ZIP Code 56042 Demographics

Freeborn County, Minnesota  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 56042 compared to county averages.

Total Population

817

↓ 97.4% vs county

Median HH Income

$77,188

↑ +17.5% vs county

Median Home Value

$202,200

↑ +30.7% vs county

Median Age

36.9 yrs

↑ 16.3% vs county

Unemployment Rate

10.0%

↓ +129.4% vs county

Income & Housing Comparison

How ZIP 56042 compares to Freeborn County and Minnesota overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 56042 $77k Freeborn $66k Minnesota $84k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 56042 $202k Freeborn $155k Minnesota $287k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

19.7%

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

Owner Occupancy

80.5%

of occupied housing units are owner-occupied

Median Gross Rent

$495

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 56042 using local Census metrics.

Median Home Value$202,200
Down Payment (20%)$40,440
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$1,283P&I: $1022 | Tax: $202 | Ins: $59
Rent (Local Median)
$495
Renting is CheaperRenting is estimated to save you $788/month compared to buying costs.

How Does 56042 Compare?

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

Location & Neighboring Areas

Interactive map showing ZIP code 56042 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 56042, sorted by distance.

56072 6.6 mi away waseca county 56016 7.4 mi away freeborn county 56026 10.7 mi away steele county 56035 10.8 mi away freeborn county 56007 12.7 mi away freeborn county 56045 13.8 mi away freeborn county 56043 16.9 mi away freeborn county 55912 26.0 mi away mower county

About Freeborn County

Freeborn County is located in Minnesota and has a total population of 30,857. The county's median household income is $65,679 and median home value is $154,700. ZIP code 56042 is one of many ZCTAs within this county.

View all ZIP codes in Freeborn 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.