Montrose, MN · standard

ZIP Code 55363

Wright County, Minnesota — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

4,496
64/sq mi
$101,989
Median income
$296,800
Median home value
30.7%
Bachelor's or higher

The verdict

Montrose pairs an upper-quartile household income with above-median home values, in a rural, homeowner-dominated area.

Top 18%
household income, US ZIPs
Top 34%
home value, US ZIPs
64
people per sq mi
80%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55363 against every reporting US ZIP.

ZIP code 55363 is classified by USPS as a standard delivery area and covers roughly 70.1 square miles in Montrose, Wright County, Minnesota. The area is home to 4,496 residents, producing a population density of 64 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 55363 against Minnesota and the nation.

On the economic side, the median household income for ZIP 55363 sits at $101,989 (24% above the Minnesota average), while per-capita income is $36,746. The poverty rate stands at 10.5% and the unemployment rate at 4.0%. On housing, the median home value is $296,800 (16% above the state average) with median rent at $1,405 per month, and 79.9% of occupied units are owner-occupied, a direct signal of whether 55363 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 30.7% of adults hold a bachelor's degree or higher, the median age is 34, and the average commute is 33 minutes. We also surface 6 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Wright County, so you can benchmark 55363 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 55363

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 55363.

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 55363, Montrose, 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

4,496

Population

70.1

Area (sq mi)

64

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 55363?

34.0

Median Age

52.4%

Male

47.6%

Female

3.9%

Foreign-Born

White 83.5%
African American 0.1%
Asian 0.0%
American Indian or Alaska Native 0.3%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 15.0%
Hispanic or Latino 8.6%

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?

$101,989

Median Household Income

+24% vs state

$36,746

Per Capita Income

10.5%

Poverty Rate

4.0%

Unemployment Rate

32.7 min

Mean Commute Time

How ZIP 55363 ranks nationally

Household income vs. every US ZIP code

Median household income — the full national distribution, with this ZIP marked

$101,989 Top 18% higher than 82% 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%). This entry sits in this band. $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 59.1%
Bachelor's Degree or Higher 30.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

2,093

Total Housing Units

1,956

Occupied Units

137

Vacant Units

2.97

Avg Household Size

Occupancy Type

Owner 79.9%
Renter 20.1%

$296,800

Median Home Value

+16% vs state

$1,405

Median Rent

1998

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

+2.1%

YoY Change (2024)

234

HPI Index (2000 = 100)

+134%

Total Change Since 2000

Home values in ZIP 55363 have increased 2.1% over the past year (2024). Since 2000, this ZIP has seen +134% cumulative appreciation.

Year Annual Change HPI Index
2020 +1.8% 173
2021 +10.7% 192
2022 +14.8% 220
2023 +3.7% 229
2024 +2.1% 234

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 79 business establishments in ZIP 55363, employing approximately 860 people with a combined annual payroll of $42,173,000.

79

Businesses

860

Employees

$42.2M

Annual Payroll

9

Industry Sectors

Industry Establishments % of Total
Construction 25 31.6%
Other services (except public administration) 10 12.7%
Retail trade 9 11.4%
Health care and social assistance 6 7.6%
Transportation and warehousing 5 6.3%
Administrative and support and waste management and remediation services 5 6.3%
Professional, scientific, and technical services 4 5.1%
Wholesale trade 3 3.8%
Accommodation and food services 3 3.8%

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 55363 vs 55390 →

ZIP 55363 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 55363 ranks #4 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 55363 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 55363 ranks #4 of 7 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
55390 Waverly, MN 2,473 3.5 mi
55328 Delano, MN 8,541 5.0 mi
55360 Mayer, MN 2,672 9.4 mi
55388 Watertown, MN 5,619 7.3 mi
55313 Buffalo, MN 23,255 9.5 mi
55367 New Germany, MN 913 10.8 mi

More ZIP Codes in Wright County

Frequently Asked Questions

What county is ZIP code 55363 in?
ZIP code 55363 (Montrose) is located in Wright County, Minnesota. Wright County contains multiple ZIP codes, see the full list at /counties/wright-mn.
What is the population of ZIP code 55363?
ZIP code 55363 in Montrose, MN has a population of 4,496 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 55363?
The median household income in ZIP 55363 is $101,989, which is 34% above the national average of $76,288.
What is the average home value in ZIP 55363?
The median home value in ZIP 55363 is $296,800, which is 7% above the national average of $278,155.
What is the demographic makeup of ZIP 55363?
The largest racial group in ZIP 55363 is White at 83.5%. Hispanic or Latino residents make up 8.6% of the population.
How many businesses are in ZIP code 55363?
ZIP code 55363 has 79 business establishments employing approximately 860 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 55363?
The top industries by establishment count in ZIP 55363 are: Construction (25), Other services (except public administration) (10), Retail trade (9). There are 9 industry sectors represented in total.
How have home values changed in ZIP code 55363?
According to the FHFA House Price Index, home values in ZIP 55363 increased by 2.1% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 134%. 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 55363?
In ZIP code 55363, 59.1% of residents aged 25+ have a high school diploma or higher, and 30.7% 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 55363?
The mean commute time for workers in ZIP code 55363 is 32.7 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 55363?
In ZIP code 55363, approximately 79.9% of occupied housing units are owner-occupied and 20.1% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 55363?
The poverty rate in ZIP code 55363 is 10.5% 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 Montrose, MN

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