Population 1,159 · Census ACS 2020–24
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Population and households in ZIP 55704
Household size in ZIP 55704
| Period | ZIP 55704 | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 2.21 | 2.52 | 2.68 |
| 2010–14 | 2.27 | 2.54 | 2.73 |
| 2015–19 | 2.36 | 2.55 | 2.71 |
| 2020–24 | 2.13 | 2.52 | 2.65 |
| Change | −0.08 | +0.00 | −0.03 |
ZIP 55704 is a place of small households, averaging 2.13 people against 2.65 for the U.S., which points to many singles, couples and roommates and relatively few children.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in ZIP 55704
| Period | ZIP 55704 | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 43.3 | 37.9 | 37.7 |
| 2010–14 | 45.8 | 38.9 | 38.6 |
| 2015–19 | 47.7 | 39.6 | 39.6 |
| 2020–24 | 47.9 | 40.0 | 40.1 |
| Change | +4.6 | +2.1 | +2.3 |
ZIP 55704 skews older: half of its residents are older than 47.9, well above the national median of 40.1. That usually means more empty nesters and retirees, and fewer young families. The median age has climbed from 43.3 in 2006–10, but in a place this small, survey estimates can swing a lot from one release to the next.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in ZIP 55704
| Period | ZIP 55704 | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 10.4% | 9.9% | 12.3% |
| 2010–14 | 6.5% | 10.2% | 12.3% |
| 2015–19 | 8.8% | 9.7% | 11.6% |
| 2020–24 | 10.2% | 9.6% | 11.6% |
| Change | −0.2 pts | −0.3 pts | −0.6 pts |
Single-parent households are a bit less common in ZIP 55704 than nationally: 10.2%, against 11.6%. The picture is much the same across Minnesota.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in ZIP 55704
Renters in ZIP 55704
| Period | ZIP 55704 | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 19.8% | 25.8% | 33.3% |
| 2010–14 | 18.3% | 27.9% | 35.6% |
| 2015–19 | 16.5% | 28.4% | 36.0% |
| 2020–24 | 14.7% | 27.8% | 34.8% |
| Change | −5.1 pts | +2.0 pts | +1.5 pts |
Only 14.7% of households in ZIP 55704 rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Among homeowners, 49.3% have no mortgage at all, above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in ZIP 55704
| Period | ZIP 55704 | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 24.7% | 9.2% | 11.4% |
| 2010–14 | 26.6% | 9.0% | 11.4% |
| 2015–19 | 32.4% | 8.7% | 11.1% |
| 2020–24 | 22.0% | 8.3% | 9.6% |
| Change | −2.7 pts | −0.9 pts | −1.8 pts |
Vacancy is high in ZIP 55704: 22.0% of homes are empty, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in ZIP 55704
| Period | ZIP 55704 | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 1974 | 1973 | 1974 |
| 2010–14 | 1978 | 1974 | 1975 |
| 2015–19 | 1979 | 1975 | 1977 |
| 2020–24 | 1982 | 1978 | 1980 |
| Change | +8 | +5 | +6 |
The typical home in ZIP 55704 was built around 1982, about the same vintage as the country's housing overall (1980). Homes here are newer than in Minnesota overall, where the median home dates to 1978.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in ZIP 55704
| Period | ZIP 55704 | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | $500 | $882 | $965 |
| 2010–14 | $521 | $953 | $1,040 |
| 2015–19 | $456 | $1,099 | $1,213 |
| 2020–24 | $615 | $1,404 | $1,571 |
| Change | +$115 | +$522 | +$606 |
The median renter in ZIP 55704 pays $615 a month for rent and utilities, well below the national median of $1,571. The typical renter here spends 29.5% of household income on rent, just under the 30% mark often used to define affordable rent, and a smaller share than renters pay nationally.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in ZIP 55704
Bachelor's degrees in ZIP 55704
| Period | ZIP 55704 | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 18.2% | 32.1% | 28.4% |
| 2010–14 | 15.2% | 33.7% | 29.6% |
| 2015–19 | 16.4% | 36.2% | 32.1% |
| 2020–24 | 22.9% | 39.6% | 35.6% |
| Change | +4.7 pts | +7.4 pts | +7.2 pts |
Fewer adults in ZIP 55704 have a four-year degree than in the country as a whole: 22.9%, against 35.6% nationally.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in ZIP 55704
| Period | ZIP 55704 | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 87.4% | 91.4% | 84.9% |
| 2010–14 | 89.8% | 92.2% | 86.1% |
| 2015–19 | 89.9% | 93.0% | 87.7% |
| 2020–24 | 91.4% | 93.7% | 89.3% |
| Change | +4.0 pts | +2.3 pts | +4.3 pts |
About nine in ten adults in ZIP 55704 have finished high school (91.4%), a bit above the national rate of 89.3%. Even so, the rate is lower than in Minnesota overall (93.7%).
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in ZIP 55704
| Period | ZIP 55704 | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 7.1% | 6.5% | 8.1% |
| 2010–14 | 6.8% | 6.5% | 9.4% |
| 2015–19 | 2.3% | 3.7% | 5.6% |
| 2020–24 | 7.5% | 4.1% | 5.4% |
| Change | +0.3 pts | −2.4 pts | −2.7 pts |
Unemployment in ZIP 55704 runs well above the national rate: 7.5% of the labor force was out of work and looking, against 5.4%. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
ZIP 55704 compared with nearby ZIP codes
| ZIP code | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| ZIP 55704 | 2.13 | 47.9 | 10.2% | 14.7% | 22.0% | 1982 | $615 | 22.9% | 91.4% | 7.5% |
| ZIP 55072 | 2.18 | 45.2 | 14.3% | 27.1% | 18.9% | 1976 | $952 | 14.2% | 87.6% | 6.5% |
| ZIP 55712 | 2.04 | 50.7 | 7.0% | 10.2% | 37.7% | 1980 | $645 | 18.6% | 91.2% | 6.0% |
| ZIP 55735 | 2.33 | 50.7 | 5.2% | 11.0% | 42.2% | 1985 | $1,112 | 16.2% | 93.0% | 9.4% |
| ZIP 55037 | 2.27 | 48.4 | 8.8% | 20.4% | 24.3% | 1983 | $976 | 16.3% | 90.2% | 6.5% |
| ZIP 56350 | 2.11 | 54.9 | 5.8% | 10.5% | 48.9% | 1985 | $1,166 | 14.0% | 94.9% | 8.4% |
| ZIP 54830 | 2.07 | 62.4 | 2.9% | 8.9% | 63.3% | 1986 | $836 | 24.8% | 95.6% | 5.3% |
| ZIP 56342 | 2.12 | 55.1 | 7.3% | 14.8% | 42.5% | 1982 | $791 | 17.3% | 92.4% | 8.5% |
| ZIP 56386 | 2.16 | 54.6 | 9.3% | 18.5% | 43.8% | 1983 | $891 | 21.1% | 91.7% | 7.6% |
| ZIP 56359 | 2.47 | 44.7 | 15.5% | 28.7% | 30.9% | 1987 | $890 | 18.8% | 88.4% | 8.3% |
| ZIP 54859 | 2.11 | 53.7 | 6.7% | 19.0% | 44.7% | 1982 | $895 | 24.1% | 93.4% | 5.1% |
All figures 2020–24.
Zip codes with similar populations: 02652, MA · 76673, TX · 76622, TX · 75476, TX · 75471, TX · 61242, IL · 61052, IL · 60935, IL · 58433, ND · 57328, SD
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up ZIP 55704. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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