| ZIP Code | 55357 |
|---|---|
| City | Loretto |
| State | Minnesota (MN) |
| County | Hennepin County |
| Area Code | 763 |
| Elevation | 1,037 ft |
| Latitude | 45.103722 |
|---|---|
| Longitude | -93.674218 |
| Timezone | Chicago (DST) |
| FIPS | 27053 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.1 yrs ↑ 2% since 2019 |
|---|---|
| Avg Household Size | 2.96 |
| Below Poverty | 7.5% ▼ 25% below avg |
| College Grads | 59.2% ▲ 53% above avg |
| Unemployment | 0.5% ▼ 89% below avg |
| HS Graduate | 428 (17.5%) |
| Some College | 186 (7.6%) |
| Associates | 386 (15.8%) |
| Bachelors | 223 (9.1%) |
| Graduate Degree | 1,225 (50%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $147,256 ▲ 93% above avg ↑ 34% since 2019 |
|---|---|
| Median Home Value | $491,200 ▲ 76% above avg ↑ 24% since 2019 |
| Home/Income Ratio | 3.3x (nat avg ~3.5x) |
| Median Rent | $1,146/mo ↑ 73% since 2019 |
| Total Units | 1,284 |
| Vacant Units | 32 |
| Avg HH Size | 2.96 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,284 |
|---|---|
| Vacant | 32 |
| Owner Occupied | 91.1% |
| Renter Occupied | 9.0% |
| Avg HH Size | 2.96 |
ZIP code 55357 is located in Loretto, Minnesota, within Hennepin County. With a population of 3,704, this is a sparsely populated ZIP code with a middle-aged community — the median age is 44.1 years. Economically, 55357 is a upper-middle-income ZIP code: the median household income of $147,256 is significantly above the national average.
Real estate in ZIP code 55357 represents a premium housing market. The median home value of $491,200 is significantly above the national average. Renters can expect to pay around $1,146 per month in median rent. Homeownership is strong here — 91.1% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 24% since 2019.
The population of 55357 is primarily White (92.71%). Residents are well-educated — 59.2% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 7.5%. Household income has grown by 34% since 2019.
The unemployment rate in 55357 stands at 0.5%, which is well below the national average. About 17% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 76%.
Overall, ZIP code 55357 in Loretto, MN is characterized as upper-middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 3,704 residents, a median household income of $147,256, and a median home value of $491,200, it offers a clear picture of life in this part of Minnesota.