56307 Zip Code

April 19, 2024

Zip Code:	56307
City/Town:	Albany
State:	Minnesota

Population:	5,157
Per Capita Income:	$19,832
Mean Household Income:	$58,704

Total Housing Units:	1,905
Median Home Value:	$92,600
Median Year Homes Built:	1963

Land Area:	107.2 sq miles 277.8 sq kilometers
Water Area:	1.8 sq miles 4.7 sq kilometers

Population Information (56307 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

5,157

Male:

2,552

49.5%

49.2%

Female:

2,605

50.5%

50.8%

Median Age:

35.0 yrs

37.2 yrs

Under 5 years:

401

7.8%

6.5%

5 to 9 years:

419

6.6%

10 to 19 years:

769

14.9%

13.8%

20 to 29 years:

628

12.2%

13.8%

30 to 39 years:

699

13.6%

13.0%

40 to 49 years:

715

13.9%

14.2%

50 to 59 years:

566

11.0%

13.6%

60 to 69 years:

399

7.7%

9.4%

70 to 79 years:

266

5.2%

5.4%

80 years and over:

295

5.7%

3.7%

Housing Information (56307 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$92,600

$119,600

Median year homes build:

1963

1971

Median real estate taxes:

$923 / yr.

$1,334 / yr.

Median rent:

$336 / mo.

$519 / mo.

Total households:

1,905

Family households:

1,390

73.0%

66.4%

Nonfamily households:

515

27.0%

33.6%

Households with individuals under 18 years:

734

38.5%

33.4%

Households with individuals 65 years and over:

489

25.7%

24.9%

Average household size:

2.7

Average family size:

3.1

Total housing units:

1,981

Occupied housing units:

1,905

96.2%

88.6%

Vacant housing units:

3.8%

11.4%

For rent:

1.0%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

0.5%

1.4%

Sold, not occupied:

0.0%

0.3%

For seasonal, recreational, or occasional use:

1.1%

3.5%

All other vacants:

1.2%

2.8%

Homeowner vacancy rate:

0.6%

2.4%

Rental vacancy rate:

5.2%

9.2%

Owner-occupied housing units:

1,542

Population in owner-occupied housing units:

4,393

Average household size of owner-occupied units:

2.9

2.65

Renter-occupied housing units:

363

Population in renter-occupied housing units:

683

Average household size of renter-occupied units:

1.9

2.44

Educational Attainment (56307 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

2,546

Less than 9th grade:

381

15.0%

6.2%

9th to 12th grade, no diploma:

224

8.8%

8.7%

High school graduate (includes equivalency):

990

38.9%

29.0%

Some college, no degree:

539

21.2%

20.6%

Associate degree:

126

4.9%

7.5%

Bachelor's degree:

197

7.7%

17.6%

Graduate or professional degree:

3.5%

10.3%

Percent high school graduate or higher:

76.2%

85.0%

Percent bachelor's degree or higher:

11.2%

27.9%

Income Information (56307 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:

1,432

27.8%

50.4%

Median income:

$26,235 / yr.

$27,932 / yr.

Full-time, year-round workers:

820

15.9%

59.7%

Median income:

$32,184 / yr.

$38,349 / yr.

Females 15 years and over with income:

1,374

26.6%

49.6%

Median income:

$14,250 / yr.

$16,327 / yr.

Full-time, year-round workers:

499

9.7%

40.3%

Median income:

$20,104 / 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.