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ZipNumbers

Meeker County · Minnesota

ZIP code 56243

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 56243 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
1,968

ZCTA residents

Median income
$65,625

Household, past 12 months

Median home
$173,400

Owner-occupied value

Sales tax
6.875%

Minnesota state rate

Quick answer

ZIP 56243 sits in Meeker County, Minnesota and is home to 1,968 people. Median household income is $65,625, the median home is worth $173,400 and median gross rent is $832. 81.1% of households own their home, and purchases are taxed at 6.875% (Minnesota state rate).

County
Meeker County

FIPS 27093

State
Minnesota (MN)

880 ZIPs covered

Area codes
Not published

No NANPA match for this ZIP

Metro area
Outside covered metros

Rate jurisdiction used for tax

The numbers for 56243

American Community Survey 2019-2023 ACS 5-year estimates for this ZCTA.

Population
1,968ZIP 56243 residents
Median household income
$65,625Past 12 months, inflation adjusted
Median home value
$173,400Owner-occupied units
Median gross rent
$832Rent plus utilities, monthly
Median age
38.2 yrsAll residents
Homeownership rate
81.1%Owner-occupied households

Sales tax in 56243

What a purchase inside this ZIP costs at checkout.

Rate applied
6.875%State base rate only
Tax on $100
$7Rounded to the dollar
Tax on $1,000
$69Before any exemptions

Minnesota levies 6.875% statewide, and counties, cities and special districts inside this ZIP can add their own local rate on top. Check the county page for the local component before you quote a price.

Affordability in this ZIP

Derived from the Census medians above — indicative, not an offer.

Rent burden
15%Median rent ÷ median income
Price-to-income
2.6×Home value ÷ household income
Est. mortgage
$900/mo20% down, 30-yr at 6.75%
Poverty rate
13.8%Residents below poverty line

A rent burden above 30% is the federal threshold for cost-burdened households, and a price-to-income multiple above 4× is generally considered a stretched housing market. The mortgage figure is principal and interest only — taxes, insurance and HOA dues are extra.

How 56243 compares

ZIP 56243 against the median ZIP in Meeker County and across Minnesota.

MeasureZIP 56243County medianState medianvs state
Median household income$65,625$74,063$75,417-13%
Median home value$173,400$214,700$221,650-22%
Median gross rent$832$832$925-10%
Population1,9682,2521,800+9%

Medians are computed across the 7 ZIP areas in Meeker County and the 880 ZIP areas in Minnesota.

Statewide rank

Where this ZIP places among all 880 Minnesota ZIP areas.

Income

richer than 25% of 862 state ZIPs

#647
Home value

above 29% of 856 state ZIPs

#608
Population

larger than 53% of 880 state ZIPs

#416

Comparable ZIP codes

Minnesota ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
55756Pine County$65,625$211,700
56180Redwood County$65,614$126,300$607
56347Todd County$65,650$178,900$925
55734St. Louis County$65,750$143,700$851
56647Beltrami County$65,781$215,500$883
56168Nobles County$65,417$163,200$725

Nearby ZIP codes

Other ZIP codes filed under Meeker County.

ZIP 56243 questions

Common questions about this ZIP code.

Where is ZIP code 56243?
ZIP 56243 lies mostly in Meeker County, Minnesota. County assignment follows the largest share of land area, so a ZIP straddling a county line is filed under its dominant county.
What sales tax do I pay in 56243?
Minnesota charges 6.875% statewide, plus any county, city or district rate that applies locally.
Is 56243 expensive to live in?
Median rent runs $832 a month, about 15% of median household income, and the median home is worth $173,400-22% against the typical Minnesota ZIP.
Is a ZCTA the same as a postal ZIP code?
Not exactly. The Census builds ZIP Code Tabulation Areas from the ZIP codes of addresses inside each census block, so a ZCTA can differ slightly from the USPS delivery route of the same number, and PO-box-only ZIPs have no ZCTA at all.

Related pages for this area.

Sources & transparency

Every figure on this page is a published estimate for ZIP Code Tabulation Area 56243, except the affordability ratios and mortgage estimate, which we derive from those medians and label as estimates.

Last reviewed December 2024. Figures are published for reference and can change; verify with the source agency before filing or contracting. How we build and check this data.