Minnesota Lake, MN 56068 ZIP Code Profile

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Minnesota Lake, MN
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ZIP Code 56068: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Minnesota Lake, MN 56068

Acceptable Alternative
Minnesota Lk, MN 56068

  • ZIP Code Type: STANDARD
  • Businesses Addresses: 28
  • Single Family Addresses: 329
  • Multi-Family Addresses: 0
  • County: Faribault County
  • Centroid: Latitude 43.841, Longitude -93.832
  • Time Zone: Central Time Zone (UTC -6 hours)
  • Observes DST: Yes

ZIP Code 56068 has segments in 3 Counties (Blue Earth, Faribault, Waseca).


Neighborhood Data

Address Based Hyperlocal Data Input an address and get data & demographics for the pertinent census block group (CBG), a searchable map and a customized directory. The CBG is the smallest geographical unit used by the Census Bureau for reporting certain data.


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56068 ZIP Code Map

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Minnesota Lake, MN 56068 Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 1,170
Daytime Population: Workers 183
Daytime Population: Residents 571
Total Daytime Population (TDP) 754
Ratio TDP/Total Population1 0.64
Population in Households 1,163
Population in Familes 943
Population in Group Qrtrs 7
Population Density2 17
Diversity Index3 9
 

INCOME

Median Household Income $53,865
Average Household Income $74,069
Per Capita Income $30,943

HOUSING

Total Housing Units 551 (100%)
Owner Occupied HU 402 (73.0%)
Renter Occupied HU 85 (15.4%)
Vacant Housing Units 64 (11.6%)
Median Home Value $124,444
Average Home Value $156,281
 

HOUSEHOLDS

Total Households 487
Average Household Size 2.39
Family Households 328
Average Family Size 3
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population 0.79% 0.37%
Households 0.88% 0.45%
Families 0.78% 0.42%
Median Household Income   3.36%
Per Capita Income   3.95%

Minnesota Lake, MN 56068 - Peer Comparisons by Rank and Percentile

The table below compares 56068 to the other 883 ZIP Codes in Minnesota by rank and percentile using July 1, 2017 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 # 538 39th
Population Density # 538 39th
Diversity Index # 666 25th
Median Household Income # 518 41st
Per Capita Income # 354 60th

Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.


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