55368 Zip Code Map | Maps, Demographics and Population for Norwood, MN

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55368 is a 5-digit zip code located in Norwood, Minnesota. Norwood is the primary city for 55368 and is located in Nelson. In the most recent US census the population of 55368 was 2305.

There are a total of 970 housing units in 55368, Minnesota. A total of 3.61% (35) are currently vacant.

Heading	Statistic
Timezone	GMT-6
City Name	Norwood
Housing Units	970
Median Home Value	$268,500
Universities	0
Law Enforcement	0 Locations
Hospitals	0

Heading	Statistic
Current Population	2,305*
Avg Income	$83,472
Occupied Houses	780
Vacant Houses	35
* Population taken from the last census in 2020.

Zip Code Products Showing 55368

Minnesota 3-Digit Zip Code Map Showing 55368

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County Map Showing 55368, Minnesota

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Population Figures for 55368

Total Population by Age

55368 has a total population of 2,305. In the bar chart and table below, this population is split into 18 different age range segments.

Most inhabitants of 55368 are in the 40 to 44 years age bracket. As of the last census, there are 217 people in this segment.

The 85 years and over segment is the smallest age range in 55368. There are just 27 people in this category.

Age Range	Population
Under 5	88
5 to 9	132
10 to 14	97
15 to 19	114
20 to 24	112
25 to 29	171
30 to 34	94
35 to 39	51
40 to 44	217

Age Range	Population
45 to 49	176
50 to 54	157
55 to 59	61
60 to 64	55
65 to 69	157
70 to 74	74
75 to 79	102
80 to 84	95
Over 85	27

Race and Gender Population of 55368

Men make up the highest portion of people in 55368. There are 1,001 men and 979 women in this 5-digit zip code.

There are no people who identify as: American Indian, Native Hawaiian, Some other race in this 55368 zip code.

Most people in this zip code are White, with a total of 1,935 people in this category.

The chart and table below shows the population of people and which race they belong to in 55368

Gender	Population
Male	1,001
Female	979

Race	Population
White	1,935
Black	6
Asian	1

Real Estate Figures

Median Rent	Median House Value	Median Rooms in House	Most Common Heating Type
$1	$268,500	6.5 rooms	Utility gas

Housing Types in 55368 Zip Code

Below are two charts showing the amount of occupied vs vacant homes and the amount of renter vs owner occupied houses in the 55368 zip code.

The 55368 zip code area has a homeowner vacancy rate of 5.88% and a rental vacancy rate of 13.73%. This means there are a total of 35 vacant housing units throughout the zip code area. Conversely there are 780 housing units that are currently occupied.

Occupied Units	Vacant Units	Owner Vacancy Rate	Rental Vacancy Rate
780	35	5.88%	13.73%

Owner-Occupied	Renter-Occupied
560	220

Property Value in 55368

Most homes in 55368 are valued Median, with 268,500 houses in this category.

There are just 70 houses valued at Median. As you can see in the chart and table below, this is the smallest segment in this zip code.

The affordability ratio for the 55368 zip code in Minnesota is 2.5. This is calculated by dividing the median housing value by the median income and is used to show how affordable a zip code is.

An affordability ratio of 2.5 is generally considered Low (Affordable).

House Value	Units
Less than $50,000	3,090
$50,000 to $99,999	80
$100,000 to $149,999	2,010
$150,000 to $199,999	100,040
$200,000 to $299,999	106,010

House Value	Units
$300,000 to $499,999	104,090
$500,000 to $999,999	7,010
$1,000,000 or more	70
Median House Value	$268,500

Heating Types for Homes in 55368

There are 7 different heating types used by people in the 55368 zip code area. As you can see from the table and chart below; Utility gas, Bottled, tank, or LP gas, Electricity, Fuel oil, kerosene, etc., Wood, Other fuel, No fuel used are the most commonly used heating types in this area.

Utility gas is most commonly used to heat homes in 55368. As you can see below, there are 465 houses that use this method.

Heating Type	Units
Utility gas	465
Bottled, tank, or LP gas	205
Electricity	79
Fuel oil, kerosene, etc.	10
Coal or coke	0

Heating Type	Units
Wood	3
Solar energy	0
Other fuel	2
No fuel used	16

Household Income Generated 12-months of 2022

The chart and tables below show the household income segments for households in the 55368. 0.3 of households are on the low end, earning less than $10,000 in 2022.

On the other end, 7.8 of households earned more than $200,000 in the same year. You will also see that the mean income of this zip code is around $105,911.

Most households in 55368 earn in the $100,000 to $149,999 range. 22% of households are in this segment.

Income Range	Percent
Less than $10,000	0.3
$10,000 to $14,999	0.3
$15,000 to $24,999	9.7
$25,000 to $34,999	6.5
$35,000 to $49,999	9.5
$50,000 to $74,999	14.1

Income Range	Percent
$75,000 to $99,999	17.9
$100,000 to $149,999	22.1
$150,000 to $199,999	11.8
$200,000 or more	7.8
Mean income	$105,911

Bedrooms, Rooms and Units in Structures in 55368

Below are three pie charts and tables showing the amount of bedrooms, total rooms and structures in houses for this zip code.

Most houses in 55368 have 5 or more bedrooms, with a total of 39 houses.

In regards to rooms in general, people in this zip code have an average of 6.5 rooms in their house. Most houses actually have 9 rooms or more in their house. 162 homes fit into this category.

162 homes in 55368 are in the 1-unit, detached category, which is the most common in terms of structures for this area.

The largest homes tracked, which are 20 units or more, make up 0 of the houses in this zip code. On the other end, 759 houses make up the smallest homes, which are 1 unit, mobile homes or boats.

Bedrooms	Units
No bedroom	39
1 bedroom	39
2 bedrooms	39
3 bedrooms	39
4 bedrooms	39
5 or more bedrooms	39

Rooms	Units
1 room	0
2 rooms	30
3 rooms	77
4 rooms	95
5 rooms	148
6 rooms	56
7 rooms	142
8 rooms	105
9 rooms or more	162
Median rooms	6.5

Units in Structure	Units
1-unit, detached	577
1-unit, attached	12
2 units	12
3 or 4 units	45
5 to 9 units	11
10 to 19 units	0
20 or more units	0
Mobile home	139
Boat, RV, van, etc.	31

Healthcare and Hospitals

Hospitals Database

There are currently no hospital and healthcare locations in the zip code of 55368.

Universities

Universities Database