Population 20,772 · Census ACS 2020–24
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Population and households in ZIP 55345
Household size in ZIP 55345
| Period | ZIP 55345 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.54 | 2.58 | 2.52 | 2.68 |
| 2010–14 | 2.49 | 2.61 | 2.54 | 2.73 |
| 2015–19 | 2.51 | 2.63 | 2.55 | 2.71 |
| 2020–24 | 2.50 | 2.58 | 2.52 | 2.65 |
| Change | −0.04 | −0.00 | +0.00 | −0.03 |
The average household in ZIP 55345 has 2.50 people, a bit under the U.S. average of 2.65. Since 2006–10, household size has edged down from 2.54, mirroring the country. Households are largest in the northwest and smallest in the southeast.
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 55345
| Period | ZIP 55345 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 44.2 | 36.8 | 37.9 | 37.7 |
| 2010–14 | 45.9 | 37.8 | 38.9 | 38.6 |
| 2015–19 | 45.0 | 38.6 | 39.6 | 39.6 |
| 2020–24 | 45.9 | 39.2 | 40.0 | 40.1 |
| Change | +1.7 | +2.5 | +2.1 | +2.3 |
ZIP 55345 skews older: half of its residents are older than 45.9, well above the national median of 40.1. That usually means more empty nesters and retirees, and fewer young families. Since 2006–10, the median age has climbed from 44.2, in line with the national trend. Of the 257 Minnesota ZIP codes with 5,000+ people, only 24 are older.
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 55345
| Period | ZIP 55345 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 6.6% | 10.2% | 9.9% | 12.3% |
| 2010–14 | 5.6% | 10.6% | 10.2% | 12.3% |
| 2015–19 | 7.1% | 9.9% | 9.7% | 11.6% |
| 2020–24 | 7.3% | 9.8% | 9.6% | 11.6% |
| Change | +0.7 pts | −0.4 pts | −0.3 pts | −0.6 pts |
Single-parent households are relatively rare in ZIP 55345: 7.3% of households, against 11.6% nationally. The single-parent share is up 0.7 points from 2006–10, even as the national share fell.
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 55345
Renters in ZIP 55345
| Period | ZIP 55345 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 15.8% | 27.3% | 25.8% | 33.3% |
| 2010–14 | 17.6% | 29.6% | 27.9% | 35.6% |
| 2015–19 | 19.5% | 30.0% | 28.4% | 36.0% |
| 2020–24 | 14.5% | 29.3% | 27.8% | 34.8% |
| Change | −1.2 pts | +2.0 pts | +2.0 pts | +1.5 pts |
ZIP 55345 is overwhelmingly a place of homeowners: only 14.5% of households rent, far below the national share of 34.8%. Owner-heavy areas like this tend to see less turnover. About three in ten owners (30.4%) have paid off their mortgages, below the national share of 39.8%. Since 2006–10, the renter share has edged down 1.2 points, even as the national share rose.
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 55345
| Period | ZIP 55345 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 4.2% | 7.0% | 9.2% | 11.4% |
| 2010–14 | 3.7% | 6.2% | 9.0% | 11.4% |
| 2015–19 | 3.6% | 5.5% | 8.7% | 11.1% |
| 2020–24 | 4.8% | 5.7% | 8.3% | 9.6% |
| Change | +0.6 pts | −1.3 pts | −0.9 pts | −1.8 pts |
Empty homes are scarce in ZIP 55345: just 4.8% sit vacant, compared with 9.6% nationally, a sign of a tight housing market. The picture is much the same across the Minneapolis area. Vacancy has edged up 0.6 points since 2006–10, even as the national rate fell.
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 55345
| Period | ZIP 55345 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 1971 | 1975 | 1973 | 1974 |
| 2010–14 | 1971 | 1976 | 1974 | 1975 |
| 2015–19 | 1972 | 1977 | 1975 | 1977 |
| 2020–24 | 1971 | 1980 | 1978 | 1980 |
| Change | +1 | +4 | +5 | +6 |
The housing in ZIP 55345 is old by national standards: the median home dates to 1971, against 1980 for the U.S., so buyers will find more older houses, some of them due for updates. The newest homes are mostly in the southwest, the oldest in the northeast.
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 55345
| Period | ZIP 55345 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | $1,082 | $1,007 | $882 | $965 |
| 2010–14 | $1,225 | $1,077 | $953 | $1,040 |
| 2015–19 | $1,504 | $1,258 | $1,099 | $1,213 |
| 2020–24 | $1,574 | $1,603 | $1,404 | $1,571 |
| Change | +$492 | +$597 | +$522 | +$606 |
A typical rental in ZIP 55345 costs $1,574 a month with utilities, close to the national median of $1,571. Rents are up $492 a month from 2006–10, a 46% rise, a slower climb than the nation's. Rent takes 34.0% of the typical renter's income, well over the 30% mark often used to define affordable rent, so many renters here are stretched. Rents run highest in the west and lowest in the northeast.
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 55345
Bachelor's degrees in ZIP 55345
| Period | ZIP 55345 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 52.8% | 37.2% | 32.1% | 28.4% |
| 2010–14 | 56.2% | 39.1% | 33.7% | 29.6% |
| 2015–19 | 60.8% | 41.8% | 36.2% | 32.1% |
| 2020–24 | 65.6% | 45.4% | 39.6% | 35.6% |
| Change | +12.8 pts | +8.1 pts | +7.4 pts | +7.2 pts |
College graduates are unusually common in ZIP 55345: 65.6% of adults 25 and older have a bachelor's degree or higher, against 35.6% nationally. Education tends to track local incomes and the kinds of jobs nearby. The share with a degree is up 12.8 points from 2006–10, as it has nationally. Of the 257 Minnesota ZIP codes with 5,000+ people, only 18 have a higher share of college graduates.
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 55345
| Period | ZIP 55345 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 97.6% | 92.4% | 91.4% | 84.9% |
| 2010–14 | 97.2% | 92.9% | 92.2% | 86.1% |
| 2015–19 | 97.7% | 93.5% | 93.0% | 87.7% |
| 2020–24 | 97.6% | 94.0% | 93.7% | 89.3% |
| Change | +0.0 pts | +1.6 pts | +2.3 pts | +4.3 pts |
Finishing high school is nearly universal in ZIP 55345: 97.6% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%. ZIP 55345 has a higher share of high school graduates than the great majority of Minnesota ZIP codes.
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 55345
| Period | ZIP 55345 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 3.8% | 6.7% | 6.5% | 8.1% |
| 2010–14 | 5.1% | 6.8% | 6.5% | 9.4% |
| 2015–19 | 2.8% | 3.6% | 3.7% | 5.6% |
| 2020–24 | 2.5% | 4.0% | 4.1% | 5.4% |
| Change | −1.3 pts | −2.7 pts | −2.4 pts | −2.7 pts |
The job market in ZIP 55345 has been strong: just 2.5% of the labor force was out of work and looking, well below the national rate of 5.4%. Unemployment is down 1.3 points from 2006–10, as it has nationally. 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 55345 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 55345 | 2.50 | 45.9 | 7.3% | 14.5% | 4.8% | 1971 | $1,574 | 65.6% | 97.6% | 2.5% |
| ZIP 55346 | 2.85 | 42.2 | 6.8% | 15.7% | 3.7% | 1983 | $1,838 | 63.3% | 97.4% | 4.6% |
| ZIP 55391 | 2.44 | 49.4 | 5.5% | 21.3% | 11.6% | 1980 | $1,883 | 73.7% | 98.9% | 2.7% |
| ZIP 55343 | 1.99 | 40.7 | 10.4% | 53.4% | 7.1% | 1973 | $1,592 | 51.8% | 96.3% | 5.1% |
| ZIP 55305 | 2.16 | 43.0 | 6.1% | 40.8% | 7.6% | 1977 | $1,995 | 63.2% | 97.2% | 3.4% |
| ZIP 55344 | 1.95 | 39.4 | 8.2% | 55.7% | 5.9% | 1991 | $1,757 | 59.4% | 94.8% | 4.0% |
| ZIP 55317 | 2.68 | 42.8 | 6.3% | 18.4% | 5.7% | 1994 | $1,848 | 64.6% | 97.8% | 3.0% |
| ZIP 55331 | 2.55 | 48.7 | 5.9% | 14.5% | 7.5% | 1985 | $1,559 | 70.5% | 99.1% | 3.8% |
| ZIP 55436 | 2.52 | 48.1 | 4.9% | 23.9% | 4.3% | 1972 | $2,349 | 72.2% | 98.3% | 2.1% |
| ZIP 55347 | 2.61 | 44.0 | 6.5% | 10.0% | 4.1% | 1991 | $2,135 | 67.3% | 96.9% | 2.6% |
| ZIP 55426 | 2.15 | 39.1 | 7.0% | 35.5% | 6.6% | 1964 | $1,687 | 58.4% | 96.2% | 3.2% |
All figures 2020–24.
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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 55345. 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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