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
National ZIP placement
Finland pairs a below-median household income with below-median home values, in a rural, homeowner-dominated area.
- 33rd 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 a sparsely populated ZIP (a standard USPS delivery area) in Finland, Lake County, Minnesota, home to just 508 residents across 1016.0 square miles, a density of 1 people per square mile, in the Chicago time zone.
ZIP 55603 reports a modest median household income of $61,875 (25% below the average Minnesota ZIP), while per-capita income is $34,812. The poverty rate is 14.7%, with unemployment at 6.3%; those measures add context to the income figure. Home values sit below the statewide ZIP benchmark: the median is $216,700 (15% below the average Minnesota ZIP), and median rent is $675; owner occupancy is 90.0%.
Educational attainment sits below the national norm: 15.9% of adults hold a bachelor's degree or higher, the median age is 54.7, and the average commute is -. No nearby ZIP peer set is available for this delivery area, so the Minnesota and national benchmarks above are the appropriate context for 55603.
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 55603
Top 5 sectors by establishment count in Finland, MN
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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, 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; 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 ZIP avg
$34,812
Per Capita Income
14.7%
Poverty Rate
6.3%
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
416housing units
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 ZIP avg
$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.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 55603, 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.