US > Minnesota > Wabasha County > Zumbro Falls, MN 55991

55991 ZIP Code Profile, Map, Data & Demographics

Related Place Profiles:
Hammond, MN | Zumbro Falls, MN
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ZIP Code 55991: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Zumbro Falls, MN 55991

Acceptable Alternative
Hammond, MN 55991

  • 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: 573
    • Multi-Family Addresses: 0
    • Single Family Addresses: 573

The ZIP Code maps and database are updated 4 times per year.
Database updated: June 1, 2024, Maps updated: May 1, 2024.

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Zumbro Falls, MN 55991 Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 1,275 (100%)
Population in Households 1,275 (100.0%)
Population in Families 1,073 (84.2%)
Population in Group Quarters1 0
Population Density 26
Diversity Index2 11
 
 

INCOME

Median Household Income $97,924
Average Household Income $124,109
% of Income for Mortgage4 24%
Per Capita Income $53,635
Wealth Index5 143
Socioeconomic Status Index6 Moderate (58.8)
 

HOUSING

Total HU (Housing Units) 626 (100%)
Owner Occupied HU 473 (75.6%)
Renter Occupied HU 78 (12.5%)
Vacant Housing Units 75 (12.0%)
Median Home Value $373,308
Average Home Value $426,956
Housing Affordability Index3 101
 

HOUSEHOLDS

Total Households 551
Average Household Size 2.31
Family Households 388
Average Family Size 3.00
NOTES
  1. 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.
  2. 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.
  3. 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.
  4. 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).
  5. 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.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

 2020-2024 2024-2029
Population 0.66% 0.19%
Households 0.21% 0.36%
Families   0.10%
Median Household Income   2.52%
Per Capita Income   3.12%
Owner Occupied HU   0.50%

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

The table below compares 55991 to the other 882 ZIP Codes in Minnesota by rank and percentile using July 1, 2024 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.

Variable Description Rank Percentile
Total Population # 511 42nd
Population Density # 438 50th
Median Household Income # 167 81st
Housing Affordability Index # 378 43rd
Per Capita Income # 103 88th
Diversity Index # 817 7th

Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.


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