55616 Zip Code

April 25, 2024

Zip Code:	55616
City/Town:	Two Harbors
State:	Minnesota

Population:	6,994
Per Capita Income:	$25,001
Mean Household Income:	$57,783

Total Housing Units:	3,038
Median Home Value:	$76,100
Median Year Homes Built:	1956

Land Area:	354.4 sq miles 917.9 sq kilometers
Water Area:	16.6 sq miles 43.1 sq kilometers

Population Information (55616 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

6,994

Male:

3,454

49.4%

49.2%

Female:

3,540

50.6%

50.8%

Median Age:

45.8 yrs

37.2 yrs

Under 5 years:

406

5.8%

6.5%

5 to 9 years:

377

5.8%

6.6%

10 to 19 years:

812

11.6%

13.8%

20 to 29 years:

686

9.8%

13.8%

30 to 39 years:

726

10.4%

13.0%

40 to 49 years:

938

13.4%

14.2%

50 to 59 years:

1,186

17.0%

13.6%

60 to 69 years:

865

12.4%

9.4%

70 to 79 years:

545

7.8%

5.4%

80 years and over:

453

6.5%

3.7%

Housing Information (55616 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$76,100

$119,600

Median year homes build:

1956

1971

Median real estate taxes:

$582 / yr.

$1,334 / yr.

Median rent:

$351 / mo.

$519 / mo.

Total households:

3,038

Family households:

1,938

63.8%

66.4%

Nonfamily households:

1,100

36.2%

33.6%

Households with individuals under 18 years:

784

25.8%

33.4%

Households with individuals 65 years and over:

964

31.7%

24.9%

Average household size:

2.3

Average family size:

2.8

Total housing units:

4,239

Occupied housing units:

3,038

71.7%

88.6%

Vacant housing units:

1,201

28.3%

11.4%

For rent:

110

2.6%

3.1%

Rented, not occupied:

0.0%

0.2%

For sale only:

1.6%

1.4%

Sold, not occupied:

0.1%

0.3%

For seasonal, recreational, or occasional use:

924

21.8%

3.5%

All other vacants:

2.2%

2.8%

Homeowner vacancy rate:

2.8%

2.4%

Rental vacancy rate:

13.8%

9.2%

Owner-occupied housing units:

2,354

Population in owner-occupied housing units:

5,553

Average household size of owner-occupied units:

2.4

2.65

Renter-occupied housing units:

684

Population in renter-occupied housing units:

1,310

Average household size of renter-occupied units:

1.9

2.44

Educational Attainment (55616 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

4,754

Less than 9th grade:

191

4.0%

6.2%

9th to 12th grade, no diploma:

392

8.2%

8.7%

High school graduate (includes equivalency):

1,794

37.7%

29.0%

Some college, no degree:

1,150

24.2%

20.6%

Associate degree:

303

6.4%

7.5%

Bachelor's degree:

617

13.0%

17.6%

Graduate or professional degree:

307

6.5%

10.3%

Percent high school graduate or higher:

87.7%

85.0%

Percent bachelor's degree or higher:

19.4%

27.9%

Income Information (55616 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:

2,556

36.5%

50.4%

Median income:

$32,443 / yr.

$27,932 / yr.

Full-time, year-round workers:

1,250

17.9%

59.7%

Median income:

$41,053 / yr.

$38,349 / yr.

Females 15 years and over with income:

2,495

35.7%

49.6%

Median income:

$14,225 / yr.

$16,327 / yr.

Full-time, year-round workers:

682

9.8%

40.3%

Median income:

$27,500 / yr.

$28,135 / yr.

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