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Carver County · Minnesota

ZIP code 55367

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 55367 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
1,086

ZCTA residents

Median income
$89,896

Household, past 12 months

Median home
$304,500

Owner-occupied value

Sales tax
6.875%

Minnesota state rate

Quick answer

ZIP 55367 sits in Carver County, Minnesota and is home to 1,086 people. Median household income is $89,896, the median home is worth $304,500 and median gross rent is $1,075. 88.7% of households own their home, and purchases are taxed at 6.875% (Minnesota state rate).

County
Carver County

FIPS 27019

State
Minnesota (MN)

880 ZIPs covered

Area codes
Not published

No NANPA match for this ZIP

Metro area
Outside covered metros

Rate jurisdiction used for tax

The numbers for 55367

American Community Survey 2019-2023 ACS 5-year estimates for this ZCTA.

Population
1,086ZIP 55367 residents
Median household income
$89,896Past 12 months, inflation adjusted
Median home value
$304,500Owner-occupied units
Median gross rent
$1,075Rent plus utilities, monthly
Median age
33.6 yrsAll residents
Homeownership rate
88.7%Owner-occupied households

ZIP 55367 in context

How this area compares with national benchmarks.

ZIP 55367 is a small town in Carver County, Minnesota, with 1,086 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #550 of 880 ranked by population — larger than 37% of them. The median age here is 33.6 years against 39.1 nationally, a slightly younger profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in ZIP 55367 earn a median of $89,896 a year, 14.5% above the national figure of $78,538. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 6.2% of residents here, less than half the 12.4% national rate.

The typical owner-occupied home in ZIP 55367 is valued at $304,500, essentially level with the national figure, while median gross rent runs $1,075 a month, 23.5% below the national figure, or roughly $12,900 across a full year. A household on the local median income would put about 14.3% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 3.4×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 88.7% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Reading ZIP 55367 in context

How 55367 sits inside Carver County and Minnesota.

ZIP 55367 is tabulated inside Carver County, Minnesota, one of 12 ZIP areas the Census publishes for that county and 880 across Minnesota. Fewer than 2,500 people are counted here, so the ZIP behaves like a village delivery route rather than a neighbourhood. County assignment on this page follows the largest share of the ZIP's land area, which matters where a delivery route crosses a county line: mail addressed to 55367 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 55367 reports a median household income of $89,896, 19% below the $110,530 county median, and 19% above the $75,417 typical MN ZIP. Owner-occupied homes are valued at a median of $304,500, 16% below the county figure and 37% above the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at $1,075 a month, which is why it reads higher than the advertised rent on a listing for the same unit.

Minnesota charges 6.875% statewide, and local governments overlapping 55367 may add county, city or special-district levies on top. We publish the state floor for this ZIP rather than guessing a combined figure, because ZIP boundaries and taxing-district boundaries were drawn for different purposes and do not line up.

Everything above comes from the Census Bureau American Community Survey 2019-2023 ACS 5-year estimates for this ZIP Code Tabulation Area, with sales tax rates traced to the state revenue agency. Five-year estimates pool sixty months of responses, so they are stable enough to compare 55367 with its neighbours but always trail the current year, and any value the Census suppressed for sample size is shown as unpublished rather than filled in with a model.

Sales tax in 55367

What a purchase inside this ZIP costs at checkout.

Rate applied
6.875%State base rate only
Tax on $100
$7Rounded to the dollar
Tax on $1,000
$69Before any exemptions

Minnesota levies 6.875% statewide, and counties, cities and special districts inside this ZIP can add their own local rate on top. Check the county page for the local component before you quote a price.

Affordability in this ZIP

Derived from the Census medians above — indicative, not an offer.

Rent burden
14%Median rent ÷ median income
Price-to-income
3.4×Home value ÷ household income
Est. mortgage
$1,580/mo20% down, 30-yr at 6.75%
Poverty rate
6.2%Residents below poverty line

A rent burden above 30% is the federal threshold for cost-burdened households, and a price-to-income multiple above 4× is generally considered a stretched housing market. The mortgage figure is principal and interest only — taxes, insurance and HOA dues are extra.

How 55367 compares

ZIP 55367 against the median ZIP in Carver County and across Minnesota.

MeasureZIP 55367County medianState medianvs state
Median household income$89,896$110,530$75,417+19%
Median home value$304,500$364,650$221,650+37%
Median gross rent$1,075$1,154$925+16%
Population1,0864,7611,800-40%

Medians are computed across the 12 ZIP areas in Carver County and the 880 ZIP areas in Minnesota.

Statewide rank

Where this ZIP places among all 880 Minnesota ZIP areas.

Income

richer than 74% of 862 state ZIPs

#220
Home value

above 78% of 856 state ZIPs

#192
Population

larger than 38% of 880 state ZIPs

#550

Comparable ZIP codes

Minnesota ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
56332Douglas County$89,875$258,800—
56329Benton County$89,728$260,300$1,032
56052Le Sueur County$89,688$342,600—
55371Mille Lacs County$89,674$299,100$946
55128Washington County$89,642$300,700$1,451
55344Hennepin County$89,590$351,600$1,725

Nearby ZIP codes

Other ZIP codes filed under Carver County.

Adjacent ZIP Codes

Other ZIP codes in Carver County, Minnesota.

ZIP 55367 questions

Common questions about this ZIP code.

Where is ZIP code 55367?
ZIP 55367 lies mostly in Carver County, Minnesota. County assignment follows the largest share of land area, so a ZIP straddling a county line is filed under its dominant county.
What sales tax do I pay in 55367?
Minnesota charges 6.875% statewide, plus any county, city or district rate that applies locally.
Is 55367 expensive to live in?
Median rent runs $1,075 a month, about 14% of median household income, and the median home is worth $304,500 — +37% against the typical Minnesota ZIP.
Is a ZCTA the same as a postal ZIP code?
Not exactly. The Census builds ZIP Code Tabulation Areas from the ZIP codes of addresses inside each census block, so a ZCTA can differ slightly from the USPS delivery route of the same number, and PO-box-only ZIPs have no ZCTA at all.

Related pages for this area.

Sources & transparency

Every figure on this page is a published estimate for ZIP Code Tabulation Area 55367, except the affordability ratios and mortgage estimate, which we derive from those medians and label as estimates.

Last reviewed December 2024. Figures are published for reference and can change; verify with the source agency before filing or contracting. How we build and check this data.