Zip Code
56007
City
Albert Lea, MN
Population & Migration
What is the forecasted population for Zip code 56007 Albert Lea, MN?
- Population census 2020
- 20,994
- Forecasted population 2025
- 21,842
- 4% vs. 2020
- Forecasted population 2030
- 21,417
- 2% vs. 2020
Zip code 56007 Albert Lea, MN population is forecasted to decrease 4% by 2025 (-0.7 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 21,842 people for 2025 zip code 56007 Albert Lea, MN will generate a good demand for housing, which is expected to have a deficit of 200 houses for 2030. Vacancy rate is 1.8 points below national US average.
- Total homes available 2020
- 9,950
- Estimated total home demand in 2030
- 10,150
- Total homes balance inventory
- 200
Average Household Income in zip code 56007 Albert Lea, MN
from Internal Revenue Service
- Average household income in 2021
- $72,822
Affordability
- Affordability Index
- 1
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 56007 Albert Lea, MN?
County total number of drinking water violations
18
-92%
232
County total number of drinking water contaminations
6
-73%
22
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