Elgin, MN · standard
ZIP Code 55932
Wabasha County, Minnesota — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 2,042
- 16/sq mi
- $100,078
- Median income
- $316,500
- Median home value
- 32.4%
- Bachelor's or higher
The verdict
Elgin pairs an upper-quartile household income with above-median home values, in a rural, homeowner-dominated area.
- Top 19%
- household income, US ZIPs
- Top 31%
- home value, US ZIPs
- 16
- people per sq mi
- 85%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55932 against every reporting US ZIP.
ZIP code 55932 is classified by USPS as a standard delivery area and covers roughly 131.7 square miles in Elgin, Wabasha County, Minnesota. The area is home to 2,042 residents, producing a population density of 16 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 55932 against Minnesota and the nation.
On the economic side, the median household income for ZIP 55932 sits at $100,078 (22% above the Minnesota average), while per-capita income is $46,342. The poverty rate stands at 5.8% and the unemployment rate at 3.1%. On housing, the median home value is $316,500 (24% above the state average) with median rent at $730 per month, and 85.3% of occupied units are owner-occupied, a direct signal of whether 55932 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 32.4% of adults hold a bachelor's degree or higher, the median age is 38.5, and the average commute is 26 minutes. We also surface 5 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Wabasha County, so you can benchmark 55932 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 55932
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 55932.
- Construction
Construction
21 establishments
- Other services (except public administration) 6
Other services (except public administration)
6 establishments
- Wholesale trade 5
Wholesale trade
5 establishments
- Transportation and warehousing 4
Transportation and warehousing
4 establishments
- Retail trade 3
Retail trade
3 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 55932, Elgin, 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
2,042
Population
131.7
Area (sq mi)
16
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 55932?
38.5
Median Age
51.4%
Male
48.6%
Female
0.9%
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?
$100,078
Median Household Income
+22% vs state
$46,342
Per Capita Income
5.8%
Poverty Rate
3.1%
Unemployment Rate
26.4 min
Mean Commute Time
How ZIP 55932 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$100,078 Top 19% higher than 81% 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?
854
Total Housing Units
775
Occupied Units
79
Vacant Units
2.58
Avg Household Size
Occupancy Type
$316,500
Median Home Value
+24% vs state
$730
Median Rent
1980
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
+17.2%
YoY Change (2024)
222
HPI Index (2000 = 100)
+122%
Total Change Since 2000
Home values in ZIP 55932 have increased 17.2% over the past year (2024). Since 2000, this ZIP has seen +122% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +11.2% | 156 |
| 2021 | +4.3% | 163 |
| 2022 | +25.9% | 205 |
| 2023 | -7.7% | 189 |
| 2024 | +17.2% | 222 |
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 57 business establishments in ZIP 55932, employing approximately 289 people with a combined annual payroll of $13,191,000.
57
Businesses
289
Employees
$13.2M
Annual Payroll
9
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 21 | 36.8% |
| Other services (except public administration) | 6 | 10.5% |
| Wholesale trade | 5 | 8.8% |
| Transportation and warehousing | 4 | 7.0% |
| Retail trade | 3 | 5.3% |
| Real estate and rental and leasing | 3 | 5.3% |
| Administrative and support and waste management and remediation services | 3 | 5.3% |
| Health care and social assistance | 3 | 5.3% |
| Accommodation and food services | 3 | 5.3% |
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 55932 vs 55957 →
ZIP 55932 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 55906
Rochester (55906)
17,598 residents
- 55964 4,389
Plainview (55964)
4,389 residents
- 55934 3,338
Eyota (55934)
3,338 residents
- 55932 2,042
Elgin (55932)
2,042 residents
- 55991 1,490
Zumbro Falls (55991)
1,490 residents
- 55957 756
Millville (55957)
756 residents
What this shows Among its immediate neighbors, ZIP 55932 ranks #4 by population — useful context the national average alone can't give.
ZIP 55932 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 55932
Elgin (55932)
$100,078 median income
- 55906
Rochester (55906)
$93,685 median income
- 55934
Eyota (55934)
$84,952 median income
- 55964
Plainview (55964)
$84,318 median income
- 55991
Zumbro Falls (55991)
$82,292 median income
- 55957
Millville (55957)
$76,094 median income
What this shows By household income, ZIP 55932 ranks the highest of 6 neighboring ZIPs — local affluence varies block to block, not just metro to metro.
More ZIP Codes in Wabasha County
Related Areas
Frequently Asked Questions
What county is ZIP code 55932 in? ▼
What is the population of ZIP code 55932? ▼
What is the median household income in ZIP 55932? ▼
What is the average home value in ZIP 55932? ▼
What is the demographic makeup of ZIP 55932? ▼
How many businesses are in ZIP code 55932? ▼
What are the main industries in ZIP code 55932? ▼
How have home values changed in ZIP code 55932? ▼
What is the education level in ZIP code 55932? ▼
What is the average commute time in ZIP 55932? ▼
What percentage of residents own vs. rent in ZIP 55932? ▼
What is the poverty rate in ZIP code 55932? ▼
ZIP Code Research Guides
Official Data Resources for Elgin, 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.