ZIP Code 55345

ZIP Code Tabulation Area in Hennepin County, Minnesota.

Population: 21,255
Median household income: $143,287
Median home value: $478,800

ZIP Code 55345 is a ZIP Code Tabulation Area in Hennepin County, Minnesota, home to about 21,255 residents. At $143,287, its median household income sits above Hennepin County's $96,339.

Between 2019 and 2023, ZIP Code 55345's population declined 2.1% from 21,717 to 21,255, while its median gross rent rose 12.1% from $1,288 to $1,444.

64.2% of adults 25 and older hold a bachelor's degree or higher. Owners occupy 86.3% of the area's occupied homes.

Demographics

ACS 2019–2023

Population: 21,255
Median age: 43.9 yrs
Median household income: $143,287
Median home value: $478,800
Median gross rent: $1,444
Housing units: 8,834
Homeownership rate: 86.3%
Bachelor's degree or higher: 64.2%
Unemployment rate: 1.9%

Trends

ACS 5-year · 2019–2023

Population

21,71721,255

Median household income

$106,210$143,287

Median home value

$365,600$478,800

Median gross rent

$1,288$1,444

Year	Population	Median household income	Median home value	Median gross rent
2019	21,717	$106,210	$365,600	$1,288
2020	22,081	$112,907	$377,700	$1,354
2021	21,528	$120,204	$388,200	$1,338
2022	21,440	$134,288	$451,800	$1,477
2023	21,255	$143,287	$478,800	$1,444

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

Age distribution

Under 56.4%

5 to 1719.1%

18 to 243.4%

25 to 348.3%

35 to 4414.4%

45 to 5413.9%

55 to 6413.4%

65 to 7413.3%

75 and over7.8%

	Count	Share
Under 5	1,365	6.4%
5 to 17	4,058	19.1%
18 to 24	717	3.4%
25 to 34	1,760	8.3%
35 to 44	3,060	14.4%
45 to 54	2,957	13.9%
55 to 64	2,848	13.4%
65 to 74	2,830	13.3%
75 and over	1,660	7.8%

Race & ethnicity

	Count	Share
White (non-Hispanic)	17,677	83.2%
Black or African American	401	1.9%
American Indian & Alaska Native	13	0.1%
Asian	1,091	5.1%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	36	0.2%
Two or more races	882	4.1%
Hispanic or Latino (any race)	1,155	5.4%

Educational attainment (age 25+)

No high school diploma3.0%

High school graduate10.9%

Some college or associate's21.9%

Bachelor's degree36.4%

Graduate or professional degree27.8%

	Count	Share
No high school diploma	451	3.0%
High school graduate	1,643	10.9%
Some college or associate's	3,313	21.9%
Bachelor's degree	5,501	36.4%
Graduate or professional degree	4,207	27.8%

Commute to work

Mean travel time to work: 21 min

Drove alone63.2%

Carpooled5.1%

Public transit0.4%

Walked2.3%

Bicycle0.2%

Worked from home28.2%

Other means0.6%

How workers get to work

	Count	Share
Drove alone	6,917	63.2%
Carpooled	556	5.1%
Public transit	48	0.4%
Walked	249	2.3%
Bicycle	18	0.2%
Worked from home	3,079	28.2%
Other means	69	0.6%

Travel time

	Count	Share
Under 15 min	1,910	24.3%
15 to 29 min	4,177	53.2%
30 to 44 min	1,329	16.9%
45 to 59 min	229	2.9%
60+ min	212	2.7%

Households

Average household size: 2.51
Poverty rate: 4.1% (872 of 21,136)

	Count	Share
Family households	5,887	69.8%
Nonfamily households	2,546	30.2%

Housing

Median year structure built: 1972

Occupancy

	Count	Share
Occupied	8,433	95.5%
Vacant	401	4.5%

Tenure (of occupied units)

	Count	Share
Owner-occupied	7,280	86.3%
Renter-occupied	1,153	13.7%

1-unit, detached77.2%

1-unit, attached8.0%

2 to 4 units1.0%

5 to 19 units0.2%

20 or more units13.6%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	6,823	77.2%
1-unit, attached	707	8.0%
2 to 4 units	89	1.0%
5 to 19 units	17	0.2%
20 or more units	1,198	13.6%
Mobile home & other	0	0.0%

ZIP Code 55345

Demographics

Trends

Age distribution

Race & ethnicity

Educational attainment (age 25+)

Commute to work

Households

Housing

Geography

Counties this ZIP covers

Compare with nearby ZIP codes

National ZIP rankings

Nearby ZIP codes