Hanley Falls, MN · standard
ZIP Code 56245
Yellow Medicine County, Minnesota - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 535
- 4/sq mi Low-density area
- $84,583
- Median income Above-median income area
- $148,200
- Median home value Below-median home value
- 10.0%
- Bachelor's or higher Below-average bachelor's attainment
National ZIP placement
Hanley Falls pairs an above-median household income with below-median home values, in a rural, homeowner-dominated area.
- Top 33%
- household income, US ZIPs
- 25th pct
- home value, US ZIPs
- 4
- people per sq mi
- 71%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 56245 against every reporting US ZIP.
ZIP code 56245 is a sparsely populated ZIP (a standard USPS delivery area) in Hanley Falls, Yellow Medicine County, Minnesota, home to just 535 residents across 121.6 square miles, a density of 4 people per square mile, in the Chicago time zone.
ZIP 56245 lands in the middle-income range, with a median household income of $84,583 (3% above the average Minnesota ZIP), while per-capita income is $41,362. Both reported hardship measures are comparatively low in absolute terms: poverty is 7.0% and unemployment is 0.4%. Home values sit below the statewide ZIP benchmark: the median is $148,200 (42% below the average Minnesota ZIP), and median rent is $630; owner occupancy is 71.0%.
Formal educational attainment runs low here: just 10.0% of adults hold a bachelor's degree or higher, the median age is 40.6, and the average commute is -. The page also surfaces 4 ZIP codes within roughly 10 miles and 6 more in Yellow Medicine County, so 56245 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 56245, Hanley Falls, 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
535
Population
121.6
Area (sq mi)
4
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 56245?
40.6
Median Age
61.2%
Male
38.8%
Female
2.7%
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?
$84,583
Median Household Income
+3% vs state ZIP avg
$41,362
Per Capita Income
7.0%
Poverty Rate
0.4%
Unemployment Rate
How ZIP 56245 ranks among Minnesota ZIPs
Hanley Falls, 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)
$84,583 Top 38% higher than 62% 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
221housing units
221
Total Housing Units
193
Occupied Units
28
Vacant Units
2.28
Avg Household Size
Occupancy Type
$148,200
Median Home Value
-42% vs state ZIP avg
$630
Median Rent
1962
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What businesses operate in this ZIP?
Census Bureau data shows 15 business establishments in ZIP 56245, employing approximately 91 people with a combined annual payroll of $4,530,000.
15
Businesses
91
Employees
$4.5M
Annual Payroll
2
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Other services (except public administration) | 4 | 26.7% |
| Retail trade | 3 | 20.0% |
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 56245 vs 56229 →
ZIP 56245 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 56241
Granite Falls (56241)
4,166 residents
- 56229
Cottonwood (56229)
1,871 residents
- 56223 1,408
Clarkfield (56223)
1,408 residents
- 56297 867
Wood Lake (56297)
867 residents
- 56245 535
Hanley Falls (56245)
535 residents
What this shows Among its immediate neighbors, ZIP 56245 ranks #5 by population - useful context the national average alone can't give.
ZIP 56245 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 56229
Cottonwood (56229)
$104,375 median income
- 56245
Hanley Falls (56245)
$84,583 median income
- 56297
Wood Lake (56297)
$82,250 median income
- 56223
Clarkfield (56223)
$71,667 median income
- 56241
Granite Falls (56241)
$66,875 median income
What this shows By household income, ZIP 56245 ranks #2 of 5 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 56245, both outside MN so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Yellow Medicine County
Related Areas
Frequently Asked Questions
What county is ZIP code 56245 in?
ZIP code 56245 (Hanley Falls) is located in Yellow Medicine County, Minnesota. Yellow Medicine County contains multiple ZIP codes, see the full list at /counties/yellow-medicine-mn.
What is the population of ZIP code 56245?
ZIP code 56245 in Hanley Falls, MN has a population of 535 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 56245?
The median household income in ZIP 56245 is $84,583, which is 11% above the national average of $76,288.
What is the average home value in ZIP 56245?
The median home value in ZIP 56245 is $148,200, which is 47% below the national average of $278,155.
What is the demographic makeup of ZIP 56245?
The largest racial group in ZIP 56245 is White at 82.8%. Hispanic or Latino residents make up 8.4% of the population.
How many businesses are in ZIP code 56245?
ZIP code 56245 has 15 business establishments employing approximately 91 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What is the education level in ZIP code 56245?
In ZIP code 56245, 45.4% of residents aged 25+ have a high school diploma or higher, and 10.0% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What percentage of residents own vs. rent in ZIP 56245?
In ZIP code 56245, approximately 71.0% of occupied housing units are owner-occupied and 29.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 56245?
The poverty rate in ZIP code 56245 is 7.0% 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 56245's numbers, next.
- See how ZIP 56245 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Hanley Falls, 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.