ZIP Code 56265 is associated with the city of Montevideo in Minnesota (Chippewa County) in the U.S. The 56265 ZIP Code has a median age of 42.1 years, and 24.6% of residents are aged 62 years and older. The median household income is approximately $54,863, and an estimated 7% of the population is living below the poverty line. An estimated 89.7% in this Minnesota region have a high school degree or higher, while the per capita income comes in at approximately $33,605. The current population estimate is 7,324.
7:43 am
6:32 pm
Fair
The median household income in ZIP Code 56265 is $54,863, while the region's mean household income is $74,092. Breaking income down further, per capita income in the region is $33,605. The per capita income in ZIP Code 56265 of $33,605 is approximately 10.68% less than the per capita income in the U.S. overall of $37,625. An estimated 6.8% of the population is living below the poverty line in this region. This rate is approximately 28.42% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 20.2% of the population in 56265 earn $50,000 to $74,999 per year, while an estimated 14.5% earn $100,000 to $149,999 per year, and 3.5% of 56265 residents earn less than $10,000 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 3.5% |
| $10,000 to $14,999 per year | 8.1% |
| $15,000 to $24,999 per year | 9.7% |
| $25,000 to $34,999 per year | 8.3% |
| $35,000 to $49,999 per year | 14.2% |
| $50,000 to $74,999 per year | 20.2% |
| $75,000 to $99,999 per year | 12.5% |
| $100,000 to $149,999 per year | 14.5% |
| $150,000 to $199,999 per year | 4.5% |
| $200,000 or more per year | 4.3% |
In ZIP Code 56265, 89.7% of the population graduated high school, while 20.3% have a bachelor's degree or higher. In this region, 6.6% achieved an education level less than 9th grade, while 4.5% hold a graduate or professional degree. Approximately 34.9% in this Chippewa County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 6.6% |
| 9th to 12th grade, no diploma | 3.7% |
| High school graduate (includes equivalency) | 34.9% |
| Some college, no degree | 22.1% |
| Associate's degree | 12.5% |
| Bachelor's degree | 15.7% |
| Graduate or professional degree | 4.5% |
Looking at race in the population that makes up ZIP Code 56265, 98.8% is one race, while 1.2% are two or more races. Approximately 7.9% of 56265 residents are hispanic or Latino (of any race). The most common race in 56265 (race alone or in combination with one or more other races), is White (91.2%), followed by Some other race (4.9%) .
| Industry | Percent |
|---|---|
| White | 91.2% |
| Black or African American | 2.1% |
| American Indian and Alaska Native | 1.0% |
| Asian | 1.8% |
| Native Hawaiian and Other Pacific Islander | 0.2% |
| Some other race | 4.9% |
Residents of ZIP Code 56265 are older than average. The median age of 42.1 years in ZIP Code 56265 is approximately 10.5% higher than the overall median age in the U.S. of 38.1 years. About 78.0% of residents are aged 18 years and older, and 24.6% of residents are 62 years and over. Approximately 12.5% of the population in 56265 falls in the age group 45 to 54 years, while an estimated 12.0% are aged 35 to 44 years. On the low end of the scale, 4.8% of 56265 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 6.8% |
| 5 to 9 years | 5.1% |
| 10 to 14 years | 6.9% |
| 15 to 19 years | 5.1% |
| 20 to 24 years | 6.1% |
| 25 to 34 years | 10.9% |
| 35 to 44 years | 12.0% |
| 45 to 54 years | 12.5% |
| 55 to 59 years | 6.7% |
| 60 to 64 years | 7.8% |
| 65 to 74 years | 9.9% |
| 75 to 84 years | 5.4% |
| 85 years and over | 4.8% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 56265 is current access to health insurance, as an estimated 91.2% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 56265 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 91.2% |
| Risk Behavior | Percent of adults* |
|---|
Regarding the age of homes in ZIP Code 56265, an estimated 22.7% of homes were built in 1939 or earlier. Additionally, 19.4% of homes in the region were built between 1950 and 1959, while an estimated 0.2% of homes were built in 2014 or later in this Chippewa County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 0.2% |
| Built between 2010 and 2013 | 0.5% |
| Built between 2000 and 2009 | 7.3% |
| Built between 1990 and 1999 | 5.1% |
| Built between 1980 and 1989 | 4.2% |
| Built between 1970 and 1979 | 18.1% |
| Built between 1960 and 1969 | 13.2% |
| Built between 1950 and 1959 | 19.4% |
| Built between 1940 and 1949 | 9.4% |
| Built in 1939 or earlier | 22.7% |
In 56265, 67.8% of the population is in the labor force. Recent estimates place 6.8% as working from home, while the total labor force in the region has a mean travel to time to work of 18.6 minutes. Approximately 24.6% of the employed population 16 years and over in 56265 work in educational services, and health care and social assistance, while an estimated 21.9% work in manufacturing. On the lower end of the scale, just 0.6% of 56265 workers 16 years and over work in information.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 3.9% |
| Construction | 7.2% |
| Manufacturing | 21.9% |
| Wholesale trade | 1.8% |
| Retail trade | 12.9% |
| Transportation and warehousing, and utilities | 4.0% |
| Information | 0.6% |
| Finance and insurance, and real estate and rental and leasing | 4.4% |
| Professional, scientific, management, and administrative | 5.8% |
| Educational services, and health care and social assistance | 24.6% |
| Arts, entertainment, and recreation, and accommodation and food services | 7.3% |
| Other services, except public administration | 3.2% |
| Public administration | 2.4% |
In ZIP Code 56265, 91.0% of the population lists "English only" as the language spoken in home, while 7.4% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 0.6% of homes, and other Indo-European languages are spoken in 0.3% of homes. Lastly, 0.7% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Chippewa County region.
| Language Spoken | Percent |
|---|---|
| English only | 91.0% |
| Spanish | 7.4% |
| Other Indo-European languages | 0.6% |
| Asian and Pacific Islander languages | 0.3% |
| Other languages | 0.7% |
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 56265 | 10.02¢/kWh | 9.09¢/kWh | 5.93¢/kWh |
| Minnesota | 16.32¢/kWh | 13.1¢/kWh | 9.79¢/kWh |
| United States | 16.62¢/kWh | 13.58¢/kWh | 8.81¢/kWh |
| Month | ZIP Code 56265 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 1.9 | 5.84 | |
| Feb | 3 | 6.31 | |
| Mar | 3.65 | 7.02 | |
| Apr | 5.13 | 7.3 | |
| May | 5.17 | 7.13 | |
| Jun | 5.72 | 6.95 | |
| Jul | 6.22 | 6.51 | |
| Aug | 6.08 | 6.65 | |
| Sep | 5.15 | 7.02 | |
| Oct | 3.32 | 6.92 | |
| Nov | 2.33 | 5.99 | |
| Dec | 1.78 | 5.46 |
Regarding consumer complaints about financial products in ZIP Code 56265, checking or savings account have received the most complaints in 56265 in the past 12 months. Debt collection received the second most complaints. The most frequent complaint overall in this Chippewa County region was problem with a lender or other company charging a account.
| Complaint Product | Number of Complaints* |
|---|---|
| Checking or savings account | 2 |
| Debt collection | 1 |
| Payday loan, title loan, or personal loan | 1 |
| Complaint Issue | Number of Complaints* |
|---|---|
| Problem with a lender or other company charging your account | 2 |
| Attempts to collect debt not owed | 1 |
| Struggling to pay your loan | 1 |