56340 can be classified socioeconomically as 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 56340 is White. The majority race/ethnicity attending public schools in 56340 is White. The current unemployment level in 56340 is 4.9%.
| Population | 2,294 |
| Population Growth Rate | -3.31% |
| Population Density | 46 People per Square Mile |
| Total Households | 962 |
| Percentage High Income Households | 0.8% |
| Median Household Income (2021) | $78,864 |
| Average Adjusted Gross Income (2021) | $429,600 |
| Current Unemployment Rate (May 2026) | 4.9% |
| Sales Tax Rate (2025) | 7.5% |
| Majority Race/Ethnicity | White - 98.82% |
| Public School Majority Race/Ethnicity | White - 97.37% |
56340 Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 2,257 | 98.82% |
| Black | 0 | 0% |
| Hispanic | 26 | 1.14% |
| Asian | 1 | 0.04% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
56340 Public School Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 1,037 | 97.83% |
| Black | 9 | 0.85% |
| Hispanic | 11 | 1.04% |
| Asian | 1 | 0.09% |
| Native American | 1 | 0.09% |
| Hawaiian/Pac. Islander | 1 | 0.09% |
56340 Educational Attainment Levels
| Highest Education Level | Total | Percentage |
|---|
| Less Than 1 Year of College | 117 | 8.27% |
| Bachelor Degree | 154 | 10.88% |
| High School Diploma | 665 | 47% |
| No High School Diploma | 36 | 2.54% |
| GED or Alternate | 29 | 2.05% |
| 1 or More Years of College | 199 | 14.06% |
| Associates Degree | 175 | 12.37% |
| Masters Degree | 15 | 1.06% |
| Professional Degree | 22 | 1.55% |
| Doctorate Degree | 3 | 0.21% |
