| ZIP Code | 55089 |
|---|---|
| City | Welch |
| State | Minnesota (MN) |
| County | Goodhue County |
| Area Code | 651 |
| Elevation | 1,029 ft |
| Latitude | 44.59325 |
|---|---|
| Longitude | -92.709064 |
| Timezone | Chicago (DST) |
| FIPS | 27049 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.0 yrs |
|---|---|
| Avg Household Size | 2.77 |
| Below Poverty | 11.5% ▲ 15% above avg |
| College Grads | 45.0% ▲ 16% above avg |
| Unemployment | 1.8% ▼ 63% below avg |
| No HS Diploma | 15 (1.3%) |
| HS Graduate | 352 (30.9%) |
| Some College | 118 (10.4%) |
| Associates | 141 (12.4%) |
| Bachelors | 155 (13.6%) |
| Graduate Degree | 358 (31.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $105,938 ▲ 39% above avg ↑ 20% since 2019 |
|---|---|
| Median Home Value | $373,200 ▲ 34% above avg ↑ 27% since 2019 |
| Home/Income Ratio | 3.5x (nat avg ~3.5x) |
| Median Rent | $1,025/mo ↑ 19% since 2019 |
| Total Units | 685 |
| Vacant Units | 53 |
| Avg HH Size | 2.77 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 685 |
|---|---|
| Vacant | 53 |
| Owner Occupied | 91.9% |
| Renter Occupied | 8.1% |
| Avg HH Size | 2.77 |
ZIP code 55089 is located in Welch, Minnesota, within Goodhue County. With a population of 1,760, this is a sparsely populated ZIP code with a mature community — the median age is 45 years. Economically, 55089 is a upper-middle-income ZIP code: the median household income of $105,938 is above the national average.
Real estate in ZIP code 55089 represents a mid-range housing market. The median home value of $373,200 is above the national average. Renters can expect to pay around $1,025 per month in median rent. Homeownership is strong here — 91.9% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 27% since 2019.
The population of 55089 is primarily White (76.19%). Residents are well-educated — 45.0% hold a bachelor's degree or higher, which is above the national average. Poverty affects some residents at 11.5%. Household income has grown by 20% since 2019.
The unemployment rate in 55089 stands at 1.8%, which is well below the national average. About 11% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 84%.
Overall, ZIP code 55089 in Welch, MN is characterized as upper-middle-income, well-educated, a mature community, and predominantly owner-occupied. With 1,760 residents, a median household income of $105,938, and a median home value of $373,200, it offers a clear picture of life in this part of Minnesota.