56265 Zip Code

April 23, 2024

Zip Code:	56265
City/Town:	Montevideo
State:	Minnesota

Population:	7,757
Per Capita Income:	$21,693
Mean Household Income:	$48,591

Total Housing Units:	3,272
Median Home Value:	$66,700
Median Year Homes Built:	1954

Land Area:	266.4 sq miles 689.9 sq kilometers
Water Area:	1.1 sq miles 2.9 sq kilometers

Population Information (56265 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

7,757

Male:

3,772

48.6%

49.2%

Female:

3,985

51.4%

50.8%

Median Age:

42.7 yrs

37.2 yrs

Under 5 years:

538

6.9%

6.5%

5 to 9 years:

452

6.3%

6.6%

10 to 19 years:

989

12.7%

13.8%

20 to 29 years:

840

10.8%

13.8%

30 to 39 years:

824

10.6%

13.0%

40 to 49 years:

1,004

12.9%

14.2%

50 to 59 years:

1,172

15.1%

13.6%

60 to 69 years:

845

10.9%

9.4%

70 to 79 years:

540

7.0%

5.4%

80 years and over:

553

7.1%

3.7%

Housing Information (56265 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$66,700

$119,600

Median year homes build:

1954

1971

Median real estate taxes:

$776 / yr.

$1,334 / yr.

Median rent:

$318 / mo.

$519 / mo.

Total households:

3,272

Family households:

2,122

64.9%

66.4%

Nonfamily households:

1,150

35.1%

33.6%

Households with individuals under 18 years:

915

28.0%

33.4%

Households with individuals 65 years and over:

1,012

30.9%

24.9%

Average household size:

2.3

Average family size:

2.9

Total housing units:

3,532

Occupied housing units:

3,272

92.6%

88.6%

Vacant housing units:

260

7.4%

11.4%

For rent:

1.6%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

1.5%

1.4%

Sold, not occupied:

0.5%

0.3%

For seasonal, recreational, or occasional use:

0.8%

3.5%

All other vacants:

103

2.9%

2.8%

Homeowner vacancy rate:

2.1%

2.4%

Rental vacancy rate:

5.7%

9.2%

Owner-occupied housing units:

2,362

Population in owner-occupied housing units:

5,779

Average household size of owner-occupied units:

2.5

2.65

Renter-occupied housing units:

910

Population in renter-occupied housing units:

1,820

Average household size of renter-occupied units:

2.0

2.44

Educational Attainment (56265 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

5,375

Less than 9th grade:

481

8.9%

6.2%

9th to 12th grade, no diploma:

416

7.7%

8.7%

High school graduate (includes equivalency):

1,996

37.1%

29.0%

Some college, no degree:

1,316

24.5%

20.6%

Associate degree:

311

5.8%

7.5%

Bachelor's degree:

600

11.2%

17.6%

Graduate or professional degree:

255

4.7%

10.3%

Percent high school graduate or higher:

83.3%

85.0%

Percent bachelor's degree or higher:

15.9%

27.9%

Income Information (56265 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:

2,875

37.1%

50.4%

Median income:

$26,749 / yr.

$27,932 / yr.

Full-time, year-round workers:

1,430

18.4%

59.7%

Median income:

$32,374 / yr.

$38,349 / yr.

Females 15 years and over with income:

3,113

40.1%

49.6%

Median income:

$13,809 / yr.

$16,327 / yr.

Full-time, year-round workers:

1,006

13.0%

40.3%

Median income:

$20,276 / yr.

$28,135 / yr.

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