56218 Zip Code

April 19, 2024

Zip Code:	56218
City/Town:	Boyd
State:	Minnesota

Population:	628
Per Capita Income:	$21,300
Mean Household Income:	$50,697

Total Housing Units:	263
Median Home Value:	$41,700
Median Year Homes Built:	1940

Land Area:	97.8 sq miles 253.4 sq kilometers
Water Area:	0.5 sq miles 1.4 sq kilometers

Population Information (56218 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

628

Male:

330

52.5%

49.2%

Female:

298

47.5%

50.8%

Median Age:

43.4 yrs

37.2 yrs

Under 5 years:

5.4%

6.5%

5 to 9 years:

6.8%

6.6%

10 to 19 years:

14.8%

13.8%

20 to 29 years:

9.6%

13.8%

30 to 39 years:

10.2%

13.0%

40 to 49 years:

13.4%

14.2%

50 to 59 years:

110

17.5%

13.6%

60 to 69 years:

10.2%

9.4%

70 to 79 years:

8.4%

5.4%

80 years and over:

4.5%

3.7%

Housing Information (56218 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$41,700

$119,600

Median year homes build:

1940

1971

Median real estate taxes:

$330 / yr.

$1,334 / yr.

Median rent:

$181 / mo.

$519 / mo.

Total households:

263

Family households:

170

64.6%

66.4%

Nonfamily households:

35.4%

33.6%

Households with individuals under 18 years:

29.3%

33.4%

Households with individuals 65 years and over:

28.5%

24.9%

Average household size:

2.4

Average family size:

2.9

Total housing units:

312

Occupied housing units:

263

84.3%

88.6%

Vacant housing units:

15.7%

11.4%

For rent:

2.6%

3.1%

Rented, not occupied:

0.0%

0.2%

For sale only:

1.3%

1.4%

Sold, not occupied:

0.3%

For seasonal, recreational, or occasional use:

0.3%

3.5%

All other vacants:

11.2%

2.8%

Homeowner vacancy rate:

1.8%

2.4%

Rental vacancy rate:

15.1%

9.2%

Owner-occupied housing units:

218

Population in owner-occupied housing units:

536

Average household size of owner-occupied units:

2.5

2.65

Renter-occupied housing units:

Population in renter-occupied housing units:

Average household size of renter-occupied units:

2.0

2.44

Educational Attainment (56218 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

467

Less than 9th grade:

11.3%

6.2%

9th to 12th grade, no diploma:

10.5%

8.7%

High school graduate (includes equivalency):

198

42.4%

29.0%

Some college, no degree:

17.6%

20.6%

Associate degree:

7.3%

7.5%

Bachelor's degree:

10.3%

17.6%

Graduate or professional degree:

0.6%

10.3%

Percent high school graduate or higher:

78.2%

85.0%

Percent bachelor's degree or higher:

10.9%

27.9%

Income Information (56218 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:

262

41.7%

50.4%

Median income:

$25,326 / yr.

$27,932 / yr.

Full-time, year-round workers:

129

20.5%

59.7%

Median income:

$27,891 / yr.

$38,349 / yr.

Females 15 years and over with income:

237

37.7%

49.6%

Median income:

$13,155 / yr.

$16,327 / yr.

Full-time, year-round workers:

11.9%

40.3%

Median income:

$18,942 / yr.

$28,135 / yr.

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