Finland, MN · standard
ZIP Code 55603
Lake County, Minnesota - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 508
- 1/sq mi
- $61,875
- Median income
- $216,700
- Median home value
- 15.9%
- Bachelor's or higher
The verdict
Finland pairs a below-median household income with below-median home values, in a rural, homeowner-dominated area.
- 33th pct
- household income, US ZIPs
- 48th pct
- home value, US ZIPs
- 1
- people per sq mi
- 90%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55603 against every reporting US ZIP.
ZIP code 55603 is classified by USPS as a standard delivery area and covers roughly 1016.0 square miles in Finland, Lake County, Minnesota. The area is home to 508 residents, producing a population density of 1 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 55603 against Minnesota and the nation.
On the economic side, the median household income for ZIP 55603 sits at $61,875 (25% below the Minnesota average), while per-capita income is $34,812. The poverty rate stands at 14.7% and the unemployment rate at 6.3%. On housing, the median home value is $216,700 (15% below the state average) with median rent at $675 per month, and 90.0% of occupied units are owner-occupied, a direct signal of whether 55603 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 15.9% of adults hold a bachelor's degree or higher, the median age is 54.7, and the average commute is —. Use the benchmarks above to see where 55603 sits relative to Minnesota and the national baseline rather than viewing the numbers in isolation. 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 55603
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 55603.
- Transportation and warehousing
Transportation and warehousing
5 establishments
- Accommodation and food services
Accommodation and food services
5 establishments
- Other services (except public administration)
Other services (except public administration)
4 establishments
- Construction
Construction
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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 55603, Finland, 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
508
Population
1016.0
Area (sq mi)
1
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 55603?
54.7
Median Age
52.9%
Male
47.1%
Female
1.0%
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?
$61,875
Median Household Income
-25% vs state
$34,812
Per Capita Income
14.7%
Poverty Rate
6.3%
Unemployment Rate
How ZIP 55603 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$61,875 33rd percentile higher than 33% 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?
416
Total Housing Units
251
Occupied Units
165
Vacant Units
1.95
Avg Household Size
Occupancy Type
$216,700
Median Home Value
-15% vs state
$675
Median Rent
1974
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What businesses operate in this ZIP?
Census Bureau data shows 25 business establishments in ZIP 55603, employing approximately 244 people with a combined annual payroll of $8,092,000.
25
Businesses
244
Employees
$8.1M
Annual Payroll
4
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Transportation and warehousing | 5 | 20.0% |
| Accommodation and food services | 5 | 20.0% |
| Other services (except public administration) | 4 | 16.0% |
| Construction | 3 | 12.0% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
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Frequently Asked Questions
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What are the main industries in ZIP code 55603? ▼
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ZIP Code Research Guides
Official Data Resources for Finland, 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.