ZIP Code 56118 has segments in 2 Counties (Cottonwood, Jackson).
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 | 434 (100%) |
Population in Households | 415 (95.6%) |
Population in Families | 355 (81.8%) |
Population in Group Quarters1 | 19 ( 4.4%) |
Population Density | 8 |
Diversity Index2 | 21 |
INCOME | |
Median Household Income | $68,757 |
Average Household Income | $86,858 |
% of Income for Mortgage4 | 14% |
Per Capita Income | $33,136 |
Wealth Index5 | 73 |
HOUSING | |
---|---|
Total HU (Housing Units) | 188 (100%) |
Owner Occupied HU | 129 (68.6%) |
Renter Occupied HU | 36 (19.1%) |
Vacant Housing Units | 23 (12.2%) |
Median Home Value | $184,259 |
Average Home Value | $212,403 |
Housing Affordability Index3 | 191 |
HOUSEHOLDS | |
Total Households | 165 |
Average Household Size | 2.52 |
Family Households | 120 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2022 | 2022-2027 |
---|---|---|
Population | -1.01% | 0.18% |
Households | 0.82% | 0.48% |
Families | 0.50% | |
Median Household Income | 2.57% | |
Per Capita Income | 2.23% | |
Owner Occupied HU | 1.06% |
The table below compares 56118 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 | # 723 | 18th |
Population Density | # 737 | 16th |
Median Household Income | # 509 | 42nd |
Housing Affordability Index | # 710 | 81st |
Per Capita Income | # 697 | 21st |
Diversity Index | # 391 | 56th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.