ZIP Code 56470 — Park Rapids city, MN Demographics & Data

ZIP code 56470 covers Park Rapids, MN in Hubbard County with a population of about 10,859.

At a glance, the area shows median age of 48.9 versus a U.S. median of about 38.9.

It sits in telephone area code 218; U.S. House district MN-8; the MINNEAPOLIS - ST. PAUL media market.

Median household income in ZIP 56470 is about $68,351 — about 9% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 10.2%; unemployment rate near 4.7%; 30.3% of adults with a bachelor’s degree or higher (about 3.4 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Manufacturing, and Retail trade; about 13.3% of workers reporting work-from-home (about 1.9 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $260,500 — about 25% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $745 (about 36% below the U.S. median rent ($1,163)), and owner-occupancy near 73.4% (about 8.0 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 56470 in Park Rapids, MN, a household would need roughly $72,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,673. That is roughly in line with the local median household income ($68,351). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Park Rapids city, MN as Very Low (composite score 35.2), which is relatively lower than many U.S. communities. The strongest component scores on US5 are wildfire (66.4) and flood (54.6). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Park Rapids city, MN show little to no average snow and around 23.9 inches of annual precipitation.

IRS migration statistics show a net inflow of about 771 for ZIP 56470 (Park Rapids city, MN) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.