55328 Zip Code

April 25, 2024

Zip Code:	55328
City/Town:	Independence
State:	Minnesota

Population:	8,541
Per Capita Income:	$29,435
Mean Household Income:	$84,520

Total Housing Units:	3,055
Median Home Value:	$142,400
Median Year Homes Built:	1975

Land Area:	44.5 sq miles 115.4 sq kilometers
Water Area:	1.4 sq miles 3.6 sq kilometers

Population Information (55328 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

8,541

Male:

4,255

49.8%

49.2%

Female:

4,286

50.2%

50.8%

Median Age:

38.8 yrs

37.2 yrs

Under 5 years:

612

7.2%

6.5%

5 to 9 years:

720

7.4%

6.6%

10 to 19 years:

1,424

16.7%

13.8%

20 to 29 years:

682

8.0%

13.8%

30 to 39 years:

1,008

11.8%

13.0%

40 to 49 years:

1,484

17.4%

14.2%

50 to 59 years:

1,259

14.7%

13.6%

60 to 69 years:

741

8.7%

9.4%

70 to 79 years:

374

4.4%

5.4%

80 years and over:

237

2.8%

3.7%

Housing Information (55328 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$142,400

$119,600

Median year homes build:

1975

1971

Median real estate taxes:

$1,415 / yr.

$1,334 / yr.

Median rent:

$460 / mo.

$519 / mo.

Total households:

3,055

Family households:

2,313

75.7%

66.4%

Nonfamily households:

742

24.3%

33.6%

Households with individuals under 18 years:

1,244

40.7%

33.4%

Households with individuals 65 years and over:

640

20.9%

24.9%

Average household size:

2.8

Average family size:

3.2

Total housing units:

3,211

Occupied housing units:

3,055

95.1%

88.6%

Vacant housing units:

156

4.9%

11.4%

For rent:

1.5%

3.1%

Rented, not occupied:

0.0%

0.2%

For sale only:

1.2%

1.4%

Sold, not occupied:

0.3%

For seasonal, recreational, or occasional use:

0.7%

3.5%

All other vacants:

1.1%

2.8%

Homeowner vacancy rate:

1.5%

2.4%

Rental vacancy rate:

8.2%

9.2%

Owner-occupied housing units:

2,516

Population in owner-occupied housing units:

7,374

Average household size of owner-occupied units:

2.9

2.65

Renter-occupied housing units:

539

Population in renter-occupied housing units:

1,106

Average household size of renter-occupied units:

2.1

2.44

Educational Attainment (55328 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

4,624

Less than 9th grade:

191

4.1%

6.2%

9th to 12th grade, no diploma:

303

6.6%

8.7%

High school graduate (includes equivalency):

1,581

34.2%

29.0%

Some college, no degree:

1,122

24.3%

20.6%

Associate degree:

428

9.3%

7.5%

Bachelor's degree:

769

16.6%

17.6%

Graduate or professional degree:

230

5.0%

10.3%

Percent high school graduate or higher:

89.3%

85.0%

Percent bachelor's degree or higher:

21.6%

27.9%

Income Information (55328 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

2,666

31.2%

50.4%

Median income:

$34,107 / yr.

$27,932 / yr.

Full-time, year-round workers:

1,649

19.3%

59.7%

Median income:

$42,270 / yr.

$38,349 / yr.

Females 15 years and over with income:

2,448

28.7%

49.6%

Median income:

$20,401 / yr.

$16,327 / yr.

Full-time, year-round workers:

1,083

12.7%

40.3%

Median income:

$31,465 / yr.

$28,135 / yr.

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