ZIP Code 56320 · Cold Spring, MN
Stearns County · pop 8,482 · ACS 2020–2024
The median household income in ZIP Code 56320 (Cold Spring, MN) is $87,026, higher than 60% of the other ZIP Codes in Minnesota.
Its FHFA home price index changed +44.4% over the five years to 2025.
01 — Where it stands
| Measure | Value | County percentile | State percentile | U.S. percentile |
|---|---|---|---|---|
| Median household income | $87,026 ± $14,155 | 61st percentile (19 ZIP Codes compared) | 60th percentile (565 ZIP Codes compared) | 67th percentile (22,922 ZIP Codes compared) |
| Per capita income | $45,147 | 88th percentile (19 ZIP Codes compared) | 67th percentile (565 ZIP Codes compared) | 70th percentile (22,922 ZIP Codes compared) |
| Poverty rate | 6.4% | 33rd percentile (19 ZIP Codes compared) | 33rd percentile (565 ZIP Codes compared) | 22nd percentile (22,922 ZIP Codes compared) |
| Adults with a bachelor’s degree or higher | 32.5% | 88th percentile (19 ZIP Codes compared) | 68th percentile (565 ZIP Codes compared) | 65th percentile (22,922 ZIP Codes compared) |
| Owner-occupied homes | 79.8% | 50th percentile (19 ZIP Codes compared) | 42nd percentile (565 ZIP Codes compared) | 60th percentile (22,922 ZIP Codes compared) |
| Housing vacancy rate | 6.6% | 33rd percentile (19 ZIP Codes compared) | 39th percentile (565 ZIP Codes compared) | 33rd percentile (22,922 ZIP Codes compared) |
| Median home value | $353,600 ± $28,991 | 94th percentile (19 ZIP Codes compared) | 75th percentile (565 ZIP Codes compared) | 69th percentile (22,833 ZIP Codes compared) |
| Median gross rent | $1,390 | 100th percentile (19 ZIP Codes compared) | 80th percentile (565 ZIP Codes compared) | 70th percentile (22,865 ZIP Codes compared) |
| Income inequality (Gini index) | 0.420 | 55th percentile (19 ZIP Codes compared) | 52nd percentile (565 ZIP Codes compared) | 42nd percentile (22,922 ZIP Codes compared) |
| Average adjusted gross income per return | $103,271 | 100th percentile (18 ZIP Codes compared) | 85th percentile (559 ZIP Codes compared) | 82nd percentile (22,230 ZIP Codes compared) |
| Returns with AGI of $200,000 or more | 7.3% | 88th percentile (18 ZIP Codes compared) | 75th percentile (559 ZIP Codes compared) | 73rd percentile (22,230 ZIP Codes compared) |
| Home price index, 5-year change | +44.4% | 35th percentile (18 ZIP Codes compared) | 57th percentile (545 ZIP Codes compared) | 31st percentile (18,843 ZIP Codes compared) |
| Business establishments per 1,000 residents | 25.5 | 44th percentile (19 ZIP Codes compared) | 56th percentile (564 ZIP Codes compared) | 70th percentile (22,700 ZIP Codes compared) |
| Average annual pay per employee | $57,138 | 55th percentile (19 ZIP Codes compared) | 68th percentile (564 ZIP Codes compared) | 73rd percentile (22,551 ZIP Codes compared) |
Percentile groups: Stearns County · Minnesota · U.S. Hover a percentile for the number of ZIP Codes compared. MOE = 90% margin of error.
02 — Home prices
Home price index — ZIP Code 56320
FHFA ZIP Code index (2000 = 100) — annual, developmental, not seasonally adjusted.
Data table
| Year | Index | Annual change |
|---|---|---|
| 2000 | 100.0 | +9.8% |
| 2001 | 107.2 | +7.2% |
| 2002 | 115.2 | +7.5% |
| 2003 | 121.6 | +5.6% |
| 2004 | 133.6 | +9.9% |
| 2005 | 145.4 | +8.8% |
| 2006 | 156.6 | +7.7% |
| 2007 | 156.3 | −0.2% |
| 2008 | 153.3 | −1.9% |
| 2009 | 144.9 | −5.4% |
| 2010 | 140.7 | −3.0% |
| 2011 | 135.6 | −3.6% |
| 2012 | 129.8 | −4.2% |
| 2013 | 133.3 | +2.7% |
| 2014 | 137.0 | +2.8% |
| 2015 | 138.3 | +0.9% |
| 2016 | 147.3 | +6.5% |
| 2017 | 153.0 | +3.9% |
| 2018 | 169.2 | +10.6% |
| 2019 | 172.9 | +2.2% |
| 2020 | 176.0 | +1.8% |
| 2021 | 191.3 | +8.7% |
| 2022 | 218.8 | +14.4% |
| 2023 | 232.2 | +6.2% |
| 2024 | 246.7 | +6.3% |
| 2025 | 254.2 | +3.0% |
03 — Nearby ZIP Codes
| ZIP | Place | Distance | Median household income | Median home value | Poverty rate | 5-yr HPI change |
|---|---|---|---|---|---|---|
| 56320 | Cold Spring, MN | this ZIP Code | $87,026 | $353,600 | 6.4% | +44.4% |
| 56369 | Rockville, MN | 3.2 mi | $98,077 | $249,100 | 13.9% | +40.3% |
| 56368 | Richmond, MN | 7.7 mi | $97,407 | $321,100 | 5.4% | +58.9% |
| 56321 | Collegeville, MN | 7.8 mi | $111,875 | $339,000 | 37.9% | +40.5% |
| 56301 | Saint Cloud, MN | 7.9 mi | $73,142 | $288,600 | 20.6% | +39.7% |
| 56374 | Saint Joseph, MN | 8.0 mi | $80,156 | $292,000 | 14.7% | +47.9% |
| 56387 | Waite Park, MN | 8.6 mi | $59,009 | $232,200 | 22.4% | +44.7% |
Up to six nearest ZIP Code Tabulation Areas within 30 miles, by straight-line distance between Census center points (2024 Gazetteer).
04 — Business mix
| Sector | Establishments | Share of ZIP | U.S. share | Relative concentration |
|---|---|---|---|---|
| Construction | 39 | 18.1% | 9.6% | 1.9× |
| Retail trade | 31 | 14.4% | 12.4% | 1.2× |
| Health care & social assistance | 21 | 9.7% | 11.9% | 0.8× |
| Other services | 21 | 9.7% | 9.5% | 1.0× |
| Accommodation & food services | 16 | 7.4% | 9.3% | 0.8× |
| Manufacturing | 14 | 6.5% | 3.3% | 2.0× |
| Finance & insurance | 14 | 6.5% | 5.5% | 1.2× |
| Administrative & support services | 12 | 5.6% | 5.3% | 1.1× |
| Real estate & rental | 10 | 4.6% | 5.5% | 0.8× |
| Professional, scientific & technical services | 10 | 4.6% | 11.7% | 0.4× |
| All other sectors | 24 | 11.1% | 11.4% | 1.0× |
Counts are establishments (business locations), not jobs. Relative concentration = the sector’s share of establishments here divided by its share in the U.S. (1.0× = the same share). Average pay is shown only where at least 20 employees are reported. ZIP Code Business Patterns 2023.
05 — About this data
How percentiles are calculated
Percentiles compare this ZIP Code with other ZIP Codes in the same county, the same state and the whole country. Only ZIP Codes with their own American Community Survey estimate, a population of at least 1,000 and a published median household income are compared, and only those with a value for the measure. A percentile of 64th means the value is higher than 64% of the other ZIP Codes in that group (0 is the lowest value, 100 the highest); it describes the size of a number, not a judgment about the area. County and state percentiles are left blank when the group has fewer than 5 ZIP Codes. The number of ZIP Codes compared is shown with each percentile.
Census figures are published for ZIP Code Tabulation Areas, which approximate USPS ZIP Code delivery areas; values shown as — are not published or are suppressed by the source.
Use of this page
Area statistics only. These figures describe a ZIP Code area — not any person or household — and do not rate the area or the people who live there. CoverFi is not a consumer reporting agency; do not use this page to make decisions about credit, insurance, employment or housing.
Sources
- U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, ZIP Code Tabulation Areas. Estimates are survey-based and have margins of error.
- U.S. Census Bureau, ZIP Code Business Patterns 2023 (establishment counts by NAICS sector; employment and payroll totals).
- Federal Housing Finance Agency, House Price Index for five-digit ZIP Codes, census tracts and counties — annual, developmental, not seasonally adjusted.
- IRS Statistics of Income, Individual Income Tax ZIP Code Data, tax year 2022.
- U.S. Census Bureau, 2024 Gazetteer Files (ZCTA locations, used for nearby ZIP Codes).
- HUD USPS ZIP Code Crosswalk Files (ZIP-to-tract and ZIP-to-county assignment).
This product uses Census Bureau data but is not endorsed or certified by the Census Bureau. This product uses the HUD User Data API but is not endorsed or certified by HUD User. ZIP Code Tabulation Areas are Census approximations of USPS ZIP Code delivery areas and may not match them exactly. ZIP Code is a trademark of the United States Postal Service.