ZIP code 56118
56118 is in Cottonwood County, Minnesota.
457Residents
$91,250Median household income
$933/moMedian gross rent
$259,600Median home value
51.2Median age
21%Adults with a bachelor’s degree or higher
96%Homes lived in by their owners
2.8×Home value to household income
Median rent takes about 12% of the median household income in ZIP 56118.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $37,000 a year. In Minnesota that leaves roughly $2,449 a month after tax. See the full paycheck breakdown for $35,000.
Other ZIP codes in Cottonwood County
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.