ZIP Code 55305 — Minnetonka, MN

Hennepin | 2024 Census Data

Key Takeaway

ZIP code 55305 in Minnetonka, MN has a population of 21,068 with a median household income of $104,914 and a median home value of $451,800 . The cost of living index is 156.8 (national average = 100).

Population & Age

Total Population
21,068
Median Age
40.50
Male
10,130
Female
10,938

Race & Ethnicity

White
77.5%
Black
5.9%
Hispanic
5.1%
Asian
7.8%
Native American
0.3%
Pacific Islander
0.0%
Two or More
6.6%
Other
1.9%

Income

Median Household
$104,914
Mean Household
$144,880
Per Capita
$68,939
Below Poverty
6.3%

Housing

Median Home Value
$451,800
Median Rent
$1,799
Total Units
10,571
Occupied
9,927
Owner Occupied
57.5%
Renter Occupied
42.5%
Median Year Built
1983
Vacant
644

Education

High School or Higher 97.3%
Bachelor's or Higher 63.9%
Graduate Degree 22.0%

Employment & Commuting

Labor Force
12,150
Unemployment
3.1%
Drive Alone
65.0%
Public Transit
1.2%
Work from Home
27.1%
Avg Commute
N/A

Cost of Living Index

156.8
National average = 100. Above average by 56.8%.

Other ZIP Codes in Minnetonka

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Frequently Asked Questions

What is the population of ZIP code 55305?

ZIP code 55305 (Minnetonka, MN) has a total population of 21,068 according to the 2024 American Community Survey.

What is the median household income in ZIP code 55305?

The median household income in ZIP code 55305 is $104,914 per year, based on 2024 Census Bureau data.

What city is ZIP code 55305 in?

ZIP code 55305 is primarily located in Minnetonka, Minnesota (MN).

What is the median home value in ZIP code 55305?

The median home value in ZIP code 55305 is $451,800, based on the 2024 American Community Survey 5-year estimates.

What is the median age in ZIP code 55305?

The median age in ZIP code 55305 is 40.50 years, compared to the national median of 38.9 years.