55074 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 55074 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateMinnesota
CityShafer
Time ZoneAmerica/Chicago
Geo Location45.38445, -92.73341
Population2235
Size89.885 square miles
Median Family Income$102273.00
Median Home Value$238800.00

Population & Demographics

The following information lists the population statistics and breakdown for the 55074 zip code. The total population is 2235, of which, 1092 are male and 1092 are female. This total population is 366.01% less than the average. With a total area of 89.885 square miles, the population density is 26.1 people per square mile. The median age of the population is 37.6 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
20111992
20122022
20132000
20142002
20152180
20162245
20172382
20182378
20192346
20202197
20212235

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 1366.1%
Age 5-91647.3%
Age 10-141305.8%
Age 15-191004.5%
Age 20-241275.7
Age 25-291848.2%
Age 30-341587.1%
Age 35-392029%
Age 40-44150 6.7%
Age 45-491054.7%
Age 50-541536.8%
Age 55-5923310.4%
Age 60-641376.1%
Age 65-691265.6%
Age 70-74683%
Age 75-79341.5%
Age 80-8460.3%
Age 85 and over221%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 4.7 %
  • Speaks Spanish: 3 %
  • Speaks Other Indo-European Language: 0.5 %
  • Speaks Pacific Island Languages: 1.1 %
  • Speak Other Languages: 0 %
Marital Status: 
  • Currently Married: 57.4 %
  • Divorced: 10.1 %
  • Separated (not divorced): 1.7 %
  • Never Married: 28.9 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 55074 zip code is $102273. This is 44.63% greater than the national average. This income places 5.4% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $34588. 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 $10,000.003
$10,000.00 – $14,999.002
$15,000.00 – $24,999.0018
$25,000.00 – $34,999.0014
$35,000.00 – $49,999.0048
$50,000.00 – $74,999.0088
$75,000.00 – $99,999.00136
$100,000.00 – $149,999.00218
$150,000.00 – $199,999,0076
$200,000.00 +35

YearMedian Family Income ($ USD)
201172663
201270417
201367279
201469444
201568021
201670655
201777589
201885469
201990625
202097596
2021102273

Income Source# of Households
Wage or Salary741
Self Employment122
Social Security216
Dividends, Interest, or Rental183
Retirement198
Other173

Total Insured & Uninsured Individuals: 
  • Families Insure: 2123
  • Families Uninsured: 112
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 198
  • No retirement income: 653

Education

In the 55074 zip code, 95.9% of individuals over 25 years old have a high school degree or higher, and 22.9% have a bachelors degree or higher. Additionally, 15.9% of individuals 3 years and older are in private school, and 84.1% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 55074 zip, there are an estimated 1313 people in the labor force, of which, 1283 are employed, and 30 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 35.9 minutes. Of the total people that work, 96 worked from home and 1218 commuted. The average number of hours worked is 38.8. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts402
Services211
Sales and Office273
Construction and Maintenance:241
Transportation and Material Moving156





Housing

The median home value for the 55074 zip code is 238800. There is an estimated  851 number of occupied housing units, the median gross rent in is $1136 per month, and the average monthly housing costs are estimated to be $1421. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,00050
$50,000 – $99,00056
$100,000 – $149,99941
$150,000 – $199,999116
$200,000 – $299,999235
$300,000 – $499,999263
$500,000 – $999,99917
$1,000,000+1

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 201952
2000 – 2009303
1980 – 1999228
1960 – 1979107
1940 – 195926
1939 or earlier135

The median number of rooms in all housing units is 6.8 rooms.
Monthly Rent ($ USD)Number of Units
Less than $5000
$500 – $99924
$1,000 – $1,49929
$1,500 – $1,99916
$2,000 – $2,4993
$2,499 – $2,9990
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 3002
300-49925
500-799121
800-99989
1000-1499244
1500-1999192
2000-249995
2500-299930
3000+53

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%252
20%-24.9%136
25%-29.9%44
30%-34.9%47
35+%114



# of VehiclesHouseholds
None5
1129
2356
3+361
Home Heating Characteristics: 
  • Utility Gas: 47.5 %
  • Bottle Tank or LP Gas: 30.2 %
  • Electricity: 9.8 %
  • Oil or Kerosene etc: 5.2 %
  • Coal or Coke: 0 %
  • All Other: 6.6 %

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