Deephaven

Population: 3,835
Median household income: $175,441
Median home value: $854,000

Located in Hennepin County, Minnesota, Deephaven is a community with a population of 3,835. The median household income of $175,441 is above the Hennepin County median ($96,339).

Between 2019 and 2023, Deephaven's population declined 1.1% from 3,879 to 3,835, while its median home value rose 49.6% from $570,700 to $854,000.

The typical home was built around 1965. 2.0% of residents live below the poverty line.

Demographics

ACS 2019–2023

Population: 3,835
Median age: 47.2 yrs
Median household income: $175,441
Median home value: $854,000
Median gross rent: —
Housing units: 1,633
Homeownership rate: 90.1%
Bachelor's degree or higher: 79.7%
Unemployment rate: 1.5%

Trends

ACS 5-year · 2019–2023

Population

3,8793,835

Median household income

$139,531$175,441

Median home value

$570,700$854,000

Median gross rent

$2,219$2,121

Year	Population	Median household income	Median home value	Median gross rent
2019	3,879	$139,531	$570,700	$2,219
2020	3,904	$132,813	$583,100	$2,085
2021	3,878	$152,051	$649,900	$2,145
2022	3,852	$164,149	$791,700	$2,121
2023	3,835	$175,441	$854,000	—

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 53.7%

5 to 1720.1%

18 to 245.1%

25 to 344.8%

35 to 4411.8%

45 to 5418.2%

55 to 6419.2%

65 to 748.1%

75 and over8.8%

	Count	Share
Under 5	143	3.7%
5 to 17	770	20.1%
18 to 24	197	5.1%
25 to 34	183	4.8%
35 to 44	454	11.8%
45 to 54	699	18.2%
55 to 64	738	19.2%
65 to 74	312	8.1%
75 and over	339	8.8%

Race & ethnicity

	Count	Share
White (non-Hispanic)	3,575	93.2%
Black or African American	3	0.1%
American Indian & Alaska Native	2	0.1%
Asian	60	1.6%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	92	2.4%
Hispanic or Latino (any race)	103	2.7%

Educational attainment (age 25+)

No high school diploma1.4%

High school graduate4.0%

Some college or associate's14.9%

Bachelor's degree51.3%

Graduate or professional degree28.4%

	Count	Share
No high school diploma	37	1.4%
High school graduate	110	4.0%
Some college or associate's	407	14.9%
Bachelor's degree	1,398	51.3%
Graduate or professional degree	773	28.4%

Commute to work

Mean travel time to work: 27 min

Drove alone52.1%

Carpooled2.1%

Public transit5.5%

Walked0.5%

Bicycle0.5%

Worked from home38.7%

Other means0.5%

How workers get to work

	Count	Share
Drove alone	989	52.1%
Carpooled	40	2.1%
Public transit	104	5.5%
Walked	10	0.5%
Bicycle	10	0.5%
Worked from home	735	38.7%
Other means	9	0.5%

Travel time

	Count	Share
Under 15 min	101	8.7%
15 to 29 min	753	64.8%
30 to 44 min	136	11.7%
45 to 59 min	47	4.0%
60+ min	125	10.8%

Households

Average household size: 2.49
Poverty rate: 2.0% (75 of 3,810)

	Count	Share
Family households	1,121	73.4%
Nonfamily households	407	26.6%

Housing

Median year structure built: 1965

Occupancy

	Count	Share
Occupied	1,528	93.6%
Vacant	105	6.4%

Tenure (of occupied units)

	Count	Share
Owner-occupied	1,377	90.1%
Renter-occupied	151	9.9%

1-unit, detached90.1%

1-unit, attached0.7%

2 to 4 units3.1%

5 to 19 units0.0%

20 or more units4.5%

Mobile home & other1.7%

Units in structure

	Count	Share
1-unit, detached	1,472	90.1%
1-unit, attached	11	0.7%
2 to 4 units	50	3.1%
5 to 19 units	0	0.0%
20 or more units	73	4.5%
Mobile home & other	27	1.7%

Geography

Place GEOID: 2715148
Type (LSAD): 25
Land area: 2.33 sq mi
Water area: 1.58 sq mi
Center point: 44.9320, -93.5291