55051 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Kanabec County
Centroid: Latitude 45.916, Longitude -93.173
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 55051 has segments in 2 Counties (Kanabec, Mille Lacs).

Businesses Addresses: 316
PO Box Addresses: 133
Residential Addresses: 4,410

Multi-Family Addresses: 382
Single Family Addresses: 4,028

Foreclosures in MN 55051

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

Mora, MN 55051 Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	9,623 (100%)
Population in Households	9,347 (97.1%)
Population in Families	7,411 (77.0%)
Population in Group Quarters¹	276 ( 2.9%)
Population Density	48
Diversity Index²	15


INCOME
Median Household Income	$61,899
Average Household Income	$80,279
% of Income for Mortgage⁴	16%
Per Capita Income	$32,909
Wealth Index⁵	67

HOUSING
Total HU (Housing Units)	4,558 (100%)
Owner Occupied HU	3,142 (68.9%)
Renter Occupied HU	730 (16.0%)
Vacant Housing Units	686 (15.1%)
Median Home Value	$187,116
Average Home Value	$212,094
Housing Affordability Index³	155

HOUSEHOLDS
Total Households	3,872
Average Household Size	2.41
Family Households	2,548
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.

Mora, MN 55051 - Peer Comparisons by Rank and Percentile

The table below compares 55051 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	-0.37%	-0.14%
Households	-0.06%	0.03%
Families		0.02%
Median Household Income		2.53%
Per Capita Income		2.49%
Owner Occupied HU		0.24%

Variable Description	Rank	Percentile
Total Population	# 171	81st
Population Density	# 339	62nd
Median Household Income	# 668	24th
Housing Affordability Index	# 510	58th
Per Capita Income	# 708	19th
Diversity Index	# 636	27th

55051 ZIP Code Profile, Map, Data & Demographics

ZIP Code 55051: Basic Data & USPS Preferred City Name

Mora, MN 55051 Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Mora, MN 55051 - Peer Comparisons by Rank and Percentile

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Kanabec County