56362 Zip Code

April 26, 2024

Zip Code:	56362
City/Town:	Paynesville
State:	Minnesota

Population:	5,844
Per Capita Income:	$21,306
Mean Household Income:	$57,869

Total Housing Units:	2,331
Median Home Value:	$85,200
Median Year Homes Built:	1965

Land Area:	147.2 sq miles 381.1 sq kilometers
Water Area:	7.5 sq miles 19.3 sq kilometers

Population Information (56362 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

5,844

Male:

2,938

50.3%

49.2%

Female:

2,906

49.7%

50.8%

Median Age:

43.6 yrs

37.2 yrs

Under 5 years:

361

6.2%

6.5%

5 to 9 years:

393

5.9%

6.6%

10 to 19 years:

744

12.7%

13.8%

20 to 29 years:

575

9.8%

13.8%

30 to 39 years:

588

10.1%

13.0%

40 to 49 years:

800

13.7%

14.2%

50 to 59 years:

836

14.3%

13.6%

60 to 69 years:

643

11.0%

9.4%

70 to 79 years:

513

8.8%

5.4%

80 years and over:

391

6.7%

3.7%

Housing Information (56362 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$85,200

$119,600

Median year homes build:

1965

1971

Median real estate taxes:

$929 / yr.

$1,334 / yr.

Median rent:

$366 / mo.

$519 / mo.

Total households:

2,331

Family households:

1,664

71.4%

66.4%

Nonfamily households:

667

28.6%

33.6%

Households with individuals under 18 years:

678

29.1%

33.4%

Households with individuals 65 years and over:

775

33.2%

24.9%

Average household size:

2.5

Average family size:

2.9

Total housing units:

2,978

Occupied housing units:

2,331

78.3%

88.6%

Vacant housing units:

647

21.7%

11.4%

For rent:

1.1%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

1.1%

1.4%

Sold, not occupied:

0.3%

For seasonal, recreational, or occasional use:

527

17.7%

3.5%

All other vacants:

1.4%

2.8%

Homeowner vacancy rate:

1.7%

2.4%

Rental vacancy rate:

7.3%

9.2%

Owner-occupied housing units:

1,926

Population in owner-occupied housing units:

4,976

Average household size of owner-occupied units:

2.6

2.65

Renter-occupied housing units:

405

Population in renter-occupied housing units:

784

Average household size of renter-occupied units:

1.9

2.44

Educational Attainment (56362 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

3,717

Less than 9th grade:

403

10.8%

6.2%

9th to 12th grade, no diploma:

307

8.3%

8.7%

High school graduate (includes equivalency):

1,529

41.1%

29.0%

Some college, no degree:

762

20.5%

20.6%

Associate degree:

219

5.9%

7.5%

Bachelor's degree:

359

9.7%

17.6%

Graduate or professional degree:

138

3.7%

10.3%

Percent high school graduate or higher:

80.9%

85.0%

Percent bachelor's degree or higher:

13.4%

27.9%

Income Information (56362 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:

2,114

36.2%

50.4%

Median income:

$27,004 / yr.

$27,932 / yr.

Full-time, year-round workers:

1,177

20.1%

59.7%

Median income:

$31,411 / yr.

$38,349 / yr.

Females 15 years and over with income:

1,950

33.4%

49.6%

Median income:

$13,404 / yr.

$16,327 / yr.

Full-time, year-round workers:

637

10.9%

40.3%

Median income:

$21,384 / yr.

$28,135 / yr.

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