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
- $96,328
- Median income
- $293,000
- Median home value
- 32.5%
- Bachelor's or higher
The verdict
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.
ZIP code 55923 is classified by USPS as a standard delivery area and covers roughly 317.0 square miles in Chatfield, Fillmore County, Minnesota. The area is home to 4,469 residents, producing a population density of 14 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 55923 against Minnesota and the nation.
On the economic side, the median household income for ZIP 55923 sits at $96,328 (17% above the Minnesota average), while per-capita income is $45,423. The poverty rate stands at 5.4% and the unemployment rate at 2.1%. On housing, the median home value is $293,000 (15% above the state average) with median rent at $776 per month, and 88.2% of occupied units are owner-occupied, a direct signal of whether 55923 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 32.5% of adults hold a bachelor's degree or higher, the median age is 41, and the average commute is 23 minutes. We also surface 4 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Fillmore County, so you can benchmark 55923 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 55923
Top 5 sectors by establishment count
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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, 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; HUD FMR + 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
$45,423
Per Capita Income
5.4%
Poverty Rate
2.1%
Unemployment Rate
22.5 min
Mean Commute Time
How ZIP 55923 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$96,328 Top 22% higher than 78% of 30,318 US ZIPs
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?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
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
$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.
More ZIP Codes in Fillmore County
Related Areas
Frequently Asked Questions
What county is ZIP code 55923 in? ▼
What is the population of ZIP code 55923? ▼
What is the median household income in ZIP 55923? ▼
What is the average home value in ZIP 55923? ▼
What is the demographic makeup of ZIP 55923? ▼
How many businesses are in ZIP code 55923? ▼
What are the main industries in ZIP code 55923? ▼
How have home values changed in ZIP code 55923? ▼
What is the education level in ZIP code 55923? ▼
What is the average commute time in ZIP 55923? ▼
What percentage of residents own vs. rent in ZIP 55923? ▼
What is the poverty rate in ZIP code 55923? ▼
ZIP Code Research Guides
Official Data Resources for Chatfield, MN
Verify and explore additional data for this area using these official government sources.
Read our methodology to see how this data is sourced, computed, and verified.