ZIP Code 56716 has segments in 2 Counties (Polk, Red Lake).
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 | 8,861 (100%) |
Population in Households | 8,079 (91.2%) |
Population in Families | 6,007 (67.8%) |
Population in Group Quarters1 | 782 ( 8.8%) |
Population Density | 28 |
Diversity Index2 | 47 |
INCOME | |
Median Household Income | $65,605 |
Average Household Income | $88,137 |
% of Income for Mortgage4 | 17% |
Per Capita Income | $36,039 |
Wealth Index5 | 70 |
HOUSING | |
---|---|
Total HU (Housing Units) | 4,024 (100%) |
Owner Occupied HU | 2,554 (63.5%) |
Renter Occupied HU | 1,065 (26.5%) |
Vacant Housing Units | 405 (10.1%) |
Median Home Value | $205,664 |
Average Home Value | $203,348 |
Housing Affordability Index3 | 148 |
HOUSEHOLDS | |
Total Households | 3,619 |
Average Household Size | 2.23 |
Family Households | 2,080 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2022 | 2022-2027 |
---|---|---|
Population | -0.38% | -0.14% |
Households | 0.04% | -0.16% |
Families | -0.18% | |
Median Household Income | 3.55% | |
Per Capita Income | 2.92% | |
Owner Occupied HU | 0.08% |
The table below compares 56716 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 | # 184 | 79th |
Population Density | # 412 | 53rd |
Median Household Income | # 581 | 34th |
Housing Affordability Index | # 433 | 49th |
Per Capita Income | # 509 | 42nd |
Diversity Index | # 129 | 85th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.