ZIP Code 55388 has segments in 3 Counties (Carver, Hennepin, Wright).
The ZIP Code maps and database are updated 4 times per year.
Database updated: April 1, 2024, Maps updated: February 2, 2024.
POPULATION | |
---|---|
Total Population | 6,045 (100%) |
Population in Households | 5,976 (98.9%) |
Population in Families | 4,973 (82.3%) |
Population in Group Quarters1 | 69 ( 1.1%) |
Population Density | 155 |
Diversity Index2 | 18 |
INCOME | |
Median Household Income | $89,990 |
Average Household Income | $108,188 |
% of Income for Mortgage4 | 24% |
Per Capita Income | $40,984 |
Wealth Index5 | 98 |
Socioeconomic Status Index6 | Moderate (58.6) |
HOUSING | |
---|---|
Total HU (Housing Units) | 2,385 (100%) |
Owner Occupied HU | 1,945 (81.6%) |
Renter Occupied HU | 344 (14.4%) |
Vacant Housing Units | 96 ( 4.0%) |
Median Home Value | $355,199 |
Average Home Value | $396,812 |
Housing Affordability Index3 | 98 |
HOUSEHOLDS | |
Total Households | 2,289 |
Average Household Size | 2.61 |
Family Households | 1,558 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | 0.53% | 6.58% |
Households | 1.44% | 6.94% |
Families | 7.07% | |
Median Household Income | 2.93% | |
Per Capita Income | 4.62% | |
Owner Occupied HU | 8.09% |
The table below compares 55388 to the other 878 ZIP Codes in Minnesota by rank and percentile using July 1, 2023 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 | # 223 | 75th |
Population Density | # 220 | 75th |
Median Household Income | # 156 | 82nd |
Housing Affordability Index | # 260 | 30th |
Per Capita Income | # 339 | 62nd |
Diversity Index | # 513 | 42nd |
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.