Lakefield, MN · standard
ZIP Code 56150
Jackson County, Minnesota - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 2,742
- 6/sq mi
- $76,844
- Median income
- $146,100
- Median home value
- 19.0%
- Bachelor's or higher
The verdict
Lakefield pairs an above-median household income with among the most affordable home values nationally, in a rural, homeowner-dominated area.
- Top 42%
- household income, US ZIPs
- 24th pct
- home value, US ZIPs
- 6
- people per sq mi
- 88%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 56150 against every reporting US ZIP.
ZIP code 56150 covers 442.3 square miles in Lakefield, Jackson County, Minnesota (a standard USPS delivery area), with a modest 2,742 residents on file, a density of 6 people per square mile, in the Chicago time zone.
ZIP 56150 lands in the middle-income range, with a median household income of $76,844 (6% below the Minnesota average), while per-capita income is $37,288. The poverty rate stands at 9.2% and the unemployment rate at 1.3%. Median home value sits at $146,100 (43% below the state average), median rent at $945 a month, and owner-occupancy at 87.7%.
Educational attainment sits below the national norm: 19.0% of adults hold a bachelor's degree or higher, the median age is 43, and the average commute is 19 minutes. Beyond these figures, 1 nearby ZIP codes within about 10 miles are surfaced below, along with 4 more sharing Jackson County, letting you compare 56150 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 →
Top industries in ZIP 56150
Top 5 sectors by establishment count in Lakefield, MN
Which industries have the most business establishments in ZIP 56150.
- Construction
Construction
15 establishments
- Retail trade
Retail trade
12 establishments
- Other services (except public administration)
Other services (except public administration)
11 establishments
- Health care and social assistance
Health care and social assistance
9 establishments
- Finance and insurance
Finance and insurance
7 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, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 56150, Lakefield, 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
2,742
Population
442.3
Area (sq mi)
6
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 56150?
43.0
Median Age
50.4%
Male
49.6%
Female
1.6%
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?
$76,844
Median Household Income
-6% vs state
$37,288
Per Capita Income
9.2%
Poverty Rate
1.3%
Unemployment Rate
18.8 min
Mean Commute Time
How ZIP 56150 ranks nationally
Lakefield, MN household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$76,844 Top 42% higher than 58% 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?
1,258
Total Housing Units
1,126
Occupied Units
132
Vacant Units
2.45
Avg Household Size
Occupancy Type
$146,100
Median Home Value
-43% vs state
$945
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 81 business establishments in ZIP 56150, employing approximately 796 people with a combined annual payroll of $27,702,000.
81
Businesses
796
Employees
$27.7M
Annual Payroll
8
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 15 | 18.5% |
| Retail trade | 12 | 14.8% |
| Other services (except public administration) | 11 | 13.6% |
| Health care and social assistance | 9 | 11.1% |
| Finance and insurance | 7 | 8.6% |
| Professional, scientific, and technical services | 6 | 7.4% |
| Accommodation and food services | 6 | 7.4% |
| Wholesale trade | 4 | 4.9% |
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 56150 vs 56161 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 56161 | Okabena, MN | 400 | 7.6 mi |
More ZIP Codes in Jackson County
Related Areas
Frequently Asked Questions
What county is ZIP code 56150 in? ▼
What is the population of ZIP code 56150? ▼
What is the median household income in ZIP 56150? ▼
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What are the main industries in ZIP code 56150? ▼
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Read our methodology to see how this data is sourced, computed, and verified.