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ZIP Code 56588

Otter Tail, Minnesota

FIPS 56588

Juniper

ZIP Code 56588 is in the bottom 18% nationally for price-to-income ratio. It also sits in the 75th percentile nationally for median home value. And it sits in the 68th percentile nationally for median rent.

Median Home Value

$344,400

Higher than 75% of U.S. ZIP codes

FEMA Risk Score

68.6

Near the U.S. ZIP codes median

The basics

Total Population

483

Median Age

56.4

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$344,400

Higher than 75%

Median Property Tax

$2,060

Effective Tax Rate

1%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

4.63

Higher than 82%

Median Rent

$1,125

Higher than 68%

Home prices & appreciation

Ranked against U.S. ZIP codes.

Recession Drop %

-17%

Climate & weather

Ranked against U.S. ZIP codes.

Summer Avg High (°F)

76.8

Winter Avg Low (°F)

2.2

Avg Temperature (°F)

40.9

Hot Days/yr (>90°F)

3.7

Freezing Days/yr (<32°F)

171.8

Annual Precipitation (in)

27.4

Annual Snowfall (in)

50.8

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

68.6

Near median

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 56588: frequently asked questions

What is the median home value in ZIP Code 56588?
The median home value in ZIP Code 56588 is $344,400, higher than 75% of U.S. ZIP codes.
How much is property tax in ZIP Code 56588?
The median annual property tax in ZIP Code 56588 is $2,060, an effective rate of 1% of home value.
Is ZIP Code 56588 expensive to live in?
Homes in ZIP Code 56588 cost about 4.63× the median household income, higher than 82% of U.S. ZIP codes.
What is the average rent in ZIP Code 56588?
The median gross rent in ZIP Code 56588 is $1,125 a month, higher than 68% of U.S. ZIP codes.
What is the weather like in ZIP Code 56588?
ZIP Code 56588 averages 40.9°F year-round, summer highs near 76.8°F, winter lows around 2.2°F (NOAA 1991–2020 normals). It sees about 50.8 inches of snow a year.
Is ZIP Code 56588 at risk of flooding or natural disasters?
ZIP Code 56588's FEMA National Risk Index score is 68.6 (near the U.S. ZIP codes median). 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 →