ZIP Code 56045 Demographics

Freeborn County, Minnesota  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 56045 compared to county averages.

Total Population

944

↓ 96.9% vs county

Median HH Income

$70,769

↑ +7.7% vs county

Median Home Value

$145,200

↓ 6.1% vs county

Median Age

40.3 yrs

↑ 8.6% vs county

Unemployment Rate

1.3%

↑ 69.2% vs county

Income & Housing Comparison

How ZIP 56045 compares to Freeborn County and Minnesota overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 56045 $71k Freeborn $66k Minnesota $84k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 56045 $145k Freeborn $155k Minnesota $287k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

15.1%

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

Owner Occupancy

93.0%

of occupied housing units are owner-occupied

Median Gross Rent

$692

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 56045 using local Census metrics.

Median Home Value$145,200
Down Payment (20%)$29,040
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$921P&I: $734 | Tax: $145 | Ins: $42
Rent (Local Median)
$692
Renting is CheaperRenting is estimated to save you $229/month compared to buying costs.

How Does 56045 Compare?

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

Location & Neighboring Areas

Interactive map showing ZIP code 56045 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 56045, sorted by distance.

56035 5.1 mi away freeborn county 56016 6.6 mi away freeborn county 56043 7.7 mi away freeborn county 56007 8.8 mi away freeborn county 56026 8.9 mi away steele county 56042 13.8 mi away freeborn county 56072 17.8 mi away waseca county 56096 38.5 mi away le sueur 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 56045 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.