| ZIP Code | 56150 |
|---|---|
| City | Lakefield |
| State | Minnesota (MN) |
| County | Jackson County |
| Area Code | 507/924 |
| Elevation | 1,426 ft |
| Latitude | 43.628218 |
|---|---|
| Longitude | -95.197159 |
| Timezone | Chicago (DST) |
| FIPS | 27063 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.2 yrs ↑ 17% since 2019 |
|---|---|
| Avg Household Size | 2.35 |
| Below Poverty | 7.5% ▼ 25% below avg |
| College Grads | 36.8% ≈ Avg |
| Unemployment | 1.6% ▼ 67% below avg |
| No HS Diploma | 9 (0.5%) |
| HS Graduate | 688 (36.8%) |
| Some College | 225 (12%) |
| Associates | 259 (13.9%) |
| Bachelors | 331 (17.7%) |
| Graduate Degree | 358 (19.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $69,224 ▼ 9% below avg ↑ 30% since 2019 |
|---|---|
| Median Home Value | $128,500 ▼ 54% below avg ↑ 19% since 2019 |
| Home/Income Ratio | 1.9x (nat avg ~3.5x) |
| Median Rent | $917/mo ↑ 19% since 2019 |
| Total Units | 1,335 |
| Vacant Units | 133 |
| Avg HH Size | 2.35 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,335 |
|---|---|
| Vacant | 133 |
| Owner Occupied | 87.4% |
| Renter Occupied | 12.7% |
| Avg HH Size | 2.35 |
ZIP code 56150 is located in Lakefield, Minnesota, within Jackson County. With a population of 2,863, this is a sparsely populated ZIP code with a middle-aged community — the median age is 44.2 years. Economically, 56150 is a solidly middle-class ZIP code: the median household income of $69,224 is near the national average.
Real estate in ZIP code 56150 represents one of the more affordable housing markets in the country. The median home value of $128,500 is well below the national average. Renters can expect to pay around $917 per month in median rent. Homeownership is strong here — 87.4% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 19% since 2019.
The population of 56150 is primarily White (93.15%). Residents are moderately educated — 36.8% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 7.5%. Household income has grown by 30% since 2019.
The unemployment rate in 56150 stands at 1.6%, which is well below the national average. About 11% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 77%.
Overall, ZIP code 56150 in Lakefield, MN is characterized as solidly middle-class, moderately educated, a middle-aged community, and predominantly owner-occupied. With 2,863 residents, a median household income of $69,224, and a median home value of $128,500, it offers a clear picture of life in this part of Minnesota.