Baudette, MN · standard

ZIP Code 56623

Lake of the Woods County, Minnesota - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

2,749
2/sq mi
$87,750
Median income
$232,800
Median home value
29.9%
Bachelor's or higher

The verdict

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

Top 29%
household income, US ZIPs
Top 47%
home value, US ZIPs
2
people per sq mi
82%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 56623 against every reporting US ZIP.

ZIP code 56623 is classified by USPS as a standard delivery area and covers roughly 1249.5 square miles in Baudette, Lake of the Woods County, Minnesota. The area is home to 2,749 residents, producing a population density of 2 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 56623 against Minnesota and the nation.

On the economic side, the median household income for ZIP 56623 sits at $87,750 (7% above the Minnesota average), while per-capita income is $50,048. The poverty rate stands at 7.1% and the unemployment rate at 1.5%. On housing, the median home value is $232,800 (9% below the state average) with median rent at $942 per month, and 81.8% of occupied units are owner-occupied, a direct signal of whether 56623 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 29.9% of adults hold a bachelor's degree or higher, the median age is 53.6, and the average commute is . Use the benchmarks above to see where 56623 sits relative to Minnesota and the national baseline rather than viewing the numbers in isolation. 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 56623

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 56623.

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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 56623, Baudette, 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

2,749

Population

1249.5

Area (sq mi)

2

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 56623?

53.6

Median Age

53.8%

Male

46.2%

Female

2.3%

Foreign-Born

White 86.6%
African American 0.4%
Asian 0.4%
American Indian or Alaska Native 0.3%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 12.1%
Hispanic or Latino 2.6%

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?

$87,750

Median Household Income

+7% vs state

$50,048

Per Capita Income

7.1%

Poverty Rate

1.5%

Unemployment Rate

How ZIP 56623 ranks nationally

Household income vs. every US ZIP code

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

$87,750 Top 29% higher than 71% 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 56.0%
Bachelor's Degree or Higher 29.9%

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

What does housing look like?

2,117

Total Housing Units

1,343

Occupied Units

774

Vacant Units

2.00

Avg Household Size

Occupancy Type

Owner 81.8%
Renter 18.2%

$232,800

Median Home Value

-9% vs state

$942

Median Rent

1990

Median Year Built

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

What businesses operate in this ZIP?

Census Bureau data shows 115 business establishments in ZIP 56623, employing approximately 1,096 people with a combined annual payroll of $80,908,000.

115

Businesses

1,096

Employees

$80.9M

Annual Payroll

14

Industry Sectors

Industry Establishments % of Total
Accommodation and food services 21 18.3%
Other services (except public administration) 18 15.7%
Retail trade 16 13.9%
Construction 7 6.1%
Health care and social assistance 7 6.1%
Arts, entertainment, and recreation 7 6.1%
Transportation and warehousing 6 5.2%
Wholesale trade 5 4.3%
Finance and insurance 5 4.3%
Real estate and rental and leasing 5 4.3%
Professional, scientific, and technical services 5 4.3%
Administrative and support and waste management and remediation services 4 3.5%
Manufacturing 3 2.6%
Information 3 2.6%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

More ZIP Codes in Lake of the Woods County

Frequently Asked Questions

What county is ZIP code 56623 in?
ZIP code 56623 (Baudette) is located in Lake of the Woods County, Minnesota. Lake of the Woods County contains multiple ZIP codes, see the full list at /counties/lake-of-the-woods-mn.
What is the population of ZIP code 56623?
ZIP code 56623 in Baudette, MN has a population of 2,749 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 56623?
The median household income in ZIP 56623 is $87,750, which is 15% above the national average of $76,288.
What is the average home value in ZIP 56623?
The median home value in ZIP 56623 is $232,800, which is 16% below the national average of $278,155.
What is the demographic makeup of ZIP 56623?
The largest racial group in ZIP 56623 is White at 86.6%. Hispanic or Latino residents make up 2.6% of the population.
How many businesses are in ZIP code 56623?
ZIP code 56623 has 115 business establishments employing approximately 1,096 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 56623?
The top industries by establishment count in ZIP 56623 are: Accommodation and food services (21), Other services (except public administration) (18), Retail trade (16). There are 14 industry sectors represented in total.
What is the education level in ZIP code 56623?
In ZIP code 56623, 56.0% of residents aged 25+ have a high school diploma or higher, and 29.9% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What percentage of residents own vs. rent in ZIP 56623?
In ZIP code 56623, approximately 81.8% of occupied housing units are owner-occupied and 18.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 56623?
The poverty rate in ZIP code 56623 is 7.1% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Baudette, MN

Verify and explore additional data for this area using these official government sources.