Minnetonka, MN 55345 ZIP Code Profile

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Hopkins, MN | Minnetonka, MN
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ZIP Code 55345: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Minnetonka, MN 55345

Acceptable Alternative
Hopkins, MN 55345

  • ZIP Code Type: STANDARD
  • Businesses Addresses: 574
  • Single Family Addresses: 7,788
  • Multi-Family Addresses: 966
  • County: Hennepin County
  • Centroid: Latitude 44.922, Longitude -93.483
  • Time Zone: Central Time Zone (UTC -6 hours)
  • Observes DST: Yes

Neighborhood Data

Address Based Hyperlocal Data Input an address and get data & demographics for the pertinent census block group (CBG), a searchable map and a customized directory. The CBG is the smallest geographical unit used by the Census Bureau for reporting certain data.


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55345 ZIP Code Map

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Minnetonka, MN 55345 Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 22,299
Daytime Population: Workers 9,150
Daytime Population: Residents 10,800
Total Daytime Population (TDP) 19,950
Ratio TDP/Total Population1 0.89
Population in Households 22,128
Population in Familes 18,910
Population in Group Qrtrs 171
Population Density2 1,906
Diversity Index3 19
 

INCOME

Median Household Income $103,038
Average Household Income $132,196
Per Capita Income $52,720

HOUSING

Total Housing Units 9,153 (100%)
Owner Occupied HU 7,380 (80.6%)
Renter Occupied HU 1,487 (16.2%)
Vacant Housing Units 286 ( 3.1%)
Median Home Value $342,473
Average Home Value $383,665
 

HOUSEHOLDS

Total Households 8,867
Average Household Size 2.5
Family Households 6,402
Average Family Size 3
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population 0.66% 0.69%
Households 0.56% 0.63%
Families 0.51% 0.59%
Median Household Income   1.02%
Per Capita Income   1.86%

Minnetonka, MN 55345 - Peer Comparisons by Rank and Percentile

The table below compares 55345 to the other 883 ZIP Codes in Minnesota by rank and percentile using July 1, 2017 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 86 90th
Population Density # 89 90th
Diversity Index # 310 65th
Median Household Income # 23 98th
Per Capita Income # 24 97th

Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.


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