ZIP Code 55345

Located in Minnetonka, MN (Hennepin County)

ZIP Code 55345 (Minnetonka, MN): Quick Facts & Overview

  • Population: 20,789 residents (706 people per sq. mi.)
  • Average House Price: $514,564
  • Average Household Income: $145,332

ZIP code 55345 primarily serves Minnetonka, MN in Hennepin County. An estimated 20,789 people live within this area, with about 706 residents living in every square mile.

If you are looking for a home in ZIP code 55345, the average price is around $514,564. That makes local housing 98% higher than the Minnesota average of $260,056, and 67% higher than the national average of $308,592.

The average household in 55345 earns about $145,332 a year. This income is 77% higher than the average family in Minnesota ($82,068), and 85% higher than the national average ($78,686).

Population 20,789
Median Household Income $145,332
Median Home Value $514,564
Median Age 44.6 yrs

Household Income Brackets

Racial & Ethnic Demographics

Age Distribution

Educational Attainment

Economic & Labor Indicators

Individual Median Income$68,855
Labor Force Participation67.9%
Unemployment Rate2.5%
Average Commute Time20.8 mins

Housing & Community Metrics

Home Ownership Rate85.3%
Median Rent$1,446
Rent Burdened (>30% Income)44.7%
Total Housing Units8,313

Additional Census & Housing Profile

Geographic Overview

Primary CityMinnetonka
CountyHennepin
County FIPS27053
Metro Area (CBSA)Minneapolis-St. Paul-Bloomington, MN-WI
Combined Area (CSA)Minneapolis-St. Paul, MN-WI
Population Density706.1/sq mi
Coordinates (lat/lng)44.9153, -93.4838
TimezoneAmerica/Chicago

Household Structure

Average Family Size2.99
Dual Income Families65.9%

Marital Status

Married62.1%
Never Married21.6%
Divorced10.8%
Widowed5.6%

Gender

Male50.5%
Female49.5%

Health & Poverty

Uninsured Rate (Health)1.5%
Poverty Rate4.4%

Key Population Groups

Veterans4.8%
Disabled Population9.0%
Limited English Proficiency2.5%

All ZIP Codes in Minnetonka

ZIP Code Population Median Household Income Median Home Value
55345 Current 20,789 $145,332 $514,564

Nearby ZIP Codes

ZIP Code City / State Distance Population
55346 Eden Prairie, MN 2.5 miles 18,588
55343 Hopkins, MN 3.3 miles 27,102
55305 Hopkins, MN 3.7 miles 21,068
55391 Wayzata, MN 4.2 miles 15,502
55344 Eden Prairie, MN 4.4 miles 14,034
55317 Chanhassen, MN 5.2 miles 22,299
55436 Minneapolis, MN 5.4 miles 14,462
55426 Minneapolis, MN 5.8 miles 25,251
55347 Eden Prairie, MN 6 miles 30,429
55439 Minneapolis, MN 6 miles 9,459
55447 Minneapolis, MN 6 miles 20,931
55331 Excelsior, MN 6.2 miles 19,805
55441 Minneapolis, MN 6.7 miles 17,944
55424 Minneapolis, MN 7.1 miles 10,289
55384 Spring Park, MN 7.4 miles 1,896
55416 Minneapolis, MN 7.4 miles 35,015
55356 Long Lake, MN 7.5 miles 5,696
55435 Minneapolis, MN 7.8 miles 14,192
55427 Minneapolis, MN 8.1 miles 24,764
55438 Minneapolis, MN 8.1 miles 15,701
55410 Minneapolis, MN 8.2 miles 20,422
55446 Minneapolis, MN 8.9 miles 28,247
55437 Minneapolis, MN 9.3 miles 18,881
55364 Mound, MN 9.5 miles 14,097
55408 Minneapolis, MN 9.5 miles 31,507
55405 Minneapolis, MN 9.6 miles 17,198
55419 Minneapolis, MN 9.6 miles 29,738
55422 Minneapolis, MN 9.6 miles 28,452
55442 Minneapolis, MN 9.6 miles 12,694
55386 Victoria, MN 9.7 miles 10,077
55409 Minneapolis, MN 10 miles 11,188
55423 Minneapolis, MN 10.3 miles 36,724
55318 Chaska, MN 10.4 miles 30,369
55403 Minneapolis, MN 10.4 miles 17,601
55431 Minneapolis, MN 10.4 miles 18,664
55411 Minneapolis, MN 10.8 miles 27,741
55379 Shakopee, MN 11.2 miles 50,041
55402 Minneapolis, MN 11.2 miles 667
55404 Minneapolis, MN 11.3 miles 28,920
55407 Minneapolis, MN 11.4 miles 37,667
55428 Minneapolis, MN 11.4 miles 32,499
55401 Minneapolis, MN 11.5 miles 11,816
55420 Minneapolis, MN 11.5 miles 24,451
55412 Minneapolis, MN 11.8 miles 24,460
55415 Minneapolis, MN 11.8 miles 6,900
55340 Hamel, MN 12.1 miles 10,183
55375 Saint Bonifacius, MN 12.2 miles 4,326
55417 Minneapolis, MN 12.2 miles 25,102
55359 Maple Plain, MN 12.3 miles 6,997
55454 Minneapolis, MN 12.3 miles 8,880
55429 Minneapolis, MN 12.4 miles 27,024
55378 Savage, MN 12.5 miles 32,162
55450 Minneapolis, MN 12.9 miles 124
55455 Minneapolis, MN 12.9 miles 5,390
55406 Minneapolis, MN 13 miles 36,581
55311 Maple Grove, MN 13.1 miles 38,472
55413 Minneapolis, MN 13.1 miles 14,655
55425 Minneapolis, MN 13.1 miles 10,908
55414 Minneapolis, MN 13.4 miles 35,007
55430 Minneapolis, MN 13.6 miles 22,749
55418 Minneapolis, MN 13.9 miles 31,505
55337 Burnsville, MN 14 miles 47,633
55111 Saint Paul, MN 14.3 miles 233
55114 Saint Paul, MN 14.6 miles 5,049
55421 Minneapolis, MN 14.7 miles 30,843
55369 Osseo, MN 14.8 miles 39,290
55387 Waconia, MN 15 miles 15,030
55445 Minneapolis, MN 15.2 miles 13,546
55116 Saint Paul, MN 15.3 miles 25,918
55357 Loretto, MN 15.3 miles 3,419
55105 Saint Paul, MN 15.6 miles 28,617
55108 Saint Paul, MN 15.8 miles 15,224
55306 Burnsville, MN 15.8 miles 16,830
55443 Minneapolis, MN 15.8 miles 33,660
55104 Saint Paul, MN 15.9 miles 45,762
55150 Mendota, MN 15.9 miles 201
55444 Minneapolis, MN 16 miles 16,559
55122 Saint Paul, MN 16.1 miles 32,261
55121 Saint Paul, MN 16.6 miles 9,198
55120 Saint Paul, MN 16.7 miles 5,058
55373 Rockford, MN 16.7 miles 5,822
55315 Carver, MN 16.8 miles 7,147
55372 Prior Lake, MN 16.8 miles 34,772
55432 Minneapolis, MN 16.8 miles 33,672
55113 Saint Paul, MN 17.4 miles 40,819
55102 Saint Paul, MN 17.8 miles 19,630
55103 Saint Paul, MN 17.9 miles 13,125
55322 Cologne, MN 17.9 miles 3,775
55328 Delano, MN 17.9 miles 10,019
55388 Watertown, MN 17.9 miles 5,893
55112 Saint Paul, MN 18 miles 45,346
55124 Saint Paul, MN 18.2 miles 55,658
55316 Champlin, MN 18.2 miles 23,294
55118 Saint Paul, MN 18.6 miles 29,564
55123 Saint Paul, MN 18.6 miles 26,501
55352 Jordan, MN 18.7 miles 10,515
55374 Rogers, MN 18.7 miles 16,661
55341 Hanover, MN 18.9 miles 3,561
55433 Minneapolis, MN 18.9 miles 34,463
55101 Saint Paul, MN 19.5 miles 7,911