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.
- Construction
Construction
3 establishments
- Retail trade
Retail trade
3 establishments
- Other services (except public administration)
Other services (except public administration)
3 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 + 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
Who lives in ZIP 56262?
33.5
Median Age
47.5%
Male
52.5%
Female
23.4%
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?
$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
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?
363
Total Housing Units
308
Occupied Units
55
Vacant Units
2.83
Avg Household Size
Occupancy Type
$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.
- 56208
Appleton (56208)
2,066 residents
- 56262 724
Milan (56262)
724 residents
- 56295 310
Watson (56295)
310 residents
What this shows Among its immediate neighbors, ZIP 56262 ranks #2 by population — useful context the national average alone can't give.
ZIP 56262 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 56262
Milan (56262)
$70,625 median income
- 56208
Appleton (56208)
$59,766 median income
- 56295
Watson (56295)
$44,167 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.
More ZIP Codes in Chippewa County
Related Areas
Frequently Asked Questions
What county is ZIP code 56262 in? ▼
What is the population of ZIP code 56262? ▼
What is the median household income in ZIP 56262? ▼
What is the average home value in ZIP 56262? ▼
What is the demographic makeup of ZIP 56262? ▼
How many businesses are in ZIP code 56262? ▼
What are the main industries in ZIP code 56262? ▼
What is the education level in ZIP code 56262? ▼
What is the average commute time in ZIP 56262? ▼
What percentage of residents own vs. rent in ZIP 56262? ▼
What is the poverty rate in ZIP code 56262? ▼
ZIP Code Research Guides
Official Data Resources for Milan, MN
Verify and explore additional data for this area using these official government sources.
Read our methodology to see how this data is sourced, computed, and verified.