| ZIP Code | 55920 |
|---|---|
| City | Byron |
| State | Minnesota (MN) |
| County | Olmsted County |
| Area Code | 507/924 |
| Elevation | 1,148 ft |
| Latitude | 44.012439 |
|---|---|
| Longitude | -92.621127 |
| Timezone | Chicago (DST) |
| FIPS | 27109 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.4 yrs ↑ 4% since 2019 |
|---|---|
| Avg Household Size | 2.71 |
| Below Poverty | 5.3% ▼ 47% below avg |
| College Grads | 60.6% ▲ 56% above avg |
| Unemployment | 3.9% ▼ 20% below avg |
| No HS Diploma | 1 (0%) |
| HS Graduate | 1,106 (20.1%) |
| Some College | 337 (6.1%) |
| Associates | 721 (13.1%) |
| Bachelors | 729 (13.3%) |
| Graduate Degree | 2,599 (47.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $126,102 ▲ 65% above avg ↑ 33% since 2019 |
|---|---|
| Median Home Value | $356,900 ▲ 28% above avg ↑ 48% since 2019 |
| Home/Income Ratio | 2.8x (nat avg ~3.5x) |
| Median Rent | $1,085/mo ↑ 12% since 2019 |
| Total Units | 3,294 |
| Vacant Units | 70 |
| Avg HH Size | 2.71 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 3,294 |
|---|---|
| Vacant | 70 |
| Owner Occupied | 83.8% |
| Renter Occupied | 16.2% |
| Avg HH Size | 2.71 |
ZIP code 55920 is located in Byron, Minnesota, within Olmsted County. With a population of 8,747, this is a lightly populated ZIP code with a middle-aged community — the median age is 39.4 years. Economically, 55920 is a upper-middle-income ZIP code: the median household income of $126,102 is significantly above the national average.
Real estate in ZIP code 55920 represents a mid-range housing market. The median home value of $356,900 is above the national average. Renters can expect to pay around $1,085 per month in median rent. Homeownership is strong here — 83.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 48% since 2019.
The population of 55920 is primarily White (90.04%). Residents are highly educated — 60.6% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 5.3%. Household income has grown by 33% since 2019.
The unemployment rate in 55920 stands at 3.9%, which is below the national average. About 19% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 70%.
Overall, ZIP code 55920 in Byron, MN is characterized as upper-middle-income, highly educated, a middle-aged community, and predominantly owner-occupied. With 8,747 residents, a median household income of $126,102, and a median home value of $356,900, it offers a clear picture of life in this part of Minnesota.