| ZIP Code | 55391 |
|---|---|
| City | Wayzata |
| State | Minnesota (MN) |
| County | Hennepin County |
| Area Code | 763/952 |
| Elevation | 930 ft |
| Latitude | 44.964243 |
|---|---|
| Longitude | -93.543436 |
| Timezone | Chicago (DST) |
| FIPS | 27053 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 51.0 yrs ↑ 3% since 2019 |
|---|---|
| Avg Household Size | 2.32 |
| Below Poverty | 5.2% ▼ 49% below avg |
| College Grads | 77.8% ▲ 101% above avg |
| Unemployment | 3.0% ▼ 38% below avg |
| No HS Diploma | 43 (0.4%) |
| HS Graduate | 1,007 (8.8%) |
| Some College | 508 (4.5%) |
| Associates | 977 (8.6%) |
| Bachelors | 671 (5.9%) |
| Graduate Degree | 8,200 (71.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $170,115 ▲ 123% above avg ↑ 37% since 2019 |
|---|---|
| Median Home Value | $795,600 ▲ 185% above avg ↑ 44% since 2019 |
| Home/Income Ratio | 4.7x (nat avg ~3.5x) |
| Median Rent | $1,498/mo ↑ 5% since 2019 |
| Total Units | 7,445 |
| Vacant Units | 807 |
| Avg HH Size | 2.32 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 7,445 |
|---|---|
| Vacant | 807 |
| Owner Occupied | 81.3% |
| Renter Occupied | 18.7% |
| Avg HH Size | 2.32 |
ZIP code 55391 is located in Wayzata, Minnesota, within Hennepin County. With a population of 15,469, this is a moderately populated ZIP code with a mature community — the median age is 51 years. Economically, 55391 is a affluent ZIP code: the median household income of $170,115 is more than double the national average.
Real estate in ZIP code 55391 represents a premium housing market. The median home value of $795,600 is more than double the national average. Renters can expect to pay around $1,498 per month in median rent. Homeownership is strong here — 81.3% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 44% since 2019.
The population of 55391 is primarily White (89.12%). Residents are highly educated — 77.8% hold a bachelor's degree or higher, which is more than double the national average. Poverty affects a relatively small share of residents at 5.2%. Household income has grown by 37% since 2019.
The unemployment rate in 55391 stands at 3.0%, which is below the national average. A notably high share of workers — 31% — 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 55391 in Wayzata, MN is characterized as affluent, highly educated, a mature community, and predominantly owner-occupied. With 15,469 residents, a median household income of $170,115, and a median home value of $795,600, it offers a clear picture of life in this part of Minnesota.