Zip Code
56307
City
Albany, MN
Population & Migration
What is the forecasted population for Zip code 56307 Albany, MN?
- Population census 2020
- 5,428
- Forecasted population 2025
- 5,247
- -0.03% vs. 2020
- Forecasted population 2030
- 5,396
- -0.01% vs. 2020
Zip code 56307 Albany, MN population is forecasted to decrease -0.03% by 2025 (-8.0 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 5,247 people for 2025 zip code 56307 Albany, MN will generate a good demand for housing, which is expected to have an excess of -11 houses for 2030. Vacancy rate is 4.2 points below national US average.
- Total homes available 2020
- 1,946
- Estimated total home demand in 2030
- 1,934
- Total homes balance inventory
- -11
Average Household Income in zip code 56307 Albany, MN
from Internal Revenue Service
- Average household income in 2021
- $94,365
Affordability
- Affordability Index
- 3
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 56307 Albany, MN?
County total number of drinking water violations
54
-78%
244
County total number of drinking water contaminations
7
-71%
24
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