| ZIP Code | 56373 |
|---|---|
| City | Royalton |
| State | Minnesota (MN) |
| County | Morrison County |
| Area Code | 320 |
| Elevation | 1,113 ft |
| Latitude | 45.85974 |
|---|---|
| Longitude | -94.230562 |
| Timezone | Chicago (DST) |
| FIPS | 27097 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 38.8 yrs ↑ 3% since 2019 |
|---|---|
| Avg Household Size | 2.57 |
| Below Poverty | 8.8% ▼ 12% below avg |
| College Grads | 38.4% ≈ Avg |
| Unemployment | 4.0% ▼ 18% below avg |
| No HS Diploma | 6 (0.3%) |
| HS Graduate | 761 (37.7%) |
| Some College | 174 (8.6%) |
| Associates | 301 (14.9%) |
| Bachelors | 378 (18.8%) |
| Graduate Degree | 396 (19.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $91,544 ▲ 20% above avg ↑ 39% since 2019 |
|---|---|
| Median Home Value | $266,700 ≈ Avg ↑ 32% since 2019 |
| Home/Income Ratio | 2.9x (nat avg ~3.5x) |
| Median Rent | $842/mo ↑ 21% since 2019 |
| Total Units | 1,309 |
| Vacant Units | 52 |
| Avg HH Size | 2.57 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,309 |
|---|---|
| Vacant | 52 |
| Owner Occupied | 82.0% |
| Renter Occupied | 18.0% |
| Avg HH Size | 2.57 |
ZIP code 56373 is located in Royalton, Minnesota, within Morrison County. With a population of 3,248, this is a sparsely populated ZIP code with a middle-aged community — the median age is 38.8 years. Economically, 56373 is a middle-income ZIP code: the median household income of $91,544 is above the national average.
Real estate in ZIP code 56373 represents a mid-range housing market. The median home value of $266,700 is near the national average. Renters can expect to pay around $842 per month in median rent. Homeownership is strong here — 82.0% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 32% since 2019.
The population of 56373 is primarily White (95.14%). 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 8.8%. Household income has grown by 39% since 2019.
The unemployment rate in 56373 stands at 4.0%, 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 56373 in Royalton, MN is characterized as middle-income, moderately educated, a middle-aged community, and predominantly owner-occupied. With 3,248 residents, a median household income of $91,544, and a median home value of $266,700, it offers a clear picture of life in this part of Minnesota.