ZIP Code 56098 has segments in 2 Counties (Faribault, Martin).
The ZIP Code maps and database are updated 4 times per year.
Database updated: April 1, 2024, Maps updated: February 2, 2024.
POPULATION | |
---|---|
Total Population | 2,024 (100%) |
Population in Households | 2,018 (99.7%) |
Population in Families | 1,601 (79.1%) |
Population in Group Quarters1 | 6 ( 0.3%) |
Population Density | 18 |
Diversity Index2 | 30 |
INCOME | |
Median Household Income | $60,605 |
Average Household Income | $79,036 |
% of Income for Mortgage4 | 12% |
Per Capita Income | $35,304 |
Wealth Index5 | 65 |
Socioeconomic Status Index6 | Moderate (50.2) |
HOUSING | |
---|---|
Total HU (Housing Units) | 1,064 (100%) |
Owner Occupied HU | 672 (63.2%) |
Renter Occupied HU | 232 (21.8%) |
Vacant Housing Units | 160 (15.0%) |
Median Home Value | $118,349 |
Average Home Value | $173,140 |
Housing Affordability Index3 | 209 |
HOUSEHOLDS | |
Total Households | 904 |
Average Household Size | 2.23 |
Family Households | 572 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | -0.75% | -0.21% |
Households | 0.38% | 0.02% |
Families | -0.18% | |
Median Household Income | 2.83% | |
Per Capita Income | 2.94% | |
Owner Occupied HU | 0.50% |
The table below compares 56098 to the other 878 ZIP Codes in Minnesota by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 414 | 53rd |
Population Density | # 525 | 40th |
Median Household Income | # 694 | 21st |
Housing Affordability Index | # 850 | 97th |
Per Capita Income | # 630 | 28th |
Diversity Index | # 257 | 71st |
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.