| ZIP Code | 55721 |
|---|---|
| City | Cohasset |
| State | Minnesota (MN) |
| County | Itasca County |
| Area Code | 218 |
| Elevation | 1,268 ft |
| Latitude | 47.22127 |
|---|---|
| Longitude | -93.683167 |
| Timezone | Chicago (DST) |
| FIPS | 27061 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.3 yrs ↓ 10% since 2019 |
|---|---|
| Avg Household Size | 2.72 |
| Below Poverty | 8.9% ▼ 11% below avg |
| College Grads | 40.4% ≈ Avg |
| Unemployment | 15.2% ▲ 210% above avg |
| No HS Diploma | 8 (0.3%) |
| HS Graduate | 795 (31%) |
| Some College | 259 (10.1%) |
| Associates | 467 (18.2%) |
| Bachelors | 235 (9.2%) |
| Graduate Degree | 802 (31.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $82,750 ▲ 8% above avg ↑ 26% since 2019 |
|---|---|
| Median Home Value | $267,100 ≈ Avg ↑ 28% since 2019 |
| Home/Income Ratio | 3.2x (nat avg ~3.5x) |
| Median Rent | $682/mo ↓ 17% since 2019 |
| Total Units | 1,924 |
| Vacant Units | 523 |
| Avg HH Size | 2.72 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,924 |
|---|---|
| Vacant | 523 |
| Owner Occupied | 89.2% |
| Renter Occupied | 10.8% |
| Avg HH Size | 2.72 |
ZIP code 55721 is located in Cohasset, Minnesota, within Itasca County. With a population of 3,840, this is a sparsely populated ZIP code with a middle-aged community — the median age is 40.3 years. Economically, 55721 is a middle-income ZIP code: the median household income of $82,750 is near the national average.
Real estate in ZIP code 55721 represents a mid-range housing market. The median home value of $267,100 is near the national average. Renters can expect to pay around $682 per month in median rent. Homeownership is strong here — 89.2% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 28% since 2019.
The population of 55721 is primarily White (87.27%). Residents are well-educated — 40.4% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 8.9%. Household income has grown by 26% since 2019.
The unemployment rate in 55721 stands at 15.2%, which is more than double the national average. As in most parts of the country, driving alone is the dominant commute mode at 78%.
Overall, ZIP code 55721 in Cohasset, MN is characterized as middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 3,840 residents, a median household income of $82,750, and a median home value of $267,100, it offers a clear picture of life in this part of Minnesota.