55342 ZIP Code – Hector, Minnesota

55342 is a ZIP code serving Hector, Minnesota in Renville County with a population of approximately 1,819 residents. At $61,518, the median household income here runs below the Minnesota average and below the U.S. average. At $129,600, median home values run well below the national average, with 81.2% owner-occupied housing (stable). , with median rent coming in at $1,083 — near the national figure. Housing consists of 86% single-family (decreasing), 5% apartments (decreasing).

The area reports an unemployment rate of 4.3%, near the national average. The poverty rate of 9.6% is below the U.S. average. An estimated 15.0% of adults hold a bachelor's degree or higher, well below the national average. Residents have a median age of 40.8, near the U.S. median. The surrounding area includes ZIP codes 55314, 55310, 55385.

ZIP Code 55342 Data

Population 1,819
Median Household Income $61,518
Median Home Value $129,600
Median Rent $1,083
Median Age 40.8
Unemployment Rate 4.3%
Poverty Rate 9.6%
Bachelor's Degree or Higher 15.0%
State Minnesota

ZIP 55342 vs. Minnesota vs. U.S.

MetricZIP 55342MN Avg.U.S. Avg.
Population1,8196,53110k
Median Household Income$61k$77k$73k
Median Home Value$129k$223k$258k
Median Rent$1,083$954$1,088
Median Age40.843.243.2
Unemployment Rate4.3%4.0%5.0%
Poverty Rate9.6%9.9%13.3%
Bachelor's Degree or Higher15.0%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
55314 BUFFALO LAKE 1,073 $70,750
55310 BIRD ISLAND 1,487 $69,563
55385 STEWART 1,259 $71,111
56277 OLIVIA 3,089 $65,363
56228 COSMOS 912 $64,464