| ZIP Code | 55087 |
|---|---|
| City | Warsaw |
| State | Minnesota (MN) |
| County | Rice County |
| Area Code | 507/924 |
| Elevation | 1,074 ft |
| Latitude | 44.236212 |
|---|---|
| Longitude | -93.409214 |
| Timezone | Chicago (DST) |
| FIPS | 27131 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 50.5 yrs ↑ 46% since 2019 |
|---|---|
| Avg Household Size | 2.47 |
| Below Poverty | 3.1% ▼ 69% below avg |
| College Grads | 34.7% ▼ 10% below avg |
| Unemployment | 6.0% ▲ 23% above avg |
| HS Graduate | 138 (44.4%) |
| Some College | 22 (7.1%) |
| Associates | 43 (13.8%) |
| Bachelors | 23 (7.4%) |
| Graduate Degree | 85 (27.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $126,364 ▲ 66% above avg ↑ 46% since 2019 |
|---|---|
| Median Home Value | $233,800 ▼ 16% below avg ↑ 57% since 2019 |
| Home/Income Ratio | 1.9x (nat avg ~3.5x) |
| Median Rent | $617/mo |
| Total Units | 189 |
| Vacant Units | 19 |
| Avg HH Size | 2.47 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 189 |
|---|---|
| Vacant | 19 |
| Owner Occupied | 95.3% |
| Renter Occupied | 4.7% |
| Avg HH Size | 2.47 |
ZIP code 55087 is located in Warsaw, Minnesota, within Rice County. With a population of 425, this is a sparsely populated ZIP code with a mature community — the median age is 50.5 years. Economically, 55087 is a upper-middle-income ZIP code: the median household income of $126,364 is significantly above the national average.
Real estate in ZIP code 55087 represents an affordable housing market. The median home value of $233,800 is below the national average. Renters can expect to pay around $617 per month in median rent. Homeownership is strong here — 95.3% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 57% since 2019.
The population of 55087 is primarily White (84.71%). Residents are moderately educated — 34.7% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 3.1%. Household income has grown by 46% since 2019.
The unemployment rate in 55087 stands at 6.0%, which is above the national average. As in most parts of the country, driving alone is the dominant commute mode at 95%.
Overall, ZIP code 55087 in Warsaw, MN is characterized as upper-middle-income, moderately educated, a mature community, and predominantly owner-occupied. With 425 residents, a median household income of $126,364, and a median home value of $233,800, it offers a clear picture of life in this part of Minnesota.