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ZipNumbers

Goodhue County · Minnesota

ZIP code 55963

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 55963 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
5,473

ZCTA residents

Median income
$109,464

Household, past 12 months

Median home
$350,800

Owner-occupied value

Sales tax
6.875%

Minnesota state rate

Quick answer

ZIP 55963 sits in Goodhue County, Minnesota and is home to 5,473 people. Median household income is $109,464, the median home is worth $350,800 and median gross rent is $969. 80.6% of households own their home, and purchases are taxed at 6.875% (Minnesota state rate).

County
Goodhue County

FIPS 27049

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 55963

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

Population
5,473ZIP 55963 residents
Median household income
$109,464Past 12 months, inflation adjusted
Median home value
$350,800Owner-occupied units
Median gross rent
$969Rent plus utilities, monthly
Median age
39.6 yrsAll residents
Homeownership rate
80.6%Owner-occupied households

Sales tax in 55963

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
11%Median rent ÷ median income
Price-to-income
3.2×Home value ÷ household income
Est. mortgage
$1,820/mo20% down, 30-yr at 6.75%
Poverty rate
3.2%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 55963 compares

ZIP 55963 against the median ZIP in Goodhue County and across Minnesota.

MeasureZIP 55963County medianState medianvs state
Median household income$109,464$91,964$75,417+45%
Median home value$350,800$284,500$221,650+58%
Median gross rent$969$964$925+5%
Population5,4733,1571,800+204%

Medians are computed across the 10 ZIP areas in Goodhue County and the 880 ZIP areas in Minnesota.

Statewide rank

Where this ZIP places among all 880 Minnesota ZIP areas.

Income

richer than 90% of 862 state ZIPs

#85
Home value

above 87% of 856 state ZIPs

#115
Population

larger than 73% of 880 state ZIPs

#242

Comparable ZIP codes

Minnesota ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
55005Anoka County$109,464$324,600$1,791
55387Carver County$109,279$418,600$1,306
56071Le Sueur County$109,672$373,000$1,183
55320Stearns County$109,242$307,200$1,130
55379Scott County$109,824$366,300$1,540
55126Ramsey County$109,017$366,400$1,507

Nearby ZIP codes

Other ZIP codes filed under Goodhue County.

ZIP 55963 questions

Common questions about this ZIP code.

Where is ZIP code 55963?
ZIP 55963 lies mostly in Goodhue 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 55963?
Minnesota charges 6.875% statewide, plus any county, city or district rate that applies locally.
Is 55963 expensive to live in?
Median rent runs $969 a month, about 11% of median household income, and the median home is worth $350,800+58% 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 55963, 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.