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.

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 · ZIP Code Business Patterns (ZBP) As of 2023

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

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 55009?

44.6

Median Age

51.0%

Male

49.0%

Female

1.2%

Foreign-Born

White 93.1%
African American 0.4%
Asian 0.3%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 4.2%
Hispanic or Latino 0.4%

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

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). This entry sits in this band. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

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?

High School Graduate or Higher 61.4%
Bachelor's Degree or Higher 28.6%

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

Owner 81.9%
Renter 18.1%

$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)

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.

residents

What this shows Among its immediate neighbors, ZIP 55009 ranks the most populous — useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 55009 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

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.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
55018 Dennison, MN 997 7.7 mi
55031 Hampton, MN 2,035 9.9 mi
55089 Welch, MN 1,814 10.0 mi

More ZIP Codes in Goodhue County

Frequently Asked Questions

What county is ZIP code 55009 in?
ZIP code 55009 (Cannon Falls) is located in Goodhue County, Minnesota. Goodhue County contains multiple ZIP codes, see the full list at /counties/goodhue-mn.
What is the population of ZIP code 55009?
ZIP code 55009 in Cannon Falls, MN has a population of 8,030 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 55009?
The median household income in ZIP 55009 is $91,295, which is 20% above the national average of $76,288.
What is the average home value in ZIP 55009?
The median home value in ZIP 55009 is $331,300, which is 19% above the national average of $278,155.
What is the demographic makeup of ZIP 55009?
The largest racial group in ZIP 55009 is White at 93.1%. Hispanic or Latino residents make up 0.4% of the population.
How many businesses are in ZIP code 55009?
ZIP code 55009 has 242 business establishments employing approximately 2,621 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 55009?
The top industries by establishment count in ZIP 55009 are: Construction (33), Other services (except public administration) (32), Manufacturing (31). There are 13 industry sectors represented in total.
How have home values changed in ZIP code 55009?
According to the FHFA House Price Index, home values in ZIP 55009 increased by 0.5% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 114%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 55009?
In ZIP code 55009, 61.4% of residents aged 25+ have a high school diploma or higher, and 28.6% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 55009?
The mean commute time for workers in ZIP code 55009 is 24.2 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 55009?
In ZIP code 55009, approximately 81.9% of occupied housing units are owner-occupied and 18.1% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 55009?
The poverty rate in ZIP code 55009 is 7.0% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Cannon Falls, MN

Verify and explore additional data for this area using these official government sources.