Grand Marais, MN · standard
ZIP Code 55604
Cook County, Minnesota - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 3,360
- 2/sq mi
- $73,427
- Median income
- $352,500
- Median home value
- 50.6%
- Bachelor's or higher
National ZIP placement
Grand Marais pairs an above-median household income with above-median home values, in a rural, homeowner-dominated area.
- Top 48%
- household income, US ZIPs
- Top 26%
- home value, US ZIPs
- 2
- people per sq mi
- 77%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55604 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 55604 (Grand Marais, MN) rose +29.2% from 2023 to 2024. The all-transactions index moved from 218.9 in 2023 to 282.9 in 2024 (2000 = 100).
ZIP code 55604 covers 2240.0 square miles in Grand Marais, Cook County, Minnesota (a standard USPS delivery area), with a modest 3,360 residents on file, a density of 2 people per square mile, in the Chicago time zone.
ZIP 55604 lands in the middle-income range, with a median household income of $73,427 (11% below the average Minnesota ZIP), while per-capita income is $46,442. The poverty rate is 8.4%, with unemployment at 1.3%; those measures add context to the income figure. Housing is both higher-cost and owner-heavy: median home value is $352,500 (38% above the average Minnesota ZIP), while 76.6% of occupied homes are owner-occupied and median rent is $947.
This is a highly-educated ZIP: 50.6% of adults hold a bachelor's degree or higher, the median age is 54.6, 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 55604.
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 55604
Top 5 sectors by establishment count in Grand Marais, MN
Which industries have the most business establishments in ZIP 55604.
- Accommodation and food services
Accommodation and food services
54 establishments
- Construction
Construction
35 establishments
- Retail trade
Retail trade
33 establishments
- Other services (except public administration) 17
Other services (except public administration)
17 establishments
- Health care and social assistance 11
Health care and social assistance
11 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 55604, Grand Marais, 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
3,360
Population
2240.0
Area (sq mi)
2
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 55604?
54.6
Median Age
49.8%
Male
50.2%
Female
2.8%
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?
$73,427
Median Household Income
-11% vs state ZIP avg
$46,442
Per Capita Income
8.4%
Poverty Rate
1.3%
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
3,558housing units
3,558
Total Housing Units
1,759
Occupied Units
1,799
Vacant Units
2.07
Avg Household Size
Occupancy Type
$352,500
Median Home Value
+38% vs state ZIP avg
$947
Median Rent
1984
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
+29.2%
YoY Change (2024)
283
HPI Index (2000 = 100)
+183%
Total Change Since 2000
Home values in ZIP 55604 have increased 29.2% over the past year (2024). Since 2000, this ZIP has seen +183% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +2.5% | 167 |
| 2021 | +13.3% | 190 |
| 2022 | +18.8% | 225 |
| 2023 | -2.8% | 219 |
| 2024 | +29.2% | 283 |
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 209 business establishments in ZIP 55604, employing approximately 1,168 people with a combined annual payroll of $54,261,000.
209
Businesses
1,168
Employees
$54.3M
Annual Payroll
15
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Accommodation and food services | 54 | 25.8% |
| Construction | 35 | 16.8% |
| Retail trade | 33 | 15.8% |
| Other services (except public administration) | 17 | 8.1% |
| Health care and social assistance | 11 | 5.3% |
| Administrative and support and waste management and remediation services | 10 | 4.8% |
| Arts, entertainment, and recreation | 9 | 4.3% |
| Real estate and rental and leasing | 8 | 3.8% |
| Professional, scientific, and technical services | 8 | 3.8% |
| Information | 5 | 2.4% |
| Finance and insurance | 5 | 2.4% |
| Manufacturing | 3 | 1.4% |
| Wholesale trade | 3 | 1.4% |
| Transportation and warehousing | 3 | 1.4% |
| Educational services | 3 | 1.4% |
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 55604, both outside MN so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (3,360 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.