ZIP Code 55331 has segments in 2 Counties (Carver, Hennepin).
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 | 20,617 (100%) |
Population in Households | 20,404 (99.0%) |
Population in Families | 17,937 (87.0%) |
Population in Group Quarters1 | 213 ( 1.0%) |
Population Density | 1,103 |
Diversity Index2 | 26 |
INCOME | |
Median Household Income | $153,515 |
Average Household Income | $208,934 |
% of Income for Mortgage4 | 25% |
Per Capita Income | $79,162 |
Wealth Index5 | 284 |
Socioeconomic Status Index6 | High (67.2) |
HOUSING | |
---|---|
Total HU (Housing Units) | 8,515 (100%) |
Owner Occupied HU | 6,764 (79.4%) |
Renter Occupied HU | 1,046 (12.3%) |
Vacant Housing Units | 705 ( 8.3%) |
Median Home Value | $647,786 |
Average Home Value | $782,333 |
Housing Affordability Index3 | 93 |
HOUSEHOLDS | |
Total Households | 7,810 |
Average Household Size | 2.61 |
Family Households | 5,878 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | 0.95% | 0.23% |
Households | 1.27% | 0.27% |
Families | 0.29% | |
Median Household Income | 2.26% | |
Per Capita Income | 2.26% | |
Owner Occupied HU | 0.57% |
The table below compares 55331 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 | # 97 | 89th |
Population Density | # 113 | 87th |
Median Household Income | # 8 | 99th |
Housing Affordability Index | # 208 | 24th |
Per Capita Income | # 10 | 99th |
Diversity Index | # 323 | 63rd |
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.