55750 ZIP Code – Hoyt Lakes, Minnesota

ZIP code 55750 is a small ZIP code located in Hoyt Lakes, Minnesota, within St. Louis County with a population of approximately 2,100 residents. At $70,750, the median household income here runs near the Minnesota average and near the U.S. average. The median home value of $85,100 is well below the national average, with 95.7% owner-occupied housing (increasing). ; median rent of $745 is similarly below the national average. Housing consists of 100% single-family (increasing).

At 15.7%, the unemployment rate is well above the national figure. The poverty rate of 10.1% is below the U.S. average. 18.4% of adults hold a bachelor's degree or higher, below the U.S. average. Residents have a median age of 42.3, near the U.S. median. The surrounding area includes ZIP codes 55706, 55705, 55602.

ZIP Code 55750 Data

Population 2,100
Median Household Income $70,750
Median Home Value $85,100
Median Rent $745
Median Age 42.3
Unemployment Rate 15.7%
Poverty Rate 10.1%
Bachelor's Degree or Higher 18.4%
State Minnesota

ZIP 55750 vs. Minnesota vs. U.S.

MetricZIP 55750MN Avg.U.S. Avg.
Population2,1006,53110k
Median Household Income$70k$77k$73k
Median Home Value$85k$223k$258k
Median Rent$745$954$1,088
Median Age42.343.243.2
Unemployment Rate15.7%4.0%5.0%
Poverty Rate10.1%9.9%13.3%
Bachelor's Degree or Higher18.4%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
55706 BABBITT 1,716 $56,250
55705 AURORA 3,235 $53,359
55602 BRIMSON 321 $61,250
55732 EMBARRASS 1,455 $58,000
55708 BIWABIK 749 $63,977