55053 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Rice County
Centroid: Latitude 44.347, Longitude -93.09
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 55053 has segments in 2 Counties (Goodhue, Rice).

Businesses Addresses: 24
PO Box Addresses: 61
Residential Addresses: 307

Multi-Family Addresses: 0
Single Family Addresses: 307

The ZIP Code maps and database are updated 4 times per year.
Database updated: April 1, 2020, Maps updated: May 1, 2020.

Popular Places Near ZIP Code 55053

Use HTL Address Research for a Minnesota Address and get...

Nerstrand, MN 55053 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX
Nerstrand, MN 55053 Housing Affordability Index is 175 State of Minnesota Housing Affordability Index is 135
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.

WEALTH INDEX
Nerstrand, MN 55053 Wealth Index is 177 State of Minnesota Wealth Index is 112
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.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

POPULATION
Total Population	1,083 (100%)
Population in Households	1,080 (99.7%)
Population in Families	959 (88.6%)
Population in Group Quarters¹	3 ( 0.3%)
Population Density	24
Diversity Index²	10

INCOME
Median Household Income	$85,416
Average Household Income	$114,705
Per Capita Income	$41,096
Wealth Index⁴	177

HOUSING
Total Housing Units	409 (100%)
Owner Occupied HU	350 (85.6%)
Renter Occupied HU	38 ( 9.3%)
Vacant Housing Units	21 ( 5.1%)
Median Home Value	$268,627
Housing Affordability Index³	175

HOUSEHOLDS
Total Households	388
Average Household Size	2.78
Family Households	308
Average Family Size	3

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 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.
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 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.

Nerstrand, MN 55053 - Peer Comparisons by Rank and Percentile

The table below compares 55053 to the other 883 ZIP Codes in Minnesota by rank and percentile using July 1, 2019 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	2010-2019	2019-2024
Population	0.05%	0.17%
Households	0.11%	0.21%
Families	0.04%	0.13%
Median Household Income		2.72%
Per Capita Income		2.39%

Variable Description	Rank	Percentile
Total Population	# 559	37th
Population Density	# 458	48th
Diversity Index	# 688	22nd
Median Household Income	# 101	89th
Per Capita Income	# 106	88th

Nerstrand, MN 55053 ZIP Code Profile

ZIP Code 55053: Basic Data & USPS Preferred City Name

Popular Places Near ZIP Code 55053

Use HTL Address Research for a Minnesota Address and get...

Nerstrand, MN 55053 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

WEALTH INDEX

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Nerstrand, MN 55053 - Peer Comparisons by Rank and Percentile

Quick & Easy Ways to...

Minnesota Census Data Comparison Tool

COVID-19 Statistics and Data

Rice County

Nerstrand Jobs