56345 vs 56347: cost of living, income and home prices

ZIP 56345 (Minnesota) has a median household income of $57,639 and a typical home value of $211,000. ZIP 56347 (Minnesota) sits at $68,919 and $165,400.

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

Measure5634556347
Median household income$57,639$68,919
Median home value$211,000$165,400
Median gross rent$790$822
Median age42.4 yrs39.0 yrs
Homeownership rate74.7%78.1%
Bachelor's degree or higher13.9%8.0%

56345 vs 56347, side by side

Which ZIP wins?

  • Cheaper to buy in: 56347 — typical home value $165,400.
  • Higher household income: 56347$68,919.
  • Renting: 56345 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.