| ZIP Code | 56097 |
|---|---|
| City | Wells |
| State | Minnesota (MN) |
| County | Faribault County |
| Area Code | 507/924 |
| Elevation | 1,153 ft |
| Latitude | 43.720968 |
|---|---|
| Longitude | -93.713282 |
| Timezone | Chicago (DST) |
| FIPS | 27043 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.0 yrs ↑ 2% since 2019 |
|---|---|
| Avg Household Size | 2.19 |
| Below Poverty | 9.9% ≈ Avg |
| College Grads | 36.0% ≈ Avg |
| Unemployment | 3.6% ▼ 26% below avg |
| No HS Diploma | 5 (0.2%) |
| HS Graduate | 800 (33.9%) |
| Some College | 312 (13.2%) |
| Associates | 393 (16.7%) |
| Bachelors | 350 (14.8%) |
| Graduate Degree | 500 (21.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $63,646 ▼ 17% below avg ↑ 21% since 2019 |
|---|---|
| Median Home Value | $118,000 ▼ 58% below avg ↑ 19% since 2019 |
| Home/Income Ratio | 1.9x (nat avg ~3.5x) |
| Median Rent | $761/mo ↑ 24% since 2019 |
| Total Units | 1,801 |
| Vacant Units | 178 |
| Avg HH Size | 2.19 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,801 |
|---|---|
| Vacant | 178 |
| Owner Occupied | 79.8% |
| Renter Occupied | 20.2% |
| Avg HH Size | 2.19 |
ZIP code 56097 is located in Wells, Minnesota, within Faribault County. With a population of 3,593, this is a sparsely populated ZIP code with a mature community — the median age is 46 years. Economically, 56097 is a solidly middle-class ZIP code: the median household income of $63,646 is below the national average.
Real estate in ZIP code 56097 represents one of the more affordable housing markets in the country. The median home value of $118,000 is well below the national average. Renters can expect to pay around $761 per month in median rent. Homeownership is strong here — 79.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 19% since 2019.
The population of 56097 is primarily White (92.43%). Residents are moderately educated — 36.0% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 9.9%. Household income has grown by 21% since 2019.
The unemployment rate in 56097 stands at 3.6%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 79%.
Overall, ZIP code 56097 in Wells, MN is characterized as solidly middle-class, moderately educated, a mature community, and predominantly owner-occupied. With 3,593 residents, a median household income of $63,646, and a median home value of $118,000, it offers a clear picture of life in this part of Minnesota.