| ZIP Code | 56293 |
|---|---|
| City | Wabasso |
| State | Minnesota (MN) |
| County | Redwood County |
| Area Code | 507/924 |
| Elevation | 1,051 ft |
| Latitude | 44.416511 |
|---|---|
| Longitude | -95.259903 |
| Timezone | Chicago (DST) |
| FIPS | 27127 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 48.2 yrs |
|---|---|
| Avg Household Size | 2.56 |
| Below Poverty | 6.7% ▼ 34% below avg |
| College Grads | 32.3% ▼ 17% below avg |
| Unemployment | 1.7% ▼ 65% below avg |
| No HS Diploma | 3 (0.4%) |
| HS Graduate | 277 (35%) |
| Some College | 55 (6.9%) |
| Associates | 201 (25.4%) |
| Bachelors | 81 (10.2%) |
| Graduate Degree | 175 (22.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $67,788 ▼ 11% below avg ↑ 16% since 2019 |
|---|---|
| Median Home Value | $175,000 ▼ 37% below avg ↑ 28% since 2019 |
| Home/Income Ratio | 2.6x (nat avg ~3.5x) |
| Median Rent | $633/mo ↑ 6% since 2019 |
| Total Units | 474 |
| Vacant Units | 45 |
| Avg HH Size | 2.56 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 474 |
|---|---|
| Vacant | 45 |
| Owner Occupied | 83.9% |
| Renter Occupied | 16.1% |
| Avg HH Size | 2.56 |
ZIP code 56293 is located in Wabasso, Minnesota, within Redwood County. With a population of 1,143, this is a sparsely populated ZIP code with a mature community — the median age is 48.2 years. Economically, 56293 is a solidly middle-class ZIP code: the median household income of $67,788 is near the national average.
Real estate in ZIP code 56293 represents an affordable housing market. The median home value of $175,000 is below the national average. Renters can expect to pay around $633 per month in median rent. Homeownership is strong here — 83.9% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 28% since 2019.
The population of 56293 is primarily White (96.68%). Residents are moderately educated — 32.3% hold a bachelor's degree or higher, which is below the national average. Poverty affects a relatively small share of residents at 6.7%. Household income has grown by 16% since 2019.
The unemployment rate in 56293 stands at 1.7%, which is well below the national average. About 13% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 70%.
Overall, ZIP code 56293 in Wabasso, MN is characterized as solidly middle-class, moderately educated, a mature community, and predominantly owner-occupied. With 1,143 residents, a median household income of $67,788, and a median home value of $175,000, it offers a clear picture of life in this part of Minnesota.