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ZIP Code 56514

Clay, Minnesota

FIPS 56514

Juniper

ZIP Code 56514 is in the top 4% nationally for appreciation 1yr %, but in the bottom 10% nationally for FEMA risk score. It also sits in the top 34% nationally for HPI growth 5yr %. And it sits in the 64th percentile nationally for median home value.

Median Home Value

$264,800

Higher than 64% of U.S. ZIP codes

HPI Growth 5yr %

44%

Higher than 66% of U.S. ZIP codes

FEMA Risk Score

93.1

Higher than 90% of U.S. ZIP codes

The basics

Total Population

3,994

Median Age

34

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$264,800

Higher than 64%

Median Property Tax

$2,509

Effective Tax Rate

1%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

2.63

Lower than 59%

Median Rent

$866

Near median

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

44%

Higher than 66%

Appreciation 1yr %

12%

Higher than 96%

Pandemic Gain %

31%

Recession Drop %

-5.4%

Climate & weather

Ranked against U.S. ZIP codes.

Summer Avg High (°F)

78.1

Winter Avg Low (°F)

2.9

Avg Temperature (°F)

41.7

Hot Days/yr (>90°F)

5

Freezing Days/yr (<32°F)

170.9

Annual Precipitation (in)

24.8

Annual Snowfall (in)

49.6

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

93.1

Higher than 90%

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Environment & Risk

ZIP Code 56514: frequently asked questions

What is the median home value in ZIP Code 56514?
The median home value in ZIP Code 56514 is $264,800, higher than 64% of U.S. ZIP codes.
How much is property tax in ZIP Code 56514?
The median annual property tax in ZIP Code 56514 is $2,509, an effective rate of 1% of home value.
Is ZIP Code 56514 expensive to live in?
Homes in ZIP Code 56514 cost about 2.63× the median household income, lower than 59% of U.S. ZIP codes.
What is the average rent in ZIP Code 56514?
The median gross rent in ZIP Code 56514 is $866 a month, near the U.S. ZIP codes median.
How much have home prices grown in ZIP Code 56514?
Home prices in ZIP Code 56514 have moved 44% over the past five years (12% in the past year), per the FHFA House Price Index.
What is the weather like in ZIP Code 56514?
ZIP Code 56514 averages 41.7°F year-round, summer highs near 78.1°F, winter lows around 2.9°F (NOAA 1991–2020 normals). It sees about 49.6 inches of snow a year.
Is ZIP Code 56514 at risk of flooding or natural disasters?
ZIP Code 56514's FEMA National Risk Index score is 93.1 (higher than 90% of U.S. ZIP codes). Its greatest modeled natural hazard is tornado.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap, EPA. Explore the map →