US ZIP Code
56470

Park Rapids, MN

Hubbard County  ·  Minnesota

● Active
👥 10,859 Population ↑ 4% since 2019
💰 $68,351 Median HH Income
▼ 10% below avg ↑ 29% since 2019
🎂 48.9 Median Age
🏠 $260,500 Median Home Value
≈ Avg ↑ 35% since 2019
🎓 47.1% College Grads
▲ 22% above avg
📊 4.7% Unemployment
≈ Avg ↑ 9% since 2019
ZIP Code Details
ZIP Code56470
CityPark Rapids
StateMinnesota (MN)
CountyHubbard County
Area Code218
Elevation1,462 ft
Latitude47.026894
Longitude-95.091886
TimezoneChicago (DST)
FIPS27057
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 50.1% (5,443) Female 49.9% (5,416) ♀

Race & Ethnicity

White: 91%Hispanic: 2.1%Black: 0.4%Asian: 0.2%Other: 4.1%Race
White91.0%
Hispanic2.1%
Black0.4%
Asian0.2%
Other4.1%

Age Breakdown

Under 5
5%
5–17
16%
18–24
6%
25–44
19%
45–64
25%
65+
13%

Key Indicators

Median Age48.9 yrs
Avg Household Size2.28
Below Poverty10.0% ≈ Avg
College Grads47.1% ▲ 22% above avg
Unemployment4.7% ≈ Avg
No HS Diploma54 (0.7%)
HS Graduate1,912 (25.6%)
Some College949 (12.7%)
Associates1,037 (13.9%)
Bachelors1,228 (16.4%)
Graduate Degree2,297 (30.7%)

Education

No HS: 0.7%HS Grad: 25.6%Some College: 12.7%Associates: 13.9%Bachelors: 16.4%Graduate: 30.7%Edu
No HS0.7%
HS Grad25.6%
Some College12.7%
Associates13.9%
Bachelors16.4%
Graduate30.7%
Housing & Income

Housing Tenure

Owner: 73.4%Renter: 26.6%Tenure
Owner73.4%
Renter26.6%

Home Value Distribution

Under $50k
3%
$50k–100k
5%
$100k–150k
9%
$150k–200k
14%
$200k–300k
29%
$300k–500k
24%
Over $500k
17%

Financials

Median HH Income$68,351 ▼ 10% below avg ↑ 29% since 2019
Median Home Value$260,500 ≈ Avg ↑ 35% since 2019
Home/Income Ratio3.8x (nat avg ~3.5x)
Median Rent$929/mo ↑ 38% since 2019
Total Units7,478
Vacant Units2,824
Avg HH Size2.28

Income Distribution

Under $25k
20%
$25k–50k
15%
$50k–75k
21%
$75k–100k
12%
$100k–150k
18%
$150k–200k
8%
Over $200k
6%
Employment & Commute

How People Get to Work

Drove Alone
82%
Public Transit
1%
Walked
2%
Work From Home
15%

Commute Time

Under 15 min
45%
15–30 min
33%
30–45 min
7%
Over 45 min
15%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
7%
1960s–1970s
14%
1980s–1990s
20%
2000+
59%

Summary

Total Units7,478
Vacant2,824
Owner Occupied73.4%
Renter Occupied26.6%
Avg HH Size2.28
Frequently Asked Questions
ZIP code 56470 is in Park Rapids, MN, in Hubbard County.
ZIP code 56470 is located in Minnesota (MN).
ZIP code 56470 is in Hubbard County, MN.
ZIP 56470 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 56470 is 10,859 people (ACS 2023).
The median household income in ZIP code 56470 is $68,351 (ACS 2023).
The median home value in ZIP 56470 is $260,500 (ACS 2023).
About ZIP Code 56470

ZIP code 56470 is located in Park Rapids, Minnesota, within Hubbard County. With a population of 10,859, this is a lightly populated ZIP code with a mature community — the median age is 48.9 years. Economically, 56470 is a solidly middle-class ZIP code: the median household income of $68,351 is near the national average.

Real estate in ZIP code 56470 represents a mid-range housing market. The median home value of $260,500 is near the national average. Renters can expect to pay around $929 per month in median rent. Homeownership is strong here — 73.4% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 35% since 2019.

The population of 56470 is primarily White (90.97%). Residents are well-educated — 47.1% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 10.0%. Household income has grown by 29% since 2019.

The unemployment rate in 56470 stands at 4.7%, which is near the national average. About 13% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 73%.

Overall, ZIP code 56470 in Park Rapids, MN is characterized as solidly middle-class, well-educated, a mature community, and predominantly owner-occupied. With 10,859 residents, a median household income of $68,351, and a median home value of $260,500, it offers a clear picture of life in this part of Minnesota.