| ZIP Code | 56294 |
|---|---|
| City | Wanda |
| State | Minnesota (MN) |
| County | Redwood County |
| Area Code | 507/924 |
| Elevation | 1,110 ft |
| Latitude | 44.314874 |
|---|---|
| Longitude | -95.213085 |
| Timezone | Chicago (DST) |
| FIPS | 27127 |
| ZIP Type | PO Box |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 58.5 yrs ↓ 10% since 2019 |
|---|---|
| Avg Household Size | 1.76 |
| Below Poverty | 1.3% ▼ 87% below avg |
| College Grads | 38.4% ≈ Avg |
| Unemployment | 0.0% ▼ 100% below avg |
| HS Graduate | 31 (42.5%) |
| Associates | 14 (19.2%) |
| Bachelors | 3 (4.1%) |
| Graduate Degree | 25 (34.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $80,893 ≈ Avg ↑ 81% since 2019 |
|---|---|
| Median Home Value | $202,300 ▼ 27% below avg ↑ 265% since 2019 |
| Home/Income Ratio | 2.5x (nat avg ~3.5x) |
| Total Units | 56 |
| Vacant Units | 11 |
| Avg HH Size | 1.76 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 56 |
|---|---|
| Vacant | 11 |
| Owner Occupied | 73.3% |
| Renter Occupied | 26.7% |
| Avg HH Size | 1.76 |
ZIP code 56294 is located in Wanda, Minnesota, within Redwood County. With a population of 79, this is a sparsely populated ZIP code with an older community — the median age is 58.5 years. Economically, 56294 is a middle-income ZIP code: the median household income of $80,893 is near the national average.
Real estate in ZIP code 56294 represents an affordable housing market. The median home value of $202,300 is below the national average. Homeownership is strong here — 73.3% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 265% since 2019.
The population of 56294 is primarily White (98.73%). Residents are moderately educated — 38.4% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 1.3%. Household income has grown by 81% since 2019.
About 17% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 45%.
Overall, ZIP code 56294 in Wanda, MN is characterized as middle-income, moderately educated, an older community, and predominantly owner-occupied. With 79 residents, a median household income of $80,893, and a median home value of $202,300, it offers a clear picture of life in this part of Minnesota.