55089 ZIP Code – Welch, Minnesota

55089 is a ZIP code serving Welch, Minnesota in Goodhue County with a population of approximately 1,753 residents. At $94,511, the median household income here runs above the Minnesota average and above the U.S. average. Median home values of $338,100 are above the national average, with 90.3% owner-occupied housing (increasing). ; median rent of $1,375 is similarly above the national average. Housing consists of 90% single-family (increasing).

At 1.8%, the unemployment rate is well below the national figure. The poverty rate is 11.5%, near the national average. 30.6% of adults hold a bachelor's degree or higher, near the U.S. average. The median age is 45.0, near the national median. Neighboring ZIP codes include 54014, 55066, 54021.

ZIP Code 55089 Data

Population 1,753
Median Household Income $94,511
Median Home Value $338,100
Median Rent $1,375
Median Age 45.0
Unemployment Rate 1.8%
Poverty Rate 11.5%
Bachelor's Degree or Higher 30.6%
State Minnesota

ZIP 55089 vs. Minnesota vs. U.S.

MetricZIP 55089MN Avg.U.S. Avg.
Population1,7536,53110k
Median Household Income$94k$77k$73k
Median Home Value$338k$223k$258k
Median Rent$1,375$954$1,088
Median Age45.043.243.2
Unemployment Rate1.8%4.0%5.0%
Poverty Rate11.5%9.9%13.3%
Bachelor's Degree or Higher30.6%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
54014 HAGER CITY 2,043 $95,592
55066 RED WING 19,002 $68,925
54021 PRESCOTT 7,209 $92,708
55009 CANNON FALLS 8,136 $84,236
55033 HASTINGS 29,454 $98,346