| ZIP Code | 56046 |
|---|---|
| City | Hope |
| State | Minnesota (MN) |
| County | Steele County |
| Area Code | 507/924 |
| Elevation | 1,201 ft |
| Latitude | 43.967814 |
|---|---|
| Longitude | -93.268871 |
| Timezone | Chicago (DST) |
| FIPS | 27147 |
| ZIP Type | PO Box |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 28.3 yrs ↓ 10% since 2019 |
|---|---|
| Avg Household Size | 2.69 |
| Below Poverty | 11.4% ▲ 14% above avg |
| College Grads | 20.7% ▼ 47% below avg |
| Unemployment | 0.0% ▼ 100% below avg |
| HS Graduate | 36 (41.4%) |
| Associates | 33 (37.9%) |
| Bachelors | 6 (6.9%) |
| Graduate Degree | 12 (13.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $58,750 ▼ 23% below avg ↑ 32% since 2019 |
|---|---|
| Median Home Value | $102,500 ▼ 63% below avg ↑ 15% since 2019 |
| Home/Income Ratio | 1.7x (nat avg ~3.5x) |
| Total Units | 52 |
| Avg HH Size | 2.69 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 52 |
|---|---|
| Owner Occupied | 94.2% |
| Renter Occupied | 5.8% |
| Avg HH Size | 2.69 |
ZIP code 56046 is located in Hope, Minnesota, within Steele County. With a population of 140, this is a sparsely populated ZIP code with a young community — the median age is 28.3 years. Economically, 56046 is a solidly middle-class ZIP code: the median household income of $58,750 is below the national average.
Real estate in ZIP code 56046 represents one of the more affordable housing markets in the country. The median home value of $102,500 is well below the national average. Homeownership is strong here — 94.2% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 15% since 2019.
The population of 56046 is primarily White (100.00%). Residents are less-educated — 20.7% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 11.4%. Household income has grown by 32% since 2019.
As in most parts of the country, driving alone is the dominant commute mode at 96%.
Overall, ZIP code 56046 in Hope, MN is characterized as solidly middle-class, less-educated, a young community, and predominantly owner-occupied. With 140 residents, a median household income of $58,750, and a median home value of $102,500, it offers a clear picture of life in this part of Minnesota.