56011 vs 56007: cost of living, income and home prices

ZIP 56011 (Minnesota) has a median household income of $98,692 and a typical home value of $287,900. ZIP 56007 (Minnesota) sits at $62,113 and $150,500.

Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.

Measure5601156007
Median household income$98,692$62,113
Median home value$287,900$150,500
Median gross rent$1,276$812
Median age39.0 yrs44.3 yrs
Homeownership rate86.8%74.8%
Bachelor's degree or higher18.9%11.8%

56011 vs 56007, side by side

Which ZIP wins?

  • Cheaper to buy in: 56007 — typical home value $150,500.
  • Higher household income: 56011$98,692.
  • Renting: 56007 has the lower median rent.

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Methodology

Both columns use ZIP Code Tabulation Area estimates from the same Census release, so the comparison is like for like.

We only publish comparisons where both areas have at least 5,000 residents, which keeps the margin of error usable.

Sources: U.S. Census Bureau, American Community Survey (5-year). American Community Survey 5-year estimates, 2022.