Park Rapids, MN · standard
ZIP Code 56470
Hubbard County, Minnesota - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 10,334
- 10/sq mi
- $67,500
- Median income
- $291,100
- Median home value
- 29.8%
- Bachelor's or higher
National ZIP placement
Park Rapids pairs a below-median household income with above-median home values, in a rural, homeowner-dominated area.
- 43rd pct
- household income, US ZIPs
- Top 35%
- home value, US ZIPs
- 10
- people per sq mi
- 76%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 56470 against every reporting US ZIP.
ZIP code 56470 is a mid-sized community (a standard USPS delivery area) in Park Rapids, Hubbard County, Minnesota, home to 10,334 residents across 1013.1 square miles, a density of 10 people per square mile, in the Chicago time zone.
ZIP 56470 reports a modest median household income of $67,500 (18% below the average Minnesota ZIP), while per-capita income is $40,545. The poverty rate is 13.6%, with unemployment at 5.4%; those measures add context to the income figure. Median home value is $291,100 (14% above the average Minnesota ZIP) and median rent is $912; 75.5% of occupied homes are owner-occupied.
Educational attainment sits below the national norm: 29.8% of adults hold a bachelor's degree or higher, the median age is 48.7, and the average commute is 24 minutes. No nearby ZIP peer set is available for this delivery area, so the Minnesota and national benchmarks above are the appropriate context for 56470.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 56470
Top 5 sectors by establishment count in Park Rapids, MN
Which industries have the most business establishments in ZIP 56470.
- Retail trade
Retail trade
86 establishments
- Accommodation and food services
Accommodation and food services
63 establishments
- Construction
Construction
53 establishments
- Health care and social assistance
Health care and social assistance
44 establishments
- Other services (except public administration)
Other services (except public administration)
41 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 56470, Park Rapids, MN · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
10,334
Population
1013.1
Area (sq mi)
10
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 56470?
48.7
Median Age
50.0%
Male
50.0%
Female
1.6%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$67,500
Median Household Income
-18% vs state ZIP avg
$40,545
Per Capita Income
13.6%
Poverty Rate
5.4%
Unemployment Rate
23.7 min
Mean Commute Time
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
7,490housing units
7,490
Total Housing Units
4,774
Occupied Units
2,716
Vacant Units
2.29
Avg Household Size
Occupancy Type
$291,100
Median Home Value
+14% vs state ZIP avg
$912
Median Rent
1983
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+0.9%
YoY Change (2024)
247
HPI Index (2000 = 100)
+147%
Total Change Since 2000
Home values in ZIP 56470 have increased 0.9% over the past year (2024). Since 2000, this ZIP has seen +147% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +0.9% | 170 |
| 2021 | +12.3% | 191 |
| 2022 | +16.8% | 223 |
| 2023 | +9.9% | 245 |
| 2024 | +0.9% | 247 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 422 business establishments in ZIP 56470, employing approximately 3,724 people with a combined annual payroll of $177,080,000.
422
Businesses
3,724
Employees
$177.1M
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 86 | 20.4% |
| Accommodation and food services | 63 | 14.9% |
| Construction | 53 | 12.6% |
| Health care and social assistance | 44 | 10.4% |
| Other services (except public administration) | 41 | 9.7% |
| Manufacturing | 22 | 5.2% |
| Real estate and rental and leasing | 21 | 5.0% |
| Finance and insurance | 19 | 4.5% |
| Professional, scientific, and technical services | 16 | 3.8% |
| Administrative and support and waste management and remediation services | 12 | 2.8% |
| Transportation and warehousing | 11 | 2.6% |
| Arts, entertainment, and recreation | 11 | 2.6% |
| Agriculture, forestry, fishing and hunting | 7 | 1.7% |
| Wholesale trade | 7 | 1.7% |
| Information | 5 | 1.2% |
| Utilities | 3 | 0.7% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 56470, both outside MN so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (10,334 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.