ZIP Code 55345 — Minnetonka, MN

Hennepin | 2024 Census Data

Key Takeaway

ZIP code 55345 in Minnetonka, MN has a population of 20,789 with a median household income of $145,332 and a median home value of $504,000 . The cost of living index is 156.2 (national average = 100).

Population & Age

Total Population
20,789
Median Age
44.60
Male
10,492
Female
10,297

Race & Ethnicity

White
85.9%
Black
1.3%
Hispanic
4.6%
Asian
5.0%
Native American
0.1%
Pacific Islander
0.0%
Two or More
7.2%
Other
0.5%

Income

Median Household
$145,332
Mean Household
$190,335
Per Capita
$77,623
Below Poverty
4.4%

Housing

Median Home Value
$504,000
Median Rent
$1,446
Total Units
8,653
Occupied
8,313
Owner Occupied
85.3%
Renter Occupied
14.7%
Median Year Built
1972
Vacant
340

Education

High School or Higher 97.5%
Bachelor's or Higher 65.2%
Graduate Degree 28.2%

Employment & Commuting

Labor Force
11,060
Unemployment
2.5%
Drive Alone
63.6%
Public Transit
0.3%
Work from Home
28.2%
Avg Commute
N/A

Cost of Living Index

156.2
National average = 100. Above average by 56.2%.

Other ZIP Codes in Minnetonka

Compare This ZIP Code

Frequently Asked Questions

What is the population of ZIP code 55345?

ZIP code 55345 (Minnetonka, MN) has a total population of 20,789 according to the 2024 American Community Survey.

What is the median household income in ZIP code 55345?

The median household income in ZIP code 55345 is $145,332 per year, based on 2024 Census Bureau data.

What city is ZIP code 55345 in?

ZIP code 55345 is primarily located in Minnetonka, Minnesota (MN).

What is the median home value in ZIP code 55345?

The median home value in ZIP code 55345 is $504,000, based on the 2024 American Community Survey 5-year estimates.

What is the median age in ZIP code 55345?

The median age in ZIP code 55345 is 44.60 years, compared to the national median of 38.9 years.