| ZIP Code | 56027 |
|---|---|
| City | Elmore |
| State | Minnesota (MN) |
| County | Faribault County |
| Area Code | 507/924 |
| Elevation | 1,103 ft |
| Latitude | 43.516714 |
|---|---|
| Longitude | -94.116644 |
| Timezone | Chicago (DST) |
| FIPS | 27043 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.1 yrs ↓ 2% since 2019 |
|---|---|
| Avg Household Size | 1.86 |
| Below Poverty | 21.3% ▲ 113% above avg |
| College Grads | 22.6% ▼ 42% below avg |
| Unemployment | 6.4% ▲ 31% above avg |
| No HS Diploma | 6 (1.4%) |
| HS Graduate | 225 (50.9%) |
| Some College | 40 (9%) |
| Associates | 71 (16.1%) |
| Bachelors | 40 (9%) |
| Graduate Degree | 60 (13.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $48,214 ▼ 37% below avg ↑ 9% since 2019 |
|---|---|
| Median Home Value | $56,800 ▼ 80% below avg ↑ 14% since 2019 |
| Home/Income Ratio | 1.2x (nat avg ~3.5x) |
| Median Rent | $907/mo ↑ 73% since 2019 |
| Total Units | 390 |
| Vacant Units | 34 |
| Avg HH Size | 1.86 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 390 |
|---|---|
| Vacant | 34 |
| Owner Occupied | 75.8% |
| Renter Occupied | 24.2% |
| Avg HH Size | 1.86 |
ZIP code 56027 is located in Elmore, Minnesota, within Faribault County. With a population of 667, this is a sparsely populated ZIP code with a mature community — the median age is 46.1 years. Economically, 56027 is a working-class ZIP code: the median household income of $48,214 is below the national average.
Real estate in ZIP code 56027 represents one of the more affordable housing markets in the country. The median home value of $56,800 is well below the national average. Renters can expect to pay around $907 per month in median rent. Homeownership is strong here — 75.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 14% since 2019.
The population of 56027 is primarily White (86.06%). Residents are less-educated — 22.6% hold a bachelor's degree or higher, which is below the national average. Poverty affects a significant share of residents at 21.3%. Household income has grown by 9% since 2019.
The unemployment rate in 56027 stands at 6.4%, which is above the national average. As in most parts of the country, driving alone is the dominant commute mode at 83%.
Overall, ZIP code 56027 in Elmore, MN is characterized as working-class, less-educated, a mature community, and predominantly owner-occupied. With 667 residents, a median household income of $48,214, and a median home value of $56,800, it offers a clear picture of life in this part of Minnesota.