| ZIP Code | 55923 |
|---|---|
| City | Chatfield |
| State | Minnesota (MN) |
| County | Fillmore County |
| Area Code | 507/924 |
| Elevation | 1,184 ft |
| Latitude | 43.849408 |
|---|---|
| Longitude | -92.183193 |
| Timezone | Chicago (DST) |
| FIPS | 27045 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.7 yrs ↑ 4% since 2019 |
|---|---|
| Avg Household Size | 2.53 |
| Below Poverty | 5.2% ▼ 48% below avg |
| College Grads | 48.5% ▲ 25% above avg |
| Unemployment | 2.2% ▼ 55% below avg |
| No HS Diploma | 2 (0.1%) |
| HS Graduate | 782 (27.4%) |
| Some College | 271 (9.5%) |
| Associates | 414 (14.5%) |
| Bachelors | 411 (14.4%) |
| Graduate Degree | 973 (34.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $93,446 ▲ 22% above avg ↑ 20% since 2019 |
|---|---|
| Median Home Value | $251,100 ▼ 10% below avg ↑ 19% since 2019 |
| Home/Income Ratio | 2.7x (nat avg ~3.5x) |
| Median Rent | $709/mo ↓ 6% since 2019 |
| Total Units | 1,789 |
| Vacant Units | 85 |
| Avg HH Size | 2.53 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,789 |
|---|---|
| Vacant | 85 |
| Owner Occupied | 88.2% |
| Renter Occupied | 11.9% |
| Avg HH Size | 2.53 |
ZIP code 55923 is located in Chatfield, Minnesota, within Fillmore County. With a population of 4,387, this is a lightly populated ZIP code with a middle-aged community — the median age is 40.7 years. Economically, 55923 is a middle-income ZIP code: the median household income of $93,446 is above the national average.
Real estate in ZIP code 55923 represents a mid-range housing market. The median home value of $251,100 is near the national average. Renters can expect to pay around $709 per month in median rent. Homeownership is strong here — 88.2% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 19% since 2019.
The population of 55923 is primarily White (94.37%). Residents are well-educated — 48.5% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 5.2%. Household income has grown by 20% since 2019.
The unemployment rate in 55923 stands at 2.2%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 78%.
Overall, ZIP code 55923 in Chatfield, MN is characterized as middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 4,387 residents, a median household income of $93,446, and a median home value of $251,100, it offers a clear picture of life in this part of Minnesota.