56308 vs 56307: cost of living, income and home prices
ZIP 56308 (Minnesota) has a median household income of $70,915 and a typical home value of $294,300. ZIP 56307 (Minnesota) sits at $89,375 and $249,800.
Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.
| Measure | 56308 | 56307 |
|---|---|---|
| Median household income | $70,915 | $89,375 |
| Median home value | $294,300 | $249,800 |
| Median gross rent | $858 | $575 |
| Median age | 42.9 yrs | 39.1 yrs |
| Homeownership rate | 71.1% | 83.6% |
| Bachelor's degree or higher | 22.5% | 17.5% |
56308 vs 56307, side by side
Which ZIP wins?
- Cheaper to buy in: 56307 — typical home value $249,800.
- Higher household income: 56307 — $89,375.
- Renting: 56307 has the lower median rent.
Moving between these two ZIP codes?
A vetted advisor can price the move properly: taxes, housing costs and what it does to your savings rate.
Get matched with an advisorMethodology
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.