Zip code 55601: Beaver Bay, Minnesota
Boundary is the Census Bureau's ZIP Code Tabulation Area, which closely tracks the postal delivery area.
About 55601
55601 is a rural zip code in Beaver Bay, Minnesota (Lake County), covering 15 sq mi of land. About 128 people live here, or 8 per square mile. The median resident is 63 years old, compared with 38.9 nationally. With so few residents, the Census figures below are rough estimates with wide margins of error.
The median household earns $56,250 a year, 30% below the national median of $80,734. 14.8% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $242,400, or 4.3 years of median household income (U.S.: 4.1 years), which makes homes about as affordable as the national average for local earners. 97% of occupied homes are lived in by their owners.
15% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 18.4 minutes each way, and 7% of workers work from home. The most common jobs among working residents are in construction and repair; sales; and production and manufacturing.
How 55601 compares
Only about 128 people live here, so these survey estimates have wide margins of error.
- 99thU.S. 38.9 · MN 38.810th of 854 in MN
- Homeownership rate96.8%99thStrengthU.S. 65.2% · MN 72.2%31st of 851 in MN
- Housing vacancy43.2%99thU.S. 10.1% · MN 9.3%72nd of 851 in MN
- 99thU.S. 17.2% · MN 17.3%8th of 854 in MN
- Veterans11.9%94thU.S. 6.2% · MN 5.9%62nd of 854 in MN
- 89thU.S. 10% · MN 9.3%293rd of 852 in MN
- Uninsured rate12.5%82ndWeaknessU.S. 8.4% · MN 4.7%34th of 853 in MN
- 78thU.S. 0.483 · MN 0.45380th of 848 in MN
- Poverty rate14.8%69thU.S. 12.5% · MN 9.3%126th of 852 in MN
- Per capita income$34,60233rdU.S. $44,673 · MN $48,237681st of 853 in MN
- 32ndU.S. 14.1% · MN 8.7%188th of 854 in MN
- Median home value$242,40031stU.S. $332,700 · MN $329,300406th of 842 in MN
- 17thU.S. 14.5% · MN 12.9%683rd of 852 in MN
- Median household income$56,25015thWeaknessU.S. $80,734 · MN $89,062790th of 846 in MN
- Work from home6.5%14thU.S. 15.1% · MN 17.6%734th of 852 in MN
- 9thWeaknessU.S. 35.7% · MN 39.4%750th of 854 in MN
- Average commute18.4 min7thStrengthU.S. 26.4 min · MN 22.7 min732nd of 849 in MN
- Broadband access79.4%4thWeaknessU.S. 91% · MN 91.6%808th of 851 in MN
- Population1281stU.S. 334,922,499 · MN 5,739,445845th of 854 in MN
- Population density8/sq mi1stU.S. 95/sq mi · MN 72/sq mi710th of 854 in MN
- 1stStrengthU.S. 5.2% · MN 4.1%835th of 853 in MN
- 1stU.S. 61.4 · MN 41.1836th of 854 in MN
- 1stU.S. 22% · MN 22.9%831st of 854 in MN
- Median earnings per worker$24,1671stWeaknessU.S. $49,666 · MN $54,389844th of 851 in MN
- 1stU.S. 3.8% · MN 4%786th of 852 in MN
- 1stU.S. 9.7% · MN 10.9%851st of 852 in MN
| Measure | 55601 | Lake | MN | U.S. | National percentile | Rank in MN |
|---|---|---|---|---|---|---|
| Median age | 63 | 49.4 | 38.8 | 38.9 | 10th of 854 | |
| Homeownership rateStrength | 96.8% | 83.5% | 72.2% | 65.2% | 31st of 851 | |
| Housing vacancy | 43.2% | 33.7% | 9.3% | 10.1% | 72nd of 851 | |
| Residents 65 and older | 45.3% | 27.9% | 17.3% | 17.2% | 8th of 854 | |
| Veterans | 11.9% | 7.8% | 5.9% | 6.2% | 62nd of 854 | |
| Self-employed workers | 14.5% | 12.7% | 9.3% | 10% | 293rd of 852 | |
| Uninsured rateWeakness | 12.5% | 4.9% | 4.7% | 8.4% | 34th of 853 | |
| Income inequality (Gini) | 0.474 | 0.402 | 0.453 | 0.483 | 80th of 848 | |
| Poverty rate | 14.8% | 8.6% | 9.3% | 12.5% | 126th of 852 | |
| Per capita income | $34,602 | $41,362 | $48,237 | $44,673 | 681st of 853 | |
| Foreign-born residents | 5.5% | 1.3% | 8.7% | 14.1% | 188th of 854 | |
| Median home value | $242,400 | $241,300 | $329,300 | $332,700 | 406th of 842 | |
| Government workers | 9.7% | 16.6% | 12.9% | 14.5% | 683rd of 852 | |
| Median household incomeWeakness | $56,250 | $75,541 | $89,062 | $80,734 | 790th of 846 | |
| Work from home | 6.5% | 13.2% | 17.6% | 15.1% | 734th of 852 | |
| Bachelor's degree or higherWeakness | 14.8% | 26.8% | 39.4% | 35.7% | 750th of 854 | |
| Average commuteStrength | 18.4 min | 24.8 min | 22.7 min | 26.4 min | 732nd of 849 | |
| Broadband accessWeakness | 79.4% | 87.6% | 91.6% | 91% | 808th of 851 | |
| Population | 128 | 10,879 | 5,739,445 | 334,922,499 | 845th of 854 | |
| Population density | 8/sq mi | 5/sq mi | 72/sq mi | 95/sq mi | 710th of 854 | |
| Unemployment rateStrength | 0% | 2.6% | 4.1% | 5.2% | 835th of 853 | |
| Diversity index | 3.1 | 10.9 | 41.1 | 61.4 | 836th of 854 | |
| Residents under 18 | 7.8% | 19.1% | 22.9% | 22% | 831st of 854 | |
| Median earnings per workerWeakness | $24,167 | $51,619 | $54,389 | $49,666 | 844th of 851 | |
| Tech workers | 0% | 0.9% | 4% | 3.8% | 786th of 852 | |
| Healthcare workers | 0% | 8.7% | 10.9% | 9.7% | 851st of 852 |
The percentile is the share of Americans who live in a zip code with a lower value, so the 50th percentile is typical. Rank 1 is the highest value in the state. Both include zip codes with at least 100 residents. Strengths and weaknesses mark measures in the best or worst fifth nationally, where higher or lower is clearly better (income, poverty, education, commute, broadband, insurance and similar). Measures like age or density are left unmarked.
People
Age
Race and ethnicity
- White98%
- Black0%
- Hispanic0%
- Asian0%
- Native American0%
- Pacific Islander0%
- Other0%
- Multiracial2%
Language spoken at home (households)
Households
- Households
- 63
- Average household size
- 2
- Family households
- 54%
- Married couples
- 52.4%
- Living alone
- 42.9%
- Veterans (of adults)
- 11.9%
- Male / female
- 60% / 40%
Income and poverty
Household income distribution
Median household income
Housing
Median home value
Median gross rent
Types of housing
- Housing units
- 111
- Owner-occupied
- 96.8%
- Vacant
- 43.2%
- Median year built
- 1969
- Median rooms
- 6.4
- Renters paying 30%+ of income
- —
- Renters paying 50%+ of income
- —
- Home value to income
- 4.3× (U.S. 4.1×)
Work and commute
How people get to work
Commute time (one way)
Jobs and careers
Occupations
Industries
Median earnings by type of work
| Type of work | 55601 | U.S. |
|---|---|---|
| Management, business, science and arts | $11,250 | $74,888 |
| Service | — | $26,804 |
| Sales and office | $13,750 | $40,476 |
| Construction and maintenance | $12,273 | $49,199 |
| Production and transportation | $68,500 | $39,989 |
Education, internet and health coverage
Highest education (adults 25+)
- High school graduate or higher
- 91.7%
- Bachelor's degree or higher
- 14.8%
- Graduate or professional degree
- 7.4%
- Households with broadband
- 79.4%
- Cable, fiber or DSL
- 55.6%
- No internet access
- 20.6%
- Without health insurance
- 12.5%
- Limited-English households
- 0%
Geography
- City (USPS)
- Beaver Bay
- State
- Minnesota
- County
- Lake County
- Center point
- 47.2356° N, 91.3659° W
- Land area
- 15 sq mi
- Water area
- 0.2 sq mi
- Time zone
- Central Time (UTC-6, UTC-5 in summer)
- Zip type
- Residential delivery area
Cities and towns within this zip
- Beaver Bay5% of zip
Census places overlapping the zip's area. Mail may use a different city name than the municipality.
Zip codes near 55601
| Zip | City | Distance | IncomeMedian income |
|---|---|---|---|
| 55614 | Silver Bay, MN | 7.6 mi | $72,981 |
| 55616 | Two Harbors, MN | 15 mi | $76,127 |
| 55603 | Finland, MN | 23 mi | $61,875 |
| 55602 | Brimson, MN | 27 mi | $73,750 |
| 55609 | Knife River, MN | 27 mi | $78,208 |
| 55607 | Isabella, MN | 27 mi | $87,857 |
| 55613 | Schroeder, MN | 29 mi | $58,958 |
| 54844 | Herbster, WI | 32 mi | $63,036 |
| 54827 | Cornucopia, WI | 32 mi | $90,000 |
| 54865 | Port Wing, WI | 33 mi | $61,875 |
| 54814 | Bayfield, WI | 34 mi | $63,682 |
| 55804 | Duluth, MN | 34 mi | $111,228 |
Questions about 55601
What city is zip code 55601?
55601 is assigned to Beaver Bay, Minnesota. The city name is the one the Postal Service prefers for mail addressed to this zip code.
What county is 55601 in?
55601 is in Lake County, Minnesota.
What is the population of 55601?
About 128 people live in 55601, according to the Census Bureau's American Community Survey.
What time zone is 55601 in?
55601 is in Central Time.
What is the median household income in 55601?
The median household income in 55601 is $56,250.
What zip codes are near 55601?
The closest zip codes to 55601 are 55614, 55616, 55603, 55602, 55609.
Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 55601, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.