ZIP Code 56514 has segments in 3 Counties (Clay, Otter Tail, Wilkin).
The ZIP Code maps and database are updated 4 times per year.
Database updated: June 1, 2025, Maps updated: May 1, 2024.
POPULATION | |
---|---|
Total Population | 3,959 (100%) |
Population in Households | 3,914 (98.9%) |
Population in Families | 3,288 (83.1%) |
Population in Group Quarters1 | 45 ( 1.1%) |
Population Density | 25 |
Diversity Index2 | 14 |
INCOME | |
Median Household Income | $81,714 |
Average Household Income | $107,993 |
% of Income for Mortgage4 | 22% |
Per Capita Income | $41,024 |
Wealth Index5 | 89 |
Socioeconomic Status Index6 | Moderate (60.3) |
HOUSING | |
---|---|
Total HU (Housing Units) | 1,584 (100%) |
Owner Occupied HU | 1,246 (78.7%) |
Renter Occupied HU | 256 (16.2%) |
Vacant Housing Units | 82 ( 5.2%) |
Median Home Value | $289,750 |
Average Home Value | $309,394 |
Housing Affordability Index3 | 100 |
HOUSEHOLDS | |
Total Households | 1,502 |
Average Household Size | 2.61 |
Family Households | 1,048 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2025 | 2025-2030 |
---|---|---|
Population | 1.07% | 0.55% |
Households | 1.31% | 0.79% |
Families | 0.27% | |
Median Household Income | 3.49% | |
Per Capita Income | 2.56% | |
Owner Occupied HU | 0.98% |
The table below compares 56514 to the other 882 ZIP Codes in Minnesota by rank and percentile using July 1, 2025 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 | # 295 | 67th |
Population Density | # 451 | 49th |
Median Household Income | # 388 | 56th |
Housing Affordability Index | # 534 | 61st |
Per Capita Income | # 432 | 51st |
Diversity Index | # 724 | 17th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.