| ZIP Code | 55368 |
|---|---|
| City | Norwood Young America |
| State | Minnesota (MN) |
| County | Carver County |
| Area Code | 952 |
| Elevation | 990 ft |
| Latitude | 44.740063 |
|---|---|
| Longitude | -93.899747 |
| Timezone | Chicago (DST) |
| FIPS | 27019 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.7 yrs ↑ 8% since 2019 |
|---|---|
| Avg Household Size | 2.47 |
| Below Poverty | 9.6% ≈ Avg |
| College Grads | 36.4% ≈ Avg |
| Unemployment | 1.4% ▼ 72% below avg |
| No HS Diploma | 3 (0.2%) |
| HS Graduate | 479 (35.9%) |
| Some College | 214 (16%) |
| Associates | 154 (11.5%) |
| Bachelors | 200 (15%) |
| Graduate Degree | 286 (21.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $76,719 ≈ Avg ↑ 5% since 2019 |
|---|---|
| Median Home Value | $289,400 ≈ Avg ↑ 39% since 2019 |
| Home/Income Ratio | 3.8x (nat avg ~3.5x) |
| Median Rent | $1,013/mo ↑ 32% since 2019 |
| Total Units | 765 |
| Vacant Units | 20 |
| Avg HH Size | 2.47 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 765 |
|---|---|
| Vacant | 20 |
| Owner Occupied | 73.3% |
| Renter Occupied | 26.7% |
| Avg HH Size | 2.47 |
ZIP code 55368 is located in Norwood Young America, Minnesota, within Carver County. With a population of 1,856, this is a sparsely populated ZIP code with a middle-aged community — the median age is 44.7 years. Economically, 55368 is a middle-income ZIP code: the median household income of $76,719 is near the national average.
Real estate in ZIP code 55368 represents a mid-range housing market. The median home value of $289,400 is near the national average. Renters can expect to pay around $1,013 per month in median rent. Homeownership is strong here — 73.3% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 39% since 2019.
The population of 55368 is primarily White (95.85%). Residents are moderately educated — 36.4% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 9.6%. Household income has grown by 5% since 2019.
The unemployment rate in 55368 stands at 1.4%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 80%.
Overall, ZIP code 55368 in Norwood Young America, MN is characterized as middle-income, moderately educated, a middle-aged community, and predominantly owner-occupied. With 1,856 residents, a median household income of $76,719, and a median home value of $289,400, it offers a clear picture of life in this part of Minnesota.