56054 ZIP Code – Lafayette, Minnesota

56054 is a small ZIP code in Lafayette, Minnesota, part of Nicollet County with a population of approximately 1,005 residents. At $90,000, the median household income here runs above the Minnesota average and above the U.S. average. Median home values of $182,100 are below the national average, with 89.3% owner-occupied housing (decreasing). . Median rent is $845, which is below the U.S. average. Housing consists of 92% single-family (increasing).

An estimated 2.3% of the population falls below the poverty line, well below the national figure. About 25.3% of residents have completed a four-year degree, near the national rate. At 43.2, the median age is near the national figure. ZIP codes in the surrounding area include 55396, 56073, 55334.

ZIP Code 56054 Data

Population 1,005
Median Household Income $90,000
Median Home Value $182,100
Median Rent $845
Median Age 43.2
Unemployment Rate 0.0%
Poverty Rate 2.3%
Bachelor's Degree or Higher 25.3%
State Minnesota

ZIP 56054 vs. Minnesota vs. U.S.

MetricZIP 56054MN Avg.U.S. Avg.
Population1,0056,53110k
Median Household Income$90k$77k$73k
Median Home Value$182k$223k$258k
Median Rent$845$954$1,088
Median Age43.243.243.2
Unemployment Rate0.0%4.0%5.0%
Poverty Rate2.3%9.9%13.3%
Bachelor's Degree or Higher25.3%26.4%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
55396 WINTHROP 2,135 $67,941
56073 NEW ULM 17,418 $67,047
55334 GAYLORD 2,754 $73,625
55335 GIBBON 1,617 $52,039
56021 COURTLAND 1,091 $100,417