56273 Zip Code

April 18, 2024

Zip Code:	56273
City/Town:	New London
State:	Minnesota

Population:	4,797
Per Capita Income:	$24,220
Mean Household Income:	$61,361

Total Housing Units:	1,902
Median Home Value:	$106,200
Median Year Homes Built:	1973

Land Area:	98.4 sq miles 254.8 sq kilometers
Water Area:	11.3 sq miles 29.1 sq kilometers

Population Information (56273 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

4,797

Male:

2,418

50.4%

49.2%

Female:

2,379

49.6%

50.8%

Median Age:

43.8 yrs

37.2 yrs

Under 5 years:

269

5.6%

6.5%

5 to 9 years:

325

6.8%

6.6%

10 to 19 years:

629

13.1%

13.8%

20 to 29 years:

440

9.2%

13.8%

30 to 39 years:

480

10.0%

13.0%

40 to 49 years:

688

14.3%

14.2%

50 to 59 years:

784

16.3%

13.6%

60 to 69 years:

577

12.0%

9.4%

70 to 79 years:

353

7.4%

5.4%

80 years and over:

252

5.3%

3.7%

Housing Information (56273 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$106,200

$119,600

Median year homes build:

1973

1971

Median real estate taxes:

$1,083 / yr.

$1,334 / yr.

Median rent:

$377 / mo.

$519 / mo.

Total households:

1,902

Family households:

1,412

74.2%

66.4%

Nonfamily households:

490

25.8%

33.6%

Households with individuals under 18 years:

575

30.2%

33.4%

Households with individuals 65 years and over:

561

29.5%

24.9%

Average household size:

2.5

Average family size:

2.9

Total housing units:

2,352

Occupied housing units:

1,902

80.9%

88.6%

Vacant housing units:

450

19.1%

11.4%

For rent:

0.9%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

1.4%

Sold, not occupied:

0.2%

0.3%

For seasonal, recreational, or occasional use:

347

14.8%

3.5%

All other vacants:

1.8%

2.8%

Homeowner vacancy rate:

2.0%

2.4%

Rental vacancy rate:

7.2%

9.2%

Owner-occupied housing units:

1,619

Population in owner-occupied housing units:

4,158

Average household size of owner-occupied units:

2.6

2.65

Renter-occupied housing units:

283

Population in renter-occupied housing units:

574

Average household size of renter-occupied units:

2.0

2.44

Educational Attainment (56273 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

2,781

Less than 9th grade:

149

5.4%

6.2%

9th to 12th grade, no diploma:

217

7.8%

8.7%

High school graduate (includes equivalency):

851

30.6%

29.0%

Some college, no degree:

755

27.1%

20.6%

Associate degree:

250

9.0%

7.5%

Bachelor's degree:

391

14.1%

17.6%

Graduate or professional degree:

168

6.0%

10.3%

Percent high school graduate or higher:

86.8%

85.0%

Percent bachelor's degree or higher:

20.1%

27.9%

Income Information (56273 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:

1,580

32.9%

50.4%

Median income:

$28,033 / yr.

$27,932 / yr.

Full-time, year-round workers:

815

17.0%

59.7%

Median income:

$34,867 / yr.

$38,349 / yr.

Females 15 years and over with income:

1,520

31.7%

49.6%

Median income:

$15,906 / yr.

$16,327 / yr.

Full-time, year-round workers:

553

11.5%

40.3%

Median income:

$22,901 / yr.

$28,135 / yr.

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