Housing data for ZIP code 55932

ZIP code 55932 has an estimated 1,999 residents and 854 homes (US Census Bureau, 2020–2024 American Community Survey).

Most of its land lies in Elgin Township, Olmsted County.

14.7% of households rent.

The median gross rent is $730 (±$10) a month.

The median home value is $316,500 (±$16,007).

The median household income is $100,078 (±$9,907) a year.

Figures last updated on .

Residents
1,999 (±213)
Median gross rent
$730
Median home value
$316,500
Households that rent
14.7%

How ZIP code 55932 compares

Estimate (90% margin of error)
ZIP 55932Elgin TownshipOlmsted CountyMinnesotaUnited States
Residents1,999 (±213)724164,4985,739,445334,922,499
Housing units854 (±79)29671,1512,545,030143,775,355
Households that rent14.7% (±3.6 points)8.7%29.4%27.8%34.8%
Median gross rent$730 (±$10)$729$1,370$1,280$1,413
Median home value$316,500 (±$16,007)$362,900$331,700$329,300$332,700
Median household income$100,078 (±$9,907)$113,304$95,406$89,062$80,734
Median real estate taxes (a year)$2,730 (±$120)$2,621$3,525$3,357$3,119
Renters paying 30% or more of income33.7% (±20.7 points)47.4%48.1%48.1%51.1%
Built before 198049.7% (±6.7 points)48.7%40.7%52.1%49.7%
Average commute26.4 minutes (±2.2)29.0 minutes18.7 minutes22.7 minutes26.4 minutes
Households with broadband92.3% (±2.8 points)92.0%92.2%91.6%91.0%
Median age of residents38.5 years (±2.2)38.6 years37.8 years38.8 years38.9 years

In ZIP 55932, median gross rent is lower than in Olmsted County ($1,370).

It is also lower than in Minnesota ($1,280).

It is lower than the national figure ($1,413).

The median gross rent in ZIP code 55932 is not measurably different from Elgin Township as a whole ($729).

Its median home value is lower than in Elgin Township as a whole ($362,900).

Among the 10 ZIP codes in Olmsted County with a published estimate, ZIP 55932 ranks 10 from highest to lowest median gross rent.

Among the 10 ZIP codes in Olmsted County with a published estimate, ZIP 55932 ranks 8 from highest to lowest median home value.

Among the 10 ZIP codes in Olmsted County with a published estimate, ZIP 55932 ranks 5 from highest to lowest median household income.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Rent in ZIP code 55932

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentZIP 55932Olmsted CountyMinnesotaUnited States
Less than $5008.9% (±7.0 points)6.2%8.4%6.3%
$500 to $99971.3% (±12.0 points)21.0%21.5%20.2%
$1,000 to $1,4993.0% (±3.8 points)30.9%33.6%28.1%
$1,500 to $1,9998.9% (±8.3 points)24.0%21.4%21.1%
$2,000 to $2,4997.9% (±7.1 points)10.1%9.2%12.0%
$2,500 to $2,9990.0% (±19.8 points)3.1%3.0%5.5%
$3,000 or more0.0% (±19.8 points)4.7%3.0%6.8%

The most common range is $500 to $999, paid by 71.3% of renting households.

Rent by bedrooms in ZIP code 55932

Median gross rent by number of bedrooms, estimate (90% margin of error)
BedroomsCensus median
1 bedroom$708 (±$101)
2 bedrooms$726 (±$6)
4 bedrooms$1,722 (±$453)

Rent burden in ZIP code 55932

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentZIP 55932Olmsted CountyMinnesotaUnited States
Less than 15%36.8% (±15.1 points)13.2%12.9%12.6%
15% to 19.9%15.8% (±10.1 points)14.3%12.9%12.2%
20% to 24.9%5.3% (±6.3 points)13.5%13.9%12.6%
25% to 29.9%8.4% (±6.1 points)10.8%12.1%11.5%
30% to 34.9%11.6% (±10.8 points)11.6%9.7%9.2%
35% or more22.1% (±17.7 points)36.5%38.4%41.9%

33.7% (±20.7 points) of renting households in ZIP code 55932 spend 30% or more of their income on gross rent.

Home values in ZIP code 55932

Owner-occupied homes by value, 2020–2024
ValueZIP 55932Olmsted CountyMinnesotaUnited States
Less than $50,0001.2% (±1.0 points)3.6%4.0%5.3%
$50,000 to $99,9993.0% (±2.0 points)1.6%3.7%6.1%
$100,000 to $149,99910.0% (±3.4 points)3.2%5.2%6.8%
$150,000 to $199,9997.0% (±2.8 points)7.4%8.1%9.0%
$200,000 to $299,99923.8% (±5.2 points)27.7%22.6%17.8%
$300,000 to $499,99936.5% (±5.4 points)35.3%36.9%26.9%
$500,000 to $999,99914.1% (±3.3 points)18.7%17.0%20.9%
$1,000,000 or more4.5% (±1.8 points)2.5%2.6%7.1%

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

The homes in ZIP code 55932

Housing units by units in structure, 2020–2024
Building typeZIP 55932Olmsted CountyMinnesotaUnited States
Single-family, detached87.0% (±3.4 points)63.9%66.0%61.3%
Single-family, attached (townhouse, rowhouse)2.2% (±1.2 points)7.9%7.4%6.2%
2 units2.6% (±3.0 points)1.6%2.1%3.4%
3 or 4 units3.5% (±2.6 points)4.3%2.1%4.3%
5 to 9 units1.6% (±1.2 points)2.8%2.2%4.5%
10 to 19 units2.0% (±1.2 points)2.6%3.2%4.3%
20 or more units0.0% (±2.6 points)14.1%14.0%10.3%
Mobile home1.1% (±1.2 points)2.6%2.9%5.6%
Boat, RV, van, etc.0.0% (±2.6 points)0.1%0.0%0.1%

When the homes in ZIP code 55932 were built

Housing units by year structure built, 2020–2024
Year builtZIP 55932Olmsted CountyMinnesotaUnited States
2020 or later4.1% (±4.5 points)2.2%1.9%2.0%
2010 to 20193.0% (±1.3 points)13.3%8.5%9.4%
2000 to 200918.6% (±4.4 points)19.4%13.3%13.6%
1990 to 199914.5% (±4.4 points)13.8%12.2%12.4%
1980 to 198910.1% (±3.4 points)10.8%12.0%12.9%
1970 to 197921.9% (±4.7 points)12.5%14.2%14.2%
1960 to 19696.1% (±2.0 points)9.1%9.1%9.9%
1950 to 19591.1% (±0.7 points)7.6%9.1%9.5%
1940 to 19491.9% (±1.1 points)2.9%4.1%4.4%
1939 or earlier18.7% (±4.1 points)8.6%15.6%11.7%

49.7% of the homes in ZIP code 55932 were built before 1980, so many fall under the federal lead-paint disclosure rules for homes built before 1978.

Heating fuel in ZIP code 55932

Occupied housing units by house heating fuel, 2020–2024
Fuel used mostZIP 55932Olmsted CountyMinnesotaUnited States
Utility gas50.6% (±5.1 points)71.5%65.1%46.5%
Fuel oil, kerosene, etc.0.4% (±0.5 points)0.2%1.3%3.9%
Electricity11.5% (±4.2 points)18.1%19.4%41.3%
Bottled or tank gas (propane)32.4% (±4.5 points)7.8%10.8%4.9%
Wood3.5% (±2.7 points)0.7%1.6%1.4%
Solar energy0.0% (±2.9 points)0.0%0.1%0.3%
Coal or coke0.0% (±2.9 points)0.0%0.0%0.1%
Other fuel1.7% (±1.2 points)0.8%0.9%0.5%
No fuel used0.0% (±2.9 points)0.7%0.9%1.2%

How people in ZIP code 55932 get to work

Workers 16 and over by means of transportation to work, 2020–2024
Means of transportationZIP 55932Olmsted CountyMinnesotaUnited States
Drove alone69.6% (±4.4 points)66.9%68.9%68.8%
Carpooled8.5% (±3.0 points)9.3%7.5%8.5%
Public transportation0.3% (±0.4 points)2.9%1.8%3.2%
Walked3.2% (±1.8 points)3.7%2.5%2.4%
Other means (bicycle, taxi, motorcycle)0.0% (±2.0 points)1.8%1.7%2.0%
Worked from home18.5% (±3.7 points)15.4%17.6%15.1%

Workers who live in ZIP code 55932 take an average of 26.4 minutes to get to work.

Places in ZIP code 55932

Places whose land overlaps this ZIP code, with the share of the ZIP’s land in each
PlaceShare of the ZIP’s land in this placeMedian gross rentHouseholds that rent
Elgin Township45%$7298.7%
Farmington Township37%$1,88923.0%
Viola Township15%$9503.0%

A township or a New York town includes the villages inside it, so their shares can add up to more than the whole.

ZIP codes near 55932

Nearest ZIP codes with Census figures, by straight-line distance between their internal points
ZIP codeDistanceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
559066.5 mi$1,196$377,800$93,68525.0%
559577.0 mi$833$265,800$76,09418.8%
559647.0 mi$848$253,200$84,31815.7%
559919.6 mi$918$350,000$82,29211.9%
5593410 mi$826$327,700$84,95218.2%
5590111 mi$1,403$317,000$94,60735.7%
5596012 mi$1,200$481,200$130,2276.7%
5592914 mi$855$332,300$118,97710.3%

Crime reported to police in Olmsted County

In 2025, the police departments that report for Olmsted County recorded 162 violent and 1,191 property crimes per 100,000 residents.

The FBI publishes crime by police department, not by ZIP code, so this is the figure for the county as a whole.

ZIP code 55932 is reported as ZIP Code Tabulation Area 55932: the Census Bureau’s area built from census blocks to match the ZIP code’s delivery area as closely as it can.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about ZIP 55932

What is the median rent in ZIP code 55932?

The median gross rent in ZIP Code Tabulation Area 55932 is $730 (±$10) a month (2020–2024 American Community Survey).

What is the median home value in ZIP code 55932?

The median value of owner-occupied homes in ZIP code 55932 is $316,500 (±$16,007) (2020–2024 American Community Survey).

What is the median household income in ZIP code 55932?

The median household income in ZIP code 55932 is $100,078 (±$9,907) a year (2020–2024 American Community Survey).

What town is ZIP code 55932 in?

Most of ZIP code 55932’s land lies in Elgin Township; it also covers Farmington Township, Viola Township.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for ZCTA5 55932 (zip code tabulation area:55932).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0134E, DP04_0134M, DP04_0089E, DP04_0089M, DP03_0062E, DP03_0062M, DP04_0047PE, DP04_0047PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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