ZIP Code 55357 is associated with the city of Loretto in Minnesota (Hennepin County) in the U.S. Median househould income in this ZIP sits at $110,250, and approximately 1% of the population lives below the poverty line. About 97.2% of residents in this Minnesota region have a high school degree or higher, while the per capita income is estimated at $58,169. The median age in ZIP Code 55357 is approximately 43.3 years, with 17.8% of residents aged 62 years and older. The current population estimate is 3,398.
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The median household income in ZIP Code 55357 is $110,250, while the region's mean household income is $168,103. Breaking income down further, per capita income in the region is $58,169. The per capita income in ZIP Code 55357 of $58,169 is approximately 54.6% more than the per capita income in Minnesota overall of $37,625. An estimated 1.3% of the population is living below the poverty line in this region. This rate is approximately 86.32% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 24.1% of the population in 55357 earn $200,000 or more per year, while an estimated 21.1% earn $100,000 to $149,999 per year, and 0.9% of 55357 residents earn less than $10,000 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 0.9% |
| $10,000 to $14,999 per year | 1.8% |
| $15,000 to $24,999 per year | 4.5% |
| $25,000 to $34,999 per year | 3.2% |
| $35,000 to $49,999 per year | 8.9% |
| $50,000 to $74,999 per year | 14.6% |
| $75,000 to $99,999 per year | 11.8% |
| $100,000 to $149,999 per year | 21.1% |
| $150,000 to $199,999 per year | 9.1% |
| $200,000 or more per year | 24.1% |
In ZIP Code 55357, 97.2% of the population graduated high school, while 37.6% have a bachelor's degree or higher. In this region, 1.1% achieved an education level less than 9th grade, while 11.2% hold a graduate or professional degree. Approximately 23.5% in this Hennepin County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 1.1% |
| 9th to 12th grade, no diploma | 1.7% |
| High school graduate (includes equivalency) | 23.5% |
| Some college, no degree | 25.8% |
| Associate's degree | 10.4% |
| Bachelor's degree | 26.4% |
| Graduate or professional degree | 11.2% |
Looking at race in the population that makes up ZIP Code 55357, 98.9% is one race, while 1.1% are two or more races. Approximately 0.2% of 55357 residents are hispanic or Latino (of any race). The most common race in 55357 (race alone or in combination with one or more other races), is White (99.0%), followed by Asian (1.9%) .
| Industry | Percent |
|---|---|
| White | 99.0% |
| Black or African American | 0.2% |
| American Indian and Alaska Native | 0.0% |
| Asian | 1.9% |
| Native Hawaiian and Other Pacific Islander | 0.2% |
| Some other race | 0.0% |
Residents of ZIP Code 55357 are older than average. The median age of 43.3 years in ZIP Code 55357 is approximately 13.65% higher than the overall median age in the U.S. of 38.1 years. About 71.3% of residents are aged 18 years and older, and 17.8% of residents are 62 years and over. Approximately 19.6% of the population in 55357 falls in the age group 45 to 54 years, while an estimated 10.6% are aged 10 to 14 years. On the low end of the scale, 0.1% of 55357 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 6.0% |
| 5 to 9 years | 5.3% |
| 10 to 14 years | 10.6% |
| 15 to 19 years | 8.7% |
| 20 to 24 years | 4.5% |
| 25 to 34 years | 7.4% |
| 35 to 44 years | 9.8% |
| 45 to 54 years | 19.6% |
| 55 to 59 years | 8.4% |
| 60 to 64 years | 6.0% |
| 65 to 74 years | 8.6% |
| 75 to 84 years | 4.9% |
| 85 years and over | 0.1% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 55357 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 55357 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 55357, an estimated 20.4% of homes were built between 1990 and 1999. Additionally, 17.6% of homes in the region were built between 2000 and 2009, while an estimated 0.4% of homes were built in 2014 or later in this Hennepin County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 0.4% |
| Built between 2010 and 2013 | 0.5% |
| Built between 2000 and 2009 | 17.6% |
| Built between 1990 and 1999 | 20.4% |
| Built between 1980 and 1989 | 12.1% |
| Built between 1970 and 1979 | 13.2% |
| Built between 1960 and 1969 | 14.2% |
| Built between 1950 and 1959 | 2.9% |
| Built between 1940 and 1949 | 3.9% |
| Built in 1939 or earlier | 14.8% |
In 55357, 70.1% of the population is in the labor force. Recent estimates place 8.4% as working from home, while the total labor force in the region has a mean travel to time to work of 28.1 minutes. Approximately 17.4% of the employed population 16 years and over in 55357 work in manufacturing, while an estimated 14.3% work in professional, scientific, management, and administrative. On the lower end of the scale, just 0.9% of 55357 workers 16 years and over work in information.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 2.5% |
| Construction | 9.6% |
| Manufacturing | 17.4% |
| Wholesale trade | 3.9% |
| Retail trade | 9.6% |
| Transportation and warehousing, and utilities | 5.8% |
| Information | 0.9% |
| Finance and insurance, and real estate and rental and leasing | 7.6% |
| Professional, scientific, management, and administrative | 14.3% |
| Educational services, and health care and social assistance | 13.8% |
| Arts, entertainment, and recreation, and accommodation and food services | 4.3% |
| Other services, except public administration | 6.6% |
| Public administration | 3.7% |
In ZIP Code 55357, 98.8% of the population lists "English only" as the language spoken in home, while 0.5% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 0.7% of homes, and other Indo-European languages are spoken in 0.0% of homes. Lastly, 0.0% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Hennepin County region.
| Language Spoken | Percent |
|---|---|
| English only | 98.8% |
| Spanish | 0.5% |
| Other Indo-European languages | 0.7% |
| Asian and Pacific Islander languages | 0.0% |
| Other languages | 0.0% |
Regarding solar power potential, ZIP Code 55357 has an average daily solar radiation level of 4.82 kWh/m2/day. This is approximately 16.99% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 26.86% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 55357 | 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 55357 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 3.15 | 1.9 | 5.84 |
| Feb | 4.16 | 3 | 6.31 |
| Mar | 4.81 | 3.65 | 7.02 |
| Apr | 5.6 | 5.13 | 7.3 |
| May | 5.87 | 5.17 | 7.13 |
| Jun | 5.95 | 5.72 | 6.95 |
| Jul | 6.4 | 6.22 | 6.51 |
| Aug | 6.03 | 6.08 | 6.65 |
| Sep | 5.48 | 5.15 | 7.02 |
| Oct | 4.23 | 3.32 | 6.92 |
| Nov | 3.41 | 2.33 | 5.99 |
| Dec | 2.72 | 1.78 | 5.46 |