56116 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 56116 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateMinnesota
CityBeaver Creek
Time ZoneAmerica/Chicago
Geo Location43.61497, -96.38155
Population665
Size110.133 square miles
Median Family Income$101500.00
Median Home Value$223100.00

Population & Demographics

The following information lists the population statistics and breakdown for the 56116 zip code. The total population is 665, of which, 309 are male and 309 are female. This total population is 470.99% less than the average. With a total area of 110.133 square miles, the population density is 7.5 people per square mile. The median age of the population is 37.2 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
2011574
2012600
2013615
2014654
2015651
2016690
2017764
2018767
2019826
2020771
2021665

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 335%
Age 5-98312.5%
Age 10-147511.3%
Age 15-19385.7%
Age 20-24416.2
Age 25-29121.8%
Age 30-34426.3%
Age 35-39355.3%
Age 40-4481 12.2%
Age 45-49365.4%
Age 50-54172.6%
Age 55-59365.4%
Age 60-64527.8%
Age 65-69538%
Age 70-74142.1%
Age 75-79121.8%
Age 80-8430.5%
Age 85 and over20.3%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 2.7 %
  • Speaks Spanish: 1.9 %
  • Speaks Other Indo-European Language: 0.8 %
  • Speaks Pacific Island Languages: 0 %
  • Speak Other Languages: 0 %
Marital Status: 
  • Currently Married: 75.9 %
  • Divorced: 4.6 %
  • Separated (not divorced): 0.6 %
  • Never Married: 17.9 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 56116 zip code is $101500. This is 13.00% greater than the national average. This income places 7.8% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $10489. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.007
$10,000.00 – $14,999.001
$15,000.00 – $24,999.004
$25,000.00 – $34,999.009
$35,000.00 – $49,999.0016
$50,000.00 – $74,999.0029
$75,000.00 – $99,999.0022
$100,000.00 – $149,999.0065
$150,000.00 – $199,999,0014
$200,000.00 +15

YearMedian Family Income ($ USD)
201163438
201267679
201372679
201475278
201575972
201667500
201767083
201875556
201977500
202080833
2021101500

Income Source# of Households
Wage or Salary180
Self Employment71
Social Security59
Dividends, Interest, or Rental51
Retirement28
Other19

Total Insured & Uninsured Individuals: 
  • Families Insure: 622
  • Families Uninsured: 43
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 28
  • No retirement income: 195

Education

In the 56116 zip code, 97.7% of individuals over 25 years old have a high school degree or higher, and 32.9% have a bachelors degree or higher. Additionally, 12% of individuals 3 years and older are in private school, and 88% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 56116 zip, there are an estimated 355 people in the labor force, of which, 355 are employed, and 0 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 22 minutes. Of the total people that work, 48 worked from home and 354 commuted. The average number of hours worked is 42.9. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts138
Services49
Sales and Office87
Construction and Maintenance:45
Transportation and Material Moving36





Housing

The median home value for the 56116 zip code is 223100. There is an estimated  223 number of occupied housing units, the median gross rent in is $658 per month, and the average monthly housing costs are estimated to be $1008. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,0003
$50,000 – $99,00020
$100,000 – $149,99920
$150,000 – $199,99934
$200,000 – $299,99955
$300,000 – $499,99943
$500,000 – $999,99914
$1,000,000+1

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 201914
2000 – 200953
1980 – 199930
1960 – 197939
1940 – 195929
1939 or earlier58

The median number of rooms in all housing units is 7.4 rooms.
Monthly Rent ($ USD)Number of Units
Less than $5007
$500 – $99914
$1,000 – $1,4993
$1,500 – $1,9991
$2,000 – $2,4990
$2,499 – $2,9990
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 3006
300-49929
500-79946
800-99926
1000-149937
1500-199938
2000-249925
2500-29991
3000+7

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%64
20%-24.9%11
25%-29.9%5
30%-34.9%1
35+%22



# of VehiclesHouseholds
None3
131
290
3+99
Home Heating Characteristics: 
  • Utility Gas: 0.9 %
  • Bottle Tank or LP Gas: 65 %
  • Electricity: 27.8 %
  • Oil or Kerosene etc: 4.5 %
  • Coal or Coke: 0 %
  • All Other: 0.4 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.