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Zip Code 56068 Map And Demographics

Home»Minnesota State»Faribault County»Minnesota Lake»Zip Code 56068
  • Population
    996
  • Density
    15 / sqml.
  • Med. Home Value
    $119,400
  • Med. Rent
    $479

Zip Code Rankings

The table shows the top 5 positions of zip code 56068 on our zip code ranking charts. For example, a rank of 10 means that a zip code ranks #10 on the list of the top zip codes in America for a particular value. The lists were created for all zip codes in America with the population of 1000 residents or higher.

Rank Report Value

Population breakdown by gender

Population in zip code 56068 is 996 residents | Male to Female ratio is 1:1.06 | Zip Code 56068 land area is 65.618 sq. miles | Population density is 15.18 residents per square mile

Median age

  Median Age
Zip Code Median Age 44.8
Median Age - Male 45.4
Median Age - Female 43.6

Median age of zip code 56068 is 3.2% lower compared to nearby zip codes and 20.4% higher compared to the United States median age. Comparing gender-specific madian age yields the following results. Male median age of zip code 56068 is 2.5% higher compared to nearby zip codes and 26.8% higher compared to the United States male median age. Female zip code 56068 median age is 9% lower in comparison to nearby zip codes and 13.2% higher compared to female national median age average.

Population breakdown by age

Racial makeup

Race Count
White population 984
Black or African American population 0
Asian population 1
American Indian and Alaska Native population 6
Native Hawaiian and other Pacific Islander population 0
Other population 0

Region of birth

Ancestry distribution

Ancestry Percent Ancestry Percent
Arab 0% Czech 0.7%
Danish 1.3% Dutch 0.1%
English 5.4% French No Basque 5.3%
French Canadian 0.2% German 62.3%
Greek 0% Hungarian 0%
Irish 7.5% Italian 0.2%
Lithuanian 0% Norwegian 12.8%
Polish 11.9% Portuguese 0%
Russian 0.2% Scotch-Irish 0.5%
Scottish 1.2% Slovak 0%
Subsaharan African 0% Swedish 3.7%
Swiss 0.5% Ukrainian 0%
USA 4.4% Welsh 0.5%
West Indian No Hispanic Groups 0% Other Ancestries 5.9%

Family type by presence of children under 18 by age

Family Type Distribution
Total families 299
Married couples 88.29%
Other couples 11.71%

Family and household income distribution

  Family income (%) Household income (%)
$30,000 or less 11.71% 25.28%
$30,000 and $50,000 24.75% 24.15%
$50,000 and $100,000 41.47% 34.31%
$100,000 and $200,000 17.39% 13.09%
$200,000 or more 4.68% 3.16%

Households by size

Household language

Language Spoken Percent
English language 98.23%
Spanish language 0.94%
Other European language 0.73%
Asian language 0.1%
Other language 0%

Population by housing unit

Housing Unit Percent
Total Occupied housing units 443
Detached housing units 83.3%
Attached housing units 0.9%
2 units 1.35%
3 - 4 units 4.06%
5 - 9 units 4.97%
10 - 19 units 1.58%
20 - 49 units 2.03%
50 or more units 0%
Mobile homes 1.81%
Boats, RVs, Vans 0%

Means of transportation to work

Means Percent
Use car, track or Van 87.93%
Use public transportation 0%
Use Motorcycle 0%
Use bicycle 0%
Walk to work 3.02%
Work at home 9.05%

School attendance

Attendance Percent
Attent Preschool programs 2.27%
Attend Public School 14.12%
Attend college undergraduate program 4.54%
Attent graduate studies 0.41%
Not enrolled in school 78.66%

Highest school attainment

Attainment Percent
Less then 9th grade 4.49%
Grade 9 to 12, no diploma 6.32%
High school diploma 40.03%
Some college, no degree 25.56%
Associate degree 11.66%
Bachelor's degree 11.24%
Graduate or professional degree 0.7%

Business Counts by Industry

Industry Type Count
Total of all sectors 28
Retail Trade 5
Other Services (except Public Administration) 5
Transportation and Warehousing 4
Wholesale Trade 4
Finance and Insurance 3
Construction 3
Accommodation and Food Services 2
Agriculture, Forestry, Fishing and Hunting 1
Professional, Scientific, and Technical Services 1

Real Estate

Metric Value
Housing occupied 94.06%
Housing vacant 5.94%
Housing occupied by owner 81.49%
Housing occupied by tenant 18.51%
Total Rented Units 82
Median Contract Gross Rent $414
Median Gross Rent $479
Median Home Value $119,400

Contract rent is the monthly cash rent agreed to, regardless of any furnishings, utilities, fees, meals, or services that may be included. Gross rent is the contract rent plus the estimated average monthly cost of utilities and fuels if these are paid by the renter. In zip code 56068 median gross rent is 15.7% larger then the median contract rent.

Average estimated apartment rent

Apartment Type Average Rent
Studio $490
1 Bedroom $570
2 Bedrooms $660
3 Bedrooms $920
4 Bedrooms $1,070
AVERAGE RENT $742

Average rent in zip code 56068 ($742.00) is 6.5% higher compared to nearby zip codes and 20.7% lower compared to the average rent in the US. The following illustrates how zip code 56068 rent compares to the nearby zip code rents by unit type: studio apartment rent is 6.5% higher, one bedroom apartment rent is 6.5% higher, two bedroom rent is 6.5% higher, three bedroom rent is 6.4% higher, four bedroom rent is 6.5% higher.

Housing units

Housing Unit Percent
Total housing units 471
Detached housing units 82.59%
Attached housing units 2.55%
2 units 1.27%
3 - 4 units 3.82%
5 - 9 units 4.67%
10 - 19 units 1.49%
20 - 49 units 1.91%
50 or more units 0%
Mobile homes 1.7%
Boats, RVs, Vans 0%

Real Estate taxes paid

Tax Amount
Total Real Estate Taxes $618,200
Real estate taxes paid for units with a mortgage $402,200
Real estate taxes paid for units with no mortgage $216,000

Nearby Zip Code Income Per Capita Comparison

Compare Zip Codes

or compare zip code 56068 to other nearby zip codes.

Zip Codes Near 56068

Zip Code City County Distance
56025 Easton Faribault 5.27 ml
56097 Wells Faribault 8.8 ml
56091 Waldorf Waseca 9.38 ml
56014 Bricelyn Faribault 9.74 ml
56023 Delavan Faribault 9.87 ml
56065 Mapleton Blue Earth 10.24 ml
56098 Winnebago Faribault 11.46 ml
56078 Pemberton Blue Earth 13.57 ml
56013 Blue Earth Faribault 13.63 ml
56032 Freeborn Freeborn 14.61 ml