56240 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 56240 is White. The majority race/ethnicity attending public schools in 56240 is White. The current unemployment level in 56240 is 4.9%.
| Population | 873 |
| Population Growth Rate | -16.09% |
| Population Density | 10 People per Square Mile |
| Total Households | 418 |
| Percentage High Income Households | 2.1% |
| Median Household Income (2021) | $52,679 |
| Average Adjusted Gross Income (2021) | $410,450 |
| Current Unemployment Rate (May 2026) | 4.9% |
| Sales Tax Rate (2025) | 6.9% |
| Majority Race/Ethnicity | White - 97.13% |
| Public School Majority Race/Ethnicity | White - 96.99% |
56240 Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 846 | 97.13% |
| Black | 2 | 0.23% |
| Hispanic | 13 | 1.49% |
| Asian | 0 | 0% |
| Native American | 10 | 1.15% |
| Hawaiian/Pac. Islander | 0 | 0% |
56240 Public School Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 161 | 97.58% |
| Black | 0 | 0% |
| Hispanic | 4 | 2.42% |
| Asian | 0 | 0% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
56240 Educational Attainment Levels
| Highest Education Level | Total | Percentage |
|---|
| Less Than 1 Year of College | 64 | 10.37% |
| Bachelor Degree | 49 | 7.94% |
| High School Diploma | 242 | 39.22% |
| No High School Diploma | 6 | 0.97% |
| GED or Alternate | 16 | 2.59% |
| 1 or More Years of College | 98 | 15.88% |
| Associates Degree | 116 | 18.8% |
| Masters Degree | 8 | 1.3% |
| Professional Degree | 13 | 2.11% |
| Doctorate Degree | 5 | 0.81% |
