ZIP 55068 - 860Z200US55068 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 55068, located in the vibrant Rosemount area of Minnesota, this demographic and housing snapshot offers a clear picture of the community. With data from 2023, we’ve compiled key metrics on population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s dive into what makes ZIP 55068 unique and how it could align with your goals.

Population & Households

ZIP 55068 is home to a population of 32,194 residents, making it a moderately sized community with a suburban feel. These individuals are distributed across 11,521 households, reflecting a strong residential base. The total number of housing units stands at 11,794, indicating a slight surplus of available homes relative to occupied households. This balance suggests a stable housing market with room for growth, which could be appealing if you’re looking to buy or invest in the area.

Income & Housing Costs

One of the standout features of ZIP 55068 is its robust economic profile. The median household income is an impressive $125,271, pointing to a community with significant purchasing power and financial stability. This figure is well above the national average, making the area attractive for businesses targeting higher-income consumers or for families seeking a prosperous environment.

On the housing front, the median home value in ZIP 55068 is $379,500, reflecting a competitive yet accessible market for a region with such strong income levels. For renters, the median monthly rent is $1,610, which aligns with the area’s overall cost of living. These numbers suggest that while housing isn’t cheap, it offers value relative to the earning potential of residents—a key consideration for buyers and investors alike.

Race & Ethnicity

The demographic makeup of ZIP 55068 provides insight into the community’s cultural fabric. The population is predominantly White, accounting for 80.89% of residents. Other groups include Black residents at 3.69%, Asian residents at 5.21%, and Hispanic or Latino residents also at 3.69%. This composition indicates a primarily homogeneous community with growing diversity, which could influence local culture, business opportunities, and community dynamics. For businesses or investors, understanding this mix can help tailor services or marketing strategies to resonate with the area’s residents.

Key Facts

• Total population: 32,194 residents in ZIP 55068 as of 2023.
• Total households: 11,521, supporting a strong residential community.
• Total housing units: 11,794, with a small surplus of available homes.
• Median household income: $125,271, indicating high earning potential.
• Median home value: $379,500, reflecting a competitive housing market.
• Median rent: $1,610 per month, consistent with the area’s cost of living.
• Racial composition: 80.89% White, 3.69% Black, 5.21% Asian, 3.69% Hispanic.

What This Means for You

For homebuyers, ZIP 55068 offers a financially stable community with a median income of $125,271 and home values around $379,500. This suggests a market where properties hold strong value, ideal for long-term family investments. The slight surplus of housing units (11,794 vs. 11,521 households) may also provide some negotiating room.

For real estate investors and agents, the combination of high income and reasonable home prices points to a market with potential for appreciation and steady demand. The rental market, with a median rent of $1,610, could also support buy-to-rent strategies, especially for properties near local amenities or schools.

For small-business owners, the high median income signals a customer base with disposable income, ideal for retail, dining, or service-based ventures. The area’s growing diversity (notably 5.21% Asian and 3.69% Hispanic) also opens opportunities for niche markets or culturally tailored offerings.

For analysts, these metrics provide a baseline for tracking trends in suburban growth, housing affordability, and demographic shifts in ZIP 55068, offering a foundation for deeper market studies or comparisons with nearby regions.

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