56071 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Scott County
Centroid: Latitude 44.562, Longitude -93.565
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 56071 has segments in 3 Counties (Le Sueur, Rice, Scott).

Businesses Addresses: 322
PO Box Addresses: 71
Residential Addresses: 4,906

Multi-Family Addresses: 390
Single Family Addresses: 4,516

The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2021, Maps updated: May 5, 2021.

New Prague, MN 56071 Data & Demographics (As of July 1, 2021)

POPULATION
Total Population	13,574 (100%)
Population in Households	13,488 (99.4%)
Population in Families	11,676 (86.0%)
Population in Group Quarters¹	86 ( 0.6%)
Population Density	155
Diversity Index²	14


INCOME
Median Household Income	$93,704
Average Household Income	$112,700
% of Income for Mortgage⁴	15%
Per Capita Income	$40,650
Wealth Index⁵	136

HOUSING
Total HU (Housing Units)	5,057 (100%)
Owner Occupied HU	4,090 (80.9%)
Renter Occupied HU	805 (15.9%)
Vacant Housing Units	162 ( 3.2%)
Median Home Value	$333,473
Average Home Value	$372,879
Housing Affordability Index³	160

HOUSEHOLDS
Total Households	4,895
Average Household Size	2.76
Family Households	3,637
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 races 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 % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
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.

New Prague, MN 56071 - Peer Comparisons by Rank and Percentile

The table below compares 56071 to the other 879 ZIP Codes in Minnesota by rank and percentile using July 1, 2021 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	2010-2021	2021-2026
Population	1.11%	1.34%
Households	1.13%	1.31%
Families	1.0%	1.22%
Median Household Income		1.92%
Per Capita Income		2.13%
Owner Occupied HU		1.63%

Variable Description	Rank	Percentile
Total Population	# 145	84th
Population Density	# 223	75th
Median Household Income	# 83	91st
Housing Affordability Index	# 266	30th
Per Capita Income	# 132	85th
Diversity Index	# 492	44th

56071 ZIP Code Profile, Map, Data & Demographics

ZIP Code 56071: Basic Data & USPS Preferred City Name

New Prague, MN 56071 Data & Demographics (As of July 1, 2021)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

New Prague, MN 56071 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 56071

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