Chatfield, MN · standard
ZIP Code 55923
Fillmore County, Minnesota - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 4,469
- 14/sq mi Moderate-density area
- $96,328
- Median income Above-median income area
- $293,000
- Median home value Near-median home value
- 32.5%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Chatfield pairs an upper-quartile household income with above-median home values, in a rural, homeowner-dominated area.
- Top 22%
- household income, US ZIPs
- Top 35%
- home value, US ZIPs
- 14
- people per sq mi
- 88%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55923 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 55923 (Chatfield, MN) rose +5.9% from 2023 to 2024. The all-transactions index moved from 214.4 in 2023 to 227.1 in 2024 (2000 = 100).
ZIP code 55923 covers 317.0 square miles in Chatfield, Fillmore County, Minnesota (a standard USPS delivery area), with a modest 4,469 residents on file, a density of 14 people per square mile, in the Chicago time zone.
ZIP 55923 lands in the middle-income range, with a median household income of $96,328 (17% above the average Minnesota ZIP), while per-capita income is $45,423. Both reported hardship measures are comparatively low in absolute terms: poverty is 5.4% and unemployment is 2.1%. Median home value is $293,000 (15% above the average Minnesota ZIP) and median rent is $776; 88.2% of occupied homes are owner-occupied.
A solid share of residents have a four-year degree: 32.5% of adults hold a bachelor's degree or higher, the median age is 41, and the average commute is 23 minutes. The page also surfaces 4 ZIP codes within roughly 10 miles and 6 more in Fillmore County, so 55923 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 →
Top industries in ZIP 55923
Top 5 sectors by establishment count in Chatfield, MN
Which industries have the most business establishments in ZIP 55923.
- Construction
Construction
24 establishments
- Other services (except public administration)
Other services (except public administration)
17 establishments
- Retail trade
Retail trade
12 establishments
- Transportation and warehousing
Transportation and warehousing
11 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
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 55923, Chatfield, 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
4,469
Population
317.0
Area (sq mi)
14
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 55923?
41.0
Median Age
50.0%
Male
50.0%
Female
1.7%
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?
$96,328
Median Household Income
+17% vs state ZIP avg
$45,423
Per Capita Income
5.4%
Poverty Rate
2.1%
Unemployment Rate
22.5 min
Mean Commute Time
How ZIP 55923 ranks among Minnesota ZIPs
Chatfield, 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)
$96,328 Top 21% higher than 79% of 864 Minnesota ZIPs
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?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
1,761housing units
1,761
Total Housing Units
1,680
Occupied Units
81
Vacant Units
2.56
Avg Household Size
Occupancy Type
$293,000
Median Home Value
+15% vs state ZIP avg
$776
Median Rent
1978
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
+5.9%
YoY Change (2024)
227
HPI Index (2000 = 100)
+127%
Total Change Since 2000
Home values in ZIP 55923 have increased 5.9% over the past year (2024). Since 2000, this ZIP has seen +127% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +6.9% | 165 |
| 2021 | +8.3% | 178 |
| 2022 | +14.2% | 204 |
| 2023 | +5.3% | 214 |
| 2024 | +5.9% | 227 |
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 117 business establishments in ZIP 55923, employing approximately 1,146 people with a combined annual payroll of $52,640,000.
117
Businesses
1,146
Employees
$52.6M
Annual Payroll
12
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 24 | 20.5% |
| Other services (except public administration) | 17 | 14.5% |
| Retail trade | 12 | 10.3% |
| Transportation and warehousing | 11 | 9.4% |
| Professional, scientific, and technical services | 11 | 9.4% |
| Manufacturing | 8 | 6.8% |
| Health care and social assistance | 7 | 6.0% |
| Accommodation and food services | 7 | 6.0% |
| Finance and insurance | 3 | 2.6% |
| Real estate and rental and leasing | 3 | 2.6% |
| Administrative and support and waste management and remediation services | 3 | 2.6% |
| Arts, entertainment, and recreation | 3 | 2.6% |
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 55923 vs 55935 →
ZIP 55923 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 55972
Saint Charles (55972)
4,995 residents
- 55923
Chatfield (55923)
4,469 residents
- 55929 1,209
Dover (55929)
1,209 residents
- 55935 939
Fountain (55935)
939 residents
- 55990 925
Wykoff (55990)
925 residents
What this shows Among its immediate neighbors, ZIP 55923 ranks #2 by population - useful context the national average alone can't give.
ZIP 55923 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 55929
Dover (55929)
$118,977 median income
- 55972
Saint Charles (55972)
$98,878 median income
- 55923
Chatfield (55923)
$96,328 median income
- 55935
Fountain (55935)
$85,000 median income
- 55990
Wykoff (55990)
$72,500 median income
What this shows By household income, ZIP 55923 ranks #3 of 5 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 55923, 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 (4,469 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Fillmore County
Related Areas
Frequently Asked Questions
What county is ZIP code 55923 in?
ZIP code 55923 (Chatfield) is located in Fillmore County, Minnesota. Fillmore County contains multiple ZIP codes, see the full list at /counties/fillmore-mn.
What is the population of ZIP code 55923?
ZIP code 55923 in Chatfield, MN has a population of 4,469 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 55923?
The median household income in ZIP 55923 is $96,328, which is 26% above the national average of $76,288.
What is the average home value in ZIP 55923?
The median home value in ZIP 55923 is $293,000, which is 5% above the national average of $278,155.
What is the demographic makeup of ZIP 55923?
The largest racial group in ZIP 55923 is White at 95.2%. Hispanic or Latino residents make up 3.0% of the population.
How many businesses are in ZIP code 55923?
ZIP code 55923 has 117 business establishments employing approximately 1,146 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 55923?
The top industries by establishment count in ZIP 55923 are: Construction (24), Other services (except public administration) (17), Retail trade (12). There are 12 industry sectors represented in total.
How have home values changed in ZIP code 55923?
According to the FHFA House Price Index, home values in ZIP 55923 increased by 5.9% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 127%. 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 55923?
In ZIP code 55923, 59.1% of residents aged 25+ have a high school diploma or higher, and 32.5% 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 55923?
The mean commute time for workers in ZIP code 55923 is 22.5 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 55923?
In ZIP code 55923, approximately 88.2% of occupied housing units are owner-occupied and 11.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 55923?
The poverty rate in ZIP code 55923 is 5.4% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 55923's numbers, next.
- See how ZIP 55923 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Chatfield, MN ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.