55362 Zip Code

April 19, 2024

Zip Code:	55362
City/Town:	Otsego
State:	Minnesota

Population:	18,089
Per Capita Income:	$25,059
Mean Household Income:	$69,087

Total Housing Units:	6,540
Median Home Value:	$135,300
Median Year Homes Built:	1984

Land Area:	61.2 sq miles 158.4 sq kilometers
Water Area:	4.3 sq miles 11.1 sq kilometers

Population Information (55362 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

18,089

Male:

9,012

49.8%

49.2%

Female:

9,077

50.2%

50.8%

Median Age:

33.8 yrs

37.2 yrs

Under 5 years:

1,562

8.6%

6.5%

5 to 9 years:

1,449

6.9%

6.6%

10 to 19 years:

2,681

14.8%

13.8%

20 to 29 years:

2,285

12.6%

13.8%

30 to 39 years:

2,753

15.2%

13.0%

40 to 49 years:

2,823

15.6%

14.2%

50 to 59 years:

2,105

11.6%

13.6%

60 to 69 years:

1,296

7.2%

9.4%

70 to 79 years:

636

3.5%

5.4%

80 years and over:

499

2.8%

3.7%

Housing Information (55362 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$135,300

$119,600

Median year homes build:

1984

1971

Median real estate taxes:

$1,350 / yr.

$1,334 / yr.

Median rent:

$525 / mo.

$519 / mo.

Total households:

6,540

Family households:

4,687

71.7%

66.4%

Nonfamily households:

1,853

28.3%

33.6%

Households with individuals under 18 years:

2,722

41.6%

33.4%

Households with individuals 65 years and over:

1,183

18.1%

24.9%

Average household size:

2.7

Average family size:

3.2

Total housing units:

6,967

Occupied housing units:

6,540

93.9%

88.6%

Vacant housing units:

427

6.1%

11.4%

For rent:

1.3%

3.1%

Rented, not occupied:

0.0%

0.2%

For sale only:

152

2.2%

1.4%

Sold, not occupied:

0.3%

For seasonal, recreational, or occasional use:

108

1.6%

3.5%

All other vacants:

0.8%

2.8%

Homeowner vacancy rate:

2.9%

2.4%

Rental vacancy rate:

6.1%

9.2%

Owner-occupied housing units:

5,138

Population in owner-occupied housing units:

14,662

Average household size of owner-occupied units:

2.9

2.65

Renter-occupied housing units:

1,402

Population in renter-occupied housing units:

3,233

Average household size of renter-occupied units:

2.3

2.44

Educational Attainment (55362 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

8,393

Less than 9th grade:

337

4.0%

6.2%

9th to 12th grade, no diploma:

795

9.5%

8.7%

High school graduate (includes equivalency):

2,788

33.2%

29.0%

Some college, no degree:

2,023

24.1%

20.6%

Associate degree:

828

9.9%

7.5%

Bachelor's degree:

1,188

14.2%

17.6%

Graduate or professional degree:

434

5.2%

10.3%

Percent high school graduate or higher:

86.5%

85.0%

Percent bachelor's degree or higher:

19.3%

27.9%

Income Information (55362 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:

4,792

26.5%

50.4%

Median income:

$34,487 / yr.

$27,932 / yr.

Full-time, year-round workers:

3,119

17.2%

59.7%

Median income:

$41,572 / yr.

$38,349 / yr.

Females 15 years and over with income:

4,826

26.7%

49.6%

Median income:

$19,269 / yr.

$16,327 / yr.

Full-time, year-round workers:

1,927

10.7%

40.3%

Median income:

$27,096 / yr.

$28,135 / yr.

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