55963 Zip Code Population and Demographics

In this article, we'll explore the population statistics for the zip code 55963, including popular demographics data like median age, number of households, household income, gender, employment and unemployment rates, occupations, religion, and more.

55963 is a zip code in Dodge County, Goodhue County, and Olmsted County, Minnesota, which covers Milton, Cherry Grove, Pine Island, Pine, Roscoe, New Haven, Oronoco, and Oronoco, with a total population of 5,915 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 55963 zip code. The most basic data is the total population, which is the total number of people living in 55963.

The estimated population of people living in 55963 is 5,915, with a median age of 37.4.

We can look back at data from previous years to see how the population in the 55963 area has changed over the last 5 years.

Year Population Change 5-Year Change
2021
5,915
+8.23%
+15.44%
2020
5,465
 -0.05% -
2019
5,468
+4.33%
-
2018
5,241
+2.28%
-
2017
5,124
 - -

Population of 55963 by Race and Ethnicity

How much has the race and ethnicity of the population in the 55963 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
94.7%
97.4%
 -2.77%
Black/African American
1.2%
1.1%
 +9.09%
Native
0.5%
0%
 0.00%
Hispanic
0.7%
0.4%
 +75.00%
Asian
0.5%
0.7%
 -28.57%
Hawaiian/Pacific Islander
0%
0%
 0.00%
Two Or More Races
2.4%
0.4%
 +500.00%
Other
0.1%
0%
 0.00%

This data can be very important for anybody studying the 55963 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 55963 by Age and Gender

We can also monitor the change of the age and gender in the 55963 zip code to track track trends in the population over time.

We can see how the population in 55963 has changed over the last 5 years by median age as a total, and also by male and female.

Year Total Male Female
2021 37.4 -2.09% 38.2 -1.55% 35.6 -1.93%
2020 38.2 -0.26% 38.8 0% 36.3 -1.89%
2019 38.3 +5.51% 38.8 +2.65% 37 +5.11%
2018 36.3 -3.97% 37.8 -1.31% 35.2 -1.95%
2017 37.8 - 38.3 - 35.9 -

The median age of the 55963 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 55963 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 9 343 +24.93% 320 +21.74% 423 392
10 to 19 379 +32% 449 -11.84% 494 395
20 to 29 266 3.9% 262 +57.33% 261 422
30 to 39 319 +23.09% 409 +2.82% 393 410
40 to 49 348 1.21% 314 +21.09% 348 380
50 to 59 347 +38.55% 395 -11.28% 492 340
60 to 69 286 2.31% 253 +28.45% 284 330
70+ 216 +27.36% 218 +23.86% 280 271

Median Household Income

The latest median household income for the 55963 zip code is $82,847.00.

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 55963.

  • Under 25
    $0.00
  • 25 to 44
    $93,207.00
  • 45 to 64
    $109,102.00
  • 65 and over
    $48,516.00

Average Household Income

Whenever we ask what is the average household income in the 55963 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 55963, 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 55963 is currently $102,254.00.

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.

7.92% of households in 55963 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 55963 against other zip codes.

  • Less than $24,999
    8.33%
  • $25,000 to $49,999
    20.87%
  • $50,000 to $74,999
    14.58%
  • $75,000 to $99,999
    15.57%
  • $100,000 to $149,999
    21.87%
  • $150,000 to $199,999
    10.86%
  • $200,000 or more
    7.92%

Per Capita Income

The per capita income in 55963 is $38,606.00.

Per capita income is the average income of a person in a given area. It is calculated by dividing the total income of 55963 by the total population of 55963.

This is different from the average or mean income because it includes and accounts for all people living in the 55963 area, including people like children, the elderly, unemployed people, retired people, and more.

Education Levels

We can also look at the education levels in 55963 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
    14.92%
  • Bachelor's degree
    37.32%
  • Some college or associate's degree
    10.28%
  • High school diploma or equivalent
    34.63%
  • Less than high school diploma
    2.85%

Employment

Employment rates are all based around the total population in 55963 that are over the age of 16.

Currently, the total population of the 55963 zip over the age of 16 is 4,565.

Of those people, a total of 73.80% 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 55963 is 70.80%.

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 55963 zip code.

Age Population Participation Unemployment Rate
16 to 19 years 354 47.50% 13.70%
20 to 24 years 372 85.50% 11.90%
25 to 29 years 311 86.80% 0.00%
30 to 34 years 360 99.20% 8.70%
35 to 44 years 839 92.10% 2.30%
45 to 54 years 767 97.40% 2.30%
55 to 59 years 397 84.10% 0.00%
60 to 64 years 296 57.80% 1.20%
65 to 74 years 577 37.60% 5.10%
75 years and over 292 5.50% 0.00%

Employment by Race

Another very interesting employment statistic we can look at is the employment and unemployment rates by race in 55963. 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 4,350 74.30% 3.50%
Black or African American 29 58.60% 0.00%
American Indian and Alaska Native 30 56.70% 0.00%
Asian 12 100.00% 0.00%
Native Hawaiian and Other Pacific Islander 0 0.00% 0.00%
Other 3 100.00% 0.00%
Two or more races 141 64.50% 29.70%
Hispanic or Latino 32 96.90% 0.00%
Not Hispanic or Latino 4,319 74.10% 3.50%

Occupations

In this section we can look at the most common occupations for people living in the 55963 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 55963 is 3,231, with median earnings of $45,594.00.

Women in 55963 are earning approximately 87.30% of the men's earnings.

Population Earnings
Total 3,231 $45,594.00
Male 1,576 $48,197.00
Female 1,655 $42,073.00

Occupations by Category

In the table below, we can break down the population and earnings for 55963 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 300 $43,333.00
Business and Financial 112 $78,462.00
Computer and Mathematical 134 $111,316.00
Architecture and Engineering 59 $117,813.00
Life, Physical, and Social Science 4 $0.00
Community and Social Service 50 $63,750.00
Legal 32 $0.00
Educational and Library 217 $70,057.00
Arts, Design, Entertainment, Sports, and Media 18 $43,500.00
Healthcare Practitioners 487 $51,250.00
Healthcare Support 212 $23,750.00
Firefighters and Protective Service 2 $0.00
Law Enforcement 80 $34,167.00
Food Preparation and Serving 119 $10,938.00
Building and Grounds Cleaning 67 $27,829.00
Personal Care and Service 6 $46,250.00
Sales 209 $12,418.00
Office and Administrative Support 370 $39,583.00
Farming, Fishing, and Forestry 58 $10,625.00
Construction and Extraction 129 $57,125.00
Installation, Maintenance, and Repair 120 $70,500.00
Production 211 $33,935.00
Transportation and Material Moving 110 $37,500.00

Occupations by Gender

Now we can also look at the occupations by category for 55963 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 55963.

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 119 $64,063.00 181 $37,417.00
Business and Financial 26 $105,278.00 86 $71,618.00
Computer and Mathematical 76 $113,750.00 58 $81,739.00
Architecture and Engineering 50 $118,375.00 9 $0.00
Life, Physical, and Social Science 2 $0.00 2 $0.00
Community and Social Service 3 $0.00 47 $57,083.00
Legal 0 $0.00 32 $0.00
Educational and Library 69 $73,125.00 148 $69,688.00
Arts, Design, Entertainment, Sports, and Media 10 $0.00 8 $21,250.00
Healthcare Practitioners 135 $49,534.00 352 $54,444.00
Healthcare Support 0 $0.00 212 $23,750.00
Firefighters and Protective Service 2 $0.00 0 $0.00
Law Enforcement 80 $34,167.00 0 $0.00
Food Preparation and Serving 31 $0.00 88 $13,106.00
Building and Grounds Cleaning 63 $28,092.00 4 $0.00
Personal Care and Service 2 $0.00 4 $0.00
Sales 79 $59,417.00 130 $11,087.00
Office and Administrative Support 103 $23,625.00 267 $40,827.00
Farming, Fishing, and Forestry 53 $10,521.00 5 $0.00
Construction and Extraction 127 $57,375.00 2 $0.00
Installation, Maintenance, and Repair 120 $70,500.00 0 $0.00
Production 198 $34,259.00 13 $19,821.00
Transportation and Material Moving 104 $38,750.00 6 $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 2,209 households in 55963, with an average household size of 2.65 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 1,490 families living in the 55963 zip code with an average family size of 3.25 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 55963:

Married Male Female Nonfamily
Total Households 1,179 90 221 719
Average Household Size 3.24 2.68 3.95 1.28
Total Families 1,179 90 221 0
Average Household Size 3.23 2.62 3.59 0

Poverty

Of the 1,490 families living in 55963, 3.60% are considered to be below the poverty threshold.

The table below shows the latest poverty thresholds in 55963:

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 2,366 housing units in 55963.

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

Total Percentage
Occupied 2,209 93.36%
Vacant 157 6.64%

24.85% of the total 2,366 housing units in 55963 are rental units. This is approximately 588 properties.

For owner-occupied housing units, a total of 1,611 are occupied by the owner - or 68.09% of the total.

Rental Rates

The median rent for a property in 55963 is $848.00.

In the chart below, we can look at the number of rental properties in 55963 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
    10
  • Less than $500
    128
  • $500 to $999
    284
  • $1,000 to $1,499
    123
  • $1,500 to $1,999
    45
  • $2,000 to $2,499
    8
  • $2,500 to $2,999
    0
  • $3,000 or more
    0

Property Value

The median value of a property in 55963 is $282,900.00.

Just like with rental rates, we can look at the number of properties in 55963 that fall into a particular value range.

  • Less than $50,000
    58
  • $50,000 to $99,999
    39
  • $100,000 to $149,999
    147
  • $150,000 to $199,999
    205
  • $200,000 to $299,999
    433
  • $300,000 to $499,999
    522
  • $500,000 to $999,999
    165
  • $1,000,000 or more
    42

Property Age

We can also look at the age of properties in 55963. The chart below shows the number of properties in 55963 that fall into a particular age range.

  • 1939 or earlier
    392
  • 1940 to 1949
    33
  • 1950 to 1959
    84
  • 1960 to 1969
    136
  • 1970 to 1979
    411
  • 1980 to 1989
    159
  • 1990 to 1999
    241
  • 2000 to 2009
    764
  • 2010 to 2013
    140
  • 2014 or later
    6

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 55963 that have a particular number of vehicles available.

  • No vehicles available
    66
  • 1 vehicle available
    602
  • 2 vehicles available
    788
  • 3 or more vehicles available
    753

Commuting to Work

In this section, we can also look at how people in 55963 get to work. The chart below shows the number of people in 55963 that commute to work in a particular way.

25.7 minutes is the average travel time to work for people in 55963.

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
    87
  • 5 to 9 minutes
    181
  • 10 to 14 minutes
    205
  • 15 to 19 minutes
    441
  • 20 to 24 minutes
    512
  • 25 to 29 minutes
    463
  • 30 to 34 minutes
    524
  • 35 to 39 minutes
    45
  • 40 to 44 minutes
    133
  • 45 to 59 minutes
    133
  • 60 to 89 minutes
    174
  • 90 or more minutes
    35

Summary

We've covered a LOT of demographic and population data for 55963 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 55963

If you want to see how the population and demographics of 55963 compare to other zip codes in Minnesota, check out the list of all Minnesota zip codes below: