55345 ZIP Code – Minnetonka, Minnesota
ZIP code 55345 is a large ZIP code located in Minnetonka, Minnesota, within Hennepin County with a population of approximately 21,440 residents. The median household income is $134,288 — well above the Minnesota average and well above the national average. Median home values of $451,800 are well above the national average, with 85.3% owner-occupied housing (increasing). . Median rent is $1,477, which is above the U.S. average. Housing consists of 86% single-family (increasing), 14% apartments (decreasing).
The area reports an unemployment rate of 1.9%, well below the national average. An estimated 4.1% of the population falls below the poverty line, well below the national figure. About 64.2% of residents have completed a four-year degree, well above the national rate. At 43.9, the median age is near the national figure. The surrounding area includes ZIP codes 55346, 55343, 55305.
ZIP Code 55345 Data
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ZIP 55345 vs. Minnesota vs. U.S.
| Metric | ZIP 55345 | MN Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 21k | 6,531 | 10k |
| Median Household Income | $134k | $77k | $73k |
| Median Home Value | $451k | $223k | $258k |
| Median Rent | $1,477 | $954 | $1,088 |
| Median Age | 43.9 | 43.2 | 43.2 |
| Unemployment Rate | 1.9% | 4.0% | 5.0% |
| Poverty Rate | 4.1% | 9.9% | 13.3% |
| Bachelor's Degree or Higher | 64.2% | 26.4% | 26.9% |
Demographics Charts
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Nearby ZIP Codes
- 55346 – Eden Prairie
- 55343 – Hopkins
- 55305 – Hopkins
- 55391 – Wayzata
- 55344 – Eden Prairie
- 55317 – Chanhassen
- 55436 – Minneapolis
- 55426 – Minneapolis
- 55447 – Minneapolis
- 55347 – Eden Prairie
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 55346 | EDEN PRAIRIE | 18,048 | $134,315 |
| 55343 | HOPKINS | 26,813 | $79,726 |
| 55305 | HOPKINS | 21,256 | $104,380 |
| 55391 | WAYZATA | 15,773 | $147,386 |
| 55344 | EDEN PRAIRIE | 14,759 | $90,861 |