| ZIP Code | 55363 |
|---|---|
| City | Montrose |
| State | Minnesota (MN) |
| County | Wright County |
| Area Code | 763 |
| Elevation | 932 ft |
| Latitude | 45.03782 |
|---|---|
| Longitude | -93.91814 |
| Timezone | Chicago (DST) |
| FIPS | 27171 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 34.8 yrs ↑ 4% since 2019 |
|---|---|
| Avg Household Size | 2.89 |
| Below Poverty | 12.5% ▲ 25% above avg |
| College Grads | 39.3% ≈ Avg |
| Unemployment | 3.3% ▼ 32% below avg |
| No HS Diploma | 32 (1%) |
| HS Graduate | 1,063 (33.5%) |
| Some College | 337 (10.6%) |
| Associates | 495 (15.6%) |
| Bachelors | 445 (14%) |
| Graduate Degree | 804 (25.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $98,287 ▲ 29% above avg ↑ 32% since 2019 |
|---|---|
| Median Home Value | $273,000 ≈ Avg ↑ 41% since 2019 |
| Home/Income Ratio | 2.8x (nat avg ~3.5x) |
| Median Rent | $1,344/mo ↑ 38% since 2019 |
| Total Units | 2,075 |
| Vacant Units | 116 |
| Avg HH Size | 2.89 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 2,075 |
|---|---|
| Vacant | 116 |
| Owner Occupied | 77.6% |
| Renter Occupied | 22.4% |
| Avg HH Size | 2.89 |
ZIP code 55363 is located in Montrose, Minnesota, within Wright County. With a population of 5,664, this is a lightly populated ZIP code with a relatively young community — the median age is 34.8 years. Economically, 55363 is a middle-income ZIP code: the median household income of $98,287 is above the national average.
Real estate in ZIP code 55363 represents a mid-range housing market. The median home value of $273,000 is near the national average. Renters can expect to pay around $1,344 per month in median rent. Homeownership is strong here — 77.6% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 41% since 2019.
The population of 55363 is primarily White (81.30%). Residents are moderately educated — 39.3% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 12.5%. Household income has grown by 32% since 2019.
The unemployment rate in 55363 stands at 3.3%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 86%.
Overall, ZIP code 55363 in Montrose, MN is characterized as middle-income, moderately educated, a relatively young community, and predominantly owner-occupied. With 5,664 residents, a median household income of $98,287, and a median home value of $273,000, it offers a clear picture of life in this part of Minnesota.