ZIP Code 56240

ZIP code 56240 is classified by USPS as a standard delivery area and covers roughly 385.9 square miles in Graceville, Big Stone County, Minnesota. The area is home to 1,042 residents, producing a population density of 3 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 56240 against Minnesota and the nation.

On the economic side, the median household income for ZIP 56240 sits at $76,500 (7% below the Minnesota average), while per-capita income is $44,764. The poverty rate stands at 17.3% and the unemployment rate at 2.8%. On housing, the median home value is $153,400 (40% below the state average) with median rent at $739 per month, and 65.8% of occupied units are owner-occupied, a direct signal of whether 56240 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 16.0% of adults hold a bachelor's degree or higher, the median age is 48.8, and the average commute is —. We also surface 3 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Big Stone County, so you can benchmark 56240 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 →