56574 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Norman County
Centroid: Latitude 47.195, Longitude -96.76
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 56574 has segments in 2 Counties (Clay, Norman).

Businesses Addresses: 7
PO Box Addresses: 32
Residential Addresses: 81

Multi-Family Addresses: 0
Single Family Addresses: 81

Foreclosures in MN 56574

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

Perley, MN 56574 Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	241 (100%)
Population in Households	241 (100.0%)
Population in Families	197 (81.7%)
Population in Group Quarters¹	0
Population Density	4
Diversity Index²	25


INCOME
Median Household Income	$58,913
Average Household Income	$77,283
% of Income for Mortgage⁴	11%
Per Capita Income	$32,764
Wealth Index⁵	64

HOUSING
Total HU (Housing Units)	118 (100%)
Owner Occupied HU	98 (83.1%)
Renter Occupied HU	14 (11.9%)
Vacant Housing Units	7 ( 5.9%)
Median Home Value	$123,810
Average Home Value	$143,367
Housing Affordability Index³	241

HOUSEHOLDS
Total Households	111
Average Household Size	2.17
Family Households	73
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.

Perley, MN 56574 - Peer Comparisons by Rank and Percentile

The table below compares 56574 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	-1.44%	-0.67%
Households	-1.18%	-0.36%
Families		-0.55%
Median Household Income		-0.31%
Per Capita Income		3.10%
Owner Occupied HU		-0.41%

Variable Description	Rank	Percentile
Total Population	# 804	9th
Population Density	# 806	8th
Median Household Income	# 740	16th
Housing Affordability Index	# 838	95th
Per Capita Income	# 712	19th
Diversity Index	# 318	64th

56574 ZIP Code Profile, Map, Data & Demographics

ZIP Code 56574: Basic Data & USPS Preferred City Name

Perley, MN 56574 Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Perley, MN 56574 - Peer Comparisons by Rank and Percentile

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