56444 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Crow Wing County
Centroid: Latitude 46.474, Longitude -93.905
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 56444 has segments in 2 Counties (Aitkin, Crow Wing).

Businesses Addresses: 95
PO Box Addresses: 257
Residential Addresses: 1,524

Multi-Family Addresses: 20
Single Family Addresses: 1,504

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

Deerwood, MN 56444 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	3,361 (100%)
Population in Households	3,307 (98.4%)
Population in Families	2,733 (81.3%)
Population in Group Quarters¹	54 ( 1.6%)
Population Density	51
Diversity Index²	10


INCOME
Median Household Income	$55,952
Average Household Income	$73,841
% of Income for Mortgage⁴	19%
Per Capita Income	$32,578
Wealth Index⁵	87

HOUSING
Total HU (Housing Units)	2,968 (100%)
Owner Occupied HU	1,251 (42.1%)
Renter Occupied HU	231 ( 7.8%)
Vacant Housing Units	1,486 (50.1%)
Median Home Value	$254,605
Average Home Value	$310,152
Housing Affordability Index³	136

HOUSEHOLDS
Total Households	1,482
Average Household Size	2.23
Family Households	1,033
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.

Deerwood, MN 56444 - Peer Comparisons by Rank and Percentile

The table below compares 56444 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	0.61%	0.65%
Households	0.66%	0.65%
Families	0.51%	0.57%
Median Household Income		1.15%
Per Capita Income		1.51%
Owner Occupied HU		0.79%

Variable Description	Rank	Percentile
Total Population	# 325	63rd
Population Density	# 332	62nd
Median Household Income	# 620	30th
Housing Affordability Index	# 101	11th
Per Capita Income	# 403	54th
Diversity Index	# 701	21st

Deerwood, MN 56444 ZIP Code Profile

ZIP Code 56444: Basic Data & USPS Preferred City Name

Deerwood, MN 56444 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Deerwood, MN 56444 - Peer Comparisons by Rank and Percentile

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