55350 Zip Code Population and Demographics

In this article, we'll explore the population statistics for the zip code 55350, including popular demographics data like median age, number of households, household income, gender, employment and unemployment rates, occupations, religion, and more.

55350 is a zip code in McLeod County, Meeker County, and Renville County, Minnesota, which covers Acoma, Collins, Hale, Hassan Valley, Hutchinson, Hutchinson, Lynn, Rich Valley, Sumter, Cedar Mills, Cedar Mills, Collinwood, Ellsworth, and Boon Lake, with a total population of 18,683 people.

We are using the latest American Community Survey (ACS) 5-Year survey data from the US Census Bureau, which is accurate up to 2021.

Table of Contents

Population

There is a lot of data that lets us see how many people live in the 55350 zip code. The most basic data is the total population, which is the total number of people living in 55350.

The estimated population of people living in 55350 is 18,683, with a median age of 41.6.

We can look back at data from previous years to see how the population in the 55350 area has changed over the last 5 years.

Year Population Change 5-Year Change
2021
18,683
+4.15%
+5.65%
2020
17,938
+0.2%
-
2019
17,903
+0.17%
-
2018
17,872
+1.06%
-
2017
17,684
 - -

Population of 55350 by Race and Ethnicity

How much has the race and ethnicity of the population in the 55350 zip code changed? The US Census Bureau gives us a few defined types that the population is broken down into.

Let's look at the total numbers and also the change over the last 5 years.

Race 2021 2017 Change
White
92.3%
94.2%
 -2.02%
Black/African American
0.2%
0.3%
 -33.33%
Native
0.1%
0.2%
 -50.00%
Hispanic
4.2%
2.7%
 +55.56%
Asian
1.3%
0.9%
 +44.44%
Hawaiian/Pacific Islander
0%
0%
 0.00%
Two Or More Races
1.7%
1.5%
 +13.33%
Other
0.2%
0.1%
 +100.00%

This data can be very important for anybody studying the 55350 zip for a number of reasons, including social and economic research, planning and development, and marketing to a multi-cultural population.

Note that the Native group includes both Native American and Alaskan Native people.

Population of 55350 by Age and Gender

We can also monitor the change of the age and gender in the 55350 zip code to track track trends in the population over time.

We can see how the population in 55350 has changed over the last 5 years by median age as a total, and also by male and female.

Year Total Male Female
2021 41.6 -1.65% 39.1 +1.3% 43.7 -4.17%
2020 42.3 +2.67% 38.6 -0.26% 45.6 +1.11%
2019 41.2 +1.48% 38.7 -0.26% 45.1 +1.58%
2018 40.6 -0.25% 38.8 -1.02% 44.4 +0.68%
2017 40.7 - 39.2 - 44.1 -

The median age of the 55350 zip gives you an idea of the age distribution, with half of the population being older than the median age and half being younger.

This can then be used to infer and compare against birth rates, parent ages, and more metrics to understand the population. For example, an increasing median age indicates an aging population in the 55350 area, which can be a sign of a declining population in terms of birth rates and workforce participation.

Age 2021 2017
(Years) Male Female Male Female
0 to 9 1,067 +18.88% 909 +18.08% 1,278 1,084
10 to 19 1,009 +17.7% 1,063 +12.9% 1,171 1,176
20 to 29 1,321 -25.25% 1,033 +7.9% 1,009 1,115
30 to 39 1,194 +4.27% 1,085 -10.05% 1,236 975
40 to 49 955 +14.52% 961 +19.92% 1,097 1,152
50 to 59 1,346 -15.55% 1,272 -5.2% 1,142 1,204
60 to 69 1,027 +22.64% 1,128 +21.55% 1,279 1,388
70+ 953 +4.99% 1,361 +1.77% 996 1,381

Median Household Income

The latest median household income for the 55350 zip code is $66,345.00.

In simple terms, the median income is the middle income of a group of people. Half of the people in the group make more than the median income, and half make less.

The median income is a good indicator of the overall income of a group of people, and can be used to compare against other metrics such as the average income, per capita income, and more.

Median Income by Age

We can also look at the median income by age to see how the median income varies by age, and how it compares to the overall median income for 55350.

  • Under 25
    $30,823.00
  • 25 to 44
    $77,917.00
  • 45 to 64
    $82,308.00
  • 65 and over
    $47,727.00

Average Household Income

Whenever we ask what is the average household income in the 55350 zip code, we are actually talking about the mean household income.

This is calculated by adding up all the incomes of all the households in 55350, and then dividing that number by the total number of households.

This is a good way to get a general idea of the average income of a group of people, but it can be skewed by a very high or very low incomes.

The average household income of 55350 is currently $91,400.00.

In terms of accurately summarizing income at a geographic level, the median income is a better metric than the average income because it isn't affected by a small number of very high or very low incomes.

If you had an area where the average income was greater than the median, it can mean that there is significant income inequality, with income being concentrated in a small number of wealthy households.

6.33% of households in 55350 are classed as high income households (making $200,000+ per year).

Household Income Tiers

The US Census Bureau divides households into income tiers based on the median income for the area. This is a good way to compare the income of 55350 against other zip codes.

  • Less than $24,999
    14.44%
  • $25,000 to $49,999
    19.88%
  • $50,000 to $74,999
    21.96%
  • $75,000 to $99,999
    15.59%
  • $100,000 to $149,999
    15.40%
  • $150,000 to $199,999
    6.41%
  • $200,000 or more
    6.33%

Per Capita Income

The per capita income in 55350 is $39,914.00.

Per capita income is the average income of a person in a given area. It is calculated by dividing the total income of 55350 by the total population of 55350.

This is different from the average or mean income because it includes and accounts for all people living in the 55350 area, including people like children, the elderly, unemployed people, retired people, and more.

Education Levels

We can also look at the education levels in 55350 to see how many people have a high school degree, a bachelor's degree, or a graduate degree.

Educational attainment is a good indicator of the overall education level of a population, and can be used to compare against other metrics such as the average income, per capita income, and more to see how education levels affect income, unemployment rates, and more.

  • Master's degree or higher
    11.63%
  • Bachelor's degree
    26.57%
  • Some college or associate's degree
    13.79%
  • High school diploma or equivalent
    46.50%
  • Less than high school diploma
    1.51%

Employment

Employment rates are all based around the total population in 55350 that are over the age of 16.

Currently, the total population of the 55350 zip over the age of 16 is 14,832.

Of those people, a total of 67.90% are working or actively looking for work. This is called the labor force participation rate.

The participation rate is a useful market measure because it shows the relative amount of labor resources available to the economy.

The employment to total population rate in 55350 is 65.10%.

Employment by Age

We can look at the employment rates by age to see how it compares to the overall employment rate. Here's how that breaks down for the 55350 zip code.

Age Population Participation Unemployment Rate
16 to 19 years 858 52.60% 6.70%
20 to 24 years 1,104 89.20% 3.70%
25 to 29 years 1,020 90.40% 5.90%
30 to 34 years 1,049 90.40% 9.50%
35 to 44 years 2,135 95.80% 0.90%
45 to 54 years 2,530 84.50% 2.10%
55 to 59 years 1,092 87.90% 2.20%
60 to 64 years 1,416 63.10% 0.40%
65 to 74 years 2,138 28.90% 18.00%
75 years and over 1,490 7.40% 4.50%

Employment by Race

Another very interesting employment statistic we can look at is the employment and unemployment rates by race in 55350. The table below shows the rates for each of the ethnicity groups types defined by the US Census Bureau (which we mentioned earlier in this article).

Age Population Participation Unemployment Rate
White 14,228 67.80% 3.70%
Black or African American 27 88.90% 0.00%
American Indian and Alaska Native 21 0.00% 0.00%
Asian 169 79.30% 0.00%
Native Hawaiian and Other Pacific Islander 0 0.00% 0.00%
Other 194 63.90% 47.60%
Two or more races 193 73.60% 0.00%
Hispanic or Latino 375 78.40% 35.00%
Not Hispanic or Latino 14,024 67.50% 3.30%

Occupations

In this section we can look at the most common occupations for people living in the 55350 area as well as the gender breakdown and earnings of them.

The total population of civilian employees that are 16 years old or older in 55350 is 9,658, with median earnings of $42,456.00.

Women in 55350 are earning approximately 68.20% of the men's earnings.

Population Earnings
Total 9,658 $42,456.00
Male 4,965 $51,664.00
Female 4,693 $35,244.00

Occupations by Category

In the table below, we can break down the population and earnings for 55350 even further by occupation. The list of occupation categories below will show you how many people are employed in each category and the median earnings of each profession.

Occupation Employed Earnings
Management 855 $83,588.00
Business and Financial 245 $54,297.00
Computer and Mathematical 187 $76,228.00
Architecture and Engineering 372 $91,500.00
Life, Physical, and Social Science 124 $49,435.00
Community and Social Service 150 $43,000.00
Legal 32 $38,750.00
Educational and Library 554 $46,296.00
Arts, Design, Entertainment, Sports, and Media 114 $61,304.00
Healthcare Practitioners 491 $58,750.00
Healthcare Support 376 $22,273.00
Firefighters and Protective Service 21 $0.00
Law Enforcement 18 $56,667.00
Food Preparation and Serving 447 $11,685.00
Building and Grounds Cleaning 292 $31,571.00
Personal Care and Service 189 $18,355.00
Sales 1,021 $30,184.00
Office and Administrative Support 924 $31,585.00
Farming, Fishing, and Forestry 132 $31,865.00
Construction and Extraction 521 $53,337.00
Installation, Maintenance, and Repair 310 $55,833.00
Production 1,323 $48,034.00
Transportation and Material Moving 352 $58,810.00

Occupations by Gender

Now we can also look at the occupations by category for 55350 when it is broken down by male and female.

This lets us see how many male and females work in each occupation, the median earnings, and the male to female ratio of earnings for 55350.

That last metric is important because it can be used to look at the gender pay gap between men and women.

Occupation Male Female
Population Earnings Population Earnings
Management 478 $88,426.00 377 $82,825.00
Business and Financial 94 $73,750.00 151 $46,534.00
Computer and Mathematical 130 $75,952.00 57 $76,385.00
Architecture and Engineering 300 $95,521.00 72 $83,523.00
Life, Physical, and Social Science 97 $49,456.00 27 $14,911.00
Community and Social Service 14 $74,167.00 136 $41,875.00
Legal 2 $0.00 30 $36,250.00
Educational and Library 151 $62,156.00 403 $24,906.00
Arts, Design, Entertainment, Sports, and Media 42 $66,071.00 72 $39,432.00
Healthcare Practitioners 71 $157,109.00 420 $51,481.00
Healthcare Support 45 $15,774.00 331 $25,246.00
Firefighters and Protective Service 21 $0.00 0 $0.00
Law Enforcement 12 $55,833.00 6 $0.00
Food Preparation and Serving 187 $10,179.00 260 $12,344.00
Building and Grounds Cleaning 153 $38,565.00 139 $27,232.00
Personal Care and Service 27 $0.00 162 $20,100.00
Sales 530 $38,750.00 491 $26,310.00
Office and Administrative Support 130 $12,222.00 794 $34,615.00
Farming, Fishing, and Forestry 124 $31,865.00 8 $22,500.00
Construction and Extraction 518 $53,304.00 3 $0.00
Installation, Maintenance, and Repair 306 $55,556.00 4 $0.00
Production 805 $47,708.00 518 $48,059.00
Transportation and Material Moving 342 $59,405.00 10 $0.00

Households and Family Size

A household is defined by the US Census Bureau as a group of people who occupy a housing unit. A housing unit is a house, apartment, mobile home, group of rooms, or single room occupied as separate living quarters.

There are currently 7,833 households in 55350, with an average household size of 2.37 people.

A family is defined as a group of two or more people related by birth, marriage, or adoption who live together in the same household.

There are 4,640 families living in the 55350 zip code with an average family size of 3.08 people.

Households by Marital Status

The four categories of household by marital status are:

  • Married-couple family
  • Male householder with no spouse present
  • Female household with no spouse present
  • Nonfamily household

The table below shows the total number of households and families, with the average sizes of each, that live in 55350:

Married Male Female Nonfamily
Total Households 3,977 101 562 3,193
Average Household Size 3.14 3.38 3.08 1.25
Total Families 3,977 101 562 0
Average Household Size 3.13 3.11 2.65 0

Poverty

Of the 4,640 families living in 55350, 5.00% are considered to be below the poverty threshold.

The table below shows the latest poverty thresholds in 55350:

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Housing

There are 8,392 housing units in 55350.

The table below shows the split between occupied and vacant units:

Total Percentage
Occupied 7,833 93.34%
Vacant 559 6.66%

24.49% of the total 8,392 housing units in 55350 are rental units. This is approximately 2,055 properties.

For owner-occupied housing units, a total of 5,717 are occupied by the owner - or 68.12% of the total.

Rental Rates

The median rent for a property in 55350 is $780.00.

In the chart below, we can look at the number of rental properties in 55350 that fall into a particular rent range. These can then be used to compare with other areas, or to see how they have changed over time.

  • No rent paid
    61
  • Less than $500
    212
  • $500 to $999
    1,403
  • $1,000 to $1,499
    387
  • $1,500 to $1,999
    20
  • $2,000 to $2,499
    2
  • $2,500 to $2,999
    16
  • $3,000 or more
    15

Property Value

The median value of a property in 55350 is $185,800.00.

Just like with rental rates, we can look at the number of properties in 55350 that fall into a particular value range.

  • Less than $50,000
    470
  • $50,000 to $99,999
    215
  • $100,000 to $149,999
    1,202
  • $150,000 to $199,999
    1,177
  • $200,000 to $299,999
    1,629
  • $300,000 to $499,999
    831
  • $500,000 to $999,999
    166
  • $1,000,000 or more
    27

Property Age

We can also look at the age of properties in 55350. The chart below shows the number of properties in 55350 that fall into a particular age range.

  • 1939 or earlier
    999
  • 1940 to 1949
    194
  • 1950 to 1959
    540
  • 1960 to 1969
    636
  • 1970 to 1979
    1,333
  • 1980 to 1989
    1,553
  • 1990 to 1999
    1,330
  • 2000 to 2009
    1,416
  • 2010 to 2013
    390
  • 2014 or later
    1

Vehicles per Household

The number of vehicles available per household can be a good indicator of the level of affluence in an area. The chart below shows the number of households in 55350 that have a particular number of vehicles available.

  • No vehicles available
    396
  • 1 vehicle available
    2,873
  • 2 vehicles available
    2,973
  • 3 or more vehicles available
    1,591

Commuting to Work

In this section, we can also look at how people in 55350 get to work. The chart below shows the number of people in 55350 that commute to work in a particular way.

19 minutes is the average travel time to work for people in 55350.

These commute times can be compared to other date like income and educational levels to see how they relate to each other and if there are any trends in the data that might suggest a correlation.

  • Less than 5 minutes
    719
  • 5 to 9 minutes
    2,877
  • 10 to 14 minutes
    1,669
  • 15 to 19 minutes
    936
  • 20 to 24 minutes
    628
  • 25 to 29 minutes
    231
  • 30 to 34 minutes
    325
  • 35 to 39 minutes
    185
  • 40 to 44 minutes
    268
  • 45 to 59 minutes
    326
  • 60 to 89 minutes
    557
  • 90 or more minutes
    190

Summary

We've covered a LOT of demographic and population data for 55350 in this article! Hopefully you have found it very useful in your research of the area.

If you use any of the data found on this page, please consider linking back to USPopulation.org as the source and if you have any feedback or data requests, click here to contact us.

States in 55350

If you want to see how the population and demographics of 55350 compare to other zip codes in Minnesota, check out the list of all Minnesota zip codes below: