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56240

Zip code 56240: Graceville, Minnesota

Residential delivery areaBig Stone CountyCentral Time
Population
796
Median household income
$77K
U.S. $81K
Median home value
$153K
U.S. $333K
Median rent
$739/mo
U.S. $1,413
Median age
48.8
U.S. 38.9
Land area
149 sq mi
5 people/sq mi

Boundary is the Census Bureau's ZIP Code Tabulation Area, which closely tracks the postal delivery area.

About 56240

56240 is a rural zip code in Graceville, Minnesota (Big Stone County), covering 149 sq mi of land. About 796 people live here, or 5 per square mile. The median resident is 48.8 years old, compared with 38.9 nationally.

The median household earns $76,500 a year, close to the national median of $80,734. 17.3% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $153,400, or 2.0 years of median household income (U.S.: 4.1 years), which makes homes relatively affordable for local earners. 66% of occupied homes are lived in by their owners, and renters pay a median of $739 a month.

16% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 17.1 minutes each way, and 3% of workers work from home. The most common jobs among working residents are in management, healthcare and sales. 21% of them are self-employed (U.S.: 10%).

How 56240 compares

Sorted from highest to lowest national percentile

The percentile is the share of Americans who live in a zip code with a lower value, so the 50th percentile is typical. Rank 1 is the highest value in the state. Both include zip codes with at least 100 residents. Strengths and weaknesses mark measures in the best or worst fifth nationally, where higher or lower is clearly better (income, poverty, education, commute, broadband, insurance and similar). Measures like age or density are left unmarked.

People

Age

Median age
48.8
Under 18
23%
65 and over
28.6%

Race and ethnicity

  • White95%
  • Black0%
  • Hispanic0.5%
  • Asian0%
  • Native American2%
  • Pacific Islander0%
  • Other0%
  • Multiracial3%
Diversity index
10.1
U.S. 61.4
Foreign-born
0%
U.S. 14.1%
Born in state
83%

Language spoken at home (households)

English only
99%
Spanish
0%
Other Indo-European
0.9%
Asian / Pacific
0%
Other
0%

Households

Households
348
Average household size
2.2
Family households
56.6%
Married couples
52.3%
Living alone
37.1%
Veterans (of adults)
7.2%
Male / female
48% / 52%

Income and poverty

Household income distribution

<$25k
16%
$25–50k
21%
$50–75k
12%
$75–100k
11%
$100–150k
14%
$150–200k
16%
$200k+
9%

Median household income

56240
$76,500
Big Stone Co.
$70,400
Minnesota
$89,062
United States
$80,734
Per capita income
$44,764
U.S. $44,673
Poverty rate
17.3%
U.S. 12.5%
Households earning $150K+
25.6%
U.S. 23%
Income inequality (Gini)
0.429
U.S. 0.483

Housing

Median home value

56240
$153,400
Big Stone Co.
$169,100
Minnesota
$329,300
United States
$332,700

Median gross rent

56240
$739
Big Stone Co.
$745
Minnesota
$1,280
United States
$1,413

Types of housing

Single-family
74%
2–4 units
2%
5–19 units
13%
20+ units
5%
Mobile home
6%
Boat, RV, van
0%
Housing units
422
Owner-occupied
65.8%
Vacant
17.5%
Median year built
1971
Median rooms
6.5
Renters paying 30%+ of income
41.8%
Renters paying 50%+ of income
15.5%
Home value to income
2.0× (U.S. 4.1×)

Work and commute

How people get to work

Drove alone
77%
Carpooled
12%
Transit
0%
Walked
7%
Bicycle
0%
Worked from home
3%
Other
0.5%

Commute time (one way)

<10 min
51%
10–19
10%
20–29
12%
30–44
19%
45–59
1%
60+
7%
Average commute
17.1 min
U.S. 26.4 min
Unemployment
2.8%
U.S. 5.2%
In labor force
62.4%
U.S. 63.5%

Jobs and careers

What employed residents do, wherever they work

Occupations

Management
20%
Healthcare
15%
Sales
12%
Construction and repair
11%
Food service
8%
Transportation and moving
8%
Office and admin
6%
Production
6%
Education
4%
Cleaning and personal care
3%
Farming, fishing and forestry
3%
Business and finance
2%
Engineering and science
1%
Computer and math
0.3%
Arts, media and sports
0.3%
Legal and social services
0%
Police and fire
0%

Industries

Health care and social assistance
27%
Retail
17%
Agriculture and mining
13%
Construction
9%
Education
8%
Manufacturing
7%
Transportation, warehousing and utilities
4%
Finance, insurance and real estate
4%
Arts and recreation
3%
Public administration
2%
Other services
2%
Wholesale
2%
Restaurants and hotels
1%
Professional and technical services
0.8%
Admin, support and management
0%
Information
0%
Median earnings per worker
$61,528
U.S. $49,666
Self-employed
21.2%
U.S. 10%
Government workers
10.5%
U.S. 14.5%
Nonprofit workers
14.1%
U.S. 8.8%

Median earnings by type of work

Type of work56240U.S.
Management, business, science and arts$64,722$74,888
Service$26,198$26,804
Sales and office$54,167$40,476
Construction and maintenance$78,750$49,199
Production and transportation$62,917$39,989

Education, internet and health coverage

Highest education (adults 25+)

No diploma
6%
High school
35%
Some college
15%
Associate's
28%
Bachelor's
9%
Graduate
7%
High school graduate or higher
94.2%
Bachelor's degree or higher
16%
Graduate or professional degree
6.8%
Households with broadband
89.4%
Cable, fiber or DSL
76.7%
No internet access
9.8%
Without health insurance
1.1%
Limited-English households
0%

Geography

City (USPS)
Graceville
Center point
45.5626° N, 96.4836° W
Land area
149 sq mi
Water area
3.9 sq mi
Time zone
Central Time (UTC-6, UTC-5 in summer)
Zip type
Residential delivery area

56240 spans 2 counties

Zip codes near 56240

ZipCityDistanceIncome
56210Barry3.7 mi$83,750
56236Dumont8.2 mi$79,750
56225Clinton8.6 mi$95,978
56211Beardsley10 mi$83,250
56221Chokio14 mi$74,583
56278Ortonville16 mi$63,203
56219Browns Valley16 mi$68,833
57227Corona18 mi$96,500
57216Big Stone City18 mi$88,203
56296Wheaton18 mi$53,527
56207Alberta21 mi$87,969
57279Wilmot21 mi$71,324

Questions about 56240

What city is zip code 56240?

56240 is assigned to Graceville, Minnesota. The city name is the one the Postal Service prefers for mail addressed to this zip code.

What county is 56240 in?

56240 is mostly in Big Stone County, but it extends into 1 other county.

What is the population of 56240?

About 796 people live in 56240, according to the Census Bureau's American Community Survey.

What time zone is 56240 in?

56240 is in Central Time.

What is the median household income in 56240?

The median household income in 56240 is $76,500.

What zip codes are near 56240?

The closest zip codes to 56240 are 56210, 56236, 56225, 56211, 56221.

Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 56240, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.