55603 Zip Code

April 25, 2024

Zip Code:	55603
City/Town:	Murphy City
State:	Minnesota

Population:	508
Per Capita Income:	$18,900
Mean Household Income:	$53,644

Total Housing Units:	234
Median Home Value:	$74,600
Median Year Homes Built:	1968

Land Area:	360.9 sq miles 934.7 sq kilometers
Water Area:	13.1 sq miles 33.9 sq kilometers

Population Information (55603 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

508

Male:

265

52.2%

49.2%

Female:

243

47.8%

50.8%

Median Age:

49.3 yrs

37.2 yrs

Under 5 years:

4.1%

6.5%

5 to 9 years:

4.1%

6.6%

10 to 19 years:

8.9%

13.8%

20 to 29 years:

12.2%

13.8%

30 to 39 years:

7.9%

13.0%

40 to 49 years:

14.8%

14.2%

50 to 59 years:

132

26.0%

13.6%

60 to 69 years:

14.4%

9.4%

70 to 79 years:

4.3%

5.4%

80 years and over:

3.7%

Housing Information (55603 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$74,600

$119,600

Median year homes build:

1968

1971

Median real estate taxes:

$297 / yr.

$1,334 / yr.

Median rent:

$357 / mo.

$519 / mo.

Total households:

234

Family households:

144

61.5%

66.4%

Nonfamily households:

38.5%

33.6%

Households with individuals under 18 years:

18.4%

33.4%

Households with individuals 65 years and over:

20.5%

24.9%

Average household size:

2.1

Average family size:

2.6

Total housing units:

475

Occupied housing units:

234

49.3%

88.6%

Vacant housing units:

241

50.7%

11.4%

For rent:

0.4%

3.1%

Rented, not occupied:

0.2%

For sale only:

0.4%

1.4%

Sold, not occupied:

0.0%

0.3%

For seasonal, recreational, or occasional use:

220

46.3%

3.5%

All other vacants:

3.4%

2.8%

Homeowner vacancy rate:

0.9%

2.4%

Rental vacancy rate:

7.7%

9.2%

Owner-occupied housing units:

211

Population in owner-occupied housing units:

448

Average household size of owner-occupied units:

2.1

2.65

Renter-occupied housing units:

Population in renter-occupied housing units:

Average household size of renter-occupied units:

1.9

2.44

Educational Attainment (55603 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

353

Less than 9th grade:

8.2%

6.2%

9th to 12th grade, no diploma:

10.5%

8.7%

High school graduate (includes equivalency):

153

43.3%

29.0%

Some college, no degree:

21.2%

20.6%

Associate degree:

4.0%

7.5%

Bachelor's degree:

6.5%

17.6%

Graduate or professional degree:

6.2%

10.3%

Percent high school graduate or higher:

81.3%

85.0%

Percent bachelor's degree or higher:

12.7%

27.9%

Income Information (55603 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:

205

40.4%

50.4%

Median income:

$27,679 / yr.

$27,932 / yr.

Full-time, year-round workers:

17.3%

59.7%

Median income:

$47,500 / yr.

$38,349 / yr.

Females 15 years and over with income:

178

35.0%

49.6%

Median income:

$10,833 / yr.

$16,327 / yr.

Full-time, year-round workers:

8.5%

40.3%

Median income:

$21,875 / yr.

$28,135 / yr.

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