Wabasha, MN · standard

ZIP Code 55981

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

3,961
30/sq mi
$71,607
Median income
$273,400
Median home value
23.8%
Bachelor's or higher

The verdict

Wabasha pairs a below-median household income with above-median home values, in a rural, homeowner-dominated area.

49th pct
household income, US ZIPs
Top 38%
home value, US ZIPs
30
people per sq mi
78%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55981 against every reporting US ZIP.

ZIP code 55981 is classified by USPS as a standard delivery area and covers roughly 131.2 square miles in Wabasha, Wabasha County, Minnesota. The area is home to 3,961 residents, producing a population density of 30 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 55981 against Minnesota and the nation.

On the economic side, the median household income for ZIP 55981 sits at $71,607 (13% below the Minnesota average), while per-capita income is $47,199. The poverty rate stands at 7.9% and the unemployment rate at 1.1%. On housing, the median home value is $273,400 (7% above the state average) with median rent at $756 per month, and 78.0% of occupied units are owner-occupied, a direct signal of whether 55981 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 23.8% of adults hold a bachelor's degree or higher, the median age is 55.8, and the average commute is 25 minutes. We also surface 4 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Wabasha County, so you can benchmark 55981 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 55981

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 55981.

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 55981, Wabasha, 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

3,961

Population

131.2

Area (sq mi)

30

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 55981?

55.8

Median Age

50.9%

Male

49.1%

Female

1.6%

Foreign-Born

White 96.7%
African American 0.0%
Asian 0.2%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 1.1%
Two or More Ethnicities 1.6%
Hispanic or Latino 1.1%

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?

$71,607

Median Household Income

-13% vs state

$47,199

Per Capita Income

7.9%

Poverty Rate

1.1%

Unemployment Rate

24.6 min

Mean Commute Time

How ZIP 55981 ranks nationally

Household income vs. every US ZIP code

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

$71,607 49th percentile higher than 49% 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%). This entry sits in this band. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $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 57.1%
Bachelor's Degree or Higher 23.8%

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

What does housing look like?

2,272

Total Housing Units

1,847

Occupied Units

425

Vacant Units

2.04

Avg Household Size

Occupancy Type

Owner 78.0%
Renter 22.0%

$273,400

Median Home Value

+7% vs state

$756

Median Rent

1976

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

+1.5%

YoY Change (2024)

237

HPI Index (2000 = 100)

+137%

Total Change Since 2000

Home values in ZIP 55981 have increased 1.5% over the past year (2024). Since 2000, this ZIP has seen +137% cumulative appreciation.

Year Annual Change HPI Index
2020 +1.6% 167
2021 +6.7% 179
2022 +14.4% 204
2023 +14.4% 234
2024 +1.5% 237

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 123 business establishments in ZIP 55981, employing approximately 1,406 people with a combined annual payroll of $57,360,000.

123

Businesses

1,406

Employees

$57.4M

Annual Payroll

12

Industry Sectors

Industry Establishments % of Total
Health care and social assistance 24 19.5%
Retail trade 18 14.6%
Accommodation and food services 17 13.8%
Construction 12 9.8%
Other services (except public administration) 10 8.1%
Arts, entertainment, and recreation 8 6.5%
Finance and insurance 7 5.7%
Professional, scientific, and technical services 6 4.9%
Administrative and support and waste management and remediation services 5 4.1%
Manufacturing 4 3.3%
Transportation and warehousing 4 3.3%
Wholesale trade 3 2.4%

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 55981 vs 55968 →

ZIP 55981 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 55981 ranks the most populous — useful context the national average alone can't give.

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

ZIP 55981 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 55981 ranks #4 of 5 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
55968 Reads Landing, MN 121 3.1 mi
55945 Kellogg, MN 1,458 5.8 mi
54759 Pepin, WI 1,533 9.5 mi
54756 Nelson, WI 916 9.7 mi

More ZIP Codes in Wabasha County

Frequently Asked Questions

What county is ZIP code 55981 in?
ZIP code 55981 (Wabasha) is located in Wabasha County, Minnesota. Wabasha County contains multiple ZIP codes, see the full list at /counties/wabasha-mn.
What is the population of ZIP code 55981?
ZIP code 55981 in Wabasha, MN has a population of 3,961 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 55981?
The median household income in ZIP 55981 is $71,607, which is 6% below the national average of $76,288.
What is the average home value in ZIP 55981?
The median home value in ZIP 55981 is $273,400, which is 2% below the national average of $278,155.
What is the demographic makeup of ZIP 55981?
The largest racial group in ZIP 55981 is White at 96.7%. Hispanic or Latino residents make up 1.1% of the population.
How many businesses are in ZIP code 55981?
ZIP code 55981 has 123 business establishments employing approximately 1,406 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 55981?
The top industries by establishment count in ZIP 55981 are: Health care and social assistance (24), Retail trade (18), Accommodation and food services (17). There are 12 industry sectors represented in total.
How have home values changed in ZIP code 55981?
According to the FHFA House Price Index, home values in ZIP 55981 increased by 1.5% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 137%. 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 55981?
In ZIP code 55981, 57.1% of residents aged 25+ have a high school diploma or higher, and 23.8% 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 55981?
The mean commute time for workers in ZIP code 55981 is 24.6 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 55981?
In ZIP code 55981, approximately 78.0% of occupied housing units are owner-occupied and 22.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 55981?
The poverty rate in ZIP code 55981 is 7.9% 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 Wabasha, MN

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