55374 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Hennepin County
Centroid: Latitude 45.174, Longitude -93.568
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 55374 has segments in 2 Counties (Hennepin, Wright).

Businesses Addresses: 590
PO Box Addresses: 153
Residential Addresses: 5,334

Multi-Family Addresses: 443
Single Family Addresses: 4,891

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

Rogers, MN 55374 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	16,036 (100%)
Population in Households	15,950 (99.5%)
Population in Families	14,280 (89.0%)
Population in Group Quarters¹	86 ( 0.5%)
Population Density	454
Diversity Index²	22


INCOME
Median Household Income	$123,420
Average Household Income	$142,348
% of Income for Mortgage⁴	11%
Per Capita Income	$47,302
Wealth Index⁵	179

HOUSING
Total HU (Housing Units)	5,419 (100%)
Owner Occupied HU	4,623 (85.3%)
Renter Occupied HU	705 (13.0%)
Vacant Housing Units	91 ( 1.7%)
Median Home Value	$336,672
Average Home Value	$357,717
Housing Affordability Index³	217

HOUSEHOLDS
Total Households	5,328
Average Household Size	2.99
Family Households	4,202
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.

Rogers, MN 55374 - Peer Comparisons by Rank and Percentile

The table below compares 55374 to the other 879 ZIP Codes in Minnesota by rank and percentile using July 1, 2020 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	2010-2020	2020-2025
Population	1.68%	2.08%
Households	1.58%	2.01%
Families	1.54%	2.03%
Median Household Income		3.07%
Per Capita Income		2.87%
Owner Occupied HU		1.65%

Variable Description	Rank	Percentile
Total Population	# 125	86th
Population Density	# 157	82nd
Median Household Income	# 16	98th
Housing Affordability Index	# 566	64th
Per Capita Income	# 62	93rd
Diversity Index	# 285	68th

Rogers, MN 55374 ZIP Code Profile

ZIP Code 55374: Basic Data & USPS Preferred City Name

Rogers, MN 55374 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Rogers, MN 55374 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 55374

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