55056 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Chisago County
Centroid: Latitude 45.504, Longitude -92.878
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 55056 has segments in 2 Counties (Chisago, Isanti).

Businesses Addresses: 373
PO Box Addresses: 300
Residential Addresses: 5,372

Multi-Family Addresses: 475
Single Family Addresses: 4,897

The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2021, Maps updated: May 5, 2021.

North Branch, MN 55056 Data & Demographics (As of July 1, 2021)

POPULATION
Total Population	15,363 (100%)
Population in Households	15,198 (98.9%)
Population in Families	12,819 (83.4%)
Population in Group Quarters¹	165 ( 1.1%)
Population Density	146
Diversity Index²	15


INCOME
Median Household Income	$81,497
Average Household Income	$94,094
% of Income for Mortgage⁴	13%
Per Capita Income	$33,467
Wealth Index⁵	93

HOUSING
Total HU (Housing Units)	5,641 (100%)
Owner Occupied HU	4,715 (83.6%)
Renter Occupied HU	747 (13.2%)
Vacant Housing Units	179 ( 3.2%)
Median Home Value	$246,887
Average Home Value	$268,521
Housing Affordability Index³	181

HOUSEHOLDS
Total Households	5,462
Average Household Size	2.78
Family Households	3,980
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 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.

North Branch, MN 55056 - Peer Comparisons by Rank and Percentile

The table below compares 55056 to the other 879 ZIP Codes in Minnesota by rank and percentile using July 1, 2021 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	2010-2021	2021-2026
Population	1.1%	1.33%
Households	1.13%	1.37%
Families	1.0%	1.26%
Median Household Income		1.24%
Per Capita Income		1.99%
Owner Occupied HU		1.63%

Variable Description	Rank	Percentile
Total Population	# 132	85th
Population Density	# 228	74th
Median Household Income	# 143	84th
Housing Affordability Index	# 434	49th
Per Capita Income	# 414	53rd
Diversity Index	# 465	47th

55056 ZIP Code Profile, Map, Data & Demographics

ZIP Code 55056: Basic Data & USPS Preferred City Name

North Branch, MN 55056 Data & Demographics (As of July 1, 2021)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

North Branch, MN 55056 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 55056

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