55331 ZIP Code – Excelsior, Minnesota
Located in Excelsior, Minnesota, ZIP code 55331 is a mid-sized ZIP code within Hennepin County with a population of approximately 19,226 residents. Residents earn a median household income of $156,308, which is well above the Minnesota average and well above the national figure. The median home value of $676,600 is well above the national average, with 86.1% owner-occupied housing (decreasing). , and the median rent of $1,171 is near the national average. Housing consists of 88% single-family (decreasing), 11% apartments (increasing).
The unemployment rate is 3.3%, below the national average. An estimated 3.8% of the population falls below the poverty line, well below the national figure. About 71.1% of residents have completed a four-year degree, well above the national rate. The median age is 48.8, near the national median. ZIP codes in the surrounding area include 55384, 55386, 55317.
ZIP Code 55331 Data
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ZIP 55331 vs. Minnesota vs. U.S.
| Metric | ZIP 55331 | MN Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 19k | 6,531 | 10k |
| Median Household Income | $156k | $77k | $73k |
| Median Home Value | $676k | $223k | $258k |
| Median Rent | $1,171 | $954 | $1,088 |
| Median Age | 48.8 | 43.2 | 43.2 |
| Unemployment Rate | 3.3% | 4.0% | 5.0% |
| Poverty Rate | 3.8% | 9.9% | 13.3% |
| Bachelor's Degree or Higher | 71.1% | 26.4% | 26.9% |
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Nearby ZIP Codes
- 55384 – Spring Park
- 55386 – Victoria
- 55317 – Chanhassen
- 55364 – Mound
- 55391 – Wayzata
- 55375 – Saint Bonifacius
- 55345 – Minnetonka
- 55318 – Chaska
- 55346 – Eden Prairie
- 55356 – Long Lake
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 55384 | SPRING PARK | 1,919 | $48,684 |
| 55386 | VICTORIA | 9,642 | $173,536 |
| 55317 | CHANHASSEN | 21,959 | $126,455 |
| 55364 | MOUND | 14,214 | $119,063 |
| 55391 | WAYZATA | 15,773 | $147,386 |