ZIP Code 56042 has segments in 2 Counties (Freeborn, Waseca).
The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2023, Maps updated: August 12, 2022.
POPULATION | |
---|---|
Total Population | 742 (100%) |
Population in Households | 740 (99.7%) |
Population in Families | 600 (80.9%) |
Population in Group Quarters1 | 2 ( 0.3%) |
Population Density | 12 |
Diversity Index2 | 22 |
INCOME | |
Median Household Income | $76,228 |
Average Household Income | $90,662 |
% of Income for Mortgage4 | 15% |
Per Capita Income | $37,067 |
Wealth Index5 | 85 |
HOUSING | |
---|---|
Total HU (Housing Units) | 333 (100%) |
Owner Occupied HU | 268 (80.5%) |
Renter Occupied HU | 43 (12.9%) |
Vacant Housing Units | 22 ( 6.6%) |
Median Home Value | $213,000 |
Average Home Value | $273,228 |
Housing Affordability Index3 | 183 |
HOUSEHOLDS | |
Total Households | 311 |
Average Household Size | 2.38 |
Family Households | 214 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2022 | 2022-2027 |
---|---|---|
Population | -0.65% | -0.27% |
Households | -0.43% | -0.26% |
Families | -0.19% | |
Median Household Income | 1.99% | |
Per Capita Income | 3.26% | |
Owner Occupied HU | -0.07% |
The table below compares 56042 to the other 878 ZIP Codes in Minnesota by rank and percentile using July 1, 2022 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 | # 634 | 28th |
Population Density | # 625 | 29th |
Median Household Income | # 348 | 60th |
Housing Affordability Index | # 680 | 77th |
Per Capita Income | # 447 | 49th |
Diversity Index | # 379 | 57th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.