55060 ZIP Code – Owatonna, Minnesota

55060 is a ZIP code serving Owatonna, Minnesota in Steele County with a population of approximately 29,657 residents. The median household income is $80,313 — near the Minnesota average and near the national average. Median home values of $222,200 are near the national average, with 77.2% owner-occupied housing (increasing). , with median rent coming in at $929 — near the national figure. Housing consists of 80% single-family (decreasing), 13% apartments (increasing).

Unemployment stands at 3.2%, which is below the U.S. rate. The poverty rate of 7.9% is well below the U.S. average. Bachelor's degree attainment is 31.4%, above the national average. At 40.3, the median age is near the national figure. ZIP codes in the surrounding area include 56046, 55049, 55924.

ZIP Code 55060 Data

Population 29,657
Median Household Income $80,313
Median Home Value $222,200
Median Rent $929
Median Age 40.3
Unemployment Rate 3.2%
Poverty Rate 7.9%
Bachelor's Degree or Higher 31.4%
County Steele County
State Minnesota

ZIP 55060 vs. Minnesota vs. U.S.

MetricZIP 55060MN Avg.U.S. Avg.
Population29k6,53110k
Median Household Income$80k$77k$73k
Median Home Value$222k$223k$258k
Median Rent$929$954$1,088
Median Age40.343.243.2
Unemployment Rate3.2%4.0%5.0%
Poverty Rate7.9%9.9%13.3%
Bachelor's Degree or Higher31.4%26.4%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
56046 HOPE 147 $67,500
55049 MEDFORD 2,620 $87,940
55924 CLAREMONT 1,184 $80,000
56026 ELLENDALE 1,812 $90,167
56093 WASECA 12,658 $69,965