Population 2,020 · Census ACS 2020–24
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Population and households in ZIP 55723
Household size in ZIP 55723
| Period | ZIP 55723 | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 2.03 | 2.52 | 2.68 |
| 2010–14 | 2.11 | 2.54 | 2.73 |
| 2015–19 | 2.04 | 2.55 | 2.71 |
| 2020–24 | 2.06 | 2.52 | 2.65 |
| Change | +0.03 | +0.00 | −0.03 |
Households in ZIP 55723 are small: just 2.06 people on average, compared with 2.65 nationally. That is typical of places where many people live alone or as couples, and fewer have children at home.
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 55723
| Period | ZIP 55723 | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 51.0 | 37.9 | 37.7 |
| 2010–14 | 53.7 | 38.9 | 38.6 |
| 2015–19 | 56.2 | 39.6 | 39.6 |
| 2020–24 | 56.2 | 40.0 | 40.1 |
| Change | +5.1 | +2.1 | +2.3 |
ZIP 55723 skews older: half of its residents are older than 56.2, well above the national median of 40.1. That usually means more empty nesters and retirees, and fewer young families. Since 2006–10, the median age has climbed from 51.0, 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 55723
| Period | ZIP 55723 | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 4.5% | 9.9% | 12.3% |
| 2010–14 | 6.6% | 10.2% | 12.3% |
| 2015–19 | 3.6% | 9.7% | 11.6% |
| 2020–24 | 7.3% | 9.6% | 11.6% |
| Change | +2.8 pts | −0.3 pts | −0.6 pts |
Single-parent households are relatively rare in ZIP 55723: 7.3% of households, against 11.6% nationally.
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 55723
Renters in ZIP 55723
| Period | ZIP 55723 | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 12.1% | 25.8% | 33.3% |
| 2010–14 | 10.9% | 27.9% | 35.6% |
| 2015–19 | 12.1% | 28.4% | 36.0% |
| 2020–24 | 10.9% | 27.8% | 34.8% |
| Change | −1.3 pts | +2.0 pts | +1.5 pts |
Only 10.9% of households in ZIP 55723 rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Among homeowners, 56.5% have no mortgage at all, well 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 55723
| Period | ZIP 55723 | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 40.1% | 9.2% | 11.4% |
| 2010–14 | 43.8% | 9.0% | 11.4% |
| 2015–19 | 46.3% | 8.7% | 11.1% |
| 2020–24 | 47.6% | 8.3% | 9.6% |
| Change | +7.5 pts | −0.9 pts | −1.8 pts |
Vacant homes make up 47.6% of the housing in ZIP 55723, 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 55723
| Period | ZIP 55723 | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 1974 | 1973 | 1974 |
| 2010–14 | 1976 | 1974 | 1975 |
| 2015–19 | 1976 | 1975 | 1977 |
| 2020–24 | 1977 | 1978 | 1980 |
| Change | +3 | +5 | +6 |
The typical home in ZIP 55723 was built around 1977, about the same vintage as the country's housing overall (1980).
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 55723
| Period | ZIP 55723 | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | $615 | $882 | $965 |
| 2010–14 | $643 | $953 | $1,040 |
| 2015–19 | $791 | $1,099 | $1,213 |
| 2020–24 | $676 | $1,404 | $1,571 |
| Change | +$61 | +$522 | +$606 |
Rent in ZIP 55723 runs $676 a month at the median, utilities included, well below the U.S. median of $1,571. Rent takes 25.8% of the typical renter's income, comfortably under the 30% mark often used to define affordable rent.
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 55723
Bachelor's degrees in ZIP 55723
| Period | ZIP 55723 | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 22.2% | 32.1% | 28.4% |
| 2010–14 | 22.1% | 33.7% | 29.6% |
| 2015–19 | 22.8% | 36.2% | 32.1% |
| 2020–24 | 27.1% | 39.6% | 35.6% |
| Change | +4.8 pts | +7.4 pts | +7.2 pts |
College degrees are less common in ZIP 55723 than nationally: 27.1% of adults 25 and older have a bachelor's or higher, against 35.6%.
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 55723
| Period | ZIP 55723 | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 91.3% | 91.4% | 84.9% |
| 2010–14 | 91.3% | 92.2% | 86.1% |
| 2015–19 | 94.5% | 93.0% | 87.7% |
| 2020–24 | 94.9% | 93.7% | 89.3% |
| Change | +3.6 pts | +2.3 pts | +4.3 pts |
High school completion is high in ZIP 55723: 94.9% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%. The picture is much the same across Minnesota.
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 55723
| Period | ZIP 55723 | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 8.0% | 6.5% | 8.1% |
| 2010–14 | 9.7% | 6.5% | 9.4% |
| 2015–19 | 5.2% | 3.7% | 5.6% |
| 2020–24 | 5.2% | 4.1% | 5.4% |
| Change | −2.7 pts | −2.4 pts | −2.7 pts |
Unemployment in ZIP 55723 is close to the national rate: 5.2% of the labor force, against 5.4%. The rate is higher than in Minnesota as a whole (4.1%). 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 55723 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 55723 | 2.06 | 56.2 | 7.3% | 10.9% | 47.6% | 1977 | $676 | 27.1% | 94.9% | 5.2% |
| ZIP 55703 | 2.45 | 46.0 | 11.2% | 10.1% | 38.5% | 1974 | $704 | 22.2% | 94.7% | 3.5% |
| ZIP 55790 | 2.07 | 61.4 | 7.3% | 10.7% | 56.6% | 1980 | $723 | 35.0% | 97.5% | 4.9% |
| ZIP 55782 | 2.10 | 56.1 | 6.4% | 14.7% | 52.4% | 1975 | $734 | 27.6% | 96.9% | 7.6% |
| ZIP 55706 | 2.04 | 56.9 | 5.3% | 10.0% | 31.0% | 1964 | $785 | 23.0% | 93.8% | 3.6% |
| ZIP 56639 | 2.09 | 52.9 | 7.8% | 25.9% | 41.3% | 1981 | $988 | 13.8% | 94.9% | 6.9% |
| ZIP 55731 | 1.83 | 54.6 | 5.0% | 25.7% | 29.0% | 1960 | $783 | 37.0% | 94.7% | 2.9% |
| ZIP 55796 | 1.95 | 61.0 | 1.5% | 12.2% | 41.6% | 1977 | $933 | 42.3% | 97.3% | 0.7% |
| ZIP 56688 | 2.37 | 57.9 | 3.4% | 5.3% | 48.0% | 1979 | $988 | 15.5% | 93.0% | 3.6% |
| ZIP 56660 | 1.77 | 62.3 | 3.9% | 10.6% | 52.5% | 1974 | $600 | 21.1% | 93.6% | 5.1% |
| ZIP 56661 | 2.19 | 58.4 | 3.5% | 8.7% | 45.7% | 1977 | $810 | 17.1% | 93.2% | 4.1% |
All figures 2020–24.
Zip codes with similar populations: 07435, NJ · 68883, NE · 30555, GA · 31512, GA · 35073, AL · 36276, AL · 38255, TN · 42058, KY · 42234, KY · 45767, OH
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 55723. 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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