Cannon Falls, MN · standard
ZIP Code 55009
Goodhue County, Minnesota — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 8,030
- 26/sq mi
- $91,295
- Median income
- $331,300
- Median home value
- 28.6%
- Bachelor's or higher
The verdict
Cannon Falls pairs an above-median household income with above-median home values, in a rural, homeowner-dominated area.
- Top 26%
- household income, US ZIPs
- Top 29%
- home value, US ZIPs
- 26
- people per sq mi
- 82%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55009 against every reporting US ZIP.
ZIP code 55009 is classified by USPS as a standard delivery area and covers roughly 314.9 square miles in Cannon Falls, Goodhue County, Minnesota. The area is home to 8,030 residents, producing a population density of 26 people per square mile, and falls within the Chicago time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 55009 against Minnesota and the nation.
On the economic side, the median household income for ZIP 55009 sits at $91,295 (11% above the Minnesota average), while per-capita income is $44,960. The poverty rate stands at 7.0% and the unemployment rate at 2.1%. On housing, the median home value is $331,300 (30% above the state average) with median rent at $1,172 per month, and 81.9% of occupied units are owner-occupied, a direct signal of whether 55009 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 28.6% of adults hold a bachelor's degree or higher, the median age is 44.6, and the average commute is 24 minutes. We also surface 3 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Goodhue County, so you can benchmark 55009 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 55009
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 55009.
- Construction
Construction
33 establishments
- Other services (except public administration)
Other services (except public administration)
32 establishments
- Manufacturing
Manufacturing
31 establishments
- Retail trade
Retail trade
30 establishments
- Health care and social assistance
Health care and social assistance
21 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 55009, Cannon Falls, MN · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.
Quick Facts
8,030
Population
314.9
Area (sq mi)
26
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 55009?
44.6
Median Age
51.0%
Male
49.0%
Female
1.2%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$91,295
Median Household Income
+11% vs state
$44,960
Per Capita Income
7.0%
Poverty Rate
2.1%
Unemployment Rate
24.2 min
Mean Commute Time
How ZIP 55009 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$91,295 Top 26% higher than 74% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau — ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
3,535
Total Housing Units
3,287
Occupied Units
248
Vacant Units
2.44
Avg Household Size
Occupancy Type
$331,300
Median Home Value
+30% vs state
$1,172
Median Rent
1974
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+0.5%
YoY Change (2024)
214
HPI Index (2000 = 100)
+114%
Total Change Since 2000
Home values in ZIP 55009 have increased 0.5% over the past year (2024). Since 2000, this ZIP has seen +114% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +2.3% | 157 |
| 2021 | +8.5% | 171 |
| 2022 | +15.7% | 197 |
| 2023 | +7.8% | 213 |
| 2024 | +0.5% | 214 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 242 business establishments in ZIP 55009, employing approximately 2,621 people with a combined annual payroll of $142,237,000.
242
Businesses
2,621
Employees
$142.2M
Annual Payroll
13
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 33 | 13.6% |
| Other services (except public administration) | 32 | 13.2% |
| Manufacturing | 31 | 12.8% |
| Retail trade | 30 | 12.4% |
| Health care and social assistance | 21 | 8.7% |
| Finance and insurance | 16 | 6.6% |
| Accommodation and food services | 14 | 5.8% |
| Transportation and warehousing | 13 | 5.4% |
| Professional, scientific, and technical services | 12 | 5.0% |
| Administrative and support and waste management and remediation services | 11 | 4.5% |
| Wholesale trade | 9 | 3.7% |
| Real estate and rental and leasing | 6 | 2.5% |
| Arts, entertainment, and recreation | 5 | 2.1% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 55009 vs 55018 →
ZIP 55009 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 55009
Cannon Falls (55009)
8,030 residents
- 55031 2,035
Hampton (55031)
2,035 residents
- 55089 1,814
Welch (55089)
1,814 residents
- 55018 997
Dennison (55018)
997 residents
What this shows Among its immediate neighbors, ZIP 55009 ranks the most populous — useful context the national average alone can't give.
ZIP 55009 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 55031
Hampton (55031)
$114,338 median income
- 55089
Welch (55089)
$108,750 median income
- 55009
Cannon Falls (55009)
$91,295 median income
- 55018
Dennison (55018)
$83,854 median income
What this shows By household income, ZIP 55009 ranks #3 of 4 neighboring ZIPs — local affluence varies block to block, not just metro to metro.
More ZIP Codes in Goodhue County
Related Areas
Frequently Asked Questions
What county is ZIP code 55009 in? ▼
What is the population of ZIP code 55009? ▼
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What is the demographic makeup of ZIP 55009? ▼
How many businesses are in ZIP code 55009? ▼
What are the main industries in ZIP code 55009? ▼
How have home values changed in ZIP code 55009? ▼
What is the education level in ZIP code 55009? ▼
What is the average commute time in ZIP 55009? ▼
What percentage of residents own vs. rent in ZIP 55009? ▼
What is the poverty rate in ZIP code 55009? ▼
ZIP Code Research Guides
Official Data Resources for Cannon Falls, MN
Verify and explore additional data for this area using these official government sources.
Read our methodology to see how this data is sourced, computed, and verified.