56387 Zip Code

April 25, 2024

Zip Code:	56387
City/Town:	Waite Park
State:	Minnesota

Population:	6,734
Per Capita Income:	$21,619
Mean Household Income:	$47,163

Total Housing Units:	3,132
Median Home Value:	$95,000
Median Year Homes Built:	1982

Land Area:	8.5 sq miles 22.0 sq kilometers
Water Area:	0.0 sq miles 0.0 sq kilometers

Population Information (56387 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

6,734

Male:

3,211

47.7%

49.2%

Female:

3,523

52.3%

50.8%

Median Age:

32.6 yrs

37.2 yrs

Under 5 years:

470

7.0%

6.5%

5 to 9 years:

373

5.7%

6.6%

10 to 19 years:

679

10.1%

13.8%

20 to 29 years:

1,589

23.6%

13.8%

30 to 39 years:

766

11.4%

13.0%

40 to 49 years:

692

10.3%

14.2%

50 to 59 years:

687

10.2%

13.6%

60 to 69 years:

567

8.4%

9.4%

70 to 79 years:

466

6.9%

5.4%

80 years and over:

445

6.6%

3.7%

Housing Information (56387 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$95,000

$119,600

Median year homes build:

1982

1971

Median real estate taxes:

$857 / yr.

$1,334 / yr.

Median rent:

$526 / mo.

$519 / mo.

Total households:

3,132

Family households:

1,544

49.3%

66.4%

Nonfamily households:

1,588

50.7%

33.6%

Households with individuals under 18 years:

715

22.8%

33.4%

Households with individuals 65 years and over:

843

26.9%

24.9%

Average household size:

2.1

Average family size:

2.8

Total housing units:

3,428

Occupied housing units:

3,132

91.4%

88.6%

Vacant housing units:

296

8.6%

11.4%

For rent:

207

6.0%

3.1%

Rented, not occupied:

0.4%

0.2%

For sale only:

0.9%

1.4%

Sold, not occupied:

0.1%

0.3%

For seasonal, recreational, or occasional use:

0.4%

3.5%

All other vacants:

0.8%

2.8%

Homeowner vacancy rate:

2.2%

2.4%

Rental vacancy rate:

10.6%

9.2%

Owner-occupied housing units:

1,401

Population in owner-occupied housing units:

3,120

Average household size of owner-occupied units:

2.2

2.65

Renter-occupied housing units:

1,731

Population in renter-occupied housing units:

3,532

Average household size of renter-occupied units:

2.0

2.44

Educational Attainment (56387 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

3,969

Less than 9th grade:

351

8.8%

6.2%

9th to 12th grade, no diploma:

215

5.4%

8.7%

High school graduate (includes equivalency):

1,415

35.7%

29.0%

Some college, no degree:

1,057

26.6%

20.6%

Associate degree:

287

7.2%

7.5%

Bachelor's degree:

424

10.7%

17.6%

Graduate or professional degree:

220

5.5%

10.3%

Percent high school graduate or higher:

85.7%

85.0%

Percent bachelor's degree or higher:

16.2%

27.9%

Income Information (56387 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:

2,596

38.6%

50.4%

Median income:

$24,108 / yr.

$27,932 / yr.

Full-time, year-round workers:

1,448

21.5%

59.7%

Median income:

$27,538 / yr.

$38,349 / yr.

Females 15 years and over with income:

2,683

39.8%

49.6%

Median income:

$14,010 / yr.

$16,327 / yr.

Full-time, year-round workers:

1,050

15.6%

40.3%

Median income:

$21,851 / yr.

$28,135 / yr.

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