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ZIP Code 56701

Pennington, Minnesota

FIPS 56701

Juniper

ZIP Code 56701 is in the top 36% nationally for appreciation 1yr %, but in the bottom 23% nationally for FEMA risk score. It also sits in the top 37% nationally for price-to-income ratio.

Median Home Value

$196,000

Near the U.S. ZIP codes median

HPI Growth 5yr %

18%

Near the U.S. ZIP codes median

FEMA Risk Score

84.5

Higher than 77% of U.S. ZIP codes

The basics

Total Population

12,705

Median Age

39.4

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$196,000

Near median

Median Property Tax

$2,424

Effective Tax Rate

1%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

2.49

Lower than 63%

Median Rent

$856

Near median

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

18%

Near median

Appreciation 1yr %

-0.9%

Higher than 64%

Pandemic Gain %

21%

Recession Drop %

-1.9%

Climate & weather

Ranked against U.S. ZIP codes.

Summer Avg High (°F)

78.3

Winter Avg Low (°F)

1.2

Avg Temperature (°F)

39.9

Hot Days/yr (>90°F)

5.5

Freezing Days/yr (<32°F)

182.3

Annual Precipitation (in)

24.6

Annual Snowfall (in)

49.9

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

84.5

Higher than 77%

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 56701: frequently asked questions

What is the median home value in ZIP Code 56701?
The median home value in ZIP Code 56701 is $196,000, near the U.S. ZIP codes median.
How much is property tax in ZIP Code 56701?
The median annual property tax in ZIP Code 56701 is $2,424, an effective rate of 1% of home value.
Is ZIP Code 56701 expensive to live in?
Homes in ZIP Code 56701 cost about 2.49× the median household income, lower than 63% of U.S. ZIP codes.
What is the average rent in ZIP Code 56701?
The median gross rent in ZIP Code 56701 is $856 a month, near the U.S. ZIP codes median.
How much have home prices grown in ZIP Code 56701?
Home prices in ZIP Code 56701 have moved 18% over the past five years (-0.9% in the past year), per the FHFA House Price Index.
What is the weather like in ZIP Code 56701?
ZIP Code 56701 averages 39.9°F year-round, summer highs near 78.3°F, winter lows around 1.2°F (NOAA 1991–2020 normals). It sees about 49.9 inches of snow a year.
Is ZIP Code 56701 at risk of flooding or natural disasters?
ZIP Code 56701's FEMA National Risk Index score is 84.5 (higher than 77% 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 →