ZIP Code 55340

Located in Hamel, MN (Hennepin County)

ZIP Code 55340 (Hamel, MN): Quick Facts & Overview

  • Population: 10,183 residents (110 people per sq. mi.)
  • Average House Price: $637,042
  • Average Household Income: $178,553

ZIP code 55340 primarily serves Hamel, MN in Hennepin County. An estimated 10,183 people live within this area, with about 110 residents living in every square mile.

If you are looking for a home in ZIP code 55340, the average price is around $637,042. That makes local housing 145% higher than the Minnesota average of $260,056, and 106% higher than the national average of $308,592.

The average household in 55340 earns about $178,553 a year. This income is 118% higher than the average family in Minnesota ($82,068), and 127% higher than the national average ($78,686).

Population 10,183
Median Household Income $178,553
Median Home Value $637,042
Median Age 39.4 yrs

Household Income Brackets

Racial & Ethnic Demographics

Age Distribution

Educational Attainment

Economic & Labor Indicators

Individual Median Income$73,212
Labor Force Participation65.2%
Unemployment Rate1.6%
Average Commute Time26.6 mins

Housing & Community Metrics

Home Ownership Rate92.3%
Median Rent$1,452
Rent Burdened (>30% Income)20.4%
Total Housing Units3,514

Additional Census & Housing Profile

Geographic Overview

Primary CityHamel
CountyHennepin
County FIPS27053
Metro Area (CBSA)Minneapolis-St. Paul-Bloomington, MN-WI
Combined Area (CSA)Minneapolis-St. Paul, MN-WI
Population Density110.3/sq mi
Coordinates (lat/lng)45.0776, -93.5751
TimezoneAmerica/Chicago

Household Structure

Average Family Size3.24
Dual Income Families59.2%

Marital Status

Married68.8%
Never Married19.3%
Divorced7.9%
Widowed4.0%

Gender

Male49.1%
Female50.9%

Health & Poverty

Uninsured Rate (Health)1.3%
Poverty Rate6.7%

Key Population Groups

Veterans3.8%
Disabled Population4.9%
Limited English Proficiency1.1%

All ZIP Codes in Hamel

ZIP Code Population Median Household Income Median Home Value
55340 Current 10,183 $178,553 $637,042

Nearby ZIP Codes

ZIP Code City / State Distance Population
55311 Maple Grove, MN 4.3 miles 38,472
55357 Loretto, MN 4.4 miles 3,419
55446 Minneapolis, MN 4.8 miles 28,247
55356 Long Lake, MN 5.7 miles 5,696
55447 Minneapolis, MN 6.7 miles 20,931
55374 Rogers, MN 6.9 miles 16,661
55341 Hanover, MN 7 miles 3,561
55369 Osseo, MN 7.1 miles 39,290
55373 Rockford, MN 7.2 miles 5,822
55442 Minneapolis, MN 7.5 miles 12,694
55359 Maple Plain, MN 8 miles 6,997
55391 Wayzata, MN 8.3 miles 15,502
55441 Minneapolis, MN 8.8 miles 17,944
55428 Minneapolis, MN 9.5 miles 32,499
55327 Dayton, MN 9.7 miles 6,016
55445 Minneapolis, MN 10 miles 13,546
55384 Spring Park, MN 10.1 miles 1,896
55364 Mound, MN 10.7 miles 14,097
55376 Saint Michael, MN 10.7 miles 20,106
55427 Minneapolis, MN 10.7 miles 24,764
55305 Hopkins, MN 11 miles 21,068
55316 Champlin, MN 11 miles 23,294
55429 Minneapolis, MN 11.5 miles 27,024
55328 Delano, MN 11.9 miles 10,019
55443 Minneapolis, MN 11.9 miles 33,660
55345 Minnetonka, MN 12.1 miles 20,789
55301 Albertville, MN 12.3 miles 13,482
55331 Excelsior, MN 12.3 miles 19,805
55422 Minneapolis, MN 12.4 miles 28,452
55426 Minneapolis, MN 12.6 miles 25,251
55430 Minneapolis, MN 13.4 miles 22,749
55444 Minneapolis, MN 13.5 miles 16,559
55343 Hopkins, MN 13.7 miles 27,102
55412 Minneapolis, MN 13.9 miles 24,460
55433 Minneapolis, MN 13.9 miles 34,463
55416 Minneapolis, MN 14.4 miles 35,015
55346 Eden Prairie, MN 14.5 miles 18,588
55411 Minneapolis, MN 14.6 miles 27,741
55375 Saint Bonifacius, MN 14.8 miles 4,326
55313 Buffalo, MN 14.9 miles 24,913
55405 Minneapolis, MN 15.1 miles 17,198
55317 Chanhassen, MN 15.3 miles 22,299
55448 Minneapolis, MN 15.4 miles 29,005
55436 Minneapolis, MN 15.5 miles 14,462
55432 Minneapolis, MN 15.7 miles 33,672
55386 Victoria, MN 15.9 miles 10,077
55421 Minneapolis, MN 15.9 miles 30,843
55388 Watertown, MN 16 miles 5,893
55403 Minneapolis, MN 16 miles 17,601
55401 Minneapolis, MN 16.2 miles 11,816
55344 Eden Prairie, MN 16.3 miles 14,034
55303 Anoka, MN 16.4 miles 52,614
55402 Minneapolis, MN 16.4 miles 667
55408 Minneapolis, MN 16.6 miles 31,507
55424 Minneapolis, MN 16.6 miles 10,289
55363 Montrose, MN 16.7 miles 5,814
55418 Minneapolis, MN 16.7 miles 31,505
55410 Minneapolis, MN 16.9 miles 20,422
55415 Minneapolis, MN 17 miles 6,900
55434 Minneapolis, MN 17 miles 33,029
55413 Minneapolis, MN 17.1 miles 14,655
55439 Minneapolis, MN 17.1 miles 9,459
55404 Minneapolis, MN 17.3 miles 28,920
55409 Minneapolis, MN 17.6 miles 11,188
55330 Elk River, MN 17.7 miles 45,721
55454 Minneapolis, MN 17.8 miles 8,880
55347 Eden Prairie, MN 18 miles 30,429
55455 Minneapolis, MN 18.1 miles 5,390
55387 Waconia, MN 18.2 miles 15,030
55414 Minneapolis, MN 18.4 miles 35,007
55419 Minneapolis, MN 18.4 miles 29,738
55435 Minneapolis, MN 18.4 miles 14,192
55318 Chaska, MN 18.6 miles 30,369
55407 Minneapolis, MN 18.6 miles 37,667
55112 Saint Paul, MN 18.7 miles 45,346
55304 Andover, MN 19.5 miles 49,737
55449 Minneapolis, MN 19.6 miles 34,443
55390 Waverly, MN 19.7 miles 3,492
55406 Minneapolis, MN 19.8 miles 36,581
55438 Minneapolis, MN 19.9 miles 15,701
55362 Monticello, MN 20 miles 20,663
55423 Minneapolis, MN 20 miles 36,724
55114 Saint Paul, MN 20.1 miles 5,049
55360 Mayer, MN 20.3 miles 3,341
55417 Minneapolis, MN 20.4 miles 25,102
55108 Saint Paul, MN 20.7 miles 15,224
55437 Minneapolis, MN 20.8 miles 18,881
55113 Saint Paul, MN 21 miles 40,819
55126 Saint Paul, MN 21.4 miles 27,456
55431 Minneapolis, MN 21.6 miles 18,664
55104 Saint Paul, MN 21.9 miles 45,762
55450 Minneapolis, MN 21.9 miles 124
55309 Big Lake, MN 22.2 miles 21,378
55420 Minneapolis, MN 22.2 miles 24,451
55105 Saint Paul, MN 22.3 miles 28,617
55379 Shakopee, MN 22.5 miles 50,041
55014 Circle Pines, MN 22.8 miles 29,047
55111 Saint Paul, MN 22.8 miles 233
55116 Saint Paul, MN 22.9 miles 25,918
55425 Minneapolis, MN 23.2 miles 10,908