| ZIP Code | 56003 |
|---|---|
| City | Mankato |
| State | Minnesota (MN) |
| County | Nicollet County |
| Area Code | 507/924 |
| Elevation | 986 ft |
| Latitude | 44.219273 |
|---|---|
| Longitude | -94.090329 |
| Timezone | Chicago (DST) |
| FIPS | 27103 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 38.6 yrs ↑ 2% since 2019 |
|---|---|
| Avg Household Size | 2.38 |
| Below Poverty | 7.2% ▼ 29% below avg |
| College Grads | 58.0% ▲ 50% above avg |
| Unemployment | 1.7% ▼ 65% below avg |
| No HS Diploma | 10 (0.1%) |
| HS Graduate | 2,073 (21.1%) |
| Some College | 867 (8.8%) |
| Associates | 1,173 (12%) |
| Bachelors | 1,585 (16.1%) |
| Graduate Degree | 4,107 (41.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $80,587 ≈ Avg ↑ 15% since 2019 |
|---|---|
| Median Home Value | $260,800 ≈ Avg ↑ 31% since 2019 |
| Home/Income Ratio | 3.2x (nat avg ~3.5x) |
| Median Rent | $920/mo ↑ 12% since 2019 |
| Total Units | 6,543 |
| Vacant Units | 160 |
| Avg HH Size | 2.38 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 6,543 |
|---|---|
| Vacant | 160 |
| Owner Occupied | 74.1% |
| Renter Occupied | 25.9% |
| Avg HH Size | 2.38 |
ZIP code 56003 is located in Mankato, Minnesota, within Nicollet County. With a population of 15,319, this is a moderately populated ZIP code with a middle-aged community — the median age is 38.6 years. Economically, 56003 is a middle-income ZIP code: the median household income of $80,587 is near the national average.
Real estate in ZIP code 56003 represents a mid-range housing market. The median home value of $260,800 is near the national average. Renters can expect to pay around $920 per month in median rent. Homeownership is strong here — 74.1% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 31% since 2019.
The population of 56003 is primarily White (87.26%). Residents are well-educated — 58.0% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 7.2%. Household income has grown by 15% since 2019.
The unemployment rate in 56003 stands at 1.7%, which is well below the national average. About 11% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 75%.
Overall, ZIP code 56003 in Mankato, MN is characterized as middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 15,319 residents, a median household income of $80,587, and a median home value of $260,800, it offers a clear picture of life in this part of Minnesota.