ZIP code 56073: income, home prices and cost of living

The median household income in ZIP 56073 is $67,047, which is 12% below the Minnesota median of $76,183 and 2% below the national figure. The typical home is valued at $184,400, and the median rent is $886/month. 76.9% of households own their home.

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

Median household income

$67,047

Minnesota average
$76,18312%
National
$68,7502%

Median home value

$184,400

Minnesota average
$240,20023%
National
$209,60012%

Median gross rent

$886

Minnesota average
$9062%
National
$98410%

Median age

40.4 yrs

Minnesota average
41.1 yrs2%
National
41.0 yrs1%

Homeownership rate

76.9%

Minnesota average
82.1%6%
National
75.8%1%

Bachelor's degree or higher

17.8%

Minnesota average
17.8%
National
15.9%12%

How ZIP 56073 compares with Minnesota and the U.S.

State and national bars are the median across ZIP Code Tabulation Areas. Source: U.S. Census Bureau, American Community Survey (5-year), 2022.

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Nearby ZIP codes in Minnesota

56071560815608256085560585609356101560315601156007

Or compare 56073 with 56071.

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What people search about ZIP 56073

Searches for the cost of living in 56073, the median household income in 56073, average rent in 56073 and home values in this part of Minnesota all come back to the same Census figures shown above. Use them alongside a mortgage payment estimate, a property tax estimate and a household budget before you compare this ZIP code with a neighbouring one.

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Methodology

Figures describe ZIP Code Tabulation Area 56073, the Census Bureau's statistical approximation of the ZIP code. Values are median estimates for the five-year period ending 2022.

State and national benchmarks are the median of all ZCTAs in that geography with at least 1,000 residents, computed by us from the same public dataset.

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