55388 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 55388 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateMinnesota
CityWatertown
Time ZoneAmerica/Chicago
Geo Location44.94945, -93.84551
Population6098
Size103.913 square miles
Median Family Income$102222.00
Median Home Value$266700.00

Population & Demographics

The following information lists the population statistics and breakdown for the 55388 zip code. The total population is 6098, of which, 3024 are male and 3024 are female. This total population is 438.74% less than the average. With a total area of 103.913 square miles, the population density is 57.5 people per square mile. The median age of the population is 36.1 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
20115566
20125568
20135617
20145661
20155727
20165747
20175867
20185858
20195975
20205955
20216098

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 5338.7%
Age 5-962810.3%
Age 10-143025%
Age 15-192774.5%
Age 20-245208.5
Age 25-294397.2%
Age 30-342554.2%
Age 35-393976.5%
Age 40-44335 5.5%
Age 45-493806.2%
Age 50-544497.4%
Age 55-595128.4%
Age 60-644657.6%
Age 65-692694.4%
Age 70-741442.4%
Age 75-79961.6%
Age 80-84731.2%
Age 85 and over240.4%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 0.9 %
  • Speaks Spanish: 0.1 %
  • Speaks Other Indo-European Language: 0.7 %
  • Speaks Pacific Island Languages: 0 %
  • Speak Other Languages: 0 %
Marital Status: 
  • Currently Married: 60.6 %
  • Divorced: 6.6 %
  • Separated (not divorced): 0.4 %
  • Never Married: 29.8 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 55388 zip code is $102222. This is 49.29% greater than the national average. This income places 8.2% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $23063. 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 $10,000.0049
$10,000.00 – $14,999.0010
$15,000.00 – $24,999.0071
$25,000.00 – $34,999.0016
$35,000.00 – $49,999.00174
$50,000.00 – $74,999.00216
$75,000.00 – $99,999.00284
$100,000.00 – $149,999.00440
$150,000.00 – $199,999,00300
$200,000.00 +112

YearMedian Family Income ($ USD)
201182969
201283750
201383180
201486346
201590114
201693694
201796028
201899112
2019100500
2020106678
2021102222

Income Source# of Households
Wage or Salary1919
Self Employment382
Social Security435
Dividends, Interest, or Rental403
Retirement313
Other270

Total Insured & Uninsured Individuals: 
  • Families Insure: 5775
  • Families Uninsured: 271
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 313
  • No retirement income: 1819

Education

In the 55388 zip code, 97% of individuals over 25 years old have a high school degree or higher, and 22.3% have a bachelors degree or higher. Additionally, 14.2% of individuals 3 years and older are in private school, and 85.8% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 55388 zip, there are an estimated 3538 people in the labor force, of which, 3480 are employed, and 46 are unemployed. There are a total of 12 people in the armed forces. The average commute time for this zip code is 29.7 minutes. Of the total people that work, 501 worked from home and 3447 commuted. The average number of hours worked is 38.7. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts1195
Services614
Sales and Office762
Construction and Maintenance:503
Transportation and Material Moving406





Housing

The median home value for the 55388 zip code is 266700. There is an estimated  2132 number of occupied housing units, the median gross rent in is $859 per month, and the average monthly housing costs are estimated to be $1385. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,00091
$50,000 – $99,00083
$100,000 – $149,999116
$150,000 – $199,999220
$200,000 – $299,999695
$300,000 – $499,999483
$500,000 – $999,999135
$1,000,000+24

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 201973
2000 – 2009508
1980 – 1999560
1960 – 1979366
1940 – 1959164
1939 or earlier461

The median number of rooms in all housing units is 6.7 rooms.
Monthly Rent ($ USD)Number of Units
Less than $50071
$500 – $999106
$1,000 – $1,49980
$1,500 – $1,99915
$2,000 – $2,4995
$2,499 – $2,9990
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 30032
300-499189
500-799337
800-999184
1000-1499456
1500-1999445
2000-2499350
2500-299983
3000+48

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%776
20%-24.9%135
25%-29.9%157
30%-34.9%101
35+%118



# of VehiclesHouseholds
None38
1262
21035
3+797
Home Heating Characteristics: 
  • Utility Gas: 65.7 %
  • Bottle Tank or LP Gas: 17.2 %
  • Electricity: 12.1 %
  • Oil or Kerosene etc: 2.2 %
  • Coal or Coke: 0 %
  • All Other: 2.7 %

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