Lake Park, MN · standard

ZIP Code 56554

Becker County, Minnesota — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

2,709
9/sq mi
$94,792
Median income
$376,400
Median home value
38.9%
Bachelor's or higher

The verdict

Lake Park pairs an upper-quartile household income with upper-quartile home values, in a rural, homeowner-dominated area.

Top 23%
household income, US ZIPs
Top 23%
home value, US ZIPs
9
people per sq mi
90%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 56554 against every reporting US ZIP.

ZIP code 56554 is classified by USPS as a standard delivery area and covers roughly 304.4 square miles in Lake Park, Becker County, Minnesota. The area is home to 2,709 residents, producing a population density of 9 people per square mile, and falls within the Chicago time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 56554 against Minnesota and the nation.

On the economic side, the median household income for ZIP 56554 sits at $94,792 (15% above the Minnesota average), while per-capita income is $48,499. The poverty rate stands at 5.5% and the unemployment rate at 1.3%. On housing, the median home value is $376,400 (47% above the state average) with median rent at $888 per month, and 90.3% of occupied units are owner-occupied, a direct signal of whether 56554 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 38.9% of adults hold a bachelor's degree or higher, the median age is 47.5, and the average commute is 31 minutes. We also surface 2 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Becker County, so you can benchmark 56554 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 56554

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 56554.

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 · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 56554, Lake Park, MN · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

2,709

Population

304.4

Area (sq mi)

9

People / sq mi

Chicago

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 56554?

47.5

Median Age

49.5%

Male

50.5%

Female

0.9%

Foreign-Born

White 90.5%
African American 0.0%
Asian 1.1%
American Indian or Alaska Native 0.9%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 2.6%
Hispanic or Latino 2.4%

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?

$94,792

Median Household Income

+15% vs state

$48,499

Per Capita Income

5.5%

Poverty Rate

1.3%

Unemployment Rate

31.1 min

Mean Commute Time

How ZIP 56554 ranks nationally

Household income vs. every US ZIP code

Median household income — the full national distribution, with this ZIP marked

$94,792 Top 23% higher than 77% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). This entry sits in this band. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau — ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 63.2%
Bachelor's Degree or Higher 38.9%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

1,813

Total Housing Units

1,104

Occupied Units

709

Vacant Units

2.46

Avg Household Size

Occupancy Type

Owner 90.3%
Renter 9.7%

$376,400

Median Home Value

+47% vs state

$888

Median Rent

1983

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What businesses operate in this ZIP?

Census Bureau data shows 59 business establishments in ZIP 56554, employing approximately 263 people with a combined annual payroll of $12,305,000.

59

Businesses

263

Employees

$12.3M

Annual Payroll

8

Industry Sectors

Industry Establishments % of Total
Construction 14 23.7%
Retail trade 7 11.9%
Accommodation and food services 7 11.9%
Other services (except public administration) 7 11.9%
Professional, scientific, and technical services 5 8.5%
Wholesale trade 4 6.8%
Finance and insurance 3 5.1%
Real estate and rental and leasing 3 5.1%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 56554 vs 56511 →

ZIP 56554 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 56554 ranks the most populous — useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 56554 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 56554 ranks the highest of 3 neighboring ZIPs — local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
56511 Audubon, MN 1,878 5.6 mi
56552 Hitterdal, MN 429 8.6 mi

More ZIP Codes in Becker County

Frequently Asked Questions

What county is ZIP code 56554 in?
ZIP code 56554 (Lake Park) is located in Becker County, Minnesota. Becker County contains multiple ZIP codes, see the full list at /counties/becker-mn.
What is the population of ZIP code 56554?
ZIP code 56554 in Lake Park, MN has a population of 2,709 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 56554?
The median household income in ZIP 56554 is $94,792, which is 24% above the national average of $76,288.
What is the average home value in ZIP 56554?
The median home value in ZIP 56554 is $376,400, which is 35% above the national average of $278,155.
What is the demographic makeup of ZIP 56554?
The largest racial group in ZIP 56554 is White at 90.5%. Hispanic or Latino residents make up 2.4% of the population.
How many businesses are in ZIP code 56554?
ZIP code 56554 has 59 business establishments employing approximately 263 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 56554?
The top industries by establishment count in ZIP 56554 are: Construction (14), Retail trade (7), Accommodation and food services (7). There are 8 industry sectors represented in total.
What is the education level in ZIP code 56554?
In ZIP code 56554, 63.2% of residents aged 25+ have a high school diploma or higher, and 38.9% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 56554?
The mean commute time for workers in ZIP code 56554 is 31.1 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 56554?
In ZIP code 56554, approximately 90.3% of occupied housing units are owner-occupied and 9.7% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 56554?
The poverty rate in ZIP code 56554 is 5.5% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Lake Park, MN

Verify and explore additional data for this area using these official government sources.