ZIP Code 55718 -- Carlton, MN

Carlton | 2024 American Community Survey Data

Key Insights

  • 87.09% of housing units are owner-occupied — indicating a stable, established neighborhood with strong homeownership.

Quick Overview

Population
3,111
Unknown
Median Income
$96,546
Home Value
$319,100
Median Rent
$955
Median Age
43.50
Diversity Index
12.00
Very Low
Cost of Living
100.2
about average
Unemployment
6.2%

About ZIP Code 55718

ZIP code 55718 in Carlton, Minnesota is a unknown area with a population of 3,111. The median household income is $96,546, which is This is 29% above the national median of $75,000.. The median home value is $319,100, representing a price-to-income ratio of 3.3x . The cost of living is about average with an index of 100.2 (the national average is 100). Residents have a median age of 43.50 years. Approximately 29.2% of adults hold a bachelor's degree or higher. This ZIP code is located in Carlton, MN.

Population & Age

Total Population
3,111
Median Age
43.50
Male Population
1,747
56.2%
Female Population
1,364
43.8%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
12.00 Very Low
White
94.4%
Black or African American
0.9%
Hispanic or Latino
0.7%
Asian
0.0%
Native American
1.2%
Pacific Islander
0.0%
Two or More Races
3.4%
Other Race
0.2%

Racial Composition

Income & Economy

Median Household Income
$96,546
Mean Household Income
$108,267
Per Capita Income
$43,080
Below Poverty Line
4.3%

This is 29% above the national median of $75,000.

Income Distribution

Housing

Median Home Value
$319,100
Median Rent
$955
Total Housing Units
1,269
Occupied Units
1,201
Vacant Units
68
5.4% vacancy
Median Year Built
1981
Owner Occupied
87.1%
Renter Occupied
12.9%
Price-to-Income Ratio 3.3x

Moderately affordable

Ownership vs Rental

Owner 87.1% Renter 12.9%

Education

High School Diploma or Higher 96.8%
Bachelor's Degree or Higher 29.2%
Graduate or Professional Degree 8.4%

Employment & Commuting

Civilian Labor Force
1,666
Employment Rate
93.8%
Unemployment Rate
6.2%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
76.8%
Carpool
10.1%
Public Transit
0.0%
Work from Home
10.6%

Cost of Living Index

100.2
about average

The cost of living in ZIP code 55718 is 0.2% above the national average of 100.

0 National Avg (100) 200

Compare 55718 with:

Compare 55718 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
55707 Barnum 3,470 $82,167
55797 Wrenshall 1,457 $87,039
55726 Cromwell 1,087 $80,313

Frequently Asked Questions about ZIP Code 55718

ZIP code 55718 (Carlton, MN) has a total population of 3,111 according to the 2024 American Community Survey. The median age is 43.50 years.

The median household income in ZIP code 55718 is $96,546 per year, based on 2024 Census Bureau data. This is 29% above the national median of $75,000.

ZIP code 55718 is primarily located in Carlton, Minnesota (MN). It falls within Carlton County.

The median home value in ZIP code 55718 is $319,100, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $955.

The median age in ZIP code 55718 is 43.50 years, compared to the national median of 38.9 years. This makes the area older than the national average.

ZIP code 55718 has a cost of living index of 100.21 (national average = 100). This means the cost of living is about average compared to the national average.

In ZIP code 55718, 29.24% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 8.36% hold a graduate or professional degree.

The unemployment rate in ZIP code 55718 is 6.24%, which is above the national average of 3.6%. About 10.61% of workers work from home.

Explore More

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