Zip Code
55008
City
Cambridge, MN
Population & Migration
What is the forecasted population for Zip code 55008 Cambridge, MN?
- Population census 2020
- 15,396
- Forecasted population 2025
- 16,226
- 0.05% vs. 2020
- Forecasted population 2030
- 16,720
- 0.09% vs. 2020
Zip code 55008 Cambridge, MN population is forecasted to grow 0.05% by 2025 (0.7 points above the 4.7% national average).
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Housing and Affordability
With a forecasted population of 16,226 people for 2025 zip code 55008 Cambridge, MN will generate a good demand for housing, which is expected to have a deficit of 550 houses for 2030. Vacancy rate is 5.4 points below national US average.
- Total homes available 2020
- 6,399
- Estimated total home demand in 2030
- 6,949
- Total homes balance inventory
- 550
Average Household Income in zip code 55008 Cambridge, MN
from Internal Revenue Service
- Average household income in 2021
- $85,907
Affordability
- Affordability Index
- 3
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 55008 Cambridge, MN?
County total number of drinking water violations
5
-98%
244
County total number of drinking water contaminations
2
-92%
24
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