ZIP Code 55423 — Richfield, MN

Hennepin | 2024 Census Data

Key Takeaway

ZIP code 55423 in Richfield, MN has a population of 36,724 with a median household income of $85,182 and a median home value of $343,900 . The cost of living index is 120.1 (national average = 100).

Population & Age

Total Population
36,724
Median Age
39.40
Male
18,316
Female
18,408

Race & Ethnicity

White
62.3%
Black
10.8%
Hispanic
17.8%
Asian
5.5%
Native American
0.6%
Pacific Islander
0.0%
Two or More
12.3%
Other
8.5%

Income

Median Household
$85,182
Mean Household
$107,532
Per Capita
$47,924
Below Poverty
8.2%

Housing

Median Home Value
$343,900
Median Rent
$1,393
Total Units
17,214
Occupied
16,578
Owner Occupied
61.6%
Renter Occupied
38.4%
Median Year Built
1959
Vacant
636

Education

High School or Higher 91.3%
Bachelor's or Higher 43.8%
Graduate Degree 12.5%

Employment & Commuting

Labor Force
21,653
Unemployment
5.3%
Drive Alone
65.3%
Public Transit
3.5%
Work from Home
18.8%
Avg Commute
N/A

Cost of Living Index

120.1
National average = 100. Above average by 20.1%.

Nearby ZIP Codes

55419
Minneapolis
1.7 mi
55450
Minneapolis
1.7 mi
55425
Bloomington
2.5 mi
55420
Bloomington
2.8 mi
55409
Minneapolis
3.8 mi
55410
Edina
4.0 mi
55407
Minneapolis
4.1 mi
55431
Bloomington
4.3 mi
55424
Edina
4.6 mi
55150
Mendota
4.7 mi
55116
Saint paul
5.0 mi
55408
Minneapolis
5.2 mi

Compare This ZIP Code

Frequently Asked Questions

What is the population of ZIP code 55423?

ZIP code 55423 (Richfield, MN) has a total population of 36,724 according to the 2024 American Community Survey.

What is the median household income in ZIP code 55423?

The median household income in ZIP code 55423 is $85,182 per year, based on 2024 Census Bureau data.

What city is ZIP code 55423 in?

ZIP code 55423 is primarily located in Richfield, Minnesota (MN).

What is the median home value in ZIP code 55423?

The median home value in ZIP code 55423 is $343,900, based on the 2024 American Community Survey 5-year estimates.

What is the median age in ZIP code 55423?

The median age in ZIP code 55423 is 39.40 years, compared to the national median of 38.9 years.