| ZIP Code | 56244 |
|---|---|
| City | Hancock |
| State | Minnesota (MN) |
| County | Stevens County |
| Area Code | 320 |
| Elevation | 1,139 ft |
| Latitude | 45.477723 |
|---|---|
| Longitude | -95.780133 |
| Timezone | Chicago (DST) |
| FIPS | 27149 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 32.8 yrs ↑ 5% since 2019 |
|---|---|
| Avg Household Size | 2.72 |
| Below Poverty | 6.3% ▼ 37% below avg |
| College Grads | 34.4% ▼ 11% below avg |
| Unemployment | 2.4% ▼ 51% below avg |
| No HS Diploma | 9 (1%) |
| HS Graduate | 307 (33.5%) |
| Some College | 101 (11%) |
| Associates | 184 (20.1%) |
| Bachelors | 140 (15.3%) |
| Graduate Degree | 175 (19.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $82,841 ▲ 9% above avg ↑ 28% since 2019 |
|---|---|
| Median Home Value | $137,500 ▼ 51% below avg ↑ 9% since 2019 |
| Home/Income Ratio | 1.7x (nat avg ~3.5x) |
| Median Rent | $854/mo ↑ 11% since 2019 |
| Total Units | 728 |
| Vacant Units | 91 |
| Avg HH Size | 2.72 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 728 |
|---|---|
| Vacant | 91 |
| Owner Occupied | 81.2% |
| Renter Occupied | 18.8% |
| Avg HH Size | 2.72 |
ZIP code 56244 is located in Hancock, Minnesota, within Stevens County. With a population of 1,739, this is a sparsely populated ZIP code with a relatively young community — the median age is 32.8 years. Economically, 56244 is a middle-income ZIP code: the median household income of $82,841 is near the national average.
Real estate in ZIP code 56244 represents one of the more affordable housing markets in the country. The median home value of $137,500 is well below the national average. Renters can expect to pay around $854 per month in median rent. Homeownership is strong here — 81.2% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 9% since 2019.
The population of 56244 is primarily White (90.34%). Residents are moderately educated — 34.4% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 6.3%. Household income has grown by 28% since 2019.
The unemployment rate in 56244 stands at 2.4%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 82%.
Overall, ZIP code 56244 in Hancock, MN is characterized as middle-income, moderately educated, a relatively young community, and predominantly owner-occupied. With 1,739 residents, a median household income of $82,841, and a median home value of $137,500, it offers a clear picture of life in this part of Minnesota.