ZIP Code 55318
ZIP Code Tabulation Area in Carver County, Minnesota.
- Population
- 29,884
- Median household income
- $111,781
- Median home value
- $389,200
+4.8%’19–’23
+25.9%’19–’23
+40.2%’19–’23
ZIP Code 55318 is a ZIP Code Tabulation Area in Carver County, Minnesota, home to about 29,884 residents. Its median household income of $111,781 runs below the Carver County figure of $123,144.
Between 2019 and 2023, ZIP Code 55318's population grew 4.8% from 28,524 to 29,884, while its median gross rent rose 21.3% from $1,179 to $1,430.
47.1% of adults 25 and older hold a bachelor's degree or higher. Owners occupy 71.0% of the area's occupied homes.
Demographics
ACS 2019–2023- Population
- 29,884
- Median age
- 37.9 yrs
- Median household income
- $111,781
- Median home value
- $389,200
- Median gross rent
- $1,430
- Housing units
- 11,453
- Homeownership rate
- 71.0%
- Bachelor's degree or higher
- 47.1%
- Unemployment rate
- 2.5%
Trends
ACS 5-year · 2019–202328,52429,884
$88,812$111,781
$277,700$389,200
$1,179$1,430
| Year | Population | Median household income | Median home value | Median gross rent |
|---|---|---|---|---|
| 2019 | 28,524 | $88,812 | $277,700 | $1,179 |
| 2020 | 28,959 | $92,094 | $303,300 | $1,157 |
| 2021 | 28,981 | $96,502 | $320,200 | $1,231 |
| 2022 | 29,647 | $103,285 | $371,500 | $1,388 |
| 2023 | 29,884 | $111,781 | $389,200 | $1,430 |
Each year is a US Census Bureau ACS 5-year estimate ending that year.
Age distribution
Under 56.9%
5 to 1719.4%
18 to 248.2%
25 to 3410.8%
35 to 4414.9%
45 to 5414.0%
55 to 6412.7%
65 to 747.6%
75 and over5.5%
| Count | Share | |
|---|---|---|
| Under 5 | 2,052 | 6.9% |
| 5 to 17 | 5,792 | 19.4% |
| 18 to 24 | 2,442 | 8.2% |
| 25 to 34 | 3,237 | 10.8% |
| 35 to 44 | 4,454 | 14.9% |
| 45 to 54 | 4,174 | 14.0% |
| 55 to 64 | 3,807 | 12.7% |
| 65 to 74 | 2,271 | 7.6% |
| 75 and over | 1,655 | 5.5% |
Race & ethnicity
| Count | Share | |
|---|---|---|
| White (non-Hispanic) | 24,360 | 81.5% |
| Black or African American | 547 | 1.8% |
| American Indian & Alaska Native | 68 | 0.2% |
| Asian | 1,129 | 3.8% |
| Native Hawaiian & Pacific Islander | 0 | 0.0% |
| Some other race | 84 | 0.3% |
| Two or more races | 1,117 | 3.7% |
| Hispanic or Latino (any race) | 2,579 | 8.6% |
Educational attainment (age 25+)
No high school diploma7.4%
High school graduate18.4%
Some college or associate's27.0%
Bachelor's degree32.1%
Graduate or professional degree15.0%
| Count | Share | |
|---|---|---|
| No high school diploma | 1,453 | 7.4% |
| High school graduate | 3,612 | 18.4% |
| Some college or associate's | 5,296 | 27.0% |
| Bachelor's degree | 6,297 | 32.1% |
| Graduate or professional degree | 2,940 | 15.0% |
Commute to work
- Mean travel time to work
- 24 min
Drove alone69.9%
Carpooled7.2%
Public transit0.9%
Walked0.3%
Bicycle0.3%
Worked from home19.9%
Other means1.6%
How workers get to work
| Count | Share | |
|---|---|---|
| Drove alone | 11,689 | 69.9% |
| Carpooled | 1,200 | 7.2% |
| Public transit | 145 | 0.9% |
| Walked | 47 | 0.3% |
| Bicycle | 49 | 0.3% |
| Worked from home | 3,327 | 19.9% |
| Other means | 270 | 1.6% |
Travel time
| Count | Share | |
|---|---|---|
| Under 15 min | 3,108 | 23.2% |
| 15 to 29 min | 6,325 | 47.2% |
| 30 to 44 min | 2,760 | 20.6% |
| 45 to 59 min | 702 | 5.2% |
| 60+ min | 505 | 3.8% |
Households
- Average household size
- 2.63
- Poverty rate
- 4.8% (1,413 of 29,624)
| Count | Share | |
|---|---|---|
| Family households | 7,959 | 70.3% |
| Nonfamily households | 3,366 | 29.7% |
Housing
- Median year structure built
- 1994
Occupancy
| Count | Share | |
|---|---|---|
| Occupied | 11,325 | 98.9% |
| Vacant | 128 | 1.1% |
Tenure (of occupied units)
| Count | Share | |
|---|---|---|
| Owner-occupied | 8,037 | 71.0% |
| Renter-occupied | 3,288 | 29.0% |
1-unit, detached60.0%
1-unit, attached14.5%
2 to 4 units1.4%
5 to 19 units3.8%
20 or more units14.2%
Mobile home & other6.0%
Units in structure
| Count | Share | |
|---|---|---|
| 1-unit, detached | 6,877 | 60.0% |
| 1-unit, attached | 1,665 | 14.5% |
| 2 to 4 units | 163 | 1.4% |
| 5 to 19 units | 440 | 3.8% |
| 20 or more units | 1,621 | 14.2% |
| Mobile home & other | 687 | 6.0% |
Geography
- ZCTA
- 55318
- Land area
- 40 sq mi
- Water area
- 1.7 sq mi
- Center point
- 44.8108, -93.6363
Counties this ZIP covers
1Compare with nearby ZIP codes
6National ZIP rankings
21- Largest by population
- Most densely populated
- Highest median household income
- Highest median home value
- Most affordable home values
- Highest median gross rent
- Cheapest median gross rent
- Oldest by median age
- Youngest by median age
- Most college-educated
- Highest poverty rate
- Lowest poverty rate
- Highest homeownership rate
- Lowest homeownership rate
- Longest commutes
- Shortest commutes
- Largest households
- Newest housing
- Oldest housing
- Fastest-growing (2019–2023)
- Fastest-shrinking (2019–2023)