56228 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Meeker County
Centroid: Latitude 44.939, Longitude -94.697
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 56228 has segments in 2 Counties (Meeker, Renville).

Businesses Addresses: 22
PO Box Addresses: 187
Residential Addresses: 216

Multi-Family Addresses: 12
Single Family Addresses: 204

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

Cosmos, MN 56228 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	836 (100%)
Population in Households	836 (100.0%)
Population in Families	669 (80.0%)
Population in Group Quarters¹	0
Population Density	15
Diversity Index²	11


INCOME
Median Household Income	$59,227
Average Household Income	$74,829
% of Income for Mortgage⁴	9%
Per Capita Income	$33,655
Wealth Index⁵	74

HOUSING
Total HU (Housing Units)	429 (100%)
Owner Occupied HU	313 (73.0%)
Renter Occupied HU	63 (14.7%)
Vacant Housing Units	53 (12.4%)
Median Home Value	$126,111
Average Home Value	$168,450
Housing Affordability Index³	292

HOUSEHOLDS
Total Households	376
Average Household Size	2.22
Family Households	243
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.

Cosmos, MN 56228 - Peer Comparisons by Rank and Percentile

The table below compares 56228 to the other 879 ZIP Codes in Minnesota by rank and percentile using July 1, 2020 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	2010-2020	2020-2025
Population	-0.01%	0.0%
Households	-0.03%	0.05%
Families	-0.16%	-0.17%
Median Household Income		2.39%
Per Capita Income		1.78%
Owner Occupied HU		0.13%

Variable Description	Rank	Percentile
Total Population	# 627	29th
Population Density	# 588	34th
Median Household Income	# 522	41st
Housing Affordability Index	# 770	88th
Per Capita Income	# 333	62nd
Diversity Index	# 612	31st

Cosmos, MN 56228 ZIP Code Profile

ZIP Code 56228: Basic Data & USPS Preferred City Name

Cosmos, MN 56228 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Cosmos, MN 56228 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 56228

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