56554 ZIP Code – Lake Park, Minnesota

ZIP code 56554 is a small ZIP code located in Lake Park, Minnesota, within Becker County with a population of approximately 2,698 residents. Residents earn a median household income of $86,607, which is near the Minnesota average and above the national figure. Median home values of $279,900 are near the national average, with 90.3% owner-occupied housing (decreasing). ; median rent of $700 is similarly below the national average. Housing consists of 94% single-family (increasing).

At 1.5%, the unemployment rate is well below the national figure. The poverty rate of 4.9% is well below the U.S. average. About 35.8% of residents have completed a four-year degree, above the national rate. The median age is 48.8, near the national median. The surrounding area includes ZIP codes 56511, 56552, 56549.

ZIP Code 56554 Data

Population 2,698
Median Household Income $86,607
Median Home Value $279,900
Median Rent $700
Median Age 48.8
Unemployment Rate 1.5%
Poverty Rate 4.9%
Bachelor's Degree or Higher 35.8%
County Becker County
State Minnesota

ZIP 56554 vs. Minnesota vs. U.S.

MetricZIP 56554MN Avg.U.S. Avg.
Population2,6986,53110k
Median Household Income$86k$77k$73k
Median Home Value$279k$223k$258k
Median Rent$700$954$1,088
Median Age48.843.243.2
Unemployment Rate1.5%4.0%5.0%
Poverty Rate4.9%9.9%13.3%
Bachelor's Degree or Higher35.8%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
56511 AUDUBON 1,937 $82,330
56552 HITTERDAL 540 $49,766
56549 HAWLEY 4,839 $98,616
56521 CALLAWAY 795 $65,625
56501 DETROIT LAKES 18,085 $68,413