Compare ZIP 55368 vs 56738
Norwood, MN vs Newfolden, MN — a detailed side-by-side comparison of demographics, income, housing, education, and employment.
Key Comparison Findings
- 1 55368 (Norwood) has a $0 higher median household income.
- 2 Homes in 55368 cost 1.7x more than in 56738.
- 3 55368 has a more educated population (20.38% with bachelor's+).
- 4 55368 has a lower unemployment rate (0.00%).
- 5 55368 is more populous with 1,775 residents.
ZIP Code Profiles
55368
Norwood, Minnesota
- Population
- 1,775
- Median Income
- $71,250
- Home Value
- $309,800
- Median Rent
- $1,213
56738
Newfolden, Minnesota
- Population
- 1,228
- Median Income
- $71,250
- Home Value
- $187,200
- Median Rent
- $683
Detailed Comparison Table
| Metric | 55368 Norwood | 56738 Newfolden | Difference |
|---|---|---|---|
| Income | |||
| Median Household Income | $71,250 | $71,250 | 0.0% |
| Per Capita Income | $36,562 | $35,833 | +2.0% |
| Housing | |||
| Median Home Value | $309,800 | $187,200 | +65.5% |
| Median Rent | $1,213 | $683 | +77.6% |
| Demographics | |||
| Population | 1,775 | 1,228 | +44.5% |
| Median Age | 46.0 | 43.9 | +4.8% |
| Education | |||
| Employment | |||
| Unemployment Rate | 0.0% | 6.2% | -100.0% |
| Other | |||
| Mean Household Income | $86,461 | $83,764 | +3.2% |
| Below Poverty | 9.5% | 8.9% | +6.4% |
| Bachelor's or Higher | 20.4% | 18.9% | +7.7% |
| Owner Occupied | 75.2% | 86.1% | -12.7% |
| Work from Home | 10.7% | 17.9% | -40.4% |
| Avg Commute (min) | N/A | N/A | — |
| Cost of Living Index | 106.8 | 62.9 | +69.9% |
Visual Comparison
Values normalized to a 0–100 scale for visual comparison. Higher is not always better.
Frequently Asked Questions
ZIP code 55368 (Norwood, MN) has a higher median household income of $71,250 compared to $71,250 in 56738 (Newfolden, MN).
ZIP code 56738 (Newfolden, MN) has more affordable housing with a median home value of $187,200 compared to $309,800 in 55368.
ZIP code 55368 has a population of 1,775 while 56738 has 1,228 residents, a difference of 547 people.