55340 ZIP Code – Hamel, Minnesota
Located in Hamel, Minnesota, ZIP code 55340 is a mid-sized ZIP code within Hennepin County with a population of approximately 9,414 residents. The median household income of $169,762 is well above the Minnesota average and well above the national average. The median home value of $596,300 is well above the national average, with 92.3% owner-occupied housing (decreasing). , and the median rent of $1,290 is above the national average. Housing consists of 91% single-family (increasing).
The unemployment rate is 2.2%, well below the national average. The poverty rate is 1.2%, well below the national average. About 61.3% of residents have completed a four-year degree, well above the national rate. The population has a median age of 38.4, near the national median. Nearby ZIP codes include 55311, 55357, 55446.
ZIP Code 55340 Data
See more demographics for:
ZIP 55340 vs. Minnesota vs. U.S.
| Metric | ZIP 55340 | MN Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 9,414 | 6,531 | 10k |
| Median Household Income | $169k | $77k | $73k |
| Median Home Value | $596k | $223k | $258k |
| Median Rent | $1,290 | $954 | $1,088 |
| Median Age | 38.4 | 43.2 | 43.2 |
| Unemployment Rate | 2.2% | 4.0% | 5.0% |
| Poverty Rate | 1.2% | 9.9% | 13.3% |
| Bachelor's Degree or Higher | 61.3% | 26.4% | 26.9% |
Demographics Charts
Race & Ethnicity
Gender
Education Level (adults 25+)
Nearby ZIP Codes
- 55311 – Maple Grove
- 55357 – Loretto
- 55446 – Minneapolis
- 55356 – Long Lake
- 55447 – Minneapolis
- 55374 – Rogers
- 55341 – Hanover
- 55369 – Osseo
- 55373 – Rockford
- 55442 – Minneapolis
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 55311 | MAPLE GROVE | 37,797 | $143,375 |
| 55357 | LORETTO | 3,474 | $140,967 |
| 55446 | MINNEAPOLIS | 27,422 | $163,433 |
| 55356 | LONG LAKE | 5,965 | $166,875 |
| 55447 | MINNEAPOLIS | 21,506 | $128,759 |