ZIP Code 56501 has segments in 2 Counties (Becker, Otter Tail).
The ZIP Code maps and database are updated 4 times per year.
Database updated: April 1, 2025, Maps updated: May 1, 2024.
POPULATION | |
---|---|
Total Population | 18,558 (100%) |
Population in Households | 18,171 (97.9%) |
Population in Families | 14,060 (75.8%) |
Population in Group Quarters1 | 387 ( 2.1%) |
Population Density | 97 |
Diversity Index2 | 26 |
INCOME | |
Median Household Income | $74,555 |
Average Household Income | $100,504 |
% of Income for Mortgage4 | 30% |
Per Capita Income | $42,413 |
Wealth Index5 | 104 |
Socioeconomic Status Index6 | Moderate (53.5) |
HOUSING | |
---|---|
Total HU (Housing Units) | 10,531 (100%) |
Owner Occupied HU | 5,575 (52.9%) |
Renter Occupied HU | 2,202 (20.9%) |
Vacant Housing Units | 2,754 (26.2%) |
Median Home Value | $358,267 |
Average Home Value | $443,332 |
Housing Affordability Index3 | 83 |
HOUSEHOLDS | |
Total Households | 7,777 |
Average Household Size | 2.34 |
Family Households | 4,703 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2024 | 2024-2029 |
---|---|---|
Population | 0.84% | 0.40% |
Households | 0.52% | 0.30% |
Families | 0.17% | |
Median Household Income | 2.17% | |
Per Capita Income | 2.43% | |
Owner Occupied HU | 0.88% |
The table below compares 56501 to the other 882 ZIP Codes in Minnesota by rank and percentile using July 1, 2024 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.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 109 | 88th |
Population Density | # 254 | 71st |
Median Household Income | # 560 | 37th |
Housing Affordability Index | # 176 | 20th |
Per Capita Income | # 377 | 57th |
Diversity Index | # 326 | 63rd |
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.