| ZIP Code | 55768 |
|---|---|
| City | Mountain Iron |
| State | Minnesota (MN) |
| County | St. Louis County |
| Area Code | 218 |
| Elevation | 1,456 ft |
| Latitude | 47.537842 |
|---|---|
| Longitude | -92.660603 |
| Timezone | Chicago (DST) |
| FIPS | 27137 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 49.7 yrs |
|---|---|
| Avg Household Size | 2.25 |
| Below Poverty | 8.0% ▼ 21% below avg |
| College Grads | 41.5% ≈ Avg |
| Unemployment | 4.3% ▼ 12% below avg |
| No HS Diploma | 2 (0.1%) |
| HS Graduate | 538 (26.3%) |
| Some College | 333 (16.3%) |
| Associates | 324 (15.8%) |
| Bachelors | 306 (15%) |
| Graduate Degree | 542 (26.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $82,261 ▲ 8% above avg ↑ 66% since 2019 |
|---|---|
| Median Home Value | $190,300 ▼ 32% below avg ↑ 23% since 2019 |
| Home/Income Ratio | 2.3x (nat avg ~3.5x) |
| Median Rent | $894/mo ↑ 77% since 2019 |
| Total Units | 1,344 |
| Vacant Units | 113 |
| Avg HH Size | 2.25 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,344 |
|---|---|
| Vacant | 113 |
| Owner Occupied | 77.7% |
| Renter Occupied | 22.3% |
| Avg HH Size | 2.25 |
ZIP code 55768 is located in Mountain Iron, Minnesota, within St. Louis County. With a population of 2,791, this is a sparsely populated ZIP code with a mature community — the median age is 49.7 years. Economically, 55768 is a middle-income ZIP code: the median household income of $82,261 is near the national average.
Real estate in ZIP code 55768 represents an affordable housing market. The median home value of $190,300 is below the national average. Renters can expect to pay around $894 per month in median rent. Homeownership is strong here — 77.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 23% since 2019.
The population of 55768 is primarily White (94.98%). Residents are well-educated — 41.5% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 8.0%. Household income has grown by 66% since 2019.
The unemployment rate in 55768 stands at 4.3%, which is near the national average. As in most parts of the country, driving alone is the dominant commute mode at 72%.
Overall, ZIP code 55768 in Mountain Iron, MN is characterized as middle-income, well-educated, a mature community, and predominantly owner-occupied. With 2,791 residents, a median household income of $82,261, and a median home value of $190,300, it offers a clear picture of life in this part of Minnesota.