NeighborhoodRanked

Zip Code 56340

MN · Population: 2,294

A
84/100
88
A
Safety
90
A+
Affordability
67
B
Quality of Life
89
A
Jobs
Zip 56340, MN — boundary highlighted© OpenFreeMap · OpenStreetMap · US Census

About Zip Code 56340

Zip code 56340 is located in Minnesota and is home to approximately 2,294 residents. It receives an overall grade of A (score: 84/100), based on safety, affordability, quality of life, and employment metrics.

This area has significantly lower crime rates than most of the country, making it one of the safer places to live.

With a median household income of $88,176 and home values around $259,700, this zip code offers strong affordability. Residents typically spend a manageable share of their income on housing.

Educational attainment is below the national average, with 14.5% of adults holding a bachelor's degree or higher.

The local job market is strong, with an unemployment rate of just 1.4%.

Scores are percentile-based: a score of 85 means this zip code ranks better than 85% of all US zip codes on that dimension. Data is sourced from the US Census Bureau (ACS 5-year estimates) and the FBI Uniform Crime Report.

Demographics & Economics

Median Income
$88,176
Home Value
$259,700
Rent
$956/mo
Median Age
39
College Educated
14.5%
Unemployment
1.4%
Owner-Occupied
93.1%
Rent Burden
13% of income

Score Breakdown

DimensionScoreGradeInterpretation
Safety88ALower crime = higher score
Affordability90A+Lower cost relative to income = higher
Quality of Life67BEducation, commute, ownership
Jobs & Economy89ALower unemployment = higher
Overall84AWeighted average

Methodology

All scores are percentile-based (0–100): a score of 85 means this zip code ranks better than 85% of all US zip codes on that metric. Safety uses FBI Uniform Crime Report state-level data (Phase 2 will add zip-level granularity). Economic and demographic data is from the US Census Bureau American Community Survey (ACS) 5-year estimates (2022).