Rochester, MN · standard

ZIP Code 55906

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

17,598
107/sq mi Moderate-density area
$93,685
Median income Above-median income area
$377,800
Median home value Above-median home value
53.6%
Bachelor's or higher Above-average bachelor's attainment

National ZIP placement

Rochester pairs an upper-quartile household income with upper-quartile home values, in a rural, homeowner-dominated area.

Top 24%
household income, US ZIPs
Top 23%
home value, US ZIPs
107
people per sq mi
75%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55906 against every reporting US ZIP.

FHFA HPI release change

What changed in the latest House Price Index year

2023 -> 2024
  • FHFA House Price Index values in ZIP 55906 (Rochester, MN) rose +5.8% from 2023 to 2024. The all-transactions index moved from 201.5 in 2023 to 213.2 in 2024 (2000 = 100).

Arithmetic difference between stored FHFA all-transactions ZIP House Price Index annual values - a developmental index from repeat sales and appraisals, not a transaction median, appraisal opinion, or forecast. Thin markets can move sharply.

National HPI changes Year-pair CSV

ZIP code 55906 is a mid-sized community (a standard USPS delivery area) in Rochester, Olmsted County, Minnesota, home to 17,598 residents across 165.1 square miles, a density of 107 people per square mile, in the Chicago time zone.

ZIP 55906 lands in the middle-income range, with a median household income of $93,685 (14% above the average Minnesota ZIP), while per-capita income is $53,689. The poverty rate is 8.4%, with unemployment at 3.9%; those measures add context to the income figure. Housing is both higher-cost and owner-heavy: median home value is $377,800 (48% above the average Minnesota ZIP), while 75.0% of occupied homes are owner-occupied and median rent is $1,196.

This is a highly-educated ZIP: 53.6% of adults hold a bachelor's degree or higher, the median age is 42.1, and the average commute is 19 minutes. The page also surfaces 8 ZIP codes within roughly 10 miles and 6 more in Olmsted County, so 55906 can be compared with both its immediate and county-level context.

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 →

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Top industries in ZIP 55906

Top 5 sectors by establishment count in Rochester, MN

Which industries have the most business establishments in ZIP 55906.

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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 55906, Rochester, 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

17,598

Population

165.1

Area (sq mi)

107

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 55906?

42.1

Median Age

48.1%

Male

51.9%

Female

11.1%

Foreign-Born

White 75.5%
African American 8.8%
Asian 6.8%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 6.5%
Hispanic or Latino 5.0%

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?

$93,685

Median Household Income

+14% vs state ZIP avg

$53,689

Per Capita Income

8.4%

Poverty Rate

3.9%

Unemployment Rate

18.9 min

Mean Commute Time

How ZIP 55906 ranks among Minnesota ZIPs

Rochester, MN household income vs. every Minnesota ZIP code

Median household income among 864 reporting Minnesota ZIPs (this ZIP's population is too small for a reliable national-corpus placement)

$93,685 Top 24% higher than 76% of 864 Minnesota ZIPs

This ZIP $0 $200K+ every Minnesota ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more Minnesota 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 68.0%
Bachelor's Degree or Higher 53.6%

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

What does housing look like?

9,011

Total Housing Units

8,539

Occupied Units

472

Vacant Units

2.37

Avg Household Size

Occupancy Type

Owner 75.0%
Renter 25.0%

$377,800

Median Home Value

+48% vs state ZIP avg

$1,196

Median Rent

1982

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

+5.8%

YoY Change (2024)

213

HPI Index (2000 = 100)

+113%

Total Change Since 2000

Home values in ZIP 55906 have increased 5.8% over the past year (2024). Since 2000, this ZIP has seen +113% cumulative appreciation.

Year Annual Change HPI Index
2020 +3.1% 159
2021 +11.1% 177
2022 +11.0% 197
2023 +2.4% 202
2024 +5.8% 213

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 407 business establishments in ZIP 55906, employing approximately 4,188 people with a combined annual payroll of $180,641,000.

407

Businesses

4,188

Employees

$180.6M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Health care and social assistance 75 18.4%
Retail trade 56 13.8%
Other services (except public administration) 50 12.3%
Construction 43 10.6%
Professional, scientific, and technical services 32 7.9%
Accommodation and food services 31 7.6%
Real estate and rental and leasing 26 6.4%
Finance and insurance 19 4.7%
Manufacturing 14 3.4%
Administrative and support and waste management and remediation services 14 3.4%
Arts, entertainment, and recreation 11 2.7%
Educational services 10 2.5%
Transportation and warehousing 8 2.0%
Wholesale trade 7 1.7%
Information 7 1.7%
Management of companies and enterprises 3 0.7%

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 55906 vs 55932 →

ZIP 55906 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 55906 ranks #4 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 55906 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 55906 ranks #5 of 8 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
55932 Elgin, MN 2,042 5.6 mi
55901 Rochester, MN 51,917 5.7 mi
55904 Rochester, MN 26,332 10.2 mi
55960 Oronoco, MN 3,134 6.9 mi
55905 Rochester, MN 0 7.0 mi
55934 Eyota, MN 3,338 10.0 mi
55902 Rochester, MN 21,968 11.1 mi
55957 Millville, MN 756 11.6 mi

Nationwide ZIPs with similar ACS profiles

Two Census-derived peer sets for ZIP 55906, 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 (17,598 here; floor ≥1,000).

Similar median household income

Nearest cross-state ZIPs by ACS median household income.

More ZIP Codes in Olmsted County

Frequently Asked Questions

What county is ZIP code 55906 in?

ZIP code 55906 (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 55906?

ZIP code 55906 in Rochester, MN has a population of 17,598 according to the Census Bureau ACS 2023 estimates.

What is the median household income in ZIP 55906?

The median household income in ZIP 55906 is $93,685, which is 23% above the national average of $76,288.

What is the average home value in ZIP 55906?

The median home value in ZIP 55906 is $377,800, which is 36% above the national average of $278,155.

What is the demographic makeup of ZIP 55906?

The largest racial group in ZIP 55906 is White at 75.5%. Hispanic or Latino residents make up 5.0% of the population.

How many businesses are in ZIP code 55906?

ZIP code 55906 has 407 business establishments employing approximately 4,188 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.

What are the main industries in ZIP code 55906?

The top industries by establishment count in ZIP 55906 are: Health care and social assistance (75), Retail trade (56), Other services (except public administration) (50). There are 16 industry sectors represented in total.

How have home values changed in ZIP code 55906?

According to the FHFA House Price Index, home values in ZIP 55906 increased by 5.8% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 113%. 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 55906?

In ZIP code 55906, 68.0% of residents aged 25+ have a high school diploma or higher, and 53.6% 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 55906?

The mean commute time for workers in ZIP code 55906 is 18.9 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 55906?

In ZIP code 55906, approximately 75.0% of occupied housing units are owner-occupied and 25.0% are renter-occupied, based on Census ACS 2023 data.

What is the poverty rate in ZIP code 55906?

The poverty rate in ZIP code 55906 is 8.4% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP 55906's figures come from ACS 5-Year Estimates, Census ZIP Code Business Patterns, and the FHFA House Price Index. See our methodology for details.

Related

Compare this ZIP with another

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

Take this with you

What to do with ZIP 55906's numbers, next.

ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.