9 ZIP Code Tabulation Areas in Lake County, Minnesota. The population-weighted median household income is about $69,726, the median home value about $223,650, and 80.4% of occupied homes are owner-occupied.
- 9
- ZIP codes
- 16.5K
- Population
- 53
- Data points
Lake County at a glance
- $69,726
- Median household income
- $223,650
- Median home value
- 51.8
- Median age
- 80.4%
- Owner-occupied
- 12,083
- Housing units
Income, home value, and age are population-weighted averages of the ZIP-level medians in the file. Counts are exact.
Top 5 Lake County ZIP codes by median household income| # | ZIP | City | Population | Homeowner % | Median HH $ |
|---|
| 1 | 55607 | — | 192 | 97.3% | $87,857 |
| 2 | 55609 | Knife River | 131 | 100% | $78,208 |
| 3 | 55616 | Knife River | 7,250 | 80.3% | $76,127 |
| 4 | 55602 | — | 346 | 98.8% | $73,750 |
| 5 | 55614 | Silver Bay | 2,485 | 85.5% | $72,981 |
Top 5 Lake County ZIP codes by population| # | ZIP | City | Population | Homeowner % | Median HH $ |
|---|
| 1 | 55616 | Knife River | 7,250 | 80.3% | $76,127 |
| 2 | 55731 | Ely | 5,361 | 75% | $62,008 |
| 3 | 55614 | Silver Bay | 2,485 | 85.5% | $72,981 |
| 4 | 55603 | Finland | 490 | 90% | $61,875 |
| 5 | 55602 | — | 346 | 98.8% | $73,750 |
Top 5 Lake County ZIP codes by Homeowner GDP| # | ZIP | City | Population | Homeowner % | Median HH $ | Homeowner GDP |
|---|
| 1 | 55616 | Knife River | 7,250 | 80.3% | $76,127 | $187.7M |
| 2 | 55731 | Ely | 5,361 | 75% | $62,008 | $133.9M |
| 3 | 55614 | Silver Bay | 2,485 | 85.5% | $72,981 | $77.4M |
| 4 | 55603 | Finland | 490 | 90% | $61,875 | $14M |
| 5 | 55602 | — | 346 | 98.8% | $73,750 | $12.5M |
Homeowner GDP = owner-occupied units × median household income — a proxy for aggregate homeowner spending power in a ZIP, useful for scoring market opportunity. Not an official economic statistic.
Densest: 55796 (Winton) at 616 people/sq mi. Least dense: 55607 at 1 people/sq mi.
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