Oak Island, MN 56741 ZIP Code Profile

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ZIP Code 56741: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Oak Island, MN 56741

  • ZIP Code Type: PO BOX
  • County: Lake of the Woods County
  • Centroid: Latitude 49.31, Longitude -94.85
  • Time Zone: Central Time Zone (UTC -6 hours)
  • Observes DST: Yes
  • Businesses Addresses: 3
  • PO Box Addresses: 18
  • Residential Addresses: 1
    • Multi-Family Addresses: 0
    • Single Family Addresses: 1

The ZIP Code maps and database are updated 4 times per year.
Database updated: August 1, 2018, Maps updated: August 1, 2018.



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Oak Island, MN 56741 Data & Demographics (As of July 1, 2018)

POPULATION

Total Population 28
Population in Households 28
Population in Familes 22
Population in Group Qrtrs 0
Population Density1 6
Diversity Index2 0
 

INCOME

Median Household Income $43,750
Average Household Income $80,064
Per Capita Income $45,751

HOUSING

Total Housing Units 179 (100%)
Owner Occupied HU 14 ( 7.8%)
Renter Occupied HU 2 ( 1.1%)
Vacant Housing Units 163 (91.1%)
Median Home Value $133,333
Average Home Value $144,643
 

HOUSEHOLDS

Total Households 16
Average Household Size 1.75
Family Households 11
Average Family Size 2
NOTES
  1. Population Density = Total Population per square mile.
  2. 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 race 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.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population -0.83% -1.47%
Households -0.73% -1.28%
Families -1.05% -1.89%
Median Household Income   4.59%
Per Capita Income   2.79%

Oak Island, MN 56741 - Peer Comparisons by Rank and Percentile

The table below compares 56741 to the other 881 ZIP Codes in Minnesota by rank and percentile using July 1, 2018 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 # 867 2nd
Population Density # 784 11th
Diversity Index # 874 1st
Median Household Income # 816 7th
Per Capita Income # 56 94th

Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.


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