| ZIP Code | 55331 |
|---|---|
| City | Excelsior |
| State | Minnesota (MN) |
| County | Hennepin County |
| Area Code | 763/952 |
| Elevation | 931 ft |
| Latitude | 44.901254 |
|---|---|
| Longitude | -93.609953 |
| Timezone | Chicago (DST) |
| FIPS | 27053 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 48.8 yrs ↑ 4% since 2019 |
|---|---|
| Avg Household Size | 2.54 |
| Below Poverty | 3.8% ▼ 62% below avg |
| College Grads | 75.8% ▲ 96% above avg |
| Unemployment | 3.3% ▼ 33% below avg |
| HS Graduate | 1,354 (10%) |
| Some College | 695 (5.1%) |
| Associates | 1,234 (9.1%) |
| Bachelors | 669 (4.9%) |
| Graduate Degree | 9,596 (70.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $160,029 ▲ 110% above avg ↑ 16% since 2019 |
|---|---|
| Median Home Value | $707,000 ▲ 154% above avg ↑ 28% since 2019 |
| Home/Income Ratio | 4.4x (nat avg ~3.5x) |
| Median Rent | $1,208/mo ↑ 13% since 2019 |
| Total Units | 8,275 |
| Vacant Units | 718 |
| Avg HH Size | 2.54 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 8,275 |
|---|---|
| Vacant | 718 |
| Owner Occupied | 87.1% |
| Renter Occupied | 12.9% |
| Avg HH Size | 2.54 |
ZIP code 55331 is located in Excelsior, Minnesota, within Hennepin County. With a population of 19,291, this is a moderately populated ZIP code with a mature community — the median age is 48.8 years. Economically, 55331 is a affluent ZIP code: the median household income of $160,029 is more than double the national average.
Real estate in ZIP code 55331 represents a premium housing market. The median home value of $707,000 is more than double the national average. Renters can expect to pay around $1,208 per month in median rent. Homeownership is strong here — 87.1% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 28% since 2019.
The population of 55331 is primarily White (91.03%). Residents are highly educated — 75.8% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 3.8%. Household income has grown by 16% since 2019.
The unemployment rate in 55331 stands at 3.3%, which is below the national average. A notably high share of workers — 33% — work from home, reflecting the professional makeup of the area. As in most parts of the country, driving alone is the dominant commute mode at 61%.
Overall, ZIP code 55331 in Excelsior, MN is characterized as affluent, highly educated, a mature community, and predominantly owner-occupied. With 19,291 residents, a median household income of $160,029, and a median home value of $707,000, it offers a clear picture of life in this part of Minnesota.