| ZIP Code | 56062 |
|---|---|
| City | Madelia |
| State | Minnesota (MN) |
| County | Watonwan County |
| Area Code | 507/924 |
| Elevation | 985 ft |
| Latitude | 44.048235 |
|---|---|
| Longitude | -94.413855 |
| Timezone | Chicago (DST) |
| FIPS | 27165 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 36.6 yrs ↓ 2% since 2019 |
|---|---|
| Avg Household Size | 2.63 |
| Below Poverty | 8.2% ▼ 18% below avg |
| College Grads | 34.7% ▼ 10% below avg |
| Unemployment | 2.6% ▼ 47% below avg |
| No HS Diploma | 81 (4%) |
| HS Graduate | 688 (34.3%) |
| Some College | 224 (11.2%) |
| Associates | 316 (15.8%) |
| Bachelors | 241 (12%) |
| Graduate Degree | 454 (22.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $76,549 ≈ Avg ↑ 43% since 2019 |
|---|---|
| Median Home Value | $172,900 ▼ 38% below avg ↑ 34% since 2019 |
| Home/Income Ratio | 2.3x (nat avg ~3.5x) |
| Median Rent | $756/mo ↑ 4% since 2019 |
| Total Units | 1,309 |
| Vacant Units | 106 |
| Avg HH Size | 2.63 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,309 |
|---|---|
| Vacant | 106 |
| Owner Occupied | 79.0% |
| Renter Occupied | 21.0% |
| Avg HH Size | 2.63 |
ZIP code 56062 is located in Madelia, Minnesota, within Watonwan County. With a population of 3,249, this is a sparsely populated ZIP code with a relatively young community — the median age is 36.6 years. Economically, 56062 is a middle-income ZIP code: the median household income of $76,549 is near the national average.
Real estate in ZIP code 56062 represents an affordable housing market. The median home value of $172,900 is below the national average. Renters can expect to pay around $756 per month in median rent. Homeownership is strong here — 79.0% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 34% since 2019.
The population of 56062 is primarily White (72.64%). Residents are moderately educated — 34.7% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 8.2%. Household income has grown by 43% since 2019.
The unemployment rate in 56062 stands at 2.6%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 80%.
Overall, ZIP code 56062 in Madelia, MN is characterized as middle-income, moderately educated, a relatively young community, and predominantly owner-occupied. With 3,249 residents, a median household income of $76,549, and a median home value of $172,900, it offers a clear picture of life in this part of Minnesota.