PlainZIP

Albert Lea, MN · standard

ZIP Code 56007

Freeborn County, Minnesota - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

21,228
49/sq mi
$68,846
Median income
$166,900
Median home value
18.2%
Bachelor's or higher

The verdict

Albert Lea pairs a below-median household income with below-median home values, in a rural, homeowner-dominated area.

45th pct
household income, US ZIPs
33th pct
home value, US ZIPs
49
people per sq mi
77%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 56007 against every reporting US ZIP.

ZIP code 56007 is a densely settled ZIP (a standard USPS delivery area) in Albert Lea, Freeborn County, Minnesota, with 21,228 residents across 437.7 square miles, a density of 49 people per square mile, in the Chicago time zone.

ZIP 56007 reports a modest median household income of $68,846 (16% below the Minnesota average), while per-capita income is $39,953. 11.7% of residents live below the poverty line, and the unemployment rate reads 5.2%. Median home value sits at $166,900 (35% below the state average), median rent at $855 a month, and owner-occupancy at 76.7%.

Educational attainment sits below the national norm: 18.2% of adults hold a bachelor's degree or higher, the median age is 44.3, and the average commute is 18 minutes. A geography-based comparison follows: 5 ZIP codes within about 10 miles of 56007, plus 6 more within Freeborn County, give a clearer read than the national average alone.

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 56007

Top 5 sectors by establishment count in Albert Lea, MN

Which industries have the most business establishments in ZIP 56007.

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 · ZIP Code Business Patterns (ZBP) As of 2023

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 56007, Albert Lea, 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

21,228

Population

437.7

Area (sq mi)

49

People / sq mi

Chicago

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 56007?

44.3

Median Age

50.5%

Male

49.5%

Female

5.0%

Foreign-Born

White 81.3%
African American 2.2%
Asian 4.2%
American Indian or Alaska Native 0.4%
Native Hawaiian or Pacific Islander 0.2%
Two or More Ethnicities 8.7%
Hispanic or Latino 13.5%

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?

$68,846

Median Household Income

-16% vs state

$39,953

Per Capita Income

11.7%

Poverty Rate

5.2%

Unemployment Rate

17.9 min

Mean Commute Time

How ZIP 56007 ranks nationally

Albert Lea, MN household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$68,846 45th percentile higher than 45% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). This entry sits in this band. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US 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?

High School Graduate or Higher 51.1%
Bachelor's Degree or Higher 18.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

9,776

Total Housing Units

8,911

Occupied Units

865

Vacant Units

2.34

Avg Household Size

Occupancy Type

Owner 76.7%
Renter 23.3%

$166,900

Median Home Value

-35% vs state

$855

Median Rent

1960

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

+7.8%

YoY Change (2024)

189

HPI Index (2000 = 100)

+89%

Total Change Since 2000

Home values in ZIP 56007 have increased 7.8% over the past year (2024). Since 2000, this ZIP has seen +89% cumulative appreciation.

Year Annual Change HPI Index
2020 +2.3% 135
2021 +7.3% 145
2022 +13.5% 165
2023 +6.3% 175
2024 +7.8% 189

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 588 business establishments in ZIP 56007, employing approximately 9,889 people with a combined annual payroll of $499,912,000.

588

Businesses

9,889

Employees

$499.9M

Annual Payroll

17

Industry Sectors

Industry Establishments % of Total
Retail trade 108 18.4%
Health care and social assistance 69 11.7%
Other services (except public administration) 66 11.2%
Accommodation and food services 59 10.0%
Construction 49 8.3%
Finance and insurance 42 7.1%
Manufacturing 40 6.8%
Professional, scientific, and technical services 37 6.3%
Transportation and warehousing 31 5.3%
Wholesale trade 21 3.6%
Real estate and rental and leasing 19 3.2%
Administrative and support and waste management and remediation services 16 2.7%
Arts, entertainment, and recreation 9 1.5%
Information 8 1.4%
Educational services 4 0.7%
Management of companies and enterprises 3 0.5%
Industries not classified 3 0.5%

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 56007 vs 56043 →

ZIP 56007 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 56007 ranks the most populous - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 56007 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 56007 ranks #5 of 6 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
56043 Hayward, MN 486 5.2 mi
56016 Clarks Grove, MN 1,096 7.2 mi
56089 Twin Lakes, MN 155 8.7 mi
56045 Hollandale, MN 813 8.8 mi
56036 Glenville, MN 1,959 9.2 mi

More ZIP Codes in Freeborn County

56036 standard
Glenville, MN
Pop: 1,959
56009 standard
Alden, MN
Pop: 1,613
56016 standard
Clarks Grove, MN
Pop: 1,096
56045 standard
Hollandale, MN
Pop: 813
56029 standard
Emmons, MN
Pop: 744
56042 standard
Hartland, MN
Pop: 720

Related Areas

Freeborn County Albert Lea, MN Minnesota

Frequently Asked Questions

What county is ZIP code 56007 in? ▼
ZIP code 56007 (Albert Lea) is located in Freeborn County, Minnesota. Freeborn County contains multiple ZIP codes, see the full list at /counties/freeborn-mn.
What is the population of ZIP code 56007? ▼
ZIP code 56007 in Albert Lea, MN has a population of 21,228 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 56007? ▼
The median household income in ZIP 56007 is $68,846, which is 10% below the national average of $76,288.
What is the average home value in ZIP 56007? ▼
The median home value in ZIP 56007 is $166,900, which is 40% below the national average of $278,155.
What is the demographic makeup of ZIP 56007? ▼
The largest racial group in ZIP 56007 is White at 81.3%. Hispanic or Latino residents make up 13.5% of the population.
How many businesses are in ZIP code 56007? ▼
ZIP code 56007 has 588 business establishments employing approximately 9,889 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 56007? ▼
The top industries by establishment count in ZIP 56007 are: Retail trade (108), Health care and social assistance (69), Other services (except public administration) (66). There are 17 industry sectors represented in total.
How have home values changed in ZIP code 56007? ▼
According to the FHFA House Price Index, home values in ZIP 56007 increased by 7.8% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 89%. 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 56007? ▼
In ZIP code 56007, 51.1% of residents aged 25+ have a high school diploma or higher, and 18.2% 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 56007? ▼
The mean commute time for workers in ZIP code 56007 is 17.9 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 56007? ▼
In ZIP code 56007, approximately 76.7% of occupied housing units are owner-occupied and 23.3% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 56007? ▼
The poverty rate in ZIP code 56007 is 11.7% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.