ZIP Code 56051 Demographics

Faribault County, Minnesota  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 56051 compared to county averages.

Total Population

737

↓ 94.7% vs county

Median HH Income

$47,717

↓ 25.4% vs county

Median Home Value

$53,100

↓ 54.2% vs county

Median Age

43.5 yrs

↑ 2.5% vs county

Unemployment Rate

9.0%

↓ +111.1% vs county

Income & Housing Comparison

How ZIP 56051 compares to Faribault County and Minnesota overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 56051 $48k Faribault $64k Minnesota $84k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 56051 $53k Faribault $116k Minnesota $287k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

9.4%

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

Owner Occupancy

82.1%

of occupied housing units are owner-occupied

Median Gross Rent

$1,092

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 56051 using local Census metrics.

Median Home Value$53,100
Down Payment (20%)$10,620
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$337P&I: $269 | Tax: $53 | Ins: $15
Rent (Local Median)
$1,092
Buying is CheaperBuying a home is estimated to save you $755/month compared to local rents.

How Does 56051 Compare?

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

Location & Neighboring Areas

Interactive map showing ZIP code 56051 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 56051, sorted by distance.

50473 5.2 mi away winnebago county 56014 6.6 mi away faribault county 56029 9.4 mi away freeborn county 50478 10.1 mi away winnebago county 50453 12.2 mi away winnebago county 50450 12.3 mi away winnebago county 50436 19.1 mi away winnebago county 50477 42.5 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 56051 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.