Zip Code
56265
City
Montevideo, MN
Population & Migration
What is the forecasted population for Zip code 56265 Montevideo, MN?
- Population census 2020
- 7,019
- Forecasted population 2025
- 7,298
- 0.04% vs. 2020
- Forecasted population 2030
- 7,109
- 0.01% vs. 2020
Zip code 56265 Montevideo, MN population is forecasted to decrease 0.04% by 2025 (-0.7 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 7,298 people for 2025 zip code 56265 Montevideo, MN will generate a good demand for housing, which is expected to have a deficit of 45 houses for 2030. Vacancy rate is 2.0 points below national US average.
- Total homes available 2020
- 3,479
- Estimated total home demand in 2030
- 3,524
- Total homes balance inventory
- 45
Average Household Income in zip code 56265 Montevideo, MN
from Internal Revenue Service
- Average household income in 2021
- $75,983
Affordability
- Affordability Index
- 2
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 56265 Montevideo, MN?
County total number of drinking water violations
1
-100%
244
County total number of drinking water contaminations
1
-96%
24
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