ZIP 56533 · Elizabeth, Minnesota

Population

286 people call ZIP 56533 home.

286

people.

Census ACS 5-year, 2020-2024. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year

Rent

Median rent is up 207% since the 2010–2014 survey, before inflation.

$1,150

a month. Minnesota's median is $1,280.

Census ACS 5-year, 2015-2019 (latest), with earlier 5-year windows. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year

Room to build

The median rent is above what local wages can carry.

$471–$707

is the monthly rent range local workforce wages support.

• $1,150 median

Supportable rent computed by the Almanac from 2023 source wage data. Median rent: Census ACS 5-year, 2015-2019. Sources: Computed by the Almanac, Census ACS 5-year

Building

Most of the housing here is older than 2000.

• 83% of all homes were built before 2000

Census ACS 5-year, 2020-2024. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year

Units needed

None of three estimates finds a housing shortfall here.

0

is the estimated number of missing housing units, from the lowest to the highest of three estimates.

Range computed by the Almanac from 2023 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac

Home value

A median home costs 51% less than Minnesota's.

$162,500

median home value in ZIP 56533.

• $162,500 ZIP 56533
• $329,300 Minnesota
• $332,700 U.S.

Census ACS 5-year, 2020-2024. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year