ZIP 56229 vs ZIP 56245

Source:

Cottonwood, MN — Hanley Falls, MN

This side-by-side compares ZIP 56229 (Cottonwood, MN) and ZIP 56245 (Hanley Falls, MN) using the same Census ACS 5-Year table fields for both — no averages swapped in, no national proxies. ZIP 56229 has a population of 1,871 at 7 people per square mile, while ZIP 56245 has 535 at 4 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 56229 reports a median household income of $104,375 against $84,583 in ZIP 56245, with per-capita income of $49,715 vs $41,362. The share of adults holding a bachelor's degree or higher is 27.7% in 56229 and 10.0% in 56245. Poverty rate reads 6.7% vs 7.0%, and unemployment 5.1% 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 $205,600 in 56229 versus $148,200 in 56245, with median rent of $756 and $630 per month respectively. Homeownership rate is 83.6% vs 71.0%. 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
56229
Cottonwood, MN
56245
Hanley Falls, MN
Population 1,871 535
Median Household Income $104,375 $84,583
Per Capita Income $49,715 $41,362
Median Age 41.6 40.6
Bachelor's Degree or Higher 27.7% 10.0%
Poverty Rate 6.7% 7.0%
Unemployment Rate 5.1% 0.4%
Median Home Value $205,600 $148,200
Median Rent (monthly) $756 $630
Homeownership Rate 83.6% 71.0%
Population Density (per sq mi) 7 4

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

Full Profile
56229
Cottonwood, MN
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Full Profile
56245
Hanley Falls, MN
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What are common questions about this comparison?

How do ZIP codes 56229 and 56245 compare?
ZIP 56229 (Cottonwood, MN) has a population of 1,871 and a median household income of $104,375. ZIP 56245 (Hanley Falls, MN) has a population of 535 and a median household income of $84,583.
Which ZIP code has higher income, 56229 or 56245?
ZIP 56229 (Cottonwood, MN) has a higher median household income of $104,375 compared to $84,583 for ZIP 56245.
How do I compare two ZIP codes on PlainZIP?
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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.