ZIP Code 56516 Demographics

Mahnomen County, Minnesota  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 56516 compared to county averages.

Total Population

320

↓ 94.1% vs county

Median HH Income

$64,167

↑ +21.7% vs county

Median Home Value

$170,000

↑ +27.9% vs county

Median Age

34.5 yrs

↑ 1.7% vs county

Unemployment Rate

1.8%

↑ 82.4% vs county

Income & Housing Comparison

How ZIP 56516 compares to Mahnomen County and Minnesota overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 56516 $64k Mahnomen $53k Minnesota $84k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 56516 $170k Mahnomen $133k Minnesota $287k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

15.7%

of adults 25+ hold a bachelor's degree or higher

Owner Occupancy

84.8%

of occupied housing units are owner-occupied

Median Gross Rent

$1,125

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 56516 using local Census metrics.

Median Home Value$170,000
Down Payment (20%)$34,000
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$1,080P&I: $860 | Tax: $170 | Ins: $50
Rent (Local Median)
$1,125
Buying is CheaperBuying a home is estimated to save you $45/month compared to local rents.

How Does 56516 Compare?

Enter another ZIP code to see a side-by-side comparison.

Location & Neighboring Areas

Interactive map showing ZIP code 56516 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 56516, sorted by distance.

56592 6.7 mi away polk county 56557 11.8 mi away mahnomen county 56540 16.1 mi away polk county 56589 21.5 mi away mahnomen county

About Mahnomen County

Mahnomen County is located in Minnesota and has a total population of 5,389. The county's median household income is $52,739 and median home value is $132,900. ZIP code 56516 is one of many ZCTAs within this county.

View all ZIP codes in Mahnomen County

Data source: American Community Survey (ACS) 2022 5-Year Estimates, U.S. Census Bureau. ZCTAs (ZIP Code Tabulation Areas) are used as proxies for USPS ZIP codes. Some USPS ZIP codes may not have a corresponding ZCTA.