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Medford, MN 55049 ZIP Code Profile

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Deerfield, MN | Medford, MN

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ZIP Code 55049: Basic Data & USPS Preferred City Name

Preferred Name, USPS

Medford, MN 55049

Not Acceptable, USPS

Deerfield, MN 55049

ZIP Code Type: STANDARD
County: Steele County
Centroid: Latitude 44.172, Longitude -93.247
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 55049 has segments in 2 Counties (Rice, Steele).

Businesses Addresses: 87
PO Box Addresses: 193
Residential Addresses: 857

Multi-Family Addresses: 205
Single Family Addresses: 652

The ZIP Code maps and database are updated 4 times per year.
Database updated: August 1, 2018, Maps updated: August 1, 2018.

EXTREMELY LOCAL Demographic Data

Medford, MN 55049 Data & Demographics (As of July 1, 2018)

POPULATION
Total Population	2,670
Population in Households	2,663
Population in Familes	2,296
Population in Group Qrtrs	7
Population Density²	65
Diversity Index³	29

INCOME
Median Household Income	$64,314
Average Household Income	$83,226
Per Capita Income	$30,762

HOUSING
Total Housing Units	988 (100%)
Owner Occupied HU	857 (86.7%)
Renter Occupied HU	129 (13.1%)
Vacant Housing Units	2 ( 0.2%)
Median Home Value	$183,732
Average Home Value	$224,446

HOUSEHOLDS
Total Households	986
Average Household Size	2.7
Family Households	727
Average Family Size	3

NOTES

If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
Population Density = Total Population per square mile.
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 race 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.

GROWTH RATE / YEAR	2010-2017	2017-2022
Population	1.19%	1.01%
Households	1.21%	1.03%
Families	1.09%	0.94%
Median Household Income		2.3%
Per Capita Income		2.79%

Medford, MN 55049 - Peer Comparisons by Rank and Percentile

The table below compares 55049 to the other 881 ZIP Codes in Minnesota by rank and percentile using July 1, 2018 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.