| ZIP Code | 55053 |
|---|---|
| City | Nerstrand |
| State | Minnesota (MN) |
| County | Rice County |
| Area Code | 507/924 |
| Elevation | 1,126 ft |
| Latitude | 44.349416 |
|---|---|
| Longitude | -93.065445 |
| Timezone | Chicago (DST) |
| FIPS | 27131 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.3 yrs ↓ 7% since 2019 |
|---|---|
| Avg Household Size | 2.93 |
| Below Poverty | 5.1% ▼ 49% below avg |
| College Grads | 44.0% ▲ 13% above avg |
| Unemployment | 1.5% ▼ 70% below avg |
| No HS Diploma | 9 (1.4%) |
| HS Graduate | 214 (33.6%) |
| Some College | 73 (11.5%) |
| Associates | 61 (9.6%) |
| Bachelors | 88 (13.8%) |
| Graduate Degree | 192 (30.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $107,188 ▲ 40% above avg ↑ 24% since 2019 |
|---|---|
| Median Home Value | $338,100 ▲ 21% above avg ↑ 52% since 2019 |
| Home/Income Ratio | 3.2x (nat avg ~3.5x) |
| Median Rent | $1,275/mo ↑ 7% since 2019 |
| Total Units | 358 |
| Vacant Units | 19 |
| Avg HH Size | 2.93 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 358 |
|---|---|
| Vacant | 19 |
| Owner Occupied | 94.7% |
| Renter Occupied | 5.3% |
| Avg HH Size | 2.93 |
ZIP code 55053 is located in Nerstrand, Minnesota, within Rice County. With a population of 995, this is a sparsely populated ZIP code with a middle-aged community — the median age is 39.3 years. Economically, 55053 is a upper-middle-income ZIP code: the median household income of $107,188 is above the national average.
Real estate in ZIP code 55053 represents a mid-range housing market. The median home value of $338,100 is above the national average. Renters can expect to pay around $1,275 per month in median rent. Homeownership is strong here — 94.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 52% since 2019.
The population of 55053 is primarily White (89.75%). Residents are well-educated — 44.0% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 5.1%. Household income has grown by 24% since 2019.
The unemployment rate in 55053 stands at 1.5%, which is well below the national average. About 23% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 65%.
Overall, ZIP code 55053 in Nerstrand, MN is characterized as upper-middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 995 residents, a median household income of $107,188, and a median home value of $338,100, it offers a clear picture of life in this part of Minnesota.