ZIP Code 55362 — Monticello city, MN Demographics & Data

ZIP code 55362 covers Monticello, MN in Wright County with a population of about 20,125.

At a glance, the area shows median age of 35.1 versus a U.S. median of about 38.9.

It sits in telephone area code 763; U.S. House district MN-6; the MINNEAPOLIS - ST. PAUL media market.

Median household income in ZIP 55362 is about $92,870 — about 24% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 6.8%; unemployment rate near 2.0%; 25.6% of adults with a bachelor’s degree or higher (about 8.1 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Manufacturing, Healthcare, and Retail trade; about 10.8% of workers reporting work-from-home (about 4.4 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $324,400 — about 7% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,341 (about 15% above the U.S. median rent ($1,163)), and owner-occupancy near 73.7% (about 8.3 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 55362 in Monticello, MN, a household would need roughly $89,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,084. That is roughly in line with the local median household income ($92,870). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Monticello city, MN as Relatively Low (composite score 68.4), which is near the middle of the national distribution. The strongest component scores on US5 are flood (74.7) and wildfire (61.0). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Monticello city, MN show little to no average snow and around 31.7 inches of annual precipitation.

IRS migration statistics show a net inflow of about 1,428 for ZIP 55362 (Monticello city, MN) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.