| ZIP Code | 56307 |
|---|---|
| City | Albany |
| State | Minnesota (MN) |
| County | Stearns County |
| Area Code | 320 |
| Elevation | 1,270 ft |
| Latitude | 45.62681 |
|---|---|
| Longitude | -94.591029 |
| Timezone | Chicago (DST) |
| FIPS | 27145 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.0 yrs ↑ 6% since 2019 |
|---|---|
| Avg Household Size | 2.67 |
| Below Poverty | 4.3% ▼ 57% below avg |
| College Grads | 40.0% ≈ Avg |
| Unemployment | 4.1% ▼ 16% below avg |
| No HS Diploma | 12 (0.4%) |
| HS Graduate | 1,199 (38.4%) |
| Some College | 219 (7%) |
| Associates | 443 (14.2%) |
| Bachelors | 584 (18.7%) |
| Graduate Degree | 664 (21.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $89,563 ▲ 17% above avg ↑ 22% since 2019 |
|---|---|
| Median Home Value | $268,600 ≈ Avg ↑ 28% since 2019 |
| Home/Income Ratio | 3.0x (nat avg ~3.5x) |
| Median Rent | $596/mo ↑ 6% since 2019 |
| Total Units | 2,058 |
| Vacant Units | 122 |
| Avg HH Size | 2.67 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 2,058 |
|---|---|
| Vacant | 122 |
| Owner Occupied | 78.6% |
| Renter Occupied | 21.4% |
| Avg HH Size | 2.67 |
ZIP code 56307 is located in Albany, Minnesota, within Stearns County. With a population of 5,227, this is a lightly populated ZIP code with a middle-aged community — the median age is 39 years. Economically, 56307 is a middle-income ZIP code: the median household income of $89,563 is above the national average.
Real estate in ZIP code 56307 represents a mid-range housing market. The median home value of $268,600 is near the national average. Renters can expect to pay around $596 per month in median rent. Homeownership is strong here — 78.6% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 28% since 2019.
The population of 56307 is primarily White (94.43%). Residents are moderately educated — 40.0% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 4.3%. Household income has grown by 22% since 2019.
The unemployment rate in 56307 stands at 4.1%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 81%.
Overall, ZIP code 56307 in Albany, MN is characterized as middle-income, moderately educated, a middle-aged community, and predominantly owner-occupied. With 5,227 residents, a median household income of $89,563, and a median home value of $268,600, it offers a clear picture of life in this part of Minnesota.