ZIP Code 56240 has segments in 2 Counties (Big Stone, Traverse).
The ZIP Code maps and database are updated 4 times per year.
Database updated: April 1, 2024, Maps updated: February 2, 2024.
POPULATION | |
---|---|
Total Population | 896 (100%) |
Population in Households | 866 (96.7%) |
Population in Families | 716 (79.9%) |
Population in Group Quarters1 | 30 ( 3.3%) |
Population Density | 7 |
Diversity Index2 | 13 |
INCOME | |
Median Household Income | $58,722 |
Average Household Income | $84,653 |
% of Income for Mortgage4 | 13% |
Per Capita Income | $33,784 |
Wealth Index5 | 73 |
Socioeconomic Status Index6 | Moderate (59.6) |
HOUSING | |
---|---|
Total HU (Housing Units) | 432 (100%) |
Owner Occupied HU | 278 (64.4%) |
Renter Occupied HU | 79 (18.3%) |
Vacant Housing Units | 75 (17.4%) |
Median Home Value | $125,735 |
Average Home Value | $177,788 |
Housing Affordability Index3 | 189 |
HOUSEHOLDS | |
Total Households | 357 |
Average Household Size | 2.43 |
Family Households | 234 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | -1.56% | -0.13% |
Households | -0.68% | 0.11% |
Families | -0.43% | |
Median Household Income | 4.88% | |
Per Capita Income | 2.97% | |
Owner Occupied HU | 0.14% |
The table below compares 56240 to the other 878 ZIP Codes in Minnesota by rank and percentile using July 1, 2023 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 | # 589 | 33rd |
Population Density | # 745 | 15th |
Median Household Income | # 731 | 17th |
Housing Affordability Index | # 827 | 94th |
Per Capita Income | # 708 | 19th |
Diversity Index | # 730 | 17th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.