55305 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 55305 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateMinnesota
CityHopkins
Time ZoneAmerica/Chicago
Geo Location44.95479, -93.43235
Population21687
Size24.095 square miles
Median Family Income$127734.00
Median Home Value$358800.00

Population & Demographics

The following information lists the population statistics and breakdown for the 55305 zip code. The total population is 21687, of which, 10759 are male and 10759 are female. This total population is 24.92% greater than the average. With a total area of 24.095 square miles, the population density is 888.4 people per square mile. The median age of the population is 39.7 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
201118627
201218350
201318535
201418619
201518819
201619050
201720009
201820818
201921406
202021337
202121687

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 12395.7%
Age 5-911245.2%
Age 10-148874.1%
Age 15-199714.5%
Age 20-246423
Age 25-29244811.3%
Age 30-3420269.3%
Age 35-3916117.4%
Age 40-441128 5.2%
Age 45-499454.4%
Age 50-5411665.4%
Age 55-5912235.6%
Age 60-6416327.5%
Age 65-6914826.8%
Age 70-7410444.8%
Age 75-797443.4%
Age 80-845642.6%
Age 85 and over8113.7%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 15.8 %
  • Speaks Spanish: 1.6 %
  • Speaks Other Indo-European Language: 4.4 %
  • Speaks Pacific Island Languages: 8.2 %
  • Speak Other Languages: 1.7 %
Marital Status: 
  • Currently Married: 54.2 %
  • Divorced: 11.3 %
  • Separated (not divorced): 0.5 %
  • Never Married: 29 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 55305 zip code is $127734. This is 38.20% greater than the national average. This income places 5.2% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $26797. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.0056
$10,000.00 – $14,999.0048
$15,000.00 – $24,999.00136
$25,000.00 – $34,999.0084
$35,000.00 – $49,999.00382
$50,000.00 – $74,999.00693
$75,000.00 – $99,999.00607
$100,000.00 – $149,999.001498
$150,000.00 – $199,999,00783
$200,000.00 +1256

YearMedian Family Income ($ USD)
201191430
201287235
201388011
201488091
201591672
201696250
2017104139
2018109008
2019114706
2020111442
2021127734

Income Source# of Households
Wage or Salary7614
Self Employment1274
Social Security3192
Dividends, Interest, or Rental3527
Retirement2418
Other862

Total Insured & Uninsured Individuals: 
  • Families Insure: 21215
  • Families Uninsured: 385
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 2418
  • No retirement income: 7561

Education

In the 55305 zip code, 97.4% of individuals over 25 years old have a high school degree or higher, and 58.9% have a bachelors degree or higher. Additionally, 22.9% of individuals 3 years and older are in private school, and 77.1% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 55305 zip, there are an estimated 12827 people in the labor force, of which, 12516 are employed, and 311 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 19.5 minutes. Of the total people that work, 1863 worked from home and 12425 commuted. The average number of hours worked is 38.7. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts7119
Services1472
Sales and Office2747
Construction and Maintenance:270
Transportation and Material Moving908





Housing

The median home value for the 55305 zip code is 358800. There is an estimated  9979 number of occupied housing units, the median gross rent in is $1550 per month, and the average monthly housing costs are estimated to be $1586. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,00078
$50,000 – $99,000132
$100,000 – $149,999243
$150,000 – $199,999586
$200,000 – $299,9991015
$300,000 – $499,9992328
$500,000 – $999,9991231
$1,000,000+239

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 2019478
2000 – 2009716
1980 – 19994400
1960 – 19792167
1940 – 19591819
1939 or earlier399

The median number of rooms in all housing units is 5.1 rooms.
Monthly Rent ($ USD)Number of Units
Less than $50087
$500 – $999188
$1,000 – $1,4991639
$1,500 – $1,9991416
$2,000 – $2,499488
$2,499 – $2,999118
$3,000 + 175

Monthly Housing Costs ($)Number of Households
Less than 30031
300-499322
500-799860
800-999758
1000-14992578
1500-19992105
2000-24991529
2500-2999468
3000+1312

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%2215
20%-24.9%495
25%-29.9%453
30%-34.9%189
35+%673



# of VehiclesHouseholds
None478
13869
24413
3+1219
Home Heating Characteristics: 
  • Utility Gas: 79.3 %
  • Bottle Tank or LP Gas: 0.6 %
  • Electricity: 17.1 %
  • Oil or Kerosene etc: 0.5 %
  • Coal or Coke: 0 %
  • All Other: 1.7 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.