| ZIP Code | 55750 |
|---|---|
| City | Hoyt Lakes |
| State | Minnesota (MN) |
| County | St. Louis County |
| Area Code | 218 |
| Elevation | 1,580 ft |
| Latitude | 47.531432 |
|---|---|
| Longitude | -91.963808 |
| Timezone | Chicago (DST) |
| FIPS | 27137 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.3 yrs ↓ 18% since 2019 |
|---|---|
| Avg Household Size | 2.52 |
| Below Poverty | 9.9% ≈ Avg |
| College Grads | 38.9% ≈ Avg |
| Unemployment | 15.7% ▲ 221% above avg |
| HS Graduate | 378 (28.3%) |
| Some College | 229 (17.2%) |
| Associates | 209 (15.7%) |
| Bachelors | 267 (20%) |
| Graduate Degree | 252 (18.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $64,653 ▼ 15% below avg ↑ 19% since 2019 |
|---|---|
| Median Home Value | $90,800 ▼ 67% below avg ↑ 30% since 2019 |
| Home/Income Ratio | 1.4x (nat avg ~3.5x) |
| Total Units | 957 |
| Vacant Units | 132 |
| Avg HH Size | 2.52 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 957 |
|---|---|
| Vacant | 132 |
| Owner Occupied | 94.4% |
| Renter Occupied | 5.6% |
| Avg HH Size | 2.52 |
ZIP code 55750 is located in Hoyt Lakes, Minnesota, within St. Louis County. With a population of 2,078, this is a sparsely populated ZIP code with a middle-aged community — the median age is 42.3 years. Economically, 55750 is a solidly middle-class ZIP code: the median household income of $64,653 is below the national average.
Real estate in ZIP code 55750 represents one of the more affordable housing markets in the country. The median home value of $90,800 is well below the national average. Homeownership is strong here — 94.4% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 30% since 2019.
The population of 55750 is primarily White (88.31%). Residents are moderately educated — 38.9% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 9.9%. Household income has grown by 19% since 2019.
The unemployment rate in 55750 stands at 15.7%, which is more than double the national average. About 20% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 67%.
Overall, ZIP code 55750 in Hoyt Lakes, MN is characterized as solidly middle-class, moderately educated, a middle-aged community, and predominantly owner-occupied. With 2,078 residents, a median household income of $64,653, and a median home value of $90,800, it offers a clear picture of life in this part of Minnesota.