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: October 1, 2021, Maps updated: May 5, 2021.
|Total Population||2,771 (100%)|
|Population in Households||2,724 (98.3%)|
|Population in Families||2,273 (82.0%)|
|Population in Group Quarters1||47 ( 1.7%)|
|Median Household Income||$64,483|
|Average Household Income||$84,293|
|% of Income for Mortgage4||15%|
|Per Capita Income||$32,512|
|Total HU (Housing Units)||1,154 (100%)|
|Owner Occupied HU||813 (70.5%)|
|Renter Occupied HU||255 (22.1%)|
|Vacant Housing Units||86 ( 7.5%)|
|Median Home Value||$233,263|
|Average Home Value||$267,066|
|Housing Affordability Index3||170|
|Average Household Size||2.55|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||2.19%|
|Per Capita Income||2.16%|
|Owner Occupied HU||1.22%|
The table below compares 55940 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.
|Total Population||# 367||58th|
|Population Density||# 393||55th|
|Median Household Income||# 438||50th|
|Housing Affordability Index||# 352||40th|
|Per Capita Income||# 475||46th|
|Diversity Index||# 411||53rd|
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.