56262 Zip Code

May 2, 2024

Zip Code:	56262
City/Town:	Milan
State:	Minnesota

Population:	724
Per Capita Income:	$21,349
Mean Household Income:	$48,587

Total Housing Units:	294
Median Home Value:	$34,100
Median Year Homes Built:	1940

Land Area:	66.1 sq miles 171.2 sq kilometers
Water Area:	2.6 sq miles 6.8 sq kilometers

Population Information (56262 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

724

Male:

377

52.1%

49.2%

Female:

347

47.9%

50.8%

Median Age:

43.4 yrs

37.2 yrs

Under 5 years:

7.0%

6.5%

5 to 9 years:

7.3%

6.6%

10 to 19 years:

12.3%

13.8%

20 to 29 years:

12.3%

13.8%

30 to 39 years:

10.6%

13.0%

40 to 49 years:

11.5%

14.2%

50 to 59 years:

117

16.2%

13.6%

60 to 69 years:

12.0%

9.4%

70 to 79 years:

7.0%

5.4%

80 years and over:

5.4%

3.7%

Housing Information (56262 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$34,100

$119,600

Median year homes build:

1940

1971

Median real estate taxes:

$452 / yr.

$1,334 / yr.

Median rent:

$325 / mo.

$519 / mo.

Total households:

294

Family households:

197

67.0%

66.4%

Nonfamily households:

33.0%

33.6%

Households with individuals under 18 years:

28.6%

33.4%

Households with individuals 65 years and over:

32.3%

24.9%

Average household size:

2.5

Average family size:

3.0

Total housing units:

355

Occupied housing units:

294

82.8%

88.6%

Vacant housing units:

17.2%

11.4%

For rent:

2.0%

3.1%

Rented, not occupied:

0.0%

0.2%

For sale only:

2.0%

1.4%

Sold, not occupied:

0.6%

0.3%

For seasonal, recreational, or occasional use:

6.2%

3.5%

All other vacants:

6.5%

2.8%

Homeowner vacancy rate:

3.0%

2.4%

Rental vacancy rate:

9.6%

9.2%

Owner-occupied housing units:

228

Population in owner-occupied housing units:

528

Average household size of owner-occupied units:

2.3

2.65

Renter-occupied housing units:

Population in renter-occupied housing units:

196

Average household size of renter-occupied units:

3.0

2.44

Educational Attainment (56262 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

524

Less than 9th grade:

4.0%

6.2%

9th to 12th grade, no diploma:

7.8%

8.7%

High school graduate (includes equivalency):

211

40.3%

29.0%

Some college, no degree:

18.9%

20.6%

Associate degree:

11.1%

7.5%

Bachelor's degree:

16.0%

17.6%

Graduate or professional degree:

1.9%

10.3%

Percent high school graduate or higher:

88.2%

85.0%

Percent bachelor's degree or higher:

17.9%

27.9%

Income Information (56262 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

292

40.3%

50.4%

Median income:

$25,588 / yr.

$27,932 / yr.

Full-time, year-round workers:

145

20.0%

59.7%

Median income:

$31,250 / yr.

$38,349 / yr.

Females 15 years and over with income:

284

39.2%

49.6%

Median income:

$14,375 / yr.

$16,327 / yr.

Full-time, year-round workers:

12.3%

40.3%

Median income:

$21,518 / yr.

$28,135 / yr.

All contents copyright © 2012-2024 TeraCodes.com. All rights reserved. This Internet site provides information of a general nature and is designed for educational purposes only. If you have any concerns please review the Terms of Use before using this site. Your use of the site indicates your agreement to be bound by the Terms of Use.

This site is published by TeraCodes, which is responsible for its contents as further described and qualified in the Privacy Policy and Terms of Use.