Population 1,332 · Census ACS 2020–24
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Population and households in ZIP 56050
Household size in ZIP 56050
| Period | ZIP 56050 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.60 | 2.58 | 2.52 | 2.68 |
| 2010–14 | 2.53 | 2.61 | 2.54 | 2.73 |
| 2015–19 | 2.49 | 2.63 | 2.55 | 2.71 |
| 2020–24 | 2.48 | 2.58 | 2.52 | 2.65 |
| Change | −0.13 | −0.00 | +0.00 | −0.03 |
Households in ZIP 56050 run small, averaging 2.48 people against 2.65 nationally, which usually means more singles and couples and fewer children. Since 2006–10, household size has dropped from 2.60, but in a place this small, survey estimates can swing a lot from one release to the next.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in ZIP 56050
| Period | ZIP 56050 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 39.8 | 36.8 | 37.9 | 37.7 |
| 2010–14 | 41.7 | 37.8 | 38.9 | 38.6 |
| 2015–19 | 44.3 | 38.6 | 39.6 | 39.6 |
| 2020–24 | 46.1 | 39.2 | 40.0 | 40.1 |
| Change | +6.4 | +2.5 | +2.1 | +2.3 |
With a median age of 46.1, ZIP 56050 is noticeably older than the country as a whole (40.1), an age mix that tilts toward empty nesters and retirees.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in ZIP 56050
| Period | ZIP 56050 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 12.1% | 10.2% | 9.9% | 12.3% |
| 2010–14 | 10.2% | 10.6% | 10.2% | 12.3% |
| 2015–19 | 11.4% | 9.9% | 9.7% | 11.6% |
| 2020–24 | 7.5% | 9.8% | 9.6% | 11.6% |
| Change | −4.6 pts | −0.4 pts | −0.3 pts | −0.6 pts |
Single-parent households are relatively rare in ZIP 56050: 7.5% of households, against 11.6% nationally.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in ZIP 56050
Renters in ZIP 56050
| Period | ZIP 56050 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 11.4% | 27.3% | 25.8% | 33.3% |
| 2010–14 | 16.9% | 29.6% | 27.9% | 35.6% |
| 2015–19 | 12.0% | 30.0% | 28.4% | 36.0% |
| 2020–24 | 13.6% | 29.3% | 27.8% | 34.8% |
| Change | +2.2 pts | +2.0 pts | +2.0 pts | +1.5 pts |
Only 13.6% of households in ZIP 56050 rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. More than a third of owners (35.9%) have paid off their mortgages, below the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in ZIP 56050
| Period | ZIP 56050 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 9.7% | 7.0% | 9.2% | 11.4% |
| 2010–14 | 11.8% | 6.2% | 9.0% | 11.4% |
| 2015–19 | 12.3% | 5.5% | 8.7% | 11.1% |
| 2020–24 | 15.8% | 5.7% | 8.3% | 9.6% |
| Change | +6.2 pts | −1.3 pts | −0.9 pts | −1.8 pts |
Vacancy is high in ZIP 56050: 15.8% of homes are empty, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in ZIP 56050
| Period | ZIP 56050 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 1968 | 1975 | 1973 | 1974 |
| 2010–14 | 1974 | 1976 | 1974 | 1975 |
| 2015–19 | 1975 | 1977 | 1975 | 1977 |
| 2020–24 | 1975 | 1980 | 1978 | 1980 |
| Change | +7 | +4 | +5 | +6 |
Housing in ZIP 56050 leans a little older: the median home dates to 1975, against 1980 nationally.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in ZIP 56050
| Period | ZIP 56050 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | $603 | $1,007 | $882 | $965 |
| 2010–14 | $604 | $1,077 | $953 | $1,040 |
| 2015–19 | $644 | $1,258 | $1,099 | $1,213 |
| 2020–24 | $802 | $1,603 | $1,404 | $1,571 |
| Change | +$199 | +$597 | +$522 | +$606 |
The median renter in ZIP 56050 pays $802 a month for rent and utilities, well below the national median of $1,571. Rent takes 19.6% of the typical renter's income, comfortably under the 30% mark often used to define affordable rent.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in ZIP 56050
Bachelor's degrees in ZIP 56050
| Period | ZIP 56050 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 16.9% | 37.2% | 32.1% | 28.4% |
| 2010–14 | 19.0% | 39.1% | 33.7% | 29.6% |
| 2015–19 | 24.7% | 41.8% | 36.2% | 32.1% |
| 2020–24 | 32.3% | 45.4% | 39.6% | 35.6% |
| Change | +15.3 pts | +8.1 pts | +7.4 pts | +7.2 pts |
Nearly a third of adults 25 and older in ZIP 56050 (32.3%) have a bachelor's degree or higher, a little below the national share of 35.6%.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in ZIP 56050
| Period | ZIP 56050 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 91.9% | 92.4% | 91.4% | 84.9% |
| 2010–14 | 93.0% | 92.9% | 92.2% | 86.1% |
| 2015–19 | 93.1% | 93.5% | 93.0% | 87.7% |
| 2020–24 | 96.1% | 94.0% | 93.7% | 89.3% |
| Change | +4.2 pts | +1.6 pts | +2.3 pts | +4.3 pts |
High school completion is high in ZIP 56050: 96.1% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in ZIP 56050
| Period | ZIP 56050 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 6.1% | 6.7% | 6.5% | 8.1% |
| 2010–14 | 7.6% | 6.8% | 6.5% | 9.4% |
| 2015–19 | 4.4% | 3.6% | 3.7% | 5.6% |
| 2020–24 | 8.1% | 4.0% | 4.1% | 5.4% |
| Change | +2.0 pts | −2.7 pts | −2.4 pts | −2.7 pts |
Unemployment in ZIP 56050 runs well above the national rate: 8.1% of the labor force was out of work and looking, against 5.4%. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
ZIP 56050 compared with nearby ZIP codes
| ZIP code | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| ZIP 56050 | 2.48 | 46.1 | 7.5% | 13.6% | 15.8% | 1975 | $802 | 32.3% | 96.1% | 8.1% |
| ZIP 56082 | 2.33 | 38.3 | 7.6% | 30.2% | 7.6% | 1984 | $1,022 | 35.5% | 93.2% | 2.0% |
| ZIP 56017 | 2.46 | 43.2 | 5.9% | 16.7% | 18.7% | 1971 | $1,018 | 28.9% | 97.0% | 4.0% |
| ZIP 56063 | 2.57 | 41.3 | 7.3% | 21.6% | 21.4% | 1988 | $1,067 | 40.9% | 98.1% | 4.1% |
| ZIP 56003 | 2.44 | 38.5 | 12.3% | 28.8% | 5.2% | 1983 | $1,096 | 41.6% | 96.8% | 2.6% |
| ZIP 56001 | 2.40 | 32.0 | 11.0% | 45.8% | 7.2% | 1982 | $1,284 | 35.6% | 94.3% | 5.8% |
| ZIP 56024 | 2.54 | 35.5 | 10.6% | 28.7% | 3.7% | 1993 | $1,385 | 32.0% | 96.5% | 2.3% |
| ZIP 56074 | 2.60 | 39.0 | 3.3% | 22.3% | 5.2% | 1976 | $1,189 | 25.3% | 94.2% | 1.7% |
| ZIP 56028 | 2.31 | 46.4 | 7.2% | 11.4% | 26.9% | 1984 | $1,066 | 30.5% | 96.2% | 4.7% |
| ZIP 56057 | 2.65 | 39.9 | 5.9% | 22.9% | 10.3% | 1969 | $1,084 | 20.0% | 88.3% | 4.7% |
| ZIP 56048 | 2.51 | 42.8 | 10.5% | 11.9% | 8.2% | 1970 | $850 | 25.4% | 94.6% | 2.6% |
All figures 2020–24.
Zip codes with similar populations: 76693, TX · 28421, NC · 29471, SC · 30537, GA · 31042, GA · 32336, FL · 35136, AL · 37050, TN · 46165, IN · 75487, TX
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up ZIP 56050. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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