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Wood Lake, MN 56297 ZIP Code Profile

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Wood Lake, MN

Photos of the local Wood Lake, MN area

ZIP Code 56297: Basic Data & USPS Preferred City Name

Preferred Name, USPS

Wood Lake, MN 56297

ZIP Code Type: STANDARD
County: Yellow Medicine County
Centroid: Latitude 44.652, Longitude -95.541
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 56297 has segments in 3 Counties (Lyon, Redwood, Yellow Medicine).

Businesses Addresses: 25
PO Box Addresses: 161
Residential Addresses: 182

Multi-Family Addresses: 0
Single Family Addresses: 182

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

EXTREMELY LOCAL Demographic Data

56297 ZIP Code Map

Wood Lake, MN 56297 Data & Demographics (As of July 1, 2017)

POPULATION
Total Population	856
Daytime Population: Workers	267
Daytime Population: Residents	365
Total Daytime Population (TDP)	632
Ratio TDP/Total Population¹	0.74
Population in Households	855
Population in Familes	711
Population in Group Qrtrs	1
Population Density²	12
Diversity Index³	30

INCOME
Median Household Income	$58,418
Average Household Income	$72,802
Per Capita Income	$28,586

HOUSING
Total Housing Units	371 (100%)
Owner Occupied HU	278 (74.9%)
Renter Occupied HU	58 (15.6%)
Vacant Housing Units	35 ( 9.4%)
Median Home Value	$96,392
Average Home Value	$148,651

HOUSEHOLDS
Total Households	336
Average Household Size	2.54
Family Households	235
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	-0.52%	-0.93%
Households	-0.52%	-0.91%
Families	-0.63%	-0.95%
Median Household Income		3.45%
Per Capita Income		3.47%

Wood Lake, MN 56297 - Peer Comparisons by Rank and Percentile

The table below compares 56297 to the other 883 ZIP Codes in Minnesota by rank and percentile using July 1, 2017 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.