ZIP Code 55940 has segments in 3 Counties (Dodge, Mower, Olmsted).
The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2020, Maps updated: May 1, 2020.
|Total Population||2,782 (100%)|
|Population in Households||2,735 (98.3%)|
|Population in Families||2,284 (82.1%)|
|Population in Group Quarters1||47 ( 1.7%)|
|Median Household Income||$68,712|
|Average Household Income||$88,281|
|% of Income for Mortgage4||13%|
|Per Capita Income||$33,944|
|Total HU (Housing Units)||1,158 (100%)|
|Owner Occupied HU||790 (68.2%)|
|Renter Occupied HU||279 (24.1%)|
|Vacant Housing Units||89 ( 7.7%)|
|Median Home Value||$208,268|
|Average Home Value||$246,899|
|Housing Affordability Index3||205|
|Average Household Size||2.56|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||0.93%|
|Per Capita Income||1.61%|
|Owner Occupied HU||1.16%|
The table below compares 55940 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.
|Total Population||# 365||59th|
|Population Density||# 396||55th|
|Median Household Income||# 273||69th|
|Housing Affordability Index||# 515||59th|
|Per Capita Income||# 324||63rd|
|Diversity Index||# 393||56th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.