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USDA Geographic Eligibility Statistics for Minnesota Postal Zip Code 55049
3.7% of Minnesota is ineligible for rural development USDA home loans.
Postal code 55049 is used by homes and businesses in and around Medford, Minnesota, and covers 124.5 square kilometers. There are no significant geographical USDA loan restrictions within this area.
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Interested in some fun facts and history about Medford, MN?
Read on!
Medford is a small village in Steele County, Minnesota, with a population of around 1,239 people as of the 2010 Census. Its history dates back to the mid-1800s when settlers arrived in the area to farm and build businesses. The village has a rural feel to it, with plenty of open fields and farmland surrounding it.
In terms of local amenities, Medford has several small businesses and shops, including a grocery store, gas station, and a few restaurants. Some of the popular events in Medford include the Steele County Free Fair, which is held annually in nearby Owatonna, as well as the Medford Straight River Days celebration, which takes place in the summer and includes a parade, live music, and other activities.
Overall, Medford is a tight-knit community that values its agricultural heritage and the rural lifestyle it offers. It's also conveniently located within driving distance of several larger cities, including Rochester, Minnesota, which is about a 30-minute drive away.
USDA Rural Development State Office:Featured Property from USDA Loan Eligible Regions of Minnesota
375 Jackson Street | Suite 410
St. Paul, MN 55101
(651) 602-7800
