| ZIP Code | 56266 |
|---|---|
| City | Morgan |
| State | Minnesota (MN) |
| County | Redwood County |
| Area Code | 507/924 |
| Elevation | 1,046 ft |
| Latitude | 44.421061 |
|---|---|
| Longitude | -94.914515 |
| Timezone | Chicago (DST) |
| FIPS | 27127 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.8 yrs ↑ 2% since 2019 |
|---|---|
| Avg Household Size | 2.54 |
| Below Poverty | 8.3% ▼ 17% below avg |
| College Grads | 36.3% ≈ Avg |
| Unemployment | 1.6% ▼ 66% below avg |
| No HS Diploma | 8 (0.8%) |
| HS Graduate | 416 (42.2%) |
| Some College | 107 (10.9%) |
| Associates | 97 (9.8%) |
| Bachelors | 151 (15.3%) |
| Graduate Degree | 207 (21%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $70,000 ▼ 8% below avg ↑ 29% since 2019 |
|---|---|
| Median Home Value | $135,000 ▼ 52% below avg ↑ 29% since 2019 |
| Home/Income Ratio | 1.9x (nat avg ~3.5x) |
| Median Rent | $1,036/mo ↑ 109% since 2019 |
| Total Units | 661 |
| Vacant Units | 81 |
| Avg HH Size | 2.54 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 661 |
|---|---|
| Vacant | 81 |
| Owner Occupied | 82.8% |
| Renter Occupied | 17.2% |
| Avg HH Size | 2.54 |
ZIP code 56266 is located in Morgan, Minnesota, within Redwood County. With a population of 1,516, this is a sparsely populated ZIP code with a middle-aged community — the median age is 41.8 years. Economically, 56266 is a solidly middle-class ZIP code: the median household income of $70,000 is near the national average.
Real estate in ZIP code 56266 represents one of the more affordable housing markets in the country. The median home value of $135,000 is well below the national average. Renters can expect to pay around $1,036 per month in median rent. Homeownership is strong here — 82.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 29% since 2019.
The population of 56266 is primarily White (90.04%). Residents are moderately educated — 36.3% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 8.3%. Household income has grown by 29% since 2019.
The unemployment rate in 56266 stands at 1.6%, which is well below the national average. About 14% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 74%.
Overall, ZIP code 56266 in Morgan, MN is characterized as solidly middle-class, moderately educated, a middle-aged community, and predominantly owner-occupied. With 1,516 residents, a median household income of $70,000, and a median home value of $135,000, it offers a clear picture of life in this part of Minnesota.