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Graceville, MN 56240 ZIP Code Profile

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Graceville, MN

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ZIP Code 56240: Basic Data & USPS Preferred City Name

Preferred Name, USPS

Graceville, MN 56240

ZIP Code Type: STANDARD
County: Big Stone County
Centroid: Latitude 45.569, Longitude -96.437
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 56240 has segments in 2 Counties (Big Stone, Traverse).

Businesses Addresses: 46
PO Box Addresses: 126
Residential Addresses: 285

Multi-Family Addresses: 58
Single Family Addresses: 227

The ZIP Code maps and database are updated 4 times per year.
Database updated: August 1, 2018, Maps updated: August 1, 2018.

EXTREMELY LOCAL Demographic Data

56240 ZIP Code Map

Graceville, MN 56240 Data & Demographics (As of July 1, 2018)

POPULATION
Total Population	961
Population in Households	914
Population in Familes	705
Population in Group Qrtrs	47
Population Density²	8
Diversity Index³	5

INCOME
Median Household Income	$49,054
Average Household Income	$62,386
Per Capita Income	$25,725

HOUSING
Total Housing Units	468 (100%)
Owner Occupied HU	309 (66.0%)
Renter Occupied HU	79 (16.9%)
Vacant Housing Units	80 (17.1%)
Median Home Value	$93,202
Average Home Value	$137,055

HOUSEHOLDS
Total Households	388
Average Household Size	2.36
Family Households	229
Average Family Size	3

NOTES

If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
Population Density = Total Population per square mile.
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.

GROWTH RATE / YEAR	2010-2017	2017-2022
Population	-0.41%	-0.46%
Households	-0.37%	-0.47%
Families	-0.52%	-0.62%
Median Household Income		0.74%
Per Capita Income		1.8%

Graceville, MN 56240 - Peer Comparisons by Rank and Percentile

The table below compares 56240 to the other 881 ZIP Codes in Minnesota by rank and percentile using July 1, 2018 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.