| ZIP Code | 55381 |
|---|---|
| City | Silver Lake |
| State | Minnesota (MN) |
| County | McLeod County |
| Area Code | 320 |
| Elevation | 1,031 ft |
| Latitude | 44.930963 |
|---|---|
| Longitude | -94.199979 |
| Timezone | Chicago (DST) |
| FIPS | 27085 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.0 yrs ↑ 8% since 2019 |
|---|---|
| Avg Household Size | 2.51 |
| Below Poverty | 4.1% ▼ 60% below avg |
| College Grads | 28.9% ▼ 25% below avg |
| Unemployment | 5.7% ▲ 16% above avg |
| No HS Diploma | 4 (0.3%) |
| HS Graduate | 635 (47%) |
| Some College | 176 (13%) |
| Associates | 145 (10.7%) |
| Bachelors | 202 (15%) |
| Graduate Degree | 188 (13.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $87,011 ▲ 14% above avg ↑ 21% since 2019 |
|---|---|
| Median Home Value | $233,400 ▼ 16% below avg ↑ 35% since 2019 |
| Home/Income Ratio | 2.7x (nat avg ~3.5x) |
| Median Rent | $775/mo ↑ 44% since 2019 |
| Total Units | 871 |
| Vacant Units | 86 |
| Avg HH Size | 2.51 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 871 |
|---|---|
| Vacant | 86 |
| Owner Occupied | 88.0% |
| Renter Occupied | 12.0% |
| Avg HH Size | 2.51 |
ZIP code 55381 is located in Silver Lake, Minnesota, within McLeod County. With a population of 2,001, this is a sparsely populated ZIP code with a mature community — the median age is 45 years. Economically, 55381 is a middle-income ZIP code: the median household income of $87,011 is near the national average.
Real estate in ZIP code 55381 represents an affordable housing market. The median home value of $233,400 is below the national average. Renters can expect to pay around $775 per month in median rent. Homeownership is strong here — 88.0% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 35% since 2019.
The population of 55381 is primarily White (92.30%). Residents are moderately educated — 28.9% hold a bachelor's degree or higher, which is below the national average. Poverty affects a relatively small share of residents at 4.1%. Household income has grown by 21% since 2019.
The unemployment rate in 55381 stands at 5.7%, which is above the national average. As in most parts of the country, driving alone is the dominant commute mode at 83%.
Overall, ZIP code 55381 in Silver Lake, MN is characterized as middle-income, moderately educated, a mature community, and predominantly owner-occupied. With 2,001 residents, a median household income of $87,011, and a median home value of $233,400, it offers a clear picture of life in this part of Minnesota.