| ZIP Code | 55016 |
|---|---|
| City | Cottage Grove |
| State | Minnesota (MN) |
| County | Washington County |
| Area Code | 651 |
| Elevation | 808 ft |
| Latitude | 44.816735 |
|---|---|
| Longitude | -92.93373 |
| Timezone | Chicago (DST) |
| FIPS | 27163 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 36.8 yrs |
|---|---|
| Avg Household Size | 2.89 |
| Below Poverty | 4.2% ▼ 58% below avg |
| College Grads | 51.8% ▲ 34% above avg |
| Unemployment | 3.5% ▼ 28% below avg |
| No HS Diploma | 467 (1.8%) |
| HS Graduate | 5,785 (22.5%) |
| Some College | 2,734 (10.6%) |
| Associates | 3,395 (13.2%) |
| Bachelors | 3,270 (12.7%) |
| Graduate Degree | 10,048 (39.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $121,295 ▲ 59% above avg ↑ 20% since 2019 |
|---|---|
| Median Home Value | $358,800 ▲ 29% above avg ↑ 44% since 2019 |
| Home/Income Ratio | 3.0x (nat avg ~3.5x) |
| Median Rent | $1,653/mo ↑ 24% since 2019 |
| Total Units | 13,953 |
| Vacant Units | 160 |
| Avg HH Size | 2.89 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 13,953 |
|---|---|
| Vacant | 160 |
| Owner Occupied | 88.4% |
| Renter Occupied | 11.6% |
| Avg HH Size | 2.89 |
ZIP code 55016 is located in Cottage Grove, Minnesota, within Washington County. With a population of 39,925, this is a highly populated ZIP code with a relatively young community — the median age is 36.8 years. Economically, 55016 is a upper-middle-income ZIP code: the median household income of $121,295 is significantly above the national average.
Real estate in ZIP code 55016 represents a mid-range housing market. The median home value of $358,800 is above the national average. Renters can expect to pay around $1,653 per month in median rent. Homeownership is strong here — 88.4% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 44% since 2019.
The population of 55016 is primarily White (75.99%). Residents are well-educated — 51.8% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 4.2%. Household income has grown by 20% since 2019.
The unemployment rate in 55016 stands at 3.5%, which is below the national average. About 19% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 71%.
Overall, ZIP code 55016 in Cottage Grove, MN is characterized as upper-middle-income, well-educated, a relatively young community, and predominantly owner-occupied. With 39,925 residents, a median household income of $121,295, and a median home value of $358,800, it offers a clear picture of life in this part of Minnesota.