55703 Zip Code (MN) Detailed Profile

Estimated zip code population in 2022: 901
Zip code population in 2010: 701
Zip code population in 2000: 768

Houses and condos: 429
Renter-occupied apartments: 22
March 2022 cost of living index in zip code 55703: 87.7 (less than average, U.S. average is 100)

Land area: 138.9 sq. mi.
Water area: 0.0 sq. mi.

Population density: 6 people per square mile

(very low).

Real estate property taxes paid for housing units in 2022:
Median real estate property taxes paid for housing units with mortgages in 2022: $1,591 (0.9%)
Median real estate property taxes paid for housing units with no mortgage in 2022: $948 (0.7%)

For population 25 years and over in 55703:

• High school or higher: 95.6%
• Bachelor's degree or higher: 21.3%
• Graduate or professional degree: 10.7%
• Unemployed: 3.3%
• Mean travel time to work (commute): 27.6 minutes

For population 15 years and over in 55703:

• Never married: 19.5%
• Now married: 54.6%
• Separated: 2.3%
• Widowed: 6.1%
• Divorced: 17.4%

• 
• • 81290.1%White
  • 333.7%American Indian
  • 313.4%Hispanic or Latino
  • 202.2%Two or more races
  • 30.3%Some other race
  • 20.2%Asian

100% rural population.

Averages for the 2020 tax year for zip code 55703, filed in 2021:

Average Adjusted Gross Income (AGI) in 2020: $60,246 (Individual Income Tax Returns)

Here:	$60,246
State:	$82,178

Salary/wage: $55,826 (reported on 77.1% of returns)

Here:	$55,826
State:	$67,438

(% of AGI for various income ranges: 1144.0% for AGIs below $25k, 3198.6% for AGIs $25k-50k, 5905.0% for AGIs $50k-75k, 9646.7% for AGIs $75k-100k, 17515.0% for AGIs $100k-200k)

Taxable interest for individuals: $258 (reported on 34.3% of returns)

This zip code:	$258
Minnesota:	$1,814

(% of AGI for various income ranges: 2.0% for AGIs below $25k, 22.9% for AGIs $25k-50k, 30.0% for AGIs $75k-100k, 12.5% for AGIs $100k-200k)

Ordinary dividends: $920 (reported on 14.3% of returns)

Here:	$920
State:	$6,928

(% of AGI for various income ranges: 37.5% for AGIs $50k-75k, 77.5% for AGIs $100k-200k)

Net capital gain/loss in AGI: +$3,160 (reported on 14.3% of returns)

Here:	+$3,160
State:	+$20,591

(% of AGI for various income ranges: 95.7% for AGIs $25k-50k, 227.5% for AGIs $100k-200k)

Profit/loss from business: +$2,633 (reported on 8.6% of returns)

Here:	+$2,633
State:	+$14,342

(% of AGI for various income ranges: 112.9% for AGIs $25k-50k)

Taxable individual retirement arrangement distribution: $12,267 (reported on 8.6% of returns)

55703:	$12,267
Minnesota:	$20,675

(% of AGI for various income ranges: 736.0% for AGIs below $25k)

Earned income credit: $1,600 (reported on 8.6% of returns)

Here:	$1,600
State:	$2,055

(% of AGI for various income ranges: 96.0% for AGIs below $25k)

Percentage of individuals using paid preparers for their 2020 taxes: 94.3%

Here:	94%
State:	94%

(% for various income ranges: 88.9% for AGIs below $25k, 100.0% for AGIs $25k-50k, 83.3% for AGIs $50k-75k, 100.0% for AGIs $75k-100k, 100.0% for AGIs $100k-200k)

Averages for the 2012 tax year for zip code 55703, filed in 2013:

Average Adjusted Gross Income (AGI) in 2012: $49,764 (Individual Income Tax Returns)

Here:	$49,764
State:	$67,192

Salary/wage: $50,020 (reported on 75.8% of returns)

Here:	$50,020
State:	$55,182

(% of AGI for various income ranges: 62.5% for AGIs below $25k, 64.3% for AGIs $25k-50k, 77.4% for AGIs $50k-75k, 78.9% for AGIs $75k-100k, 83.1% for AGIs $100k-200k)

Taxable interest for individuals: $467 (reported on 45.5% of returns)

This zip code:	$467
Minnesota:	$1,664

(% of AGI for various income ranges: 1.0% for AGIs below $25k, 0.5% for AGIs $25k-50k, 0.2% for AGIs $50k-75k, 0.4% for AGIs $75k-100k, 0.4% for AGIs $100k-200k)

Ordinary dividends: $650 (reported on 12.1% of returns)

Here:	$650
State:	$5,665

Net capital gain/loss in AGI: +$4,367 (reported on 9.1% of returns)

Here:	+$4,367
State:	+$16,131

Profit/loss from business: +$2,700 (reported on 15.2% of returns)

Here:	+$2,700
State:	+$12,430

Taxable individual retirement arrangement distribution: $8,200 (reported on 9.1% of returns)

55703:	$8,200
Minnesota:	$15,212

Total itemized deductions: $14,818 (19% of AGI, reported on 33.3% of returns)

Here:	$14,818
State:	$24,665

Here:	18.6% of AGI
State:	19.6% of AGI

(% of AGI for various income ranges: 23.3% for AGIs below $25k, 9.5% for AGIs $50k-75k, 11.8% for AGIs $75k-100k, 10.4% for AGIs $100k-200k)

Charity contributions: $1,362 (reported on 24.2% of returns)

Here:	$1,362
State:	$3,948

Taxes paid: $5,809 (reported on 33.3% of returns)

55703:	$5,809
State:	$10,589

(% of AGI for various income ranges: 4.4% for AGIs below $25k, 2.6% for AGIs $50k-75k, 4.6% for AGIs $75k-100k, 6.2% for AGIs $100k-200k)

Earned income credit: $2,100 (reported on 12.1% of returns)

Here:	$2,100
State:	$2,037

(% of AGI for various income ranges: 6.2% for AGIs below $25k)

Percentage of individuals using paid preparers for their 2012 taxes: 57.6%

Here:	58%
State:	55%

(% for various income ranges: 54.5% for AGIs below $25k, 50.0% for AGIs $25k-50k, 66.7% for AGIs $50k-75k, 75.0% for AGIs $75k-100k, 50.0% for AGIs $100k-200k)

Averages for the 2004 tax year for zip code 55703, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $36,853 (Individual Income Tax Returns)

Here:	$36,853
State:	$53,560

Salary/wage: $34,031 (reported on 83.0% of returns)

Here:	$34,031
State:	$46,177

(% of AGI for various income ranges: 121.7% for AGIs below $10k, 58.6% for AGIs $10k-25k, 77.4% for AGIs $25k-50k, 81.5% for AGIs $50k-75k, 87.7% for AGIs $75k-100k, 61.8% for AGIs over 100k)

Taxable interest for individuals: $583 (reported on 50.4% of returns)

This zip code:	$583
Minnesota:	$1,796

(% of AGI for various income ranges: 0.4% for AGIs below $10k, 1.8% for AGIs $10k-25k, 0.6% for AGIs $25k-50k, 1.1% for AGIs $50k-75k, 0.2% for AGIs $75k-100k, 0.3% for AGIs over 100k)

Taxable dividends: $489 (reported on 13.0% of returns)

Here:	$489
State:	$3,096

Profit/loss from business: +$2,000 (reported on 18.4% of returns)

Here:	+$2,000
State:	+$10,442

(% of AGI for various income ranges: 5.1% for AGIs below $10k, 6.4% for AGIs $10k-25k, 1.4% for AGIs $25k-50k, 0.5% for AGIs $50k-75k, -1.6% for AGIs $75k-100k)

Total itemized deductions: $13,493 (20% of AGI, reported on 20.5% of returns)

Here:	$13,493
State:	$20,035

Here:	20.1% of AGI
State:	21.3% of AGI

Charity contributions deductions: $1,056 (1% of AGI, reported on 15.6% of returns)

Here:	$1,056
State:	$3,333

Here:	1.5% of AGI
State:	3.4% of AGI

Total tax: $4,509 (reported on 76.9% of returns)

55703:	$4,509
State:	$8,485

(% of AGI for various income ranges: 3.2% for AGIs below $10k, 4.8% for AGIs $10k-25k, 6.8% for AGIs $25k-50k, 8.7% for AGIs $50k-75k, 10.4% for AGIs $75k-100k, 16.9% for AGIs over 100k)

Earned income credit: $1,350 (reported on 17.3% of returns)

Here:	$1,350
State:	$1,523

Percentage of individuals using paid preparers for their 2004 taxes: 60.2%

Here:	60%
State:	59%

(% for various income ranges: 49.4% for AGIs below $10k, 59.0% for AGIs $10k-25k, 65.4% for AGIs $25k-50k, 61.8% for AGIs $50k-75k, 65.2% for AGIs $75k-100k, 80.0% for AGIs over 100k)

Nearest zip codes: 55710, 55723, 55719, 55758, 55713, 55768.
No gay or lesbian households reported

Household received Food Stamps/SNAP in the past 12 months: 20
Household did not receive Food Stamps/SNAP in the past 12 months: 319

Women who had a birth in the past 12 months: 2 (2 now married, 0 unmarried)
Women who did not have a birth in the past 12 months: 178 (97 now married, 81 unmarried)

Housing units in zip code 55703 with a mortgage: 193 (5 second mortgage, 1 both second mortgage and home equity loan)
Houses without a mortgage: 5

Median monthly owner costs for units with a mortgage: $1,353
Median monthly owner costs for units without a mortgage: $481

Residents with income below the poverty level in 2022:
Residents with income below 50% of the poverty level in 2022:

• Zip code 55703 household income distribution in 2022

• 17Less than $10,000
• 4$10,000 to $14,999
• 18$15,000 to $19,999
• 7$20,000 to $24,999
• 4$25,000 to $29,999
• 3$30,000 to $34,999
• 5$35,000 to $39,999
• 5$40,000 to $44,999
• 13$45,000 to $49,999
• 32$50,000 to $59,999
• 81$60,000 to $74,999
• 51$75,000 to $99,999
• 40$100,000 to $124,999
• 27$125,000 to $149,999
• 21$150,000 to $199,999
• 7$200,000 or more

• Estimate of home value of owner-occupied houses/condos in 2022 in zip code 55703

• 1Less than $10,000
• 4$15,000 to $19,999
• 3$25,000 to $29,999
• 4$35,000 to $39,999
• 2$40,000 to $49,999
• 12$50,000 to $59,999
• 13$60,000 to $69,999
• 10$70,000 to $79,999
• 10$80,000 to $89,999
• 7$90,000 to $99,999
• 26$100,000 to $124,999
• 10$125,000 to $149,999
• 58$150,000 to $174,999
• 21$175,000 to $199,999
• 23$200,000 to $249,999
• 39$250,000 to $299,999
• 20$300,000 to $399,999
• 5$400,000 to $499,999
• 10$500,000 to $749,999
• 1$750,000 to $999,999

• Rent paid by renters in 2022 in zip code 55703

• 1$200 to $249
• 1$300 to $349
• 1$350 to $399
• 8$600 to $649
• 1$650 to $699
• 1$800 to $899
• 3$1,000 to $1,249
• 3No cash rent

Median gross rent in 2022: $1,308.

Estimated median house (or condo) value in 2022 for:

• White Non-Hispanic householders: $150,908
• Some other race householders: $271,008
• Hispanic or Latino householders: $271,008

Estimated median house or condo value in 2022: $180,006 Lower value quartile - upper value quartile: $109,673 - $261,744

Mean price in 2022:

Detached houses: $211,735

Here:	$211,735
State:	$374,552

Mobile homes: $62,971

Here:	$62,971
State:	$94,605

Housing units in structures:

• One, detached: 375
• 3 or 4: 2
• Mobile homes: 47

Unemployment: 3.3%

• Means of transportation to work in zip code 55703

• 85.3%283Drove a car alone
• 4.2%14Carpooled
• 0.9%3Other means
• 6.3%21Worked at home

• Travel time to work (commute) in zip code 55703

• 5Less than 5 minutes
• 125 to 9 minutes
• 2910 to 14 minutes
• 2715 to 19 minutes
• 4120 to 24 minutes
• 3025 to 29 minutes
• 5330 to 34 minutes
• 4835 to 39 minutes
• 1440 to 44 minutes
• 2545 to 59 minutes
• 760 to 89 minutes
• 490 or more minutes

Percentage of zip code residents living and working in this county: 98.5%

Household type by relationship:

Households: 901

• Male householders: 192 (68 living alone), Female householders: 148 (29 living alone)

• 160 spouses (160 opposite-sex spouses), 39 unmarried partners, (39 opposite-sex unmarried partners), 191 children (183 natural, 0 adopted, 8 stepchildren), 28 grandchildren, 40 brothers or sisters, 11 parents, 6 foster children, 77 other relatives, 5 non-relatives

• In group quarters: 5 (-1 institutionalized population)

Size of family households: 109 2-persons, 29 3-persons, 20 4-persons, 13 5-persons, 7 6-persons, 40 7-or-more-persons

Size of nonfamily households: 97 1-person, 18 2-persons, 1 6-persons

75 married couples with children.
96 single-parent households (22 men, 74 women).

99.2% of residents of 55703 zip code speak English at home.
0.1% of residents speak Spanish at home (100% well).
0.1% of residents speak other Indo-European language at home (100% very well).
0.1% of residents speak Asian or Pacific Island language at home (100% very well).
0.2% of residents speak other language at home (100% not well).

Facilities with environmental interests located in this zip code:

• HANCOCK FABRICATION INC (9167 HWY 53 in ANGORA, MN)

  STATE MASTER (Minnesota Pollution Control Agency permits and compilance tracking) - RCRAINFO-MND985684612, CESQG, RCRIS-MND985684612,
  Small Quantity Generators, between 100 kg and 1000 kg of hazardous waste/month (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
  Business SIC classification: INDUSTRIAL AND COMMERCIAL MACHINERY AND EQUIPMENT; WELDING REPAIR
  Business NAICS classification: OTHER COMMERCIAL AND SERVICE INDUSTRY MACHINERY MANUFACTURING.; COMMERCIAL AND INDUSTRIAL MACHINERY AND EQUIPMENT (EXCEPT AUTOMOTIVE AND ELECTRONIC) REPAIR AND MAINTENANCE.
  Organizations: HANCOCK JOHN G (CONTACT/OWNER)
  

Housing units lacking complete plumbing facilities: 10.8%
Housing units lacking complete kitchen facilities: 4.6%

Population in 1990: 291. Population change in the 1990s: +477 (+163.9%).

Place of birth for U.S.-born residents:

• This state: 764
• Northeast: 9
• Midwest: 66
• South: 25
• West: 27

74% of the 55703 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 78% lived in this county.
   Out of people who lived in different counties, 50% lived in Minnesota.

95% of the 55703 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 50% moved from this county.
   Out of people who lived in different houses, 21% moved from different county within same state.
   Out of people who lived in different houses, 29% moved from different state.
   Out of people who lived in different houses, 4% moved from abroad.

Private vs. public school enrollment:

Students in private schools in grades 1 to 8 (elementary and middle school): 9
Students in private schools in grades 9 to 12 (high school): 1 Students in private undergraduate colleges:

Top industries in this zip code by the number of employees in 2005:

• Construction: Highway, Street, and Bridge Construction (20-49 employees: 1 establishment)
• Construction: Site Preparation Contractors (1-4: 2)
• Professional, Scientific, and Technical Services: Other Services Related to Advertising (1-4: 1)
• Arts, Entertainment, and Recreation: Golf Courses and Country Clubs (1-4: 1)
• Accommodation and Food Services: Full-Service Restaurants (1-4: 1)
• Professional, Scientific, and Technical Services: Environmental Consulting Services (1-4: 1)

Detailed HMDA statistics for the following Tracts: 0151.00


Detailed PMIC statistics for the following Tracts: 0151.00

Most common first names in zip code 55703 among deceased individuals
Name	Count	Lived (average)
John	11	77.4 years
William	10	70.5 years
Eino	4	77.5 years
Walter	4	73.3 years
Edward	3	64.7 years
Arthur	3	80.7 years
Henry	3	66.7 years
Donald	3	83.6 years
Helen	3	86.0 years
Clifford	3	77.6 years

Most common last names in zip code 55703 among deceased individuals
Last name	Count	Lived (average)
Nelson	4	71.5 years
Haavisto	4	84.5 years
Metsa	4	74.7 years
Koski	4	69.5 years
Nordlund	4	71.5 years
Johnson	4	69.7 years
Cheney	3	52.4 years
Mattson	3	67.4 years
Hakkila	3	68.3 years
Latikka	3	68.7 years