US ZIP Code
55341

Hanover, MN

Wright County  ·  Minnesota

● Active
👥 3,454 Population ↑ 7% since 2019
💰 $147,903 Median HH Income
▲ 94% above avg ↑ 42% since 2019
🎂 37.5 Median Age ↑ 9% since 2019
🏠 $421,500 Median Home Value
▲ 51% above avg ↑ 42% since 2019
🎓 61.9% College Grads
▲ 60% above avg
📊 1.3% Unemployment
▼ 74% below avg ↑ 12% since 2019
ZIP Code Details
ZIP Code55341
CityHanover
StateMinnesota (MN)
CountyWright County
Area Code763
Elevation897 ft
Latitude45.157755
Longitude-93.66275
TimezoneChicago (DST)
FIPS27171
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 48.8% (1,686) Female 51.2% (1,768) ♀

Race & Ethnicity

White: 90.7%Hispanic: 0.8%Black: 0%Asian: 2.6%Other: 3.8%Race
White90.7%
Hispanic0.8%
Black0.0%
Asian2.6%
Other3.8%

Age Breakdown

Under 5
8%
5–17
24%
18–24
6%
25–44
25%
45–64
28%
65+
5%

Key Indicators

Median Age37.5 yrs ↑ 9% since 2019
Avg Household Size2.99
Below Poverty2.2% ▼ 78% below avg
College Grads61.9% ▲ 60% above avg
Unemployment1.3% ▼ 74% below avg
HS Graduate332 (15.7%)
Some College177 (8.4%)
Associates296 (14%)
Bachelors305 (14.5%)
Graduate Degree1,000 (47.4%)

Education

HS Grad: 15.7%Some College: 8.4%Associates: 14%Bachelors: 14.5%Graduate: 47.4%Edu
HS Grad15.7%
Some College8.4%
Associates14.0%
Bachelors14.5%
Graduate47.4%
Housing & Income

Housing Tenure

Owner: 91.8%Renter: 8.2%Tenure
Owner91.8%
Renter8.2%

Home Value Distribution

Under $50k
0%
$50k–100k
2%
$100k–150k
0%
$150k–200k
2%
$200k–300k
7%
$300k–500k
60%
Over $500k
28%

Financials

Median HH Income$147,903 ▲ 94% above avg ↑ 42% since 2019
Median Home Value$421,500 ▲ 51% above avg ↑ 42% since 2019
Home/Income Ratio2.8x (nat avg ~3.5x)
Median Rent$1,806/mo ↑ 207% since 2019
Total Units1,184
Vacant Units28
Avg HH Size2.99

Income Distribution

Under $25k
4%
$25k–50k
3%
$50k–75k
11%
$75k–100k
10%
$100k–150k
23%
$150k–200k
24%
Over $200k
25%
Employment & Commute

How People Get to Work

Drove Alone
75%
Public Transit
0%
Walked
1%
Work From Home
23%

Commute Time

Under 15 min
13%
15–30 min
38%
30–45 min
29%
Over 45 min
20%
Housing Stock

Year Built

1940s–1950s
3%
1960s–1970s
6%
1980s–1990s
29%
2000+
61%

Summary

Total Units1,184
Vacant28
Owner Occupied91.8%
Renter Occupied8.2%
Avg HH Size2.99
Frequently Asked Questions
ZIP code 55341 is in Hanover, MN, in Wright County.
ZIP code 55341 is located in Minnesota (MN).
ZIP code 55341 is in Wright County, MN.
ZIP 55341 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 55341 is 3,454 people (ACS 2023).
The median household income in ZIP code 55341 is $147,903 (ACS 2023).
The median home value in ZIP 55341 is $421,500 (ACS 2023).
About ZIP Code 55341

ZIP code 55341 is located in Hanover, Minnesota, within Wright County. With a population of 3,454, this is a sparsely populated ZIP code with a relatively young community — the median age is 37.5 years. Economically, 55341 is a upper-middle-income ZIP code: the median household income of $147,903 is significantly above the national average.

Real estate in ZIP code 55341 represents a premium housing market. The median home value of $421,500 is significantly above the national average. Renters can expect to pay around $1,806 per month in median rent. Homeownership is strong here — 91.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 42% since 2019.

The population of 55341 is primarily White (90.68%). Residents are highly educated — 61.9% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 2.2%. Household income has grown by 42% since 2019.

The unemployment rate in 55341 stands at 1.3%, which is well below the national average. About 23% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 73%.

Overall, ZIP code 55341 in Hanover, MN is characterized as upper-middle-income, highly educated, a relatively young community, and predominantly owner-occupied. With 3,454 residents, a median household income of $147,903, and a median home value of $421,500, it offers a clear picture of life in this part of Minnesota.