Graceville, MN 56240 ZIP Code Profile

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Graceville, MN

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ZIP Code 56240: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Graceville, MN 56240

  • ZIP Code Type: STANDARD
  • Businesses Addresses: 46
  • Single Family Addresses: 229
  • Multi-Family Addresses: 57
  • County: Big Stone County
  • Centroid: Latitude 45.569, Longitude -96.437
  • Time Zone: Central Time Zone (UTC -6 hours)
  • Observes DST: Yes

ZIP Code 56240 has segments in 2 Counties (Big Stone, Traverse).

Neighborhood Data

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56240 ZIP Code Map

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Graceville, MN 56240 Data & Demographics (As of July 1, 2017)


Total Population 994
Daytime Population: Workers 450
Daytime Population: Residents 444
Total Daytime Population (TDP) 894
Ratio TDP/Total Population1 0.90
Population in Households 947
Population in Familes 736
Population in Group Qrtrs 47
Population Density2 8
Diversity Index3 4


Median Household Income $44,555
Average Household Income $60,550
Per Capita Income $24,947


Total Housing Units 465 (100%)
Owner Occupied HU 312 (67.1%)
Renter Occupied HU 89 (19.1%)
Vacant Housing Units 64 (13.8%)
Median Home Value $89,474
Average Home Value $129,728


Total Households 401
Average Household Size 2.36
Family Households 238
Average Family Size 3
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.


2010-2017 2017-2022
Population 0.04% -0.51%
Households 0.1% -0.5%
Families 0.0% -0.51%
Median Household Income   2.9%
Per Capita Income   3.06%

Graceville, MN 56240 - Peer Comparisons by Rank and Percentile

The table below compares 56240 to the other 883 ZIP Codes in Minnesota by rank and percentile using July 1, 2017 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 579 35th
Population Density # 734 17th
Diversity Index # 859 3rd
Median Household Income # 777 12th
Per Capita Income # 759 14th

Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.

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