ZIP Code 56042 has segments in 2 Counties (Freeborn, Waseca).
The ZIP Code maps and database are updated 4 times per year.
Database updated: April 1, 2025, Maps updated: May 1, 2024.
POPULATION | |
---|---|
Total Population | 777 (100%) |
Population in Households | 777 (100.0%) |
Population in Families | 637 (82.0%) |
Population in Group Quarters1 | 0 |
Population Density | 14 |
Diversity Index2 | 19 |
INCOME | |
Median Household Income | $84,779 |
Average Household Income | $102,590 |
% of Income for Mortgage4 | 17% |
Per Capita Income | $42,119 |
Wealth Index5 | 99 |
Socioeconomic Status Index6 | Moderate (57.2) |
HOUSING | |
---|---|
Total HU (Housing Units) | 339 (100%) |
Owner Occupied HU | 279 (82.3%) |
Renter Occupied HU | 40 (11.8%) |
Vacant Housing Units | 20 ( 5.9%) |
Median Home Value | $226,538 |
Average Home Value | $277,330 |
Housing Affordability Index3 | 142 |
HOUSEHOLDS | |
Total Households | 319 |
Average Household Size | 2.44 |
Family Households | 230 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2024 | 2024-2029 |
---|---|---|
Population | -0.03% | -0.05% |
Households | -0.51% | -0.19% |
Families | -0.98% | |
Median Household Income | 1.94% | |
Per Capita Income | 2.21% | |
Owner Occupied HU | -0.29% |
The table below compares 56042 to the other 882 ZIP Codes in Minnesota by rank and percentile using July 1, 2024 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 | # 628 | 29th |
Population Density | # 602 | 32nd |
Median Household Income | # 306 | 65th |
Housing Affordability Index | # 753 | 85th |
Per Capita Income | # 386 | 56th |
Diversity Index | # 500 | 44th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.