56060 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Watonwan County
Centroid: Latitude 43.924, Longitude -94.433
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 56060 has segments in 2 Counties (Blue Earth, Watonwan).

Businesses Addresses: 15
PO Box Addresses: 106
Residential Addresses: 94

Multi-Family Addresses: 0
Single Family Addresses: 94

The ZIP Code maps and database are updated 4 times per year.
Database updated: April 1, 2020, Maps updated: May 1, 2020.

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Lewisville, MN 56060 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX
Lewisville, MN 56060 Housing Affordability Index is 296 State of Minnesota Housing Affordability Index is 135
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX
Lewisville, MN 56060 Wealth Index is 103 State of Minnesota Wealth Index is 112
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

POPULATION
Total Population	479 (100%)
Population in Households	479 (100.0%)
Population in Families	413 (86.2%)
Population in Group Quarters¹	0
Population Density	13
Diversity Index²	23

INCOME
Median Household Income	$59,811
Average Household Income	$81,430
Per Capita Income	$33,490
Wealth Index⁴	103

HOUSING
Total Housing Units	231 (100%)
Owner Occupied HU	161 (69.7%)
Renter Occupied HU	36 (15.6%)
Vacant Housing Units	34 (14.7%)
Median Home Value	$111,000
Housing Affordability Index³	296

HOUSEHOLDS
Total Households	197
Average Household Size	2.43
Family Households	145
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
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.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Lewisville, MN 56060 - Peer Comparisons by Rank and Percentile

The table below compares 56060 to the other 883 ZIP Codes in Minnesota by rank and percentile using July 1, 2019 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.

GROWTH RATE / YEAR	2010-2019	2019-2024
Population	-0.02%	-0.13%
Households	-0.05%	-0.1%
Families	-0.07%	-0.28%
Median Household Income		3.18%
Per Capita Income		2.79%

Variable Description	Rank	Percentile
Total Population	# 722	18th
Population Density	# 626	29th
Diversity Index	# 258	71st
Median Household Income	# 457	48th
Per Capita Income	# 336	62nd

Lewisville, MN 56060 ZIP Code Profile

ZIP Code 56060: Basic Data & USPS Preferred City Name

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Lewisville, MN 56060 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

WEALTH INDEX

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Lewisville, MN 56060 - Peer Comparisons by Rank and Percentile

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