55616 ZIP Code – Two Harbors, Minnesota
55616 is a ZIP code serving Two Harbors, Minnesota in Lake County with a population of approximately 7,300 residents. Residents earn a median household income of $75,966, which is near the Minnesota average and near the national figure. Median home values of $217,900 are below the national average, with 80.3% owner-occupied housing (decreasing). , with median rent coming in at $777 — below the national figure. Housing consists of 82% single-family (decreasing), 9% apartments (decreasing), 7% duplex/multi-family.
The unemployment rate is 2.0%, well below the national average. The poverty rate of 7.7% is well below the U.S. average. Bachelor's degree attainment is 24.2%, near the national average. At 44.5, the median age is near the national figure. Nearby ZIP codes include 55602, 55601, 55614.
ZIP Code 55616 Data
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ZIP 55616 vs. Minnesota vs. U.S.
| Metric | ZIP 55616 | MN Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 7,300 | 6,531 | 10k |
| Median Household Income | $75k | $77k | $73k |
| Median Home Value | $217k | $223k | $258k |
| Median Rent | $777 | $954 | $1,088 |
| Median Age | 44.5 | 43.2 | 43.2 |
| Unemployment Rate | 2.0% | 4.0% | 5.0% |
| Poverty Rate | 7.7% | 9.9% | 13.3% |
| Bachelor's Degree or Higher | 24.2% | 26.4% | 26.9% |
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Nearby ZIP Codes
- 55602 – Brimson
- 55601 – Beaver Bay
- 55614 – Silver Bay
- 55609 – Knife River
- 55803 – Duluth
- 55804 – Duluth
- 55750 – Hoyt Lakes
- 55763 – Makinen
- 55607 – Isabella
- 55603 – Finland
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 55602 | BRIMSON | 321 | $61,250 |
| 55601 | BEAVER BAY | 152 | $71,875 |
| 55614 | SILVER BAY | 2,390 | $69,924 |
| 55609 | KNIFE RIVER | 135 | $73,958 |
| 55803 | DULUTH | 17,734 | $99,619 |