ZIP Code 55043 is associated with the city of Lakeland in Minnesota (Washington County) in the U.S. About 96.7% of residents in this Minnesota region have a high school degree or higher, while the per capita income is estimated at $44,852. Median househould income is at $86,406, with an estimated 3% of the population living below the poverty line. The median age in ZIP Code 55043 is approximately 45.8 years, and 24.2% of the region's residents are aged 62 years and older. The current population estimate is 3,559.
7:31 am
6:20 pm
Good
The median household income in ZIP Code 55043 is $86,406, while the region's mean household income is $108,495. Breaking income down further, per capita income in the region is $44,852. The per capita income in ZIP Code 55043 of $44,852 is approximately 19.21% more than the per capita income in Minnesota overall of $37,625. An estimated 2.7% of the population is living below the poverty line in this region. This rate is approximately 71.58% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 25.0% of the population in 55043 earn $100,000 to $149,999 per year, while an estimated 19.8% earn $50,000 to $74,999 per year, and 1.1% of 55043 residents earn $10,000 to $14,999 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 1.8% |
| $10,000 to $14,999 per year | 1.1% |
| $15,000 to $24,999 per year | 3.8% |
| $25,000 to $34,999 per year | 4.7% |
| $35,000 to $49,999 per year | 9.1% |
| $50,000 to $74,999 per year | 19.8% |
| $75,000 to $99,999 per year | 17.6% |
| $100,000 to $149,999 per year | 25.0% |
| $150,000 to $199,999 per year | 7.8% |
| $200,000 or more per year | 9.2% |
In ZIP Code 55043, 96.7% of the population graduated high school, while 35.6% have a bachelor's degree or higher. In this region, 0.8% achieved an education level less than 9th grade, while 11.8% hold a graduate or professional degree. Approximately 25.5% in this Washington County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 0.8% |
| 9th to 12th grade, no diploma | 2.4% |
| High school graduate (includes equivalency) | 25.5% |
| Some college, no degree | 24.1% |
| Associate's degree | 11.4% |
| Bachelor's degree | 23.8% |
| Graduate or professional degree | 11.8% |
Looking at race in the population that makes up ZIP Code 55043, 98.3% is one race, while 1.7% are two or more races. Approximately 0.4% of 55043 residents are hispanic or Latino (of any race). The most common race in 55043 (race alone or in combination with one or more other races), is White (98.5%), followed by Asian (1.6%) .
| Industry | Percent |
|---|---|
| White | 98.5% |
| Black or African American | 1.2% |
| American Indian and Alaska Native | 0.2% |
| Asian | 1.6% |
| Native Hawaiian and Other Pacific Islander | 0.0% |
| Some other race | 0.2% |
Residents of ZIP Code 55043 are older than average. The median age of 45.8 years in ZIP Code 55043 is approximately 20.21% higher than the overall median age in the U.S. of 38.1 years. About 80.8% of residents are aged 18 years and older, and 24.2% of residents are 62 years and over. Approximately 14.0% of the population in 55043 falls in the age group 45 to 54 years, while an estimated 11.6% are aged 25 to 34 years. On the low end of the scale, 1.0% of 55043 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 4.9% |
| 5 to 9 years | 4.7% |
| 10 to 14 years | 5.8% |
| 15 to 19 years | 6.3% |
| 20 to 24 years | 4.7% |
| 25 to 34 years | 11.6% |
| 35 to 44 years | 11.2% |
| 45 to 54 years | 14.0% |
| 55 to 59 years | 9.2% |
| 60 to 64 years | 10.0% |
| 65 to 74 years | 11.5% |
| 75 to 84 years | 5.1% |
| 85 years and over | 1.0% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 55043 is current access to health insurance, as an estimated 95.4% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 55043 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 95.4% |
| Risk Behavior | Percent of adults* |
|---|
Regarding the age of homes in ZIP Code 55043, an estimated 25.1% of homes were built between 1970 and 1979. Additionally, 15.1% of homes in the region were built in 1939 or earlier, while an estimated 0.5% of homes were built between 2010 and 2013 in this Washington County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 0.6% |
| Built between 2010 and 2013 | 0.5% |
| Built between 2000 and 2009 | 5.8% |
| Built between 1990 and 1999 | 10.5% |
| Built between 1980 and 1989 | 14.1% |
| Built between 1970 and 1979 | 25.1% |
| Built between 1960 and 1969 | 13.6% |
| Built between 1950 and 1959 | 7.3% |
| Built between 1940 and 1949 | 7.5% |
| Built in 1939 or earlier | 15.1% |
In 55043, 68.2% of the population is in the labor force. Recent estimates place 4.2% as working from home, while the total labor force in the region has a mean travel to time to work of 28.2 minutes. Approximately 21.0% of the employed population 16 years and over in 55043 work in educational services, and health care and social assistance, while an estimated 13.2% work in manufacturing. On the lower end of the scale, just 0.5% of 55043 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.5% |
| Construction | 8.2% |
| Manufacturing | 13.2% |
| Wholesale trade | 2.5% |
| Retail trade | 9.0% |
| Transportation and warehousing, and utilities | 4.8% |
| Information | 2.7% |
| Finance and insurance, and real estate and rental and leasing | 8.2% |
| Professional, scientific, management, and administrative | 9.4% |
| Educational services, and health care and social assistance | 21.0% |
| Arts, entertainment, and recreation, and accommodation and food services | 8.1% |
| Other services, except public administration | 5.8% |
| Public administration | 6.5% |
In ZIP Code 55043, 98.1% of the population lists "English only" as the language spoken in home, while 0.8% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 0.6% of homes, and other Indo-European languages are spoken in 0.3% of homes. Lastly, 0.1% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Washington County region.
| Language Spoken | Percent |
|---|---|
| English only | 98.1% |
| Spanish | 0.8% |
| Other Indo-European languages | 0.6% |
| Asian and Pacific Islander languages | 0.3% |
| Other languages | 0.1% |
Regarding solar power potential, ZIP Code 55043 has an average daily solar radiation level of 4.78 kWh/m2/day. This is approximately 16.02% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 27.47% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 55043 | 11.48¢/kWh | 8.73¢/kWh | 6.83¢/kWh |
| Minnesota | 16.32¢/kWh | 13.1¢/kWh | 9.79¢/kWh |
| United States | 16.62¢/kWh | 13.58¢/kWh | 8.81¢/kWh |
| Month | ZIP Code 55043 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 3.27 | 1.9 | 5.84 |
| Feb | 4.3 | 3 | 6.31 |
| Mar | 4.87 | 3.65 | 7.02 |
| Apr | 5.53 | 5.13 | 7.3 |
| May | 5.63 | 5.17 | 7.13 |
| Jun | 5.87 | 5.72 | 6.95 |
| Jul | 6.22 | 6.22 | 6.51 |
| Aug | 5.96 | 6.08 | 6.65 |
| Sep | 5.43 | 5.15 | 7.02 |
| Oct | 4.2 | 3.32 | 6.92 |
| Nov | 3.26 | 2.33 | 5.99 |
| Dec | 2.82 | 1.78 | 5.46 |
Regarding consumer complaints about financial products in ZIP Code 55043, mortgage have received the most complaints in 55043 in the past 12 months. received the second most complaints. The most frequent complaint overall in this Washington County region was struggling to pay mortgage.
| Complaint Product | Number of Complaints* |
|---|---|
| Mortgage | 2 |
| Complaint Issue | Number of Complaints* |
|---|---|
| Struggling to pay mortgage | 1 |
| Trouble during payment process | 1 |