55702 Zip Code

April 18, 2024

Zip Code:	55702
City/Town:	Alborn
State:	Minnesota

Population:	500
Per Capita Income:	$22,152
Mean Household Income:	$53,736

Total Housing Units:	190
Median Home Value:	$111,400
Median Year Homes Built:	1969

Land Area:	75.8 sq miles 196.4 sq kilometers
Water Area:	0.9 sq miles 2.2 sq kilometers

Population Information (55702 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

500

Male:

267

53.4%

49.2%

Female:

233

46.6%

50.8%

Median Age:

38.9 yrs

37.2 yrs

Under 5 years:

7.0%

6.5%

5 to 9 years:

7.2%

6.6%

10 to 19 years:

14.6%

13.8%

20 to 29 years:

9.2%

13.8%

30 to 39 years:

13.0%

40 to 49 years:

14.0%

14.2%

50 to 59 years:

18.8%

13.6%

60 to 69 years:

10.4%

9.4%

70 to 79 years:

3.4%

5.4%

80 years and over:

2.4%

3.7%

Housing Information (55702 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$111,400

$119,600

Median year homes build:

1969

1971

Median real estate taxes:

$720 / yr.

$1,334 / yr.

Median rent:

$467 / mo.

$519 / mo.

Total households:

190

Family households:

135

71.1%

66.4%

Nonfamily households:

28.9%

33.6%

Households with individuals under 18 years:

35.3%

33.4%

Households with individuals 65 years and over:

21.1%

24.9%

Average household size:

2.6

Average family size:

3.1

Total housing units:

327

Occupied housing units:

190

58.1%

88.6%

Vacant housing units:

137

41.9%

11.4%

For rent:

0.0%

3.1%

Rented, not occupied:

0.0%

0.2%

For sale only:

1.2%

1.4%

Sold, not occupied:

0.6%

0.3%

For seasonal, recreational, or occasional use:

124

37.9%

3.5%

All other vacants:

2.1%

2.8%

Homeowner vacancy rate:

2.3%

2.4%

Rental vacancy rate:

0.0%

9.2%

Owner-occupied housing units:

171

Population in owner-occupied housing units:

452

Average household size of owner-occupied units:

2.6

2.65

Renter-occupied housing units:

Population in renter-occupied housing units:

Average household size of renter-occupied units:

2.5

2.44

Educational Attainment (55702 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

252

Less than 9th grade:

2.0%

6.2%

9th to 12th grade, no diploma:

9.5%

8.7%

High school graduate (includes equivalency):

106

42.1%

29.0%

Some college, no degree:

27.8%

20.6%

Associate degree:

5.2%

7.5%

Bachelor's degree:

10.7%

17.6%

Graduate or professional degree:

2.8%

10.3%

Percent high school graduate or higher:

88.5%

85.0%

Percent bachelor's degree or higher:

13.5%

27.9%

Income Information (55702 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:

145

29.0%

50.4%

Median income:

$25,179 / yr.

$27,932 / yr.

Full-time, year-round workers:

13.4%

59.7%

Median income:

$31,354 / yr.

$38,349 / yr.

Females 15 years and over with income:

115

23.0%

49.6%

Median income:

$14,750 / yr.

$16,327 / yr.

Full-time, year-round workers:

6.4%

40.3%

Median income:

$27,500 / yr.

$28,135 / yr.

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