ZIP code 56586: Underwood, MN
56586 is a ZIP code in Underwood, Minnesota, mainly in Otter Tail County, part of the Fergus Falls, MN micro area. About 1,873 people live here.
- Population
- 1,873
- Median household income
- $79,583
- Typical home value
- $346,300+5.5% in 12 months
- Median rent
- $925gross, per month
- Median age
- 52.6
- Homeowners
- 93.9%of occupied homes
Shaded: ZIP code 56586's area. Click anywhere on the map to see which ZIP code it's in.
ZIP codes within 10 milesWithin 25 miles
ZIP code 56586 details
| City | Underwood |
|---|---|
| State | Minnesota |
| County | Otter Tail County |
| Metro area | Fergus Falls, MN |
| Time zone | Central Time (UTC−6), observes daylight saving time |
| Type | Standard (delivery area) |
| Land area | 73.6 sq mi, plus 13.3 sq mi of water |
| Population density | 25 people per sq mi |
| Bachelor's degree or higher | 26.8% of adults 25+ |
| Average commute | 26.8 minutes |
| Center coordinates | 46.31827, -95.83090 |
Median rent in 56586 by bedrooms
| Size | Median gross rent |
|---|---|
| 1 bedroom | $438/mo |
| 2 bedrooms | $975/mo |
| 3 bedrooms | $975/mo |
| 4 bedrooms | $1,125/mo |
Gross rent includes utilities paid by the tenant. ACS 2020–2024; sizes with too few rentals to estimate are left out.
ZIP codes near 56586
| ZIP code | City | Distance | Population |
|---|---|---|---|
| 56515 | Battle Lake, MN | 6.7 mi | 2,723 |
| 56324 | Dalton, MN | 10.9 mi | 1,028 |
| 56576 | Richville, MN | 11.7 mi | 820 |
| 56538 | Fergus Falls, MN | 12.0 mi | — |
| 56524 | Clitherall, MN | 12.5 mi | 694 |
| 56537 | Fergus Falls, MN | 12.8 mi | 19,856 |
| 56534 | Erhard, MN | 13.6 mi | 1,201 |
| 56528 | Dent, MN | 14.0 mi | 1,623 |
Population and median household income: ACS 2020–2024 5-year estimates. Typical home value: Zillow Home Value Index (September 2026) where available, otherwise the ACS median owner-reported value. "PO Box" marks ZIP codes with no delivery area of their own. Methodology
Buying a home in 56586?
A typical home in ZIP code 56586 is worth about $346,300 (Zillow Home Value Index). The median household here earns $79,583 a year. See what buying here would cost per month, with Minnesota average taxes and insurance filled in.
Monthly payment for a $346,300 homeWhat can a $79,583 income afford?Rental property numbers
About ZIP code 56586
What city is ZIP code 56586?
ZIP code 56586 is in Underwood, MN, in Otter Tail County.
What county is ZIP code 56586 in?
56586 is mainly in Otter Tail County, Minnesota.
What is the population of ZIP code 56586?
About 1,873 people live in ZIP code 56586, according to the American Community Survey 2020–2024 5-year estimates.
What time zone is ZIP code 56586 in?
56586 is in Central Time (UTC−6). It observes daylight saving time.