| ZIP Code | 56229 |
|---|---|
| City | Cottonwood |
| State | Minnesota (MN) |
| County | Lyon County |
| Area Code | 320/507/924 |
| Elevation | 1,089 ft |
| Latitude | 44.594036 |
|---|---|
| Longitude | -95.716384 |
| Timezone | Chicago (DST) |
| FIPS | 27083 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.5 yrs ↑ 11% since 2019 |
|---|---|
| Avg Household Size | 2.38 |
| Below Poverty | 7.0% ▼ 30% below avg |
| College Grads | 45.6% ▲ 18% above avg |
| Unemployment | 6.3% ▲ 29% above avg |
| HS Graduate | 305 (27.3%) |
| Some College | 92 (8.2%) |
| Associates | 211 (18.9%) |
| Bachelors | 236 (21.1%) |
| Graduate Degree | 274 (24.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $99,821 ▲ 31% above avg ↑ 54% since 2019 |
|---|---|
| Median Home Value | $198,400 ▼ 29% below avg ↑ 18% since 2019 |
| Home/Income Ratio | 2.0x (nat avg ~3.5x) |
| Median Rent | $904/mo ↑ 56% since 2019 |
| Total Units | 799 |
| Vacant Units | 74 |
| Avg HH Size | 2.38 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 799 |
|---|---|
| Vacant | 74 |
| Owner Occupied | 83.7% |
| Renter Occupied | 16.3% |
| Avg HH Size | 2.38 |
ZIP code 56229 is located in Cottonwood, Minnesota, within Lyon County. With a population of 1,729, this is a sparsely populated ZIP code with a middle-aged community — the median age is 41.5 years. Economically, 56229 is a middle-income ZIP code: the median household income of $99,821 is above the national average.
Real estate in ZIP code 56229 represents an affordable housing market. The median home value of $198,400 is below the national average. Renters can expect to pay around $904 per month in median rent. Homeownership is strong here — 83.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 18% since 2019.
The population of 56229 is primarily White (95.49%). Residents are well-educated — 45.6% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 7.0%. Household income has grown by 54% since 2019.
The unemployment rate in 56229 stands at 6.3%, which is above the national average. About 11% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 80%.
Overall, ZIP code 56229 in Cottonwood, MN is characterized as middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 1,729 residents, a median household income of $99,821, and a median home value of $198,400, it offers a clear picture of life in this part of Minnesota.