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McLeod County · Minnesota

ZIP code 55370

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 55370 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
627

ZCTA residents

Median income
$117,344

Household, past 12 months

Median home
$332,100

Owner-occupied value

Sales tax
6.875%

Minnesota state rate

Quick answer

ZIP 55370 sits in McLeod County, Minnesota and is home to 627 people. Median household income is $117,344, the median home is worth $332,100 and median gross rent is —. 95.8% of households own their home, and purchases are taxed at 6.875% (Minnesota state rate).

County
McLeod County

FIPS 27085

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 55370

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

Population
627ZIP 55370 residents
Median household income
$117,344Past 12 months, inflation adjusted
Median home value
$332,100Owner-occupied units
Median gross rent
—Rent plus utilities, monthly
Median age
36.2 yrsAll residents
Homeownership rate
95.8%Owner-occupied households

ZIP 55370 in context

How this area compares with national benchmarks.

ZIP 55370 is a very small community in McLeod County, Minnesota, with 627 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #660 of 880 ranked by population — larger than 25% of them. The median age here is 36.2 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 55370 earn a median of $117,344 a year, 49.4% 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 3.8% of residents here, less than half the 12.4% national rate.

The typical owner-occupied home in ZIP 55370 is valued at $332,100, 9.5% above the national figure, while median gross rent runs not published a month. The home-price-to-income ratio works out to 2.8×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 95.8% 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.

With 627 residents, a handful of survey responses moves every median on this page. Compare ZIP 55370 against its county rather than against national figures.

The Census withheld gross rent for ZIP 55370 because the sample was too thin to publish at this geography. Those values were suppressed at the source, not lost in our dataset, and we do not model a replacement. Everything else on this page comes straight from the ACS 2019-2023 ACS 5-year tables.

Reading ZIP 55370 in context

How 55370 sits inside McLeod County and Minnesota.

ZIP 55370 is tabulated inside McLeod County, Minnesota, one of 8 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 55370 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 55370 reports a median household income of $117,344, 42% above the $82,837 county median, and 56% above the $75,417 typical MN ZIP. Owner-occupied homes are valued at a median of $332,100, 42% above the county figure and 50% above the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at not published 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 55370 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 55370 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 55370

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
—Median rent ÷ median income
Price-to-income
2.8×Home value ÷ household income
Est. mortgage
$1,723/mo20% down, 30-yr at 6.75%
Poverty rate
3.8%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 55370 compares

ZIP 55370 against the median ZIP in McLeod County and across Minnesota.

MeasureZIP 55370County medianState medianvs state
Median household income$117,344$82,837$75,417+56%
Median home value$332,100$234,500$221,650+50%
Median gross rent—$812$925—
Population6272,3011,800-65%

Medians are computed across the 8 ZIP areas in McLeod County and the 880 ZIP areas in Minnesota.

Statewide rank

Where this ZIP places among all 880 Minnesota ZIP areas.

Income

richer than 93% of 862 state ZIPs

#58
Home value

above 83% of 856 state ZIPs

#146
Population

larger than 25% of 880 state ZIPs

#660

Comparable ZIP codes

Minnesota ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
55082Washington County$117,538$459,500$1,439
55328Wright County$118,036$382,600$927
55360Carver County$118,036$340,100$1,233
55125Washington County$118,129$396,600$1,805
55065Dakota County$116,500$372,100$1,486
55309Sherburne County$118,387$335,500$1,463

Nearby ZIP codes

Other ZIP codes filed under McLeod County.

Adjacent ZIP Codes

Other ZIP codes in McLeod County, Minnesota.

ZIP 55370 questions

Common questions about this ZIP code.

Where is ZIP code 55370?
ZIP 55370 lies mostly in McLeod 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 55370?
Minnesota charges 6.875% statewide, plus any county, city or district rate that applies locally.
Is 55370 expensive to live in?
Median rent runs — a month, and the median home is worth $332,100 — +50% 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 55370, 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.