| ZIP Code | 55043 |
|---|---|
| City | Lakeland |
| State | Minnesota (MN) |
| County | Washington County |
| Area Code | 651 |
| Elevation | 674 ft |
| Latitude | 44.940575 |
|---|---|
| Longitude | -92.768851 |
| Timezone | Chicago (DST) |
| FIPS | 27163 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 50.7 yrs ↑ 11% since 2019 |
|---|---|
| Avg Household Size | 2.33 |
| Below Poverty | 7.1% ▼ 29% below avg |
| College Grads | 56.2% ▲ 45% above avg |
| Unemployment | 2.4% ▼ 51% below avg |
| No HS Diploma | 3 (0.1%) |
| HS Graduate | 481 (19.2%) |
| Some College | 226 (9%) |
| Associates | 386 (15.4%) |
| Bachelors | 273 (10.9%) |
| Graduate Degree | 1,134 (45.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $101,754 ▲ 33% above avg ↑ 18% since 2019 |
|---|---|
| Median Home Value | $360,600 ▲ 29% above avg ↑ 40% since 2019 |
| Home/Income Ratio | 3.5x (nat avg ~3.5x) |
| Median Rent | $1,617/mo ↑ 45% since 2019 |
| Total Units | 1,589 |
| Vacant Units | 99 |
| Avg HH Size | 2.33 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,589 |
|---|---|
| Vacant | 99 |
| Owner Occupied | 89.7% |
| Renter Occupied | 10.3% |
| Avg HH Size | 2.33 |
ZIP code 55043 is located in Lakeland, Minnesota, within Washington County. With a population of 3,471, this is a sparsely populated ZIP code with a mature community — the median age is 50.7 years. Economically, 55043 is a upper-middle-income ZIP code: the median household income of $101,754 is above the national average.
Real estate in ZIP code 55043 represents a mid-range housing market. The median home value of $360,600 is above the national average. Renters can expect to pay around $1,617 per month in median rent. Homeownership is strong here — 89.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 40% since 2019.
The population of 55043 is primarily White (91.24%). Residents are well-educated — 56.2% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 7.1%. Household income has grown by 18% since 2019.
The unemployment rate in 55043 stands at 2.4%, which is well below the national average. About 15% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 76%.
Overall, ZIP code 55043 in Lakeland, MN is characterized as upper-middle-income, well-educated, a mature community, and predominantly owner-occupied. With 3,471 residents, a median household income of $101,754, and a median home value of $360,600, it offers a clear picture of life in this part of Minnesota.