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: January 1, 2023, Maps updated: August 12, 2022.
POPULATION | |
---|---|
Total Population | 2,048 (100%) |
Population in Households | 2,027 (99.0%) |
Population in Families | 1,591 (77.7%) |
Population in Group Quarters1 | 21 ( 1.0%) |
Population Density | 13 |
Diversity Index2 | 16 |
INCOME | |
Median Household Income | $57,589 |
Average Household Income | $77,336 |
% of Income for Mortgage4 | 11% |
Per Capita Income | $31,911 |
Wealth Index5 | 68 |
HOUSING | |
---|---|
Total HU (Housing Units) | 998 (100%) |
Owner Occupied HU | 655 (65.6%) |
Renter Occupied HU | 172 (17.2%) |
Vacant Housing Units | 171 (17.1%) |
Median Home Value | $123,775 |
Average Home Value | $180,858 |
Housing Affordability Index3 | 229 |
HOUSEHOLDS | |
Total Households | 827 |
Average Household Size | 2.45 |
Family Households | 510 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2022 | 2022-2027 |
---|---|---|
Population | 0.15% | 0.04% |
Households | -0.43% | -0.10% |
Families | -0.12% | |
Median Household Income | 2.70% | |
Per Capita Income | 2.46% | |
Owner Occupied HU | 0.09% |
The table below compares 56531 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.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 409 | 54th |
Population Density | # 618 | 30th |
Median Household Income | # 762 | 13th |
Housing Affordability Index | # 824 | 94th |
Per Capita Income | # 743 | 15th |
Diversity Index | # 549 | 37th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.