| ZIP Code | 56550 |
|---|---|
| City | Hendrum |
| State | Minnesota (MN) |
| County | Norman County |
| Area Code | 218 |
| Elevation | 872 ft |
| Latitude | 47.273933 |
|---|---|
| Longitude | -96.74306 |
| Timezone | Chicago (DST) |
| FIPS | 27107 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.7 yrs ↑ 3% since 2019 |
|---|---|
| Avg Household Size | 2.17 |
| Below Poverty | 12.7% ▲ 27% above avg |
| College Grads | 42.1% ▲ 9% above avg |
| Unemployment | 1.8% ▼ 63% below avg |
| HS Graduate | 53 (29.8%) |
| Some College | 20 (11.2%) |
| Associates | 30 (16.9%) |
| Bachelors | 33 (18.5%) |
| Graduate Degree | 42 (23.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $62,500 ▼ 18% below avg ↑ 39% since 2019 |
|---|---|
| Median Home Value | $185,900 ▼ 33% below avg ↑ 80% since 2019 |
| Home/Income Ratio | 3.0x (nat avg ~3.5x) |
| Median Rent | $850/mo ↑ 26% since 2019 |
| Total Units | 163 |
| Vacant Units | 29 |
| Avg HH Size | 2.17 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 163 |
|---|---|
| Vacant | 29 |
| Owner Occupied | 79.1% |
| Renter Occupied | 20.9% |
| Avg HH Size | 2.17 |
ZIP code 56550 is located in Hendrum, Minnesota, within Norman County. With a population of 291, this is a sparsely populated ZIP code with a middle-aged community — the median age is 42.7 years. Economically, 56550 is a solidly middle-class ZIP code: the median household income of $62,500 is below the national average.
Real estate in ZIP code 56550 represents an affordable housing market. The median home value of $185,900 is below the national average. Renters can expect to pay around $850 per month in median rent. Homeownership is strong here — 79.1% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 80% since 2019.
The population of 56550 is primarily White (92.10%). Residents are well-educated — 42.1% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 12.7%. Household income has grown by 39% since 2019.
The unemployment rate in 56550 stands at 1.8%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 88%.
Overall, ZIP code 56550 in Hendrum, MN is characterized as solidly middle-class, well-educated, a middle-aged community, and predominantly owner-occupied. With 291 residents, a median household income of $62,500, and a median home value of $185,900, it offers a clear picture of life in this part of Minnesota.