| ZIP Code | 55362 |
|---|---|
| City | Monticello |
| State | Minnesota (MN) |
| County | Wright County |
| Area Code | 763 |
| Elevation | 906 ft |
| Latitude | 45.300334 |
|---|---|
| Longitude | -93.847481 |
| Timezone | Chicago (DST) |
| FIPS | 27171 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 35.1 yrs |
|---|---|
| Avg Household Size | 2.70 |
| Below Poverty | 6.8% ▼ 32% below avg |
| College Grads | 39.9% ≈ Avg |
| Unemployment | 2.0% ▼ 60% below avg |
| No HS Diploma | 32 (0.3%) |
| HS Graduate | 4,188 (35%) |
| Some College | 1,065 (8.9%) |
| Associates | 1,905 (15.9%) |
| Bachelors | 1,646 (13.8%) |
| Graduate Degree | 3,129 (26.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $92,870 ▲ 22% above avg ↑ 22% since 2019 |
|---|---|
| Median Home Value | $324,400 ▲ 16% above avg ↑ 45% since 2019 |
| Home/Income Ratio | 3.5x (nat avg ~3.5x) |
| Median Rent | $1,458/mo ↑ 42% since 2019 |
| Total Units | 7,589 |
| Vacant Units | 175 |
| Avg HH Size | 2.70 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 7,589 |
|---|---|
| Vacant | 175 |
| Owner Occupied | 73.7% |
| Renter Occupied | 26.3% |
| Avg HH Size | 2.70 |
ZIP code 55362 is located in Monticello, Minnesota, within Wright County. With a population of 20,125, this is a moderately populated ZIP code with a relatively young community — the median age is 35.1 years. Economically, 55362 is a middle-income ZIP code: the median household income of $92,870 is above the national average.
Real estate in ZIP code 55362 represents a mid-range housing market. The median home value of $324,400 is above the national average. Renters can expect to pay around $1,458 per month in median rent. Homeownership is strong here — 73.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 45% since 2019.
The population of 55362 is primarily White (86.12%). Residents are moderately educated — 39.9% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 6.8%. Household income has grown by 22% since 2019.
The unemployment rate in 55362 stands at 2.0%, 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 77%.
Overall, ZIP code 55362 in Monticello, MN is characterized as middle-income, moderately educated, a relatively young community, and predominantly owner-occupied. With 20,125 residents, a median household income of $92,870, and a median home value of $324,400, it offers a clear picture of life in this part of Minnesota.