Census ACS · ZIP Code Tabulation Area

55305 Income Statistics for 2026

Hennepin County, Minnesota

Median household income

$104,914

Median household income ($104,914) is lower than Hennepin County County ($105,541).

55305$104,914
Hennepin County County$105,541
55424$250,001
55356$156,622
55391$174,301
55331$159,450
55436$144,129

Average household income

$144,880

Average household income ($144,880) is higher than Hennepin County County ($140,559).

55305$144,880
Hennepin County County$140,559
55424$350,782
55356$313,991
55391$286,470
55331$259,689
55436$242,131

Per-capita income

$68,939

Per-capita income ($68,939) is higher than Hennepin County County ($59,476).

55305$68,939
Hennepin County County$59,476
55424$124,809
55356$136,506
55391$121,153
55331$101,331
55436$102,973

Households earning $100k+

54.4%

Households earning $100k+ (54.4%) is higher than Hennepin County County (50.0%).

5530554.4%
Hennepin County County50.0%
5542480.0%
5535667.0%
5539169.1%
5533171.8%
5543663.4%

All demographics

Population
21,068
Households
9,927
Median age
40.5 yrs
Median household income
$104,914
Mean household income
$144,880
Per capita income
$68,939
Median home value
$451,800
Median gross rent
$1,799
Owner-occupied housing
57.5%
Bachelor's degree or higher
63.9%
In labor force
69.6%
Poverty rate
6.3%
Households earning $100k+
54.4%
Population under 5
6.6%
Population age 18–34
23.8%
Population age 25–44
30.7%
Population age 45–64
21.7%
Population age 65+
23.4%
Hispanic or Latino
5.1%
Black (non-Hispanic)
5.9%
Asian (non-Hispanic)
7.8%
Unemployment rate
3.1%

County and peer ZIP comparisons use population-weighted aggregates from other ZCTAs in the same county. Source: US Census Bureau ACS 5-year estimates. Page URL: https://resource.skyrocketbpo.com/tools/market-research/us-income-demographics-by-zip-code/minnesota/55305

Link to this page

Permanent URL backed by Census ACS data in PocketBase.

Context & methodology

About ZIP 55305 income statistics ($104,914 median)

ZIP Code Tabulation Area 55305 in Minnesota is defined by the U.S. Census Bureau for statistical reporting. It closely matches USPS ZIP code 55305 but may differ slightly at edges — use these ACS figures as demographic benchmarks, not exact postal boundaries.

An estimated 21,068 people live in this ZCTA. Median household income here ($104,914) is lower than Hennepin County County ($105,541). Operators sizing a local market often pair median income with mean income ($144,880) and the share of households earning $100k+ to gauge both typical and upscale demand.

The neighboring ZIP comparison table above lists adjacent ZCTAs with their own ACS estimates. Large gaps between adjacent ZIP codes are common — a few miles can separate very different income profiles, which matters for retail trade areas, service radius, and competitive positioning.

Small-area ACS estimates carry wider margins of error than state or county totals. The Census Bureau publishes guidance on interpreting confidence intervals (linked below). When a figure is critical to your analysis, download the underlying table from data.census.gov and review the margin of error column before citing it in a business plan or press release.

Data vintage: Census ACS 2024 5-year estimates (published 2026). Tables: B19013 (median HH income), B19001 (distribution), B19049 (income by age of householder).

Authoritative sources & further reading

Primary government data and reference pages for verifying and extending this analysis.

Related market research tools

Combine ZIP-level income with these free Resource tools for fuller market pictures.

All ZIP codes·Minnesota·ZIP codes in Hennepin County