55041 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 55041 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateMinnesota
CityLake City
Time ZoneAmerica/Chicago
Geo Location44.39402, -92.32022
Population7516
Size380.531 square miles
Median Family Income$92866.00
Median Home Value$225900.00

Population & Demographics

The following information lists the population statistics and breakdown for the 55041 zip code. The total population is 7516, of which, 3712 are male and 3712 are female. This total population is 1872.88% less than the average. With a total area of 380.531 square miles, the population density is 20.7 people per square mile. The median age of the population is 50.3 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
20118149
20127899
20137653
20147586
20157730
20167648
20177784
20187800
20197877
20207498
20217516

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 3154.2%
Age 5-93314.4%
Age 10-145467.3%
Age 15-193885.2%
Age 20-242493.3
Age 25-293674.9%
Age 30-343634.8%
Age 35-393404.5%
Age 40-44359 4.8%
Age 45-494596.1%
Age 50-546468.6%
Age 55-595387.2%
Age 60-645907.8%
Age 65-696098.1%
Age 70-744726.3%
Age 75-794235.6%
Age 80-842373.2%
Age 85 and over2843.8%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 2.2 %
  • Speaks Spanish: 0.9 %
  • Speaks Other Indo-European Language: 0.7 %
  • Speaks Pacific Island Languages: 0.5 %
  • Speak Other Languages: 0.1 %
Marital Status: 
  • Currently Married: 58.1 %
  • Divorced: 12.9 %
  • Separated (not divorced): 0.5 %
  • Never Married: 20.7 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 55041 zip code is $92866. This is 8.67% greater than the national average. This income places 6% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $22792. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.0022
$10,000.00 – $14,999.0019
$15,000.00 – $24,999.0080
$25,000.00 – $34,999.0087
$35,000.00 – $49,999.00267
$50,000.00 – $74,999.00380
$75,000.00 – $99,999.00386
$100,000.00 – $149,999.00544
$150,000.00 – $199,999,00193
$200,000.00 +138

YearMedian Family Income ($ USD)
201163390
201264091
201360129
201463095
201565702
201666611
201770495
201878850
201983859
202088293
202192866

Income Source# of Households
Wage or Salary2273
Self Employment451
Social Security1409
Dividends, Interest, or Rental991
Retirement929
Other542

Total Insured & Uninsured Individuals: 
  • Families Insure: 7028
  • Families Uninsured: 405
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 929
  • No retirement income: 2372

Education

In the 55041 zip code, 95.5% of individuals over 25 years old have a high school degree or higher, and 30.3% have a bachelors degree or higher. Additionally, 10.3% of individuals 3 years and older are in private school, and 89.7% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 55041 zip, there are an estimated 3928 people in the labor force, of which, 3788 are employed, and 140 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 20.7 minutes. Of the total people that work, 379 worked from home and 3729 commuted. The average number of hours worked is 39. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts1590
Services642
Sales and Office642
Construction and Maintenance:258
Transportation and Material Moving656





Housing

The median home value for the 55041 zip code is 225900. There is an estimated  3301 number of occupied housing units, the median gross rent in is $951 per month, and the average monthly housing costs are estimated to be $976. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,000152
$50,000 – $99,000185
$100,000 – $149,999248
$150,000 – $199,999508
$200,000 – $299,999661
$300,000 – $499,999693
$500,000 – $999,999114
$1,000,000+36

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 2019136
2000 – 2009708
1980 – 1999587
1960 – 1979733
1940 – 1959452
1939 or earlier685

The median number of rooms in all housing units is 6.4 rooms.
Monthly Rent ($ USD)Number of Units
Less than $50077
$500 – $999279
$1,000 – $1,499222
$1,500 – $1,99979
$2,000 – $2,4990
$2,499 – $2,9990
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 300165
300-499439
500-799715
800-999344
1000-1499908
1500-1999341
2000-2499177
2500-299980
3000+85

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%663
20%-24.9%195
25%-29.9%222
30%-34.9%58
35+%216



# of VehiclesHouseholds
None134
11091
21126
3+950
Home Heating Characteristics: 
  • Utility Gas: 64.6 %
  • Bottle Tank or LP Gas: 18.7 %
  • Electricity: 12.5 %
  • Oil or Kerosene etc: 0.5 %
  • Coal or Coke: 0.1 %
  • All Other: 3.1 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.