PlainZIP

Richmond, MN · standard

ZIP Code 56368

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

4,239
24/sq mi
$97,407
Median income
$321,100
Median home value
22.0%
Bachelor's or higher

The verdict

Richmond pairs an upper-quartile household income with above-median home values, in a rural, homeowner-dominated area.

Top 21%
household income, US ZIPs
Top 30%
home value, US ZIPs
24
people per sq mi
90%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 56368 against every reporting US ZIP.

ZIP code 56368 covers 178.9 square miles in Richmond, Stearns County, Minnesota (a standard USPS delivery area), with a modest 4,239 residents on file, a density of 24 people per square mile, in the Chicago time zone.

ZIP 56368 lands in the middle-income range, with a median household income of $97,407 (19% above the Minnesota average), while per-capita income is $43,336. 5.4% of residents live below the poverty line, and the unemployment rate reads 2.8%. Housing costs here run $321,100 for a typical home value (26% above the state average), with rent averaging $934 a month; 89.8% of homes are owner-occupied.

Educational attainment sits below the national norm: 22.0% of adults hold a bachelor's degree or higher, the median age is 45.1, and the average commute is 25 minutes. Beyond these figures, 5 nearby ZIP codes within about 10 miles are surfaced below, along with 6 more sharing Stearns County, letting you compare 56368 to its immediate surroundings rather than a national baseline alone.

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 →

Top industries in ZIP 56368

Top 5 sectors by establishment count in Richmond, MN

Which industries have the most business establishments in ZIP 56368.

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 56368, Richmond, 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

4,239

Population

178.9

Area (sq mi)

24

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 56368?

45.1

Median Age

52.1%

Male

47.9%

Female

0.9%

Foreign-Born

White 93.7%
African American 0.0%
Asian 0.4%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 3.6%
Hispanic or Latino 3.1%

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?

$97,407

Median Household Income

+19% vs state

$43,336

Per Capita Income

5.4%

Poverty Rate

2.8%

Unemployment Rate

25.4 min

Mean Commute Time

How ZIP 56368 ranks nationally

Richmond, MN household income vs. every US ZIP code

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

$97,407 Top 21% higher than 79% 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%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). This entry sits in this band. $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 59.5%
Bachelor's Degree or Higher 22.0%

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

What does housing look like?

2,327

Total Housing Units

1,674

Occupied Units

653

Vacant Units

2.54

Avg Household Size

Occupancy Type

Owner 89.8%
Renter 10.2%

$321,100

Median Home Value

+26% vs state

$934

Median Rent

1981

Median Year Built

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

How have home values changed over time?

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

-2.8%

YoY Change (2024)

292

HPI Index (2000 = 100)

+192%

Total Change Since 2000

Home values in ZIP 56368 have decreased 2.8% over the past year (2024). Since 2000, this ZIP has seen +192% cumulative appreciation.

Year Annual Change HPI Index
2020 +4.0% 201
2021 +8.6% 219
2022 +18.4% 259
2023 +15.9% 300
2024 -2.8% 292

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 124 business establishments in ZIP 56368, employing approximately 700 people with a combined annual payroll of $25,700,000.

124

Businesses

700

Employees

$25.7M

Annual Payroll

11

Industry Sectors

Industry Establishments % of Total
Construction 34 27.4%
Retail trade 16 12.9%
Accommodation and food services 14 11.3%
Other services (except public administration) 12 9.7%
Health care and social assistance 10 8.1%
Manufacturing 9 7.3%
Administrative and support and waste management and remediation services 7 5.7%
Finance and insurance 6 4.8%
Real estate and rental and leasing 5 4.0%
Transportation and warehousing 4 3.2%
Professional, scientific, and technical services 4 3.2%

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 56368 vs 56371 →

ZIP 56368 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 56368 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 56368 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 56368 ranks the highest of 5 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
56371 Roscoe, MN 99 4.9 mi
56320 Cold Spring, MN 8,080 5.9 mi
55329 Eden Valley, MN 2,118 10.0 mi
56376 Saint Martin, MN 358 7.8 mi
56321 Collegeville, MN 1,536 11.3 mi

More ZIP Codes in Stearns County

56301 standard
Saint Cloud, MN
Pop: 32,434
56303 standard
Saint Cloud, MN
Pop: 25,984
56377 standard
Sartell, MN
Pop: 17,648
56374 standard
Saint Joseph, MN
Pop: 9,868
56320 standard
Cold Spring, MN
Pop: 8,080
56378 standard
Sauk Centre, MN
Pop: 7,778

Related Areas

Stearns County Richmond, MN Minnesota

Frequently Asked Questions

What county is ZIP code 56368 in? ▼
ZIP code 56368 (Richmond) is located in Stearns County, Minnesota. Stearns County contains multiple ZIP codes, see the full list at /counties/stearns-mn.
What is the population of ZIP code 56368? ▼
ZIP code 56368 in Richmond, MN has a population of 4,239 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 56368? ▼
The median household income in ZIP 56368 is $97,407, which is 28% above the national average of $76,288.
What is the average home value in ZIP 56368? ▼
The median home value in ZIP 56368 is $321,100, which is 15% above the national average of $278,155.
What is the demographic makeup of ZIP 56368? ▼
The largest racial group in ZIP 56368 is White at 93.7%. Hispanic or Latino residents make up 3.1% of the population.
How many businesses are in ZIP code 56368? ▼
ZIP code 56368 has 124 business establishments employing approximately 700 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 56368? ▼
The top industries by establishment count in ZIP 56368 are: Construction (34), Retail trade (16), Accommodation and food services (14). There are 11 industry sectors represented in total.
How have home values changed in ZIP code 56368? ▼
According to the FHFA House Price Index, home values in ZIP 56368 decreased by 2.8% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 192%. 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 56368? ▼
In ZIP code 56368, 59.5% of residents aged 25+ have a high school diploma or higher, and 22.0% 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 56368? ▼
The mean commute time for workers in ZIP code 56368 is 25.4 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 56368? ▼
In ZIP code 56368, approximately 89.8% of occupied housing units are owner-occupied and 10.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 56368? ▼
The poverty rate in ZIP code 56368 is 5.4% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

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