Minnesota Lake, MN · standard
ZIP Code 56068
Faribault County, Minnesota - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 1,087
- 6/sq mi Low-density area
- $74,250
- Median income Near-median income area
- $191,800
- Median home value Near-median home value
- 24.7%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Minnesota Lake pairs an above-median household income with below-median home values, in a rural, homeowner-dominated area.
- Top 46%
- household income, US ZIPs
- 41st pct
- home value, US ZIPs
- 6
- people per sq mi
- 79%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 56068 against every reporting US ZIP.
ZIP code 56068 is a sparsely populated ZIP (a standard USPS delivery area) in Minnesota Lake, Faribault County, Minnesota, home to just 1,087 residents across 169.8 square miles, a density of 6 people per square mile, in the Chicago time zone.
ZIP 56068 lands in the middle-income range, with a median household income of $74,250 (10% below the average Minnesota ZIP), while per-capita income is $40,366. Both reported hardship measures are comparatively low in absolute terms: poverty is 7.4% and unemployment is 2.7%. Home values sit below the statewide ZIP benchmark: the median is $191,800 (25% below the average Minnesota ZIP), and median rent is $1,012; owner occupancy is 78.7%.
Educational attainment sits below the national norm: 24.7% of adults hold a bachelor's degree or higher, the median age is 42.3, and the average commute is 29 minutes. The page also surfaces 5 ZIP codes within roughly 10 miles and 6 more in Faribault County, so 56068 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 →
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 56068, Minnesota Lake, 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
1,087
Population
169.8
Area (sq mi)
6
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 56068?
42.3
Median Age
54.8%
Male
45.2%
Female
0.1%
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?
$74,250
Median Household Income
-10% vs state ZIP avg
$40,366
Per Capita Income
7.4%
Poverty Rate
2.7%
Unemployment Rate
29.1 min
Mean Commute Time
How ZIP 56068 ranks among Minnesota ZIPs
Minnesota Lake, 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)
$74,250 42nd percentile higher than 42% 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
467housing units
467
Total Housing Units
441
Occupied Units
26
Vacant Units
2.36
Avg Household Size
Occupancy Type
$191,800
Median Home Value
-25% vs state ZIP avg
$1,012
Median Rent
1956
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What businesses operate in this ZIP?
Census Bureau data shows 17 business establishments in ZIP 56068, employing approximately 114 people with a combined annual payroll of $4,258,000.
17
Businesses
114
Employees
$4.3M
Annual Payroll
1
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Wholesale trade | 3 | 17.6% |
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 56068 vs 56078 →
ZIP 56068 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 56097
Wells (56097)
3,715 residents
- 56065
Mapleton (56065)
2,844 residents
- 56068 1,087
Minnesota Lake (56068)
1,087 residents
- 56025 507
Easton (56025)
507 residents
- 56078 476
Pemberton (56078)
476 residents
- 56091 367
Waldorf (56091)
367 residents
What this shows Among its immediate neighbors, ZIP 56068 ranks #3 by population - useful context the national average alone can't give.
ZIP 56068 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 56065
Mapleton (56065)
$92,933 median income
- 56025
Easton (56025)
$91,786 median income
- 56078
Pemberton (56078)
$80,208 median income
- 56068
Minnesota Lake (56068)
$74,250 median income
- 56097
Wells (56097)
$62,264 median income
- 56091
Waldorf (56091)
$56,250 median income
What this shows By household income, ZIP 56068 ranks #4 of 6 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 56068, 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 (1,087 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Faribault County
Related Areas
Frequently Asked Questions
What county is ZIP code 56068 in?
ZIP code 56068 (Minnesota Lake) is located in Faribault County, Minnesota. Faribault County contains multiple ZIP codes, see the full list at /counties/faribault-mn.
What is the population of ZIP code 56068?
ZIP code 56068 in Minnesota Lake, MN has a population of 1,087 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 56068?
The median household income in ZIP 56068 is $74,250, which is 3% below the national average of $76,288.
What is the average home value in ZIP 56068?
The median home value in ZIP 56068 is $191,800, which is 31% below the national average of $278,155.
What is the demographic makeup of ZIP 56068?
The largest racial group in ZIP 56068 is White at 94.2%. Hispanic or Latino residents make up 6.2% of the population.
How many businesses are in ZIP code 56068?
ZIP code 56068 has 17 business establishments employing approximately 114 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What is the education level in ZIP code 56068?
In ZIP code 56068, 49.1% of residents aged 25+ have a high school diploma or higher, and 24.7% 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 56068?
The mean commute time for workers in ZIP code 56068 is 29.1 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 56068?
In ZIP code 56068, approximately 78.7% of occupied housing units are owner-occupied and 21.3% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 56068?
The poverty rate in ZIP code 56068 is 7.4% 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 56068's numbers, next.
- See how ZIP 56068 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Minnesota Lake, MN ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.