| ZIP Code | 56533 |
|---|---|
| City | Elizabeth |
| State | Minnesota (MN) |
| County | Otter Tail County |
| Area Code | 320 |
| Elevation | 1,299 ft |
| Latitude | 46.398688 |
|---|---|
| Longitude | -96.1421 |
| Timezone | Chicago (DST) |
| FIPS | 27111 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 33.9 yrs ↓ 25% since 2019 |
|---|---|
| Avg Household Size | 2.81 |
| Below Poverty | 3.6% ▼ 64% below avg |
| College Grads | 36.6% ≈ Avg |
| Unemployment | 3.2% ▼ 34% below avg |
| No HS Diploma | 1 (0.5%) |
| HS Graduate | 52 (25.7%) |
| Some College | 34 (16.8%) |
| Associates | 41 (20.3%) |
| Bachelors | 52 (25.7%) |
| Graduate Degree | 22 (10.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $66,771 ▼ 12% below avg ↑ 4% since 2019 |
|---|---|
| Median Home Value | $165,800 ▼ 41% below avg ↑ 12% since 2019 |
| Home/Income Ratio | 2.5x (nat avg ~3.5x) |
| Median Rent | $1,292/mo ↑ 12% since 2019 |
| Total Units | 134 |
| Vacant Units | 17 |
| Avg HH Size | 2.81 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 134 |
|---|---|
| Vacant | 17 |
| Owner Occupied | 89.7% |
| Renter Occupied | 10.3% |
| Avg HH Size | 2.81 |
ZIP code 56533 is located in Elizabeth, Minnesota, within Otter Tail County. With a population of 333, this is a sparsely populated ZIP code with a relatively young community — the median age is 33.9 years. Economically, 56533 is a solidly middle-class ZIP code: the median household income of $66,771 is near the national average.
Real estate in ZIP code 56533 represents an affordable housing market. The median home value of $165,800 is below the national average. Renters can expect to pay around $1,292 per month in median rent. Homeownership is strong here — 89.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 12% since 2019.
The population of 56533 is primarily White (96.40%). Residents are moderately educated — 36.6% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 3.6%. Household income has grown by 4% since 2019.
The unemployment rate in 56533 stands at 3.2%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 84%.
Overall, ZIP code 56533 in Elizabeth, MN is characterized as solidly middle-class, moderately educated, a relatively young community, and predominantly owner-occupied. With 333 residents, a median household income of $66,771, and a median home value of $165,800, it offers a clear picture of life in this part of Minnesota.