55703 Zip Code (MN) Detailed Profile

Estimated zip code population in 2017: 694
Zip code population in 2010: 701
Zip code population in 2000: 768

Houses and condos: 490
Renter-occupied apartments: 35
March 2019 cost of living index in zip code 55703: 86.9 (less than average, U.S. average is 100)

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

Population density: 5 people per square mile

(very low).

Real estate property taxes paid for housing units in 2017:
Median real estate property taxes paid for housing units with mortgages in 2017: $1,027 (0.6%)
Median real estate property taxes paid for housing units with no mortgage in 2017: $1,024 (0.7%)

For population 25 years and over in 55703:

• High school or higher: 95.4%
• Bachelor's degree or higher: 18.2%
• Graduate or professional degree: 6.1%
• Unemployed: 1.9%
• Mean travel time to work (commute): 29.4 minutes

For population 15 years and over in 55703:

• Never married: 17.4%
• Now married: 52.7%
• Separated: 3.6%
• Widowed: 8.7%
• Divorced: 17.6%

• 
• • 66286.2%White
  • 192.5%Two or more races
  • 152.0%American Indian
  • 20.3%Black
  • 20.3%Hispanic or Latino
  • 10.1%Asian

100% rural population.

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: $1,363 (reported on 24.2% of returns)

Here:	$1,363
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: 10
Household did not receive Food Stamps/SNAP in the past 12 months: 330

Women who had a birth in the past 12 months: 4 (2 now married, 1 unmarried)
Women who did not have a birth in the past 12 months: 121 (54 now married, 67 unmarried)

Housing units in zip code 55703 with a mortgage: 142 (6 second mortgage, 2 home equity loan)
Houses without a mortgage: 161

Median monthly owner costs for units with a mortgage: $1,253
Median monthly owner costs for units without a mortgage: $417

Residents with income below the poverty level in 2017:
Residents with income below 50% of the poverty level in 2017:

• Zip code 55703 household income distribution in 2017

• 14Less than $10,000
• 20$10,000 to $14,999
• 15$15,000 to $19,999
• 25$20,000 to $24,999
• 27$25,000 to $29,999
• 22$30,000 to $34,999
• 22$35,000 to $39,999
• 12$40,000 to $44,999
• 10$45,000 to $49,999
• 28$50,000 to $59,999
• 35$60,000 to $74,999
• 32$75,000 to $99,999
• 25$100,000 to $124,999
• 15$125,000 to $149,999
• 13$150,000 to $199,999
• 11$200,000 or more

• Estimate of home value of owner-occupied houses/condos in 2017 in zip code 55703

• 1$20,000 to $24,999
• 1$35,000 to $39,999
• 3$40,000 to $49,999
• 6$50,000 to $59,999
• 29$70,000 to $79,999
• 31$80,000 to $89,999
• 6$90,000 to $99,999
• 24$100,000 to $124,999
• 35$125,000 to $149,999
• 57$150,000 to $174,999
• 19$175,000 to $199,999
• 36$200,000 to $249,999
• 13$250,000 to $299,999
• 14$300,000 to $399,999
• 1$400,000 to $499,999

• Rent paid by renters in 2017 in zip code 55703

• 7$300 to $349
• 6$350 to $399
• 2$500 to $549
• 1$550 to $599
• 1$800 to $899
• 11No cash rent

Median gross rent in 2017: $564.

Estimated median house (or condo) value in 2017 for:

• White Non-Hispanic householders: $135,852
• Some other race householders: $243,969
• Hispanic or Latino householders: $243,969

Estimated median house or condo value in 2017: $162,047 Lower value quartile - upper value quartile: $97,438 - $200,030

Mean price in 2017:

Detached houses: $162,176

Here:	$162,176
State:	$276,132

Mobile homes: $117,879

Here:	$117,879
State:	$67,892

Housing units in structures:

• One, detached: 423
• Two: 1
• Mobile homes: 62

Unemployment: 1.9%

• Means of transportation to work in zip code 55703

• 78.5%223Drove a car alone
• 10.6%30Carpooled
• 0.4%1Bus or trolley bus
• 0.7%2Other means
• 9.9%28Worked at home

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

• 3Less than 5 minutes
• 115 to 9 minutes
• 4610 to 14 minutes
• 1715 to 19 minutes
• 1720 to 24 minutes
• 2325 to 29 minutes
• 5530 to 34 minutes
• 1335 to 39 minutes
• 2440 to 44 minutes
• 3045 to 59 minutes
• 960 to 89 minutes
• 590 or more minutes

Percentage of zip code residents living and working in this county: 89.8%

Household type by relationship:

Households: 691

• In family households: 496 (123 male householders, 54 female householders)

  144 spouses, 133 children (115 natural, 5 adopted, 15 stepchildren), 7 grandchildren, 2 brothers or sisters, 3 parents, 0 other relatives, 19 non-relatives

• In nonfamily households: 196 (113 male householders (102 living alone)), 48 female householders (39 living alone)), 34 nonrelatives
• In group quarters: 2 (0 institutionalized population)

Size of family households: 102 2-persons, 43 3-persons, 19 4-persons, 3 5-persons, 5 6-persons, 3 7-or-more-persons

Size of nonfamily households: 141 1-person, 18 2-persons, 1 6-persons

80 married couples with children.
27 single-parent households (25 men, 2 women).

97.8% of residents of 55703 zip code speak English at home.
0.4% of residents speak Spanish at home (100% very well).
0.9% of residents speak other Indo-European language at home (100% very well).
0.4% of residents speak Asian or Pacific Island language at home (100% well).
0.3% of residents speak other language at home (100% very 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: 17.1%
Housing units lacking complete kitchen facilities: 13.6%

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

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

• This state: 540
• Northeast: 13
• Midwest: 84
• South: 11
• 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.

92% of the 55703 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 98% moved from this county.

Private vs. public school enrollment:

Students in private schools in grades 1 to 8 (elementary and middle school): 4
Students in private schools in grades 9 to 12 (high school): 4 Students in private undergraduate colleges: 2

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