ZIP Code 56023

ZIP code 56023 is classified by USPS as a standard delivery area and covers roughly 156.5 square miles in Delavan, Faribault County, Minnesota. The area is home to 485 residents, producing a population density of 3 people per square mile, and falls within the Chicago time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 56023 against Minnesota and the nation.

On the economic side, the median household income for ZIP 56023 sits at $77,969 (5% below the Minnesota average), while per-capita income is $39,386. The poverty rate stands at 20.9% and the unemployment rate at 2.4%. On housing, the median home value is $150,000 (41% below the state average) with median rent at $986 per month, and 90.5% of occupied units are owner-occupied, a direct signal of whether 56023 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 17.9% of adults hold a bachelor's degree or higher, the median age is 39.8, and the average commute is —. We also surface 1 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Faribault County, so you can benchmark 56023 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →