Mankato, MN · standard
ZIP Code 56003
Nicollet County, Minnesota - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 14,335
- 127/sq mi High-density area
- $82,538
- Median income Near-median income area
- $270,400
- Median home value Near-median home value
- 40.9%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Mankato pairs an above-median household income with above-median home values, in a rural, homeowner-dominated area.
- Top 35%
- household income, US ZIPs
- Top 38%
- home value, US ZIPs
- 127
- people per sq mi
- 71%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 56003 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 56003 (Mankato, MN) rose +2.8% from 2023 to 2024. The all-transactions index moved from 204.7 in 2023 to 210.4 in 2024 (2000 = 100).
ZIP code 56003 is a mid-sized community (a standard USPS delivery area) in Mankato, Nicollet County, Minnesota, home to 14,335 residents across 113.2 square miles, a density of 127 people per square mile, in the Chicago time zone.
ZIP 56003 lands in the middle-income range, with a median household income of $82,538 (1% above the average Minnesota ZIP), while per-capita income is $52,651. Both reported hardship measures are comparatively low in absolute terms: poverty is 4.4% and unemployment is 2.6%. Median home value is $270,400 (6% above the average Minnesota ZIP) and median rent is $975; 71.3% of occupied homes are owner-occupied.
A solid share of residents have a four-year degree: 40.9% of adults hold a bachelor's degree or higher, the median age is 38.8, and the average commute is 15 minutes. The page also surfaces 4 ZIP codes within roughly 10 miles and 4 more in Nicollet County, so 56003 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 56003
Top 5 sectors by establishment count in Mankato, MN
Which industries have the most business establishments in ZIP 56003.
- Health care and social assistance
Health care and social assistance
42 establishments
- Other services (except public administration)
Other services (except public administration)
34 establishments
- Construction
Construction
30 establishments
- Retail trade
Retail trade
28 establishments
- Accommodation and food services
Accommodation and food services
25 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 56003, Mankato, MN · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
14,335
Population
113.2
Area (sq mi)
127
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 56003?
38.8
Median Age
48.6%
Male
51.4%
Female
4.9%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$82,538
Median Household Income
+1% vs state ZIP avg
$52,651
Per Capita Income
4.4%
Poverty Rate
2.6%
Unemployment Rate
15.1 min
Mean Commute Time
How ZIP 56003 ranks among Minnesota ZIPs
Mankato, MN household income vs. every Minnesota ZIP code
Median household income among 864 reporting Minnesota ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$82,538 Top 41% higher than 59% of 864 Minnesota ZIPs
Each bar is a $20K-wide band; taller bars hold more Minnesota ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
6,555housing units
6,555
Total Housing Units
6,349
Occupied Units
206
Vacant Units
2.38
Avg Household Size
Occupancy Type
$270,400
Median Home Value
+6% vs state ZIP avg
$975
Median Rent
1981
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+2.8%
YoY Change (2024)
210
HPI Index (2000 = 100)
+110%
Total Change Since 2000
Home values in ZIP 56003 have increased 2.8% over the past year (2024). Since 2000, this ZIP has seen +110% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | -0.1% | 156 |
| 2021 | +7.8% | 168 |
| 2022 | +14.0% | 191 |
| 2023 | +7.0% | 205 |
| 2024 | +2.8% | 210 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 312 business establishments in ZIP 56003, employing approximately 7,029 people with a combined annual payroll of $404,688,000.
312
Businesses
7,029
Employees
$404.7M
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Health care and social assistance | 42 | 13.5% |
| Other services (except public administration) | 34 | 10.9% |
| Construction | 30 | 9.6% |
| Retail trade | 28 | 9.0% |
| Accommodation and food services | 25 | 8.0% |
| Manufacturing | 21 | 6.7% |
| Professional, scientific, and technical services | 21 | 6.7% |
| Administrative and support and waste management and remediation services | 21 | 6.7% |
| Wholesale trade | 19 | 6.1% |
| Transportation and warehousing | 18 | 5.8% |
| Finance and insurance | 17 | 5.5% |
| Real estate and rental and leasing | 10 | 3.2% |
| Arts, entertainment, and recreation | 9 | 2.9% |
| Information | 7 | 2.2% |
| Management of companies and enterprises | 5 | 1.6% |
| Educational services | 5 | 1.6% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 56003 vs 56050 →
ZIP 56003 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 56001
Mankato (56001)
46,327 residents
- 56003 14,335
Mankato (56003)
14,335 residents
- 56082 13,597
Saint Peter (56082)
13,597 residents
- 56074 2,004
Nicollet (56074)
2,004 residents
- 56050 1,464
Kasota (56050)
1,464 residents
What this shows Among its immediate neighbors, ZIP 56003 ranks #2 by population - useful context the national average alone can't give.
ZIP 56003 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 56074
Nicollet (56074)
$92,813 median income
- 56050
Kasota (56050)
$90,000 median income
- 56003
Mankato (56003)
$82,538 median income
- 56082
Saint Peter (56082)
$71,456 median income
- 56001
Mankato (56001)
$69,531 median income
What this shows By household income, ZIP 56003 ranks #3 of 5 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 56003, both outside MN so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (14,335 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Nicollet County
Related Areas
Frequently Asked Questions
What county is ZIP code 56003 in?
ZIP code 56003 (Mankato) is located in Nicollet County, Minnesota. Nicollet County contains multiple ZIP codes, see the full list at /counties/nicollet-mn.
What is the population of ZIP code 56003?
ZIP code 56003 in Mankato, MN has a population of 14,335 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 56003?
The median household income in ZIP 56003 is $82,538, which is 8% above the national average of $76,288.
What is the average home value in ZIP 56003?
The median home value in ZIP 56003 is $270,400, which is 3% below the national average of $278,155.
What is the demographic makeup of ZIP 56003?
The largest racial group in ZIP 56003 is White at 87.6%. Hispanic or Latino residents make up 4.9% of the population.
How many businesses are in ZIP code 56003?
ZIP code 56003 has 312 business establishments employing approximately 7,029 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 56003?
The top industries by establishment count in ZIP 56003 are: Health care and social assistance (42), Other services (except public administration) (34), Construction (30). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 56003?
According to the FHFA House Price Index, home values in ZIP 56003 increased by 2.8% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 110%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 56003?
In ZIP code 56003, 62.4% of residents aged 25+ have a high school diploma or higher, and 40.9% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 56003?
The mean commute time for workers in ZIP code 56003 is 15.1 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 56003?
In ZIP code 56003, approximately 71.3% of occupied housing units are owner-occupied and 28.7% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 56003?
The poverty rate in ZIP code 56003 is 4.4% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 56003's numbers, next.
- See how ZIP 56003 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Mankato, MN ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.