ZIP 56073 vs ZIP 56054

Source:

New Ulm, MN — Lafayette, MN

This side-by-side compares ZIP 56073 (New Ulm, MN) and ZIP 56054 (Lafayette, MN) using the same Census ACS 5-Year table fields for both — no averages swapped in, no national proxies. ZIP 56073 has a population of 16,759 at 32 people per square mile, while ZIP 56054 has 923 at 6 per square mile. That difference in population size and density alone reshapes how every other metric should be interpreted — a higher-income ZIP with 1,200 residents behaves very differently from one with 45,000.

On income and education, ZIP 56073 reports a median household income of $70,250 against $93,214 in ZIP 56054, with per-capita income of $37,912 vs $42,678. The share of adults holding a bachelor's degree or higher is 27.2% in 56073 and 25.3% in 56054. Poverty rate reads 8.2% vs 3.5%, and unemployment 2.8% vs 0.4% — these four fields alone drive most of the difference in the scorecard grades you will see for each ZIP.

Housing separates these two ZIPs further: median home value sits at $218,700 in 56073 versus $198,200 in 56054, with median rent of $959 and $940 per month respectively. Homeownership rate is 77.9% vs 89.3%. When reading the comparison table below, focus on paired metrics rather than single winners — a ZIP with lower home values and lower income is not strictly "worse" if rent-to-income ratios and commute times land in the same zone. Every value is pulled from the exact same ACS table so the two columns are genuinely comparable.

Compare different ZIP codes:

vs
Metric
56073
New Ulm, MN
56054
Lafayette, MN
Population 16,759 923
Median Household Income $70,250 $93,214
Per Capita Income $37,912 $42,678
Median Age 41 42.8
Bachelor's Degree or Higher 27.2% 25.3%
Poverty Rate 8.2% 3.5%
Unemployment Rate 2.8% 0.4%
Median Home Value $218,700 $198,200
Median Rent (monthly) $959 $940
Homeownership Rate 77.9% 89.3%
Population Density (per sq mi) 32 6

Values highlighted in green indicate the better metric where applicable. Source: U.S. Census Bureau ACS 2023.

Full Profile
56073
New Ulm, MN
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56054
Lafayette, MN
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What are common questions about this comparison?

How do ZIP codes 56073 and 56054 compare?
ZIP 56073 (New Ulm, MN) has a population of 16,759 and a median household income of $70,250. ZIP 56054 (Lafayette, MN) has a population of 923 and a median household income of $93,214.
Which ZIP code has higher income, 56073 or 56054?
ZIP 56054 (Lafayette, MN) has a higher median household income of $93,214 compared to $70,250 for ZIP 56073.
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All data sourced from the U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2023).

PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.

Data sourced from official U.S. Census ACS and HUD-USPS ZIP crosswalk data. See our methodology for details. Retrieved and formatted by PlainZIP Editorial.