56295 Zip Code (Watson, MN) Detailed Profile

Estimated zip code population in 2022: 324
Zip code population in 2010: 310
Zip code population in 2000: 289

Houses and condos: 150
Renter-occupied apartments: 25
March 2022 cost of living index in zip code 56295: 84.6 (less than average, U.S. average is 100)

Land area: 22.2 sq. mi.
Water area: 1.2 sq. mi.

Population density: 15 people per square mile

(very low).

Real estate property taxes paid for housing units in 2022:
Median real estate property taxes paid for housing units with mortgages in 2022: $1,475 (1.0%)
Median real estate property taxes paid for housing units with no mortgage in 2022: $1,272 (1.5%)

For population 25 years and over in 56295:

• High school or higher: 88.1%
• Bachelor's degree or higher: 19.9%
• Graduate or professional degree: 5.9%
• Unemployed: 3.1%
• Mean travel time to work (commute): 17.9 minutes

For population 15 years and over in 56295:

• Never married: 29.5%
• Now married: 53.2%
• Separated: 2.5%
• Widowed: 4.3%
• Divorced: 10.4%

• 
• • 29390.4%White
  • 226.8%Asian
  • 82.5%Two or more races
  • 10.3%Hispanic or Latino

100% rural population.

Averages for the 2020 tax year for zip code 56295, filed in 2021:

Average Adjusted Gross Income (AGI) in 2020: $43,829 (Individual Income Tax Returns)

Here:	$43,829
State:	$82,178

Salary/wage: $39,277 (reported on 76.5% of returns)

Here:	$39,277
State:	$67,438

(% of AGI for various income ranges: 1560.0% for AGIs below $25k, 4287.5% for AGIs $25k-50k, 14615.0% for AGIs $50k-75k)

Taxable interest for individuals: $167 (reported on 35.3% of returns)

This zip code:	$167
Minnesota:	$1,814

(% of AGI for various income ranges: 12.5% for AGIs $25k-50k, 25.0% for AGIs $50k-75k)

Profit/loss from business: +$6,600 (reported on 11.8% of returns)

Here:	+$6,600
State:	+$14,342

(% of AGI for various income ranges: 440.0% for AGIs below $25k)

Earned income credit: $2,167 (reported on 17.6% of returns)

Here:	$2,167
State:	$2,055

(% of AGI for various income ranges: 216.7% for AGIs below $25k)

Percentage of individuals using paid preparers for their 2020 taxes: 88.2%

Here:	88%
State:	94%

(% for various income ranges: 83.3% for AGIs below $25k, 83.3% for AGIs $25k-50k, 100.0% for AGIs $50k-75k, 100.0% for AGIs $75k-100k)

Averages for the 2012 tax year for zip code 56295, filed in 2013:

Average Adjusted Gross Income (AGI) in 2012: $43,547 (Individual Income Tax Returns)

Here:	$43,547
State:	$67,192

Salary/wage: $29,707 (reported on 93.3% of returns)

Here:	$29,707
State:	$55,182

(% of AGI for various income ranges: 80.0% for AGIs below $25k, 87.9% for AGIs $25k-50k, 162.8% for AGIs $50k-75k)

Taxable interest for individuals: $280 (reported on 33.3% of returns)

This zip code:	$280
Minnesota:	$1,664

Total itemized deductions: $13,500 (16% of AGI, reported on 20.0% of returns)

Here:	$13,500
State:	$24,665

Here:	16.2% of AGI
State:	19.6% of AGI

Taxes paid: $8,600 (reported on 13.3% of returns)

56295:	$8,600
State:	$10,589

Earned income credit: $2,000 (reported on 20.0% of returns)

Here:	$2,000
State:	$2,037

(% of AGI for various income ranges: 7.3% for AGIs below $25k)

Percentage of individuals using paid preparers for their 2012 taxes: 80.0%

Here:	80%
State:	55%

(% for various income ranges: 71.4% for AGIs below $25k, 125.0% for AGIs $25k-50k, 100.0% for AGIs $75k-100k)

Averages for the 2004 tax year for zip code 56295, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $34,155 (Individual Income Tax Returns)

Here:	$34,155
State:	$53,560

Salary/wage: $25,296 (reported on 88.0% of returns)

Here:	$25,296
State:	$46,177

(% of AGI for various income ranges: 79.5% for AGIs below $10k, 76.7% for AGIs $10k-25k, 84.0% for AGIs $25k-50k, 119.8% for AGIs $50k-75k)

Taxable interest for individuals: $305 (reported on 41.5% of returns)

This zip code:	$305
Minnesota:	$1,796

Taxable dividends: $50 (reported on 14.1% of returns)

Here:	$50
State:	$3,096

Net capital gain/loss: +$1,562 (reported on 11.3% of returns)

Here:	+$1,562
State:	+$10,864

Profit/loss from business: +$3,522 (reported on 16.2% of returns)

Here:	+$3,522
State:	+$10,442

Profit/loss from farming: +$1,727 (reported on 7.7% of returns)

Here:	+$1,727
State:	-$962

Total itemized deductions: $16,000 (18% of AGI, reported on 12.0% of returns)

Here:	$16,000
State:	$20,035

Here:	18.0% of AGI
State:	21.3% of AGI

Charity contributions deductions: $846 (1% of AGI, reported on 9.2% of returns)

Here:	$846
State:	$3,333

Here:	0.9% of AGI
State:	3.4% of AGI

Total tax: $4,425 (reported on 74.6% of returns)

56295:	$4,425
State:	$8,485

(% of AGI for various income ranges: 1.3% for AGIs below $10k, 4.4% for AGIs $10k-25k, 7.6% for AGIs $25k-50k, 32.4% for AGIs $50k-75k)

Earned income credit: $1,759 (reported on 20.4% of returns)

Here:	$1,759
State:	$1,523

Percentage of individuals using paid preparers for their 2004 taxes: 81.0%

Here:	81%
State:	59%

(% for various income ranges: 67.7% for AGIs below $10k, 76.9% for AGIs $10k-25k, 91.1% for AGIs $25k-50k, 135.3% for AGIs $50k-75k)

Nearest zip codes: 56262, 56265, 56232, 56218, 56231, 56223.
No gay or lesbian households reported

Household received Food Stamps/SNAP in the past 12 months: 17
Household did not receive Food Stamps/SNAP in the past 12 months: 126

Women who had a birth in the past 12 months: 3 (1 now married, 1 unmarried)
Women who did not have a birth in the past 12 months: 73 (39 now married, 34 unmarried)

Housing units in zip code 56295 with a mortgage: 60 (5 second mortgage, 2 both second mortgage and home equity loan)
Houses without a mortgage: 1

Median monthly owner costs for units with a mortgage: $1,202
Median monthly owner costs for units without a mortgage: $650

Residents with income below the poverty level in 2022:
Residents with income below 50% of the poverty level in 2022:

• Zip code 56295 household income distribution in 2022

• 14Less than $10,000
• 4$10,000 to $14,999
• 1$15,000 to $19,999
• 3$20,000 to $24,999
• 15$25,000 to $29,999
• 9$30,000 to $34,999
• 7$35,000 to $39,999
• 4$40,000 to $44,999
• 11$50,000 to $59,999
• 24$60,000 to $74,999
• 15$75,000 to $99,999
• 14$100,000 to $124,999
• 10$150,000 to $199,999
• 9$200,000 or more

• Estimate of home value of owner-occupied houses/condos in 2022 in zip code 56295

• 2$25,000 to $29,999
• 2$35,000 to $39,999
• 9$40,000 to $49,999
• 8$50,000 to $59,999
• 15$60,000 to $69,999
• 17$70,000 to $79,999
• 1$80,000 to $89,999
• 1$90,000 to $99,999
• 8$100,000 to $124,999
• 2$125,000 to $149,999
• 7$150,000 to $174,999
• 2$175,000 to $199,999
• 8$200,000 to $249,999
• 7$250,000 to $299,999
• 6$300,000 to $399,999
• 7$400,000 to $499,999
• 2$500,000 to $749,999

• Rent paid by renters in 2022 in zip code 56295

• 3$200 to $249
• 1$350 to $399
• 3$400 to $449
• 3$450 to $499
• 15$600 to $649
• 1No cash rent

Median gross rent in 2022: $685.

Estimated median house (or condo) value in 2022 for:

• White Non-Hispanic householders: $90,280

Estimated median house or condo value in 2022: $106,073 Lower value quartile - upper value quartile: $69,021 - $240,058

Mean price in 2022:

Detached houses: $159,395

Here:	$159,395
State:	$374,552

Housing units in structures:

• One, detached: 132
• Two: 5
• 3 or 4: 3
• 5 to 9: 9

Unemployment: 3.1%

• Means of transportation to work in zip code 56295

• 74.7%116Drove a car alone
• 5.2%8Carpooled
• 19.3%30Worked at home

• Travel time to work (commute) in zip code 56295

• 5Less than 5 minutes
• 75 to 9 minutes
• 4310 to 14 minutes
• 3815 to 19 minutes
• 1220 to 24 minutes
• 225 to 29 minutes
• 430 to 34 minutes
• 135 to 39 minutes
• 145 to 59 minutes
• 490 or more minutes

Percentage of zip code residents living and working in this county: 89.7%

Household type by relationship:

Households: 324

• Male householders: 81 (22 living alone), Female householders: 62 (27 living alone)

• 63 spouses (63 opposite-sex spouses), 14 unmarried partners, (14 opposite-sex unmarried partners), 90 children (80 natural, 0 adopted, 9 stepchildren), 12 grandchildren, 2 brothers or sisters, 0 parents, 0 foster children, 0 other relatives, 2 non-relatives

Size of family households: 34 2-persons, 24 3-persons, 15 4-persons, 11 5-persons, 1 6-persons

Size of nonfamily households: 49 1-person, 6 2-persons

57 married couples with children.
11 single-parent households (2 men, 9 women).

91.2% of residents of 56295 zip code speak English at home.
2.2% of residents speak Spanish at home (100% very well).
6.0% of residents speak Asian or Pacific Island language at home (63% very well, 37% not well).

Facilities with environmental interests located in this zip code:

• MNDNR (14020 20TH STREET NORTHWEST in WATSON, MN)

  STATE MASTER (Minnesota Pollution Control Agency permits and compilance tracking) - RCRAINFO-MND985680867, CESQG, RCRIS-MND985680867,
  (Resource Conservation and Recovery Act (tracking hazardous waste))
  Organizations: MN STATE OF (CONTACT/OWNER) , MDNR WATSON (CONTACT/OWNER)
  Alternative names: MDNR

• BORGS GARAGE (HIGHWAY 7 AND 59 in WATSON, MN)

  STATE MASTER (Minnesota Pollution Control Agency permits and compilance tracking) - RCRAINFO-MND154451819, HAZARDOUS WASTE PROGRAM, RCRIS-MND154451819,
  Conditionally Exempt Small Quantity Generators, less than 100 kg/month of hazardous waste (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
  Organizations: BORG JERRY (CONTACT/OWNER)
  

Housing units lacking complete plumbing facilities: 1.8%
Housing units lacking complete kitchen facilities: 2.0%

Population in 1990: 436.

Place of birth for U.S.-born residents:

• This state: 269
• Midwest: 21
• West: 9

86% of the 56295 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 65% lived in this county.
   Out of people who lived in different counties, 50% lived in Minnesota.

90% of the 56295 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 38% moved from this county.
   Out of people who lived in different houses, 62% moved from different county within same state.

Private vs. public school enrollment:

Students in private schools in grades 1 to 8 (elementary and middle school):
Students in private schools in grades 9 to 12 (high school): Students in private undergraduate colleges:

Top industries in this zip code by the number of employees in 2005:

• Accommodation and Food Services: Drinking Places (Alcoholic Beverages) (5-9 employees: 1 establishment)
• Other Services (except Public Administration): Religious Organizations (1-4: 1)
• Construction: New Single-Family Housing Construction (except Operative Builders) (1-4: 1)
• Finance and Insurance: Insurance Agencies and Brokerages (1-4: 1)
• Construction: Flooring Contractors (1-4: 1)
• Construction: Power and Communication Line and Related Structures Construction (1-4: 1)
• Real Estate and Rental and Leasing: Offices of Real Estate Agents and Brokers (1-4: 1)

Most common first names in zip code 56295 among deceased individuals
Name	Count	Lived (average)
Bertha	3	77.3 years
Donald	3	68.4 years
Melvin	3	63.4 years
Milton	3	80.3 years
Olga	3	75.3 years
Paul	3	76.3 years
Agnes	2	79.0 years
Charlotte	2	81.0 years
William	2	84.4 years
Elmer	2	75.5 years

Most common last names in zip code 56295 among deceased individuals
Last name	Count	Lived (average)
Larson	6	79.7 years
Kling	4	72.3 years
Norby	3	78.3 years
Iverson	3	76.4 years
Greseth	3	64.7 years
Miller	3	84.6 years
Torgeson	3	72.7 years
Haugland	3	78.4 years
Teigen	3	70.7 years
Olson	3	72.7 years