55027 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Goodhue County
Centroid: Latitude 44.407, Longitude -92.585
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 55027 has segments in 2 Counties (Goodhue, Wabasha).

Businesses Addresses: 60
PO Box Addresses: 69
Residential Addresses: 1,053

Multi-Family Addresses: 29
Single Family Addresses: 1,024

Foreclosures in MN 55027

The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2023, Maps updated: August 12, 2022.

Goodhue, MN 55027 Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	3,015 (100%)
Population in Households	3,015 (100.0%)
Population in Families	2,655 (88.1%)
Population in Group Quarters¹	0
Population Density	27
Diversity Index²	28


INCOME
Median Household Income	$88,898
Average Household Income	$109,237
% of Income for Mortgage⁴	16%
Per Capita Income	$39,082
Wealth Index⁵	103

HOUSING
Total HU (Housing Units)	1,106 (100%)
Owner Occupied HU	900 (81.4%)
Renter Occupied HU	158 (14.3%)
Vacant Housing Units	48 ( 4.3%)
Median Home Value	$275,000
Average Home Value	$347,475
Housing Affordability Index³	162

HOUSEHOLDS
Total Households	1,058
Average Household Size	2.85
Family Households	815
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Goodhue, MN 55027 - Peer Comparisons by Rank and Percentile

The table below compares 55027 to the other 878 ZIP Codes in Minnesota by rank and percentile using July 1, 2022 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2022	2022-2027
Population	-0.31%	-0.24%
Households	-0.38%	-0.19%
Families		-0.17%
Median Household Income		1.21%
Per Capita Income		1.96%
Owner Occupied HU		0.04%

Variable Description	Rank	Percentile
Total Population	# 339	62nd
Population Density	# 424	52nd
Median Household Income	# 142	84th
Housing Affordability Index	# 563	64th
Per Capita Income	# 327	63rd
Diversity Index	# 270	69th

55027 ZIP Code Profile, Map, Data & Demographics

ZIP Code 55027: Basic Data & USPS Preferred City Name

Goodhue, MN 55027 Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Goodhue, MN 55027 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 55027

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