ZIP Code 55940 — Hayfield, MN

Dodge | 2024 Census Data

Key Takeaway

ZIP code 55940 in Hayfield, MN has a population of 2,791 with a median household income of $83,885 and a median home value of $245,900 . The cost of living index is 85.9 (national average = 100).

Population & Age

Total Population
2,791
Median Age
38.40
Male
1,425
Female
1,366

Race & Ethnicity

White
86.0%
Black
5.0%
Hispanic
4.9%
Asian
1.0%
Native American
0.1%
Pacific Islander
0.0%
Two or More
5.2%
Other
2.6%

Income

Median Household
$83,885
Mean Household
$98,482
Per Capita
$39,241
Below Poverty
10.5%

Housing

Median Home Value
$245,900
Median Rent
$995
Total Units
1,173
Occupied
1,089
Owner Occupied
77.4%
Renter Occupied
22.6%
Median Year Built
1972
Vacant
84

Education

High School or Higher 94.1%
Bachelor's or Higher 24.4%
Graduate Degree 6.9%

Employment & Commuting

Labor Force
1,496
Unemployment
3.5%
Drive Alone
75.5%
Public Transit
0.4%
Work from Home
11.9%
Avg Commute
N/A

Cost of Living Index

85.9
National average = 100. Below average by 14.1%.

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Frequently Asked Questions

What is the population of ZIP code 55940?

ZIP code 55940 (Hayfield, MN) has a total population of 2,791 according to the 2024 American Community Survey.

What is the median household income in ZIP code 55940?

The median household income in ZIP code 55940 is $83,885 per year, based on 2024 Census Bureau data.

What city is ZIP code 55940 in?

ZIP code 55940 is primarily located in Hayfield, Minnesota (MN).

What is the median home value in ZIP code 55940?

The median home value in ZIP code 55940 is $245,900, based on the 2024 American Community Survey 5-year estimates.

What is the median age in ZIP code 55940?

The median age in ZIP code 55940 is 38.40 years, compared to the national median of 38.9 years.