Shafer, MN · standard
ZIP Code 55074
Chisago County, Minnesota - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 2,222
- 25/sq mi Moderate-density area
- $106,625
- Median income Above-median income area
- $297,500
- Median home value Above-median home value
- 24.6%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Shafer pairs an upper-quartile household income with above-median home values, in a rural, homeowner-dominated area.
- Top 15%
- household income, US ZIPs
- Top 34%
- home value, US ZIPs
- 25
- people per sq mi
- 90%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55074 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 55074 (Shafer, MN) rose +1.1% from 2023 to 2024. The all-transactions index moved from 214.7 in 2023 to 217.0 in 2024 (2000 = 100).
ZIP code 55074 covers 90.0 square miles in Shafer, Chisago County, Minnesota (a standard USPS delivery area), with a modest 2,222 residents on file, a density of 25 people per square mile, in the Chicago time zone.
ZIP 55074 lands in the middle-income range, with a median household income of $106,625 (30% above the average Minnesota ZIP), while per-capita income is $44,752. Both reported hardship measures are comparatively low in absolute terms: poverty is 5.4% and unemployment is 1.6%. Housing is both higher-cost and owner-heavy: median home value is $297,500 (16% above the average Minnesota ZIP), while 90.2% of occupied homes are owner-occupied and median rent is $962.
Educational attainment sits below the national norm: 24.6% of adults hold a bachelor's degree or higher, the median age is 40.1, and the average commute is 38 minutes. The page also surfaces 6 ZIP codes within roughly 10 miles and 6 more in Chisago County, so 55074 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 55074
Top 5 sectors by establishment count in Shafer, MN
Which industries have the most business establishments in ZIP 55074.
- Construction
Construction
12 establishments
- Manufacturing 3
Manufacturing
3 establishments
- Retail trade 3
Retail trade
3 establishments
- Arts, entertainment, and recreation 3
Arts, entertainment, and recreation
3 establishments
- Other services (except public administration) 3
Other services (except public administration)
3 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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 55074, Shafer, MN · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
2,222
Population
90.0
Area (sq mi)
25
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 55074?
40.1
Median Age
52.9%
Male
47.1%
Female
3.1%
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?
$106,625
Median Household Income
+30% vs state ZIP avg
$44,752
Per Capita Income
5.4%
Poverty Rate
1.6%
Unemployment Rate
37.5 min
Mean Commute Time
How ZIP 55074 ranks among Minnesota ZIPs
Shafer, MN household income vs. every Minnesota ZIP code
Median household income among 864 reporting Minnesota ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$106,625 Top 12% higher than 88% of 864 Minnesota ZIPs
Each bar is a $20K-wide band; taller bars hold more Minnesota 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?
Housing stock: occupied vs vacant
939housing units
939
Total Housing Units
901
Occupied Units
38
Vacant Units
2.65
Avg Household Size
Occupancy Type
$297,500
Median Home Value
+16% vs state ZIP avg
$962
Median Rent
1993
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
+1.1%
YoY Change (2024)
217
HPI Index (2000 = 100)
+117%
Total Change Since 2000
Home values in ZIP 55074 have increased 1.1% over the past year (2024). Since 2000, this ZIP has seen +117% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +9.0% | 163 |
| 2021 | +12.1% | 182 |
| 2022 | +12.9% | 206 |
| 2023 | +4.2% | 215 |
| 2024 | +1.1% | 217 |
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 40 business establishments in ZIP 55074, employing approximately 175 people with a combined annual payroll of $27,110,000.
40
Businesses
175
Employees
$27.1M
Annual Payroll
5
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 12 | 30.0% |
| Manufacturing | 3 | 7.5% |
| Retail trade | 3 | 7.5% |
| Arts, entertainment, and recreation | 3 | 7.5% |
| Other services (except public administration) | 3 | 7.5% |
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 55074 vs 55084 →
ZIP 55074 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 55045
Lindstrom (55045)
7,577 residents
- 54020
Osceola (54020)
7,260 residents
- 54024
Saint Croix Falls (54024)
4,811 residents
- 55073
Scandia (55073)
3,237 residents
- 55074 2,222
Shafer (55074)
2,222 residents
- 55012 2,078
Center City (55012)
2,078 residents
- 55084 1,628
Taylors Falls (55084)
1,628 residents
What this shows Among its immediate neighbors, ZIP 55074 ranks #5 by population - useful context the national average alone can't give.
ZIP 55074 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 55073
Scandia (55073)
$128,723 median income
- 55045
Lindstrom (55045)
$108,929 median income
- 55074
Shafer (55074)
$106,625 median income
- 55012
Center City (55012)
$101,607 median income
- 55084
Taylors Falls (55084)
$94,297 median income
- 54024
Saint Croix Falls (54024)
$75,417 median income
- 54020
Osceola (54020)
$74,702 median income
What this shows By household income, ZIP 55074 ranks #3 of 7 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 55074, both outside MN so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (2,222 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Chisago County
Related Areas
Frequently Asked Questions
What county is ZIP code 55074 in?
ZIP code 55074 (Shafer) is located in Chisago County, Minnesota. Chisago County contains multiple ZIP codes, see the full list at /counties/chisago-mn.
What is the population of ZIP code 55074?
ZIP code 55074 in Shafer, MN has a population of 2,222 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 55074?
The median household income in ZIP 55074 is $106,625, which is 40% above the national average of $76,288.
What is the average home value in ZIP 55074?
The median home value in ZIP 55074 is $297,500, which is 7% above the national average of $278,155.
What is the demographic makeup of ZIP 55074?
The largest racial group in ZIP 55074 is White at 87.4%. Hispanic or Latino residents make up 4.7% of the population.
How many businesses are in ZIP code 55074?
ZIP code 55074 has 40 business establishments employing approximately 175 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 55074?
The top industries by establishment count in ZIP 55074 are: Construction (12), Manufacturing (3), Retail trade (3). There are 5 industry sectors represented in total.
How have home values changed in ZIP code 55074?
According to the FHFA House Price Index, home values in ZIP 55074 increased by 1.1% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 117%. 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 55074?
In ZIP code 55074, 56.5% of residents aged 25+ have a high school diploma or higher, and 24.6% 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 55074?
The mean commute time for workers in ZIP code 55074 is 37.5 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 55074?
In ZIP code 55074, approximately 90.2% of occupied housing units are owner-occupied and 9.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 55074?
The poverty rate in ZIP code 55074 is 5.4% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 55074's numbers, next.
- See how ZIP 55074 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Shafer, MN ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.