56373 ZIP Code – Royalton, Minnesota

56373 is a small ZIP code in Royalton, Minnesota, part of Morrison County with a population of approximately 3,240 residents. The median household income of $81,920 is near the Minnesota average and near the national average. Median home values of $249,900 are near the national average, with 83.3% owner-occupied housing (increasing). , and the median rent of $704 is below the national average. Housing consists of 85% single-family (decreasing), 6% apartments (increasing).

The area reports an unemployment rate of 4.0%, below the national average. About 8.9% of residents live below the poverty line, below the national rate. About 19.1% of residents have completed a four-year degree, below the national rate. Residents have a median age of 38.8, near the U.S. median. Neighboring ZIP codes include 56367, 56314, 56375.

ZIP Code 56373 Data

Population 3,240
Median Household Income $81,920
Median Home Value $249,900
Median Rent $704
Median Age 38.8
Unemployment Rate 4.0%
Poverty Rate 8.9%
Bachelor's Degree or Higher 19.1%
State Minnesota

ZIP 56373 vs. Minnesota vs. U.S.

MetricZIP 56373MN Avg.U.S. Avg.
Population3,2406,53110k
Median Household Income$81k$77k$73k
Median Home Value$249k$223k$258k
Median Rent$704$954$1,088
Median Age38.843.243.2
Unemployment Rate4.0%4.0%5.0%
Poverty Rate8.9%9.9%13.3%
Bachelor's Degree or Higher19.1%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
56367 RICE 7,046 $94,189
56314 BOWLUS 1,371 $78,750
56375 SAINT STEPHEN 782 $91,250
56340 HOLDINGFORD 2,294 $88,176
56345 LITTLE FALLS 15,121 $57,639