56016 can be classified socioeconomically as Lower Middle Class class compared to other ZIP Codes in Minnesota based on Median Household Income and Average Adjusted Gross Income. The majority race/ethnicity residing in 56016 is White. The current unemployment level in 56016 is 4.9%.
| Population | 1,035 |
| Population Growth Rate | -10.97% |
| Population Density | 42 People per Square Mile |
| Total Households | 396 |
| Percentage High Income Households | 5.3% |
| Median Household Income (2021) | $68,750 |
| Average Adjusted Gross Income (2021) | $157,580 |
| Current Unemployment Rate (May 2026) | 4.9% |
| Sales Tax Rate (2025) | 7.4% |
| Majority Race/Ethnicty | White - 83.60% |
56016 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
| White | 729 | 83.6% |
| Black | 5 | 0.57% |
| Hispanic | 31 | 3.56% |
| Asian | 107 | 12.27% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
56016 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
| Less Than 1 Year of College | 64 | 10.41% |
| Bachelor Degree | 44 | 7.15% |
| High School Diploma | 210 | 34.15% |
| No High School Diploma | 0 | 0% |
| GED or Alternate | 12 | 1.95% |
| 1 or More Years of College | 138 | 22.44% |
| Associates Degree | 103 | 16.75% |
| Masters Degree | 27 | 4.39% |
| Professional Degree | 0 | 0% |
| Doctorate Degree | 17 | 2.76% |