56115 Zip Code

April 19, 2024

Zip Code:	56115
City/Town:	Balaton
State:	Minnesota

Population:	1,366
Per Capita Income:	$24,218
Mean Household Income:	$57,716

Total Housing Units:	551
Median Home Value:	$46,800
Median Year Homes Built:	1940

Land Area:	119.6 sq miles 309.7 sq kilometers
Water Area:	3.1 sq miles 8.0 sq kilometers

Population Information (56115 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

1,366

Male:

688

50.4%

49.2%

Female:

678

49.6%

50.8%

Median Age:

39.3 yrs

37.2 yrs

Under 5 years:

6.7%

6.5%

5 to 9 years:

108

5.3%

6.6%

10 to 19 years:

171

12.5%

13.8%

20 to 29 years:

149

10.9%

13.8%

30 to 39 years:

178

13.0%

40 to 49 years:

148

10.8%

14.2%

50 to 59 years:

192

14.1%

13.6%

60 to 69 years:

163

11.9%

9.4%

70 to 79 years:

7.2%

5.4%

80 years and over:

4.8%

3.7%

Housing Information (56115 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$46,800

$119,600

Median year homes build:

1940

1971

Median real estate taxes:

$781 / yr.

$1,334 / yr.

Median rent:

$314 / mo.

$519 / mo.

Total households:

551

Family households:

376

68.2%

66.4%

Nonfamily households:

175

31.8%

33.6%

Households with individuals under 18 years:

156

28.3%

33.4%

Households with individuals 65 years and over:

159

28.9%

24.9%

Average household size:

2.5

Average family size:

2.9

Total housing units:

621

Occupied housing units:

551

88.7%

88.6%

Vacant housing units:

11.3%

11.4%

For rent:

1.0%

3.1%

Rented, not occupied:

0.2%

For sale only:

1.6%

1.4%

Sold, not occupied:

0.0%

0.3%

For seasonal, recreational, or occasional use:

2.4%

3.5%

All other vacants:

6.1%

2.8%

Homeowner vacancy rate:

2.0%

2.4%

Rental vacancy rate:

7.5%

9.2%

Owner-occupied housing units:

478

Population in owner-occupied housing units:

1,193

Average household size of owner-occupied units:

2.5

2.65

Renter-occupied housing units:

Population in renter-occupied housing units:

159

Average household size of renter-occupied units:

2.2

2.44

Educational Attainment (56115 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

912

Less than 9th grade:

8.1%

6.2%

9th to 12th grade, no diploma:

6.9%

8.7%

High school graduate (includes equivalency):

373

40.9%

29.0%

Some college, no degree:

226

24.8%

20.6%

Associate degree:

7.3%

7.5%

Bachelor's degree:

9.4%

17.6%

Graduate or professional degree:

2.5%

10.3%

Percent high school graduate or higher:

85.0%

Percent bachelor's degree or higher:

12.0%

27.9%

Income Information (56115 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:

505

37.0%

50.4%

Median income:

$23,299 / yr.

$27,932 / yr.

Full-time, year-round workers:

270

19.8%

59.7%

Median income:

$28,375 / yr.

$38,349 / yr.

Females 15 years and over with income:

519

38.0%

49.6%

Median income:

$15,594 / yr.

$16,327 / yr.

Full-time, year-round workers:

202

14.8%

40.3%

Median income:

$21,548 / 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.