56295 Zip Code

April 19, 2024

Zip Code:	56295
City/Town:	Watson
State:	Minnesota

Population:	310
Per Capita Income:	$18,823
Mean Household Income:	$48,951

Total Housing Units:	129
Median Home Value:	$38,300
Median Year Homes Built:	1940

Land Area:	22.2 sq miles 57.4 sq kilometers
Water Area:	1.2 sq miles 3.0 sq kilometers

Population Information (56295 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

310

Male:

172

55.5%

49.2%

Female:

138

44.5%

50.8%

Median Age:

41.0 yrs

37.2 yrs

Under 5 years:

6.1%

6.5%

5 to 9 years:

8.7%

6.6%

10 to 19 years:

16.5%

13.8%

20 to 29 years:

11.3%

13.8%

30 to 39 years:

8.7%

13.0%

40 to 49 years:

15.2%

14.2%

50 to 59 years:

16.8%

13.6%

60 to 69 years:

12.3%

9.4%

70 to 79 years:

5.5%

5.4%

80 years and over:

1.3%

3.7%

Housing Information (56295 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$38,300

$119,600

Median year homes build:

1940

1971

Median real estate taxes:

$400 / yr.

$1,334 / yr.

Median rent:

$180 / mo.

$519 / mo.

Total households:

129

Family households:

64.3%

66.4%

Nonfamily households:

35.7%

33.6%

Households with individuals under 18 years:

31.8%

33.4%

Households with individuals 65 years and over:

23.3%

24.9%

Average household size:

2.4

Average family size:

3.0

Total housing units:

146

Occupied housing units:

129

88.4%

88.6%

Vacant housing units:

11.6%

11.4%

For rent:

3.4%

3.1%

Rented, not occupied:

0.7%

0.2%

For sale only:

0.0%

1.4%

Sold, not occupied:

3.4%

0.3%

For seasonal, recreational, or occasional use:

2.1%

3.5%

All other vacants:

2.1%

2.8%

Homeowner vacancy rate:

0.0%

2.4%

Rental vacancy rate:

14.7%

9.2%

Owner-occupied housing units:

101

Population in owner-occupied housing units:

260

Average household size of owner-occupied units:

2.6

2.65

Renter-occupied housing units:

Population in renter-occupied housing units:

Average household size of renter-occupied units:

1.8

2.44

Educational Attainment (56295 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

194

Less than 9th grade:

1.0%

6.2%

9th to 12th grade, no diploma:

13.9%

8.7%

High school graduate (includes equivalency):

107

55.2%

29.0%

Some college, no degree:

11.9%

20.6%

Associate degree:

8.2%

7.5%

Bachelor's degree:

8.2%

17.6%

Graduate or professional degree:

1.5%

10.3%

Percent high school graduate or higher:

85.1%

85.0%

Percent bachelor's degree or higher:

9.8%

27.9%

Income Information (56295 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:

128

41.3%

50.4%

Median income:

$22,500 / yr.

$27,932 / yr.

Full-time, year-round workers:

24.5%

59.7%

Median income:

$27,083 / yr.

$38,349 / yr.

Females 15 years and over with income:

31.9%

49.6%

Median income:

$10,114 / yr.

$16,327 / yr.

Full-time, year-round workers:

11.6%

40.3%

Median income:

$20,313 / yr.

$28,135 / yr.

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