ZIP Code 56308 -- Alexandria, MN

Douglas | 2024 American Community Survey Data

Quick Overview

Population
27,008
Unknown
Median Income
$78,177
Home Value
$341,900
Median Rent
$956
Median Age
44.30
Diversity Index
16.80
Very Low
Cost of Living
105.1
above average
Unemployment
2.8%

About ZIP Code 56308

ZIP code 56308 in Alexandria, Minnesota is a unknown area with a population of 27,008. The median household income is $78,177, which is This is 4% above the national median of $75,000.. The median home value is $341,900, representing a price-to-income ratio of 4.4x . The cost of living is above average with an index of 105.1 (the national average is 100). Residents have a median age of 44.30 years. Approximately 34.0% of adults hold a bachelor's degree or higher. This ZIP code is located in Douglas, MN.

Population & Age

Total Population
27,008
Median Age
44.30
Male Population
13,448
49.8%
Female Population
13,560
50.2%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
16.80 Very Low
White
93.7%
Black or African American
0.7%
Hispanic or Latino
2.8%
Asian
0.6%
Native American
0.2%
Pacific Islander
0.3%
Two or More Races
2.7%
Other Race
1.9%

Racial Composition

Income & Economy

Median Household Income
$78,177
Mean Household Income
$101,877
Per Capita Income
$45,025
Below Poverty Line
8.7%

This is 4% above the national median of $75,000.

Income Distribution

Housing

Median Home Value
$341,900
Median Rent
$956
Total Housing Units
14,647
Occupied Units
12,067
Vacant Units
2,580
17.6% vacancy
Median Year Built
1988
Owner Occupied
72.6%
Renter Occupied
27.4%
Price-to-Income Ratio 4.4x

Moderately affordable

Ownership vs Rental

Owner 72.6% Renter 27.4%

Education

High School Diploma or Higher 96.2%
Bachelor's Degree or Higher 34.0%
Graduate or Professional Degree 10.9%

Employment & Commuting

Civilian Labor Force
13,615
Employment Rate
97.2%
Unemployment Rate
2.8%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
77.7%
Carpool
6.5%
Public Transit
0.3%
Work from Home
11.7%

Cost of Living Index

105.1
above average

The cost of living in ZIP code 56308 is 5.1% above the national average of 100.

0 National Avg (100) 200

Compare 56308 with:

Compare 56308 with Another ZIP Code

Nearby ZIP Codes

Other ZIP Codes in Douglas

ZIP Code City Population Median Income
56360 Osakis 3,721 $69,013
56315 Brandon 1,803 $89,514
56326 Evansville 1,716 $85,625
56332 Garfield 1,627 $87,917
56354 Miltona 1,337 $88,693
56319 Carlos 1,283 $89,712

Frequently Asked Questions about ZIP Code 56308

ZIP code 56308 (Alexandria, MN) has a total population of 27,008 according to the 2024 American Community Survey. The median age is 44.30 years.

The median household income in ZIP code 56308 is $78,177 per year, based on 2024 Census Bureau data. This is 4% above the national median of $75,000.

ZIP code 56308 is primarily located in Alexandria, Minnesota (MN). It falls within Douglas County.

The median home value in ZIP code 56308 is $341,900, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $956.

The median age in ZIP code 56308 is 44.30 years, compared to the national median of 38.9 years. This makes the area older than the national average.

ZIP code 56308 has a cost of living index of 105.13 (national average = 100). This means the cost of living is above average compared to the national average.

In ZIP code 56308, 34.04% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 10.93% hold a graduate or professional degree.

The unemployment rate in ZIP code 56308 is 2.81%, which is below the national average of 3.6%. About 11.66% of workers work from home.

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Data sourced from the 2024 American Community Survey (U.S. Census Bureau). Learn more about our data sources.