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AREA INFORMATION

56362 (Paynesville, MN)

Explore the real estate in 56362 (Paynesville, MN)

Area Highlights

56362 (Paynesville, MN) residents have a median age of 46.2 years old, with employment highest in the sales and administrative support industries.

6,347 Population

The population has increased by 2% since the year 2010.

2,690 Households

$76,968 /yr
Median Household Income

$304,785
Median Home Sale Price

23m Median Commute Time

Most people in this area drive to work.

Area Map

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

46.2 Median Age

Average Household Size

2.3
persons per
household

59.2%

Married Households

Community Population By Education

High School Graduate 33%
Some College 20%
Bachelors Degree 17%
Associates Degree 13%
Graduate Degree 9%
Some High School 8%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 32.56% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
27% of households have children

Area Schools

PK-5
2.2 MILES
B-
Paynesville Elementary School
6-8
2.7 MILES
Paynesville Middle School
9-12
2.7 MILES
B-
Paynesville Area High School

Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.

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Economics

$76,968 /yr
Median Household Income
$304,785
Median Sales Price
23 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 19.81% of the households.

Transportation to Work

  • Drive 81%
  • Work from Home 11%
  • Public Transit 4%
  • Walk or Bike 3%

Occupancy by Type

Owned 2,264 66%
Vacant 736 21%
Rented 426 12%

White vs Blue Collar Jobs







White Collar 67%
Blue Collar 33%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 46.2 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 94%
Hispanic 3%
Other <1%
Black <1%
Asian <1%
Native American <1%
The most prevalent ethnicity is White at 94%, followed by Hispanic at 3%, Other at <1%, and Black at <1%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

83° July
Hottest Average Month
1° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
1°
20°
Feb
6°
26°
Mar
19°
38°
Apr
33°
56°
May
45°
69°
Jun
55°
78°
Jul
60°
83°
Aug
58°
81°
Sep
48°
72°
Oct
37°
59°
Nov
22°
39°
Dec
8°
25°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$320,000
For sale
3 beds • 2 baths • 1 half baths • 2,120 sqft

440 Meadowview Court
Paynesville, MN 56362

$879,900
For sale
8 beds • 4 baths • 1 half baths • 5,567 sqft

17425 Northwood Drive
Paynesville Twp, MN 56362

$55,000
For sale
1.46 acres

28413 Cherrywood Road
Paynesville, MN 56362

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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