| ZIP Code | 56520 |
|---|---|
| City | Breckenridge |
| State | Minnesota (MN) |
| County | Wilkin County |
| Area Code | 218 |
| Elevation | 979 ft |
| Latitude | 46.28975 |
|---|---|
| Longitude | -96.497076 |
| Timezone | Chicago (DST) |
| FIPS | 27167 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.4 yrs ↓ 3% since 2019 |
|---|---|
| Avg Household Size | 2.21 |
| Below Poverty | 19.7% ▲ 97% above avg |
| College Grads | 38.6% ≈ Avg |
| Unemployment | 6.2% ▲ 26% above avg |
| No HS Diploma | 24 (0.9%) |
| HS Graduate | 854 (33%) |
| Some College | 227 (8.8%) |
| Associates | 484 (18.7%) |
| Bachelors | 444 (17.2%) |
| Graduate Degree | 553 (21.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $61,537 ▼ 19% below avg ↑ 18% since 2019 |
|---|---|
| Median Home Value | $152,600 ▼ 45% below avg ↑ 9% since 2019 |
| Home/Income Ratio | 2.5x (nat avg ~3.5x) |
| Median Rent | $515/mo |
| Total Units | 1,904 |
| Vacant Units | 209 |
| Avg HH Size | 2.21 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,904 |
|---|---|
| Vacant | 209 |
| Owner Occupied | 72.6% |
| Renter Occupied | 27.4% |
| Avg HH Size | 2.21 |
ZIP code 56520 is located in Breckenridge, Minnesota, within Wilkin County. With a population of 3,886, this is a sparsely populated ZIP code with a middle-aged community — the median age is 42.4 years. Economically, 56520 is a solidly middle-class ZIP code: the median household income of $61,537 is below the national average.
Real estate in ZIP code 56520 represents an affordable housing market. The median home value of $152,600 is below the national average. Renters can expect to pay around $515 per month in median rent. Homeownership is strong here — 72.6% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 9% since 2019.
The population of 56520 is primarily White (90.89%). Residents are moderately educated — 38.6% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 19.7%. Household income has grown by 18% since 2019.
The unemployment rate in 56520 stands at 6.2%, which is above the national average. As in most parts of the country, driving alone is the dominant commute mode at 75%.
Overall, ZIP code 56520 in Breckenridge, MN is characterized as solidly middle-class, moderately educated, a middle-aged community, and predominantly owner-occupied. With 3,886 residents, a median household income of $61,537, and a median home value of $152,600, it offers a clear picture of life in this part of Minnesota.