Balaton, MN · standard

ZIP Code 56115

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

1,366
4/sq mi
$64,000
Median income
$193,300
Median home value
20.8%
Bachelor's or higher

The verdict

Balaton pairs a below-median household income with below-median home values, in a rural, homeowner-dominated area.

37th pct
household income, US ZIPs
42th pct
home value, US ZIPs
4
people per sq mi
80%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 56115 against every reporting US ZIP.

ZIP code 56115 is classified by USPS as a standard delivery area and covers roughly 310.5 square miles in Balaton, Lyon County, Minnesota. The area is home to 1,366 residents, producing a population density of 4 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 56115 against Minnesota and the nation.

On the economic side, the median household income for ZIP 56115 sits at $64,000 (22% below the Minnesota average), while per-capita income is $37,777. The poverty rate stands at 11.7% and the unemployment rate at 2.5%. On housing, the median home value is $193,300 (24% below the state average) with median rent at $1,079 per month, and 79.6% of occupied units are owner-occupied, a direct signal of whether 56115 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 20.8% of adults hold a bachelor's degree or higher, the median age is 46.9, and the average commute is 27 minutes. We also surface 2 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Lyon County, so you can benchmark 56115 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 →

Top industries in ZIP 56115

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 56115.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

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 56115, Balaton, 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

1,366

Population

310.5

Area (sq mi)

4

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 56115?

46.9

Median Age

54.5%

Male

45.5%

Female

1.4%

Foreign-Born

White 92.1%
African American 0.0%
Asian 0.0%
American Indian or Alaska Native 0.2%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 7.7%
Hispanic or Latino 2.6%

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?

$64,000

Median Household Income

-22% vs state

$37,777

Per Capita Income

11.7%

Poverty Rate

2.5%

Unemployment Rate

27.2 min

Mean Commute Time

How ZIP 56115 ranks nationally

Household income vs. every US ZIP code

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

$64,000 37th percentile higher than 37% 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 55.1%
Bachelor's Degree or Higher 20.8%

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

What does housing look like?

524

Total Housing Units

504

Occupied Units

20

Vacant Units

2.19

Avg Household Size

Occupancy Type

Owner 79.6%
Renter 20.4%

$193,300

Median Home Value

-24% vs state

$1,079

Median Rent

1954

Median Year Built

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

What businesses operate in this ZIP?

Census Bureau data shows 32 business establishments in ZIP 56115, employing approximately 123 people with a combined annual payroll of $4,509,000.

32

Businesses

123

Employees

$4.5M

Annual Payroll

6

Industry Sectors

Industry Establishments % of Total
Construction 6 18.8%
Finance and insurance 5 15.6%
Other services (except public administration) 5 15.6%
Retail trade 4 12.5%
Health care and social assistance 4 12.5%
Transportation and warehousing 3 9.4%

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 56115 vs 56132 →

ZIP 56115 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 56115 ranks the most populous — useful context the national average alone can't give.

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

ZIP 56115 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 56115 ranks #3 of 3 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
56132 Garvin, MN 540 7.0 mi
56169 Russell, MN 681 9.7 mi

More ZIP Codes in Lyon County

Frequently Asked Questions

What county is ZIP code 56115 in?
ZIP code 56115 (Balaton) is located in Lyon County, Minnesota. Lyon County contains multiple ZIP codes, see the full list at /counties/lyon-mn.
What is the population of ZIP code 56115?
ZIP code 56115 in Balaton, MN has a population of 1,366 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 56115?
The median household income in ZIP 56115 is $64,000, which is 16% below the national average of $76,288.
What is the average home value in ZIP 56115?
The median home value in ZIP 56115 is $193,300, which is 31% below the national average of $278,155.
What is the demographic makeup of ZIP 56115?
The largest racial group in ZIP 56115 is White at 92.1%. Hispanic or Latino residents make up 2.6% of the population.
How many businesses are in ZIP code 56115?
ZIP code 56115 has 32 business establishments employing approximately 123 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 56115?
The top industries by establishment count in ZIP 56115 are: Construction (6), Finance and insurance (5), Other services (except public administration) (5). There are 6 industry sectors represented in total.
What is the education level in ZIP code 56115?
In ZIP code 56115, 55.1% of residents aged 25+ have a high school diploma or higher, and 20.8% 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 56115?
The mean commute time for workers in ZIP code 56115 is 27.2 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 56115?
In ZIP code 56115, approximately 79.6% of occupied housing units are owner-occupied and 20.4% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 56115?
The poverty rate in ZIP code 56115 is 11.7% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Balaton, MN

Verify and explore additional data for this area using these official government sources.