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ZIP Code 56623

Lake of the Woods, Minnesota

FIPS 56623

Juniper

ZIP Code 56623 is in the top 39% nationally for FEMA risk score. It also sits in the top 39% nationally for HPI growth 5yr %.

Median Home Value

$232,800

Higher than 57% of U.S. ZIP codes

HPI Growth 5yr %

39%

Higher than 61% of U.S. ZIP codes

FEMA Risk Score

56.3

Lower than 61% of U.S. ZIP codes

The basics

Total Population

2,733

Median Age

53.6

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$232,800

Higher than 57%

Median Property Tax

$1,494

Effective Tax Rate

1%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

2.65

Lower than 58%

Median Rent

$942

Near median

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

39%

Higher than 61%

Appreciation 1yr %

-11%

Higher than 56%

Pandemic Gain %

33%

Recession Drop %

-11%

Climate & weather

Ranked against U.S. ZIP codes.

Summer Avg High (°F)

78.7

Winter Avg Low (°F)

-1.1

Avg Temperature (°F)

40

Hot Days/yr (>90°F)

4.8

Freezing Days/yr (<32°F)

184.2

Annual Precipitation (in)

25.1

Annual Snowfall (in)

45.9

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

56.3

Lower than 61%

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 56623: frequently asked questions

What is the median home value in ZIP Code 56623?
The median home value in ZIP Code 56623 is $232,800, higher than 57% of U.S. ZIP codes.
How much is property tax in ZIP Code 56623?
The median annual property tax in ZIP Code 56623 is $1,494, an effective rate of 1% of home value.
Is ZIP Code 56623 expensive to live in?
Homes in ZIP Code 56623 cost about 2.65× the median household income, lower than 58% of U.S. ZIP codes.
What is the average rent in ZIP Code 56623?
The median gross rent in ZIP Code 56623 is $942 a month, near the U.S. ZIP codes median.
How much have home prices grown in ZIP Code 56623?
Home prices in ZIP Code 56623 have moved 39% over the past five years (-11% in the past year), per the FHFA House Price Index.
What is the weather like in ZIP Code 56623?
ZIP Code 56623 averages 40°F year-round, summer highs near 78.7°F, winter lows around -1.1°F (NOAA 1991–2020 normals). It sees about 45.9 inches of snow a year.
Is ZIP Code 56623 at risk of flooding or natural disasters?
ZIP Code 56623's FEMA National Risk Index score is 56.3 (lower than 61% of U.S. ZIP codes). Its greatest modeled natural hazard is wildfire.

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