| ZIP Code | 56256 |
|---|---|
| City | Madison |
| State | Minnesota (MN) |
| County | Lac qui Parle County |
| Area Code | 320 |
| Elevation | 1,048 ft |
| Latitude | 45.016942 |
|---|---|
| Longitude | -96.212703 |
| Timezone | Chicago (DST) |
| FIPS | 27073 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 53.2 yrs ↑ 4% since 2019 |
|---|---|
| Avg Household Size | 2.06 |
| Below Poverty | 8.7% ▼ 13% below avg |
| College Grads | 36.9% ≈ Avg |
| Unemployment | 0.9% ▼ 82% below avg |
| No HS Diploma | 6 (0.3%) |
| HS Graduate | 642 (36.4%) |
| Some College | 180 (10.2%) |
| Associates | 285 (16.1%) |
| Bachelors | 284 (16.1%) |
| Graduate Degree | 368 (20.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $62,250 ▼ 18% below avg ↑ 18% since 2019 |
|---|---|
| Median Home Value | $122,400 ▼ 56% below avg ↑ 48% since 2019 |
| Home/Income Ratio | 2.0x (nat avg ~3.5x) |
| Median Rent | $906/mo ↑ 70% since 2019 |
| Total Units | 1,349 |
| Vacant Units | 241 |
| Avg HH Size | 2.06 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,349 |
|---|---|
| Vacant | 241 |
| Owner Occupied | 76.3% |
| Renter Occupied | 23.7% |
| Avg HH Size | 2.06 |
ZIP code 56256 is located in Madison, Minnesota, within Lac qui Parle County. With a population of 2,352, this is a sparsely populated ZIP code with a mature community — the median age is 53.2 years. Economically, 56256 is a solidly middle-class ZIP code: the median household income of $62,250 is below the national average.
Real estate in ZIP code 56256 represents one of the more affordable housing markets in the country. The median home value of $122,400 is well below the national average. Renters can expect to pay around $906 per month in median rent. Homeownership is strong here — 76.3% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 48% since 2019.
The population of 56256 is primarily White (97.07%). Residents are moderately educated — 36.9% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 8.7%. Household income has grown by 18% since 2019.
The unemployment rate in 56256 stands at 0.9%, 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 72%.
Overall, ZIP code 56256 in Madison, MN is characterized as solidly middle-class, moderately educated, a mature community, and predominantly owner-occupied. With 2,352 residents, a median household income of $62,250, and a median home value of $122,400, it offers a clear picture of life in this part of Minnesota.