ZIP Code 56531 has segments in 2 Counties (Grant, 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 | 2,230 (100%) |
Population in Households | 2,213 (99.2%) |
Population in Families | 1,732 (77.7%) |
Population in Group Quarters1 | 17 ( 0.8%) |
Population Density | 13 |
Diversity Index2 | 17 |
INCOME | |
Median Household Income | $66,985 |
Average Household Income | $86,062 |
% of Income for Mortgage4 | 17% |
Per Capita Income | $34,552 |
Wealth Index5 | 76 |
Socioeconomic Status Index6 | Moderate (46.6) |
HOUSING | |
---|---|
Total HU (Housing Units) | 1,057 (100%) |
Owner Occupied HU | 675 (63.9%) |
Renter Occupied HU | 220 (20.8%) |
Vacant Housing Units | 162 (15.3%) |
Median Home Value | $176,651 |
Average Home Value | $257,407 |
Housing Affordability Index3 | 149 |
HOUSEHOLDS | |
Total Households | 895 |
Average Household Size | 2.47 |
Family Households | 556 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2024 | 2024-2029 |
---|---|---|
Population | 1.37% | 0.61% |
Households | 0.48% | 0.53% |
Families | 0.04% | |
Median Household Income | 2.43% | |
Per Capita Income | 2.55% | |
Owner Occupied HU | 0.61% |
The table below compares 56531 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 | # 395 | 55th |
Population Density | # 616 | 30th |
Median Household Income | # 676 | 23rd |
Housing Affordability Index | # 786 | 89th |
Per Capita Income | # 738 | 16th |
Diversity Index | # 587 | 34th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.