Hayward, MN · standard
ZIP Code 56043
Freeborn County, Minnesota — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 486
- 9/sq mi
- $97,708
- Median income
- $177,100
- Median home value
- 19.4%
- Bachelor's or higher
The verdict
Hayward pairs an upper-quartile household income with below-median home values, in a rural, homeowner-dominated area.
- Top 21%
- household income, US ZIPs
- 37th pct
- home value, US ZIPs
- 9
- people per sq mi
- 89%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 56043 against every reporting US ZIP.
ZIP code 56043 is classified by USPS as a standard delivery area and covers roughly 52.3 square miles in Hayward, Freeborn County, Minnesota. The area is home to 486 residents, producing a population density of 9 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 56043 against Minnesota and the nation.
On the economic side, the median household income for ZIP 56043 sits at $97,708 (19% above the Minnesota average), while per-capita income is $46,036. The poverty rate stands at 7.3% and the unemployment rate at 0.4%. On housing, the median home value is $177,100 (31% below the state average) with median rent at — per month, and 88.6% of occupied units are owner-occupied, a direct signal of whether 56043 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 19.4% of adults hold a bachelor's degree or higher, the median age is 50.4, and the average commute is —. We also surface 4 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Freeborn County, so you can benchmark 56043 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 →
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 56043, Hayward, MN · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.
Quick Facts
486
Population
52.3
Area (sq mi)
9
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 56043?
50.4
Median Age
46.3%
Male
53.7%
Female
1.2%
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?
$97,708
Median Household Income
+19% vs state
$46,036
Per Capita Income
7.3%
Poverty Rate
0.4%
Unemployment Rate
How ZIP 56043 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$97,708 Top 21% higher than 79% of 30,318 US ZIPs
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?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
197
Total Housing Units
185
Occupied Units
12
Vacant Units
2.29
Avg Household Size
Occupancy Type
$177,100
Median Home Value
-31% vs state
1961
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What businesses operate in this ZIP?
Census Bureau data shows 14 business establishments in ZIP 56043, employing approximately 98 people with a combined annual payroll of $3,633,000.
14
Businesses
98
Employees
$3.6M
Annual Payroll
2
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Wholesale trade | 4 | 28.6% |
| Retail trade | 3 | 21.4% |
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 56043 vs 56036 →
ZIP 56043 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 56007
Albert Lea (56007)
21,228 residents
- 56036 1,959
Glenville (56036)
1,959 residents
- 56016 1,096
Clarks Grove (56016)
1,096 residents
- 56045 813
Hollandale (56045)
813 residents
- 56043 486
Hayward (56043)
486 residents
What this shows Among its immediate neighbors, ZIP 56043 ranks #5 by population — useful context the national average alone can't give.
ZIP 56043 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 56043
Hayward (56043)
$97,708 median income
- 56016
Clarks Grove (56016)
$89,583 median income
- 56036
Glenville (56036)
$73,287 median income
- 56045
Hollandale (56045)
$71,250 median income
- 56007
Albert Lea (56007)
$68,846 median income
What this shows By household income, ZIP 56043 ranks the highest of 5 neighboring ZIPs — local affluence varies block to block, not just metro to metro.
More ZIP Codes in Freeborn County
Related Areas
Frequently Asked Questions
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How many businesses are in ZIP code 56043? ▼
What is the education level in ZIP code 56043? ▼
What percentage of residents own vs. rent in ZIP 56043? ▼
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ZIP Code Research Guides
Official Data Resources for Hayward, MN
Verify and explore additional data for this area using these official government sources.
Read our methodology to see how this data is sourced, computed, and verified.