US ZIP Code
55981

Wabasha, MN

Wabasha County  ·  Minnesota

● Active
👥 3,863 Population ↓ 3% since 2019
💰 $69,195 Median HH Income
▼ 9% below avg ↑ 20% since 2019
🎂 54.7 Median Age ↑ 7% since 2019
🏠 $234,300 Median Home Value
▼ 16% below avg ↑ 29% since 2019
🎓 39.7% College Grads
≈ Avg
📊 2.2% Unemployment
▼ 56% below avg ↓ 54% since 2019
ZIP Code Details
ZIP Code55981
CityWabasha
StateMinnesota (MN)
CountyWabasha County
Area Code651
Elevation1,160 ft
Latitude44.35761
Longitude-92.049231
TimezoneChicago (DST)
FIPS27157
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 50.0% (1,931) Female 50.0% (1,932) ♀

Race & Ethnicity

White: 97%Hispanic: 0.6%Black: 0%Asian: 0.2%Other: 1.2%Race
White97.0%
Hispanic0.6%
Black0.0%
Asian0.2%
Other1.2%

Age Breakdown

Under 5
2%
5–17
12%
18–24
5%
25–44
16%
45–64
31%
65+
13%

Key Indicators

Median Age54.7 yrs ↑ 7% since 2019
Avg Household Size2.03
Below Poverty7.3% ▼ 28% below avg
College Grads39.7% ≈ Avg
Unemployment2.2% ▼ 56% below avg
No HS Diploma20 (0.7%)
HS Graduate913 (31.1%)
Some College356 (12.1%)
Associates484 (16.5%)
Bachelors392 (13.3%)
Graduate Degree775 (26.4%)

Education

No HS: 0.7%HS Grad: 31.1%Some College: 12.1%Associates: 16.5%Bachelors: 13.3%Graduate: 26.4%Edu
No HS0.7%
HS Grad31.1%
Some College12.1%
Associates16.5%
Bachelors13.3%
Graduate26.4%
Housing & Income

Housing Tenure

Owner: 78.1%Renter: 21.9%Tenure
Owner78.1%
Renter21.9%

Home Value Distribution

Under $50k
4%
$50k–100k
4%
$100k–150k
17%
$150k–200k
12%
$200k–300k
28%
$300k–500k
23%
Over $500k
11%

Financials

Median HH Income$69,195 ▼ 9% below avg ↑ 20% since 2019
Median Home Value$234,300 ▼ 16% below avg ↑ 29% since 2019
Home/Income Ratio3.4x (nat avg ~3.5x)
Median Rent$773/mo ↑ 11% since 2019
Total Units2,229
Vacant Units413
Avg HH Size2.03

Income Distribution

Under $25k
13%
$25k–50k
12%
$50k–75k
23%
$75k–100k
13%
$100k–150k
22%
$150k–200k
8%
Over $200k
8%
Employment & Commute

How People Get to Work

Drove Alone
87%
Walked
2%
Work From Home
11%

Commute Time

Under 15 min
44%
15–30 min
20%
30–45 min
20%
Over 45 min
17%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
10%
1960s–1970s
11%
1980s–1990s
16%
2000+
62%

Summary

Total Units2,229
Vacant413
Owner Occupied78.1%
Renter Occupied21.9%
Avg HH Size2.03
Frequently Asked Questions
ZIP code 55981 is in Wabasha, MN, in Wabasha County.
ZIP code 55981 is located in Minnesota (MN).
ZIP code 55981 is in Wabasha County, MN.
ZIP 55981 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 55981 is 3,863 people (ACS 2023).
The median household income in ZIP code 55981 is $69,195 (ACS 2023).
The median home value in ZIP 55981 is $234,300 (ACS 2023).
About ZIP Code 55981

ZIP code 55981 is located in Wabasha, Minnesota, within Wabasha County. With a population of 3,863, this is a sparsely populated ZIP code with a mature community — the median age is 54.7 years. Economically, 55981 is a solidly middle-class ZIP code: the median household income of $69,195 is near the national average.

Real estate in ZIP code 55981 represents an affordable housing market. The median home value of $234,300 is below the national average. Renters can expect to pay around $773 per month in median rent. Homeownership is strong here — 78.1% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 29% since 2019.

The population of 55981 is primarily White (96.95%). Residents are moderately educated — 39.7% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 7.3%. Household income has grown by 20% since 2019.

The unemployment rate in 55981 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 77%.

Overall, ZIP code 55981 in Wabasha, MN is characterized as solidly middle-class, moderately educated, a mature community, and predominantly owner-occupied. With 3,863 residents, a median household income of $69,195, and a median home value of $234,300, it offers a clear picture of life in this part of Minnesota.