US ZIP Code
56623

Baudette, MN

Lake of the Woods County  ·  Minnesota

● Active
👥 2,684 Population ↓ 3% since 2019
💰 $74,000 Median HH Income
≈ Avg ↑ 65% since 2019
🎂 53.9 Median Age ↑ 2% since 2019
🏠 $227,800 Median Home Value
▼ 18% below avg ↑ 45% since 2019
🎓 39.4% College Grads
≈ Avg
📊 1.8% Unemployment
▼ 62% below avg ↓ 71% since 2019
ZIP Code Details
ZIP Code56623
CityBaudette
StateMinnesota (MN)
CountyLake of the Woods County
Area Code218
Elevation1,096 ft
Latitude48.596877
Longitude-94.600709
TimezoneChicago (DST)
FIPS27077
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 52.1% (1,398) Female 47.9% (1,286) ♀

Race & Ethnicity

White: 91.2%Hispanic: 1%Black: 0.4%Asian: 0.5%Other: 5.9%Race
White91.2%
Hispanic1.0%
Black0.4%
Asian0.5%
Other5.9%

Age Breakdown

Under 5
3%
5–17
12%
18–24
7%
25–44
18%
45–64
29%
65+
18%

Key Indicators

Median Age53.9 yrs ↑ 2% since 2019
Avg Household Size2.17
Below Poverty10.1% ≈ Avg
College Grads39.4% ≈ Avg
Unemployment1.8% ▼ 62% below avg
No HS Diploma2 (0.1%)
HS Graduate629 (31.2%)
Some College185 (9.2%)
Associates406 (20.1%)
Bachelors300 (14.9%)
Graduate Degree495 (24.5%)

Education

No HS: 0.1%HS Grad: 31.2%Some College: 9.2%Associates: 20.1%Bachelors: 14.9%Graduate: 24.5%Edu
No HS0.1%
HS Grad31.2%
Some College9.2%
Associates20.1%
Bachelors14.9%
Graduate24.5%
Housing & Income

Housing Tenure

Owner: 84.7%Renter: 15.3%Tenure
Owner84.7%
Renter15.3%

Home Value Distribution

Under $50k
2%
$50k–100k
9%
$100k–150k
12%
$150k–200k
18%
$200k–300k
31%
$300k–500k
24%
Over $500k
4%

Financials

Median HH Income$74,000 ≈ Avg ↑ 65% since 2019
Median Home Value$227,800 ▼ 18% below avg ↑ 45% since 2019
Home/Income Ratio3.1x (nat avg ~3.5x)
Median Rent$858/mo ↑ 36% since 2019
Total Units2,074
Vacant Units862
Avg HH Size2.17

Income Distribution

Under $25k
18%
$25k–50k
13%
$50k–75k
17%
$75k–100k
13%
$100k–150k
20%
$150k–200k
8%
Over $200k
11%
Employment & Commute

How People Get to Work

Drove Alone
94%
Walked
4%
Work From Home
3%

Commute Time

Under 15 min
57%
15–30 min
25%
30–45 min
5%
Over 45 min
13%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
9%
1960s–1970s
11%
1980s–1990s
19%
2000+
60%

Summary

Total Units2,074
Vacant862
Owner Occupied84.7%
Renter Occupied15.3%
Avg HH Size2.17
Frequently Asked Questions
ZIP code 56623 is in Baudette, MN, in Lake of the Woods County.
ZIP code 56623 is located in Minnesota (MN).
ZIP code 56623 is in Lake of the Woods County, MN.
ZIP 56623 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 56623 is 2,684 people (ACS 2023).
The median household income in ZIP code 56623 is $74,000 (ACS 2023).
The median home value in ZIP 56623 is $227,800 (ACS 2023).
About ZIP Code 56623

ZIP code 56623 is located in Baudette, Minnesota, within Lake of the Woods County. With a population of 2,684, this is a sparsely populated ZIP code with a mature community — the median age is 53.9 years. Economically, 56623 is a solidly middle-class ZIP code: the median household income of $74,000 is near the national average.

Real estate in ZIP code 56623 represents an affordable housing market. The median home value of $227,800 is below the national average. Renters can expect to pay around $858 per month in median rent. Homeownership is strong here — 84.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 45% since 2019.

The population of 56623 is primarily White (91.21%). Residents are moderately educated — 39.4% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 10.1%. Household income has grown by 65% since 2019.

The unemployment rate in 56623 stands at 1.8%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 82%.

Overall, ZIP code 56623 in Baudette, MN is characterized as solidly middle-class, moderately educated, a mature community, and predominantly owner-occupied. With 2,684 residents, a median household income of $74,000, and a median home value of $227,800, it offers a clear picture of life in this part of Minnesota.