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ZIP Code 56023

Faribault, Minnesota

FIPS 56023

Juniper

ZIP Code 56023 is in the top 23% nationally for price-to-income ratio. It also sits in the 32th percentile nationally for median home value.

Median Home Value

$150,000

Lower than 68% of U.S. ZIP codes

FEMA Risk Score

63.3

Near the U.S. ZIP codes median

The basics

Total Population

559

Median Age

39.8

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$150,000

Lower than 68%

Median Property Tax

$960

Effective Tax Rate

1%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

1.92

Lower than 77%

Median Rent

$986

Higher than 59%

Climate & weather

Ranked against U.S. ZIP codes.

Summer Avg High (°F)

80.2

Winter Avg Low (°F)

9.5

Avg Temperature (°F)

45.6

Hot Days/yr (>90°F)

9.7

Freezing Days/yr (<32°F)

159

Annual Precipitation (in)

34

Annual Snowfall (in)

47.2

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

63.3

Near median

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Environment & Risk

ZIP Code 56023: frequently asked questions

What is the median home value in ZIP Code 56023?
The median home value in ZIP Code 56023 is $150,000, lower than 68% of U.S. ZIP codes.
How much is property tax in ZIP Code 56023?
The median annual property tax in ZIP Code 56023 is $960, an effective rate of 1% of home value.
Is ZIP Code 56023 expensive to live in?
Homes in ZIP Code 56023 cost about 1.92× the median household income, lower than 77% of U.S. ZIP codes.
What is the average rent in ZIP Code 56023?
The median gross rent in ZIP Code 56023 is $986 a month, higher than 59% of U.S. ZIP codes.
What is the weather like in ZIP Code 56023?
ZIP Code 56023 averages 45.6°F year-round, summer highs near 80.2°F, winter lows around 9.5°F (NOAA 1991–2020 normals). It sees about 47.2 inches of snow a year.
Is ZIP Code 56023 at risk of flooding or natural disasters?
ZIP Code 56023's FEMA National Risk Index score is 63.3 (near the U.S. ZIP codes median). Its greatest modeled natural hazard is tornado.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap, EPA. Explore the map →