| ZIP Code | 56277 |
|---|---|
| City | Olivia |
| State | Minnesota (MN) |
| County | Renville County |
| Area Code | 320 |
| Elevation | 1,090 ft |
| Latitude | 44.767422 |
|---|---|
| Longitude | -94.993117 |
| Timezone | Chicago (DST) |
| FIPS | 27129 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.4 yrs ↑ 4% since 2019 |
|---|---|
| Avg Household Size | 2.36 |
| Below Poverty | 13.7% ▲ 37% above avg |
| College Grads | 35.8% ▼ 8% below avg |
| Unemployment | 3.2% ▼ 35% below avg |
| No HS Diploma | 29 (1.5%) |
| HS Graduate | 623 (31.9%) |
| Some College | 238 (12.2%) |
| Associates | 363 (18.6%) |
| Bachelors | 284 (14.5%) |
| Graduate Degree | 415 (21.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $69,265 ▼ 9% below avg ↑ 10% since 2019 |
|---|---|
| Median Home Value | $178,900 ▼ 36% below avg ↑ 31% since 2019 |
| Home/Income Ratio | 2.6x (nat avg ~3.5x) |
| Median Rent | $765/mo ↑ 10% since 2019 |
| Total Units | 1,422 |
| Vacant Units | 212 |
| Avg HH Size | 2.36 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,422 |
|---|---|
| Vacant | 212 |
| Owner Occupied | 68.1% |
| Renter Occupied | 31.9% |
| Avg HH Size | 2.36 |
ZIP code 56277 is located in Olivia, Minnesota, within Renville County. With a population of 2,962, this is a sparsely populated ZIP code with a middle-aged community — the median age is 42.4 years. Economically, 56277 is a solidly middle-class ZIP code: the median household income of $69,265 is near the national average.
Real estate in ZIP code 56277 represents an affordable housing market. The median home value of $178,900 is below the national average. Renters can expect to pay around $765 per month in median rent. Homeownership is strong here — 68.1% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 31% since 2019.
The population of 56277 is primarily White (83.76%). Residents are moderately educated — 35.8% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 13.7%. Household income has grown by 10% since 2019.
The unemployment rate in 56277 stands at 3.2%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 76%.
Overall, ZIP code 56277 in Olivia, MN is characterized as solidly middle-class, moderately educated, a middle-aged community, and predominantly owner-occupied. With 2,962 residents, a median household income of $69,265, and a median home value of $178,900, it offers a clear picture of life in this part of Minnesota.