Rochester, MN · standard

ZIP Code 55902

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

21,968
210/sq mi
$120,611
Median income
$454,800
Median home value
65.5%
Bachelor's or higher

The verdict

Rochester pairs a top-decile household income with upper-quartile home values, in a low-density, homeowner-dominated area.

Top 9%
household income, US ZIPs
Top 16%
home value, US ZIPs
210
people per sq mi
72%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55902 against every reporting US ZIP.

ZIP code 55902 is classified by USPS as a standard delivery area and covers roughly 104.9 square miles in Rochester, Olmsted County, Minnesota. The area is home to 21,968 residents, producing a population density of 210 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 55902 against Minnesota and the nation.

On the economic side, the median household income for ZIP 55902 sits at $120,611 (47% above the Minnesota average), while per-capita income is $87,594. The poverty rate stands at 5.0% and the unemployment rate at 4.7%. On housing, the median home value is $454,800 (78% above the state average) with median rent at $1,703 per month, and 72.4% of occupied units are owner-occupied, a direct signal of whether 55902 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 65.5% of adults hold a bachelor's degree or higher, the median age is 41, and the average commute is 18 minutes. We also surface 6 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Olmsted County, so you can benchmark 55902 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 →

Top industries in ZIP 55902

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 55902.

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 55902, Rochester, 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

21,968

Population

104.9

Area (sq mi)

210

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 55902?

41.0

Median Age

49.1%

Male

50.9%

Female

12.8%

Foreign-Born

White 75.9%
African American 2.2%
Asian 11.3%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 9.7%
Hispanic or Latino 7.4%

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?

$120,611

Median Household Income

+47% vs state

$87,594

Per Capita Income

5.0%

Poverty Rate

4.7%

Unemployment Rate

17.8 min

Mean Commute Time

How ZIP 55902 ranks nationally

Household income vs. every US ZIP code

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

$120,611 Top 9% higher than 91% 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%). Below this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Below this entry. $120,000–$140,000: 1,362 US ZIPs (4%). This entry sits in this band. $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 77.6%
Bachelor's Degree or Higher 65.5%

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

What does housing look like?

12,197

Total Housing Units

11,338

Occupied Units

859

Vacant Units

2.30

Avg Household Size

Occupancy Type

Owner 72.4%
Renter 27.6%

$454,800

Median Home Value

+78% vs state

$1,703

Median Rent

1995

Median Year Built

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

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+3.9%

YoY Change (2024)

206

HPI Index (2000 = 100)

+106%

Total Change Since 2000

Home values in ZIP 55902 have increased 3.9% over the past year (2024). Since 2000, this ZIP has seen +106% cumulative appreciation.

Year Annual Change HPI Index
2020 +2.2% 154
2021 +11.8% 172
2022 +9.2% 188
2023 +5.5% 198
2024 +3.9% 206

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 701 business establishments in ZIP 55902, employing approximately 13,104 people with a combined annual payroll of $656,517,000.

701

Businesses

13,104

Employees

$656.5M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Retail trade 108 15.4%
Accommodation and food services 107 15.3%
Health care and social assistance 87 12.4%
Construction 68 9.7%
Professional, scientific, and technical services 66 9.4%
Other services (except public administration) 54 7.7%
Finance and insurance 53 7.6%
Real estate and rental and leasing 43 6.1%
Administrative and support and waste management and remediation services 29 4.1%
Arts, entertainment, and recreation 19 2.7%
Transportation and warehousing 15 2.1%
Educational services 14 2.0%
Wholesale trade 13 1.9%
Information 12 1.7%
Manufacturing 8 1.1%
Industries not classified 3 0.4%

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 55902 vs 55905 →

ZIP 55902 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 55902 ranks #3 by population — useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 55902 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 55902 ranks #2 of 6 neighboring ZIPs — local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
55905 Rochester, MN 0 6.2 mi
55901 Rochester, MN 51,917 7.1 mi
55904 Rochester, MN 26,332 5.8 mi
55976 Stewartville, MN 7,582 7.2 mi
55920 Byron, MN 7,026 6.2 mi
55906 Rochester, MN 17,598 11.1 mi

More ZIP Codes in Olmsted County

Frequently Asked Questions

What county is ZIP code 55902 in?
ZIP code 55902 (Rochester) is located in Olmsted County, Minnesota. Olmsted County contains multiple ZIP codes, see the full list at /counties/olmsted-mn.
What is the population of ZIP code 55902?
ZIP code 55902 in Rochester, MN has a population of 21,968 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 55902?
The median household income in ZIP 55902 is $120,611, which is 58% above the national average of $76,288.
What is the average home value in ZIP 55902?
The median home value in ZIP 55902 is $454,800, which is 64% above the national average of $278,155.
What is the demographic makeup of ZIP 55902?
The largest racial group in ZIP 55902 is White at 75.9%. Hispanic or Latino residents make up 7.4% of the population.
How many businesses are in ZIP code 55902?
ZIP code 55902 has 701 business establishments employing approximately 13,104 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 55902?
The top industries by establishment count in ZIP 55902 are: Retail trade (108), Accommodation and food services (107), Health care and social assistance (87). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 55902?
According to the FHFA House Price Index, home values in ZIP 55902 increased by 3.9% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 106%. 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 55902?
In ZIP code 55902, 77.6% of residents aged 25+ have a high school diploma or higher, and 65.5% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 55902?
The mean commute time for workers in ZIP code 55902 is 17.8 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 55902?
In ZIP code 55902, approximately 72.4% of occupied housing units are owner-occupied and 27.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 55902?
The poverty rate in ZIP code 55902 is 5.0% 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 Rochester, MN

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