Population 2,767 · Census ACS 2020–24
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Population and households in ZIP 56342
Household size in ZIP 56342
| Period | ZIP 56342 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.13 | 2.58 | 2.52 | 2.68 |
| 2010–14 | 2.18 | 2.61 | 2.54 | 2.73 |
| 2015–19 | 2.06 | 2.63 | 2.55 | 2.71 |
| 2020–24 | 2.12 | 2.58 | 2.52 | 2.65 |
| Change | −0.02 | −0.00 | +0.00 | −0.03 |
ZIP 56342 is a place of small households, averaging 2.12 people against 2.65 for the U.S., which points to many singles, couples and roommates and relatively few children.
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 56342
| Period | ZIP 56342 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 49.6 | 36.8 | 37.9 | 37.7 |
| 2010–14 | 51.2 | 37.8 | 38.9 | 38.6 |
| 2015–19 | 53.7 | 38.6 | 39.6 | 39.6 |
| 2020–24 | 55.1 | 39.2 | 40.0 | 40.1 |
| Change | +5.6 | +2.5 | +2.1 | +2.3 |
ZIP 56342 skews older: half of its residents are older than 55.1, well above the national median of 40.1. That usually means more empty nesters and retirees, and fewer young families. Since 2006–10, the median age has climbed from 49.6, but in a place this small, survey estimates can swing a lot from one release to the next.
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 56342
| Period | ZIP 56342 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 7.8% | 10.2% | 9.9% | 12.3% |
| 2010–14 | 6.5% | 10.6% | 10.2% | 12.3% |
| 2015–19 | 8.0% | 9.9% | 9.7% | 11.6% |
| 2020–24 | 7.3% | 9.8% | 9.6% | 11.6% |
| Change | −0.6 pts | −0.4 pts | −0.3 pts | −0.6 pts |
Single-parent households are relatively rare in ZIP 56342: 7.3% 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 56342
Renters in ZIP 56342
| Period | ZIP 56342 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 16.9% | 27.3% | 25.8% | 33.3% |
| 2010–14 | 16.2% | 29.6% | 27.9% | 35.6% |
| 2015–19 | 18.3% | 30.0% | 28.4% | 36.0% |
| 2020–24 | 14.8% | 29.3% | 27.8% | 34.8% |
| Change | −2.2 pts | +2.0 pts | +2.0 pts | +1.5 pts |
Only 14.8% of households in ZIP 56342 rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Among homeowners, 51.9% have no mortgage at all, well above 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 56342
| Period | ZIP 56342 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 40.9% | 7.0% | 9.2% | 11.4% |
| 2010–14 | 46.2% | 6.2% | 9.0% | 11.4% |
| 2015–19 | 46.1% | 5.5% | 8.7% | 11.1% |
| 2020–24 | 42.5% | 5.7% | 8.3% | 9.6% |
| Change | +1.6 pts | −1.3 pts | −0.9 pts | −1.8 pts |
Vacancy is high in ZIP 56342: 42.5% 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 56342
| Period | ZIP 56342 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 1980 | 1975 | 1973 | 1974 |
| 2010–14 | 1980 | 1976 | 1974 | 1975 |
| 2015–19 | 1980 | 1977 | 1975 | 1977 |
| 2020–24 | 1982 | 1980 | 1978 | 1980 |
| Change | +3 | +4 | +5 | +6 |
Homes in ZIP 56342 are about the same age as the nation's housing: the median home was built in 1982, versus 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 56342
| Period | ZIP 56342 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | $662 | $1,007 | $882 | $965 |
| 2010–14 | $775 | $1,077 | $953 | $1,040 |
| 2015–19 | $806 | $1,258 | $1,099 | $1,213 |
| 2020–24 | $791 | $1,603 | $1,404 | $1,571 |
| Change | +$130 | +$597 | +$522 | +$606 |
Rent in ZIP 56342 runs $791 a month at the median, utilities included, well below the U.S. median of $1,571. The typical renter here spends 31.4% of household income on rent, just over 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 56342
Bachelor's degrees in ZIP 56342
| Period | ZIP 56342 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 12.8% | 37.2% | 32.1% | 28.4% |
| 2010–14 | 12.7% | 39.1% | 33.7% | 29.6% |
| 2015–19 | 14.7% | 41.8% | 36.2% | 32.1% |
| 2020–24 | 17.3% | 45.4% | 39.6% | 35.6% |
| Change | +4.6 pts | +8.1 pts | +7.4 pts | +7.2 pts |
Fewer adults in ZIP 56342 have a four-year degree than in the country as a whole: 17.3%, against 35.6% nationally.
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 56342
| Period | ZIP 56342 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 86.4% | 92.4% | 91.4% | 84.9% |
| 2010–14 | 88.9% | 92.9% | 92.2% | 86.1% |
| 2015–19 | 89.9% | 93.5% | 93.0% | 87.7% |
| 2020–24 | 92.4% | 94.0% | 93.7% | 89.3% |
| Change | +6.0 pts | +1.6 pts | +2.3 pts | +4.3 pts |
High school completion in ZIP 56342 is a bit above the national rate: 92.4% of adults have a diploma or equivalent, against 89.3%. Still, the rate is lower than in the Minneapolis area overall (94.0%).
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 56342
| Period | ZIP 56342 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 9.0% | 6.7% | 6.5% | 8.1% |
| 2010–14 | 11.9% | 6.8% | 6.5% | 9.4% |
| 2015–19 | 5.9% | 3.6% | 3.7% | 5.6% |
| 2020–24 | 8.5% | 4.0% | 4.1% | 5.4% |
| Change | −0.5 pts | −2.7 pts | −2.4 pts | −2.7 pts |
Unemployment in ZIP 56342 runs well above the national rate: 8.5% of the labor force was out of work and looking, against 5.4%. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current 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 56342 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 56342 | 2.12 | 55.1 | 7.3% | 14.8% | 42.5% | 1982 | $791 | 17.3% | 92.4% | 8.5% |
| ZIP 56386 | 2.16 | 54.6 | 9.3% | 18.5% | 43.8% | 1983 | $891 | 21.1% | 91.7% | 7.6% |
| ZIP 56350 | 2.11 | 54.9 | 5.8% | 10.5% | 48.9% | 1985 | $1,166 | 14.0% | 94.9% | 8.4% |
| ZIP 56359 | 2.47 | 44.7 | 15.5% | 28.7% | 30.9% | 1987 | $890 | 18.8% | 88.4% | 8.3% |
| ZIP 56450 | 2.19 | 52.6 | 12.6% | 18.0% | 49.4% | 1986 | $1,030 | 17.8% | 86.8% | 11.7% |
| ZIP 55735 | 2.33 | 50.7 | 5.2% | 11.0% | 42.2% | 1985 | $1,112 | 16.2% | 93.0% | 9.4% |
| ZIP 56338 | 2.46 | 47.5 | 6.9% | 7.6% | 31.2% | 1982 | $986 | 13.3% | 91.5% | 6.2% |
| ZIP 55037 | 2.27 | 48.4 | 8.8% | 20.4% | 24.3% | 1983 | $976 | 16.3% | 90.2% | 6.5% |
| ZIP 55072 | 2.18 | 45.2 | 14.3% | 27.1% | 18.9% | 1976 | $952 | 14.2% | 87.6% | 6.5% |
| ZIP 55704 | 2.13 | 47.9 | 10.2% | 14.7% | 22.0% | 1982 | $615 | 22.9% | 91.4% | 7.5% |
| ZIP 55712 | 2.04 | 50.7 | 7.0% | 10.2% | 37.7% | 1980 | $645 | 18.6% | 91.2% | 6.0% |
All figures 2020–24.
Zip codes with similar populations: 39766, MS · 98568, WA · 98261, WA · 94130, CA · 94037, CA · 67228, KS · 37306, TN · 30648, GA · 29125, SC · 21631, MD
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 56342. 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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