Welcome to GRACEVILLE, MN 56240
56240 is a sparsely populated, suburban zip code in Graceville, Minnesota. Median household income here ($27,411) is significantly lower than US average ($56,604). The population is primarily white, older, and mostly married couples.
The average family income here is $38,384/year. This is less than the national average of $70,000/year. However, the national average number is a little misleading because there are some very wealthy Americans earning $50 million a year or more. (Wouldn't that be nice!) This pushes the national average higher than in would be without those edge cases. The median household income in the US (median, meaning half of US households make more and half make less) is at about $50,000/year. Median family income in 56240 is $34,091.
An intersting fact about income: Men in 56240 earn an average of $24,732/year. Women earn only $17,246/year.
423 people in 56240 have jobs. This statistic includes anyone over the age of 16.
Are you thinking about moving to a neighborhood in 56240? This might seal the deal. The average commute time for people here is only 14.9 minutes!
The median age here is 47. There are 505 men and 537 women. The median age for men is 46 while for women the median age is 48.
To give you a sense of the community, 804 people (out of the 1,042 people live here) have lived in their home at least 5 years. The Post Office delivers mail to 263 homes, and 6 businesses every day. 31 people ride bikes or walk to work on a fairly regular basis.
56240 Zip code is located in the Central time zone at 46 degrees latitude (Fun Fact: this is the same latitude as Odessa, Ukraine!) and -96 degrees longitude. It has an average elevation of 1,107 feet above sea levell.
Neighborhoods in Zip Code 56240
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Other nearby neighborhoods
Worth Watching
Premier Neighborhoods How to Earn a Star
HOA Property Management Information in Graceville, MN
Find An HOA Property Manager
HOA Property Management Resources
- 5 Signs It's Time to Fire Your Association Manager
- How To Select the Right HOA Management Company
- Should You Hire An HOA Management Firm?
- How To Collect Delinquent HOA Dues and Fees
- Should Your HOA Invest Its Reserves?
- What Should You Expect from Your Management Company?
- Understanding Authority is Key to HOA Communication
Real Estate & Home Values in Graceville, MN
Average Home Value in 56240: $69,400
Home Buyer and Seller Resources
- Does Mortgage Aid Hurt Your Credit?
- Loan Modification: Is it Right for You?
- Should You Refinance Your Mortgage?
- First Time Homebuyers Guide
- Financial Assistance for First Time Homebuyers
- Do You Qualify for an FHA Loan?
- Homeowners insurance: What you need to know
- Home Maintenance Checklist
- What Is A Short Sale?
- What Is A Deed-In-Lieu?
- Reverse mortgage: the pros and cons
- How to Sell Your Home In a Down Market
- 2009 Mortgage Bailout Explained
- Obama Stimulus Plan FAQ
Demographics
- Total Population: 1,042
- White Population: 1,037
- Black Population: 4
- Hispanic Population: 4
- Asian Population: 3
- Hawaiian Population: 0
- Indian Population: 3
- Male Population: 505
- Female Population: 537
- Median Age: 47
- Median Age of Males: 46
- Median Age of Females: 48
Geography
- Region: Midwest
- Division: West North Central
- State: Minnesota
- County: Big Stone
- City: Graceville
- Longitude: -96.4
- Latitude: 45.6
- Elevation: 1,108 feet above sea levele
- Area code: 320
Marital Status
Average Age
The Commute to Work
- Total commuters: 380
- Drive alone: 297
- Carpool: 46
- Public transit: 3
- Ride bikes or walk: 31
- Average commute time: 14.9 minutes.
- 0 - 5: 67
- 5 - 9: 111
- 10 - 14: 48
- 15 - 19: 31
- 20 - 24: 42
- 25 - 29: 23
- 30 - 34: 23
- 35 - 39: 7
- 40 - 44: 11
- 45 - 59: 9
- 60 - 89: 6
- 90 plus: 2
The Economics
- Average House Value: $69,400
- Average Annual Household Income: $42,857
- Businesses: 26
- Employees: 258
- Annual Payroll: $8,778,000
- Average Family Income: $38,384
- Median Family Income: $27,411
- Average Income for Men: $24,732
- Average Income for Women: $17,246
The Politics
- Congressional District: 07
- Congressional District Land Area: 31796.0
- Sr Senator: Al Franken (D)
- Jr Senator: Amy Klobuchar (D)
- US House Representative: Collin C. Peterson (D)
Other Stuff
- County FIPS Code: 011
- State FIPS Code: 27
Farmer's Markets in Zip Code 56240
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Schools in 56240 Zip Code
View all schools in Graceville
- Primary Schools
- Big Stone Colony Elementary
- 26051 Big Stone Colony Road
- Graceville, MN 56240
- (320) 748-7117
- High Schools
- Clinton Graceville Beardsley Sr.
- 712 3rd Street
- Graceville, MN 56240
- (320) 748-7233
Photos near Zip Code 56240, Graceville, MN
Sex Offender Information
For most citizens, the easiest method to obtain accurate and timely sex offender information for their local area is to visit their state sex offender registry website. States are required to provide this information for free. You do not need to pay for this information.
In the 56240 zip code, the registered sex offenders can be found at http://www.dps.state.mn.us/bca/Invest/Documents/Page-07.html. Please be sure to read all the disclaimers provided by the state.
For more information check out the resources listed below: