55953 Zip Code

April 18, 2024

Zip Code:	55953
City/Town:	Nevada
State:	Minnesota

Population:	894
Per Capita Income:	$19,703
Mean Household Income:	$55,058

Total Housing Units:	361
Median Home Value:	$71,700
Median Year Homes Built:	1950

Land Area:	34.4 sq miles 89.1 sq kilometers
Water Area:	0.0 sq miles 0.0 sq kilometers

Population Information (55953 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

894

Male:

448

50.1%

49.2%

Female:

446

49.9%

50.8%

Median Age:

42.4 yrs

37.2 yrs

Under 5 years:

5.3%

6.5%

5 to 9 years:

6.7%

6.6%

10 to 19 years:

119

13.3%

13.8%

20 to 29 years:

10.9%

13.8%

30 to 39 years:

9.6%

13.0%

40 to 49 years:

127

14.2%

50 to 59 years:

155

17.3%

13.6%

60 to 69 years:

8.8%

9.4%

70 to 79 years:

5.9%

5.4%

80 years and over:

5.9%

3.7%

Housing Information (55953 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$71,700

$119,600

Median year homes build:

1950

1971

Median real estate taxes:

$622 / yr.

$1,334 / yr.

Median rent:

$200 / mo.

$519 / mo.

Total households:

361

Family households:

251

69.5%

66.4%

Nonfamily households:

110

30.5%

33.6%

Households with individuals under 18 years:

109

30.2%

33.4%

Households with individuals 65 years and over:

26.9%

24.9%

Average household size:

2.5

Average family size:

2.9

Total housing units:

383

Occupied housing units:

361

94.3%

88.6%

Vacant housing units:

5.7%

11.4%

For rent:

1.3%

3.1%

Rented, not occupied:

0.0%

0.2%

For sale only:

2.1%

1.4%

Sold, not occupied:

0.3%

For seasonal, recreational, or occasional use:

0.8%

3.5%

All other vacants:

1.3%

2.8%

Homeowner vacancy rate:

2.6%

2.4%

Rental vacancy rate:

7.6%

9.2%

Owner-occupied housing units:

300

Population in owner-occupied housing units:

785

Average household size of owner-occupied units:

2.6

2.65

Renter-occupied housing units:

Population in renter-occupied housing units:

109

Average household size of renter-occupied units:

1.8

2.44

Educational Attainment (55953 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

624

Less than 9th grade:

5.6%

6.2%

9th to 12th grade, no diploma:

6.6%

8.7%

High school graduate (includes equivalency):

264

42.3%

29.0%

Some college, no degree:

145

23.2%

20.6%

Associate degree:

11.2%

7.5%

Bachelor's degree:

7.9%

17.6%

Graduate or professional degree:

3.2%

10.3%

Percent high school graduate or higher:

87.8%

85.0%

Percent bachelor's degree or higher:

11.1%

27.9%

Income Information (55953 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:

373

41.7%

50.4%

Median income:

$25,871 / yr.

$27,932 / yr.

Full-time, year-round workers:

201

22.5%

59.7%

Median income:

$32,768 / yr.

$38,349 / yr.

Females 15 years and over with income:

366

40.9%

49.6%

Median income:

$12,609 / yr.

$16,327 / yr.

Full-time, year-round workers:

130

14.5%

40.3%

Median income:

$24,444 / yr.

$28,135 / yr.

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