ZIP Code 55708 — Biwabik city, MN Demographics & Data

ZIP code 55708 covers Biwabik, MN in St. Louis County with a population of about 850.

At a glance, the area shows median age of 39.2 (near the U.S. median).

It sits in telephone area code 218; U.S. House district MN-8; the DULUTH - SUPERIOR media market.

Median household income in ZIP 55708 is about $68,859 — about 8% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 6.0%; unemployment rate near 4.1%; 32.2% of adults with a bachelor’s degree or higher (about 1.5 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Construction, and Public administration; about 14.1% of workers reporting work-from-home (about 1.1 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 $107,700 — about 69% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $709 (about 39% below the U.S. median rent ($1,163)), and owner-occupancy near 84.4% (about 19.0 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 55708 in Biwabik, MN, a household would need roughly $30,000 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 $692. That sits below the local median household income ($68,859), suggesting the typical household income is closer to a workable buy-in level under these assumptions. 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 Biwabik city, MN as Relatively Moderate (composite score 91.6), which is among the highest nationally. The strongest component scores on US5 are flood (91.8) and wildfire (81.7). 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 Biwabik city, MN show little to no average snow and around 28.1 inches of annual precipitation.

IRS migration statistics show a net inflow of about 60 for ZIP 55708 (Biwabik 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.