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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

ZIP 56754 in context

How this area compares with national benchmarks.

ZIP 56754 is a very small community in Pennington County, Minnesota, with 495 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #699 of 880 ranked by population — larger than 20% of them. The median age here is 45.6 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in ZIP 56754 earn a median of $79,063 a year, essentially level with the national figure of $78,538. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 7.3% of residents here, below the 12.4% national rate.

The typical owner-occupied home in ZIP 56754 is valued at $197,100, 35% below the national figure, while median gross rent runs $1,115 a month, 20.7% below the national figure, or roughly $13,380 across a full year. A household on the local median income would put about 16.9% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 2.5×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 87.1% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.

With 495 residents, a handful of survey responses moves every median on this page. Compare ZIP 56754 against its county rather than against national figures.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Reading ZIP 56754 in context

How 56754 sits inside Pennington County and Minnesota.

ZIP 56754 is tabulated inside Pennington County, Minnesota, one of 3 ZIP areas the Census publishes for that county and 880 across Minnesota. This is one of the smallest tabulated ZIP areas in the state, the kind of rural route where a single subdivision or farm cluster accounts for most addresses. County assignment on this page follows the largest share of the ZIP's land area, which matters where a delivery route crosses a county line: mail addressed to 56754 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 56754 reports a median household income of $79,063, 8% above the $73,243 county median, and 5% above the $75,417 typical MN ZIP. Owner-occupied homes are valued at a median of $197,100, close to the county figure and 11% below the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at $1,115 a month, which is why it reads higher than the advertised rent on a listing for the same unit.

Minnesota charges 6.875% statewide, and local governments overlapping 56754 may add county, city or special-district levies on top. We publish the state floor for this ZIP rather than guessing a combined figure, because ZIP boundaries and taxing-district boundaries were drawn for different purposes and do not line up.

Everything above comes from the Census Bureau American Community Survey 2019-2023 ACS 5-year estimates for this ZIP Code Tabulation Area, with sales tax rates traced to the state revenue agency. Five-year estimates pool sixty months of responses, so they are stable enough to compare 56754 with its neighbours but always trail the current year, and any value the Census suppressed for sample size is shown as unpublished rather than filled in with a model.

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.

Adjacent ZIP Codes

Other ZIP codes in Pennington County, Minnesota.

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.