ZIP Code 55906
ZIP Code Tabulation Area in Olmsted County, Minnesota.
- Population
- 20,080
- Median household income
- $104,146
- Median home value
- $350,000
+5.4%’19–’23
+14.5%’19–’23
+34.7%’19–’23
ZIP Code 55906 (Olmsted County, Minnesota) is home to about 20,080 residents. At $104,146, its median household income sits above Olmsted County's $93,494.
From 2019 to 2023, ZIP Code 55906's population grew 5.4% from 19,060 to 20,080, while its median gross rent rose 42.4% from $809 to $1,152.
The median gross rent is $1,152. 53.3% of adults 25 and older hold a bachelor's degree or higher.
Demographics
ACS 2019–2023- Population
- 20,080
- Median age
- 42.0 yrs
- Median household income
- $104,146
- Median home value
- $350,000
- Median gross rent
- $1,152
- Housing units
- 8,798
- Homeownership rate
- 75.3%
- Bachelor's degree or higher
- 53.3%
- Unemployment rate
- 3.6%
Trends
ACS 5-year · 2019–202319,06020,080
$90,972$104,146
$259,900$350,000
$809$1,152
| Year | Population | Median household income | Median home value | Median gross rent |
|---|---|---|---|---|
| 2019 | 19,060 | $90,972 | $259,900 | $809 |
| 2020 | 19,616 | $89,297 | $262,800 | $870 |
| 2021 | 19,791 | $96,403 | $286,400 | $929 |
| 2022 | 20,023 | $99,731 | $327,400 | $1,012 |
| 2023 | 20,080 | $104,146 | $350,000 | $1,152 |
Each year is a US Census Bureau ACS 5-year estimate ending that year.
Age distribution
Under 55.2%
5 to 1716.1%
18 to 247.3%
25 to 3412.6%
35 to 4413.1%
45 to 5413.2%
55 to 6414.5%
65 to 7410.5%
75 and over7.6%
| Count | Share | |
|---|---|---|
| Under 5 | 1,054 | 5.2% |
| 5 to 17 | 3,234 | 16.1% |
| 18 to 24 | 1,457 | 7.3% |
| 25 to 34 | 2,525 | 12.6% |
| 35 to 44 | 2,633 | 13.1% |
| 45 to 54 | 2,644 | 13.2% |
| 55 to 64 | 2,909 | 14.5% |
| 65 to 74 | 2,099 | 10.5% |
| 75 and over | 1,525 | 7.6% |
Race & ethnicity
| Count | Share | |
|---|---|---|
| White (non-Hispanic) | 15,037 | 74.9% |
| Black or African American | 1,287 | 6.4% |
| American Indian & Alaska Native | 2 | 0.0% |
| Asian | 1,653 | 8.2% |
| Native Hawaiian & Pacific Islander | 0 | 0.0% |
| Some other race | 59 | 0.3% |
| Two or more races | 1,120 | 5.6% |
| Hispanic or Latino (any race) | 922 | 4.6% |
Educational attainment (age 25+)
No high school diploma5.2%
High school graduate17.0%
Some college or associate's24.5%
Bachelor's degree29.1%
Graduate or professional degree24.1%
| Count | Share | |
|---|---|---|
| No high school diploma | 741 | 5.2% |
| High school graduate | 2,440 | 17.0% |
| Some college or associate's | 3,517 | 24.5% |
| Bachelor's degree | 4,177 | 29.1% |
| Graduate or professional degree | 3,460 | 24.1% |
Commute to work
- Mean travel time to work
- 18 min
Drove alone63.6%
Carpooled11.5%
Public transit3.8%
Walked1.6%
Bicycle1.1%
Worked from home17.6%
Other means0.7%
How workers get to work
| Count | Share | |
|---|---|---|
| Drove alone | 6,949 | 63.6% |
| Carpooled | 1,258 | 11.5% |
| Public transit | 414 | 3.8% |
| Walked | 173 | 1.6% |
| Bicycle | 123 | 1.1% |
| Worked from home | 1,924 | 17.6% |
| Other means | 81 | 0.7% |
Travel time
| Count | Share | |
|---|---|---|
| Under 15 min | 3,514 | 39.1% |
| 15 to 29 min | 4,397 | 48.9% |
| 30 to 44 min | 662 | 7.4% |
| 45 to 59 min | 149 | 1.7% |
| 60+ min | 276 | 3.1% |
Households
- Average household size
- 2.37
- Poverty rate
- 8.4% (1,672 of 19,988)
| Count | Share | |
|---|---|---|
| Family households | 5,633 | 67.1% |
| Nonfamily households | 2,763 | 32.9% |
Housing
- Median year structure built
- 1980
Occupancy
| Count | Share | |
|---|---|---|
| Occupied | 8,396 | 95.4% |
| Vacant | 402 | 4.6% |
Tenure (of occupied units)
| Count | Share | |
|---|---|---|
| Owner-occupied | 6,322 | 75.3% |
| Renter-occupied | 2,074 | 24.7% |
1-unit, detached70.7%
1-unit, attached5.0%
2 to 4 units3.9%
5 to 19 units5.3%
20 or more units10.6%
Mobile home & other4.5%
Units in structure
| Count | Share | |
|---|---|---|
| 1-unit, detached | 6,221 | 70.7% |
| 1-unit, attached | 441 | 5.0% |
| 2 to 4 units | 340 | 3.9% |
| 5 to 19 units | 467 | 5.3% |
| 20 or more units | 930 | 10.6% |
| Mobile home & other | 399 | 4.5% |
Geography
- ZCTA
- 55906
- Land area
- 61 sq mi
- Water area
- 0.24 sq mi
- Center point
- 44.0999, -92.4082
Counties this ZIP covers
2Compare with nearby ZIP codes
6National ZIP rankings
21- Largest by population
- Most densely populated
- Highest median household income
- Highest median home value
- Most affordable home values
- Highest median gross rent
- Cheapest median gross rent
- Oldest by median age
- Youngest by median age
- Most college-educated
- Highest poverty rate
- Lowest poverty rate
- Highest homeownership rate
- Lowest homeownership rate
- Longest commutes
- Shortest commutes
- Largest households
- Newest housing
- Oldest housing
- Fastest-growing (2019–2023)
- Fastest-shrinking (2019–2023)