56023 ZIP Code – Delavan, Minnesota

56023 is a small ZIP code in Delavan, Minnesota, part of Faribault County with a population of approximately 518 residents. The median household income is $74,531 — near the Minnesota average and near the national average. At $119,000, median home values run well below the national average, with 90.5% owner-occupied housing (increasing). , with median rent coming in at $730 — below the national figure. Housing consists of 99% single-family (increasing).

Unemployment stands at 2.1%, which is well below the U.S. rate. About 16.3% of residents live below the poverty line, above the national rate. Bachelor's degree attainment is 14.7%, well below the national average. The population has a median age of 43.1, near the national median. Neighboring ZIP codes include 56025, 56098, 56013.

ZIP Code 56023 Data

Population 518
Median Household Income $74,531
Median Home Value $119,000
Median Rent $730
Median Age 43.1
Unemployment Rate 2.1%
Poverty Rate 16.3%
Bachelor's Degree or Higher 14.7%
State Minnesota

ZIP 56023 vs. Minnesota vs. U.S.

MetricZIP 56023MN Avg.U.S. Avg.
Population5186,53110k
Median Household Income$74k$77k$73k
Median Home Value$119k$223k$258k
Median Rent$730$954$1,088
Median Age43.143.243.2
Unemployment Rate2.1%4.0%5.0%
Poverty Rate16.3%9.9%13.3%
Bachelor's Degree or Higher14.7%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
56025 EASTON 487 $85,833
56098 WINNEBAGO 1,964 $69,091
56013 BLUE EARTH 4,469 $68,324
56010 AMBOY 1,058 $80,556
56068 MINNESOTA LAKE 984 $73,229