ZIP Code 56014 Demographics

Faribault County, Minnesota  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 56014 compared to county averages.

Total Population

700

↓ 95.0% vs county

Median HH Income

$56,458

↓ 11.8% vs county

Median Home Value

$86,700

↓ 25.3% vs county

Median Age

48.9 yrs

↓ +9.6% vs county

Unemployment Rate

2.2%

↑ 48.0% vs county

Income & Housing Comparison

How ZIP 56014 compares to Faribault County and Minnesota overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 56014 $56k Faribault $64k Minnesota $84k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 56014 $87k Faribault $116k Minnesota $287k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

18.1%

of adults 25+ hold a bachelor's degree or higher

Owner Occupancy

79.1%

of occupied housing units are owner-occupied

Median Gross Rent

$475

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 56014 using local Census metrics.

Median Home Value$86,700
Down Payment (20%)$17,340
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$550P&I: $438 | Tax: $87 | Ins: $25
Rent (Local Median)
$475
Renting is CheaperRenting is estimated to save you $75/month compared to buying costs.

How Does 56014 Compare?

Enter another ZIP code to see a side-by-side comparison.

Location & Neighboring Areas

Interactive map showing ZIP code 56014 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 56014, sorted by distance.

56051 6.6 mi away faribault county 50473 10.9 mi away winnebago county 50478 12.7 mi away winnebago county 56029 15.6 mi away freeborn county 50453 17.3 mi away winnebago county 50450 18.8 mi away winnebago county 50436 23.6 mi away winnebago county 50477 48.1 mi away cerro gordo county

About Faribault County

Faribault County is located in Minnesota and has a total population of 13,931. The county's median household income is $64,000 and median home value is $116,000. ZIP code 56014 is one of many ZCTAs within this county.

View all ZIP codes in Faribault County

Data source: American Community Survey (ACS) 2022 5-Year Estimates, U.S. Census Bureau. ZCTAs (ZIP Code Tabulation Areas) are used as proxies for USPS ZIP codes. Some USPS ZIP codes may not have a corresponding ZCTA.