56586 Zip Code

April 25, 2024

Zip Code:	56586
City/Town:	Underwood
State:	Minnesota

Population:	1,839
Per Capita Income:	$22,196
Mean Household Income:	$54,812

Total Housing Units:	789
Median Home Value:	$76,900
Median Year Homes Built:	1970

Land Area:	71.9 sq miles 186.3 sq kilometers
Water Area:	13.0 sq miles 33.6 sq kilometers

Population Information (56586 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

1,839

Male:

968

52.6%

49.2%

Female:

871

47.4%

50.8%

Median Age:

48.9 yrs

37.2 yrs

Under 5 years:

4.0%

6.5%

5 to 9 years:

6.0%

6.6%

10 to 19 years:

235

12.8%

13.8%

20 to 29 years:

128

7.0%

13.8%

30 to 39 years:

175

9.5%

13.0%

40 to 49 years:

247

13.4%

14.2%

50 to 59 years:

294

16.0%

13.6%

60 to 69 years:

322

17.5%

9.4%

70 to 79 years:

193

10.5%

5.4%

80 years and over:

4.5%

3.7%

Housing Information (56586 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$76,900

$119,600

Median year homes build:

1970

1971

Median real estate taxes:

$756 / yr.

$1,334 / yr.

Median rent:

$308 / mo.

$519 / mo.

Total households:

789

Family households:

565

71.6%

66.4%

Nonfamily households:

224

28.4%

33.6%

Households with individuals under 18 years:

186

23.6%

33.4%

Households with individuals 65 years and over:

281

35.6%

24.9%

Average household size:

2.3

Average family size:

2.7

Total housing units:

1,292

Occupied housing units:

789

61.1%

88.6%

Vacant housing units:

503

38.9%

11.4%

For rent:

0.8%

3.1%

Rented, not occupied:

0.0%

0.2%

For sale only:

1.1%

1.4%

Sold, not occupied:

0.3%

For seasonal, recreational, or occasional use:

453

35.1%

3.5%

All other vacants:

1.7%

2.8%

Homeowner vacancy rate:

2.0%

2.4%

Rental vacancy rate:

8.7%

9.2%

Owner-occupied housing units:

684

Population in owner-occupied housing units:

1,584

Average household size of owner-occupied units:

2.3

2.65

Renter-occupied housing units:

105

Population in renter-occupied housing units:

255

Average household size of renter-occupied units:

2.4

2.44

Educational Attainment (56586 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

1,240

Less than 9th grade:

7.0%

6.2%

9th to 12th grade, no diploma:

125

10.1%

8.7%

High school graduate (includes equivalency):

435

35.1%

29.0%

Some college, no degree:

284

22.9%

20.6%

Associate degree:

146

11.8%

7.5%

Bachelor's degree:

126

10.2%

17.6%

Graduate or professional degree:

3.0%

10.3%

Percent high school graduate or higher:

82.9%

85.0%

Percent bachelor's degree or higher:

13.1%

27.9%

Income Information (56586 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:

690

37.5%

50.4%

Median income:

$26,402 / yr.

$27,932 / yr.

Full-time, year-round workers:

309

16.8%

59.7%

Median income:

$33,456 / yr.

$38,349 / yr.

Females 15 years and over with income:

642

34.9%

49.6%

Median income:

$13,813 / yr.

$16,327 / yr.

Full-time, year-round workers:

222

12.1%

40.3%

Median income:

$21,214 / yr.

$28,135 / yr.

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