Loretto, MN · standard
ZIP Code 55357
Hennepin County, Minnesota — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 3,246
- 66/sq mi
- $152,500
- Median income
- $530,200
- Median home value
- 54.4%
- Bachelor's or higher
The verdict
Loretto pairs a top-decile household income with upper-quartile home values, in a rural, homeowner-dominated area.
- Top 4%
- household income, US ZIPs
- Top 12%
- home value, US ZIPs
- 66
- people per sq mi
- 94%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55357 against every reporting US ZIP.
ZIP code 55357 is classified by USPS as a standard delivery area and covers roughly 49.3 square miles in Loretto, Hennepin County, Minnesota. The area is home to 3,246 residents, producing a population density of 66 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 55357 against Minnesota and the nation.
On the economic side, the median household income for ZIP 55357 sits at $152,500 (86% above the Minnesota average), while per-capita income is $69,280. The poverty rate stands at 6.7% and the unemployment rate at 0.6%. On housing, the median home value is $530,200 (107% above the state average) with median rent at $628 per month, and 94.1% of occupied units are owner-occupied, a direct signal of whether 55357 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 54.4% of adults hold a bachelor's degree or higher, the median age is 46.3, and the average commute is 31 minutes. We also surface 9 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Hennepin County, so you can benchmark 55357 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 55357
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 55357.
- Construction
Construction
41 establishments
- Administrative and support and waste management and remediation services
Administrative and support and waste management and remediation services
26 establishments
- Professional, scientific, and technical services 16
Professional, scientific, and technical services
16 establishments
- Wholesale trade 12
Wholesale trade
12 establishments
- Other services (except public administration) 12
Other services (except public administration)
12 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 55357, Loretto, 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
3,246
Population
49.3
Area (sq mi)
66
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 55357?
46.3
Median Age
53.1%
Male
46.9%
Female
2.4%
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?
$152,500
Median Household Income
+86% vs state
$69,280
Per Capita Income
6.7%
Poverty Rate
0.6%
Unemployment Rate
31.4 min
Mean Commute Time
How ZIP 55357 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$152,500 Top 4% higher than 96% 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?
1,232
Total Housing Units
1,194
Occupied Units
38
Vacant Units
2.86
Avg Household Size
Occupancy Type
$530,200
Median Home Value
+107% vs state
$628
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
-0.2%
YoY Change (2024)
210
HPI Index (2000 = 100)
+110%
Total Change Since 2000
Home values in ZIP 55357 have decreased 0.2% over the past year (2024). Since 2000, this ZIP has seen +110% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +4.4% | 163 |
| 2021 | +8.7% | 177 |
| 2022 | +7.6% | 190 |
| 2023 | +10.7% | 211 |
| 2024 | -0.2% | 210 |
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 146 business establishments in ZIP 55357, employing approximately 1,089 people with a combined annual payroll of $70,138,000.
146
Businesses
1,089
Employees
$70.1M
Annual Payroll
12
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 41 | 28.1% |
| Administrative and support and waste management and remediation services | 26 | 17.8% |
| Professional, scientific, and technical services | 16 | 11.0% |
| Wholesale trade | 12 | 8.2% |
| Other services (except public administration) | 12 | 8.2% |
| Accommodation and food services | 8 | 5.5% |
| Real estate and rental and leasing | 7 | 4.8% |
| Retail trade | 6 | 4.1% |
| Manufacturing | 5 | 3.4% |
| Transportation and warehousing | 5 | 3.4% |
| Finance and insurance | 3 | 2.0% |
| Health care and social assistance | 3 | 2.0% |
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 55357 vs 55341 →
ZIP 55357 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 55376
Saint Michael (55376)
16,242 residents
- 55391
Wayzata (55391)
14,486 residents
- 55374
Rogers (55374)
13,576 residents
- 55301
Albertville (55301)
10,535 residents
- 55340 6,327
Hamel (55340)
6,327 residents
- 55359 5,954
Maple Plain (55359)
5,954 residents
- 55373 5,600
Rockford (55373)
5,600 residents
- 55356 5,311
Long Lake (55356)
5,311 residents
- 55357 3,246
Loretto (55357)
3,246 residents
What this shows Among its immediate neighbors, ZIP 55357 ranks #9 by population — useful context the national average alone can't give.
ZIP 55357 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 55340
Hamel (55340)
$178,553 median income
- 55391
Wayzata (55391)
$174,301 median income
- 55341
Hanover (55341)
$157,071 median income
- 55356
Long Lake (55356)
$156,622 median income
- 55357
Loretto (55357)
$152,500 median income
- 55374
Rogers (55374)
$144,714 median income
- 55376
Saint Michael (55376)
$131,266 median income
- 55359
Maple Plain (55359)
$129,250 median income
- 55301
Albertville (55301)
$129,232 median income
What this shows By household income, ZIP 55357 ranks #5 of 9 neighboring ZIPs — local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 55341 | Hanover, MN | 2,850 | 4.2 mi |
| 55373 | Rockford, MN | 5,600 | 3.2 mi |
| 55340 | Hamel, MN | 6,327 | 4.4 mi |
| 55359 | Maple Plain, MN | 5,954 | 6.8 mi |
| 55376 | Saint Michael, MN | 16,242 | 7.8 mi |
| 55301 | Albertville, MN | 10,535 | 10.3 mi |
| 55374 | Rogers, MN | 13,576 | 6.6 mi |
| 55356 | Long Lake, MN | 5,311 | 8.1 mi |
| 55391 | Wayzata, MN | 14,486 | 11.2 mi |
More ZIP Codes in Hennepin County
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Frequently Asked Questions
What county is ZIP code 55357 in? ▼
What is the population of ZIP code 55357? ▼
What is the median household income in ZIP 55357? ▼
What is the average home value in ZIP 55357? ▼
What is the demographic makeup of ZIP 55357? ▼
How many businesses are in ZIP code 55357? ▼
What are the main industries in ZIP code 55357? ▼
How have home values changed in ZIP code 55357? ▼
What is the education level in ZIP code 55357? ▼
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What percentage of residents own vs. rent in ZIP 55357? ▼
What is the poverty rate in ZIP code 55357? ▼
ZIP Code Research Guides
Official Data Resources for Loretto, 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.