Milan, MN · standard

ZIP Code 56262

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

724
4/sq mi
$70,625
Median income
$110,300
Median home value
20.7%
Bachelor's or higher

The verdict

Milan pairs a below-median household income with among the most affordable home values nationally, in a rural, homeowner-dominated area.

48th pct
household income, US ZIPs
13th pct
home value, US ZIPs
4
people per sq mi
84%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 56262 against every reporting US ZIP.

ZIP code 56262 is classified by USPS as a standard delivery area and covers roughly 172.4 square miles in Milan, Chippewa County, Minnesota. The area is home to 724 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 56262 against Minnesota and the nation.

On the economic side, the median household income for ZIP 56262 sits at $70,625 (14% below the Minnesota average), while per-capita income is $35,165. The poverty rate stands at 22.1% and the unemployment rate at 15.2%. On housing, the median home value is $110,300 (57% below the state average) with median rent at $1,092 per month, and 84.4% of occupied units are owner-occupied, a direct signal of whether 56262 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 20.7% of adults hold a bachelor's degree or higher, the median age is 33.5, and the average commute is 30 minutes. We also surface 2 nearby ZIP codes within roughly 10 miles and 5 additional ZIPs sharing Chippewa County, so you can benchmark 56262 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 56262

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 56262.

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 56262, Milan, 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

724

Population

172.4

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 56262?

33.5

Median Age

47.5%

Male

52.5%

Female

23.4%

Foreign-Born

White 50.6%
African American 0.0%
Asian 0.0%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 34.7%
Two or More Ethnicities 4.2%
Hispanic or Latino 13.8%

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?

$70,625

Median Household Income

-14% vs state

$35,165

Per Capita Income

22.1%

Poverty Rate

15.2%

Unemployment Rate

29.7 min

Mean Commute Time

How ZIP 56262 ranks nationally

Household income vs. every US ZIP code

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

$70,625 48th percentile higher than 48% 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 46.9%
Bachelor's Degree or Higher 20.7%

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

What does housing look like?

363

Total Housing Units

308

Occupied Units

55

Vacant Units

2.83

Avg Household Size

Occupancy Type

Owner 84.4%
Renter 15.6%

$110,300

Median Home Value

-57% vs state

$1,092

Median Rent

1938

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 56262, employing approximately 69 people with a combined annual payroll of $3,020,000.

15

Businesses

69

Employees

$3.0M

Annual Payroll

3

Industry Sectors

Industry Establishments % of Total
Construction 3 20.0%
Retail trade 3 20.0%
Other services (except public administration) 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 56262 vs 56295 →

ZIP 56262 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 56262 ranks #2 by population — useful context the national average alone can't give.

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

ZIP 56262 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 56262 ranks the highest 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
56295 Watson, MN 310 5.5 mi
56208 Appleton, MN 2,066 11.0 mi

More ZIP Codes in Chippewa County

Frequently Asked Questions

What county is ZIP code 56262 in?
ZIP code 56262 (Milan) is located in Chippewa County, Minnesota. Chippewa County contains multiple ZIP codes, see the full list at /counties/chippewa-mn.
What is the population of ZIP code 56262?
ZIP code 56262 in Milan, MN has a population of 724 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 56262?
The median household income in ZIP 56262 is $70,625, which is 7% below the national average of $76,288.
What is the average home value in ZIP 56262?
The median home value in ZIP 56262 is $110,300, which is 60% below the national average of $278,155.
What is the demographic makeup of ZIP 56262?
The largest racial group in ZIP 56262 is White at 50.6%. Hispanic or Latino residents make up 13.8% of the population.
How many businesses are in ZIP code 56262?
ZIP code 56262 has 15 business establishments employing approximately 69 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 56262?
The top industries by establishment count in ZIP 56262 are: Construction (3), Retail trade (3), Other services (except public administration) (3). There are 3 industry sectors represented in total.
What is the education level in ZIP code 56262?
In ZIP code 56262, 46.9% of residents aged 25+ have a high school diploma or higher, and 20.7% 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 56262?
The mean commute time for workers in ZIP code 56262 is 29.7 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 56262?
In ZIP code 56262, approximately 84.4% of occupied housing units are owner-occupied and 15.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 56262?
The poverty rate in ZIP code 56262 is 22.1% 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 Milan, MN

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