55991 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Wabasha County
Centroid: Latitude 44.225, Longitude -92.434
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 55991 has segments in 2 Counties (Olmsted, Wabasha).

Businesses Addresses: 24
PO Box Addresses: 24
Residential Addresses: 582

Multi-Family Addresses: 0
Single Family Addresses: 582

Foreclosures in MN 55991

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

Zumbro Falls, MN 55991 Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	1,271 (100%)
Population in Households	1,271 (100.0%)
Population in Families	1,056 (83.1%)
Population in Group Quarters¹	0
Population Density	25
Diversity Index²	10


INCOME
Median Household Income	$88,280
Average Household Income	$115,654
% of Income for Mortgage⁴	21%
Per Capita Income	$48,544
Wealth Index⁵	130

HOUSING
Total HU (Housing Units)	637 (100%)
Owner Occupied HU	487 (76.5%)
Renter Occupied HU	78 (12.2%)
Vacant Housing Units	72 (11.3%)
Median Home Value	$351,307
Average Home Value	$440,914
Housing Affordability Index³	126

HOUSEHOLDS
Total Households	565
Average Household Size	2.25
Family Households	402
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.

Zumbro Falls, MN 55991 - Peer Comparisons by Rank and Percentile

The table below compares 55991 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	0.03%	0.09%
Households	0.40%	0.35%
Families		0.35%
Median Household Income		2.37%
Per Capita Income		3.44%
Owner Occupied HU		0.45%

Variable Description	Rank	Percentile
Total Population	# 514	41st
Population Density	# 438	50th
Median Household Income	# 152	83rd
Housing Affordability Index	# 203	23rd
Per Capita Income	# 100	89th
Diversity Index	# 824	6th

55991 ZIP Code Profile, Map, Data & Demographics

ZIP Code 55991: Basic Data & USPS Preferred City Name

Zumbro Falls, MN 55991 Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Zumbro Falls, MN 55991 - Peer Comparisons by Rank and Percentile

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Wabasha County