ZIP Code 56520 is associated with the city of Breckenridge in Minnesota (Wilkin County) in the U.S. Approximately 7% of the population lives below the poverty line, while the median househould income sits at $52,028. The ZIP Code 56520 has a median age of approximately 43.5 years, with 24.7% of residents aged 62 years and older. An estimated 94.6% in this Minnesota region have a high school degree or higher, while the per capita income comes in at approximately $34,090. The current population estimate is 3,780.
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The median household income in ZIP Code 56520 is $52,028, while the region's mean household income is $71,891. Breaking income down further, per capita income in the region is $34,090. The per capita income in ZIP Code 56520 of $34,090 is approximately 9.4% 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 20.6% of the population in 56520 earn $50,000 to $74,999 per year, while an estimated 16.2% earn $35,000 to $49,999 per year, and 2.5% of 56520 residents earn $200,000 or more per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 3.0% |
| $10,000 to $14,999 per year | 10.6% |
| $15,000 to $24,999 per year | 8.1% |
| $25,000 to $34,999 per year | 10.0% |
| $35,000 to $49,999 per year | 16.2% |
| $50,000 to $74,999 per year | 20.6% |
| $75,000 to $99,999 per year | 9.9% |
| $100,000 to $149,999 per year | 13.9% |
| $150,000 to $199,999 per year | 5.2% |
| $200,000 or more per year | 2.5% |
In ZIP Code 56520, 94.6% of the population graduated high school, while 27.8% have a bachelor's degree or higher. In this region, 0.8% achieved an education level less than 9th grade, while 6.7% hold a graduate or professional degree. Approximately 25.2% in this Wilkin County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 0.8% |
| 9th to 12th grade, no diploma | 4.6% |
| High school graduate (includes equivalency) | 25.2% |
| Some college, no degree | 18.6% |
| Associate's degree | 23.0% |
| Bachelor's degree | 21.1% |
| Graduate or professional degree | 6.7% |
Looking at race in the population that makes up ZIP Code 56520, 99.3% is one race, while 0.7% are two or more races. Approximately 0.3% of 56520 residents are hispanic or Latino (of any race). The most common race in 56520 (race alone or in combination with one or more other races), is White (98.8%), followed by Black or African American (1.0%) .
| Industry | Percent |
|---|---|
| White | 98.8% |
| Black or African American | 1.0% |
| American Indian and Alaska Native | 0.8% |
| Asian | 0.0% |
| Native Hawaiian and Other Pacific Islander | 0.0% |
| Some other race | 0.2% |
Residents of ZIP Code 56520 are older than average. The median age of 43.5 years in ZIP Code 56520 is approximately 14.17% higher than the overall median age in the U.S. of 38.1 years. About 77.6% of residents are aged 18 years and older, and 24.7% of residents are 62 years and over. Approximately 13.2% of the population in 56520 falls in the age group 45 to 54 years, while an estimated 11.4% are aged 25 to 34 years. On the low end of the scale, 5.2% of 56520 residents are aged 5 to 9 years.
| Age Range | Percent |
|---|---|
| Under 5 years | 6.2% |
| 5 to 9 years | 5.2% |
| 10 to 14 years | 6.4% |
| 15 to 19 years | 6.0% |
| 20 to 24 years | 5.8% |
| 25 to 34 years | 11.4% |
| 35 to 44 years | 10.5% |
| 45 to 54 years | 13.2% |
| 55 to 59 years | 8.7% |
| 60 to 64 years | 6.3% |
| 65 to 74 years | 9.0% |
| 75 to 84 years | 5.7% |
| 85 years and over | 5.6% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 56520 is current access to health insurance, as an estimated 93.2% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 56520 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 93.2% |
| Risk Behavior | Percent of adults* |
|---|
Regarding the age of homes in ZIP Code 56520, an estimated 17.6% of homes were built between 1960 and 1969. Additionally, 16.2% of homes in the region were built between 2000 and 2009, while an estimated 0.0% of homes were built between 2010 and 2013 in this Wilkin County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 1.2% |
| Built between 2010 and 2013 | 0.0% |
| Built between 2000 and 2009 | 16.2% |
| Built between 1990 and 1999 | 10.3% |
| Built between 1980 and 1989 | 8.8% |
| Built between 1970 and 1979 | 12.4% |
| Built between 1960 and 1969 | 17.6% |
| Built between 1950 and 1959 | 11.9% |
| Built between 1940 and 1949 | 8.0% |
| Built in 1939 or earlier | 13.7% |
In 56520, 63.7% of the population is in the labor force. Recent estimates place 3.8% as working from home, while the total labor force in the region has a mean travel to time to work of 11.3 minutes. Approximately 31.3% of the employed population 16 years and over in 56520 work in educational services, and health care and social assistance, while an estimated 14.5% work in manufacturing. On the lower end of the scale, just 2.1% of 56520 workers 16 years and over work in arts, entertainment, and recreation, and accommodation and food services.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 8.7% |
| Construction | 4.8% |
| Manufacturing | 14.5% |
| Wholesale trade | 3.4% |
| Retail trade | 10.1% |
| Transportation and warehousing, and utilities | 5.6% |
| Information | 3.0% |
| Finance and insurance, and real estate and rental and leasing | 4.2% |
| Professional, scientific, management, and administrative | 2.7% |
| Educational services, and health care and social assistance | 31.3% |
| Arts, entertainment, and recreation, and accommodation and food services | 2.1% |
| Other services, except public administration | 6.4% |
| Public administration | 3.3% |
In ZIP Code 56520, 98.7% of the population lists "English only" as the language spoken in home, while 0.0% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 1.2% of homes, and other Indo-European languages are spoken in 0.0% of homes. Lastly, 0.1% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Wilkin County region.
| Language Spoken | Percent |
|---|---|
| English only | 98.7% |
| Spanish | 0.0% |
| Other Indo-European languages | 1.2% |
| Asian and Pacific Islander languages | 0.0% |
| Other languages | 0.1% |
Regarding solar power potential, ZIP Code 56520 has an average daily solar radiation level of 4.78 kWh/m2/day. This is approximately 16.02% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 27.47% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 56520 | 11.39¢/kWh | 8.66¢/kWh | 6.54¢/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 56520 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 3.05 | 1.9 | 5.84 |
| Feb | 4.06 | 3 | 6.31 |
| Mar | 4.67 | 3.65 | 7.02 |
| Apr | 5.71 | 5.13 | 7.3 |
| May | 5.62 | 5.17 | 7.13 |
| Jun | 6.05 | 5.72 | 6.95 |
| Jul | 6.47 | 6.22 | 6.51 |
| Aug | 6.21 | 6.08 | 6.65 |
| Sep | 5.7 | 5.15 | 7.02 |
| Oct | 4.05 | 3.32 | 6.92 |
| Nov | 3.27 | 2.33 | 5.99 |
| Dec | 2.56 | 1.78 | 5.46 |
Regarding consumer complaints about financial products in ZIP Code 56520, credit card have received the most complaints in 56520 in the past 12 months. Payday loan, title loan, or personal loan received the second most complaints. The most frequent complaint overall in this Wilkin County region was credit monitoring or identity theft protection services.
| Complaint Product | Number of Complaints* |
|---|---|
| Credit card | 1 |
| Payday loan, title loan, or personal loan | 1 |
| Complaint Issue | Number of Complaints* |
|---|---|
| Credit monitoring or identity theft protection services | 1 |
| Problem with a purchase shown on your statement | 1 |