56262 ZIP Code – Milan, Minnesota
56262 is a ZIP code serving Milan, Minnesota in Chippewa County with a population of approximately 693 residents. Residents earn a median household income of $80,625, which is near the Minnesota average and near the national figure. Median home values of $102,500 are well below the national average, with 84.4% owner-occupied housing (increasing). . Median rent is $638, which is well below the U.S. average. Housing consists of 94% single-family (increasing).
Unemployment stands at 10.0%, which is well above the U.S. rate. About 21.4% of residents live below the poverty line, well above the national rate. About 21.7% of residents have completed a four-year degree, below the national rate. At 36.6, the median age is below the national figure. Neighboring ZIP codes include 56295, 56208, 56265.
ZIP Code 56262 Data
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ZIP 56262 vs. Minnesota vs. U.S.
| Metric | ZIP 56262 | MN Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 693 | 6,531 | 10k |
| Median Household Income | $80k | $77k | $73k |
| Median Home Value | $102k | $223k | $258k |
| Median Rent | $638 | $954 | $1,088 |
| Median Age | 36.6 | 43.2 | 43.2 |
| Unemployment Rate | 10.0% | 4.0% | 5.0% |
| Poverty Rate | 21.4% | 9.9% | 13.3% |
| Bachelor's Degree or Higher | 21.7% | 26.4% | 26.9% |
Demographics Charts
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Education Level (adults 25+)
Nearby ZIP Codes
- 56295 – Watson
- 56208 – Appleton
- 56265 – Montevideo
- 56231 – Danvers
- 56249 – Holloway
- 56232 – Dawson
- 56256 – Madison
- 56227 – Correll
- 56215 – Benson
- 56218 – Boyd
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 56295 | WATSON | 323 | $63,750 |
| 56208 | APPLETON | 2,089 | $53,750 |
| 56265 | MONTEVIDEO | 7,666 | $60,885 |
| 56231 | DANVERS | 355 | $107,500 |
| 56249 | HOLLOWAY | 283 | $68,594 |