PlainZIP

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 covers 49.3 square miles in Loretto, Hennepin County, Minnesota (a standard USPS delivery area), with a modest 3,246 residents on file, a density of 66 people per square mile, in the Chicago time zone.

ZIP 55357 skews affluent, with a median household income of $152,500 (86% above the Minnesota average), while per-capita income is $69,280. Poverty here runs at 6.7%, with unemployment measured at 0.6%. Median home value sits at $530,200 (107% above the state average), median rent at $628 a month, and owner-occupancy at 94.1%.

This is a highly-educated ZIP: 54.4% of adults hold a bachelor's degree or higher, the median age is 46.3, and the average commute is 31 minutes. To put 55357 in local context, 9 ZIP codes within roughly 10 miles appear further down this page alongside 6 additional ZIPs in Hennepin County, for a geography-aware comparison.

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 55357

Top 5 sectors by establishment count in Loretto, MN

Which industries have the most business establishments in ZIP 55357.

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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, 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; 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

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 55357?

46.3

Median Age

53.1%

Male

46.9%

Female

2.4%

Foreign-Born

White 91.1%
African American 1.6%
Asian 0.4%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 5.3%
Hispanic or Latino 4.5%

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

Loretto, MN 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

$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%). Below this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Below this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Below this entry. $140,000–$160,000: 686 US ZIPs (2%). This entry sits in this band. $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 68.6%
Bachelor's Degree or Higher 54.4%

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

Owner 94.1%
Renter 5.9%

$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.

residents

What this shows Among its immediate neighbors, ZIP 55357 ranks #9 by population - useful context the national average alone can't give.

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

ZIP 55357 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 55357 ranks #5 of 9 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
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

55407 standard
Minneapolis, MN
Pop: 37,881
55423 standard
Minneapolis, MN
Pop: 35,375
55311 standard
Maple Grove, MN
Pop: 32,788
55369 standard
Osseo, MN
Pop: 32,524
55443 standard
Minneapolis, MN
Pop: 32,462
55406 standard
Minneapolis, MN
Pop: 32,112

Related Areas

Hennepin County Loretto, MN Minnesota

Frequently Asked Questions

What county is ZIP code 55357 in? ▼
ZIP code 55357 (Loretto) is located in Hennepin County, Minnesota. Hennepin County contains multiple ZIP codes, see the full list at /counties/hennepin-mn.
What is the population of ZIP code 55357? ▼
ZIP code 55357 in Loretto, MN has a population of 3,246 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 55357? ▼
The median household income in ZIP 55357 is $152,500, which is 100% above the national average of $76,288.
What is the average home value in ZIP 55357? ▼
The median home value in ZIP 55357 is $530,200, which is 91% above the national average of $278,155.
What is the demographic makeup of ZIP 55357? ▼
The largest racial group in ZIP 55357 is White at 91.1%. Hispanic or Latino residents make up 4.5% of the population.
How many businesses are in ZIP code 55357? ▼
ZIP code 55357 has 146 business establishments employing approximately 1,089 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 55357? ▼
The top industries by establishment count in ZIP 55357 are: Construction (41), Administrative and support and waste management and remediation services (26), Professional, scientific, and technical services (16). There are 12 industry sectors represented in total.
How have home values changed in ZIP code 55357? ▼
According to the FHFA House Price Index, home values in ZIP 55357 decreased by 0.2% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 110%. 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 55357? ▼
In ZIP code 55357, 68.6% of residents aged 25+ have a high school diploma or higher, and 54.4% 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 55357? ▼
The mean commute time for workers in ZIP code 55357 is 31.4 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 55357? ▼
In ZIP code 55357, approximately 94.1% of occupied housing units are owner-occupied and 5.9% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 55357? ▼
The poverty rate in ZIP code 55357 is 6.7% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.