56228, Cosmos, MN

The 56228 zip code of Cosmos, MN has a median home value of $137,200 and a median home equity value of $119,600. The zip code has a population of 2,906 people and an average household size of 2.48 people. The median age in the zip code is 41 years old.

There are 1,898 homes in the zip code that are occupied and there are 1,711 unoccupied homes. The homeownership rate in the zip code is 66% which is higher than the Minnesota state average of 63%. There are also more owner-occupied homes than renter-occupied homes in the zip code which may be due to the high home equity values in this area. There are also more single family homes than multi-family homes in this zipcode.

The median monthly mortgage payment for a house in this zipcode is $1,427 which is lower than the Minnesota state average of $1,598. However, the median monthly rent for a house in this zipcode is $1,199 which is higher than the Minnesota state average of $1,096. This may be because there are more owner-occupied homes in this area and people may be able to afford to pay higher rents because they have high home equity values.