| ZIP Code | 55371 |
|---|---|
| City | Princeton |
| State | Minnesota (MN) |
| County | Mille Lacs County |
| Area Code | 763 |
| Elevation | 981 ft |
| Latitude | 45.575584 |
|---|---|
| Longitude | -93.589164 |
| Timezone | Chicago (DST) |
| FIPS | 27095 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.0 yrs ↑ 6% since 2019 |
|---|---|
| Avg Household Size | 2.67 |
| Below Poverty | 6.4% ▼ 36% below avg |
| College Grads | 34.5% ▼ 11% below avg |
| Unemployment | 2.6% ▼ 46% below avg |
| No HS Diploma | 30 (0.3%) |
| HS Graduate | 3,867 (33.5%) |
| Some College | 1,650 (14.3%) |
| Associates | 2,021 (17.5%) |
| Bachelors | 1,783 (15.4%) |
| Graduate Degree | 2,200 (19%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $89,674 ▲ 18% above avg ↑ 25% since 2019 |
|---|---|
| Median Home Value | $299,100 ≈ Avg ↑ 58% since 2019 |
| Home/Income Ratio | 3.3x (nat avg ~3.5x) |
| Median Rent | $946/mo ↑ 24% since 2019 |
| Total Units | 6,838 |
| Vacant Units | 385 |
| Avg HH Size | 2.67 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 6,838 |
|---|---|
| Vacant | 385 |
| Owner Occupied | 82.8% |
| Renter Occupied | 17.3% |
| Avg HH Size | 2.67 |
ZIP code 55371 is located in Princeton, Minnesota, within Mille Lacs County. With a population of 17,376, this is a moderately populated ZIP code with a middle-aged community — the median age is 40 years. Economically, 55371 is a middle-income ZIP code: the median household income of $89,674 is above the national average.
Real estate in ZIP code 55371 represents a mid-range housing market. The median home value of $299,100 is near the national average. Renters can expect to pay around $946 per month in median rent. Homeownership is strong here — 82.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 58% since 2019.
The population of 55371 is primarily White (91.60%). Residents are moderately educated — 34.5% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 6.4%. Household income has grown by 25% since 2019.
The unemployment rate in 55371 stands at 2.6%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 77%.
Overall, ZIP code 55371 in Princeton, MN is characterized as middle-income, moderately educated, a middle-aged community, and predominantly owner-occupied. With 17,376 residents, a median household income of $89,674, and a median home value of $299,100, it offers a clear picture of life in this part of Minnesota.