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ZipNumbers

Pennington County · Minnesota

ZIP code 56754

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 56754 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
495

ZCTA residents

Median income
$79,063

Household, past 12 months

Median home
$197,100

Owner-occupied value

Sales tax
6.875%

Minnesota state rate

Quick answer

ZIP 56754 sits in Pennington County, Minnesota and is home to 495 people. Median household income is $79,063, the median home is worth $197,100 and median gross rent is $1,115. 87.1% of households own their home, and purchases are taxed at 6.875% (Minnesota state rate).

County
Pennington County

FIPS 27113

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 56754

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

Population
495ZIP 56754 residents
Median household income
$79,063Past 12 months, inflation adjusted
Median home value
$197,100Owner-occupied units
Median gross rent
$1,115Rent plus utilities, monthly
Median age
45.6 yrsAll residents
Homeownership rate
87.1%Owner-occupied households

Sales tax in 56754

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
17%Median rent ÷ median income
Price-to-income
2.5×Home value ÷ household income
Est. mortgage
$1,023/mo20% down, 30-yr at 6.75%
Poverty rate
7.3%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 56754 compares

ZIP 56754 against the median ZIP in Pennington County and across Minnesota.

MeasureZIP 56754County medianState medianvs state
Median household income$79,063$73,243$75,417+5%
Median home value$197,100$197,100$221,650-11%
Median gross rent$1,115$1,115$925+21%
Population4959251,800-72%

Medians are computed across the 3 ZIP areas in Pennington County and the 880 ZIP areas in Minnesota.

Statewide rank

Where this ZIP places among all 880 Minnesota ZIP areas.

Income

richer than 57% of 862 state ZIPs

#368
Home value

above 40% of 856 state ZIPs

#514
Population

larger than 21% of 880 state ZIPs

#699

Comparable ZIP codes

Minnesota ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
55783Pine County$79,052$240,900$1,204
55976Olmsted County$79,044$277,700$977
56041Brown County$79,107$185,700$817
55918Mower County$79,125$147,700$807
55990Fillmore County$78,958$214,800$881
55936Mower County$79,196$210,000$725

Nearby ZIP codes

Other ZIP codes filed under Pennington County.

ZIP 56754 questions

Common questions about this ZIP code.

Where is ZIP code 56754?
ZIP 56754 lies mostly in Pennington 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 56754?
Minnesota charges 6.875% statewide, plus any county, city or district rate that applies locally.
Is 56754 expensive to live in?
Median rent runs $1,115 a month, about 17% of median household income, and the median home is worth $197,100-11% 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 56754, 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.