ZIP 55357 vs ZIP 55341

Source:

Loretto, MN — Hanover, MN

This side-by-side compares ZIP 55357 (Loretto, MN) and ZIP 55341 (Hanover, MN) using the same Census ACS 5-Year table fields for both — no averages swapped in, no national proxies. ZIP 55357 has a population of 3,246 at 66 people per square mile, while ZIP 55341 has 2,850 at 232 per square mile. That difference in population size and density alone reshapes how every other metric should be interpreted — a higher-income ZIP with 1,200 residents behaves very differently from one with 45,000.

On income and education, ZIP 55357 reports a median household income of $152,500 against $157,071 in ZIP 55341, with per-capita income of $69,280 vs $55,018. The share of adults holding a bachelor's degree or higher is 54.4% in 55357 and 53.5% in 55341. Poverty rate reads 6.7% vs 0.6%, and unemployment 0.6% vs 1.3% — these four fields alone drive most of the difference in the scorecard grades you will see for each ZIP.

Housing separates these two ZIPs further: median home value sits at $530,200 in 55357 versus $450,300 in 55341, with median rent of $628 and $1,853 per month respectively. Homeownership rate is 94.1% vs 92.8%. When reading the comparison table below, focus on paired metrics rather than single winners — a ZIP with lower home values and lower income is not strictly "worse" if rent-to-income ratios and commute times land in the same zone. Every value is pulled from the exact same ACS table so the two columns are genuinely comparable.

Compare different ZIP codes:

vs
Metric
55357
Loretto, MN
55341
Hanover, MN
Population 3,246 2,850
Median Household Income $152,500 $157,071
Per Capita Income $69,280 $55,018
Median Age 46.3 35.8
Bachelor's Degree or Higher 54.4% 53.5%
Poverty Rate 6.7% 0.6%
Unemployment Rate 0.6% 1.3%
Median Home Value $530,200 $450,300
Median Rent (monthly) $628 $1,853
Homeownership Rate 94.1% 92.8%
Population Density (per sq mi) 66 232

Values highlighted in green indicate the better metric where applicable. Source: U.S. Census Bureau ACS 2023.

Full Profile
55357
Loretto, MN
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55341
Hanover, MN
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What are common questions about this comparison?

How do ZIP codes 55357 and 55341 compare?
ZIP 55357 (Loretto, MN) has a population of 3,246 and a median household income of $152,500. ZIP 55341 (Hanover, MN) has a population of 2,850 and a median household income of $157,071.
Which ZIP code has higher income, 55357 or 55341?
ZIP 55341 (Hanover, MN) has a higher median household income of $157,071 compared to $152,500 for ZIP 55357.
How do I compare two ZIP codes on PlainZIP?
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All data sourced from the U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2023).

PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.

Data sourced from official U.S. Census ACS and HUD-USPS ZIP crosswalk data. See our methodology for details. Retrieved and formatted by PlainZIP Editorial.