55343 Zip Code Detailed Profile




Cities: Minnetonka, MN (51.37%), Hopkins, MN (41.39%), Edina, MN (7.11%), St. Louis Park, MN (0.13%)
County: Hennepin County, MN
Estimated zip code population in 2013: 25,113
Zip code population in 2010: 23,933
Zip code population in 2000: 24,475

Houses and condos: 11,993
Renter-occupied apartments: 5,852
% of renters here:

52%
State:

28%
Mar. 2013 cost of living index in zip code 55343: 114.1 (more than average, U.S. average is 100)

Land area: 7.6 sq. mi.
Water area: 0.3 sq. mi.
Population density: 3,324 people per square mile 
 
 (average).

Age and Sex of Residents in zip code 55343
Zip code 55343 (Minnetonka, Minnesota) real estate house value trends
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Real estate property taxes paid for housing units in 2013:
This zip code:

1.3% ($2,738)
Minnesota:

1.2% ($2,148)
Median real estate property taxes paid for housing units with mortgages in 2013: $2,725 (1.2%)
Median real estate property taxes paid for housing units with no mortgage in 2013: $2,777 (1.4%)

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Males: 11,805  (47.0%)
Females: 13,308  (53.0%)

For population 25 years and over in 55343:

For population 15 years and over in 55343:

Zip code 55343 compared to state average:

  • Black race population percentage above state average.
  • Foreign-born population percentage above state average.
  • Renting percentage above state average.
  • Number of rooms per house below state average.
  • Races in zip code 55343

  • Zip code 55343 races chart
    • 17,309White population
    • 2,602Black population
    • 102American Indian population
    • 1,658Asian population
    • 8Native Hawaiian and Other Pacific Islander population
    • 54Some other race population
    • 638Two or more races population
    • 1,562Hispanic or Latino population

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Based on 2000-2011 data
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123
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100% urban population.

Estimated median house/condo value in 2013: $215,900
55343:

$215,900
Minnesota:

$180,100



According to our research of Minnesota and other state lists there was 1 registered sex offender living in 55343 zip code as of August 01, 2015.
The ratio of number of residents in zip code 55343 to the number of sex offenders is 23,658 to 1.
The number of registered sex offenders compared to the number of residents in this zip code is smaller than the state average.


Median resident age:
This zip code:

35.3 years
Minnesota median age:

37.7 years
Average household size:
This zip code:

2.2 people
Minnesota:

2.5 people

Averages for the 2012 tax year for zip code 55343, filed in 2013:

Average Adjusted Gross Income (AGI) in 2012: $72,835 (Individual Income Tax Returns)
Here:

$72,835
State:

$67,192

Salary/wage: $55,565 (reported on 85.3% of returns)
Here:

$55,565
State:

$55,182
(% of AGI for various income ranges: 74.7% for AGIs below $25k, 84.6% for AGIs $25k-50k, 82.1% for AGIs $50k-75k, 77.5% for AGIs $75k-100k, 78.2% for AGIs $100k-200k, 38.6% for AGIs over 200k)

Taxable interest for individuals: $2,399 (reported on 33.5% of returns)
This zip code:

$2,399
Minnesota:

$1,664
(% of AGI for various income ranges: 1.1% for AGIs below $25k, 0.5% for AGIs $25k-50k, 0.5% for AGIs $50k-75k, 0.6% for AGIs $75k-100k, 0.8% for AGIs $100k-200k, 1.9% for AGIs over 200k)

Ordinary dividends: $6,692 (reported on 23.8% of returns)
Here:

$6,692
State:

$5,665
(% of AGI for various income ranges: 2.3% for AGIs below $25k, 1.1% for AGIs $25k-50k, 1.4% for AGIs $50k-75k, 1.6% for AGIs $75k-100k, 1.6% for AGIs $100k-200k, 3.4% for AGIs over 200k)

Net capital gain/loss in AGI: +$28,353 (reported on 19.6% of returns)
Here:

+$28,353
State:

+$16,131
(% of AGI for various income ranges: 0.2% for AGIs $25k-50k, 0.5% for AGIs $50k-75k, 1.4% for AGIs $75k-100k, 1.9% for AGIs $100k-200k, 19.4% for AGIs over 200k)

Profit/loss from business: +$15,506 (reported on 13.7% of returns)
Here:

+$15,506
State:

+$12,430
(% of AGI for various income ranges: 8.4% for AGIs below $25k, 2.5% for AGIs $25k-50k, 2.6% for AGIs $50k-75k, 1.9% for AGIs $75k-100k, 3.0% for AGIs $100k-200k, 2.6% for AGIs over 200k)

Taxable individual retirement arrangement distribution: $16,672 (reported on 11.6% of returns)
55343:

$16,672
Minnesota:

$15,212
(% of AGI for various income ranges: 4.0% for AGIs below $25k, 2.6% for AGIs $25k-50k, 2.8% for AGIs $50k-75k, 3.5% for AGIs $75k-100k, 3.2% for AGIs $100k-200k, 1.9% for AGIs over 200k)

Self-employment retirement plans: $20,358 (reported on 0.9% of returns)
55343:

$20,358
Minnesota:

$17,874
(% of AGI for various income ranges: 0.2% for AGIs $50k-75k, 0.3% for AGIs $100k-200k, 0.4% for AGIs over 200k)

Total itemized deductions: $28,188 (20% of AGI, reported on 36.0% of returns)
Here:

$28,188
State:

$24,665

Here:

19.6% of AGI
State:

19.6% of AGI
(% of AGI for various income ranges: 10.5% for AGIs below $25k, 8.3% for AGIs $25k-50k, 12.1% for AGIs $50k-75k, 15.3% for AGIs $75k-100k, 15.9% for AGIs $100k-200k, 15.8% for AGIs over 200k)

Charity contributions: $4,011 (reported on 29.8% of returns)
Here:

$4,011
State:

$3,948
(% of AGI for various income ranges: 0.7% for AGIs below $25k, 0.8% for AGIs $25k-50k, 1.3% for AGIs $50k-75k, 1.7% for AGIs $75k-100k, 1.9% for AGIs $100k-200k, 2.0% for AGIs over 200k)

Taxes paid: $11,731 (reported on 35.9% of returns)
55343:

$11,731
State:

$10,589
(% of AGI for various income ranges: 2.2% for AGIs below $25k, 2.3% for AGIs $25k-50k, 4.2% for AGIs $50k-75k, 5.8% for AGIs $75k-100k, 7.5% for AGIs $100k-200k, 7.4% for AGIs over 200k)

Earned income credit: $1,927 (reported on 12.4% of returns)
Here:

$1,927
State:

$2,037
(% of AGI for various income ranges: 4.5% for AGIs below $25k, 0.6% for AGIs $25k-50k)

Averages for the 2004 tax year for zip code 55343, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $57,680 (Individual Income Tax Returns)
Here:

$57,680
State:

$53,560

Salary/wage: $47,995 (reported on 84.9% of returns)
Here:

$47,995
State:

$46,177
(% of AGI for various income ranges: 132.6% for AGIs below $10k, 75.1% for AGIs $10k-25k, 86.0% for AGIs $25k-50k, 80.6% for AGIs $50k-75k, 77.4% for AGIs $75k-100k, 57.7% for AGIs over 100k)

Taxable interest for individuals: $2,228 (reported on 43.3% of returns)
This zip code:

$2,228
Minnesota:

$1,796
(% of AGI for various income ranges: 8.0% for AGIs below $10k, 2.7% for AGIs $10k-25k, 1.1% for AGIs $25k-50k, 1.3% for AGIs $50k-75k, 1.4% for AGIs $75k-100k, 1.8% for AGIs over 100k)

Taxable dividends: $4,082 (reported on 30.1% of returns)
Here:

$4,082
State:

$3,096
(% of AGI for various income ranges: 8.2% for AGIs below $10k, 2.5% for AGIs $10k-25k, 1.1% for AGIs $25k-50k, 1.3% for AGIs $50k-75k, 1.3% for AGIs $75k-100k, 2.9% for AGIs over 100k)

Net capital gain/loss: +$13,430 (reported on 24.6% of returns)
Here:

+$13,430
State:

+$10,864
(% of AGI for various income ranges: -1.3% for AGIs below $10k, 0.0% for AGIs $10k-25k, 0.3% for AGIs $25k-50k, 0.7% for AGIs $50k-75k, 1.6% for AGIs $75k-100k, 11.5% for AGIs over 100k)

Profit/loss from business: +$15,780 (reported on 13.2% of returns)
Here:

+$15,780
State:

+$10,442
(% of AGI for various income ranges: 4.3% for AGIs below $10k, 5.2% for AGIs $10k-25k, 2.5% for AGIs $25k-50k, 3.3% for AGIs $50k-75k, 2.9% for AGIs $75k-100k, 4.1% for AGIs over 100k)

IRA payment deduction: $2,845 (reported on 2.7% of returns)
55343:

$2,845
Minnesota:

$2,955
(% of AGI for various income ranges: 0.3% for AGIs $10k-25k, 0.3% for AGIs $25k-50k, 0.2% for AGIs $50k-75k, 0.1% for AGIs $75k-100k, 0.0% for AGIs over 100k)

Self-employed pension: $14,211 (reported on 1.3% of returns)
Here:

$14,211
Minnesota:

$12,099
(% of AGI for various income ranges: 0.1% for AGIs $25k-50k, 0.2% for AGIs $50k-75k, 0.2% for AGIs $75k-100k, 0.6% for AGIs over 100k)

Total itemized deductions: $20,109 (20% of AGI, reported on 40.9% of returns)
Here:

$20,109
State:

$20,035

Here:

19.9% of AGI
State:

21.3% of AGI
(% of AGI for various income ranges: 28.6% for AGIs below $10k, 11.9% for AGIs $10k-25k, 11.9% for AGIs $25k-50k, 16.1% for AGIs $50k-75k, 18.0% for AGIs $75k-100k, 13.8% for AGIs over 100k)

Charity contributions deductions: $3,376 (3% of AGI, reported on 36.7% of returns)
Here:

$3,376
State:

$3,333

Here:

3.2% of AGI
State:

3.4% of AGI
(% of AGI for various income ranges: 1.5% for AGIs below $10k, 1.3% for AGIs $10k-25k, 1.3% for AGIs $25k-50k, 2.0% for AGIs $50k-75k, 2.4% for AGIs $75k-100k, 2.6% for AGIs over 100k)

Total tax: $10,335 (reported on 81.6% of returns)
55343:

$10,335
State:

$8,485
(% of AGI for various income ranges: 4.6% for AGIs below $10k, 4.8% for AGIs $10k-25k, 8.4% for AGIs $25k-50k, 10.4% for AGIs $50k-75k, 11.2% for AGIs $75k-100k, 21.0% for AGIs over 100k)

Earned income credit: $1,480 (reported on 9.6% of returns)
Here:

$1,480
State:

$1,523

Percentage of individuals using paid preparers for their 2004 taxes: 52.9%
Here:

53%
State:

59%
(% for various income ranges: 48.1% for AGIs below $10k, 55.0% for AGIs $10k-25k, 48.6% for AGIs $25k-50k, 54.7% for AGIs $50k-75k, 52.6% for AGIs $75k-100k, 66.8% for AGIs over 100k)

Estimated median household income in 2013:
This zip code:

$56,118
Minnesota:

$60,702
Minnetonka, MN (55343) map Nearest zip codes: 55305, 55436, 55344, 55439, 55426, 55345.
Percentage of family households:
This zip code:

44.9%
Minnesota:

50.8%
Percentage of households with unmarried partners:
This zip code:

7.2%
Minnesota:

6.7%
Likely homosexual households (counted as self-reported same-sex unmarried-partner households)

Household received Food Stamps/SNAP in the past 12 months: 1,008
Household did not receive Food Stamps/SNAP in the past 12 months: 10,300


Women who had a birth in the past 12 months: 490 (296 now married, 194 unmarried)
Women who did not have a birth in the past 12 months: 6,277 (2,454 now married, 3,823 unmarried)


Housing units in zip code 55343 with a mortgage: 4,048 (266 second mortgage, 924 home equity loan, 29 both second mortgage and home equity loan)
Houses without a mortgage: 1,408

Median monthly owner costs for units with a mortgage: $1,692
Median monthly owner costs for units without a mortgage: S524

Residents with income below the poverty level in 2013:
This zip code:

14.0%
Whole state:

11.2%
Residents with income below 50% of the poverty level in 2013:
This zip code:

7.0%
Whole state:

6.3%
Median number of rooms in houses and condos:
Here:

6.5
State:

7.0
Median number of rooms in apartments:
Here:

3.6
State:

4.0
  • Notable locations in this zip code not listed on our city pages

  • Click to draw/clear zip code borders
  • Notable locations in zip code 55343: Interlachen Country Club (A), Hopkins Commerce Center (B), Hopkins Fire Department (C), Minnetonka Fire Department Station 3 (D), Hopkins City Hall (E). Display/hide their locations on the map

    Shopping Centers: Knollwood Village Shopping Center (1), Suburban Square Shopping Center (2). Display/hide their locations on the map

    Church in zip code 55343: Prince of Peace Lutheran Church (A). Display/hide its location on the map

    Cemeteries: Saint Margaret Cemetery (1), Shady Oak Lake Cemetery (2). Display/hide their locations on the map

    Lakes: Shady Oak Lake (A), Minnetoga Lake (B), Lone Lake (C). Display/hide their locations on the map

    Parks in zip code 55343 include: Hagan Field (1), Hilltop Park (2), Interlachen Park (3), Van Valkenburg Park (4), Alden Park (5), Burnes Park (6), Central Park (7). Display/hide their locations on the map

Year house built

  • 02010 or later
  • 7342000 to 2009
  • 1,1121990 to 1999
  • 2,6961980 to 1989
  • 2,5631970 to 1979
  • 1,2631960 to 1969
  • 1,5721950 to 1959
  • 1,0321940 to 1949
  • 1,0211939 or earlier

Zip code 55343 satellite photo by USGS

Owner-occupied Renter-occupied

Bedrooms in owner-occupied houses and condos in Minnetonka, MN (55343)

  • 14no bedroom
  • 2531 bedroom
  • 1,7432 bedrooms
  • 2,3993 bedrooms
  • 7954 bedrooms
  • 2525+ bedrooms

Bedrooms in renter-occupied apartments in Minnetonka, MN (55343)

  • 281no bedroom
  • 2,5381 bedroom
  • 2,2072 bedrooms
  • 6993 bedrooms
  • 774 bedrooms
  • 505+ bedrooms
Owner-occupied Renter-occupied

Cars and other vehicles available in Minnetonka, MN (55343) in owner-occupied houses/condos

  • 54no vehicle
  • 1,9791 vehicle
  • 2,6722 vehicles
  • 4893 vehicles
  • 2064 vehicles
  • 565+ vehicles

Cars and other vehicles available in Minnetonka, MN (55343) in renter-occupied apartments

  • 1,236no vehicle
  • 2,8891 vehicle
  • 1,4142 vehicles
  • 2373 vehicles
  • 444 vehicles
  • 325+ vehicles

Median gross rent in 2013: $955.


Median price asked for vacant for-sale houses and condos in 2013: $160,986.

Estimated median house (or condo) value in 2013 for:


Estimated median house or condo value in 2013: $215,900
55343:

$215,900
Minnesota:

$180,100
Lower value quartile - upper value quartile: $164,700 - $293,900

Owners and renters by unit type in %

Housing units in structures:


Unemployment: 7.2%

Percentage of zip code residents living and working in this county: 85.0%

Household type by relationship:

Households: 24,833

Size of family households: 2,863 2-persons, 1,767 3-persons, 939 4-persons, 482 5-persons, 93 6-persons, 57 7-or-more-persons

Size of nonfamily households: 4,069 1-person, 864 2-persons, 155 3-persons, 19 4-persons

3,092 married couples with children.
2,011 single-parent households (340 men, 1,671 women).

80.1% of residents of 55343 zip code speak English at home.
7.3% of residents speak Spanish at home (62% very well, 22% well, 12% not well, 4% not at all).
4.4% of residents speak other Indo-European language at home (71% very well, 26% well, 3% not well).
3.5% of residents speak Asian or Pacific Island language at home (52% very well, 38% well, 8% not well, 2% not at all).
4.7% of residents speak other language at home (52% very well, 34% well, 6% not well, 8% not at all).

Foreign born population: 3,733 (14.9%)
(43.8% of them are naturalized citizens)
This zip code:

14.9%
Whole state:

7.4%

Most common places of birth for the foreign-born residents

  • 23%India
  • 21%Mexico
  • 13%Other Eastern Africa
  • 4%Vietnam
  • 4%Korea
  • 4%Jamaica
  • 3%Ghana

Most common first ancestries reported in 55343 (%)

  • 22%Other groups
  • 19%German
  • 9%Norwegian
  • 6%Irish
  • 5%Swedish
  • 4%Somalian
  • 3%English

Year of entry for the foreign-born population

  • 5692010 or later
  • 1,3882000 to 2009
  • 9121990 to 1999
  • 1,108Before 1990

Zip code 55343 topographic map

Public primary/middle school in zip code 55343 not listed on the city page:

  • MAIN STREET SCHOOL PERFORMING ARTS (Location: 1111 MAIN STREET, HOPKINS, MN; Grades: N - N )
There are 171 Medical Specialists in Zip Code 55343.

Major facilities with environmental interests located in this zip code:

Fire-safe hotels and motels in zip code 55343:

All 3 fire-safe hotels and motels in zip code 55343

Zip code 55343 marital status for males
Zip code 55343 marital status for females

Housing units lacking complete plumbing facilities: 0.1%
Housing units lacking complete kitchen facilities: 1.4%

Most commonly used house heating fuel

  • 71%Utility gas
  • 24%Electricity
  • 1%Bottled, tank, or LP gas
  • 1%Other fuel
  • 1%No fuel used
  • 1%Fuel oil, kerosene, etc.

Population in 1990: 40,067. Population change in the 1990s: -15,592 (-38.9%).

Place of birth for U.S.-born residents:


48% of the 55343 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 57% lived in this county.
   Out of people who lived in different counties, 50% lived in Minnesota.

80% of the 55343 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 65% moved from this county.
   Out of people who lived in different houses, 15% moved from different county within same state.
   Out of people who lived in different houses, 15% moved from different state.
   Out of people who lived in different houses, 5% moved from abroad.

Year Householders Moved Into Unit

Private vs. public school enrollment:

Students in private schools in grades 1 to 8 (elementary and middle school): 272
Here:

11.7%
Minnesota:

11.3%
Students in private schools in grades 9 to 12 (high school): 81
Here:

7.1%
Minnesota:

8.3%
Students in private undergraduate colleges: 461
Here:

30.4%
Minnesota:

23.1%

Educational Attainment (%)

School Enrollment by Level of School (%)

Class of Workers (%)

Occupation by median earnings in the past 12 months ($)

  • 70,602Architecture and engineering occupations
  • 65,800Health diagnosing and treating practitioners and other technical occupations
  • 65,404Management occupations
  • 62,177Computer and mathematical occupations
  • 61,711Legal occupations
  • 59,742Business and financial operations occupations

Companies with biggest federal contracts located in this zip code:

Top industries in this zip code by the number of employees in 2005:


Age and Sex of Sensory-Disabled Residents (Noninstitutionalized)

Age and Sex of Physically-Disabled Residents (Noninstitutionalized)

Age and Sex of Mentally-Disabled Residents (Noninstitutionalized)

Age and Sex of Self-Care Disabled Residents (Noninstitutionalized)

Age and Sex of Go-Outside-Home Disabled Residents (Noninstitutionalized)

Age and Sex of Residents with Employment Disability (Noninstitutionalized)

People in group quarters in 2010:

  • 252 people in nursing facilities/skilled-nursing facilities
  • 12 people in group homes intended for adults

People in group quarters in 2000:

  • 336 people in nursing homes
  • 133 people in other group homes
  • 16 people in other noninstitutional group quarters
  • 6 people in homes for the mentally retarded
  • 4 people in homes for the mentally ill
  • 2 people in religious group quarters

Fatal accident statistics in 2010:

  • Fatal accident count: 1
  • Vehicles involved in fatal accidents: 1
  • Fatal accidents caused by drunken drivers: 1
  • Fatalities: 1
  • Persons involved in fatal accidents: 1
  • Pedestrians involved in fatal accidents: 0
Home Mortgage Disclosure Act Aggregated Statistics For Year 2009
(Based on 6 full and 6 partial tracts)
A) FHA, FSA/RHS & VA
Home Purchase Loans
B) Conventional
Home Purchase Loans
C) Refinancings
D) Home Improvement Loans
E) Loans on Dwellings For 5+ Families
F) Non-occupant Loans on
< 5 Family Dwellings (A B C & D)
NumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage Value
LOANS ORIGINATED226$171,946255$190,9971,115$215,03245$124,0650$063$153,216
APPLICATIONS APPROVED, NOT ACCEPTED7$165,48721$244,30290$207,3667$102,1560$06$137,315
APPLICATIONS DENIED31$126,99738$120,698236$222,97625$104,5920$026$163,262
APPLICATIONS WITHDRAWN19$134,15640$123,727200$184,58213$82,1932$11,118,06514$117,933
FILES CLOSED FOR INCOMPLETENESS0$03$162,11753$202,6896$12,2650$00$0
Private Mortgage Insurance Companies Aggregated Statistics For Year 2009
(Based on 6 full and 6 partial tracts)
A) Conventional
Home Purchase Loans
B) Refinancings
C) Non-occupant Loans on
< 5 Family Dwellings (A & B)
NumberAverage ValueNumberAverage ValueNumberAverage Value
LOANS ORIGINATED53$182,17042$226,6852$54,870
APPLICATIONS APPROVED, NOT ACCEPTED13$151,2815$260,9720$0
APPLICATIONS DENIED7$94,2444$293,3450$0
APPLICATIONS WITHDRAWN2$139,1202$357,3650$0
FILES CLOSED FOR INCOMPLETENESS4$98,5835$209,3962$44,890

Conventional Home Purchase Loans

Conventional Home Purchase Loans - Value

Most common first names in zip code 55343 among deceased individuals
NameCountLived (average)
John21375.2 years
Mary18680.9 years
William14975.2 years
Robert14371.6 years
Anna11385.8 years
Helen11383.5 years
George10376.7 years
Joseph9578.3 years
Margaret9581.0 years
Ruth8882.1 years
Most common last names in zip code 55343 among deceased individuals
Last nameCountLived (average)
Johnson16078.2 years
Anderson13179.0 years
Nelson9976.8 years
Carlson5879.7 years
Olson5676.9 years
Peterson5475.9 years
Smith4677.6 years
Larson3874.4 years
Erickson3880.9 years
Dvorak2881.0 years
Businesses in zip code 55343
NameCountNameCount
Ace Hardware1LA Fitness1
Ann Taylor1La-Z-Boy1
Arby's1Marriott1
Budget Car Rental1MasterBrand Cabinets1
Caribou Coffee5McDonald's1
Chipotle1Papa John's Pizza1
Cold Stone Creamery1Pizza Hut1
Curves1Subway2
DHL1Taco Bell1
Dairy Queen3The Limited1
Decora Cabinetry1U-Haul2
Domino's Pizza1UPS5
FedEx7Walgreens1
Gymboree1Wendy's2
Holiday Inn1Wet Seal1
Honda1White Castle1
KFC1

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