Wood Lake, MN 56297 ZIP Code Profile

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Wood Lake, MN
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ZIP Code 56297: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Wood Lake, MN 56297

  • ZIP Code Type: STANDARD
  • Businesses Addresses: 24
  • Single Family Addresses: 180
  • Multi-Family Addresses: 0
  • County: Yellow Medicine County
  • Centroid: Latitude 44.652, Longitude -95.541
  • Time Zone: Central Time Zone (UTC -6 hours)
  • Observes DST: Yes

ZIP Code 56297 has segments in 3 Counties (Lyon, Redwood, Yellow Medicine).


Neighborhood Data

Address Based Hyperlocal Data Input an address and get data & demographics for the pertinent census block group (CBG), a searchable map and a customized directory. The CBG is the smallest geographical unit used by the Census Bureau for reporting certain data.


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56297 ZIP Code Map

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Wood Lake, MN 56297 Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 856
Daytime Population: Workers 267
Daytime Population: Residents 365
Total Daytime Population (TDP) 632
Ratio TDP/Total Population1 0.74
Population in Households 855
Population in Familes 711
Population in Group Qrtrs 1
Population Density2 12
Diversity Index3 30
 

INCOME

Median Household Income $58,418
Average Household Income $72,802
Per Capita Income $28,586

HOUSING

Total Housing Units 371 (100%)
Owner Occupied HU 278 (74.9%)
Renter Occupied HU 58 (15.6%)
Vacant Housing Units 35 ( 9.4%)
Median Home Value $96,392
Average Home Value $148,651
 

HOUSEHOLDS

Total Households 336
Average Household Size 2.54
Family Households 235
Average Family Size 3
NOTES
  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.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population -0.52% -0.93%
Households -0.52% -0.91%
Families -0.63% -0.95%
Median Household Income   3.45%
Per Capita Income   3.47%

Wood Lake, MN 56297 - Peer Comparisons by Rank and Percentile

The table below compares 56297 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 # 615 30th
Population Density # 637 28th
Diversity Index # 181 80th
Median Household Income # 360 59th
Per Capita Income # 524 41st

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


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