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

Population 19,226
Median Household Income $156,308
Median Home Value $676,600
Median Rent $1,171
Median Age 48.8
Unemployment Rate 3.3%
Poverty Rate 3.8%
Bachelor's Degree or Higher 71.1%
State Minnesota

ZIP 55331 vs. Minnesota vs. U.S.

MetricZIP 55331MN Avg.U.S. Avg.
Population19k6,53110k
Median Household Income$156k$77k$73k
Median Home Value$676k$223k$258k
Median Rent$1,171$954$1,088
Median Age48.843.243.2
Unemployment Rate3.3%4.0%5.0%
Poverty Rate3.8%9.9%13.3%
Bachelor's Degree or Higher71.1%26.4%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

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