What to know about ZIP 56002
ZIP code 56002 covers ZIP 56002 with a population of about 2,655.
At a glance, the area shows median age of 24.3 versus a U.S. median of about 38.9.
It sits in the MANKATO media market.
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ZIP Code 56002 — undefined, undefined Demographics & Data
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Working Class
At a glance
Population
2,655
Density
N/A
Median income
$36,991
-51% vs US avg
Home value
$212,800
-39% vs US avg
Median rent
$804
-31% vs US avg
Timezone
N/A
Overview of ZIP Code 56002
Income and economy in ZIP 56002
Median household income in ZIP 56002 is about $36,991 — about 51% below the U.S. median ($75,149).
On socioeconomic markers, US5 shows a poverty rate of 42.5%; unemployment rate near 6.2%; 27.0% of adults with a bachelor’s degree or higher (about 6.7 points below the national share (33.7%)).
Labor and commute patterns include leading industry context around Healthcare, Retail trade, and Food services; about 5.1% of workers reporting work-from-home (about 10.1 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).
Housing and affordability in ZIP 56002
Median home value is about $212,800 — about 39% below the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $804 (about 31% below the U.S. median rent ($1,163)), and owner-occupancy near 12.4% (about 53.0 points below the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 56002, a household would need roughly $59,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,367. That is about 59% above the local median household income ($36,991), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.