56353 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Mille Lacs County
Centroid: Latitude 45.753, Longitude -93.651
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 56353 has segments in 3 Counties (Isanti, Mille Lacs, Morrison).

Businesses Addresses: 239
PO Box Addresses: 98
Residential Addresses: 3,859

Multi-Family Addresses: 401
Single Family Addresses: 3,458

The ZIP Code maps and database are updated 4 times per year.
Database updated: October 1, 2023, Maps updated: August 11, 2023.

Milaca, MN 56353 Data & Demographics (As of July 1, 2023)

POPULATION
Total Population	9,642 (100%)
Population in Households	9,494 (98.5%)
Population in Families	7,631 (79.1%)
Population in Group Quarters¹	148 ( 1.5%)
Population Density	51
Diversity Index²	14


INCOME
Median Household Income	$66,555
Average Household Income	$87,597
% of Income for Mortgage⁴	21%
Per Capita Income	$34,333
Wealth Index⁵	67
Socioeconomic Status Index⁶	Moderate (47.9)

HOUSING
Total HU (Housing Units)	4,047 (100%)
Owner Occupied HU	3,039 (75.1%)
Renter Occupied HU	737 (18.2%)
Vacant Housing Units	271 ( 6.7%)
Median Home Value	$231,982
Average Home Value	$254,886
Housing Affordability Index³	113

HOUSEHOLDS
Total Households	3,776
Average Household Size	2.51
Family Households	2,480
Average Family Size	3.00

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.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Milaca, MN 56353 - Peer Comparisons by Rank and Percentile

The table below compares 56353 to the other 878 ZIP Codes in Minnesota by rank and percentile using July 1, 2023 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	2020-2023	2023-2028
Population	0.71%	0.29%
Households	1.06%	0.53%
Families		0.39%
Median Household Income		2.02%
Per Capita Income		2.77%
Owner Occupied HU		0.82%

Variable Description	Rank	Percentile
Total Population	# 173	80th
Population Density	# 323	63rd
Median Household Income	# 566	36th
Housing Affordability Index	# 447	51st
Per Capita Income	# 675	23rd
Diversity Index	# 660	25th

56353 ZIP Code Profile, Map, Data & Demographics

ZIP Code 56353: Basic Data & USPS Preferred City Name

Milaca, MN 56353 Data & Demographics (As of July 1, 2023)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Milaca, MN 56353 - Peer Comparisons by Rank and Percentile

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