Residential delivery area · Minnesota
ZIP Code 55049: Medford, MN
ZIP code 55049 uses the postal name Medford, Minnesota and lies mostly in Steele County (91% of its land) with the rest in Rice County (Census 2020 ZIP-county file). About 2,600 people live there (Census Bureau, ACS 2020-2024). Median household income is $90,625 (Census Bureau, ACS 2020-2024). By Census place, 3% of its land lies in Medford; 97% is outside any Census place.
- ACS2020-24
- Census2020
- FHFA2025
- ZBP2023
- IRS2022
- Town
- Medford · its only residential ZIP
- County
- Steele County (91%); Rice County (9%)
- Census places
- Medford
- Micro area
- Owatonna, MN
- House district
- MN-1 119th Congress
- State
- Minnesota
- Time zone
- Central
- Land area
- 46.3 sq mi · 57 people per sq mi
Where is ZIP code 55049?
55049 centers on 44.177°, -93.238° and covers 46.3 square miles of land plus 0.1 of water. It borders 6 ZIP codes: 55060, 55021, 55052, 55946, 56093, 55985.
The map draws ZIP code areas only. For the streets inside 55049, open its center on OpenStreetMap.
Source: U.S. Census Bureau, 2020 ZCTA cartographic boundaries and the 2023 Gazetteer (2020 ZCTAs); ZIP-to-county shares, Census places and House districts (119th Congress) from the Census 2020 relationship files (shares of land); metro area from the OMB delineation (July 2023); town name and time zone from simplemaps US ZIP Codes (CC BY 4.0).
How does 55049 compare with the rest of Steele County?
| Measure | 55049 | In Steele County | In MN |
|---|---|---|---|
| People (ACS 2020-2024) | 2,636 | 5th of 11 | 366th of 881 |
| Median household income | $91k | 2nd of 10 | 191st of 545 |
| Median home value | $248k | 4th of 10 | 332nd of 558 |
Its median household income is higher than in 74% of U.S. residential ZIP codes, and it is denser than 45% of all U.S. residential ZIP codes. ZIP codes at the ACS caps ($250,000 or more for household income, $2,000,000 or more for home value) share the top rank.
Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B01003, B19013, B25077); ranks by PlainZIP over residential ZIP codes (ZCTAs).
How many people live in 55049?
The 2020 Census counted 2,619 people in 55049; the ACS, which samples households over 2020-2024, estimates 2,636. Between the 2010 and 2020 censuses its population grew 5.8% (its boundary stayed at least 90% the same).
- People, ACS 2020-2024
- 2,636
- 2020 Census count
- 2,619+5.8% since 2010 (2,476)
- Households
- 945
- Median age
- 38.7
Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B01003, B01002, B11001); 2020 Census (DHC P1); 2010 Census (SF1 P1).
Who lives in 55049?
Of the 2,636 people the ACS estimates in 55049, 28.2% are under 18 and 12.8% are 65 or older. The largest group by race and Hispanic origin is White (not Hispanic) (78.6%), then Hispanic or Latino (17.6%).
- Under 1828.2%
- 18 to 6459.0%
- 65 and older12.8%
- White, not Hispanic78.6%
- Hispanic or Latino17.6%
- Other or two or more1.9%
- Asian, not Hispanic1.3%
- Black, not Hispanic0.6%
Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B01001 age by sex, B03002 Hispanic or Latino origin by race); shares of the estimated population, small ZIP codes carry wide margins.
What do households in 55049 earn?
Median household income is $90,625 (ACS 2020-2024), the 2nd highest of the 10 ranked ZIP codes in Steele County. It is not measurably different from 2015-2019 ($89,639 in 2024 dollars): the change is within the surveys' margins of error.
- Median household income
- $90,625±$9,233
- Income per person
- $40,500
- Below the poverty line
- 6.9%
- Unemployed (of the labor force)
- 2.9%
- Adults 25+ with a bachelor's degree
- 22.0%
- Adjusted gross income per tax return, 2022
- $70,1781,340 returns; wages 76% of AGI (IRS)
Source: U.S. Census Bureau, ACS 2020-2024 and 2015-2019 5-year estimates (B19013, B19301, B17001, B23025, B15003; 2015-2019 dollars converted with the BLS CPI-U, 1.22699); IRS Statistics of Income, ZIP code data, tax year 2022 (adjusted gross income per return, filed under the address on the return).
What are homes worth in 55049?
FHFA's house price index for 55049, built from repeat sales and appraisals of the same homes, rose 80% from 2015 to 2025 and rose 40% from 2020 to 2025, and moved −4.5% in 2025.
- Median home value (owners' estimate)
- $247,800
- Median gross rent
- $1,302
- Homes owned by their occupants
- 86.0%
- Housing units
- 1,002
Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B25077, B25064, B25003, B25001); FHFA House Price Index, annual five-digit ZIP, updated 2026-03-31.
What businesses are in 55049?
67 business establishments had a location in this ZIP code in 2023, 4 fewer than in 2018; the most are in retail trade (ZIP Code Business Patterns).
- Retail trade17
- Construction12
- Transportation and warehousing7
- Health care and social assistance7
- Other services (except public administration)6
- Manufacturing5
Source: U.S. Census Bureau, ZIP Code Business Patterns 2023 and 2018 (establishments with paid employees, by the business's ZIP code).
Which ZIP codes are next to 55049?
| ZIP | Town | People | Household income | Distance |
|---|---|---|---|---|
| 55060 | Owatonna | 29,599 | $85k | 8.1 mi |
| 55021 | Faribault | 30,908 | $69k | 8.5 mi |
| 55052 | Morristown | 2,114 | $83k | 10.8 mi |
| 55946 | Kenyon | 3,395 | $86k | 15.4 mi |
| 56093 | Waseca | 12,672 | $73k | 16.0 mi |
| 55985 | West Concord | 1,759 | $84k | 16.6 mi |
| 55087 | Warsaw | 327 | $92k | 9.4 mi (near) |
| 56046 | Hope | 157 | $61k | 14.5 mi (near) |
| 55053 | Nerstrand | 995 | $101k | 14.7 mi (near) |
| 55924 | Claremont | 1,170 | $79k | 14.7 mi (near) |
Source: PlainZIP from the Census 2020 ZCTA boundaries (shared edges) and internal points; figures ACS 2020-2024.