55363 Zip Code

April 19, 2024

Zip Code:	55363
City/Town:	Montrose
State:	Minnesota

Population:	4,496
Per Capita Income:	$23,256
Mean Household Income:	$63,604

Total Housing Units:	1,615
Median Home Value:	$114,800
Median Year Homes Built:	1975

Land Area:	27.1 sq miles 70.2 sq kilometers
Water Area:	0.2 sq miles 0.6 sq kilometers

Population Information (55363 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

4,496

Male:

2,279

50.7%

49.2%

Female:

2,217

49.3%

50.8%

Median Age:

31.0 yrs

37.2 yrs

Under 5 years:

498

11.1%

6.5%

5 to 9 years:

394

5.9%

6.6%

10 to 19 years:

589

13.1%

13.8%

20 to 29 years:

678

15.1%

13.8%

30 to 39 years:

838

18.6%

13.0%

40 to 49 years:

609

13.5%

14.2%

50 to 59 years:

427

9.5%

13.6%

60 to 69 years:

266

5.9%

9.4%

70 to 79 years:

132

2.9%

5.4%

80 years and over:

1.4%

3.7%

Housing Information (55363 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$114,800

$119,600

Median year homes build:

1975

1971

Median real estate taxes:

$1,072 / yr.

$1,334 / yr.

Median rent:

$442 / mo.

$519 / mo.

Total households:

1,615

Family households:

1,178

72.9%

66.4%

Nonfamily households:

437

27.1%

33.6%

Households with individuals under 18 years:

703

43.5%

33.4%

Households with individuals 65 years and over:

236

14.6%

24.9%

Average household size:

2.8

Average family size:

3.3

Total housing units:

1,709

Occupied housing units:

1,615

94.5%

88.6%

Vacant housing units:

5.5%

11.4%

For rent:

1.2%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

2.3%

1.4%

Sold, not occupied:

0.2%

0.3%

For seasonal, recreational, or occasional use:

0.3%

3.5%

All other vacants:

1.4%

2.8%

Homeowner vacancy rate:

2.8%

2.4%

Rental vacancy rate:

8.6%

9.2%

Owner-occupied housing units:

1,404

Population in owner-occupied housing units:

3,946

Average household size of owner-occupied units:

2.8

2.65

Renter-occupied housing units:

211

Population in renter-occupied housing units:

550

Average household size of renter-occupied units:

2.6

2.44

Educational Attainment (55363 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

1,727

Less than 9th grade:

117

6.8%

6.2%

9th to 12th grade, no diploma:

186

10.8%

8.7%

High school graduate (includes equivalency):

751

43.5%

29.0%

Some college, no degree:

342

19.8%

20.6%

Associate degree:

140

8.1%

7.5%

Bachelor's degree:

150

8.7%

17.6%

Graduate or professional degree:

2.4%

10.3%

Percent high school graduate or higher:

82.5%

85.0%

Percent bachelor's degree or higher:

11.1%

27.9%

Income Information (55363 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:

1,091

24.3%

50.4%

Median income:

$29,425 / yr.

$27,932 / yr.

Full-time, year-round workers:

695

15.5%

59.7%

Median income:

$35,625 / yr.

$38,349 / yr.

Females 15 years and over with income:

884

19.7%

49.6%

Median income:

$19,167 / yr.

$16,327 / yr.

Full-time, year-round workers:

426

9.5%

40.3%

Median income:

$27,018 / yr.

$28,135 / yr.

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