55738 ZIP Code – Forbes, Minnesota
55738 is a ZIP code serving Forbes, Minnesota in St. Louis County with a population of approximately 603 residents. The median household income is $72,500 — near the Minnesota average and near the national average. Median home values of $132,900 are well below the national average, with 97.1% owner-occupied housing (increasing). Housing consists of 91% single-family (decreasing).
The area reports an unemployment rate of 8.5%, well above the national average. The poverty rate of 10.1% is below the U.S. average. Bachelor's degree attainment is 15.8%, well below the national average. The median age is 49.6, near the national median. The surrounding area includes ZIP codes 55751, 55734, 55765.
ZIP Code 55738 Data
Population
603
Median Household Income
$72,500
Median Home Value
$132,900
Median Rent
Not provided
Median Age
49.6
Unemployment Rate
8.5%
Poverty Rate
10.1%
Bachelor's Degree or Higher
15.8%
County
St. Louis County
State
Minnesota
See more demographics for:
ZIP 55738 vs. Minnesota vs. U.S.
| Metric | ZIP 55738 | MN Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 603 | 6,531 | 10k |
| Median Household Income | $72k | $77k | $73k |
| Median Home Value | $132k | $223k | $258k |
| Median Rent | — | $954 | $1,088 |
| Median Age | 49.6 | 43.2 | 43.2 |
| Unemployment Rate | 8.5% | 4.0% | 5.0% |
| Poverty Rate | 10.1% | 9.9% | 13.3% |
| Bachelor's Degree or Higher | 15.8% | 26.4% | 26.9% |
Demographics Charts
Race & Ethnicity
Gender
Education Level (adults 25+)
Nearby ZIP Codes
- 55751 – Iron
- 55734 – Eveleth
- 55765 – Meadowlands
- 55724 – Cotton
- 55746 – Hibbing
- 55713 – Buhl
- 55758 – Kinney
- 55768 – Mountain Iron
- 55741 – Gilbert
- 55717 – Canyon
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 55751 | IRON | 1,343 | $75,461 |
| 55734 | EVELETH | 6,437 | $62,692 |
| 55765 | MEADOWLANDS | 735 | $71,382 |
| 55724 | COTTON | 784 | $69,107 |
| 55746 | HIBBING | 16,963 | $53,209 |