56584 Zip Code

April 26, 2024

Zip Code:	56584
City/Town:	Twin Valley
State:	Minnesota

Population:	1,553
Per Capita Income:	$17,638
Mean Household Income:	$39,588

Total Housing Units:	639
Median Home Value:	$32,800
Median Year Homes Built:	1954

Land Area:	136.2 sq miles 352.8 sq kilometers
Water Area:	1.0 sq miles 2.6 sq kilometers

Population Information (56584 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

1,553

Male:

777

50.0%

49.2%

Female:

776

50.0%

50.8%

Median Age:

46.2 yrs

37.2 yrs

Under 5 years:

6.4%

6.5%

5 to 9 years:

104

6.3%

6.6%

10 to 19 years:

205

13.2%

13.8%

20 to 29 years:

112

7.2%

13.8%

30 to 39 years:

144

9.3%

13.0%

40 to 49 years:

196

12.6%

14.2%

50 to 59 years:

231

14.9%

13.6%

60 to 69 years:

180

11.6%

9.4%

70 to 79 years:

142

9.1%

5.4%

80 years and over:

140

9.0%

3.7%

Housing Information (56584 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$32,800

$119,600

Median year homes build:

1954

1971

Median real estate taxes:

$541 / yr.

$1,334 / yr.

Median rent:

$233 / mo.

$519 / mo.

Total households:

639

Family households:

416

65.1%

66.4%

Nonfamily households:

223

34.9%

33.6%

Households with individuals under 18 years:

181

28.3%

33.4%

Households with individuals 65 years and over:

247

38.7%

24.9%

Average household size:

2.4

Average family size:

2.9

Total housing units:

772

Occupied housing units:

639

82.8%

88.6%

Vacant housing units:

133

17.2%

11.4%

For rent:

2.2%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

3.0%

1.4%

Sold, not occupied:

2.1%

0.3%

For seasonal, recreational, or occasional use:

3.0%

3.5%

All other vacants:

6.9%

2.8%

Homeowner vacancy rate:

4.2%

2.4%

Rental vacancy rate:

11.3%

9.2%

Owner-occupied housing units:

507

Population in owner-occupied housing units:

1,263

Average household size of owner-occupied units:

2.5

2.65

Renter-occupied housing units:

132

Population in renter-occupied housing units:

243

Average household size of renter-occupied units:

1.8

2.44

Educational Attainment (56584 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

1,165

Less than 9th grade:

181

15.5%

6.2%

9th to 12th grade, no diploma:

103

8.8%

8.7%

High school graduate (includes equivalency):

502

43.1%

29.0%

Some college, no degree:

228

19.6%

20.6%

Associate degree:

4.3%

7.5%

Bachelor's degree:

8.0%

17.6%

Graduate or professional degree:

0.7%

10.3%

Percent high school graduate or higher:

75.6%

85.0%

Percent bachelor's degree or higher:

8.7%

27.9%

Income Information (56584 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:

613

39.5%

50.4%

Median income:

$22,649 / yr.

$27,932 / yr.

Full-time, year-round workers:

267

17.2%

59.7%

Median income:

$28,162 / yr.

$38,349 / yr.

Females 15 years and over with income:

652

42.0%

49.6%

Median income:

$10,174 / yr.

$16,327 / yr.

Full-time, year-round workers:

160

10.3%

40.3%

Median income:

$20,341 / yr.

$28,135 / yr.

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