ZIP code 55901: income, home prices and cost of living

The median household income in ZIP 55901 is $85,890, which is 13% above the Minnesota median of $76,183 and 25% above the national figure. The typical home is valued at $270,300, and the median rent is $1,239/month. 64.3% of households own their home.

Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.

Median household income

$85,890

Minnesota average
$76,18313%
National
$68,75025%

Median home value

$270,300

Minnesota average
$240,20013%
National
$209,60029%

Median gross rent

$1,239

Minnesota average
$90637%
National
$98426%

Median age

34.3 yrs

Minnesota average
41.1 yrs17%
National
41.0 yrs16%

Homeownership rate

64.3%

Minnesota average
82.1%22%
National
75.8%15%

Bachelor's degree or higher

28.3%

Minnesota average
17.8%59%
National
15.9%78%

How ZIP 55901 compares with Minnesota and the U.S.

State and national bars are the median across ZIP Code Tabulation Areas. Source: U.S. Census Bureau, American Community Survey (5-year), 2022.

Talk to a vetted advisor who serves your area

Local numbers only take you so far. Get matched with a fiduciary advisor who works with households in Minnesota.

Get matched with an advisor

Nearby ZIP codes in Minnesota

55902559045590655912559205594455947559635597255976

Or compare 55901 with 55902.

Run your own numbers

Cost of living calculatorBudget calculatorMortgage calculator

See every local figure on the Minnesota money guide.

What people search about ZIP 55901

Searches for the cost of living in 55901, the median household income in 55901, average rent in 55901 and home values in this part of Minnesota all come back to the same Census figures shown above. Use them alongside a mortgage payment estimate, a property tax estimate and a household budget before you compare this ZIP code with a neighbouring one.

  • cost of living in 55901
  • median household income in 55901
  • home values in 55901
  • average rent in 55901
  • property tax in 55901
  • housing market in 55901

Methodology

Figures describe ZIP Code Tabulation Area 55901, the Census Bureau's statistical approximation of the ZIP code. Values are median estimates for the five-year period ending 2022.

State and national benchmarks are the median of all ZCTAs in that geography with at least 1,000 residents, computed by us from the same public dataset.

Sources: U.S. Census Bureau, American Community Survey (5-year). American Community Survey 5-year estimates, 2022.