55057 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Rice County
Centroid: Latitude 44.445, Longitude -93.182
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 55057 has segments in 3 Counties (Dakota, Goodhue, Rice).

Businesses Addresses: 701
PO Box Addresses: 161
Residential Addresses: 8,887

Multi-Family Addresses: 1,919
Single Family Addresses: 6,968

Foreclosures in MN 55057

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

Northfield, MN 55057 Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	25,839 (100%)
Population in Households	20,987 (81.2%)
Population in Families	16,779 (64.9%)
Population in Group Quarters¹	4,852 (18.8%)
Population Density	193
Diversity Index²	49


INCOME
Median Household Income	$86,709
Average Household Income	$116,754
% of Income for Mortgage⁴	17%
Per Capita Income	$40,070
Wealth Index⁵	125

HOUSING
Total HU (Housing Units)	8,984 (100%)
Owner Occupied HU	6,392 (71.1%)
Renter Occupied HU	2,140 (23.8%)
Vacant Housing Units	452 ( 5.0%)
Median Home Value	$285,612
Average Home Value	$317,296
Housing Affordability Index³	137

HOUSEHOLDS
Total Households	8,532
Average Household Size	2.46
Family Households	5,620
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.

Northfield, MN 55057 - Peer Comparisons by Rank and Percentile

The table below compares 55057 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	0.26%	0.11%
Households	0.21%	0.14%
Families		0.17%
Median Household Income		2.18%
Per Capita Income		2.25%
Owner Occupied HU		0.40%

Variable Description	Rank	Percentile
Total Population	# 78	91st
Population Density	# 204	77th
Median Household Income	# 167	81st
Housing Affordability Index	# 306	35th
Per Capita Income	# 279	68th
Diversity Index	# 113	87th

55057 ZIP Code Profile, Map, Data & Demographics

ZIP Code 55057: Basic Data & USPS Preferred City Name

Northfield, MN 55057 Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Northfield, MN 55057 - Peer Comparisons by Rank and Percentile

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