PlainZIP

Cohasset, MN · standard

ZIP Code 55721

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

3,410
15/sq mi
$86,429
Median income
$302,300
Median home value
33.8%
Bachelor's or higher

The verdict

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

Top 30%
household income, US ZIPs
Top 33%
home value, US ZIPs
15
people per sq mi
87%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55721 against every reporting US ZIP.

ZIP code 55721 is classified by USPS as a standard delivery area and covers roughly 227.3 square miles in Cohasset, Itasca County, Minnesota. The area is home to 3,410 residents, producing a population density of 15 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 55721 against Minnesota and the nation.

On the economic side, the median household income for ZIP 55721 sits at $86,429 (5% above the Minnesota average), while per-capita income is $47,156. The poverty rate stands at 9.2% and the unemployment rate at 14.8%. On housing, the median home value is $302,300 (18% above the state average) with median rent at $763 per month, and 86.6% of occupied units are owner-occupied, a direct signal of whether 55721 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 33.8% of adults hold a bachelor's degree or higher, the median age is 40.1, and the average commute is —. Use the benchmarks above to see where 55721 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 55721

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 55721.

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 55721, Cohasset, 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

3,410

Population

227.3

Area (sq mi)

15

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 55721?

40.1

Median Age

50.5%

Male

49.5%

Female

0.2%

Foreign-Born

White 89.1%
African American 0.5%
Asian 0.0%
American Indian or Alaska Native 1.5%
Native Hawaiian or Pacific Islander 0.6%
Two or More Ethnicities 6.8%
Hispanic or Latino 2.3%

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?

$86,429

Median Household Income

+5% vs state

$47,156

Per Capita Income

9.2%

Poverty Rate

14.8%

Unemployment Rate

How ZIP 55721 ranks nationally

Household income vs. every US ZIP code

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

$86,429 Top 30% higher than 70% 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%). This entry sits in this band. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $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 60.8%
Bachelor's Degree or Higher 33.8%

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

What does housing look like?

1,973

Total Housing Units

1,496

Occupied Units

477

Vacant Units

2.68

Avg Household Size

Occupancy Type

Owner 86.6%
Renter 13.4%

$302,300

Median Home Value

+18% vs state

$763

Median Rent

1985

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

+4.1%

YoY Change (2024)

255

HPI Index (2000 = 100)

+155%

Total Change Since 2000

Home values in ZIP 55721 have increased 4.1% over the past year (2024). Since 2000, this ZIP has seen +155% cumulative appreciation.

Year Annual Change HPI Index
2020 +7.5% 180
2021 +6.1% 191
2022 +24.7% 238
2023 +3.0% 245
2024 +4.1% 255

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 69 business establishments in ZIP 55721, employing approximately 701 people with a combined annual payroll of $47,097,000.

69

Businesses

701

Employees

$47.1M

Annual Payroll

11

Industry Sectors

Industry Establishments % of Total
Construction 10 14.5%
Professional, scientific, and technical services 9 13.0%
Administrative and support and waste management and remediation services 8 11.6%
Retail trade 6 8.7%
Wholesale trade 5 7.3%
Health care and social assistance 5 7.3%
Other services (except public administration) 5 7.3%
Manufacturing 4 5.8%
Transportation and warehousing 4 5.8%
Accommodation and food services 4 5.8%
Utilities 3 4.3%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

More ZIP Codes in Itasca County

55744 standard
Grand Rapids, MN
Pop: 20,164
56636 standard
Deer River, MN
Pop: 5,137
55709 standard
Bovey, MN
Pop: 4,075
55769 standard
Nashwauk, MN
Pop: 2,313
56628 standard
Bigfork, MN
Pop: 1,681
55775 standard
Pengilly, MN
Pop: 1,205

Related Areas

Itasca County Cohasset, MN Minnesota

Frequently Asked Questions

What county is ZIP code 55721 in? ▼
ZIP code 55721 (Cohasset) is located in Itasca County, Minnesota. Itasca County contains multiple ZIP codes, see the full list at /counties/itasca-mn.
What is the population of ZIP code 55721? ▼
ZIP code 55721 in Cohasset, MN has a population of 3,410 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 55721? ▼
The median household income in ZIP 55721 is $86,429, which is 13% above the national average of $76,288.
What is the average home value in ZIP 55721? ▼
The median home value in ZIP 55721 is $302,300, which is 9% above the national average of $278,155.
What is the demographic makeup of ZIP 55721? ▼
The largest racial group in ZIP 55721 is White at 89.1%. Hispanic or Latino residents make up 2.3% of the population.
How many businesses are in ZIP code 55721? ▼
ZIP code 55721 has 69 business establishments employing approximately 701 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 55721? ▼
The top industries by establishment count in ZIP 55721 are: Construction (10), Professional, scientific, and technical services (9), Administrative and support and waste management and remediation services (8). There are 11 industry sectors represented in total.
How have home values changed in ZIP code 55721? ▼
According to the FHFA House Price Index, home values in ZIP 55721 increased by 4.1% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 155%. 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 55721? ▼
In ZIP code 55721, 60.8% of residents aged 25+ have a high school diploma or higher, and 33.8% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What percentage of residents own vs. rent in ZIP 55721? ▼
In ZIP code 55721, approximately 86.6% of occupied housing units are owner-occupied and 13.4% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 55721? ▼
The poverty rate in ZIP code 55721 is 9.2% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Reading Census Demographics
How to interpret population, income, and education data from the Census Bureau.
Understanding ZIP Code Data
What ZIP codes are, how ZCTAs differ, and what the data reveals.
Best ZIP Codes for Families
Key factors to evaluate when choosing a family-friendly neighborhood.
ZIP Codes for Relocation
Data-driven tips for evaluating ZIP codes before a move.

Official Data Resources for Cohasset, MN

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

U.S. Census Bureau
Official demographic, economic, and housing data from the American Community Survey.
HUD Fair Market Rents
Department of Housing and Urban Development rental cost estimates by metropolitan area.
FBI Uniform Crime Reports
Official crime statistics compiled from law enforcement agencies nationwide.
FHFA House Price Index
Federal Housing Finance Agency home value trends based on repeat sales and appraisals.

Read our methodology to see how this data is sourced, computed, and verified.