56265 ZIP Code – Montevideo, Minnesota

56265 is a ZIP code serving Montevideo, Minnesota in Chippewa County with a population of approximately 7,666 residents. Residents earn a median household income of $60,885, which is below the Minnesota average and below the national figure. The median home value of $140,300 is well below the national average, with 72.3% owner-occupied housing (increasing). ; median rent of $765 is similarly below the national average. Housing consists of 81% single-family (increasing), 13% apartments (increasing), 6% duplex/multi-family.

At 2.7%, the unemployment rate is well below the national figure. An estimated 15.0% of the population falls below the poverty line, near the national figure. 21.4% of adults hold a bachelor's degree or higher, below the U.S. average. The median age is 42.7, near the national median. Nearby ZIP codes include 56295, 56260, 56262.

ZIP Code 56265 Data

Population 7,666
Median Household Income $60,885
Median Home Value $140,300
Median Rent $765
Median Age 42.7
Unemployment Rate 2.7%
Poverty Rate 15.0%
Bachelor's Degree or Higher 21.4%
State Minnesota

ZIP 56265 vs. Minnesota vs. U.S.

MetricZIP 56265MN Avg.U.S. Avg.
Population7,6666,53110k
Median Household Income$60k$77k$73k
Median Home Value$140k$223k$258k
Median Rent$765$954$1,088
Median Age42.743.243.2
Unemployment Rate2.7%4.0%5.0%
Poverty Rate15.0%9.9%13.3%
Bachelor's Degree or Higher21.4%26.4%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
56295 WATSON 323 $63,750
56260 MAYNARD 898 $73,000
56262 MILAN 693 $80,625
56241 GRANITE FALLS 3,696 $64,128
56222 CLARA CITY 2,185 $66,917