55318 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 55318 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateMinnesota
CityChaska
Time ZoneAmerica/Chicago
Geo Location44.81107, -93.63664
Population28981
Size106.831 square miles
Median Family Income$130600.00
Median Home Value$320200.00

Population & Demographics

The following information lists the population statistics and breakdown for the 55318 zip code. The total population is 28981, of which, 14993 are male and 14993 are female. This total population is 453.87% greater than the average. With a total area of 106.831 square miles, the population density is 267 people per square mile. The median age of the population is 37.7 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
201125017
201225449
201325741
201425954
201526107
201626508
201727087
201827657
201928524
202028959
202128981

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 18946.5%
Age 5-922907.9%
Age 10-1420517.1%
Age 15-1922427.7%
Age 20-2416715.8
Age 25-2915015.2%
Age 30-3416255.6%
Age 35-3925318.7%
Age 40-441930 6.7%
Age 45-4921317.4%
Age 50-5421397.4%
Age 55-5919386.7%
Age 60-6417506%
Age 65-6912234.2%
Age 70-747452.6%
Age 75-793601.2%
Age 80-843821.3%
Age 85 and over5782%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 9.5 %
  • Speaks Spanish: 5.3 %
  • Speaks Other Indo-European Language: 1.6 %
  • Speaks Pacific Island Languages: 2.3 %
  • Speak Other Languages: 0.4 %
Marital Status: 
  • Currently Married: 53.5 %
  • Divorced: 11.5 %
  • Separated (not divorced): 1 %
  • Never Married: 30.1 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 55318 zip code is $130600. This is 45.52% greater than the national average. This income places 4.3% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $24438. 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 $10,000.00114
$10,000.00 – $14,999.000
$15,000.00 – $24,999.00178
$25,000.00 – $34,999.00293
$35,000.00 – $49,999.00387
$50,000.00 – $74,999.00875
$75,000.00 – $99,999.00916
$100,000.00 – $149,999.001597
$150,000.00 – $199,999,001332
$200,000.00 +1607

YearMedian Family Income ($ USD)
201187342
201285458
201385343
201493580
201589390
201693983
2017104479
2018111635
2019110873
2020123664
2021130600

Income Source# of Households
Wage or Salary9100
Self Employment1058
Social Security2363
Dividends, Interest, or Rental2206
Retirement1685
Other1452

Total Insured & Uninsured Individuals: 
  • Families Insure: 27964
  • Families Uninsured: 923
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 1685
  • No retirement income: 9255

Education

In the 55318 zip code, 92.8% of individuals over 25 years old have a high school degree or higher, and 45.1% have a bachelors degree or higher. Additionally, 21.8% of individuals 3 years and older are in private school, and 78.2% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 55318 zip, there are an estimated 16731 people in the labor force, of which, 16392 are employed, and 339 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 25 minutes. Of the total people that work, 2270 worked from home and 16267 commuted. The average number of hours worked is 39.6. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts8120
Services1905
Sales and Office3296
Construction and Maintenance:1236
Transportation and Material Moving1835





Housing

The median home value for the 55318 zip code is 320200. There is an estimated  10940 number of occupied housing units, the median gross rent in is $1231 per month, and the average monthly housing costs are estimated to be $1537. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,000538
$50,000 – $99,000174
$100,000 – $149,999391
$150,000 – $199,999602
$200,000 – $299,9991887
$300,000 – $499,9992806
$500,000 – $999,9991357
$1,000,000+103

Home Year BuiltNumber of Homes
2020 or Later11
2010 – 20191302
2000 – 20092925
1980 – 19994513
1960 – 19791485
1940 – 1959265
1939 or earlier439

The median number of rooms in all housing units is 6.7 rooms.
Monthly Rent ($ USD)Number of Units
Less than $500176
$500 – $999681
$1,000 – $1,4991112
$1,500 – $1,999705
$2,000 – $2,499265
$2,499 – $2,9990
$3,000 + 72

Monthly Housing Costs ($)Number of Households
Less than 300167
300-499507
500-7991636
800-999824
1000-14992154
1500-19992101
2000-24991128
2500-29991071
3000+1281

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%3186
20%-24.9%1159
25%-29.9%370
30%-34.9%332
35+%621



# of VehiclesHouseholds
None776
13015
24685
3+2464
Home Heating Characteristics: 
  • Utility Gas: 75.8 %
  • Bottle Tank or LP Gas: 4 %
  • Electricity: 18.1 %
  • Oil or Kerosene etc: 0.2 %
  • Coal or Coke: 0 %
  • All Other: 0.8 %

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