55345 Zip Code Detailed Profile




Estimated zip code population in 2013: 21,832
Zip code population in 2010: 21,147
Zip code population in 2000: 22,227

Houses and condos: 8,875
Renter-occupied apartments: 1,477
% of renters here:

17%
State:

28%
Mar. 2013 cost of living index in zip code 55345: 113.5 (more than average, U.S. average is 100)

Land area: 11.4 sq. mi.
Water area: 0.3 sq. mi.
Population density: 1,920 people per square mile 
 
 (low).

Age and Sex of Residents in zip code 55345
Zip code 55345 (Minnetonka, Minnesota) real estate house value trends
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Real estate property taxes paid for housing units in 2013:
This zip code:

1.2% ($3,637)
Minnesota:

1.2% ($2,148)
Median real estate property taxes paid for housing units with mortgages in 2013: $3,730 (1.2%)
Median real estate property taxes paid for housing units with no mortgage in 2013: $3,405 (1.2%)

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Males: 10,600  (48.6%)
Females: 11,232  (51.4%)

For population 25 years and over in 55345:

For population 15 years and over in 55345:

Zip code 55345 compared to state average:

  • Median house value above state average.
  • Black race population percentage significantly below state average.
  • Hispanic race population percentage below state average.
  • Median age above state average.
  • Renting percentage below state average.
  • Number of rooms per house above state average.
  • Percentage of population with a bachelor's degree or higher above state average.
  • Races in zip code 55345

  • Zip code 55345 races chart
    • 19,481White population
    • 379Black population
    • 35American Indian population
    • 427Asian population
    • 4Native Hawaiian and Other Pacific Islander population
    • 25Some other race population
    • 397Two or more races population
    • 399Hispanic or Latino population

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Data:
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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: $304,400
55345:

$304,400
Minnesota:

$180,100



According to our research of Minnesota and other state lists there was 1 registered sex offender living in 55345 zip code as of July 28, 2015.
The ratio of number of residents in zip code 55345 to the number of sex offenders is 22,642 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:

45.2 years
Minnesota median age:

37.7 years
Average household size:
This zip code:

2.5 people
Minnesota:

2.5 people

Averages for the 2012 tax year for zip code 55345, filed in 2013:

Average Adjusted Gross Income (AGI) in 2012: $102,543 (Individual Income Tax Returns)
Here:

$102,543
State:

$67,192

Salary/wage: $85,651 (reported on 81.3% of returns)
Here:

$85,651
State:

$55,182
(% of AGI for various income ranges: 67.7% for AGIs below $25k, 68.3% for AGIs $25k-50k, 67.1% for AGIs $50k-75k, 67.7% for AGIs $75k-100k, 76.9% for AGIs $100k-200k, 62.2% for AGIs over 200k)

Taxable interest for individuals: $2,144 (reported on 51.4% of returns)
This zip code:

$2,144
Minnesota:

$1,664
(% of AGI for various income ranges: 2.0% for AGIs below $25k, 1.1% for AGIs $25k-50k, 1.2% for AGIs $50k-75k, 0.9% for AGIs $75k-100k, 0.6% for AGIs $100k-200k, 1.4% for AGIs over 200k)

Ordinary dividends: $6,964 (reported on 41.4% of returns)
Here:

$6,964
State:

$5,665
(% of AGI for various income ranges: 4.1% for AGIs below $25k, 2.9% for AGIs $25k-50k, 2.8% for AGIs $50k-75k, 2.5% for AGIs $75k-100k, 2.2% for AGIs $100k-200k, 3.2% for AGIs over 200k)

Net capital gain/loss in AGI: +$17,922 (reported on 35.7% of returns)
Here:

+$17,922
State:

+$16,131
(% of AGI for various income ranges: 0.7% for AGIs $25k-50k, 0.9% for AGIs $50k-75k, 1.1% for AGIs $75k-100k, 1.6% for AGIs $100k-200k, 12.4% for AGIs over 200k)

Profit/loss from business: +$19,612 (reported on 19.2% of returns)
Here:

+$19,612
State:

+$12,430
(% of AGI for various income ranges: 8.5% for AGIs below $25k, 5.0% for AGIs $25k-50k, 4.0% for AGIs $50k-75k, 4.5% for AGIs $75k-100k, 3.5% for AGIs $100k-200k, 3.1% for AGIs over 200k)

Taxable individual retirement arrangement distribution: $20,245 (reported on 17.5% of returns)
55345:

$20,245
Minnesota:

$15,212
(% of AGI for various income ranges: 7.5% for AGIs below $25k, 6.0% for AGIs $25k-50k, 5.9% for AGIs $50k-75k, 5.1% for AGIs $75k-100k, 3.6% for AGIs $100k-200k, 2.0% for AGIs over 200k)

Self-employment retirement plans: $18,423 (reported on 2.0% of returns)
55345:

$18,423
Minnesota:

$17,874
(% of AGI for various income ranges: 0.3% for AGIs $25k-50k, 0.3% for AGIs $75k-100k, 0.3% for AGIs $100k-200k, 0.5% for AGIs over 200k)

Total itemized deductions: $29,667 (19% of AGI, reported on 56.9% of returns)
Here:

$29,667
State:

$24,665

Here:

18.7% of AGI
State:

19.6% of AGI
(% of AGI for various income ranges: 20.3% for AGIs below $25k, 17.1% for AGIs $25k-50k, 20.2% for AGIs $50k-75k, 19.1% for AGIs $75k-100k, 18.2% for AGIs $100k-200k, 13.8% for AGIs over 200k)

Charity contributions: $4,570 (reported on 51.5% of returns)
Here:

$4,570
State:

$3,948
(% of AGI for various income ranges: 1.4% for AGIs below $25k, 1.7% for AGIs $25k-50k, 2.2% for AGIs $50k-75k, 2.2% for AGIs $75k-100k, 2.4% for AGIs $100k-200k, 2.4% for AGIs over 200k)

Taxes paid: $13,768 (reported on 56.7% of returns)
55345:

$13,768
State:

$10,589
(% of AGI for various income ranges: 4.1% for AGIs below $25k, 4.6% for AGIs $25k-50k, 6.6% for AGIs $50k-75k, 7.5% for AGIs $75k-100k, 8.4% for AGIs $100k-200k, 7.9% for AGIs over 200k)

Earned income credit: $1,632 (reported on 5.4% of returns)
Here:

$1,632
State:

$2,037
(% of AGI for various income ranges: 2.1% for AGIs below $25k, 0.5% for AGIs $25k-50k)

Averages for the 2004 tax year for zip code 55345, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $83,289 (Individual Income Tax Returns)
Here:

$83,289
State:

$53,560

Salary/wage: $74,389 (reported on 83.3% of returns)
Here:

$74,389
State:

$46,177
(% of AGI for various income ranges: 194.2% for AGIs below $10k, 64.0% for AGIs $10k-25k, 74.5% for AGIs $25k-50k, 72.6% for AGIs $50k-75k, 78.0% for AGIs $75k-100k, 73.7% for AGIs over 100k)

Taxable interest for individuals: $2,031 (reported on 60.4% of returns)
This zip code:

$2,031
Minnesota:

$1,796
(% of AGI for various income ranges: 17.2% for AGIs below $10k, 3.7% for AGIs $10k-25k, 2.1% for AGIs $25k-50k, 1.5% for AGIs $50k-75k, 1.6% for AGIs $75k-100k, 1.2% for AGIs over 100k)

Taxable dividends: $3,559 (reported on 48.1% of returns)
Here:

$3,559
State:

$3,096
(% of AGI for various income ranges: 16.3% for AGIs below $10k, 3.5% for AGIs $10k-25k, 2.3% for AGIs $25k-50k, 2.2% for AGIs $50k-75k, 1.9% for AGIs $75k-100k, 1.9% for AGIs over 100k)

Net capital gain/loss: +$8,287 (reported on 40.4% of returns)
Here:

+$8,287
State:

+$10,864
(% of AGI for various income ranges: -10.9% for AGIs below $10k, 0.9% for AGIs $10k-25k, 0.8% for AGIs $25k-50k, 1.5% for AGIs $50k-75k, 0.9% for AGIs $75k-100k, 5.6% for AGIs over 100k)

Profit/loss from business: +$18,088 (reported on 19.3% of returns)
Here:

+$18,088
State:

+$10,442
(% of AGI for various income ranges: 23.4% for AGIs below $10k, 8.3% for AGIs $10k-25k, 4.3% for AGIs $25k-50k, 4.7% for AGIs $50k-75k, 4.3% for AGIs $75k-100k, 3.8% for AGIs over 100k)

IRA payment deduction: $3,170 (reported on 3.2% of returns)
55345:

$3,170
Minnesota:

$2,955
(% of AGI for various income ranges: 0.4% for AGIs below $10k, 0.3% for AGIs $10k-25k, 0.4% for AGIs $25k-50k, 0.2% for AGIs $50k-75k, 0.2% for AGIs $75k-100k, 0.1% for AGIs over 100k)

Self-employed pension: $14,224 (reported on 2.7% of returns)
Here:

$14,224
Minnesota:

$12,099
(% of AGI for various income ranges: 0.2% for AGIs $10k-25k, 0.2% for AGIs $25k-50k, 0.3% for AGIs $50k-75k, 0.4% for AGIs $75k-100k, 0.6% for AGIs over 100k)

Total itemized deductions: $25,310 (20% of AGI, reported on 59.0% of returns)
Here:

$25,310
State:

$20,035

Here:

19.9% of AGI
State:

21.3% of AGI
(% of AGI for various income ranges: 52.2% for AGIs below $10k, 21.9% for AGIs $10k-25k, 19.9% for AGIs $25k-50k, 22.1% for AGIs $50k-75k, 21.6% for AGIs $75k-100k, 16.0% for AGIs over 100k)

Charity contributions deductions: $4,079 (3% of AGI, reported on 55.6% of returns)
Here:

$4,079
State:

$3,333

Here:

3.1% of AGI
State:

3.4% of AGI
(% of AGI for various income ranges: 2.8% for AGIs below $10k, 2.1% for AGIs $10k-25k, 2.4% for AGIs $25k-50k, 2.8% for AGIs $50k-75k, 3.0% for AGIs $75k-100k, 2.7% for AGIs over 100k)

Total tax: $16,230 (reported on 82.7% of returns)
55345:

$16,230
State:

$8,485
(% of AGI for various income ranges: 7.4% for AGIs below $10k, 5.0% for AGIs $10k-25k, 7.6% for AGIs $25k-50k, 9.0% for AGIs $50k-75k, 9.9% for AGIs $75k-100k, 19.8% for AGIs over 100k)

Earned income credit: $1,355 (reported on 4.5% of returns)
Here:

$1,355
State:

$1,523

Percentage of individuals using paid preparers for their 2004 taxes: 55.7%
Here:

56%
State:

59%
(% for various income ranges: 44.5% for AGIs below $10k, 51.7% for AGIs $10k-25k, 56.4% for AGIs $25k-50k, 58.3% for AGIs $50k-75k, 56.3% for AGIs $75k-100k, 64.0% for AGIs over 100k)

Estimated median household income in 2013:
This zip code:

$89,936
Minnesota:

$60,702
Minnetonka, MN (55345) map Nearest zip codes: 55346, 55343, 55391, 55305, 55344, 55447.
Percentage of family households:
This zip code:

54.8%
Minnesota:

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

4.1%
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: 394
Household did not receive Food Stamps/SNAP in the past 12 months: 8,281


Women who had a birth in the past 12 months: 206 (206 now married, 0 unmarried)
Women who did not have a birth in the past 12 months: 4,367 (2,309 now married, 2,058 unmarried)


Housing units in zip code 55345 with a mortgage: 5,108 (231 second mortgage, 1,330 home equity loan, 64 both second mortgage and home equity loan)
Houses without a mortgage: 2,090

Median monthly owner costs for units with a mortgage: $2,013
Median monthly owner costs for units without a mortgage: S619

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

4.4%
Whole state:

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

2.3%
Whole state:

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

7.9
State:

7.0
Median number of rooms in apartments:
Here:

4.2
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 55345: Glen Lake Golf and Practice Center (A), Meadowwoods Golf Course (B), Minnetonka Fire Department Station 1 Central (C), Minnetonka Fire Department Station 4 (D), Minnetonka Library (E), Minnetonka Ice Arena (F), Minnetonka City Hall (G). Display/hide their locations on the map

    Shopping Centers: 7-Hi Shopping Center (1), Glen Lake Center Shopping Center (2), Glenhaven Shopping Center (3), Westwind Plaza Shopping Center (4). Display/hide their locations on the map

    Lakes: Wing Lake (A), Lake Rose (B), Spring Lake (C), Lake Holiday (D), Glen Lake (E). Display/hide their locations on the map

    Park in zip code 55345: Birch Island Park (1). Display/hide its location on the map

Year house built

  • 162010 or later
  • 3572000 to 2009
  • 1,0811990 to 1999
  • 1,3701980 to 1989
  • 1,6631970 to 1979
  • 2,0441960 to 1969
  • 1,6371950 to 1959
  • 1831940 to 1949
  • 5241939 or earlier

Zip code 55345 satellite photo by USGS

Owner-occupied Renter-occupied

Bedrooms in owner-occupied houses and condos in Minnetonka, MN (55345)

  • 0no bedroom
  • 1071 bedroom
  • 8742 bedrooms
  • 2,8973 bedrooms
  • 2,4544 bedrooms
  • 8665+ bedrooms

Bedrooms in renter-occupied apartments in Minnetonka, MN (55345)

  • 34no bedroom
  • 5171 bedroom
  • 4062 bedrooms
  • 3793 bedrooms
  • 704 bedrooms
  • 715+ bedrooms
Owner-occupied Renter-occupied

Cars and other vehicles available in Minnetonka, MN (55345) in owner-occupied houses/condos

  • 142no vehicle
  • 1,4571 vehicle
  • 3,9992 vehicles
  • 1,1893 vehicles
  • 3564 vehicles
  • 555+ vehicles

Cars and other vehicles available in Minnetonka, MN (55345) in renter-occupied apartments

  • 241no vehicle
  • 7251 vehicle
  • 3662 vehicles
  • 1363 vehicles
  • 04 vehicles
  • 95+ vehicles

Median gross rent in 2013: $971.


Median price asked for vacant for-sale houses and condos in 2013: $232,477.

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


Estimated median house or condo value in 2013: $304,400
55345:

$304,400
Minnesota:

$180,100
Lower value quartile - upper value quartile: $236,300 - $395,400

Owners and renters by unit type in %

Housing units in structures:


Unemployment: 5.2%

Neighborhoods in zip code 55345:

Percentage of zip code residents living and working in this county: 88.1%

Household type by relationship:

Households: 21,576

Size of family households: 3,087 2-persons, 1,040 3-persons, 1,358 4-persons, 485 5-persons, 161 6-persons, 44 7-or-more-persons

Size of nonfamily households: 2,081 1-person, 369 2-persons, 50 3-persons

3,954 married couples with children.
823 single-parent households (392 men, 431 women).

90.2% of residents of 55345 zip code speak English at home.
2.9% of residents speak Spanish at home (86% very well, 11% well, 3% not well).
3.9% of residents speak other Indo-European language at home (56% very well, 19% well, 18% not well, 7% not at all).
2.4% of residents speak Asian or Pacific Island language at home (56% very well, 31% well, 13% not well).
0.7% of residents speak other language at home (76% very well, 18% well, 6% not well).

Foreign born population: 1,403 (6.4%)
(61.7% of them are naturalized citizens)
This zip code:

6.4%
Whole state:

7.4%

Most common places of birth for the foreign-born residents

  • 10%Bosnia and Herzegovina
  • 8%England
  • 7%Ukraine
  • 6%Belarus
  • 6%Russia
  • 5%Vietnam
  • 5%Korea

Most common first ancestries reported in 55345 (%)

  • 24%German
  • 11%Other groups
  • 8%Norwegian
  • 8%Irish
  • 7%English
  • 6%Swedish
  • 4%American

Year of entry for the foreign-born population

  • 702010 or later
  • 4002000 to 2009
  • 5231990 to 1999
  • 506Before 1990

Zip code 55345 topographic map

Public primary/middle school in zip code 55345 not listed on the city page:

  • SHARED TIME REPORTING (Students: 1; Location: 5621 HWY 101, MINNETONKA, MN; Grades: 04 - 04)

Major facilities with environmental interests located in this zip code:


Zip code 55345 marital status for males
Zip code 55345 marital status for females

Housing units lacking complete plumbing facilities: 0.3%
Housing units lacking complete kitchen facilities: 1.0%

Most commonly used house heating fuel

  • 88%Utility gas
  • 10%Electricity
  • 1%Bottled, tank, or LP gas

Population in 1990: 22,535. Population change in the 1990s: -308 (-1.4%).

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


65% of the 55345 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 66% lived in this county.
   Out of people who lived in different counties, 50% lived in Minnesota.

92% of the 55345 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 68% moved from this county.
   Out of people who lived in different houses, 21% moved from different county within same state.
   Out of people who lived in different houses, 11% moved from different state.
   Out of people who lived in different houses, 0% 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): 307
Here:

13.4%
Minnesota:

11.3%
Students in private schools in grades 9 to 12 (high school): 155
Here:

11.2%
Minnesota:

8.3%
Students in private undergraduate colleges: 270
Here:

40.3%
Minnesota:

23.1%

Educational Attainment (%)

School Enrollment by Level of School (%)

Class of Workers (%)

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

  • 97,443Legal occupations
  • 97,331Management occupations
  • 85,673Architecture and engineering occupations
  • 82,875Health diagnosing and treating practitioners and other technical occupations
  • 82,371Computer and mathematical occupations
  • 69,444Business and financial operations occupations

Companies with 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:

  • 74 people in nursing facilities/skilled-nursing facilities
  • 58 people in correctional facilities intended for juveniles
  • 29 people in group homes intended for adults
  • 8 people in group homes for juveniles (non-correctional)

People in group quarters in 2000:

  • 133 people in training schools for juvenile delinquents
  • 108 people in other noninstitutional group quarters
  • 10 people in other group homes
  • 9 people in homes for the mentally retarded
  • 8 people in homes for the mentally ill
  • 6 people in homes for the physically handicapped
Home Mortgage Disclosure Act Aggregated Statistics For Year 2009
(Based on 11 full and 2 partial tracts)
A) FHA, FSA/RHS & VA
Home Purchase Loans
B) Conventional
Home Purchase Loans
C) Refinancings
D) Home Improvement Loans
F) Non-occupant Loans on
< 5 Family Dwellings (A B C & D)
G) Loans On Manufactured
Home Dwelling (A B C & D)
NumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage Value
LOANS ORIGINATED152$243,549298$263,7341,522$247,76570$173,24430$166,7502$280,930
APPLICATIONS APPROVED, NOT ACCEPTED8$240,92925$286,943125$273,2423$214,9535$185,7080$0
APPLICATIONS DENIED12$253,36713$345,290318$280,61931$101,8877$236,5400$0
APPLICATIONS WITHDRAWN13$207,90236$274,584243$266,1855$37,6125$253,3320$0
FILES CLOSED FOR INCOMPLETENESS0$04$113,75055$236,82711$92,9601$208,3600$0
Private Mortgage Insurance Companies Aggregated Statistics For Year 2009
(Based on 11 full and 2 partial tracts)
A) Conventional
Home Purchase Loans
B) Refinancings
NumberAverage ValueNumberAverage Value
LOANS ORIGINATED54$269,79323$301,266
APPLICATIONS APPROVED, NOT ACCEPTED4$306,13510$292,388
APPLICATIONS DENIED3$181,0405$329,292
APPLICATIONS WITHDRAWN3$180,3102$414,000
FILES CLOSED FOR INCOMPLETENESS0$01$414,000

Conventional Home Purchase Loans

Conventional Home Purchase Loans - Value

Most common first names in zip code 55345 among deceased individuals
NameCountLived (average)
Robert6672.9 years
John5876.0 years
Mary4980.9 years
William4675.5 years
Dorothy4283.4 years
James4274.8 years
Helen4086.1 years
Margaret3683.3 years
Richard3572.5 years
Ruth3583.6 years
Most common last names in zip code 55345 among deceased individuals
Last nameCountLived (average)
Johnson4180.0 years
Anderson3877.2 years
Smith2076.1 years
Nelson2079.4 years
Olson1779.6 years
Carlson1784.2 years
Peterson1682.1 years
Larson1584.2 years
Miller1373.1 years
Swanson1282.2 years
Businesses in zip code 55345
NameCountNameCount
Ace Hardware1Office Depot1
Arby's1Papa John's Pizza1
Blockbuster1RadioShack1
Burger King1Starbucks1
Caribou Coffee2T-Mobile2
Curves1Taco Bell1
Dairy Queen2Target1
Discount Tire1True Value2
FedEx4UPS4
GNC1Walgreens1
H&R Block1Wendy's1

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