ZIP Code 55707 -- Barnum, MN

Carlton | 2024 American Community Survey Data

Key Insights

  • 86.41% of housing units are owner-occupied — indicating a stable, established neighborhood with strong homeownership.

Quick Overview

Population
3,470
Unknown
Median Income
$82,167
Home Value
$246,400
Median Rent
$920
Median Age
44.20
Diversity Index
15.00
Very Low
Cost of Living
83.5
below average
Unemployment
4.5%

About ZIP Code 55707

ZIP code 55707 in Barnum, Minnesota is a unknown area with a population of 3,470. The median household income is $82,167, which is This is 10% above the national median of $75,000.. The median home value is $246,400, representing a price-to-income ratio of 3x . The cost of living is below average with an index of 83.5 (the national average is 100). Residents have a median age of 44.20 years. Approximately 24.2% of adults hold a bachelor's degree or higher. This ZIP code is located in Carlton, MN.

Population & Age

Total Population
3,470
Median Age
44.20
Male Population
1,774
51.1%
Female Population
1,696
48.9%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
15.00 Very Low
White
92.7%
Black or African American
0.1%
Hispanic or Latino
0.7%
Asian
0.9%
Native American
0.4%
Pacific Islander
0.0%
Two or More Races
5.6%
Other Race
0.4%

Racial Composition

Income & Economy

Median Household Income
$82,167
Mean Household Income
$95,165
Per Capita Income
$37,283
Below Poverty Line
9.4%

This is 10% above the national median of $75,000.

Income Distribution

Housing

Median Home Value
$246,400
Median Rent
$920
Total Housing Units
1,670
Occupied Units
1,376
Vacant Units
294
17.6% vacancy
Median Year Built
1983
Owner Occupied
86.4%
Renter Occupied
13.6%
Price-to-Income Ratio 3x

Affordable housing market

Ownership vs Rental

Owner 86.4% Renter 13.6%

Education

High School Diploma or Higher 95.6%
Bachelor's Degree or Higher 24.2%
Graduate or Professional Degree 10.0%

Employment & Commuting

Civilian Labor Force
1,696
Employment Rate
95.5%
Unemployment Rate
4.5%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
81.6%
Carpool
6.5%
Public Transit
0.0%
Work from Home
10.4%

Cost of Living Index

83.5
below average

The cost of living in ZIP code 55707 is 16.5% below the national average of 100.

0 National Avg (100) 200

Compare 55707 with:

Compare 55707 with Another ZIP Code

Nearby ZIP Codes

Other ZIP Codes in Carlton

ZIP Code City Population Median Income
55720 Cloquet 17,448 $64,167
55733 Esko 5,139 $118,260
55767 Moose lake 4,582 $78,988
55718 Carlton 3,111 $96,546
55797 Wrenshall 1,457 $87,039
55726 Cromwell 1,087 $80,313

Frequently Asked Questions about ZIP Code 55707

ZIP code 55707 (Barnum, MN) has a total population of 3,470 according to the 2024 American Community Survey. The median age is 44.20 years.

The median household income in ZIP code 55707 is $82,167 per year, based on 2024 Census Bureau data. This is 10% above the national median of $75,000.

ZIP code 55707 is primarily located in Barnum, Minnesota (MN). It falls within Carlton County.

The median home value in ZIP code 55707 is $246,400, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $920.

The median age in ZIP code 55707 is 44.20 years, compared to the national median of 38.9 years. This makes the area older than the national average.

ZIP code 55707 has a cost of living index of 83.47 (national average = 100). This means the cost of living is below average compared to the national average.

In ZIP code 55707, 24.16% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 9.95% hold a graduate or professional degree.

The unemployment rate in ZIP code 55707 is 4.54%, which is above the national average of 3.6%. About 10.36% of workers work from home.

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Data sourced from the 2024 American Community Survey (U.S. Census Bureau). Learn more about our data sources.