ZIP Code 55932 -- Elgin, MN
Wabasha | 2024 American Community Survey Data
Key Insights
- 85.29% of housing units are owner-occupied — indicating a stable, established neighborhood with strong homeownership.
Quick Overview
About ZIP Code 55932
ZIP code 55932 in Elgin, Minnesota is a unknown area with a population of 1,999. The median household income is $100,078, which is This is 33% above the national median of $75,000.. The median home value is $316,500, representing a price-to-income ratio of 3.2x . The cost of living is below average with an index of 92.2 (the national average is 100). Residents have a median age of 38.50 years. Approximately 32.4% of adults hold a bachelor's degree or higher. This ZIP code is located in Wabasha, MN.
Population & Age
Age Distribution
Race & Ethnicity
Racial Composition
Income & Economy
This is 33% above the national median of $75,000.
Income Distribution
Housing
Moderately affordable
Ownership vs Rental
Education
Employment & Commuting
How People Get to Work
Cost of Living Index
The cost of living in ZIP code 55932 is 7.8% below the national average of 100.
Compare 55932 with:
Compare 55932 with Another ZIP Code
Nearby ZIP Codes
Other ZIP Codes in Wabasha
Frequently Asked Questions about ZIP Code 55932
ZIP code 55932 (Elgin, MN) has a total population of 1,999 according to the 2024 American Community Survey. The median age is 38.50 years.
The median household income in ZIP code 55932 is $100,078 per year, based on 2024 Census Bureau data. This is 33% above the national median of $75,000.
ZIP code 55932 is primarily located in Elgin, Minnesota (MN). It falls within Wabasha County.
The median home value in ZIP code 55932 is $316,500, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $730.
The median age in ZIP code 55932 is 38.50 years, compared to the national median of 38.9 years. This makes the area younger than the national average.
ZIP code 55932 has a cost of living index of 92.15 (national average = 100). This means the cost of living is below average compared to the national average.
In ZIP code 55932, 32.41% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 7.76% hold a graduate or professional degree.
The unemployment rate in ZIP code 55932 is 3.14%, which is below the national average of 3.6%. About 18.48% 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.