ZIP Code 55736 — Floodwood city, MN Demographics & Data

ZIP code 55736 covers Floodwood, MN in St. Louis County with a population of about 1,326.

At a glance, the area shows median age of 49.4 versus a U.S. median of about 38.9.

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

Median household income in ZIP 55736 is about $65,000 — about 14% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 12.8%; unemployment rate near 8.7%; 11.6% of adults with a bachelor’s degree or higher (about 22.1 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Retail trade, and Construction; about 13.1% of workers reporting work-from-home (about 2.1 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 $162,300 — about 53% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $667 (about 43% below the U.S. median rent ($1,163)), and owner-occupancy near 85.4% (about 20.0 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 55736 in Floodwood, MN, a household would need roughly $45,000 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 $1,043. That sits below the local median household income ($65,000), 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 Floodwood 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 Floodwood 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 94 for ZIP 55736 (Floodwood 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.