| ZIP Code | 56295 |
|---|---|
| City | Watson |
| State | Minnesota (MN) |
| County | Chippewa County |
| Area Code | 320 |
| Elevation | 1,032 ft |
| Latitude | 45.043139 |
|---|---|
| Longitude | -95.848874 |
| Timezone | Chicago (DST) |
| FIPS | 27023 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.1 yrs ↑ 18% since 2019 |
|---|---|
| Avg Household Size | 2.21 |
| Below Poverty | 13.6% ▲ 36% above avg |
| College Grads | 39.1% ≈ Avg |
| Unemployment | 3.6% ▼ 26% below avg |
| No HS Diploma | 2 (1.1%) |
| HS Graduate | 57 (31%) |
| Some College | 34 (18.5%) |
| Associates | 19 (10.3%) |
| Bachelors | 32 (17.4%) |
| Graduate Degree | 40 (21.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $58,333 ▼ 24% below avg |
|---|---|
| Median Home Value | $86,100 ▼ 69% below avg ↑ 23% since 2019 |
| Home/Income Ratio | 1.5x (nat avg ~3.5x) |
| Median Rent | $706/mo ↑ 36% since 2019 |
| Total Units | 136 |
| Avg HH Size | 2.21 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 136 |
|---|---|
| Owner Occupied | 78.7% |
| Renter Occupied | 21.3% |
| Avg HH Size | 2.21 |
ZIP code 56295 is located in Watson, Minnesota, within Chippewa County. With a population of 301, this is a sparsely populated ZIP code with a middle-aged community — the median age is 44.1 years. Economically, 56295 is a solidly middle-class ZIP code: the median household income of $58,333 is below the national average.
Real estate in ZIP code 56295 represents one of the more affordable housing markets in the country. The median home value of $86,100 is well below the national average. Renters can expect to pay around $706 per month in median rent. Homeownership is strong here — 78.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 23% since 2019.
The population of 56295 is primarily White (87.38%). Residents are moderately educated — 39.1% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 13.6%.
The unemployment rate in 56295 stands at 3.6%, which is below the national average. About 18% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 75%.
Overall, ZIP code 56295 in Watson, MN is characterized as solidly middle-class, moderately educated, a middle-aged community, and predominantly owner-occupied. With 301 residents, a median household income of $58,333, and a median home value of $86,100, it offers a clear picture of life in this part of Minnesota.