ZIP Code 56068 is associated with the city of Minnesota Lake in Minnesota (Faribault County) in the U.S. An estimated 95.8% in this Minnesota region have a high school degree or higher, while the per capita income comes in at approximately $32,061. Median househould income in this region is $62,188, while about 3% of the population lives below the poverty line. The median age in ZIP Code 56068 is approximately 48.8 years, and 23.8% of the region's residents are aged 62 years and older. The current population estimate is 963.
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The median household income in ZIP Code 56068 is $62,188, while the region's mean household income is $74,039. Breaking income down further, per capita income in the region is $32,061. The per capita income in ZIP Code 56068 of $32,061 is approximately 14.79% less than the per capita income in the U.S. overall of $37,625. An estimated 3.3% of the population is living below the poverty line in this region. This rate is approximately 65.26% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 21.1% of the population in 56068 earn $50,000 to $74,999 per year, while an estimated 17.3% earn $75,000 to $99,999 per year, and 1.2% of 56068 residents earn less than $10,000 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 1.2% |
| $10,000 to $14,999 per year | 4.3% |
| $15,000 to $24,999 per year | 11.1% |
| $25,000 to $34,999 per year | 7.3% |
| $35,000 to $49,999 per year | 14.0% |
| $50,000 to $74,999 per year | 21.1% |
| $75,000 to $99,999 per year | 17.3% |
| $100,000 to $149,999 per year | 14.9% |
| $150,000 to $199,999 per year | 5.0% |
| $200,000 or more per year | 3.8% |
In ZIP Code 56068, 95.8% of the population graduated high school, while 20.2% have a bachelor's degree or higher. In this region, 0.9% achieved an education level less than 9th grade, while 5.2% hold a graduate or professional degree. Approximately 29.8% in this Faribault County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 0.9% |
| 9th to 12th grade, no diploma | 3.3% |
| High school graduate (includes equivalency) | 29.8% |
| Some college, no degree | 31.1% |
| Associate's degree | 14.6% |
| Bachelor's degree | 15.1% |
| Graduate or professional degree | 5.2% |
Looking at race in the population that makes up ZIP Code 56068, 98.9% is one race, while 1.1% are two or more races. Approximately 1.0% of 56068 residents are hispanic or Latino (of any race). The most common race in 56068 (race alone or in combination with one or more other races), is White (100.0%), followed by American Indian and Alaska Native (1.1%) .
| Industry | Percent |
|---|---|
| White | 100.0% |
| Black or African American | 0.0% |
| American Indian and Alaska Native | 1.1% |
| Asian | 0.0% |
| Native Hawaiian and Other Pacific Islander | 0.0% |
| Some other race | 0.0% |
Residents of ZIP Code 56068 are older than average. The median age of 48.8 years in ZIP Code 56068 is approximately 28.08% higher than the overall median age in the U.S. of 38.1 years. About 80.7% of residents are aged 18 years and older, and 23.8% of residents are 62 years and over. Approximately 15.2% of the population in 56068 falls in the age group 45 to 54 years, while an estimated 13.1% are aged 65 to 74 years. On the low end of the scale, 1.5% of 56068 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 3.6% |
| 5 to 9 years | 6.1% |
| 10 to 14 years | 4.0% |
| 15 to 19 years | 8.9% |
| 20 to 24 years | 4.9% |
| 25 to 34 years | 8.0% |
| 35 to 44 years | 10.8% |
| 45 to 54 years | 15.2% |
| 55 to 59 years | 10.8% |
| 60 to 64 years | 8.2% |
| 65 to 74 years | 13.1% |
| 75 to 84 years | 4.9% |
| 85 years and over | 1.5% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 56068 is current access to health insurance, as an estimated 92.9% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 56068 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 92.9% |
| Risk Behavior | Percent of adults* |
|---|
Regarding the age of homes in ZIP Code 56068, an estimated 34.9% of homes were built in 1939 or earlier. Additionally, 18.3% of homes in the region were built between 1970 and 1979, while an estimated 0.4% of homes were built in 2014 or later in this Faribault County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 0.4% |
| Built between 2010 and 2013 | 1.6% |
| Built between 2000 and 2009 | 4.2% |
| Built between 1990 and 1999 | 4.6% |
| Built between 1980 and 1989 | 5.0% |
| Built between 1970 and 1979 | 18.3% |
| Built between 1960 and 1969 | 7.7% |
| Built between 1950 and 1959 | 15.3% |
| Built between 1940 and 1949 | 7.9% |
| Built in 1939 or earlier | 34.9% |
In 56068, 70.0% of the population is in the labor force. Recent estimates place 4.9% as working from home, while the total labor force in the region has a mean travel to time to work of 29.2 minutes. Approximately 21.4% of the employed population 16 years and over in 56068 work in educational services, and health care and social assistance, while an estimated 15.0% work in manufacturing. On the lower end of the scale, just 1.8% of 56068 workers 16 years and over work in other services, except public administration.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 10.9% |
| Construction | 8.5% |
| Manufacturing | 15.0% |
| Wholesale trade | 2.2% |
| Retail trade | 11.5% |
| Transportation and warehousing, and utilities | 8.1% |
| Information | 2.6% |
| Finance and insurance, and real estate and rental and leasing | 3.9% |
| Professional, scientific, management, and administrative | 3.9% |
| Educational services, and health care and social assistance | 21.4% |
| Arts, entertainment, and recreation, and accommodation and food services | 7.2% |
| Other services, except public administration | 1.8% |
| Public administration | 3.0% |
In ZIP Code 56068, 99.0% of the population lists "English only" as the language spoken in home, while 0.2% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 0.8% of homes, and other Indo-European languages are spoken in 0.0% of homes. Lastly, 0.0% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Faribault County region.
| Language Spoken | Percent |
|---|---|
| English only | 99.0% |
| Spanish | 0.2% |
| Other Indo-European languages | 0.8% |
| Asian and Pacific Islander languages | 0.0% |
| Other languages | 0.0% |
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 56068 | 11.48¢/kWh | 8.73¢/kWh | 6.83¢/kWh |
| Minnesota | 15.67¢/kWh | 11.89¢/kWh | 9.3¢/kWh |
| United States | 17.78¢/kWh | 13.19¢/kWh | 8.44¢/kWh |
| Month | ZIP Code 56068 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 1.9 | 5.84 | |
| Feb | 3 | 6.31 | |
| Mar | 3.65 | 7.02 | |
| Apr | 5.13 | 7.3 | |
| May | 5.17 | 7.13 | |
| Jun | 5.72 | 6.95 | |
| Jul | 6.22 | 6.51 | |
| Aug | 6.08 | 6.65 | |
| Sep | 5.15 | 7.02 | |
| Oct | 3.32 | 6.92 | |
| Nov | 2.33 | 5.99 | |
| Dec | 1.78 | 5.46 |