| ZIP Code | 56072 |
|---|---|
| City | New Richland |
| State | Minnesota (MN) |
| County | Waseca County |
| Area Code | 507/924 |
| Elevation | 1,177 ft |
| Latitude | 43.899229 |
|---|---|
| Longitude | -93.517081 |
| Timezone | Chicago (DST) |
| FIPS | 27161 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 47.5 yrs ↑ 6% since 2019 |
|---|---|
| Avg Household Size | 2.38 |
| Below Poverty | 3.6% ▼ 64% below avg |
| College Grads | 37.2% ≈ Avg |
| Unemployment | 2.9% ▼ 41% below avg |
| No HS Diploma | 9 (0.6%) |
| HS Graduate | 491 (34.3%) |
| Some College | 167 (11.7%) |
| Associates | 233 (16.3%) |
| Bachelors | 249 (17.4%) |
| Graduate Degree | 283 (19.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $77,917 ≈ Avg ↑ 30% since 2019 |
|---|---|
| Median Home Value | $200,000 ▼ 28% below avg ↑ 40% since 2019 |
| Home/Income Ratio | 2.6x (nat avg ~3.5x) |
| Median Rent | $775/mo ↑ 49% since 2019 |
| Total Units | 1,034 |
| Vacant Units | 164 |
| Avg HH Size | 2.38 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,034 |
|---|---|
| Vacant | 164 |
| Owner Occupied | 86.2% |
| Renter Occupied | 13.8% |
| Avg HH Size | 2.38 |
ZIP code 56072 is located in New Richland, Minnesota, within Waseca County. With a population of 2,147, this is a sparsely populated ZIP code with a mature community — the median age is 47.5 years. Economically, 56072 is a middle-income ZIP code: the median household income of $77,917 is near the national average.
Real estate in ZIP code 56072 represents an affordable housing market. The median home value of $200,000 is below the national average. Renters can expect to pay around $775 per month in median rent. Homeownership is strong here — 86.2% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 40% since 2019.
The population of 56072 is primarily White (95.30%). Residents are moderately educated — 37.2% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 3.6%. Household income has grown by 30% since 2019.
The unemployment rate in 56072 stands at 2.9%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 77%.
Overall, ZIP code 56072 in New Richland, MN is characterized as middle-income, moderately educated, a mature community, and predominantly owner-occupied. With 2,147 residents, a median household income of $77,917, and a median home value of $200,000, it offers a clear picture of life in this part of Minnesota.