56472 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Crow Wing County
Centroid: Latitude 46.616, Longitude -94.281
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 56472 has segments in 2 Counties (Cass, Crow Wing).

Businesses Addresses: 298
PO Box Addresses: 374
Residential Addresses: 4,620

Multi-Family Addresses: 341
Single Family Addresses: 4,279

Foreclosures in MN 56472

The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2023, Maps updated: August 12, 2022.

Pequot Lakes, MN 56472 Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	8,329 (100%)
Population in Households	8,274 (99.3%)
Population in Families	6,777 (81.4%)
Population in Group Quarters¹	55 ( 0.7%)
Population Density	50
Diversity Index²	12


INCOME
Median Household Income	$67,544
Average Household Income	$89,860
% of Income for Mortgage⁴	21%
Per Capita Income	$37,348
Wealth Index⁵	86

HOUSING
Total HU (Housing Units)	6,025 (100%)
Owner Occupied HU	2,874 (47.7%)
Renter Occupied HU	571 ( 9.5%)
Vacant Housing Units	2,581 (42.8%)
Median Home Value	$264,890
Average Home Value	$322,745
Housing Affordability Index³	126

HOUSEHOLDS
Total Households	3,444
Average Household Size	2.40
Family Households	2,356
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.

Pequot Lakes, MN 56472 - Peer Comparisons by Rank and Percentile

The table below compares 56472 to the other 878 ZIP Codes in Minnesota by rank and percentile using July 1, 2022 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	2020-2022	2022-2027
Population	1.13%	0.87%
Households	1.28%	0.99%
Families		0.98%
Median Household Income		2.00%
Per Capita Income		2.37%
Owner Occupied HU		1.20%

Variable Description	Rank	Percentile
Total Population	# 191	78th
Population Density	# 327	63rd
Median Household Income	# 536	39th
Housing Affordability Index	# 194	22nd
Per Capita Income	# 425	52nd
Diversity Index	# 763	14th

56472 ZIP Code Profile, Map, Data & Demographics

ZIP Code 56472: Basic Data & USPS Preferred City Name

Pequot Lakes, MN 56472 Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Pequot Lakes, MN 56472 - Peer Comparisons by Rank and Percentile

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Crow Wing County