Milroy, MN · standard
ZIP Code 56263
Redwood County, Minnesota — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 541
- 4/sq mi
- $73,636
- Median income
- $169,200
- Median home value
- 21.5%
- Bachelor's or higher
The verdict
Milroy pairs an above-median household income with below-median home values, in a rural, homeowner-dominated area.
- Top 47%
- household income, US ZIPs
- 34th pct
- home value, US ZIPs
- 4
- people per sq mi
- 92%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 56263 against every reporting US ZIP.
ZIP code 56263 is classified by USPS as a standard delivery area and covers roughly 128.8 square miles in Milroy, Redwood County, Minnesota. The area is home to 541 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 56263 against Minnesota and the nation.
On the economic side, the median household income for ZIP 56263 sits at $73,636 (10% below the Minnesota average), while per-capita income is $41,734. The poverty rate stands at 11.2% and the unemployment rate at 6.6%. On housing, the median home value is $169,200 (34% below the state average) with median rent at $567 per month, and 92.4% of occupied units are owner-occupied, a direct signal of whether 56263 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 21.5% of adults hold a bachelor's degree or higher, the median age is 39, and the average commute is —. We also surface 2 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Redwood County, so you can benchmark 56263 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 →
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 56263, Milroy, 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
541
Population
128.8
Area (sq mi)
4
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 56263?
39.0
Median Age
52.7%
Male
47.3%
Female
0.0%
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?
$73,636
Median Household Income
-10% vs state
$41,734
Per Capita Income
11.2%
Poverty Rate
6.6%
Unemployment Rate
How ZIP 56263 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$73,636 Top 47% higher than 53% 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?
197
Total Housing Units
184
Occupied Units
13
Vacant Units
2.42
Avg Household Size
Occupancy Type
$169,200
Median Home Value
-34% vs state
$567
Median Rent
1961
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What businesses operate in this ZIP?
Census Bureau data shows 9 business establishments in ZIP 56263, employing approximately 34 people with a combined annual payroll of $1,414,000.
9
Businesses
34
Employees
$1.4M
Annual Payroll
1
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 5 | 55.6% |
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 56263 vs 56255 →
ZIP 56263 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 56292
Vesta (56292)
636 residents
- 56263
Milroy (56263)
541 residents
- 56255
Lucan (56255)
394 residents
What this shows Among its immediate neighbors, ZIP 56263 ranks #2 by population — useful context the national average alone can't give.
ZIP 56263 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 56263
Milroy (56263)
$73,636 median income
- 56292
Vesta (56292)
$68,523 median income
- 56255
Lucan (56255)
$66,667 median income
What this shows By household income, ZIP 56263 ranks the highest of 3 neighboring ZIPs — local affluence varies block to block, not just metro to metro.
More ZIP Codes in Redwood County
Related Areas
Frequently Asked Questions
What county is ZIP code 56263 in? ▼
What is the population of ZIP code 56263? ▼
What is the median household income in ZIP 56263? ▼
What is the average home value in ZIP 56263? ▼
What is the demographic makeup of ZIP 56263? ▼
How many businesses are in ZIP code 56263? ▼
What is the education level in ZIP code 56263? ▼
What percentage of residents own vs. rent in ZIP 56263? ▼
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ZIP Code Research Guides
Official Data Resources for Milroy, 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.