56540 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 56540 is White. The majority race/ethnicity attending public schools in 56540 is White. The current unemployment level in 56540 is 2.8%.
Population | 1,916 |
Population Growth Rate | -7.33% |
Population Density | 14 People per Square Mile |
Total Households | 791 |
Percentage High Income Households | 5.3% |
Median Household Income (2021) | $64,167 |
Average Adjusted Gross Income (2021) | $540,280 |
Current Unemployment Rate (November 2024) | 2.8% |
Majority Race/Ethnicty | White - 97.80% |
Public School Majority Race/Ethnicty | White - 92.51% |
56540 Race/Ethnicty Breakdown
Race/Ethnicty | Total | Percentage |
White | 1,825 | 97.8% |
Black | 5 | 0.27% |
Hispanic | 18 | 0.96% |
Asian | 4 | 0.21% |
Native American | 14 | 0.75% |
Hawaiian/Pac. Islander | 0 | 0% |
56540 Public School Race/Ethnicty Breakdown
Race/Ethnicty | Total | Percentage |
White | 420 | 94.59% |
Black | 2 | 0.45% |
Hispanic | 17 | 3.83% |
Asian | 1 | 0.23% |
Native American | 4 | 0.9% |
Hawaiian/Pac. Islander | 0 | 0% |
56540 Educational Attainment Levels
Highest Education Level Attained | Total | Percentage |
Less Than 1 Year of College | 65 | 5.44% |
Bachelor Degree | 226 | 18.91% |
High School Diploma | 399 | 33.39% |
No High School Diploma | 14 | 1.17% |
GED or Alternate | 28 | 2.34% |
1 or More Years of College | 193 | 16.15% |
Associates Degree | 194 | 16.23% |
Masters Degree | 66 | 5.52% |
Professional Degree | 8 | 0.67% |
Doctorate Degree | 2 | 0.17% |