56063 ZIP Code – Madison Lake, Minnesota

56063 is a small ZIP code in Madison Lake, Minnesota, part of Blue Earth County with a population of approximately 3,062 residents. Residents earn a median household income of $109,139, which is above the Minnesota average and above the national figure. Median home values of $370,600 are above the national average, with 82.4% owner-occupied housing (decreasing). ; median rent of $944 is similarly near the national average. Housing consists of 89% single-family (increasing), 6% apartments (increasing).

At 4.2%, the unemployment rate is below the national figure. About 5.0% of residents live below the poverty line, well below the national rate. An estimated 39.5% of adults hold a bachelor's degree or higher, above the national average. The median age is 43.8, near the national median. Nearby ZIP codes include 56024, 56028, 56017.

ZIP Code 56063 Data

Population 3,062
Median Household Income $109,139
Median Home Value $370,600
Median Rent $944
Median Age 43.8
Unemployment Rate 4.2%
Poverty Rate 5.0%
Bachelor's Degree or Higher 39.5%
State Minnesota

ZIP 56063 vs. Minnesota vs. U.S.

MetricZIP 56063MN Avg.U.S. Avg.
Population3,0626,53110k
Median Household Income$109k$77k$73k
Median Home Value$370k$223k$258k
Median Rent$944$954$1,088
Median Age43.843.243.2
Unemployment Rate4.2%4.0%5.0%
Poverty Rate5.0%9.9%13.3%
Bachelor's Degree or Higher39.5%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
56024 EAGLE LAKE 3,559 $87,227
56028 ELYSIAN 1,042 $91,786
56017 CLEVELAND 1,851 $94,125
56050 KASOTA 1,435 $80,250
56080 SAINT CLAIR 762 $97,717