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Henderson city, MN

ZIP 56044 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 56044

Median Home Value
$281,800
Median Rent
$835
Affordability Snapshot
$78,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,810/mo PITI).

11%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.0x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

28.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 56044 in Henderson city, MN, a household would need roughly $78,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,810. That sits below the local median household income ($92,917), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
84.2%+29% vs US avg
x
Vacancy Rate
7.0%-32% vs US avg
x
Broadband Access
87.8%+1% vs US avg
x
4+ Bedrooms
8.2%-45% vs US avg
x
Built Pre-1939
5.4%-58% vs US avg
x
Built Post-2014
1.3%-81% vs US avg
x
Rent Burden >30%
17.5%-65% vs US avg
x
Mortgage-Free
35.0%-8% vs US avg
x
$281,800
Home Value
$835
Rent
1964
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached87.6%
  • 1-unit attached2.2%
  • 2-9 units2.9%
  • 10+ units4.7%
  • Mobile home & other2.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$281,800
Median rent$835
Owner-occupied84.2%
Vacant7.0%
Price-to-income3.0x
Est. income to buy$78,000