Forbes, MN · standard

ZIP Code 55738

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

544
2/sq mi
$82,969
Median income
$167,400
Median home value
15.5%
Bachelor's or higher

The verdict

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

Top 34%
household income, US ZIPs
33th pct
home value, US ZIPs
2
people per sq mi
97%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55738 against every reporting US ZIP.

ZIP code 55738 is classified by USPS as a standard delivery area and covers roughly 286.3 square miles in Forbes, St. Louis County, Minnesota. The area is home to 544 residents, producing a population density of 2 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 55738 against Minnesota and the nation.

On the economic side, the median household income for ZIP 55738 sits at $82,969 (1% above the Minnesota average), while per-capita income is $39,771. The poverty rate stands at 7.7% and the unemployment rate at 9.0%. On housing, the median home value is $167,400 (35% below the state average) with median rent at per month, and 97.1% of occupied units are owner-occupied, a direct signal of whether 55738 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 15.5% of adults hold a bachelor's degree or higher, the median age is 49.3, and the average commute is . We also surface 1 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing St. Louis County, so you can benchmark 55738 against its immediate geography rather than a national average alone. 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 →

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 55738, Forbes, 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

544

Population

286.3

Area (sq mi)

2

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 55738?

49.3

Median Age

50.9%

Male

49.1%

Female

0.2%

Foreign-Born

White 93.2%
African American 1.8%
Asian 0.2%
American Indian or Alaska Native 0.3%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 4.5%
Hispanic or Latino 0.0%

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?

$82,969

Median Household Income

+1% vs state

$39,771

Per Capita Income

7.7%

Poverty Rate

9.0%

Unemployment Rate

How ZIP 55738 ranks nationally

Household income vs. every US ZIP code

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

$82,969 Top 34% higher than 66% 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 43.6%
Bachelor's Degree or Higher 15.5%

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

What does housing look like?

318

Total Housing Units

245

Occupied Units

73

Vacant Units

2.44

Avg Household Size

Occupancy Type

Owner 97.1%
Renter 2.9%

$167,400

Median Home Value

-35% vs state

1973

Median Year Built

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

What businesses operate in this ZIP?

Census Bureau data shows 4 business establishments in ZIP 55738, employing approximately 11 people with a combined annual payroll of $250,000.

4

Businesses

11

Employees

$250K

Annual Payroll

0

Industry Sectors

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 55738 vs 55751 →

ZIP Code City Population Distance
55751 Iron, MN 1,553 8.6 mi

More ZIP Codes in St. Louis County

Frequently Asked Questions

What county is ZIP code 55738 in?
ZIP code 55738 (Forbes) is located in St. Louis County, Minnesota. St. Louis County contains multiple ZIP codes, see the full list at /counties/st-louis-mn.
What is the population of ZIP code 55738?
ZIP code 55738 in Forbes, MN has a population of 544 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 55738?
The median household income in ZIP 55738 is $82,969, which is 9% above the national average of $76,288.
What is the average home value in ZIP 55738?
The median home value in ZIP 55738 is $167,400, which is 40% below the national average of $278,155.
What is the demographic makeup of ZIP 55738?
The largest racial group in ZIP 55738 is White at 93.2%.
How many businesses are in ZIP code 55738?
ZIP code 55738 has 4 business establishments employing approximately 11 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What is the education level in ZIP code 55738?
In ZIP code 55738, 43.6% of residents aged 25+ have a high school diploma or higher, and 15.5% 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 55738?
In ZIP code 55738, approximately 97.1% of occupied housing units are owner-occupied and 2.9% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 55738?
The poverty rate in ZIP code 55738 is 7.7% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Forbes, MN

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