55603 Zip Code (Finland, MN) Detailed Profile

Estimated zip code population in 2022: 394
Zip code population in 2010: 508
Zip code population in 2000: 603

Houses and condos: 440
Renter-occupied apartments: 47
March 2022 cost of living index in zip code 55603: 85.9 (less than average, U.S. average is 100)

Land area: 360.9 sq. mi.
Water area: 13.1 sq. mi.

Population density: 1 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: $1,393 (0.7%)
Median real estate property taxes paid for housing units with no mortgage in 2022: $1,627 (0.9%)

For population 25 years and over in 55603:

• High school or higher: 90.3%
• Bachelor's degree or higher: 16.7%
• Graduate or professional degree: 8.6%
• Unemployed: 0.9%
• Mean travel time to work (commute): 21.8 minutes

For population 15 years and over in 55603:

• Never married: 23.5%
• Now married: 58.1%
• Separated: 2.1%
• Widowed: 7.7%
• Divorced: 8.6%

• 
• • 36091.4%White
  • 164.1%Black
  • 153.8%Two or more races
  • 30.8%Asian

100% rural population.

Averages for the 2020 tax year for zip code 55603, filed in 2021:

Average Adjusted Gross Income (AGI) in 2020: $48,536 (Individual Income Tax Returns)

Here:	$48,536
State:	$82,178

Salary/wage: $39,918 (reported on 68.0% of returns)

Here:	$39,918
State:	$67,438

(% of AGI for various income ranges: 1018.3% for AGIs below $25k, 3610.0% for AGIs $25k-50k, 6235.0% for AGIs $50k-75k, 4743.3% for AGIs $75k-100k)

Taxable interest for individuals: $271 (reported on 56.0% of returns)

This zip code:	$271
Minnesota:	$1,814

(% of AGI for various income ranges: 25.0% for AGIs below $25k, 27.5% for AGIs $25k-50k, 40.0% for AGIs $50k-75k)

Ordinary dividends: $833 (reported on 12.0% of returns)

Here:	$833
State:	$6,928

(% of AGI for various income ranges: 62.5% for AGIs $25k-50k)

Net capital gain/loss in AGI: +$2,350 (reported on 8.0% of returns)

Here:	+$2,350
State:	+$20,591

(% of AGI for various income ranges: 78.3% for AGIs below $25k)

Profit/loss from business: +$3,929 (reported on 28.0% of returns)

Here:	+$3,929
State:	+$14,342

(% of AGI for various income ranges: 225.0% for AGIs below $25k, 700.0% for AGIs $50k-75k)

Taxable individual retirement arrangement distribution: $19,350 (reported on 8.0% of returns)

55603:	$19,350
Minnesota:	$20,675

(% of AGI for various income ranges: 645.0% for AGIs below $25k)

Earned income credit: $1,740 (reported on 20.0% of returns)

Here:	$1,740
State:	$2,055

(% of AGI for various income ranges: 145.0% for AGIs below $25k)

Percentage of individuals using paid preparers for their 2020 taxes: 92.0%

Here:	92%
State:	94%

(% for various income ranges: 88.9% for AGIs below $25k, 100.0% for AGIs $25k-50k, 75.0% 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 55603, filed in 2013:

Average Adjusted Gross Income (AGI) in 2012: $41,570 (Individual Income Tax Returns)

Here:	$41,570
State:	$67,192

Salary/wage: $36,942 (reported on 82.6% of returns)

Here:	$36,942
State:	$55,182

(% of AGI for various income ranges: 72.0% for AGIs below $25k, 76.0% for AGIs $25k-50k, 58.5% for AGIs $50k-75k, 79.4% for AGIs $75k-100k)

Taxable interest for individuals: $320 (reported on 43.5% of returns)

This zip code:	$320
Minnesota:	$1,664

(% of AGI for various income ranges: 1.0% for AGIs below $25k, 0.6% for AGIs $25k-50k, 0.2% for AGIs $50k-75k)

Ordinary dividends: $333 (reported on 13.0% of returns)

Here:	$333
State:	$5,665

Profit/loss from business: +$5,000 (reported on 30.4% of returns)

Here:	+$5,000
State:	+$12,430

Taxable individual retirement arrangement distribution: $14,433 (reported on 13.0% of returns)

55603:	$14,433
Minnesota:	$15,212

Total itemized deductions: $19,450 (25% of AGI, reported on 17.4% of returns)

Here:	$19,450
State:	$24,665

Here:	24.8% of AGI
State:	19.6% of AGI

Charity contributions: $1,067 (reported on 13.0% of returns)

Here:	$1,067
State:	$3,948

Taxes paid: $6,125 (reported on 17.4% of returns)

55603:	$6,125
State:	$10,589

Earned income credit: $1,400 (reported on 17.4% of returns)

Here:	$1,400
State:	$2,037

(% of AGI for various income ranges: 4.3% for AGIs below $25k)

Percentage of individuals using paid preparers for their 2012 taxes: 56.5%

Here:	57%
State:	55%

(% for various income ranges: 50.0% for AGIs below $25k, 83.3% for AGIs $25k-50k, 75.0% for AGIs $75k-100k)

Averages for the 2004 tax year for zip code 55603, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $31,011 (Individual Income Tax Returns)

Here:	$31,011
State:	$53,560

Salary/wage: $28,861 (reported on 85.6% of returns)

Here:	$28,861
State:	$46,177

(% of AGI for various income ranges: 83.8% for AGIs below $10k, 70.0% for AGIs $10k-25k, 87.0% for AGIs $25k-50k, 91.2% for AGIs $50k-75k, 62.5% for AGIs $75k-100k)

Taxable interest for individuals: $600 (reported on 44.4% of returns)

This zip code:	$600
Minnesota:	$1,796

(% of AGI for various income ranges: 0.6% for AGIs below $10k, 3.7% for AGIs $10k-25k, 0.4% for AGIs $25k-50k, 0.2% for AGIs $50k-75k, 0.1% for AGIs $75k-100k)

Taxable dividends: $343 (reported on 13.0% of returns)

Here:	$343
State:	$3,096

Net capital gain/loss: +$1,296 (reported on 10.0% of returns)

Here:	+$1,296
State:	+$10,864

Profit/loss from business: +$1,797 (reported on 25.6% of returns)

Here:	+$1,797
State:	+$10,442

(% of AGI for various income ranges: -0.9% for AGIs below $10k, 9.6% for AGIs $10k-25k, 0.7% for AGIs $25k-50k, -1.3% for AGIs $50k-75k)

IRA payment deduction: $1,250 (reported on 4.4% of returns)

55603:	$1,250
Minnesota:	$2,955

Total itemized deductions: $13,558 (24% of AGI, reported on 19.3% of returns)

Here:	$13,558
State:	$20,035

Here:	24.4% of AGI
State:	21.3% of AGI

Charity contributions deductions: $1,000 (2% of AGI, reported on 15.2% of returns)

Here:	$1,000
State:	$3,333

Here:	1.7% of AGI
State:	3.4% of AGI

Total tax: $3,314 (reported on 76.7% of returns)

55603:	$3,314
State:	$8,485

(% of AGI for various income ranges: 3.3% for AGIs below $10k, 5.6% for AGIs $10k-25k, 6.8% for AGIs $25k-50k, 9.2% for AGIs $50k-75k, 11.6% for AGIs $75k-100k)

Earned income credit: $1,611 (reported on 20.0% of returns)

Here:	$1,611
State:	$1,523

Percentage of individuals using paid preparers for their 2004 taxes: 55.9%

Here:	56%
State:	59%

(% for various income ranges: 34.4% for AGIs below $10k, 59.3% for AGIs $10k-25k, 65.6% for AGIs $25k-50k, 59.0% for AGIs $50k-75k, 70.0% for AGIs $75k-100k)

Nearest zip codes: 55607, 55614, 55601, 55613, 55615, 55616.
Likely homosexual households (counted as self-reported same-sex unmarried-partner households)

• Lesbian couples: 0.8% of all households
• Gay men: 0.0% of all households

Household received Food Stamps/SNAP in the past 12 months: 31
Household did not receive Food Stamps/SNAP in the past 12 months: 191

Women who had a birth in the past 12 months: 3 (3 now married, 0 unmarried)
Women who did not have a birth in the past 12 months: 46 (20 now married, 26 unmarried)

Housing units in zip code 55603 with a mortgage: 61 (8 second mortgage, 8 both second mortgage and home equity loan)
Houses without a mortgage: 3

Median monthly owner costs for units with a mortgage: $1,318
Median monthly owner costs for units without a mortgage: $468

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

• Zip code 55603 household income distribution in 2022

• 32Less than $10,000
• 7$10,000 to $14,999
• 17$15,000 to $19,999
• 1$20,000 to $24,999
• 22$30,000 to $34,999
• 3$35,000 to $39,999
• 5$40,000 to $44,999
• 3$45,000 to $49,999
• 26$50,000 to $59,999
• 40$60,000 to $74,999
• 28$75,000 to $99,999
• 28$100,000 to $124,999
• 6$125,000 to $149,999
• 2$150,000 to $199,999
• 4$200,000 or more

• Estimate of home value of owner-occupied houses/condos in 2022 in zip code 55603

• 2Less than $10,000
• 1$15,000 to $19,999
• 1$60,000 to $69,999
• 3$80,000 to $89,999
• 6$90,000 to $99,999
• 41$100,000 to $124,999
• 1$125,000 to $149,999
• 25$150,000 to $174,999
• 21$175,000 to $199,999
• 11$200,000 to $249,999
• 9$250,000 to $299,999
• 17$300,000 to $399,999
• 3$400,000 to $499,999
• 10$500,000 to $749,999

• Rent paid by renters in 2022 in zip code 55603

• 2$250 to $299
• 15$300 to $349
• 14$450 to $499
• 3$900 to $999
• 10No cash rent

Median gross rent in 2022: $659.

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

• White Non-Hispanic householders: $207,067
• Two or more races householders: $88,782

Estimated median house or condo value in 2022: $184,394 Lower value quartile - upper value quartile: $123,043 - $243,727

Mean price in 2022:

Detached houses: $213,532

Here:	$213,532
State:	$374,552

Mobile homes: $105,865

Here:	$105,865
State:	$94,605

Housing units in structures:

• One, detached: 386
• 50 or more: 3
• Mobile homes: 48

Unemployment: 0.9%

• Means of transportation to work in zip code 55603

• 82.9%133Drove a car alone
• 8.1%13Carpooled
• 1.2%2Other means
• 4.4%7Worked at home

• Travel time to work (commute) in zip code 55603

• 4Less than 5 minutes
• 95 to 9 minutes
• 2210 to 14 minutes
• 1915 to 19 minutes
• 3320 to 24 minutes
• 1525 to 29 minutes
• 2330 to 34 minutes
• 535 to 39 minutes
• 240 to 44 minutes
• 645 to 59 minutes
• 160 to 89 minutes
• 190 or more minutes

Percentage of zip code residents living and working in this county: 73.1%

Household type by relationship:

Households: 394

• Male householders: 143 (71 living alone), Female householders: 80 (28 living alone)

• 100 spouses (92 opposite-sex spouses), 15 unmarried partners, (11 opposite-sex unmarried partners), 46 children (46 natural, 0 adopted, 0 stepchildren), 0 grandchildren, 0 brothers or sisters, 1 parents, 0 foster children, 0 other relatives, 1 non-relatives

• In group quarters: 15 (-1 institutionalized population)

Size of family households: 85 2-persons, 6 3-persons, 13 4-persons, 1 5-persons, 2 7-or-more-persons

Size of nonfamily households: 99 1-person, 16 2-persons

23 married couples with children.
2 single-parent households (2 women).

92.9% of residents of 55603 zip code speak English at home.
0.5% of residents speak other Indo-European language at home (100% very well).
0.5% of residents speak Asian or Pacific Island language at home (100% not well).
5.8% of residents speak other language at home (100% very well).

Facilities with environmental interests located in this zip code:

• FINLANDIA, LLC (500 AIRBASE RD in FINLAND, MN) . Federal Facility. UNDETERMINED OR UNKNOWN AGENCY AFFILIATION

  (Integrated Compliance Information System) - ICIS-05-1996-0194, FORMAL ENFORCEMENT ACTION
  COMPLIANCE ACTIVITY (Tracking inspections of insecticide, fungicide, and rodenticide, and toxic substances)
  

• FORMER FINLAND AIR FORCE STATION (AIR BASE RD in FINLAND, MN) . Federal Facility. U.S. AIR FORCE

  (Resource Conservation and Recovery Act (tracking hazardous waste))
  Organizations: LAKE COUNTY (CONTACT/OWNER)
  

• NELSON TRUCKING (COUNTY RD 7 in FINLAND, MN)

  Small Quantity Generators, between 100 kg and 1000 kg of hazardous waste/month (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
  Organizations: NELSON CLAIR (CONTACT/OWNER)
  

• FINLAND MOBILE (HWY 1 in FINLAND, MN)

  Conditionally Exempt Small Quantity Generators, less than 100 kg/month of hazardous waste (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
  Organizations: JOHNSON BARRY (CONTACT/OWNER)
  

• FORMER HART GRAVEL PIT (6345 LAX LAKE RD in FINLAND, MN)

  Conditionally Exempt Small Quantity Generators, less than 100 kg/month of hazardous waste (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
  Organizations: HART SIDNEY (CONTACT/OWNER)
  

• FINLANDIA LLC (PO BOX 531 in FINLANDIA, MN)

  COMPLIANCE ACTIVITY (Tracking inspections of insecticide, fungicide, and rodenticide, and toxic substances)
  

Housing units lacking complete plumbing facilities: 29.7%
Housing units lacking complete kitchen facilities: 28.0%

Population in 1990: 565. Population change in the 1990s: +38 (+6.7%).

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

• This state: 303
• Northeast: 5
• Midwest: 42
• South: 10
• West: 27

71% of the 55603 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 22% lived in this county.
   Out of people who lived in different counties, 50% lived in Minnesota.

93% of the 55603 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 35% moved from this county.
   Out of people who lived in different houses, 31% moved from different county within same state.
   Out of people who lived in different houses, 35% moved from different state.

Private vs. public school enrollment:

Students in private schools in grades 1 to 8 (elementary and middle school): 4
Students in private undergraduate colleges:

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

• Educational Services: All Other Miscellaneous Schools and Instruction (50-99 employees: 1 establishment)
• Accommodation and Food Services: Drinking Places (Alcoholic Beverages) (20-49: 1)
• Accommodation and Food Services: Full-Service Restaurants (5-9: 2, 1-4: 1)
• Other Services (except Public Administration): Religious Organizations (1-4: 1)
• Information: Internet Service Providers (1-4: 1)
• Construction: Electrical Contractors (1-4: 1)

Most common first names in zip code 55603 among deceased individuals
Name	Count	Lived (average)
John	2	82.0 years
Arthur	2	76.5 years
Carl	2	61.5 years
Esther	2	80.5 years
Charles	2	80.0 years
Josephine	2	77.0 years
Margaret	2	68.0 years
Onni	2	73.5 years
William	2	68.0 years

Most common last names in zip code 55603 among deceased individuals
Last name	Count	Lived (average)
Ahlbeck	6	73.2 years
Tikkanen	4	61.5 years
Dillehay	3	68.0 years
Fox	3	76.4 years
Nikula	3	69.3 years
Aho	2	68.0 years
Aldinger	2	28.0 years
Czaplicki	2	67.5 years
Fenstad	2	85.5 years
Gregg	2	73.5 years