Isle, MN · standard

ZIP Code 56342

Mille Lacs County, Minnesota - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

2,739
6/sq mi Low-density area
$63,295
Median income Near-median income area
$246,500
Median home value Near-median home value
17.5%
Bachelor's or higher Below-average bachelor's attainment

National ZIP placement

Isle pairs a below-median household income with above-median home values, in a rural, homeowner-dominated area.

35th pct
household income, US ZIPs
Top 43%
home value, US ZIPs
6
people per sq mi
86%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 56342 against every reporting US ZIP.

FHFA HPI release change

What changed in the latest House Price Index year

2023 -> 2024
  • FHFA House Price Index values in ZIP 56342 (Isle, MN) rose +3.1% from 2023 to 2024. The all-transactions index moved from 213.8 in 2023 to 220.4 in 2024 (2000 = 100).

Arithmetic difference between stored FHFA all-transactions ZIP House Price Index annual values - a developmental index from repeat sales and appraisals, not a transaction median, appraisal opinion, or forecast. Thin markets can move sharply.

National HPI changes Year-pair CSV

ZIP code 56342 covers 489.1 square miles in Isle, Mille Lacs County, Minnesota (a standard USPS delivery area), with a modest 2,739 residents on file, a density of 6 people per square mile, in the Chicago time zone.

ZIP 56342 reports a modest median household income of $63,295 (23% below the average Minnesota ZIP), while per-capita income is $45,018. The poverty rate is 12.2%, with unemployment at 9.3%; those measures add context to the income figure. Median home value is $246,500 (4% below the average Minnesota ZIP) and median rent is $814; 86.0% of occupied homes are owner-occupied.

Educational attainment sits below the national norm: 17.5% of adults hold a bachelor's degree or higher, the median age is 56.9, and the average commute is 36 minutes. The page also surfaces 1 ZIP codes within roughly 10 miles and 6 more in Mille Lacs County, so 56342 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 →

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Top industries in ZIP 56342

Top 5 sectors by establishment count in Isle, MN

Which industries have the most business establishments in ZIP 56342.

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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 56342, Isle, 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

2,739

Population

489.1

Area (sq mi)

6

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 56342?

56.9

Median Age

55.1%

Male

44.9%

Female

1.0%

Foreign-Born

White 88.1%
African American 1.3%
Asian 0.2%
American Indian or Alaska Native 5.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 4.8%
Hispanic or Latino 1.1%

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?

$63,295

Median Household Income

-23% vs state ZIP avg

$45,018

Per Capita Income

12.2%

Poverty Rate

9.3%

Unemployment Rate

36.4 min

Mean Commute Time

How ZIP 56342 ranks among Minnesota ZIPs

Isle, 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)

$63,295 18th percentile higher than 18% of 864 Minnesota ZIPs

This ZIP $0 $200K+ every Minnesota ZIP, bucketed by value

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?

High School Graduate or Higher 53.7%
Bachelor's Degree or Higher 17.5%

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

What does housing look like?

2,497

Total Housing Units

1,342

Occupied Units

1,155

Vacant Units

2.07

Avg Household Size

Occupancy Type

Owner 86.0%
Renter 14.0%

$246,500

Median Home Value

-4% vs state ZIP avg

$814

Median Rent

1983

Median Year Built

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

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+3.1%

YoY Change (2024)

220

HPI Index (2000 = 100)

+120%

Total Change Since 2000

Home values in ZIP 56342 have increased 3.1% over the past year (2024). Since 2000, this ZIP has seen +120% cumulative appreciation.

Year Annual Change HPI Index
2020 +2.5% 155
2021 +12.6% 174
2022 +12.6% 196
2023 +8.9% 214
2024 +3.1% 220

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 72 business establishments in ZIP 56342, employing approximately 612 people with a combined annual payroll of $27,152,000.

72

Businesses

612

Employees

$27.2M

Annual Payroll

8

Industry Sectors

Industry Establishments % of Total
Retail trade 17 23.6%
Other services (except public administration) 10 13.9%
Accommodation and food services 9 12.5%
Manufacturing 8 11.1%
Transportation and warehousing 4 5.6%
Arts, entertainment, and recreation 4 5.6%
Construction 3 4.2%
Finance and insurance 3 4.2%

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 56342 vs 56386 →

ZIP Code City Population Distance
56386 Wahkon, MN 652 7.2 mi

Nationwide ZIPs with similar ACS profiles

Two Census-derived peer sets for ZIP 56342, both outside MN so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).

Similar population

Nearest cross-state ZIPs by resident population (2,739 here; floor ≥1,000).

Similar median household income

Nearest cross-state ZIPs by ACS median household income.

More ZIP Codes in Mille Lacs County

Frequently Asked Questions

What county is ZIP code 56342 in?

ZIP code 56342 (Isle) is located in Mille Lacs County, Minnesota. Mille Lacs County contains multiple ZIP codes, see the full list at /counties/mille-lacs-mn.

What is the population of ZIP code 56342?

ZIP code 56342 in Isle, MN has a population of 2,739 according to the Census Bureau ACS 2023 estimates.

What is the median household income in ZIP 56342?

The median household income in ZIP 56342 is $63,295, which is 17% below the national average of $76,288.

What is the average home value in ZIP 56342?

The median home value in ZIP 56342 is $246,500, which is 11% below the national average of $278,155.

What is the demographic makeup of ZIP 56342?

The largest racial group in ZIP 56342 is White at 88.1%. Hispanic or Latino residents make up 1.1% of the population.

How many businesses are in ZIP code 56342?

ZIP code 56342 has 72 business establishments employing approximately 612 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.

What are the main industries in ZIP code 56342?

The top industries by establishment count in ZIP 56342 are: Retail trade (17), Other services (except public administration) (10), Accommodation and food services (9). There are 8 industry sectors represented in total.

How have home values changed in ZIP code 56342?

According to the FHFA House Price Index, home values in ZIP 56342 increased by 3.1% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 120%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.

What is the education level in ZIP code 56342?

In ZIP code 56342, 53.7% of residents aged 25+ have a high school diploma or higher, and 17.5% 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 56342?

The mean commute time for workers in ZIP code 56342 is 36.4 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 56342?

In ZIP code 56342, approximately 86.0% of occupied housing units are owner-occupied and 14.0% are renter-occupied, based on Census ACS 2023 data.

What is the poverty rate in ZIP code 56342?

The poverty rate in ZIP code 56342 is 12.2% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP 56342's figures come from ACS 5-Year Estimates, Census ZIP Code Business Patterns, and the FHFA House Price Index. See our methodology for details.

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Read our methodology : how this data is sourced, computed, and verified.

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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.