ZIP Code 55906 is associated with the city of Rochester in Minnesota (Olmsted County) in the U.S. It is estimated that 20.2% of residents in the 55906 ZIP Code are aged 62 years and older, while the region overall has a median age of 41.3 years. About 96.7% of residents in this Minnesota region have a high school degree or higher, while the per capita income is estimated at $49,335. The median household income is at $90,972, while an estimated 3% of the population in this ZIP is living below the poverty line. The current population estimate is 19,060.
5:34 am
8:37 pm
Fair
The median household income in ZIP Code 55906 is $90,972, while the region's mean household income is $122,064. Breaking income down further, per capita income in the region is $49,335. The per capita income in ZIP Code 55906 of $49,335 is approximately 31.12% more than the per capita income in Minnesota overall of $37,625. An estimated 3.0% of the population is living below the poverty line in this region. This rate is approximately 68.42% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 19.4% of the population in 55906 earn $100,000 to $149,999 per year, while an estimated 16.0% earn $50,000 to $74,999 per year, and 3.2% of 55906 residents earn $10,000 to $14,999 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 6.6% |
| $10,000 to $14,999 per year | 3.2% |
| $15,000 to $24,999 per year | 3.8% |
| $25,000 to $34,999 per year | 4.2% |
| $35,000 to $49,999 per year | 9.2% |
| $50,000 to $74,999 per year | 16.0% |
| $75,000 to $99,999 per year | 11.7% |
| $100,000 to $149,999 per year | 19.4% |
| $150,000 to $199,999 per year | 12.4% |
| $200,000 or more per year | 13.4% |
In ZIP Code 55906, 96.7% of the population graduated high school, while 52.4% have a bachelor's degree or higher. In this region, 1.3% achieved an education level less than 9th grade, while 22.8% hold a graduate or professional degree. Approximately 18.9% in this Olmsted County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 1.3% |
| 9th to 12th grade, no diploma | 2.0% |
| High school graduate (includes equivalency) | 18.9% |
| Some college, no degree | 16.2% |
| Associate's degree | 9.3% |
| Bachelor's degree | 29.5% |
| Graduate or professional degree | 22.8% |
Looking at race in the population that makes up ZIP Code 55906, 96.2% is one race, while 3.8% are two or more races. Approximately 4.7% of 55906 residents are hispanic or Latino (of any race). The most common race in 55906 (race alone or in combination with one or more other races), is White (88.3%), followed by Asian (8.4%) .
| Industry | Percent |
|---|---|
| White | 88.3% |
| Black or African American | 5.3% |
| American Indian and Alaska Native | 1.2% |
| Asian | 8.4% |
| Native Hawaiian and Other Pacific Islander | 0.0% |
| Some other race | 0.7% |
Residents of ZIP Code 55906 are older than average. The median age of 41.3 years in ZIP Code 55906 is approximately 8.4% higher than the overall median age in the U.S. of 38.1 years. About 77.5% of residents are aged 18 years and older, and 20.2% of residents are 62 years and over. Approximately 14.5% of the population in 55906 falls in the age group 45 to 54 years, while an estimated 13.1% are aged 25 to 34 years. On the low end of the scale, 1.8% of 55906 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 5.9% |
| 5 to 9 years | 5.9% |
| 10 to 14 years | 6.6% |
| 15 to 19 years | 6.5% |
| 20 to 24 years | 4.4% |
| 25 to 34 years | 13.1% |
| 35 to 44 years | 12.9% |
| 45 to 54 years | 14.5% |
| 55 to 59 years | 7.3% |
| 60 to 64 years | 6.2% |
| 65 to 74 years | 10.2% |
| 75 to 84 years | 4.5% |
| 85 years and over | 1.8% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 55906 is current access to health insurance, as an estimated 94.7% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 55906 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 94.7% |
| Risk Behavior | Percent of adults* |
|---|
Regarding the age of homes in ZIP Code 55906, an estimated 15.4% of homes were built between 1970 and 1979. Additionally, 14.2% of homes in the region were built between 1980 and 1989, while an estimated 2.4% of homes were built between 2010 and 2013 in this Olmsted County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 4.4% |
| Built between 2010 and 2013 | 2.4% |
| Built between 2000 and 2009 | 13.6% |
| Built between 1990 and 1999 | 13.8% |
| Built between 1980 and 1989 | 14.2% |
| Built between 1970 and 1979 | 15.4% |
| Built between 1960 and 1969 | 12.6% |
| Built between 1950 and 1959 | 13.4% |
| Built between 1940 and 1949 | 4.4% |
| Built in 1939 or earlier | 5.7% |
In 55906, 70.2% of the population is in the labor force. Recent estimates place 5.4% as working from home, while the total labor force in the region has a mean travel to time to work of 16.4 minutes. Approximately 45.9% of the employed population 16 years and over in 55906 work in educational services, and health care and social assistance, while an estimated 10.5% work in retail trade. On the lower end of the scale, just 0.5% of 55906 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.5% |
| Construction | 3.4% |
| Manufacturing | 7.4% |
| Wholesale trade | 1.5% |
| Retail trade | 10.5% |
| Transportation and warehousing, and utilities | 2.3% |
| Information | 1.6% |
| Finance and insurance, and real estate and rental and leasing | 5.3% |
| Professional, scientific, management, and administrative | 9.5% |
| Educational services, and health care and social assistance | 45.9% |
| Arts, entertainment, and recreation, and accommodation and food services | 7.6% |
| Other services, except public administration | 2.8% |
| Public administration | 1.7% |
In ZIP Code 55906, 88.9% of the population lists "English only" as the language spoken in home, while 2.2% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 1.3% of homes, and other Indo-European languages are spoken in 4.3% of homes. Lastly, 3.3% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Olmsted County region.
| Language Spoken | Percent |
|---|---|
| English only | 88.9% |
| Spanish | 2.2% |
| Other Indo-European languages | 1.3% |
| Asian and Pacific Islander languages | 4.3% |
| Other languages | 3.3% |
Regarding solar power potential, ZIP Code 55906 has an average daily solar radiation level of 4.84 kWh/m2/day. This is approximately 17.48% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 26.56% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 55906 | 14.38¢/kWh | 10.59¢/kWh | 6.54¢/kWh |
| Minnesota | 14.62¢/kWh | 11.72¢/kWh | 9.22¢/kWh |
| United States | 16.44¢/kWh | 13.09¢/kWh | 8.23¢/kWh |
| Month | ZIP Code 55906 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 3.34 | 1.9 | 5.84 |
| Feb | 4.07 | 3 | 6.31 |
| Mar | 5.24 | 3.65 | 7.02 |
| Apr | 5.51 | 5.13 | 7.3 |
| May | 5.74 | 5.17 | 7.13 |
| Jun | 5.82 | 5.72 | 6.95 |
| Jul | 6.19 | 6.22 | 6.51 |
| Aug | 6 | 6.08 | 6.65 |
| Sep | 5.42 | 5.15 | 7.02 |
| Oct | 4.43 | 3.32 | 6.92 |
| Nov | 3.41 | 2.33 | 5.99 |
| Dec | 2.87 | 1.78 | 5.46 |
Regarding consumer complaints about financial products in ZIP Code 55906, credit reporting or other personal consumer reports have received the most complaints in 55906 in the past 12 months. Credit reporting or credit repair services received the second most complaints. The most frequent complaint overall in this Olmsted County region was improper use of a report.
| Complaint Product | Number of Complaints* |
|---|---|
| Credit reporting or other personal consumer reports | 10 |
| Credit reporting or credit repair services | 7 |
| Money transfer, virtual currency, or money service | 3 |
| Checking or savings account | 2 |
| Credit card or prepaid card | 2 |
| Other | 3 |
| Complaint Issue | Number of Complaints* |
|---|---|
| Improper use of your report | 14 |
| Incorrect information on your report | 3 |
| Dealing with your lender or servicer | 2 |
| Managing an account | 2 |
| Trouble accessing funds in your mobile or digital wallet | 2 |
| Other | 4 |