56587, Vergas, MN

The Vergas zip code 56587 has a population of approximately 1,500 people. The median household income in the zip code is $72,000 and the median home value is $187,000. The percentage of homes that are owner-occupied is 78%.

Vergas has a median age of 36 years and a median household size of 2.5 people. There are an estimated 350 single family homes and 100 multi-family units in the zip code. Approximately 85% of homes in Vergas are occupied by their owners while 15% are rented.

The average home value in Vergas increased by 8% from 2016 to 2017 according to Zillow data. This increase was driven by an increase in single family home values (up 11%) and a decrease in multi-family unit values (down 4%). Home equity growth rates vary significantly across ZIP codes with the highest growth rates occurring in ZIP codes with lower levels of home ownership (ZIP codes with less than 70% owner occupancy). In Vergas, the average home equity growth rate was 9%.