55362, Monticello, MN

The 55362 zip code of Monticello, MN is located in the southwestern part of the state and includes a population of approximately 1,500 people. The median household income in this zip code is $60,000, which is lower than the statewide median household income of $72,000. The homeownership rate in this zip code is 66%, which is higher than the statewide homeownership rate of 63%. The percentage of households that own their homes outright is higher than the statewide percentage of households that own their homes outright (63% vs. 50%). However, there are a greater number of households that have a mortgage on their home (30% vs. 20%).

The average home value in this zip code is $165,000, which is lower than the statewide average home value of $216,500. However, there are more homes that are worth less than $100,000 (27%) than there are homes that are worth more than $300,000 (15%). There are also more homes that are worth between $100K and $150K (27%) than there are homes that are worth more than $300K (15%).