ZIP code 56023

56023 is in Faribault County, Minnesota.

559Residents

$77,969Median household income

$986/moMedian gross rent

$150,000Median home value

39.8Median age

18%Adults with a bachelor’s degree or higher

91%Homes lived in by their owners

1.9×Home value to household income

Median rent takes about 15% of the median household income in ZIP 56023.

What pay do you need to rent here?

To keep rent at or below 30% of gross pay, you would need about $39,000 a year. In Minnesota that leaves roughly $2,572 a month after tax. See the full paycheck breakdown for $40,000.

Other ZIP codes in Faribault County

56013 $71,553
56097 $62,264
56098 $69,000
56014 $62,917
56027 $49,954
56051 $54,286
56025 $91,786
56033 $83,214

All ZIP codes in Minnesota · Highest-paying jobs in Minnesota

Source: Census ACS 2024 ACS 5-year, ZIP code tabulation areas. ZCTAs approximate postal ZIP codes and can differ from them. Small areas carry larger margins of error.