ZIP 56540 vs ZIP 56550
A side-by-side comparison of ZIP Code 56540 and ZIP Code 56550: population, income, housing, and more.
ZIP 56540 and ZIP 56550 are ZIP Code areas in Minnesota. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.
ZIP 56540 has the higher population (1,838 vs 291 in ZIP 56550). ZIP 56540 has the higher median household income ($77,500 vs $62,500 in ZIP 56550). ZIP 56550 has the higher median home value ($185,900 vs $185,600 in ZIP 56540).
Population, income & housing
| ZIP 56540 | ZIP 56550 | |
|---|---|---|
| Population | 1,838 | 291 |
| Median age | 44.8 yrs | 42.7 yrs |
| Median household income | $77,500 | $62,500 |
| Median home value | $185,600 | $185,900 |
| Median gross rent | $774 | $850 |
| Housing units | 829 | 163 |
| Homeownership rate | 85.2% | 79.1% |
| Bachelor's degree or higher | 27.4% | 23.1% |
| Unemployment rate | 4.6% | 1.8% |
Trends (ACS 5-year, 2019–2023)
| ZIP 56540 | ZIP 56550 | |
|---|---|---|
| Population | 2,121 → 1,838 (-13.3%) | 429 → 291 (-32.2%) |
| Median household income | $59,375 → $77,500 (+30.5%) | $45,000 → $62,500 (+38.9%) |
| Median home value | $136,500 → $185,600 (+36.0%) | $103,100 → $185,900 (+80.3%) |
| Median gross rent | $658 → $774 (+17.6%) | $675 → $850 (+25.9%) |
ZIP 56540
2,1211,838
$59,375$77,500
$136,500$185,600
$658$774
ZIP 56550
429291
$45,000$62,500
$103,100$185,900
$675$850
Age & race/ethnicity
Age distribution (share)
| ZIP 56540 | ZIP 56550 | |
|---|---|---|
| Under 5 | 5.1% | 9.3% |
| 5 to 17 | 18.1% | 14.1% |
| 18 to 24 | 8.9% | 12.7% |
| 25 to 34 | 9.1% | 6.2% |
| 35 to 44 | 9.2% | 11.3% |
| 45 to 54 | 13.6% | 9.6% |
| 55 to 64 | 12.8% | 19.9% |
| 65 to 74 | 10.2% | 11.7% |
| 75 and over | 12.9% | 5.2% |
Race & ethnicity (share)
| ZIP 56540 | ZIP 56550 | |
|---|---|---|
| White (non-Hispanic) | 95.6% | 92.1% |
| Black or African American | 0.0% | 0.0% |
| American Indian & Alaska Native | 0.3% | 0.7% |
| Asian | 0.1% | 0.0% |
| Native Hawaiian & Pacific Islander | 0.0% | 0.0% |
| Some other race | 2.0% | 0.0% |
| Two or more races | 1.9% | 5.8% |
| Hispanic or Latino | 0.2% | 1.4% |
Educational attainment (age 25+)
Share of adults 25+
| ZIP 56540 | ZIP 56550 | |
|---|---|---|
| No high school diploma | 5.6% | 3.8% |
| High school graduate | 30.7% | 32.8% |
| Some college or associate's | 36.3% | 40.3% |
| Bachelor's degree | 22.3% | 22.0% |
| Graduate or professional degree | 5.0% | 1.1% |
Commute to work
How workers get to work (share)
| ZIP 56540 | ZIP 56550 | |
|---|---|---|
| Drove alone | 73.7% | 88.4% |
| Carpooled | 8.1% | 5.2% |
| Public transit | 0.5% | 0.0% |
| Walked | 7.2% | 0.6% |
| Bicycle | 0.0% | 0.0% |
| Worked from home | 9.5% | 5.2% |
| Other means | 1.1% | 0.6% |
Housing
Units in structure (share)
| ZIP 56540 | ZIP 56550 | |
|---|---|---|
| 1-unit, detached | 85.0% | 77.9% |
| 1-unit, attached | 0.5% | 2.5% |
| 2 to 4 units | 2.2% | 0.0% |
| 5 to 19 units | 5.8% | 10.4% |
| 20 or more units | 1.4% | 0.0% |
| Mobile home & other | 5.1% | 9.2% |
Poverty & households
| ZIP 56540 | ZIP 56550 | |
|---|---|---|
| Poverty rate | 9.6% | 12.7% |
| Average household size | 2.38 | 2.17 |
| Mean commute (minutes) | 26 | 31 |
| Median year structure built | 1962 | 1956 |