55350 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: McLeod County
Centroid: Latitude 44.891, Longitude -94.37
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 55350 has segments in 3 Counties (McLeod, Meeker, Renville).

Businesses Addresses: 735
PO Box Addresses: 103
Residential Addresses: 8,315

Multi-Family Addresses: 1,672
Single Family Addresses: 6,643

Foreclosures in MN 55350

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

Hutchinson, MN 55350 Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	18,726 (100%)
Population in Households	18,320 (97.8%)
Population in Families	14,640 (78.2%)
Population in Group Quarters¹	406 ( 2.2%)
Population Density	116
Diversity Index²	26


INCOME
Median Household Income	$72,873
Average Household Income	$93,263
% of Income for Mortgage⁴	15%
Per Capita Income	$38,935
Wealth Index⁵	80

HOUSING
Total HU (Housing Units)	8,248 (100%)
Owner Occupied HU	5,818 (70.5%)
Renter Occupied HU	1,988 (24.1%)
Vacant Housing Units	443 ( 5.4%)
Median Home Value	$201,931
Average Home Value	$238,284
Housing Affordability Index³	164

HOUSEHOLDS
Total Households	7,805
Average Household Size	2.35
Family Households	5,015
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.

Hutchinson, MN 55350 - Peer Comparisons by Rank and Percentile

The table below compares 55350 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	0.36%	0.24%
Households	0.48%	0.38%
Families		0.34%
Median Household Income		1.93%
Per Capita Income		2.38%
Owner Occupied HU		0.69%

Variable Description	Rank	Percentile
Total Population	# 107	88th
Population Density	# 244	72nd
Median Household Income	# 423	52nd
Housing Affordability Index	# 575	65th
Per Capita Income	# 335	62nd
Diversity Index	# 297	66th

55350 ZIP Code Profile, Map, Data & Demographics

ZIP Code 55350: Basic Data & USPS Preferred City Name

Hutchinson, MN 55350 Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Hutchinson, MN 55350 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 55350

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

Quick & Easy Ways to...

Minnesota Census Data Comparison Tool

More Tools and Resources:

McLeod County