PlainZIP

Hope, MN · standard

ZIP Code 56046

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

94
25/sq mi
$61,042
Median income
$98,900
Median home value
18.4%
Bachelor's or higher

The verdict

Hope pairs a below-median household income with among the most affordable home values nationally, in a rural, homeowner-dominated area.

31th pct
household income, US ZIPs
9th pct
home value, US ZIPs
25
people per sq mi
92%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 56046 against every reporting US ZIP.

ZIP code 56046 is a sparsely populated ZIP (a standard USPS delivery area) in Hope, Steele County, Minnesota, home to just 94 residents across 3.8 square miles, a density of 25 people per square mile, in the Chicago time zone.

ZIP 56046 reports a modest median household income of $61,042 (26% below the Minnesota average), while per-capita income is $22,932. Local economic indicators show a 9.6% poverty rate alongside 0.0% unemployment. Housing costs here run $98,900 for a typical home value (61% below the state average), with rent averaging - a month; 91.8% of homes are owner-occupied.

Educational attainment sits below the national norm: 18.4% of adults hold a bachelor's degree or higher, the median age is 27.3, and the average commute is -. Beyond these figures, 3 nearby ZIP codes within about 10 miles are surfaced below, along with 4 more sharing Steele County, letting you compare 56046 to its immediate surroundings rather than a national baseline 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 →

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 56046, Hope, 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

94

Population

3.8

Area (sq mi)

25

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 56046?

27.3

Median Age

59.2%

Male

40.8%

Female

3.2%

Foreign-Born

White 84.1%
African American 0.0%
Asian 0.0%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 15.9%
Hispanic or Latino 15.3%

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?

$61,042

Median Household Income

-26% vs state

$22,932

Per Capita Income

9.6%

Poverty Rate

0.0%

Unemployment Rate

How ZIP 56046 ranks nationally

Hope, MN household income vs. every US ZIP code

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

$61,042 31st percentile higher than 31% 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 58.6%
Bachelor's Degree or Higher 18.4%

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

What does housing look like?

49

Total Housing Units

49

Occupied Units

0

Vacant Units

3.20

Avg Household Size

Occupancy Type

Owner 91.8%
Renter 8.2%

$98,900

Median Home Value

-61% vs state

1952

Median Year Built

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

What businesses operate in this ZIP?

Census Bureau data shows 5 business establishments in ZIP 56046, employing approximately 24 people with a combined annual payroll of $1,194,000.

5

Businesses

24

Employees

$1.2M

Annual Payroll

0

Industry Sectors

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 56046 vs 56026 →

ZIP 56046 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 56046 ranks #4 by population - useful context the national average alone can't give.

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

ZIP 56046 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 56046 ranks #4 of 4 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
56026 Ellendale, MN 2,012 6.2 mi
55060 Owatonna, MN 28,911 7.0 mi
56035 Geneva, MN 546 9.9 mi

More ZIP Codes in Steele County

55060 standard
Owatonna, MN
Pop: 28,911
55917 standard
Blooming Prairie, MN
Pop: 3,696
55049 standard
Medford, MN
Pop: 2,476
56026 standard
Ellendale, MN
Pop: 2,012

Related Areas

Steele County Hope, MN Minnesota

Frequently Asked Questions

What county is ZIP code 56046 in? ▼
ZIP code 56046 (Hope) is located in Steele County, Minnesota. Steele County contains multiple ZIP codes, see the full list at /counties/steele-mn.
What is the population of ZIP code 56046? ▼
ZIP code 56046 in Hope, MN has a population of 94 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 56046? ▼
The median household income in ZIP 56046 is $61,042, which is 20% below the national average of $76,288.
What is the average home value in ZIP 56046? ▼
The median home value in ZIP 56046 is $98,900, which is 64% below the national average of $278,155.
What is the demographic makeup of ZIP 56046? ▼
The largest racial group in ZIP 56046 is White at 84.1%. Hispanic or Latino residents make up 15.3% of the population.
How many businesses are in ZIP code 56046? ▼
ZIP code 56046 has 5 business establishments employing approximately 24 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What is the education level in ZIP code 56046? ▼
In ZIP code 56046, 58.6% of residents aged 25+ have a high school diploma or higher, and 18.4% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What percentage of residents own vs. rent in ZIP 56046? ▼
In ZIP code 56046, approximately 91.8% of occupied housing units are owner-occupied and 8.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 56046? ▼
The poverty rate in ZIP code 56046 is 9.6% 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.