ZipCodeLook
55731

Zip code 55731: Ely, Minnesota

Residential delivery areaLake CountyCentral Time
Population
5,361
Median household income
$62K
U.S. $81K
Median home value
$206K
U.S. $333K
Median rent
$644/mo
U.S. $1,413
Median age
60.3
U.S. 38.9
Land area
1,607 sq mi
3 people/sq mi

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

About 55731

55731 is a rural zip code in Ely, Minnesota (Lake County), covering 1,607 sq mi of land. About 5,361 people live here, or 3 per square mile. The median resident is 60.3 years old, compared with 38.9 nationally.

The median household earns $62,008 a year, 23% below the national median of $80,734. 10.1% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $206,000, or 3.3 years of median household income (U.S.: 4.1 years), which makes homes about as affordable as the national average for local earners. 75% of occupied homes are lived in by their owners, and renters pay a median of $644 a month.

41% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 15.3 minutes each way, and 11% of workers work from home. The most common jobs among working residents are in management; construction and repair; and healthcare.

How 55731 compares

Sorted from highest to lowest national percentile

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

Median age
60.3
Under 18
8.2%
65 and over
36%

Race and ethnicity

  • White94%
  • Black1%
  • Hispanic1%
  • Asian0.1%
  • Native American0.1%
  • Pacific Islander0%
  • Other0.9%
  • Multiracial2%
Diversity index
11
U.S. 61.4
Foreign-born
1.8%
U.S. 14.1%
Born in state
63.5%

Language spoken at home (households)

English only
97%
Spanish
0.6%
Other Indo-European
1%
Asian / Pacific
0.1%
Other
1%

Households

Households
2,881
Average household size
1.8
Family households
45.7%
Married couples
39.4%
Living alone
45.6%
Veterans (of adults)
8.3%
Male / female
50% / 50%

Income and poverty

Household income distribution

<$25k
20%
$25–50k
23%
$50–75k
14%
$75–100k
13%
$100–150k
16%
$150–200k
9%
$200k+
4%

Median household income

55731
$62,008
Lake Co.
$75,541
Minnesota
$89,062
United States
$80,734
Per capita income
$42,041
U.S. $44,673
Poverty rate
10.1%
U.S. 12.5%
Households earning $150K+
13.4%
U.S. 23%
Income inequality (Gini)
0.447
U.S. 0.483

Housing

Median home value

55731
$206,000
Lake Co.
$241,300
Minnesota
$329,300
United States
$332,700

Median gross rent

55731
$644
Lake Co.
$1,093
Minnesota
$1,280
United States
$1,413

Types of housing

Single-family
85%
2–4 units
4%
5–19 units
2%
20+ units
7%
Mobile home
2%
Boat, RV, van
0%
Housing units
4,915
Owner-occupied
75%
Vacant
41.4%
Median year built
1972
Median rooms
5.3
Renters paying 30%+ of income
55.5%
Renters paying 50%+ of income
34%
Home value to income
3.3× (U.S. 4.1×)

Work and commute

How people get to work

Drove alone
61%
Carpooled
11%
Transit
0.0%
Walked
14%
Bicycle
2%
Worked from home
11%
Other
1%

Commute time (one way)

<10 min
44%
10–19
28%
20–29
13%
30–44
7%
45–59
6%
60+
2%
Average commute
15.3 min
U.S. 26.4 min
Unemployment
2.2%
U.S. 5.2%
In labor force
51.8%
U.S. 63.5%

Jobs and careers

What employed residents do, wherever they work

Occupations

Management
14%
Construction and repair
12%
Healthcare
10%
Office and admin
10%
Education
7%
Sales
7%
Cleaning and personal care
7%
Food service
7%
Production
6%
Business and finance
6%
Engineering and science
5%
Legal and social services
3%
Transportation and moving
3%
Arts, media and sports
2%
Police and fire
1%
Computer and math
0.6%
Farming, fishing and forestry
0.2%

Industries

Health care and social assistance
12%
Restaurants and hotels
10%
Other services
9%
Education
9%
Retail
9%
Manufacturing
8%
Construction
7%
Agriculture and mining
6%
Public administration
6%
Finance, insurance and real estate
6%
Professional and technical services
5%
Transportation, warehousing and utilities
4%
Arts and recreation
4%
Admin, support and management
3%
Information
1%
Wholesale
0.4%
Median earnings per worker
$42,539
U.S. $49,666
Self-employed
11.5%
U.S. 10%
Government workers
20.2%
U.S. 14.5%
Nonprofit workers
18.8%
U.S. 8.8%

Median earnings by type of work

Type of work55731U.S.
Management, business, science and arts$48,973$74,888
Service$26,439$26,804
Sales and office$33,750$40,476
Construction and maintenance$52,500$49,199
Production and transportation$29,490$39,989

Education, internet and health coverage

Highest education (adults 25+)

No diploma
6%
High school
19%
Some college
22%
Associate's
13%
Bachelor's
26%
Graduate
14%
High school graduate or higher
94.4%
Bachelor's degree or higher
40.5%
Graduate or professional degree
14.3%
Households with broadband
88.9%
Cable, fiber or DSL
62.8%
No internet access
8.9%
Without health insurance
5.7%
Limited-English households
1.1%

Geography

City (USPS)
Ely
Center point
47.9969° N, 91.7540° W
Land area
1,607 sq mi
Water area
272 sq mi
Time zone
Central Time (UTC-6, UTC-5 in summer)
Zip type
Residential delivery area

55731 spans 2 counties

Zip codes near 55731

ZipCityDistanceIncome
55796Winton5 mi$52,344
55782Soudan24 mi$56,420
55706Babbitt25 mi$56,750
55607Isabella28 mi$87,857
55790Tower31 mi$77,232
55732Embarrass31 mi$64,750
55750Hoyt Lakes34 mi$65,833
55603Finland40 mi$61,875
55708Biwabik42 mi$66,389
55705Aurora44 mi$56,208
55792Virginia44 mi$53,750
55741Gilbert47 mi$69,545

Zip codes like 55731 elsewhere

Matched on income, home values, age, density, education, housing and commuting

Questions about 55731

What city is zip code 55731?

55731 is assigned to Ely, Minnesota. The city name is the one the Postal Service prefers for mail addressed to this zip code.

What county is 55731 in?

55731 is mostly in Lake County, but it extends into 1 other county.

What is the population of 55731?

About 5,361 people live in 55731, according to the Census Bureau's American Community Survey.

What time zone is 55731 in?

55731 is in Central Time.

What is the median household income in 55731?

The median household income in 55731 is $62,008.

What zip codes are near 55731?

The closest zip codes to 55731 are 55796, 55782, 55706, 55607, 55790.

Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 55731, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.