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
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ZIP 56023 vs. Minnesota vs. U.S.
| Metric | ZIP 56023 | MN Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 518 | 6,531 | 10k |
| Median Household Income | $74k | $77k | $73k |
| Median Home Value | $119k | $223k | $258k |
| Median Rent | $730 | $954 | $1,088 |
| Median Age | 43.1 | 43.2 | 43.2 |
| Unemployment Rate | 2.1% | 4.0% | 5.0% |
| Poverty Rate | 16.3% | 9.9% | 13.3% |
| Bachelor's Degree or Higher | 14.7% | 26.4% | 26.9% |
Demographics Charts
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Nearby ZIP Codes
- 56025 – Easton
- 56098 – Winnebago
- 56013 – Blue Earth
- 56010 – Amboy
- 56068 – Minnesota Lake
- 56065 – Mapleton
- 56097 – Wells
- 56033 – Frost
- 56014 – Bricelyn
- 56090 – Vernon Center
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 |