56115 ZIP Code – Balaton, Minnesota
56115 is a ZIP code serving Balaton, Minnesota in Lyon County with a population of approximately 1,290 residents. Residents earn a median household income of $65,455, which is below the Minnesota average and near the national figure. At $202,600, median home values run below the national average, with 79.6% owner-occupied housing (decreasing). , and the median rent of $964 is near the national average. Housing consists of 95% single-family (decreasing).
Unemployment stands at 3.4%, which is below the U.S. rate. The poverty rate of 8.4% is below the U.S. average. Bachelor's degree attainment is 28.4%, near the national average. At 40.9, the median age is near the national figure. The surrounding area includes ZIP codes 56132, 56169, 56170.
ZIP Code 56115 Data
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ZIP 56115 vs. Minnesota vs. U.S.
| Metric | ZIP 56115 | MN Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 1,290 | 6,531 | 10k |
| Median Household Income | $65k | $77k | $73k |
| Median Home Value | $202k | $223k | $258k |
| Median Rent | $964 | $954 | $1,088 |
| Median Age | 40.9 | 43.2 | 43.2 |
| Unemployment Rate | 3.4% | 4.0% | 5.0% |
| Poverty Rate | 8.4% | 9.9% | 13.3% |
| Bachelor's Degree or Higher | 28.4% | 26.4% | 26.9% |
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Nearby ZIP Codes
- 56132 – Garvin
- 56169 – Russell
- 56170 – Ruthton
- 56178 – Tyler
- 56151 – Lake Wilson
- 56157 – Lynd
- 56175 – Tracy
- 56172 – Slayton
- 56139 – Holland
- 56186 – Woodstock
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 56132 | GARVIN | 464 | $64,750 |
| 56169 | RUSSELL | 683 | $79,643 |
| 56170 | RUTHTON | 502 | $52,750 |
| 56178 | TYLER | 1,733 | $75,982 |
| 56151 | LAKE WILSON | 645 | $79,091 |