Population 1,120 · Census ACS 2020–24
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Population and households in ZIP 54723
Household size in ZIP 54723
| Period | ZIP 54723 | Minneapolis area | Wisconsin | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.41 | 2.58 | 2.45 | 2.68 |
| 2010–14 | 2.42 | 2.61 | 2.47 | 2.73 |
| 2015–19 | 2.35 | 2.63 | 2.43 | 2.71 |
| 2020–24 | 2.36 | 2.58 | 2.40 | 2.65 |
| Change | −0.05 | −0.00 | −0.06 | −0.03 |
Households in ZIP 54723 are small: just 2.36 people on average, compared with 2.65 nationally. That is typical of places where many people live alone or as couples, and fewer have children at home.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in ZIP 54723
| Period | ZIP 54723 | Minneapolis area | Wisconsin | U.S. |
|---|---|---|---|---|
| 2006–10 | 38.7 | 36.8 | 38.8 | 37.7 |
| 2010–14 | 40.6 | 37.8 | 39.9 | 38.6 |
| 2015–19 | 45.1 | 38.6 | 40.9 | 39.6 |
| 2020–24 | 49.0 | 39.2 | 41.4 | 40.1 |
| Change | +10.3 | +2.5 | +2.6 | +2.3 |
With a median age of 49.0, ZIP 54723 is noticeably older than the country as a whole (40.1), an age mix that tilts toward empty nesters and retirees. The median age has climbed from 38.7 in 2006–10, but in a place this small, survey estimates can swing a lot from one release to the next.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in ZIP 54723
| Period | ZIP 54723 | Minneapolis area | Wisconsin | U.S. |
|---|---|---|---|---|
| 2006–10 | 7.0% | 10.2% | 10.4% | 12.3% |
| 2010–14 | 8.0% | 10.6% | 10.5% | 12.3% |
| 2015–19 | 6.6% | 9.9% | 10.0% | 11.6% |
| 2020–24 | 7.6% | 9.8% | 9.8% | 11.6% |
| Change | +0.6 pts | −0.4 pts | −0.6 pts | −0.6 pts |
Single parents head only 7.6% of households in ZIP 54723, well below the national share of 11.6%.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in ZIP 54723
Renters in ZIP 54723
| Period | ZIP 54723 | Minneapolis area | Wisconsin | U.S. |
|---|---|---|---|---|
| 2006–10 | 13.2% | 27.3% | 30.5% | 33.3% |
| 2010–14 | 16.2% | 29.6% | 32.3% | 35.6% |
| 2015–19 | 20.6% | 30.0% | 33.0% | 36.0% |
| 2020–24 | 11.0% | 29.3% | 32.2% | 34.8% |
| Change | −2.1 pts | +2.0 pts | +1.6 pts | +1.5 pts |
Only 11.0% of households in ZIP 54723 rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. More than four in ten owners (43.5%) have paid off their mortgages, above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in ZIP 54723
| Period | ZIP 54723 | Minneapolis area | Wisconsin | U.S. |
|---|---|---|---|---|
| 2006–10 | 8.4% | 7.0% | 10.5% | 11.4% |
| 2010–14 | 7.3% | 6.2% | 10.6% | 11.4% |
| 2015–19 | 8.2% | 5.5% | 10.1% | 11.1% |
| 2020–24 | 5.4% | 5.7% | 9.2% | 9.6% |
| Change | −3.0 pts | −1.3 pts | −1.3 pts | −1.8 pts |
Empty homes are scarce in ZIP 54723: just 5.4% sit vacant, compared with 9.6% nationally, a sign of a tight housing market. The Minneapolis area as a whole looks much the same.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in ZIP 54723
| Period | ZIP 54723 | Minneapolis area | Wisconsin | U.S. |
|---|---|---|---|---|
| 2006–10 | 1974 | 1975 | 1970 | 1974 |
| 2010–14 | 1970 | 1976 | 1971 | 1975 |
| 2015–19 | 1972 | 1977 | 1972 | 1977 |
| 2020–24 | 1976 | 1980 | 1974 | 1980 |
| Change | +2 | +4 | +5 | +6 |
Homes in ZIP 54723 are about the same age as the nation's housing: the median home was built in 1976, versus 1980 nationally.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in ZIP 54723
| Period | ZIP 54723 | Minneapolis area | Wisconsin | U.S. |
|---|---|---|---|---|
| 2006–10 | $603 | $1,007 | $758 | $965 |
| 2010–14 | $634 | $1,077 | $821 | $1,040 |
| 2015–19 | $814 | $1,258 | $904 | $1,213 |
| 2020–24 | $1,090 | $1,603 | $1,139 | $1,571 |
| Change | +$488 | +$597 | +$380 | +$606 |
Rent in ZIP 54723 runs $1,090 a month at the median, utilities included, well below the U.S. median of $1,571. The typical renter here spends 16.9% of household income on rent, comfortably under the 30% mark often used to define affordable rent, and a smaller share than renters pay nationally.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in ZIP 54723
Bachelor's degrees in ZIP 54723
| Period | ZIP 54723 | Minneapolis area | Wisconsin | U.S. |
|---|---|---|---|---|
| 2006–10 | 11.0% | 37.2% | 26.5% | 28.4% |
| 2010–14 | 14.9% | 39.1% | 28.0% | 29.6% |
| 2015–19 | 16.9% | 41.8% | 30.4% | 32.1% |
| 2020–24 | 17.6% | 45.4% | 33.6% | 35.6% |
| Change | +6.7 pts | +8.1 pts | +7.0 pts | +7.2 pts |
College degrees are relatively uncommon in ZIP 54723: 17.6% of adults 25 and older hold a bachelor's or higher, well below the national share of 35.6%.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in ZIP 54723
| Period | ZIP 54723 | Minneapolis area | Wisconsin | U.S. |
|---|---|---|---|---|
| 2006–10 | 89.5% | 92.4% | 89.5% | 84.9% |
| 2010–14 | 90.4% | 92.9% | 90.7% | 86.1% |
| 2015–19 | 94.2% | 93.5% | 92.1% | 87.7% |
| 2020–24 | 93.3% | 94.0% | 93.3% | 89.3% |
| Change | +3.8 pts | +1.6 pts | +3.8 pts | +4.3 pts |
High school completion in ZIP 54723 is above the national rate: 93.3% of adults have a diploma, against 89.3%. The picture is much the same across the Minneapolis area.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in ZIP 54723
| Period | ZIP 54723 | Minneapolis area | Wisconsin | U.S. |
|---|---|---|---|---|
| 2006–10 | 4.9% | 6.7% | 6.7% | 8.1% |
| 2010–14 | 4.7% | 6.8% | 7.3% | 9.4% |
| 2015–19 | 2.1% | 3.6% | 3.7% | 5.6% |
| 2020–24 | 1.8% | 4.0% | 3.3% | 5.4% |
| Change | −3.1 pts | −2.7 pts | −3.4 pts | −2.7 pts |
Unemployment in ZIP 54723 has been low: just 1.8% of the labor force was out of work and looking, well below the national rate of 5.4%. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
ZIP 54723 compared with nearby ZIP codes
| ZIP code | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| ZIP 54723 | 2.36 | 49.0 | 7.6% | 11.0% | 5.4% | 1976 | $1,090 | 17.6% | 93.3% | 1.8% |
| ZIP 54014 | 2.55 | 50.3 | 7.4% | 13.3% | 5.8% | 1979 | $1,130 | 26.4% | 94.6% | 2.6% |
| ZIP 55066 | 2.29 | 42.7 | 9.5% | 25.4% | 5.6% | 1970 | $1,051 | 26.0% | 91.1% | 5.0% |
| ZIP 54750 | 2.38 | 43.8 | 4.5% | 9.5% | 14.5% | 1967 | $996 | 24.3% | 95.8% | 1.9% |
| ZIP 55026 | 2.46 | 53.2 | 6.3% | 8.8% | 20.4% | 1976 | $1,279 | 31.4% | 98.5% | 4.4% |
| ZIP 54011 | 2.74 | 40.2 | 7.9% | 22.2% | 7.6% | 1973 | $1,044 | 27.2% | 94.9% | 2.0% |
| ZIP 54003 | 2.56 | 43.9 | 5.5% | 12.2% | 6.2% | 1979 | $1,017 | 31.0% | 94.6% | 1.7% |
| ZIP 54769 | 2.27 | 58.1 | 4.1% | 10.3% | 35.5% | 1975 | $886 | 37.9% | 95.9% | 4.5% |
| ZIP 54761 | 2.49 | 41.9 | 5.5% | 22.7% | 5.9% | 1959 | $807 | 19.7% | 94.8% | 4.3% |
| ZIP 55089 | 2.64 | 43.7 | 7.9% | 15.4% | 5.2% | 1975 | $1,358 | 26.6% | 93.3% | 3.2% |
| ZIP 54740 | 2.46 | 46.6 | 7.8% | 19.6% | 9.8% | 1965 | $894 | 22.5% | 95.8% | 2.4% |
All figures 2020–24.
Zip codes with similar populations: 01063, MA · 03218, NH · 03466, NH · 04932, ME · 05065, VT · 06755, CT · 63441, MO · 55929, MN · 56279, MN · 57355, SD
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up ZIP 54723. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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