55427 Zip Code Detailed Profile




Cities: Golden Valley, MN (52.08%), New Hope, MN (28.77%), Crystal, MN (19.15%)
County: Hennepin County, MN
Estimated zip code population in 2013: 22,835
Zip code population in 2010: 22,919
Zip code population in 2000: 23,441

Houses and condos: 10,038
Renter-occupied apartments: 2,928
% of renters here:

30%
State:

28%
Mar. 2013 cost of living index in zip code 55427: 113.0 (more than average, U.S. average is 100)

Land area: 7.2 sq. mi.
Water area: 0.1 sq. mi.
Population density: 3,174 people per square mile 
 
 (average).

Age and Sex of Residents in zip code 55427
Zip code 55427 (Golden Valley, Minnesota) real estate house value trends
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Real estate property taxes paid for housing units in 2013:
This zip code:

1.4% ($3,010)
Minnesota:

1.2% ($2,148)
Median real estate property taxes paid for housing units with mortgages in 2013: $3,024 (1.4%)
Median real estate property taxes paid for housing units with no mortgage in 2013: $2,975 (1.5%)

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Males: 11,202  (49.1%)
Females: 11,633  (50.9%)

For population 25 years and over in 55427:

For population 15 years and over in 55427:

Zip code 55427 compared to state average:

  • Black race population percentage above state average.
  • Races in zip code 55427

  • Zip code 55427 races chart
    • 18,190White population
    • 2,215Black population
    • 78American Indian population
    • 850Asian population
    • 4Native Hawaiian and Other Pacific Islander population
    • 44Some other race population
    • 598Two or more races population
    • 940Hispanic or Latino population

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55427, MN forum
Recent posts about zip code 55427 area on our local forum with over 1,800,000 registered users:
Living in Golden Valley (or elsewhere) with kids  (45 replies)
Hair Salon  (10 replies)
Asian Hairtyle  (2 replies)
100% urban population.

Estimated median house/condo value in 2013: $209,500
55427:

$209,500
Minnesota:

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

40.5 years
Minnesota median age:

37.7 years
Average household size:
This zip code:

2.3 people
Minnesota:

2.5 people

Averages for the 2012 tax year for zip code 55427, filed in 2013:

Average Adjusted Gross Income (AGI) in 2012: $61,776 (Individual Income Tax Returns)
Here:

$61,776
State:

$67,192

Salary/wage: $55,837 (reported on 83.3% of returns)
Here:

$55,837
State:

$55,182
(% of AGI for various income ranges: 71.4% for AGIs below $25k, 80.5% for AGIs $25k-50k, 78.5% for AGIs $50k-75k, 75.6% for AGIs $75k-100k, 79.6% for AGIs $100k-200k, 60.9% for AGIs over 200k)

Taxable interest for individuals: $1,239 (reported on 38.7% of returns)
This zip code:

$1,239
Minnesota:

$1,664
(% of AGI for various income ranges: 1.4% for AGIs below $25k, 0.8% for AGIs $25k-50k, 0.6% for AGIs $50k-75k, 0.6% for AGIs $75k-100k, 0.5% for AGIs $100k-200k, 1.5% for AGIs over 200k)

Ordinary dividends: $4,096 (reported on 27.2% of returns)
Here:

$4,096
State:

$5,665
(% of AGI for various income ranges: 2.8% for AGIs below $25k, 1.1% for AGIs $25k-50k, 1.2% for AGIs $50k-75k, 1.2% for AGIs $75k-100k, 1.5% for AGIs $100k-200k, 3.8% for AGIs over 200k)

Net capital gain/loss in AGI: +$8,073 (reported on 21.3% of returns)
Here:

+$8,073
State:

+$16,131
(% of AGI for various income ranges: 0.2% for AGIs $25k-50k, 0.3% for AGIs $50k-75k, 0.9% for AGIs $75k-100k, 1.4% for AGIs $100k-200k, 12.8% for AGIs over 200k)

Profit/loss from business: +$12,310 (reported on 13.8% of returns)
Here:

+$12,310
State:

+$12,430
(% of AGI for various income ranges: 5.4% for AGIs below $25k, 2.9% for AGIs $25k-50k, 2.5% for AGIs $50k-75k, 2.6% for AGIs $75k-100k, 2.6% for AGIs $100k-200k, 2.3% for AGIs over 200k)

Taxable individual retirement arrangement distribution: $15,677 (reported on 14.3% of returns)
55427:

$15,677
Minnesota:

$15,212
(% of AGI for various income ranges: 6.4% for AGIs below $25k, 3.5% for AGIs $25k-50k, 3.3% for AGIs $50k-75k, 3.7% for AGIs $75k-100k, 3.5% for AGIs $100k-200k, 3.3% for AGIs over 200k)

Self-employment retirement plans: $16,212 (reported on 0.6% of returns)
55427:

$16,212
Minnesota:

$17,874

Total itemized deductions: $20,493 (20% of AGI, reported on 43.7% of returns)
Here:

$20,493
State:

$24,665

Here:

20.3% of AGI
State:

19.6% of AGI
(% of AGI for various income ranges: 13.7% for AGIs below $25k, 10.2% for AGIs $25k-50k, 15.1% for AGIs $50k-75k, 16.1% for AGIs $75k-100k, 16.5% for AGIs $100k-200k, 12.7% for AGIs over 200k)

Charity contributions: $3,240 (reported on 37.5% of returns)
Here:

$3,240
State:

$3,948
(% of AGI for various income ranges: 1.5% for AGIs below $25k, 1.1% for AGIs $25k-50k, 1.7% for AGIs $50k-75k, 1.9% for AGIs $75k-100k, 2.4% for AGIs $100k-200k, 2.5% for AGIs over 200k)

Taxes paid: $8,733 (reported on 43.7% of returns)
55427:

$8,733
State:

$10,589
(% of AGI for various income ranges: 3.2% for AGIs below $25k, 2.9% for AGIs $25k-50k, 5.6% for AGIs $50k-75k, 6.6% for AGIs $75k-100k, 7.7% for AGIs $100k-200k, 7.5% for AGIs over 200k)

Earned income credit: $1,834 (reported on 11.2% of returns)
Here:

$1,834
State:

$2,037
(% of AGI for various income ranges: 4.0% for AGIs below $25k, 0.7% for AGIs $25k-50k)

Averages for the 2004 tax year for zip code 55427, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $51,237 (Individual Income Tax Returns)
Here:

$51,237
State:

$53,560

Salary/wage: $46,392 (reported on 85.3% of returns)
Here:

$46,392
State:

$46,177
(% of AGI for various income ranges: 106.1% for AGIs below $10k, 72.1% for AGIs $10k-25k, 81.1% for AGIs $25k-50k, 80.3% for AGIs $50k-75k, 81.8% for AGIs $75k-100k, 70.5% for AGIs over 100k)

Taxable interest for individuals: $1,504 (reported on 49.3% of returns)
This zip code:

$1,504
Minnesota:

$1,796
(% of AGI for various income ranges: 6.8% for AGIs below $10k, 2.7% for AGIs $10k-25k, 1.4% for AGIs $25k-50k, 0.9% for AGIs $50k-75k, 0.8% for AGIs $75k-100k, 1.8% for AGIs over 100k)

Taxable dividends: $2,235 (reported on 33.9% of returns)
Here:

$2,235
State:

$3,096
(% of AGI for various income ranges: 5.3% for AGIs below $10k, 2.3% for AGIs $10k-25k, 1.2% for AGIs $25k-50k, 1.0% for AGIs $50k-75k, 1.0% for AGIs $75k-100k, 1.9% for AGIs over 100k)

Net capital gain/loss: +$4,518 (reported on 26.1% of returns)
Here:

+$4,518
State:

+$10,864
(% of AGI for various income ranges: -1.3% for AGIs below $10k, -0.8% for AGIs $10k-25k, 0.5% for AGIs $25k-50k, 0.6% for AGIs $50k-75k, 1.2% for AGIs $75k-100k, 5.6% for AGIs over 100k)

Profit/loss from business: +$10,076 (reported on 14.2% of returns)
Here:

+$10,076
State:

+$10,442
(% of AGI for various income ranges: 3.7% for AGIs below $10k, 3.9% for AGIs $10k-25k, 2.8% for AGIs $25k-50k, 2.2% for AGIs $50k-75k, 3.1% for AGIs $75k-100k, 2.7% for AGIs over 100k)

IRA payment deduction: $2,861 (reported on 2.8% of returns)
55427:

$2,861
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, 0.1% for AGIs over 100k)

Self-employed pension: $11,409 (reported on 1.2% of returns)
Here:

$11,409
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, 0.5% for AGIs over 100k)

Total itemized deductions: $17,816 (23% of AGI, reported on 48.7% of returns)
Here:

$17,816
State:

$20,035

Here:

22.6% of AGI
State:

21.3% of AGI
(% of AGI for various income ranges: 17.0% for AGIs below $10k, 14.5% for AGIs $10k-25k, 14.7% for AGIs $25k-50k, 19.1% for AGIs $50k-75k, 18.9% for AGIs $75k-100k, 16.3% for AGIs over 100k)

Charity contributions deductions: $2,964 (4% of AGI, reported on 45.1% of returns)
Here:

$2,964
State:

$3,333

Here:

3.7% of AGI
State:

3.4% of AGI
(% of AGI for various income ranges: 1.4% for AGIs below $10k, 1.7% for AGIs $10k-25k, 2.0% for AGIs $25k-50k, 2.5% for AGIs $50k-75k, 2.6% for AGIs $75k-100k, 3.3% for AGIs over 100k)

Total tax: $7,049 (reported on 82.4% of returns)
55427:

$7,049
State:

$8,485
(% of AGI for various income ranges: 2.8% for AGIs below $10k, 4.4% for AGIs $10k-25k, 7.9% for AGIs $25k-50k, 9.4% for AGIs $50k-75k, 10.3% for AGIs $75k-100k, 16.6% for AGIs over 100k)

Earned income credit: $1,394 (reported on 7.8% of returns)
Here:

$1,394
State:

$1,523

Percentage of individuals using paid preparers for their 2004 taxes: 51.4%
Here:

51%
State:

59%
(% for various income ranges: 46.1% for AGIs below $10k, 51.9% for AGIs $10k-25k, 50.0% for AGIs $25k-50k, 52.8% for AGIs $50k-75k, 53.8% for AGIs $75k-100k, 57.6% for AGIs over 100k)

Estimated median household income in 2013:
This zip code:

$64,314
Minnesota:

$60,702
Golden Valley, MN (55427) map Nearest zip codes: 55422, 55441, 55426, 55428, 55442, 55305.
Percentage of family households:
This zip code:

45.7%
Minnesota:

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

8.1%
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: 791
Household did not receive Food Stamps/SNAP in the past 12 months: 8,857


Women who had a birth in the past 12 months: 371 (237 now married, 134 unmarried)
Women who did not have a birth in the past 12 months: 5,077 (2,153 now married, 2,924 unmarried)


Housing units in zip code 55427 with a mortgage: 4,778 (373 second mortgage, 814 home equity loan, 58 both second mortgage and home equity loan)
Houses without a mortgage: 1,942

Median monthly owner costs for units with a mortgage: $1,678
Median monthly owner costs for units without a mortgage: S541

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

10.7%
Whole state:

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

5.1%
Whole state:

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

7.2
State:

7.0
Median number of rooms in apartments:
Here:

3.8
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 55427: Golden Valley Country Club (A), Golden Valley Fire Department Station 1 (B), West Metro Fire and Rescue District Station 2 (C), Rockford Road Library (D), Golden Valley City Hall (E), Crystal City Office Building (F), Crystal City Hall (G), All Star Sports Center (H). Display/hide their locations on the map

    Shopping Centers: Golden Valley Commons Shopping Center (1), Golden Valley Shopping Center (2), Midland Shopping Center (3), New Hope City Center Shopping Center (4), Post Haste Square Shopping Center (5), Valley Plaza Center Shopping Center (6), Winnetka Commons Shopping Center (7). Display/hide their locations on the map

    Churches in zip code 55427 include: Spirit of Hope United Methodist Church (A), Saint Josephs Parish Community of Plymouth New Hope (B), Russell Avenue Church of the Nazarene (C), Olivet Baptist Church (D), Calvary Lutheran Church of Golden Valley (E), Hope Chapel of the Christian Missionary Alliance (F), Holy Nativity Lutheran Church (G), Emmaus Baptist Church (H), Eckankar Church (I). Display/hide their locations on the map

    Cemeteries: Beth-el Cemetery (1), Golden Valley Cemetery (2), Gethsemane Cemetery (3), Herzl Cemetery (4). Display/hide their locations on the map

    Parks in zip code 55427 include: Florida Park (1), Lions Club Park (2), Medley Hills Park (3), Northwood Park (4), Wesley Park (5), Lakeview Heights Park (6), Golden Oaks Park (7), Wildwood Park (8), Hampshire Park (9). Display/hide their locations on the map

    Tourist attractions (not listed on the city page) : Dan Demuth's Better Golf (Amusement & Theme Parks; 825 Boone Avenue North), Bianchi-Rossi Travel (Tours & Charters; 7575 Golden Valley Road Suite 350).

Year house built

  • 02010 or later
  • 4322000 to 2009
  • 2401990 to 1999
  • 8551980 to 1989
  • 2,1801970 to 1979
  • 3,8071960 to 1969
  • 1,9611950 to 1959
  • 3201940 to 1949
  • 2431939 or earlier

Zip code 55427 satellite photo by USGS

Owner-occupied Renter-occupied

Bedrooms in owner-occupied houses and condos in Golden Valley, MN (55427)

  • 0no bedroom
  • 1221 bedroom
  • 9052 bedrooms
  • 3,6483 bedrooms
  • 1,7304 bedrooms
  • 3155+ bedrooms

Bedrooms in renter-occupied apartments in Golden Valley, MN (55427)

  • 41no bedroom
  • 1,1651 bedroom
  • 1,1082 bedrooms
  • 4543 bedrooms
  • 1434 bedrooms
  • 175+ bedrooms
Owner-occupied Renter-occupied

Cars and other vehicles available in Golden Valley, MN (55427) in owner-occupied houses/condos

  • 156no vehicle
  • 1,8821 vehicle
  • 3,3062 vehicles
  • 1,0443 vehicles
  • 3324 vehicles
  • 05+ vehicles

Cars and other vehicles available in Golden Valley, MN (55427) in renter-occupied apartments

  • 423no vehicle
  • 1,4681 vehicle
  • 9272 vehicles
  • 493 vehicles
  • 614 vehicles
  • 05+ vehicles

Median gross rent in 2013: $890.


Median price asked for vacant for-sale houses and condos in 2013: $245,078.

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


Estimated median house or condo value in 2013: $209,500
55427:

$209,500
Minnesota:

$180,100
Lower value quartile - upper value quartile: $170,800 - $258,700

Owners and renters by unit type in %

Breakdown of mean house values by ages of householders

Housing units in structures:


Unemployment: 6.4%

Percentage of zip code residents living and working in this county: 86.2%

Household type by relationship:

Households: 22,476

Size of family households: 2,707 2-persons, 1,408 3-persons, 1,198 4-persons, 354 5-persons, 103 6-persons, 98 7-or-more-persons

Size of nonfamily households: 3,023 1-person, 722 2-persons, 35 3-persons

3,321 married couples with children.
1,441 single-parent households (423 men, 1,018 women).

86.6% of residents of 55427 zip code speak English at home.
2.9% of residents speak Spanish at home (71% very well, 7% well, 19% not well, 2% not at all).
3.1% of residents speak other Indo-European language at home (64% very well, 14% well, 22% not well).
2.8% of residents speak Asian or Pacific Island language at home (57% very well, 22% well, 17% not well, 4% not at all).
4.7% of residents speak other language at home (62% very well, 22% well, 13% not well, 3% not at all).

Foreign born population: 2,238 (9.8%)
(55.0% of them are naturalized citizens)
This zip code:

9.8%
Whole state:

7.4%

Most common places of birth for the foreign-born residents

  • 13%Other Eastern Africa
  • 10%Liberia
  • 9%Mexico
  • 8%Belarus
  • 8%Vietnam
  • 6%Kenya
  • 4%Korea

Most common first ancestries reported in 55427 (%)

  • 19%German
  • 19%Other groups
  • 10%Norwegian
  • 5%Irish
  • 5%Swedish
  • 3%English
  • 3%African

Year of entry for the foreign-born population

  • 1582010 or later
  • 9722000 to 2009
  • 6051990 to 1999
  • 680Before 1990

Public primary/middle schools in zip code 55427 not listed on the city page:

  • SHARED TIME (Students: 2; Location: 4148 WINNETKA AVE. N., NEW HOPE, MN; Grades: KG - 05)
  • NORTH MEMORIAL MEDICAL CNTR. (Location: 4148 WINNETKA AVE. N., NEW HOPE, MN; Grades: 00 - 00)
  • NEW PIONEER HOUSE/HAZELDEN (Location: 4148 WINNETKA AVE. N., NEW HOPE, MN; Grades: 00 - 00)
  • 281 SONNESYN EL TS (Location: 3421 BOONE AVE. N., NEW HOPE, MN; Grades: 00 - 00)
  • 281 SUNNY HOLLOW EL TS (Location: 8808 MEDICINE LAKE RD., NEW HOPE, MN; Grades: 00 - 00)
  • 281 COOPER TRANSITION ALC (Location: 8230 47TH AVE. N., NEW HOPE, MN; Grades: 00 - 00)
  • 281 ABC ALC (Location: 8230 47TH AVE. N., NEW HOPE, MN; Grades: 00 - 00)
  • RIVERSIDE MEDICAL (Location: 4148 WINNETKA AVE. N., NEW HOPE, MN; Grades: 00 - 00)
  • MIDDLE SCHOOL CONNECTIONS ALC 281 (Location: 7601 42ND AVE. N., NEW HOPE, MN; Grades: 00 - 00)
There are 154 Medical Specialists in Zip Code 55427.

Major facilities with environmental interests located in this zip code:


Zip code 55427 marital status for males
Zip code 55427 marital status for females

Housing units lacking complete plumbing facilities: 0.5%
Housing units lacking complete kitchen facilities: 0.2%

Most commonly used house heating fuel

  • 82%Utility gas
  • 14%Electricity
  • 2%Bottled, tank, or LP gas
  • 1%Other fuel

Population in 1990: 24,406. Population change in the 1990s: -965 (-4.0%).

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


61% of the 55427 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 63% lived in this county.
   Out of people who lived in different counties, 50% lived in Minnesota.

90% of the 55427 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 70% moved from this county.
   Out of people who lived in different houses, 9% moved from different county within same state.
   Out of people who lived in different houses, 16% 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): 265
Here:

10.7%
Minnesota:

11.3%
Students in private schools in grades 9 to 12 (high school): 26
Here:

2.1%
Minnesota:

8.3%
Students in private undergraduate colleges: 170
Here:

21.3%
Minnesota:

23.1%

Educational Attainment (%)

School Enrollment by Level of School (%)

Class of Workers (%)

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

  • 86,384Law enforcement workers including supervisors
  • 81,438Computer and mathematical occupations
  • 72,969Architecture and engineering occupations
  • 71,667Legal occupations
  • 64,423Management occupations
  • 61,500Arts, design, entertainment, sports, and media 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:

  • 244 people in nursing facilities/skilled-nursing facilities
  • 124 people in group homes intended for adults
  • 8 people in residential treatment centers for adults

People in group quarters in 2000:

  • 246 people in nursing homes
  • 159 people in homes for the mentally retarded
  • 32 people in homes for the mentally ill
  • 32 people in other noninstitutional group quarters
  • 5 people in other group homes
  • 4 people in homes for the physically handicapped
Home Mortgage Disclosure Act Aggregated Statistics For Year 2009
(Based on 6 full and 10 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 ORIGINATED327$183,478190$162,3441,120$173,93157$79,6844$496,65051$140,942
APPLICATIONS APPROVED, NOT ACCEPTED11$154,26611$184,294101$179,4067$84,6460$03$174,007
APPLICATIONS DENIED16$159,55430$165,637299$186,40836$48,5110$06$96,512
APPLICATIONS WITHDRAWN29$192,28021$150,191190$180,92911$120,6020$010$106,370
FILES CLOSED FOR INCOMPLETENESS6$175,9871$75,99063$168,5246$59,6180$02$187,550
Private Mortgage Insurance Companies Aggregated Statistics For Year 2009
(Based on 6 full and 10 partial tracts)
A) Conventional
Home Purchase Loans
B) Refinancings
NumberAverage ValueNumberAverage Value
LOANS ORIGINATED56$195,70534$213,733
APPLICATIONS APPROVED, NOT ACCEPTED7$222,56719$195,856
APPLICATIONS DENIED12$179,3508$235,715
APPLICATIONS WITHDRAWN1$214,9201$400,800
FILES CLOSED FOR INCOMPLETENESS0$00$0

Conventional Home Purchase Loans

Conventional Home Purchase Loans - Value

Most common first names in zip code 55427 among deceased individuals
NameCountLived (average)
John12175.9 years
Robert10071.0 years
Mary8279.8 years
William8178.2 years
Helen7180.4 years
George6777.2 years
Donald6172.3 years
Ruth5484.3 years
Dorothy5180.4 years
Anna5085.2 years
Most common last names in zip code 55427 among deceased individuals
Last nameCountLived (average)
Johnson12477.3 years
Anderson8379.7 years
Olson5979.5 years
Nelson5880.9 years
Peterson4075.6 years
Carlson3479.0 years
Larson3082.8 years
Hanson2876.0 years
Smith2677.4 years
Miller2381.2 years
Businesses in zip code 55427
NameCountNameCount
Ace Hardware2McDonald's2
AutoZone1New Balance1
Caribou Coffee1RadioShack1
Chipotle1Red Lobster1
Dairy Queen2Starbucks1
Domino's Pizza1Subway1
FedEx3T-Mobile2
H&R Block2UPS3
KFC1Wendy's1
MasterBrand Cabinets5YMCA1

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