Beaver Bay, MN · standard
ZIP Code 55601
Lake County, Minnesota - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 105
- 3/sq mi
- $56,250
- Median income
- $242,400
- Median home value
- 14.8%
- Bachelor's or higher
National ZIP placement
Beaver Bay pairs one of the lowest household incomes in the country with above-median home values, in a rural, homeowner-dominated area.
- 23rd pct
- household income, US ZIPs
- Top 44%
- home value, US ZIPs
- 3
- people per sq mi
- 97%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55601 against every reporting US ZIP.
ZIP code 55601 is a sparsely populated ZIP (a standard USPS delivery area) in Beaver Bay, Lake County, Minnesota, home to just 105 residents across 40.4 square miles, a density of 3 people per square mile, in the Chicago time zone.
ZIP 55601 reports a modest median household income of $56,250 (32% below the average Minnesota ZIP), while per-capita income is $34,602. The poverty rate is 14.8%, with unemployment at 0.0%; those measures add context to the income figure. Median home value is $242,400 (5% below the average Minnesota ZIP); 96.8% of occupied homes are owner-occupied.
Formal educational attainment runs low here: just 14.8% of adults hold a bachelor's degree or higher, the median age is 63, and the average commute is -. The page also surfaces 1 ZIP codes within roughly 10 miles and 5 more in Lake County, so 55601 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 →
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 55601, Beaver Bay, 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
105
Population
40.4
Area (sq mi)
3
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 55601?
63.0
Median Age
60.2%
Male
39.8%
Female
5.5%
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?
$56,250
Median Household Income
-32% vs state ZIP avg
$34,602
Per Capita Income
14.8%
Poverty Rate
0.0%
Unemployment Rate
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
111housing units
111
Total Housing Units
63
Occupied Units
48
Vacant Units
2.03
Avg Household Size
Occupancy Type
$242,400
Median Home Value
-5% vs state ZIP avg
1969
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What businesses operate in this ZIP?
Census Bureau data shows 13 business establishments in ZIP 55601, employing approximately 131 people with a combined annual payroll of $3,511,000.
13
Businesses
131
Employees
$3.5M
Annual Payroll
1
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 5 | 38.5% |
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 55601 vs 55614 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 55614 | Silver Bay, MN | 2,627 | 9.2 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 55601, both outside MN so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.