ZIP Code 55923 -- Chatfield, MN

Fillmore | 2024 American Community Survey Data

Key Insights

  • 88.21% of housing units are owner-occupied — indicating a stable, established neighborhood with strong homeownership.

Quick Overview

Population
4,375
Unknown
Median Income
$96,328
Home Value
$293,000
Median Rent
$776
Median Age
41.00
Diversity Index
14.40
Very Low
Cost of Living
88.7
below average
Unemployment
2.1%

About ZIP Code 55923

ZIP code 55923 in Chatfield, Minnesota is a unknown area with a population of 4,375. The median household income is $96,328, which is This is 28% above the national median of $75,000.. The median home value is $293,000, representing a price-to-income ratio of 3x . The cost of living is below average with an index of 88.7 (the national average is 100). Residents have a median age of 41.00 years. Approximately 32.5% of adults hold a bachelor's degree or higher. This ZIP code is located in Fillmore, MN.

Population & Age

Total Population
4,375
Median Age
41.00
Male Population
2,189
50.0%
Female Population
2,186
50.0%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
14.40 Very Low
White
95.2%
Black or African American
0.4%
Hispanic or Latino
3.0%
Asian
1.0%
Native American
0.0%
Pacific Islander
0.0%
Two or More Races
2.8%
Other Race
0.6%

Racial Composition

Income & Economy

Median Household Income
$96,328
Mean Household Income
$118,353
Per Capita Income
$45,423
Below Poverty Line
5.4%

This is 28% above the national median of $75,000.

Income Distribution

Housing

Median Home Value
$293,000
Median Rent
$776
Total Housing Units
1,761
Occupied Units
1,680
Vacant Units
81
4.6% vacancy
Median Year Built
1978
Owner Occupied
88.2%
Renter Occupied
11.8%
Price-to-Income Ratio 3x

Affordable housing market

Ownership vs Rental

Owner 88.2% Renter 11.8%

Education

High School Diploma or Higher 95.0%
Bachelor's Degree or Higher 32.5%
Graduate or Professional Degree 11.6%

Employment & Commuting

Civilian Labor Force
2,377
Employment Rate
97.9%
Unemployment Rate
2.1%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
74.7%
Carpool
8.7%
Public Transit
0.1%
Work from Home
12.7%

Cost of Living Index

88.7
below average

The cost of living in ZIP code 55923 is 11.3% below the national average of 100.

0 National Avg (100) 200

Compare 55923 with:

Compare 55923 with Another ZIP Code

Nearby ZIP Codes

Other ZIP Codes in Fillmore

ZIP Code City Population Median Income
55975 Spring valley 4,433 $77,411
55971 Rushford 3,018 $88,750
55965 Preston 2,300 $65,577
55939 Harmony 1,973 $70,855
55949 Lanesboro 1,923 $84,327
55935 Fountain 1,006 $85,000

Frequently Asked Questions about ZIP Code 55923

ZIP code 55923 (Chatfield, MN) has a total population of 4,375 according to the 2024 American Community Survey. The median age is 41.00 years.

The median household income in ZIP code 55923 is $96,328 per year, based on 2024 Census Bureau data. This is 28% above the national median of $75,000.

ZIP code 55923 is primarily located in Chatfield, Minnesota (MN). It falls within Fillmore County.

The median home value in ZIP code 55923 is $293,000, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $776.

The median age in ZIP code 55923 is 41.00 years, compared to the national median of 38.9 years. This makes the area older than the national average.

ZIP code 55923 has a cost of living index of 88.65 (national average = 100). This means the cost of living is below average compared to the national average.

In ZIP code 55923, 32.51% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 11.57% hold a graduate or professional degree.

The unemployment rate in ZIP code 55923 is 2.10%, which is below the national average of 3.6%. About 12.72% 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.