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
- $74,250
- Median income
- $191,800
- Median home value
- 24.7%
- Bachelor's or higher
The verdict
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
- 41th 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 classified by USPS as a standard delivery area and covers roughly 169.8 square miles in Minnesota Lake, Faribault County, Minnesota. The area is home to 1,087 residents, producing a population density of 6 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 56068 against Minnesota and the nation.
On the economic side, the median household income for ZIP 56068 sits at $74,250 (10% below the Minnesota average), while per-capita income is $40,366. The poverty rate stands at 7.4% and the unemployment rate at 2.7%. On housing, the median home value is $191,800 (25% below the state average) with median rent at $1,012 per month, and 78.7% of occupied units are owner-occupied, a direct signal of whether 56068 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 24.7% of adults hold a bachelor's degree or higher, the median age is 42.3, and the average commute is 29 minutes. We also surface 5 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Faribault County, so you can benchmark 56068 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 56068, Minnesota Lake, 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
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
$40,366
Per Capita Income
7.4%
Poverty Rate
2.7%
Unemployment Rate
29.1 min
Mean Commute Time
How ZIP 56068 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$74,250 Top 46% higher than 54% 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?
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
$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.
More ZIP Codes in Faribault County
Related Areas
Frequently Asked Questions
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ZIP Code Research Guides
Official Data Resources for Minnesota Lake, 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.