58261 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Walsh County
Centroid: Latitude 48.291, Longitude -97.372
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 58261 has segments in 2 Counties (Grand Forks, Walsh).

Businesses Addresses: 48
PO Box Addresses: 198
Residential Addresses: 261

Multi-Family Addresses: 0
Single Family Addresses: 261

The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2021, Maps updated: November 4, 2020.

Minto, ND 58261 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	1,024 (100%)
Population in Households	1,017 (99.3%)
Population in Families	838 (81.8%)
Population in Group Quarters¹	7 ( 0.7%)
Population Density	7
Diversity Index²	40


INCOME
Median Household Income	$71,060
Average Household Income	$82,459
% of Income for Mortgage⁴	6%
Per Capita Income	$34,792
Wealth Index⁵	91

HOUSING
Total HU (Housing Units)	513 (100%)
Owner Occupied HU	371 (72.3%)
Renter Occupied HU	61 (11.9%)
Vacant Housing Units	81 (15.8%)
Median Home Value	$108,529
Average Home Value	$138,949
Housing Affordability Index³	350

HOUSEHOLDS
Total Households	432
Average Household Size	2.35
Family Households	287
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Minto, ND 58261 - Peer Comparisons by Rank and Percentile

The table below compares 58261 to the other 384 ZIP Codes in North Dakota by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	-0.83%	-1.14%
Households	-0.72%	-1.14%
Families	-0.97%	-1.29%
Median Household Income		1.7%
Per Capita Income		1.85%
Owner Occupied HU		-1.22%

Variable Description	Rank	Percentile
Total Population	# 100	74th
Population Density	# 83	78th
Median Household Income	# 108	72nd
Housing Affordability Index	# 351	91st
Per Capita Income	# 229	41st
Diversity Index	# 26	93rd

Minto, ND 58261 ZIP Code Profile

ZIP Code 58261: Basic Data & USPS Preferred City Name

Minto, ND 58261 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Minto, ND 58261 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 58261

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