56229 ZIP Code – Cottonwood, Minnesota
56229 is a small ZIP code in Cottonwood, Minnesota, part of Lyon County with a population of approximately 1,743 residents. At $93,194, the median household income here runs above the Minnesota average and above the U.S. average. Median home values of $189,400 are below the national average, with 83.6% owner-occupied housing (increasing). ; median rent of $704 is similarly below the national average. Housing consists of 87% single-family (increasing), 8% apartments (decreasing).
The unemployment rate is 6.3%, above the national average. About 7.0% of residents live below the poverty line, well below the national rate. About 26.8% of residents have completed a four-year degree, near the national rate. The median age is 41.5, near the national median. Nearby ZIP codes include 56245, 56297, 56258.
ZIP Code 56229 Data
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ZIP 56229 vs. Minnesota vs. U.S.
| Metric | ZIP 56229 | MN Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 1,743 | 6,531 | 10k |
| Median Household Income | $93k | $77k | $73k |
| Median Home Value | $189k | $223k | $258k |
| Median Rent | $704 | $954 | $1,088 |
| Median Age | 41.5 | 43.2 | 43.2 |
| Unemployment Rate | 6.3% | 4.0% | 5.0% |
| Poverty Rate | 7.0% | 9.9% | 13.3% |
| Bachelor's Degree or Higher | 26.8% | 26.4% | 26.9% |
Demographics Charts
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Nearby ZIP Codes
- 56245 – Hanley Falls
- 56297 – Wood Lake
- 56258 – Marshall
- 56239 – Ghent
- 56223 – Clarkfield
- 56264 – Minneota
- 56237 – Echo
- 56292 – Vesta
- 56263 – Milroy
- 56241 – Granite Falls
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 56245 | HANLEY FALLS | 534 | $82,000 |
| 56297 | WOOD LAKE | 836 | $81,875 |
| 56258 | MARSHALL | 15,593 | $65,903 |
| 56239 | GHENT | 608 | $87,083 |
| 56223 | CLARKFIELD | 1,514 | $66,354 |