56245 ZIP Code – Hanley Falls, Minnesota

56245 is a small ZIP code in Hanley Falls, Minnesota, part of Yellow Medicine County with a population of approximately 534 residents. The median household income of $82,000 is near the Minnesota average and near the national average. The median home value of $95,000 is well below the national average, with 71.0% owner-occupied housing (decreasing). , and the median rent of $770 is below the national average. Housing consists of 80% single-family (decreasing), 15% apartments (increasing).

Unemployment stands at 2.0%, which is well below the U.S. rate. The poverty rate is 9.4%, below the national average. About 12.1% of residents have completed a four-year degree, well below the national rate. Residents have a median age of 36.5, below the U.S. median. Neighboring ZIP codes include 56229, 56297, 56223.

ZIP Code 56245 Data

Population 534
Median Household Income $82,000
Median Home Value $95,000
Median Rent $770
Median Age 36.5
Unemployment Rate 2.0%
Poverty Rate 9.4%
Bachelor's Degree or Higher 12.1%
State Minnesota

ZIP 56245 vs. Minnesota vs. U.S.

MetricZIP 56245MN Avg.U.S. Avg.
Population5346,53110k
Median Household Income$82k$77k$73k
Median Home Value$95k$223k$258k
Median Rent$770$954$1,088
Median Age36.543.243.2
Unemployment Rate2.0%4.0%5.0%
Poverty Rate9.4%9.9%13.3%
Bachelor's Degree or Higher12.1%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
56229 COTTONWOOD 1,743 $93,194
56297 WOOD LAKE 836 $81,875
56223 CLARKFIELD 1,514 $66,354
56241 GRANITE FALLS 3,696 $64,128
56237 ECHO 537 $66,786