55387 Zip Code Detailed Profile




Cities: Waconia, MN (11.16%), Minnetrista, MN (0.82%)
Counties: Carver County, MN (99.18%), Hennepin County, MN (0.82%)
Estimated zip code population in 2013: 12,773
Zip code population in 2010: 12,249
Zip code population in 2000: 8,595

Houses and condos: 4,917
Renter-occupied apartments: 791
% of renters here:

17%
State:

28%
Mar. 2013 cost of living index in zip code 55387: 112.2 (more than average, U.S. average is 100)

Land area: 31.4 sq. mi.
Water area: 7.7 sq. mi.
Population density: 407 people per square mile 
 
 (low).

Age and Sex of Residents in zip code 55387
Zip code 55387 (Waconia, Minnesota) real estate house value trends

Recent home sales, real estate maps, and home value estimator for zip code 55387

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Real estate property taxes paid for housing units in 2013:
This zip code:

1.1% ($2,777)
Minnesota:

1.2% ($2,148)
Median real estate property taxes paid for housing units with mortgages in 2013: $2,841 (1.1%)
Median real estate property taxes paid for housing units with no mortgage in 2013: $2,373 (1.2%)

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Males: 6,337  (49.6%)
Females: 6,436  (50.4%)

For population 25 years and over in 55387:

For population 15 years and over in 55387:

Zip code 55387 compared to state average:

  • Black race population percentage significantly below state average.
  • Hispanic race population percentage below state average.
  • Foreign-born population percentage significantly below state average.
  • Renting percentage below state average.
  • Length of stay since moving in below state average.
  • House age below state average.
  • Races in zip code 55387

  • Zip code 55387 races chart
    • 11,566White population
    • 111Black population
    • 31American Indian population
    • 125Asian population
    • 1Native Hawaiian and Other Pacific Islander population
    • 0Some other race population
    • 127Two or more races population
    • 288Hispanic or Latino population

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Urban population: 9,933
Rural population: 2,839

Estimated median house/condo value in 2013: $242,000
55387:

$242,000
Minnesota:

$180,100
Median resident age:
This zip code:

37.0 years
Minnesota median age:

37.7 years
Average household size:
This zip code:

2.7 people
Minnesota:

2.5 people

Averages for the 2012 tax year for zip code 55387, filed in 2013:

Average Adjusted Gross Income (AGI) in 2012: $80,446 (Individual Income Tax Returns)
Here:

$80,446
State:

$67,192

Salary/wage: $71,046 (reported on 87.3% of returns)
Here:

$71,046
State:

$55,182
(% of AGI for various income ranges: 72.3% for AGIs below $25k, 75.2% for AGIs $25k-50k, 81.3% for AGIs $50k-75k, 82.1% for AGIs $75k-100k, 84.8% for AGIs $100k-200k, 64.5% for AGIs over 200k)

Taxable interest for individuals: $1,327 (reported on 41.4% of returns)
This zip code:

$1,327
Minnesota:

$1,664
(% of AGI for various income ranges: 2.3% for AGIs below $25k, 0.8% for AGIs $25k-50k, 0.6% for AGIs $50k-75k, 0.5% for AGIs $75k-100k, 0.4% for AGIs $100k-200k, 0.9% for AGIs over 200k)

Ordinary dividends: $3,867 (reported on 27.3% of returns)
Here:

$3,867
State:

$5,665
(% of AGI for various income ranges: 2.5% for AGIs below $25k, 1.2% for AGIs $25k-50k, 0.6% for AGIs $50k-75k, 0.7% for AGIs $75k-100k, 0.8% for AGIs $100k-200k, 2.4% for AGIs over 200k)

Net capital gain/loss in AGI: +$9,765 (reported on 23.0% of returns)
Here:

+$9,765
State:

+$16,131
(% of AGI for various income ranges: 0.4% for AGIs $25k-50k, 0.5% for AGIs $50k-75k, 0.9% for AGIs $75k-100k, 1.2% for AGIs $100k-200k, 7.7% for AGIs over 200k)

Profit/loss from business: +$14,244 (reported on 16.0% of returns)
Here:

+$14,244
State:

+$12,430
(% of AGI for various income ranges: 5.6% for AGIs below $25k, 3.5% for AGIs $25k-50k, 2.9% for AGIs $50k-75k, 3.3% for AGIs $75k-100k, 2.2% for AGIs $100k-200k, 2.8% for AGIs over 200k)

Taxable individual retirement arrangement distribution: $16,415 (reported on 12.2% of returns)
55387:

$16,415
Minnesota:

$15,212
(% of AGI for various income ranges: 6.0% for AGIs below $25k, 4.5% for AGIs $25k-50k, 2.8% for AGIs $50k-75k, 2.3% for AGIs $75k-100k, 2.5% for AGIs $100k-200k, 1.5% for AGIs over 200k)

Self-employment retirement plans: $15,967 (reported on 1.0% of returns)
55387:

$15,967
Minnesota:

$17,874

Total itemized deductions: $25,445 (21% of AGI, reported on 53.6% of returns)
Here:

$25,445
State:

$24,665

Here:

20.5% of AGI
State:

19.6% of AGI
(% of AGI for various income ranges: 17.4% for AGIs below $25k, 14.7% for AGIs $25k-50k, 16.2% for AGIs $50k-75k, 18.6% for AGIs $75k-100k, 18.2% for AGIs $100k-200k, 15.5% for AGIs over 200k)

Charity contributions: $3,742 (reported on 47.6% of returns)
Here:

$3,742
State:

$3,948
(% of AGI for various income ranges: 1.7% for AGIs below $25k, 1.6% for AGIs $25k-50k, 1.6% for AGIs $50k-75k, 2.1% for AGIs $75k-100k, 2.1% for AGIs $100k-200k, 2.9% for AGIs over 200k)

Taxes paid: $10,445 (reported on 53.4% of returns)
55387:

$10,445
State:

$10,589
(% of AGI for various income ranges: 2.9% for AGIs below $25k, 3.8% for AGIs $25k-50k, 5.0% for AGIs $50k-75k, 6.6% for AGIs $75k-100k, 7.8% for AGIs $100k-200k, 8.1% for AGIs over 200k)

Earned income credit: $1,762 (reported on 7.2% of returns)
Here:

$1,762
State:

$2,037
(% of AGI for various income ranges: 2.9% for AGIs below $25k, 0.7% for AGIs $25k-50k)

Percentage of individuals using paid preparers for their 2012 taxes: 55.7%
Here:

56%
State:

55%
(% for various income ranges: 45.7% for AGIs below $25k, 56.7% for AGIs $25k-50k, 57.5% for AGIs $50k-75k, 59.5% for AGIs $75k-100k, 58.9% for AGIs $100k-200k, 75.0% for AGIs over 200k)

Averages for the 2004 tax year for zip code 55387, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $66,155 (Individual Income Tax Returns)
Here:

$66,155
State:

$53,560

Salary/wage: $58,005 (reported on 88.9% of returns)
Here:

$58,005
State:

$46,177
(% of AGI for various income ranges: 139.8% for AGIs below $10k, 69.7% for AGIs $10k-25k, 83.3% for AGIs $25k-50k, 85.5% for AGIs $50k-75k, 88.7% for AGIs $75k-100k, 69.8% for AGIs over 100k)

Taxable interest for individuals: $1,261 (reported on 54.5% of returns)
This zip code:

$1,261
Minnesota:

$1,796
(% of AGI for various income ranges: 7.5% for AGIs below $10k, 3.6% for AGIs $10k-25k, 1.4% for AGIs $25k-50k, 0.8% for AGIs $50k-75k, 0.5% for AGIs $75k-100k, 1.0% for AGIs over 100k)

Taxable dividends: $1,823 (reported on 32.6% of returns)
Here:

$1,823
State:

$3,096
(% of AGI for various income ranges: 6.9% for AGIs below $10k, 1.9% for AGIs $10k-25k, 0.9% for AGIs $25k-50k, 0.6% for AGIs $50k-75k, 0.5% for AGIs $75k-100k, 1.0% for AGIs over 100k)

Net capital gain/loss: +$10,727 (reported on 27.2% of returns)
Here:

+$10,727
State:

+$10,864
(% of AGI for various income ranges: -1.8% for AGIs below $10k, 0.6% for AGIs $10k-25k, 0.3% for AGIs $25k-50k, 1.4% for AGIs $50k-75k, 0.7% for AGIs $75k-100k, 8.1% for AGIs over 100k)

Profit/loss from business: +$13,691 (reported on 17.7% of returns)
Here:

+$13,691
State:

+$10,442
(% of AGI for various income ranges: -2.6% for AGIs below $10k, 5.2% for AGIs $10k-25k, 3.9% for AGIs $25k-50k, 4.1% for AGIs $50k-75k, 2.8% for AGIs $75k-100k, 3.8% for AGIs over 100k)

IRA payment deduction: $3,128 (reported on 2.7% of returns)
55387:

$3,128
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: $11,634 (reported on 1.7% of returns)
Here:

$11,634
Minnesota:

$12,099
(% of AGI for various income ranges: 0.1% for AGIs $25k-50k, 0.3% for AGIs $50k-75k, 0.2% for AGIs $75k-100k, 0.4% for AGIs over 100k)

Total itemized deductions: $21,612 (22% of AGI, reported on 57.9% of returns)
Here:

$21,612
State:

$20,035

Here:

22.2% of AGI
State:

21.3% of AGI
(% of AGI for various income ranges: 21.0% for AGIs below $10k, 18.9% for AGIs $10k-25k, 18.3% for AGIs $25k-50k, 22.1% for AGIs $50k-75k, 21.1% for AGIs $75k-100k, 17.1% for AGIs over 100k)

Charity contributions deductions: $3,204 (3% of AGI, reported on 53.4% of returns)
Here:

$3,204
State:

$3,333

Here:

3.2% of AGI
State:

3.4% of AGI
(% of AGI for various income ranges: 1.8% for AGIs below $10k, 2.4% for AGIs $10k-25k, 2.1% for AGIs $25k-50k, 2.2% for AGIs $50k-75k, 2.4% for AGIs $75k-100k, 2.9% for AGIs over 100k)

Total tax: $10,046 (reported on 83.8% of returns)
55387:

$10,046
State:

$8,485
(% of AGI for various income ranges: 4.6% for AGIs below $10k, 5.0% for AGIs $10k-25k, 7.4% for AGIs $25k-50k, 7.7% for AGIs $50k-75k, 8.8% for AGIs $75k-100k, 17.9% for AGIs over 100k)

Earned income credit: $1,431 (reported on 5.7% of returns)
Here:

$1,431
State:

$1,523

Percentage of individuals using paid preparers for their 2004 taxes: 59.8%
Here:

60%
State:

59%
(% for various income ranges: 44.8% for AGIs below $10k, 59.3% for AGIs $10k-25k, 61.8% for AGIs $25k-50k, 64.0% for AGIs $50k-75k, 61.5% for AGIs $75k-100k, 66.7% for AGIs over 100k)

Estimated median household income in 2013:
This zip code:

$78,405
Minnesota:

$60,702
Waconia, MN (55387) map Nearest zip codes: 55375, 55322, 55388, 55386, 55364, 55360.
Percentage of family households:
This zip code:

63.2%
Minnesota:

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

2.3%
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: 91
Household did not receive Food Stamps/SNAP in the past 12 months: 4,612


Women who had a birth in the past 12 months: 242 (242 now married, 0 unmarried)
Women who did not have a birth in the past 12 months: 2,960 (1,812 now married, 1,148 unmarried)


Housing units in zip code 55387 with a mortgage: 3,174 (293 second mortgage, 721 home equity loan, 66 both second mortgage and home equity loan)
Houses without a mortgage: 738

Median monthly owner costs for units with a mortgage: $1,883
Median monthly owner costs for units without a mortgage: S527

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

3.8%
Whole state:

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

1.6%
Whole state:

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

7.3
State:

7.0
Median number of rooms in apartments:
Here:

3.4
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 55387: Island View Golf Club (A), Waconia (B), Deardorff Orchards (C), Camp Manakiki (D), Waconia City Hall (E), Waconia Library (F), Waconia Volunteer Fire Department (G). Display/hide their locations on the map

    Churches in zip code 55387 include: Waconia Church (A), Scandia Church (B), Waconia Moravian Church (C), Faith Lutheran Church (D), Saint Joseph Catholic Church (E), Trinity Lutheran Church (F), Oakwood Community Church (G), Living Water Community Church (H). Display/hide their locations on the map

    Cemeteries: Waconia Public Cemetery (1), Rutz Lake Cemetery (2), Scandia Cemetery (3), Saint Josephs Cemetery (4). Display/hide their locations on the map

    Lakes and reservoirs: Goose Lake (A), Lake Waconia (B), Turbid Lake (C), Swan Lake (D), Rutz Lake (E), Reitz Lake (F), Parley Lake (G), Mud Lake (H). Display/hide their locations on the map

    Parks in zip code 55387 include: Cedar Point Park (1), Lakeview Terrace Park (2), Waconia City Park (3), Waconia State Wildlife Management Area (4), City Square Park (5), Sugarbush Park (6), Fox Run Park (7), Wildhurst Park (8), Clearwater Mills Park (9). Display/hide their locations on the map

Year house built

  • 552010 or later
  • 1,5742000 to 2009
  • 1,1091990 to 1999
  • 4181980 to 1989
  • 5691970 to 1979
  • 2801960 to 1969
  • 3491950 to 1959
  • 1621940 to 1949
  • 4011939 or earlier

Zip code 55387 satellite photo by USGS

Owner-occupied Renter-occupied

Bedrooms in owner-occupied houses and condos in Waconia, MN (55387)

  • 0no bedroom
  • 451 bedroom
  • 7162 bedrooms
  • 1,2733 bedrooms
  • 1,3904 bedrooms
  • 4885+ bedrooms

Bedrooms in renter-occupied apartments in Waconia, MN (55387)

  • 18no bedroom
  • 4471 bedroom
  • 1632 bedrooms
  • 603 bedrooms
  • 794 bedrooms
  • 245+ bedrooms
Owner-occupied Renter-occupied

Cars and other vehicles available in Waconia, MN (55387) in owner-occupied houses/condos

  • 104no vehicle
  • 7181 vehicle
  • 2,0102 vehicles
  • 8433 vehicles
  • 1954 vehicles
  • 425+ vehicles

Cars and other vehicles available in Waconia, MN (55387) in renter-occupied apartments

  • 164no vehicle
  • 4361 vehicle
  • 1582 vehicles
  • 203 vehicles
  • 04 vehicles
  • 135+ vehicles

Median gross rent in 2013: $789.

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


Estimated median house or condo value in 2013: $242,000
55387:

$242,000
Minnesota:

$180,100
Lower value quartile - upper value quartile: $173,000 - $336,000

Mean price in 2013:

Detached houses: $325,749
Here:

$325,749
State:

$229,257

Townhouses or other attached units: $170,053
Here:

$170,053
State:

$168,477

In 2-unit structures: $150,928
Here:

$150,928
State:

$168,680

In 3-to-4-unit structures: $116,690
Here:

$116,690
State:

$142,494

In 5-or-more-unit structures: $139,094
Here:

$139,094
State:

$160,166

Mobile homes: $21,990
Here:

$21,990
State:

$45,753

Owners and renters by unit type in %

Breakdown of mean house values by ages of householders

Housing units in structures:


Unemployment: 4.9%

Percentage of zip code residents living and working in this county: 49.2%

Household type by relationship:

Households: 12,644

Size of family households: 1,283 2-persons, 794 3-persons, 793 4-persons, 381 5-persons, 130 6-persons, 51 7-or-more-persons

Size of nonfamily households: 1,138 1-person, 100 2-persons, 33 3-persons

3,366 married couples with children.
406 single-parent households (139 men, 267 women).

95.0% of residents of 55387 zip code speak English at home.
2.7% of residents speak Spanish at home (66% very well, 10% well, 24% not well).
2.1% of residents speak other Indo-European language at home (75% very well, 17% well, 8% not well).
0.1% of residents speak Asian or Pacific Island language at home (100% very well).

Foreign born population: 333 (2.6%)
(55.3% of them are naturalized citizens)
This zip code:

2.6%
Whole state:

7.4%

Most common places of birth for the foreign-born residents

  • 24%Ecuador
  • 11%India
  • 9%Mexico
  • 9%Colombia
  • 8%Honduras
  • 6%Guatemala
  • 6%Germany

Most common first ancestries reported in 55387 (%)

  • 41%German
  • 12%Norwegian
  • 6%Other groups
  • 4%Swedish
  • 4%American
  • 4%Irish
  • 3%English

Year of entry for the foreign-born population

  • 02010 or later
  • 1792000 to 2009
  • 1281990 to 1999
  • 48Before 1990

Zip code 55387 topographic map

Major facilities with environmental interests located in this zip code:

Fire-safe hotels and motels in zip code 55387:

All 2 fire-safe hotels and motels in zip code 55387

Zip code 55387 marital status for males
Zip code 55387 marital status for females

Housing units lacking complete plumbing facilities: 0.7%
Housing units lacking complete kitchen facilities: 2.1%

Most commonly used house heating fuel

  • 76%Utility gas
  • 14%Electricity
  • 7%Bottled, tank, or LP gas
  • 2%Fuel oil, kerosene, etc.
  • 1%Wood
  • 1%Other fuel

Population in 1990: 5,844. Population change in the 1990s: +2,751 (+47.1%).

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


47% of the 55387 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 46% lived in this county.
   Out of people who lived in different counties, 50% lived in Minnesota.

89% of the 55387 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 41% moved from this county.
   Out of people who lived in different houses, 49% moved from different county within same state.
   Out of people who lived in different houses, 6% moved from different state.
   Out of people who lived in different houses, 4% 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): 314
Here:

16.2%
Minnesota:

11.3%
Students in private schools in grades 9 to 12 (high school): 83
Here:

10.0%
Minnesota:

8.3%
Students in private undergraduate colleges: 83
Here:

21.2%
Minnesota:

23.1%

Educational Attainment (%)

School Enrollment by Level of School (%)

Class of Workers (%)

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

  • 86,985Computer and mathematical occupations
  • 78,942Management occupations
  • 76,290Health diagnosing and treating practitioners and other technical occupations
  • 75,000Architecture and engineering occupations
  • 68,750Health technologists and technicians
  • 66,597Law enforcement workers including supervisors

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:

  • 132 people in nursing facilities/skilled-nursing facilities
  • 3 people in group homes intended for adults
  • 3 people in other noninstitutional facilities

People in group quarters in 2000:

  • 95 people in nursing homes

Fatal accident statistics in 2010:

  • Fatal accident count: 1
  • Vehicles involved in fatal accidents: 3
  • Fatal accidents caused by drunken drivers: 0
  • Fatalities: 1
  • Persons involved in fatal accidents: 4
  • Pedestrians involved in fatal accidents: 0
Home Mortgage Disclosure Act Aggregated Statistics For Year 2009
(Based on 6 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 ORIGINATED105$217,245116$251,718620$249,08115$150,97017$115,7121$8,700
APPLICATIONS APPROVED, NOT ACCEPTED12$214,20010$328,98453$260,8182$93,5800$00$0
APPLICATIONS DENIED12$212,46818$228,774123$276,26112$81,1514$180,4630$0
APPLICATIONS WITHDRAWN6$150,28216$353,043131$259,5544$244,4703$221,1470$0
FILES CLOSED FOR INCOMPLETENESS2$226,2102$334,68019$227,9523$103,3930$00$0
Choose year:  2009 2008 2007 2006 2005 2004 2003 1999

Detailed HMDA statistics for the following Tracts: 0903.01 , 0903.02, 0904.01

Private Mortgage Insurance Companies Aggregated Statistics For Year 2009
(Based on 6 partial tracts)
A) Conventional
Home Purchase Loans
B) Refinancings
NumberAverage ValueNumberAverage Value
LOANS ORIGINATED22$263,21513$300,324
APPLICATIONS APPROVED, NOT ACCEPTED9$291,8543$300,630
APPLICATIONS DENIED5$292,0125$408,676
APPLICATIONS WITHDRAWN3$204,3532$395,290
FILES CLOSED FOR INCOMPLETENESS2$171,7700$0
Choose year:  2009 2008 2007 2006 2005 2004 2003 1999

Detailed PMIC statistics for the following Tracts: 0903.01 , 0903.02, 0904.01

Conventional Home Purchase Loans

Conventional Home Purchase Loans - Value

Most common first names in zip code 55387 among deceased individuals
NameCountLived (average)
John3776.7 years
William3082.9 years
Anna2887.5 years
Mary2784.7 years
Joseph2378.0 years
Albert2384.3 years
George2181.0 years
Henry2183.4 years
Edward1979.5 years
Walter1879.2 years
Most common last names in zip code 55387 among deceased individuals
Last nameCountLived (average)
Hilk1883.6 years
Johnson1783.8 years
Wagener1684.1 years
Schmidt1581.2 years
Hartmann1478.8 years
Anderson1388.6 years
Lindner1379.0 years
Lobitz1286.3 years
Grimm1085.3 years
Steinhagen977.2 years
Businesses in zip code 55387
NameCountNameCount
Ace Hardware1McDonald's1
AmericInn1SAS Shoes1
FedEx1Starbucks1
Ford1Subway2
H&R Block1Target1
La-Z-Boy1UPS2
Lane Furniture2Walgreens1

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