56735 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Kittson County
Centroid: Latitude 48.913, Longitude -96.843
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 56735 has segments in 2 Counties (Kittson, Roseau).

Businesses Addresses: 32
PO Box Addresses: 110
Residential Addresses: 265

Multi-Family Addresses: 16
Single Family Addresses: 249

The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2020, Maps updated: May 1, 2020.

Lancaster, MN 56735 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	840 (100%)
Population in Households	840 (100.0%)
Population in Families	675 (80.4%)
Population in Group Quarters¹	0
Population Density	3
Diversity Index²	8


INCOME
Median Household Income	$58,529
Average Household Income	$73,073
% of Income for Mortgage⁴	7%
Per Capita Income	$31,578
Wealth Index⁵	80

HOUSING
Total HU (Housing Units)	499 (100%)
Owner Occupied HU	286 (57.3%)
Renter Occupied HU	77 (15.4%)
Vacant Housing Units	136 (27.3%)
Median Home Value	$90,769
Average Home Value	$129,458
Housing Affordability Index³	350

HOUSEHOLDS
Total Households	363
Average Household Size	2.31
Family Households	226
Average Family Size	3

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.

Lancaster, MN 56735 - Peer Comparisons by Rank and Percentile

The table below compares 56735 to the other 879 ZIP Codes in Minnesota by rank and percentile using July 1, 2020 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	2010-2020	2020-2025
Population	0.26%	-0.12%
Households	0.3%	-0.06%
Families	0.13%	-0.09%
Median Household Income		1.25%
Per Capita Income		1.73%
Owner Occupied HU		-0.07%

Variable Description	Rank	Percentile
Total Population	# 625	29th
Population Density	# 853	3rd
Median Household Income	# 552	37th
Housing Affordability Index	# 855	97th
Per Capita Income	# 468	47th
Diversity Index	# 769	13th

Lancaster, MN 56735 ZIP Code Profile

ZIP Code 56735: Basic Data & USPS Preferred City Name

Lancaster, MN 56735 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Lancaster, MN 56735 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 56735

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