ZIP Code 56481 Demographics

Wadena County, Minnesota  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 56481 compared to county averages.

Total Population

2,375

↓ 83.2% vs county

Median HH Income

$63,977

↑ +16.9% vs county

Median Home Value

$161,400

↓ 1.2% vs county

Median Age

38.2 yrs

↑ 4.5% vs county

Unemployment Rate

6.5%

↓ +6.6% vs county

Income & Housing Comparison

How ZIP 56481 compares to Wadena County and Minnesota overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 56481 $64k Wadena $55k Minnesota $84k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 56481 $161k Wadena $163k Minnesota $287k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

13.2%

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

Owner Occupancy

84.4%

of occupied housing units are owner-occupied

Median Gross Rent

$625

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 56481 using local Census metrics.

Median Home Value$161,400
Down Payment (20%)$32,280
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$1,024P&I: $816 | Tax: $161 | Ins: $47
Rent (Local Median)
$625
Renting is CheaperRenting is estimated to save you $399/month compared to buying costs.

How Does 56481 Compare?

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

Location & Neighboring Areas

Interactive map showing ZIP code 56481 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 56481, sorted by distance.

56482 10.0 mi away wadena county 56477 12.3 mi away wadena county 56518 14.9 mi away otter tail county 56573 31.0 mi away otter tail county 56544 37.0 mi away becker county

About Wadena County

Wadena County is located in Minnesota and has a total population of 14,108. The county's median household income is $54,747 and median home value is $163,400. ZIP code 56481 is one of many ZCTAs within this county.

View all ZIP codes in Wadena 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.