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ZIP Code 55940

ZIP / ZCTA

Population: 2,810

ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes. Boundaries may differ slightly from postal delivery areas, and estimates for less-populated ZCTAs carry higher margins of error.

Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — 55940

What is the median household income in 55940?
The median household income in 55940 is $83,906 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in 55940?
The poverty rate in 55940 is 7.1% (U.S. Census Bureau ACS 2023).
What is the median home value in 55940?
$240,700 (U.S. Census Bureau ACS 2023).
What is the average rent in 55940?
The median gross rent in 55940 is $1,009 per month (U.S. Census Bureau ACS 2023).
What percentage of 55940 residents have a college degree?
24.6% of adults in 55940 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
2,810
Median Income
$83,906
Median Home Value
$240,700
Poverty Rate
7.1%
Unemployment (ACS 2023)
2.9%
Median Age
38.0 yrs
Since 2019 Median Income: +$22,982 (+37.7%) Home Value: +$75,800 (+46%) Poverty Rate: +2.4 pp (+51.1%) Bachelor's+: -0.5 pp (-2%) Unemployment: +0.5 pp (+20.8%)

Demographics

Total Population 2,810
Median Age 38.0
Female 48.8%
Race & Ethnicity
Hispanic or Latino 3.4% White (non-Hisp.) 86.8% Black 4.6% Asian 1.1% Two or More 3.3% Other 2.6%
Asian Subgroups (% of total pop.)
Filipino
0.5%
Korean
0.1%
Hispanic Subgroups (% of total pop.)
Mexican
2.5%
Cuban
0.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $83,906 ±$12,998
Per Capita Income $101,843
Median Family Income $103,889
Poverty Rate 7.1%
Child Poverty Rate 9.8%
Working-Age Poverty Rate
SNAP Recipients 8.1%
Social Security Income
Retirement Income 21.3%
Household Income Distribution
< $10k
3.6%
$10–15k
1.9%
$15–25k
7.1%
$25–35k
7.9%
$35–50k
6.7%
$50–75k
16.1%
$75–100k
15.7%
$100–150k
21.1%
$150–200k
12.7%
$200k+
7.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 1,186
Owner-Occupied 78.4%
Renter-Occupied 21.6%
Vacancy Rate 5.8%
Median Home Value $240,700
Median Gross Rent $1,009
Owner Cost Burden (30%+) 13.6%
Renter Cost Burden (30%+) 46.5%
Home Value Distribution
< $50k
2.6%
$50–100k
3.7%
$100–200k
13.6%
$200–300k
23.6%
$300–500k
26.3%
$500k–$1M
9.5%
$1M+
1.6%
Gross Rent Distribution
< $500
13.4%
$500–1k
36.2%
$1–1.5k
43.5%
$1.5–2k
5.6%
$2–2.5k
1.3%
Vehicle Availability
No vehicle
6.8%
1 vehicle
19.2%
2 vehicles
41.5%
3+
32.4%
Housing Type
Single-fam. det.
81.9%
Single-fam. att.
4.1%
2–4 units
0.6%
5–19 units
0.3%
20+ units
3.4%
Mobile home
3.0%
Housing Age
Pre-1940
31.8%
1940–1969
1.9%
1970–1999
14.1%
2000–2009
13.5%
2010+
6.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 94.7%
Bachelor's or Higher 24.6%
Graduate Degree 7.5%
Some College / Associate 23.7%
Less Than High School 1.5%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 68.9%
Unemployment Rate 2.9%
Work from Home 11.0%
Self-Employed 9.4%
Government Workers 13.6%
Private For-Profit 76.8%
Industry
Edu/Health
32.6%
Manufacturing
12.3%
Retail
11.5%
Construction
8.1%
Agriculture
6.6%
Arts/Entmt.
5.9%
Transportation
5.1%
Public Admin
4.5%
Prof. Services
3.9%
Finance
3.0%
Wholesale
2.7%
Information
0.2%
Occupation
Management
41.6%
Sales
18.0%
Food Prep
15.2%
Production
13.4%
Construction
11.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 27.0 min
Drove Alone 76.2%
Carpool 8.6%
Public Transit 0.5%
Work from Home 11.0%
Walked 2.5%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 1,117
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 57.1%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 22.8%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
5.3%
5–9
6.5%
10–14
7.5%
15–19
7.7%
20–24
5.4%
25–34
12.0%
35–44
13.6%
45–54
10.6%
55–64
6.8%
65–74
6.8%
75–84
8.8%
85+
4.7%
Under 18: 24.8% Working age (18–64): 75.2% 65 and over: 17.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 1.1%
Naturalized Citizen 71.0%
Speaks English Less Than Very Well 0.6%
Foreign-Born Origin
Latin America
67.7%
Europe
29.0%
Asia
3.2%

Veterans & Disability

Veteran 6.9%
With a Disability 12.8%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 97.6%
Uninsured 2.4%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 86.3%
Has a Computer 89.2%
Same House 1 Year Ago 92.4%
Moved from Abroad 0.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023