55373 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Wright County
Centroid: Latitude 45.09, Longitude -93.735
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 55373 has segments in 2 Counties (Hennepin, Wright).

Businesses Addresses: 163
PO Box Addresses: 74
Residential Addresses: 2,331

Multi-Family Addresses: 175
Single Family Addresses: 2,156

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

Rockford, MN 55373 Data & Demographics (As of July 1, 2021)

POPULATION
Total Population	5,981 (100%)
Population in Households	5,981 (100.0%)
Population in Families	5,040 (84.3%)
Population in Group Quarters¹	0
Population Density	497
Diversity Index²	18


INCOME
Median Household Income	$80,747
Average Household Income	$108,230
% of Income for Mortgage⁴	14%
Per Capita Income	$40,191
Wealth Index⁵	122

HOUSING
Total HU (Housing Units)	2,275 (100%)
Owner Occupied HU	1,880 (82.6%)
Renter Occupied HU	341 (15.0%)
Vacant Housing Units	54 ( 2.4%)
Median Home Value	$274,595
Average Home Value	$323,590
Housing Affordability Index³	169

HOUSEHOLDS
Total Households	2,221
Average Household Size	2.69
Family Households	1,606
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.

Rockford, MN 55373 - Peer Comparisons by Rank and Percentile

The table below compares 55373 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	0.6%	1.23%
Households	0.55%	1.17%
Families	0.45%	1.12%
Median Household Income		1.55%
Per Capita Income		1.82%
Owner Occupied HU		1.47%

Variable Description	Rank	Percentile
Total Population	# 224	75th
Population Density	# 154	83rd
Median Household Income	# 152	83rd
Housing Affordability Index	# 345	39th
Per Capita Income	# 138	84th
Diversity Index	# 361	59th

55373 ZIP Code Profile, Map, Data & Demographics

ZIP Code 55373: Basic Data & USPS Preferred City Name

Rockford, MN 55373 Data & Demographics (As of July 1, 2021)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Rockford, MN 55373 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 55373

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