ZIP Code 56027 has segments in 2 Counties (Faribault, Martin).
The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2023, Maps updated: August 12, 2022.
POPULATION | |
---|---|
Total Population | 789 (100%) |
Population in Households | 789 (100.0%) |
Population in Families | 608 (77.1%) |
Population in Group Quarters1 | 0 |
Population Density | 14 |
Diversity Index2 | 35 |
INCOME | |
Median Household Income | $53,779 |
Average Household Income | $73,764 |
% of Income for Mortgage4 | 6% |
Per Capita Income | $30,555 |
Wealth Index5 | 69 |
HOUSING | |
---|---|
Total HU (Housing Units) | 402 (100%) |
Owner Occupied HU | 282 (70.1%) |
Renter Occupied HU | 56 (13.9%) |
Vacant Housing Units | 65 (16.2%) |
Median Home Value | $63,500 |
Average Home Value | $109,964 |
Housing Affordability Index3 | 350 |
HOUSEHOLDS | |
Total Households | 337 |
Average Household Size | 2.34 |
Family Households | 211 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2022 | 2022-2027 |
---|---|---|
Population | 0.11% | -0.51% |
Households | -1.29% | -0.48% |
Families | -0.58% | |
Median Household Income | 2.05% | |
Per Capita Income | 2.72% | |
Owner Occupied HU | -0.36% |
The table below compares 56027 to the other 878 ZIP Codes in Minnesota by rank and percentile using July 1, 2022 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 | # 617 | 30th |
Population Density | # 590 | 33rd |
Median Household Income | # 825 | 6th |
Housing Affordability Index | # 876 | 100th |
Per Capita Income | # 793 | 10th |
Diversity Index | # 207 | 77th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.