56468 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Crow Wing County
Centroid: Latitude 46.505, Longitude -94.283
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 56468 has segments in 2 Counties (Cass, Crow Wing).

Businesses Addresses: 239
PO Box Addresses: 347
Residential Addresses: 2,443

Multi-Family Addresses: 7
Single Family Addresses: 2,436

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

Nisswa, MN 56468 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	5,061 (100%)
Population in Households	5,060 (100.0%)
Population in Families	4,212 (83.2%)
Population in Group Quarters¹	1 ( 0.0%)
Population Density	90
Diversity Index²	10


INCOME
Median Household Income	$65,767
Average Household Income	$88,037
% of Income for Mortgage⁴	19%
Per Capita Income	$38,252
Wealth Index⁵	123

HOUSING
Total HU (Housing Units)	4,060 (100%)
Owner Occupied HU	1,934 (47.6%)
Renter Occupied HU	265 ( 6.5%)
Vacant Housing Units	1,861 (45.8%)
Median Home Value	$296,053
Average Home Value	$371,717
Housing Affordability Index³	140

HOUSEHOLDS
Total Households	2,199
Average Household Size	2.3
Family Households	1,566
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.

Nisswa, MN 56468 - Peer Comparisons by Rank and Percentile

The table below compares 56468 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	0.84%	0.76%
Households	0.85%	0.77%
Families	0.73%	0.69%
Median Household Income		1.27%
Per Capita Income		1.35%
Owner Occupied HU		0.84%

Variable Description	Rank	Percentile
Total Population	# 254	71st
Population Density	# 264	70th
Median Household Income	# 330	63rd
Housing Affordability Index	# 114	13th
Per Capita Income	# 170	81st
Diversity Index	# 702	21st

Nisswa, MN 56468 ZIP Code Profile

ZIP Code 56468: Basic Data & USPS Preferred City Name

Nisswa, MN 56468 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Nisswa, MN 56468 - Peer Comparisons by Rank and Percentile

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