Housing market/Minnesota/ZIP 55983

ACS 2023 · FY2027 SAFMR

ZIP 55983 Wanamingo, Goodhue County, Minnesota

Goodhue County, MN · Minnesota. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
1,671
Households
704
Median HH income
$85,625
Renter share
21.3%
Median gross rent
$620
Vacancy
6.9%
Pop. change
+0.5%
2BR SAFMR
$1,010
SAFMR / rent
1.629×
2–49 unit stock
139
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 55983 · MN — sent to you.

ZIP 55983 · MN

ACS median rent$620
2BR SAFMR$1,010
90% floor$909
110% ceiling$1,111

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 55983

  • 1-unit detached53570.8%
  • 1-unit attached415.4%
  • 2–4 units537.0%
  • 5–49 units8611.4%
  • Mobile415.4%
TypeUnitsShare
1-unit detached53570.8%
1-unit attached415.4%
2 units (duplex)121.6%
3–4 units415.4%
5–9 units709.3%
10–19 units162.1%
20–49 units00.0%
50+ units00.0%
Mobile415.4%

2–4 unit share 7.0% · 5–49 unit share 11.4% · combined 2–49 18.4%.

Units by bedrooms

Studio
0
1BR
46
2BR
233
3BR
268
4BR
174
5+
35

Rent burden

Rent ≥30% of income40.0%
Rent ≥50% of income8.7%
  • ACS median gross rent $620 (all bedrooms, occupied rentals).
  • Median contract rent $608.
  • Renters paying ≥30% of income 40.0%; ≥50% 8.7%.
  • FY2027 2BR SAFMR $1,010 (1.629× ACS median gross rent).

Population

1,671 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +0.5%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 55983 21.3% of occupied households are renters; vacancy is 6.9%; ACS median gross rent is $620; population increased +0.5% between the 2018 and 2023 ACS vintages; the housing stock includes 53 units in 2–4-unit structures and 86 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,010 versus ACS median gross rent of $620. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Minnesota research

ZIP 55983 is a Census / HUD profile for Goodhue County, MN. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Minnesota research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 55983?

ZIP 55983 (Goodhue County, MN) has 1,671 residents, 704 households, a renter share of 21.3%, median household income of $85,625, and ACS 2023 median gross rent of $620. Vacancy is 6.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 55983?

ACS counts 12 units in 2-unit buildings, 41 in 3–4 unit buildings, 70 in 5–9, 16 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 139 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 55983?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,010. See the full schedule and 90–110% payment-standard band on the ZIP 55983 — Wanamingo, MN HUD Section 8 Payment Standards / SAFMR.

Does this Minnesota ZIP profile include Georgia listings?

No. ZIP 55983 is Census / HUD research for Goodhue County, MN. Jeff Crowe CRE does not list Minnesota property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.