ZIP Code 56046 — undefined, MN Demographics & Data

ZIP code 56046 covers MN in Steele County with a population of about 140.

At a glance, the area shows median age of 28.3 versus a U.S. median of about 38.9.

It sits in telephone area code 507; U.S. House district MN-1; the MINNEAPOLIS - ST. PAUL media market.

Median household income in ZIP 56046 is about $58,750 — about 22% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 11.4%; unemployment rate near 0.0%; 13.5% of adults with a bachelor’s degree or higher (about 20.2 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Retail trade, Manufacturing, and Public administration; about 4.0% of workers reporting work-from-home (about 11.2 points below the U.S. share (15.2%)); a mean commute of about 72.0 minutes (U.S. average near 26.8).

Median home value is about $102,500 — about 71% below the U.S. median home value ($348,079).

Housing tenure and rents show owner-occupancy near 94.2% (about 28.8 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 56046 in MN, a household would need roughly $28,000 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 $658. That sits below the local median household income ($58,750), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for MN as Very Low (composite score 37.2), which is relatively lower than many U.S. communities. The strongest component scores on US5 are flood (42.2) and wildfire (10.5). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for MN show little to no average snow and around 35.5 inches of annual precipitation.

IRS migration statistics show a net inflow of about 10 for ZIP 56046 (MN) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.