55963 Zip Code

May 2, 2024

Zip Code:	55963
City/Town:	Pine Island
State:	Minnesota

Population:	4,988
Per Capita Income:	$25,751
Mean Household Income:	$70,701

Total Housing Units:	1,943
Median Home Value:	$115,000
Median Year Homes Built:	1967

Land Area:	78.1 sq miles 202.2 sq kilometers
Water Area:	0.1 sq miles 0.3 sq kilometers

Population Information (55963 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

4,988

Male:

2,456

49.2%

Female:

2,532

50.8%

Median Age:

39.6 yrs

37.2 yrs

Under 5 years:

338

6.8%

6.5%

5 to 9 years:

356

6.2%

6.6%

10 to 19 years:

707

14.2%

13.8%

20 to 29 years:

531

10.6%

13.8%

30 to 39 years:

589

11.8%

13.0%

40 to 49 years:

748

15.0%

14.2%

50 to 59 years:

785

15.7%

13.6%

60 to 69 years:

487

9.8%

9.4%

70 to 79 years:

241

4.8%

5.4%

80 years and over:

206

4.1%

3.7%

Housing Information (55963 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$115,000

$119,600

Median year homes build:

1967

1971

Median real estate taxes:

$1,057 / yr.

$1,334 / yr.

Median rent:

$331 / mo.

$519 / mo.

Total households:

1,943

Family households:

1,408

72.5%

66.4%

Nonfamily households:

535

27.5%

33.6%

Households with individuals under 18 years:

684

35.2%

33.4%

Households with individuals 65 years and over:

444

22.9%

24.9%

Average household size:

2.5

Average family size:

3.0

Total housing units:

2,078

Occupied housing units:

1,943

93.5%

88.6%

Vacant housing units:

135

6.5%

11.4%

For rent:

1.9%

3.1%

Rented, not occupied:

0.2%

For sale only:

2.4%

1.4%

Sold, not occupied:

0.2%

0.3%

For seasonal, recreational, or occasional use:

0.3%

3.5%

All other vacants:

1.5%

2.8%

Homeowner vacancy rate:

3.0%

2.4%

Rental vacancy rate:

9.5%

9.2%

Owner-occupied housing units:

1,566

Population in owner-occupied housing units:

4,107

Average household size of owner-occupied units:

2.6

2.65

Renter-occupied housing units:

377

Population in renter-occupied housing units:

812

Average household size of renter-occupied units:

2.2

2.44

Educational Attainment (55963 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

2,668

Less than 9th grade:

189

7.1%

6.2%

9th to 12th grade, no diploma:

135

5.1%

8.7%

High school graduate (includes equivalency):

947

35.5%

29.0%

Some college, no degree:

638

23.9%

20.6%

Associate degree:

241

9.0%

7.5%

Bachelor's degree:

364

13.6%

17.6%

Graduate or professional degree:

154

5.8%

10.3%

Percent high school graduate or higher:

87.9%

85.0%

Percent bachelor's degree or higher:

19.4%

27.9%

Income Information (55963 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

1,482

29.7%

50.4%

Median income:

$30,795 / yr.

$27,932 / yr.

Full-time, year-round workers:

905

18.1%

59.7%

Median income:

$36,005 / yr.

$38,349 / yr.

Females 15 years and over with income:

1,545

31.0%

49.6%

Median income:

$18,349 / yr.

$16,327 / yr.

Full-time, year-round workers:

632

12.7%

40.3%

Median income:

$26,352 / yr.

$28,135 / yr.

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