| ZIP Code | 56243 |
|---|---|
| City | Grove City |
| State | Minnesota (MN) |
| County | Meeker County |
| Area Code | 320 |
| Elevation | 1,217 ft |
| Latitude | 45.170236 |
|---|---|
| Longitude | -94.686485 |
| Timezone | Chicago (DST) |
| FIPS | 27093 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 38.2 yrs ↑ 4% since 2019 |
|---|---|
| Avg Household Size | 2.68 |
| Below Poverty | 13.8% ▲ 38% above avg |
| College Grads | 37.6% ≈ Avg |
| Unemployment | 2.5% ▼ 48% below avg |
| No HS Diploma | 2 (0.2%) |
| HS Graduate | 345 (29.5%) |
| Some College | 153 (13.1%) |
| Associates | 229 (19.6%) |
| Bachelors | 203 (17.4%) |
| Graduate Degree | 236 (20.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $65,625 ▼ 14% below avg ↑ 20% since 2019 |
|---|---|
| Median Home Value | $173,400 ▼ 38% below avg ↑ 18% since 2019 |
| Home/Income Ratio | 2.6x (nat avg ~3.5x) |
| Median Rent | $832/mo ↑ 7% since 2019 |
| Total Units | 844 |
| Vacant Units | 109 |
| Avg HH Size | 2.68 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 844 |
|---|---|
| Vacant | 109 |
| Owner Occupied | 81.1% |
| Renter Occupied | 18.9% |
| Avg HH Size | 2.68 |
ZIP code 56243 is located in Grove City, Minnesota, within Meeker County. With a population of 1,968, this is a sparsely populated ZIP code with a middle-aged community — the median age is 38.2 years. Economically, 56243 is a solidly middle-class ZIP code: the median household income of $65,625 is near the national average.
Real estate in ZIP code 56243 represents an affordable housing market. The median home value of $173,400 is below the national average. Renters can expect to pay around $832 per month in median rent. Homeownership is strong here — 81.1% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 18% since 2019.
The population of 56243 is primarily White (92.73%). Residents are moderately educated — 37.6% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 13.8%. Household income has grown by 20% since 2019.
The unemployment rate in 56243 stands at 2.5%, 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 56243 in Grove City, MN is characterized as solidly middle-class, moderately educated, a middle-aged community, and predominantly owner-occupied. With 1,968 residents, a median household income of $65,625, and a median home value of $173,400, it offers a clear picture of life in this part of Minnesota.