ZIP code 56623
56623 is in Lake of the Woods County, Minnesota.
2,733Residents
$87,750Median household income
$942/moMedian gross rent
$232,800Median home value
53.6Median age
30%Adults with a bachelor’s degree or higher
82%Homes lived in by their owners
2.7×Home value to household income
Median rent takes about 13% of the median household income in ZIP 56623.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $38,000 a year. In Minnesota that leaves roughly $2,511 a month after tax. See the full paycheck breakdown for $40,000.
Other ZIP codes in Lake of the Woods 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.