Royalton, MN · standard
ZIP Code 56373
Morrison County, Minnesota — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 3,051
- 12/sq mi
- $91,192
- Median income
- $302,900
- Median home value
- 19.4%
- Bachelor's or higher
The verdict
Royalton pairs an above-median household income with above-median home values, in a rural, homeowner-dominated area.
- Top 26%
- household income, US ZIPs
- Top 33%
- home value, US ZIPs
- 12
- people per sq mi
- 83%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 56373 against every reporting US ZIP.
ZIP code 56373 is classified by USPS as a standard delivery area and covers roughly 260.8 square miles in Royalton, Morrison County, Minnesota. The area is home to 3,051 residents, producing a population density of 12 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 56373 against Minnesota and the nation.
On the economic side, the median household income for ZIP 56373 sits at $91,192 (11% above the Minnesota average), while per-capita income is $44,926. The poverty rate stands at 12.5% and the unemployment rate at 5.9%. On housing, the median home value is $302,900 (18% above the state average) with median rent at $641 per month, and 83.3% of occupied units are owner-occupied, a direct signal of whether 56373 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 19.4% of adults hold a bachelor's degree or higher, the median age is 39.5, and the average commute is 31 minutes. We also surface 2 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Morrison County, so you can benchmark 56373 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 56373
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 56373.
- Construction
Construction
15 establishments
- Retail trade
Retail trade
9 establishments
- Administrative and support and waste management and remediation services
Administrative and support and waste management and remediation services
8 establishments
- Other services (except public administration)
Other services (except public administration)
8 establishments
- Manufacturing 5
Manufacturing
5 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 56373, Royalton, 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
3,051
Population
260.8
Area (sq mi)
12
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 56373?
39.5
Median Age
54.3%
Male
45.7%
Female
0.6%
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?
$91,192
Median Household Income
+11% vs state
$44,926
Per Capita Income
12.5%
Poverty Rate
5.9%
Unemployment Rate
31.2 min
Mean Commute Time
How ZIP 56373 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$91,192 Top 26% higher than 74% 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?
1,365
Total Housing Units
1,317
Occupied Units
48
Vacant Units
2.51
Avg Household Size
Occupancy Type
$302,900
Median Home Value
+18% vs state
$641
Median Rent
1990
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
+16.4%
YoY Change (2024)
259
HPI Index (2000 = 100)
+159%
Total Change Since 2000
Home values in ZIP 56373 have increased 16.4% over the past year (2024). Since 2000, this ZIP has seen +159% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +4.1% | 180 |
| 2021 | +7.3% | 193 |
| 2022 | +20.5% | 232 |
| 2023 | -4.3% | 222 |
| 2024 | +16.4% | 259 |
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 56373, employing approximately 482 people with a combined annual payroll of $20,083,000.
72
Businesses
482
Employees
$20.1M
Annual Payroll
10
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 15 | 20.8% |
| Retail trade | 9 | 12.5% |
| Administrative and support and waste management and remediation services | 8 | 11.1% |
| Other services (except public administration) | 8 | 11.1% |
| Manufacturing | 5 | 6.9% |
| Wholesale trade | 5 | 6.9% |
| Health care and social assistance | 5 | 6.9% |
| Accommodation and food services | 5 | 6.9% |
| Transportation and warehousing | 4 | 5.6% |
| Professional, scientific, and technical services | 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 56373 vs 56367 →
ZIP 56373 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 56345
Little Falls (56345)
14,786 residents
- 56367
Rice (56367)
6,263 residents
- 56373 3,051
Royalton (56373)
3,051 residents
What this shows Among its immediate neighbors, ZIP 56373 ranks #3 by population — useful context the national average alone can't give.
ZIP 56373 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 56367
Rice (56367)
$101,771 median income
- 56373
Royalton (56373)
$91,192 median income
- 56345
Little Falls (56345)
$60,676 median income
What this shows By household income, ZIP 56373 ranks #2 of 3 neighboring ZIPs — local affluence varies block to block, not just metro to metro.
More ZIP Codes in Morrison County
Related Areas
Frequently Asked Questions
What county is ZIP code 56373 in? ▼
What is the population of ZIP code 56373? ▼
What is the median household income in ZIP 56373? ▼
What is the average home value in ZIP 56373? ▼
What is the demographic makeup of ZIP 56373? ▼
How many businesses are in ZIP code 56373? ▼
What are the main industries in ZIP code 56373? ▼
How have home values changed in ZIP code 56373? ▼
What is the education level in ZIP code 56373? ▼
What is the average commute time in ZIP 56373? ▼
What percentage of residents own vs. rent in ZIP 56373? ▼
What is the poverty rate in ZIP code 56373? ▼
ZIP Code Research Guides
Official Data Resources for Royalton, 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.