Zip Code

56097

City

Wells, MN

Population & Migration

What is the forecasted population for Zip code 56097 Wells, MN?

Population census 2020
3,770
Forecasted population 2025
3,545
-0.06% vs. 2020
Forecasted population 2030
3,511
-0.07% vs. 2020

Zip code 56097 Wells, MN population is forecasted to decrease -0.06% by 2025 (-10.7 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 3,545 people for 2025 zip code 56097 Wells, MN will generate a good demand for housing, which is expected to have an excess of -125 houses for 2030. Vacancy rate is 0.2 points below national US average.

Total homes available 2020
1,830
Estimated total home demand in 2030
1,704
Total homes balance inventory
-125

Average Household Income in zip code 56097 Wells, MN
from Internal Revenue Service

Average household income in 2021
$65,847

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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Drinking water violations

How is the quality of drinking water in Zip code 56097 Wells, MN?

County total number of drinking water violations

3

-99%

244

County total number of drinking water contaminations

3

-88%

24

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