56263 ZIP Code – Milroy, Minnesota
Located in Milroy, Minnesota, ZIP code 56263 is a very small ZIP code within Redwood County with a population of approximately 486 residents. At $69,063, the median household income here runs near the Minnesota average and near the U.S. average. Homes in this ZIP code have a median value of $160,700, below the national average, with 92.4% owner-occupied housing (increasing). . Median rent is $495, which is well below the U.S. average. Housing consists of 95% single-family (increasing).
The area reports an unemployment rate of 6.0%, above the national average. About 10.4% of residents live below the poverty line, below the national rate. About 22.0% of residents have completed a four-year degree, below the national rate. The median age is 39.4, near the national median. Nearby ZIP codes include 56255, 56292, 56258.
ZIP Code 56263 Data
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ZIP 56263 vs. Minnesota vs. U.S.
| Metric | ZIP 56263 | MN Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 486 | 6,531 | 10k |
| Median Household Income | $69k | $77k | $73k |
| Median Home Value | $160k | $223k | $258k |
| Median Rent | $495 | $954 | $1,088 |
| Median Age | 39.4 | 43.2 | 43.2 |
| Unemployment Rate | 6.0% | 4.0% | 5.0% |
| Poverty Rate | 10.4% | 9.9% | 13.3% |
| Bachelor's Degree or Higher | 22.0% | 26.4% | 26.9% |
Demographics Charts
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Nearby ZIP Codes
- 56255 – Lucan
- 56292 – Vesta
- 56258 – Marshall
- 56287 – Seaforth
- 56175 – Tracy
- 56180 – Walnut Grove
- 56293 – Wabasso
- 56297 – Wood Lake
- 56237 – Echo
- 56229 – Cottonwood
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 56255 | LUCAN | 381 | $67,955 |
| 56292 | VESTA | 591 | $70,000 |
| 56258 | MARSHALL | 15,593 | $65,903 |
| 56287 | SEAFORTH | 100 | $58,750 |
| 56175 | TRACY | 2,964 | $69,875 |