Zip code 55603: Finland, Minnesota

Q: What city is zip code 55603?

55603 is assigned to Finland, Minnesota. The city name is the one the Postal Service prefers for mail addressed to this zip code.

Q: What county is 55603 in?

55603 is in Lake County, Minnesota.

Q: What is the population of 55603?

About 490 people live in 55603, according to the Census Bureau's American Community Survey.

Q: What is the median household income in 55603?

The median household income in 55603 is $61,875.

Q: What zip codes are near 55603?

The closest zip codes to 55603 are 55613, 55607, 55614, 55615, 55601.

Residential delivery areaLake CountyCentral Time

Population

490

Small sample: rough estimates

Median household income

$62K

U.S. $81K

Median home value

$217K

U.S. $333K

Median rent

$675/mo

U.S. $1,413

Median age

54.7

U.S. 38.9

Land area

308 sq mi

2 people/sq mi

Boundary is the Census Bureau's ZIP Code Tabulation Area, which closely tracks the postal delivery area.

About 55603

55603 is a rural zip code in Finland, Minnesota (Lake County), covering 308 sq mi of land. About 490 people live here, or 2 per square mile. The median resident is 54.7 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 $61,875 a year, 23% below the national median of $80,734. 14.7% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $216,700, or 3.5 years of median household income (U.S.: 4.1 years), which makes homes about as affordable as the national average for local earners. 90% of occupied homes are lived in by their owners, and renters pay a median of $675 a month.

16% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 28.9 minutes each way, and 12% of workers work from home. The most common jobs among working residents are in management, food service and education.

How 55603 compares

Sorted from highest to lowest national percentile

Only about 490 people live here, so these survey estimates have wide margins of error.

Housing vacancy39.7%
99th
U.S. 10.1% · MN 9.3%91st of 851 in MN
Government workers33.5%
99th
U.S. 14.5% · MN 12.9%14th of 852 in MN
Median age54.7
98th
U.S. 38.9 · MN 38.873rd of 854 in MN
Homeownership rate90%
96th
StrengthU.S. 65.2% · MN 72.2%200th of 851 in MN
Residents 65 and older25.7%
93rd
U.S. 17.2% · MN 17.3%186th of 854 in MN
Self-employed workers13.9%
87th
U.S. 10% · MN 9.3%323rd of 852 in MN
Veterans8.7%
83rd
U.S. 6.2% · MN 5.9%217th of 854 in MN
Unemployment rate6.3%
72nd
U.S. 5.2% · MN 4.1%124th of 853 in MN
Poverty rate14.7%
68th
U.S. 12.5% · MN 9.3%130th of 852 in MN
Average commute28.9 min
68th
U.S. 26.4 min · MN 22.7 min186th of 849 in MN
Tech workers3.1%
54th
U.S. 3.8% · MN 4%204th of 852 in MN
Work from home12%
46th
U.S. 15.1% · MN 17.6%412th of 852 in MN
Median earnings per worker$44,605
39th
U.S. $49,666 · MN $54,389640th of 851 in MN
Uninsured rate5.3%
36th
U.S. 8.4% · MN 4.7%283rd of 853 in MN
Per capita income$34,812
33rd
U.S. $44,673 · MN $48,237676th of 853 in MN
Income inequality (Gini)0.413
31st
U.S. 0.483 · MN 0.453404th of 848 in MN
Median home value$216,700
25th
U.S. $332,700 · MN $329,300491st of 842 in MN
Median household income$61,875
23rd
U.S. $80,734 · MN $89,062720th of 846 in MN
Bachelor's degree or higher15.9%
11th
WeaknessU.S. 35.7% · MN 39.4%722nd of 854 in MN
Foreign-born residents1%
6th
U.S. 14.1% · MN 8.7%579th of 854 in MN
Healthcare workers5.7%
6th
U.S. 9.7% · MN 10.9%770th of 852 in MN
Residents under 1812.9%
5th
U.S. 22% · MN 22.9%797th of 854 in MN
Broadband access77.3%
3rd
WeaknessU.S. 91% · MN 91.6%819th of 851 in MN
Median gross rent$675
2nd
U.S. $1,413 · MN $1,280660th of 757 in MN
Diversity index5.2
2nd
U.S. 61.4 · MN 41.1808th of 854 in MN
Population490
1st
U.S. 334,922,499 · MN 5,739,445709th of 854 in MN
Population density2/sq mi
1st
U.S. 95/sq mi · MN 72/sq mi842nd of 854 in MN
Rent-burdened renters8%
1st
StrengthU.S. 51.1% · MN 48.1%769th of 828 in MN

Measure	55603	Lake	MN	U.S.	National percentile	Rank in MN
Housing vacancy	39.7%	33.7%	9.3%	10.1%	99th	91st of 851
Government workers	33.5%	16.6%	12.9%	14.5%	99th	14th of 852
Median age	54.7	49.4	38.8	38.9	98th	73rd of 854
Homeownership rateStrength	90%	83.5%	72.2%	65.2%	96th	200th of 851
Residents 65 and older	25.7%	27.9%	17.3%	17.2%	93rd	186th of 854
Self-employed workers	13.9%	12.7%	9.3%	10%	87th	323rd of 852
Veterans	8.7%	7.8%	5.9%	6.2%	83rd	217th of 854
Unemployment rate	6.3%	2.6%	4.1%	5.2%	72nd	124th of 853
Poverty rate	14.7%	8.6%	9.3%	12.5%	68th	130th of 852
Average commute	28.9 min	24.8 min	22.7 min	26.4 min	68th	186th of 849
Tech workers	3.1%	0.9%	4%	3.8%	54th	204th of 852
Work from home	12%	13.2%	17.6%	15.1%	46th	412th of 852
Median earnings per worker	$44,605	$51,619	$54,389	$49,666	39th	640th of 851
Uninsured rate	5.3%	4.9%	4.7%	8.4%	36th	283rd of 853
Per capita income	$34,812	$41,362	$48,237	$44,673	33rd	676th of 853
Income inequality (Gini)	0.413	0.402	0.453	0.483	31st	404th of 848
Median home value	$216,700	$241,300	$329,300	$332,700	25th	491st of 842
Median household income	$61,875	$75,541	$89,062	$80,734	23rd	720th of 846
Bachelor's degree or higherWeakness	15.9%	26.8%	39.4%	35.7%	11th	722nd of 854
Foreign-born residents	1%	1.3%	8.7%	14.1%	6th	579th of 854
Healthcare workers	5.7%	8.7%	10.9%	9.7%	6th	770th of 852
Residents under 18	12.9%	19.1%	22.9%	22%	5th	797th of 854
Broadband accessWeakness	77.3%	87.6%	91.6%	91%	3rd	819th of 851
Median gross rent	$675	$1,093	$1,280	$1,413	2nd	660th of 757
Diversity index	5.2	10.9	41.1	61.4	2nd	808th of 854
Population	490	10,879	5,739,445	334,922,499	1st	709th of 854
Population density	2/sq mi	5/sq mi	72/sq mi	95/sq mi	1st	842nd of 854
Rent-burdened rentersStrength	8%	45%	48.1%	51.1%	1st	769th of 828

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

Under 5

5–17

18–24

25–34

12%

35–44

17%

45–54

23%

55–64

20%

65–74

75+

Median age

54.7

Under 18

12.9%

65 and over

25.7%

Race and ethnicity

White97%
Black0%
Hispanic0.6%
Asian0.6%
Native American0%
Pacific Islander0%
Other0%
Multiracial1%

Diversity index

5.2

U.S. 61.4

Foreign-born

U.S. 14.1%

Born in state

74.3%

Language spoken at home (households)

English only

87%

Spanish

Other Indo-European

Asian / Pacific

Other

10%

Households

Households: 251
Average household size: 2
Family households: 60.2%
Married couples: 52.6%
Living alone: 33.1%
Veterans (of adults): 8.7%
Male / female: 53% / 47%

Income and poverty

Household income distribution

<$25k

23%

$25–50k

22%

$50–75k

15%

$75–100k

14%

$100–150k

22%

$150–200k

$200k+

Median household income

55603

$61,875

Lake Co.

$75,541

Minnesota

$89,062

United States

$80,734

Per capita income

$34,812

U.S. $44,673

Poverty rate

14.7%

U.S. 12.5%

Households earning $150K+

5.2%

U.S. 23%

Income inequality (Gini)

0.413

U.S. 0.483

Housing

Median home value

55603

$216,700

Lake Co.

$241,300

Minnesota

$329,300

United States

$332,700

Median gross rent

55603

$675

Lake Co.

$1,093

Minnesota

$1,280

United States

$1,413

Types of housing

Single-family

91%

2–4 units

5–19 units

20+ units

0.7%

Mobile home

Boat, RV, van

Housing units: 416
Owner-occupied: 90%
Vacant: 39.7%
Median year built: 1974
Median rooms: 4.9
Renters paying 30%+ of income: 8%
Renters paying 50%+ of income: 0%
Home value to income: 3.5× (U.S. 4.1×)

Work and commute

How people get to work

Drove alone

82%

Carpooled

Transit

Walked

Bicycle

Worked from home

12%

Other

Commute time (one way)

<10 min

10–19

31%

20–29

17%

30–44

27%

45–59

14%

60+

Average commute

28.9 min

U.S. 26.4 min

Unemployment

6.3%

U.S. 5.2%

In labor force

47.9%

U.S. 63.5%

Jobs and careers

What employed residents do, wherever they work

Occupations

Management

20%

Food service

10%

Education

Construction and repair

Production

Office and admin

Business and finance

Healthcare

Sales

Police and fire

Cleaning and personal care

Transportation and moving

Computer and math

Engineering and science

Arts, media and sports

Legal and social services

Farming, fishing and forestry

Industries

Education

15%

Health care and social assistance

10%

Manufacturing

Construction

Retail

Arts and recreation

Agriculture and mining

Admin, support and management

Other services

Public administration

Restaurants and hotels

Finance, insurance and real estate

Professional and technical services

Transportation, warehousing and utilities

Information

Wholesale

Median earnings per worker

$44,605

U.S. $49,666

Self-employed

13.9%

U.S. 10%

Government workers

33.5%

U.S. 14.5%

Nonprofit workers

15.5%

U.S. 8.8%

Median earnings by type of work

Type of work	55603	U.S.
Management, business, science and arts	$57,750	$74,888
Service	$38,750	$26,804
Sales and office	$17,188	$40,476
Construction and maintenance	$68,333	$49,199
Production and transportation	$33,125	$39,989

Education, internet and health coverage

Highest education (adults 25+)

No diploma

High school

42%

Some college

20%

Associate's

14%

Bachelor's

10%

Graduate

High school graduate or higher: 92.2%
Bachelor's degree or higher: 15.9%
Graduate or professional degree: 6.4%
Households with broadband: 77.3%
Cable, fiber or DSL: 47.4%
No internet access: 22.7%
Without health insurance: 5.3%
Limited-English households: 1.2%

Geography

City (USPS): Finland
State: Minnesota
County: Lake County
Center point: 47.5508° N, 91.2064° W
Land area: 308 sq mi
Water area: 9.5 sq mi
Time zone: Central Time (UTC-6, UTC-5 in summer)
Zip type: Residential delivery area

Cities and towns within this zip

Finland (unincorporated)2% of zip

Census places overlapping the zip's area. Mail may use a different city name than the municipality.

Zip codes near 55603

Search by radius

Zip	City	Distance	Population	IncomeMedian income	Home value
55613	Schroeder, MN	10 mi	232	$58,958	$405,600
55607	Isabella, MN	15 mi	192	$87,857	$213,200
55614	Silver Bay, MN	16 mi	2,485	$72,981	$181,700
55615	Tofte, MN	21 mi	379	$61,042	$276,100
55601	Beaver Bay, MN	23 mi	128	$56,250	$242,400
55612	Lutsen, MN	29 mi	535	$81,042	$415,400
55616	Two Harbors, MN	31 mi	7,250	$76,127	$259,200
55750	Hoyt Lakes, MN	35 mi	2,068	$65,833	$93,300
55706	Babbitt, MN	37 mi	1,703	$56,750	$112,500
55602	Brimson, MN	38 mi	346	$73,750	$247,600
55796	Winton, MN	38 mi	135	$52,344	$95,700
55731	Ely, MN	40 mi	5,361	$62,008	$206,000

Questions about 55603

What city is zip code 55603?

55603 is assigned to Finland, Minnesota. The city name is the one the Postal Service prefers for mail addressed to this zip code.

What county is 55603 in?

55603 is in Lake County, Minnesota.

What is the population of 55603?

About 490 people live in 55603, according to the Census Bureau's American Community Survey.

What time zone is 55603 in?

55603 is in Central Time.

What is the median household income in 55603?

The median household income in 55603 is $61,875.

What zip codes are near 55603?

The closest zip codes to 55603 are 55613, 55607, 55614, 55615, 55601.

Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 55603, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.