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55345 Zip Code Detailed Profile

 



Profiles Minnetonka, MN (55345) houses, apartments, residents, cars, jobs...

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City: Minnetonka, MN
Hennepin County, MN
Zip code population (2000): 22,227
Estimated zip code population in 2007: 21,882

Age and Sex of Residents in zip code 55345

Zip code 55345 (Minnetonka, Minnesota) real estate house value trends

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Minnetonka, MN (55345) map from a distance

Houses and condos: 8,490
Renter-occupied apartments: 1,062
% of renters here:  13%
State:  25%

2008 cost of living index in zip code 55345: 99.0 (near average, U.S. average is 100)

Land area: 10.9 sq. mi.
Water area: 0.2 sq. mi.
Population density: 2006 people per square mile 
 
 (low).

Estimate of real estate property taxes paid for housing units in 2007:
This zip code:  2.2% ($2,728)
Minnesota:  1.6% ($1,297)

Profiles of local businesses:
Timberline Realty, Inc.

List your B&M business here for free. Over a million visitors/week. Get a huge advantage over your competition

Males: 10,857  (48.8%)
Females: 11,370  (51.2%)

Zip code 55345 races chart


55345, MN forum
Discuss zip code 55345 area on our local forum with over 400,000 registered users
100% urban population.

Estimated median house/condo value in 2007: $341,290
55345:  $341,290
Minnesota:  $213,600


According to our research of public records there were 2 registered sex offenders living in 55345 zip code in early 2007.
The number of registered sex offenders compared to the number of residents in this zip code is near the state average.

Median resident age:  40.5 years
Minnesota median age:  35.4 years

Average household size:
This zip code:  2.6 people
Minnesota:  2.5 people

Averages for the 2004 tax year for zip code 55345, filed in 2005:
Average Adjusted Gross Income (AGI) in 2004: $83,289 (Individual Income Tax Returns)
Here:  $83,289
State:  $53,560

Salary/wage: $74,389 (reported on 83.3% of returns)
Here:  $74,389
State:  $46,177
(% of AGI for various income ranges: 194.2% for AGIs below $10k, 64.0% for AGIs $10k-25k, 74.5% for AGIs $25k-50k, 72.6% for AGIs $50k-75k, 78.0% for AGIs $75k-100k, 73.7% for AGIs over 100k)

Taxable interest for individuals: $2,031 (reported on 60.4% of returns)
This zip code:  $2,031
Minnesota:  $1,796
(% of AGI for various income ranges: 17.2% for AGIs below $10k, 3.7% for AGIs $10k-25k, 2.1% for AGIs $25k-50k, 1.5% for AGIs $50k-75k, 1.6% for AGIs $75k-100k, 1.2% for AGIs over 100k)

Taxable dividends: $3,559 (reported on 48.1% of returns)
Here:  $3,559
State:  $3,096
(% of AGI for various income ranges: 16.3% for AGIs below $10k, 3.5% for AGIs $10k-25k, 2.3% for AGIs $25k-50k, 2.2% for AGIs $50k-75k, 1.9% for AGIs $75k-100k, 1.9% for AGIs over 100k)

Net capital gain/loss: +$8,287 (reported on 40.4% of returns)
Here:  +$8,287
State:  +$10,864
(% of AGI for various income ranges: -10.9% for AGIs below $10k, 0.9% for AGIs $10k-25k, 0.8% for AGIs $25k-50k, 1.5% for AGIs $50k-75k, 0.9% for AGIs $75k-100k, 5.6% for AGIs over 100k)

Profit/loss from business: +$18,088 (reported on 19.3% of returns)
Here:  +$18,088
State:  +$10,442
(% of AGI for various income ranges: 23.4% for AGIs below $10k, 8.3% for AGIs $10k-25k, 4.3% for AGIs $25k-50k, 4.7% for AGIs $50k-75k, 4.3% for AGIs $75k-100k, 3.8% for AGIs over 100k)

IRA payment deduction: $3,170 (reported on 3.2% of returns)
55345:  $3,170
Minnesota:  $2,955
(% of AGI for various income ranges: 0.4% for AGIs below $10k, 0.3% for AGIs $10k-25k, 0.4% for AGIs $25k-50k, 0.2% for AGIs $50k-75k, 0.2% for AGIs $75k-100k, 0.1% for AGIs over 100k)

Self-employed pension: $14,224 (reported on 2.7% of returns)
Here:  $14,224
Minnesota:  $12,099
(% of AGI for various income ranges: 0.2% for AGIs $10k-25k, 0.2% for AGIs $25k-50k, 0.3% for AGIs $50k-75k, 0.4% for AGIs $75k-100k, 0.6% for AGIs over 100k)

Total itemized deductions: $25,310 (1% of AGI, reported on 59.0% of returns)
Here:  $25,310
State:  $20,035
(% of AGI for various income ranges: 52.2% for AGIs below $10k, 21.9% for AGIs $10k-25k, 19.9% for AGIs $25k-50k, 22.1% for AGIs $50k-75k, 21.6% for AGIs $75k-100k, 16.0% for AGIs over 100k)

Charity contributions deductions: $4,079 (3.1% of AGI, reported on 55.6% of returns)
Here:  $4,079
Minnesota:  $3,333

Here:  3.1% of AGI
State:  3.4% of AGI
(% of AGI for various income ranges: 2.8% for AGIs below $10k, 2.1% for AGIs $10k-25k, 2.4% for AGIs $25k-50k, 2.8% for AGIs $50k-75k, 3.0% for AGIs $75k-100k, 2.7% for AGIs over 100k)

Total tax: $16,230 (reported on 82.7% of returns)
55345:  $16,230
State:  $8,485
(% of AGI for various income ranges: 7.4% for AGIs below $10k, 5.0% for AGIs $10k-25k, 7.6% for AGIs $25k-50k, 9.0% for AGIs $50k-75k, 9.9% for AGIs $75k-100k, 19.8% for AGIs over 100k)

Earned income credit: $1,355 (reported on 4.5% of returns)
Here:  $1,355
State:  $1,523
(% of AGI for various income ranges: 4.5% for AGIs below $10k, 1.7% for AGIs $10k-25k, 0.1% for AGIs $25k-50k)

Percentage of individuals using paid preparers for their 2004 taxes: 55.7%
Here:  56%
State:  59%
(% for various income ranges: 44.5% for AGIs below $10k, 51.7% for AGIs $10k-25k, 56.4% for AGIs $25k-50k, 58.3% for AGIs $50k-75k, 56.3% for AGIs $75k-100k, 64.0% for AGIs over 100k)


Estimated median household income in 2007: $93,017
This zip code:  $93,017
Minnesota:  $55,802
Minnetonka, MN (55345) map

Nearest zip codes: 55346, 55305, 55391, 55343, 55344, 55317.


Percentage of family households:
This zip code:  76.4%
Whole state:  66.2%

Percentage of households with unmarried partners:
This zip code:  3.1%
Whole state:  5.3%

Likely homosexual households (counted as self-reported same-sex unmarried-partner households)
  • Lesbian couples: 0.3% of all households
  • Gay men: 0.2% of all households

Housing units in zip code 55345 with a mortgage: 5,342 (821 second mortgage, 956 home equity loan, 61 both second mortgage and home equity loan)
Houses without a mortgage: 1,404


Median monthly owner costs for units with a mortgage: $2,073

Median monthly owner costs for units without a mortgage: $599

Residents with income below the poverty level in 2007:
This zip code:  2.2%
Whole state:  9.5%

Residents with income below 50% of the poverty level in 2007:
This zip code:  0.6%
Whole state:  3.9%

Median number of rooms in houses and condos:
Here:  7.8
State:  6.6

Median number of rooms in apartments:
Here:  3.5
State:  3.7


Zip code 55345 close-up map

Click to draw/clear zip code borders

Notable locations in this zip code not listed on our city pages:

 

Year house built:
  • 1999 to March 2000: 92
  • 1995 to 1998: 469
  • 1990 to 1994: 417
  • 1980 to 1989: 1,626
  • 1970 to 1979: 1,565
  • 1960 to 1969: 1,972
  • 1950 to 1959: 1,676
  • 1940 to 1949: 343
  • 1939 or earlier: 324



Zip code 55345 satellite photo by USGS


Bedrooms in owner-occupied houses in Minnetonka, MN (55345):
  • no bedroom: 6
  • 1 bedrooms: 75
  • 2 bedrooms: 797
  • 3 bedrooms: 3,226
  • 4 bedrooms: 2,448
  • 5 or more bedrooms: 702


Bedrooms in renter-occupied apartments and housing units:
  • no bedroom: 91
  • 1 bedrooms: 441
  • 2 bedrooms: 279
  • 3 bedrooms: 202
  • 4 bedrooms: 39
  • 5 or more bedrooms: 10



Vehicles available in 55345 zip code in owner-occupied houses/condos:
  • no vehicle: 76
  • 1 vehicle: 1,341
  • 2 vehicles: 4,305
  • 3 vehicles: 1,222
  • 4 vehicles: 268
  • 5 or more vehicles: 42


Vehicles available in renter-occupied apartments:
  • no vehicle: 200
  • 1 vehicle: 511
  • 2 vehicles: 281
  • 3 vehicles: 55
  • 4 vehicles: 5
  • 5 or more vehicles: 10



Estimated household income distribution in 2007:

Zip code 55345 household income distribution in 2007

Zip code 55345 house/condo values in 2007


Estimate of home value of owner-occupied houses/condos in 2007 in zip code 55345:

  • $25,000 to $29,999: 2
  • $30,000 to $34,999: 3
  • $35,000 to $39,999: 1
  • $125,000 to $149,999: 31
  • $150,000 to $174,999: 70
  • $175,000 to $199,999: 195
  • $200,000 to $249,999: 780
  • $250,000 to $299,999: 1,411
  • $300,000 to $399,999: 2,124
  • $400,000 to $499,999: 1,177
  • $500,000 to $749,999: 925
  • $750,000 to $999,999: 232
  • $1,000,000 or more: 192
 



55345 rent paid by renters


Rent paid by renters in 2007 in zip code 55345:

  • Less than $100: 28
  • $100 to $149: 12
  • $150 to $199: 51
  • $200 to $249: 25
  • $250 to $299: 39
  • $300 to $349: 7
  • $350 to $399: 4
  • $400 to $449: 13
  • $450 to $499: 14
  • $500 to $549: 10
  • $550 to $599: 6
  • $600 to $649: 68
  • $650 to $699: 41
  • $700 to $749: 124
  • $750 to $799: 156
  • $800 to $899: 274
  • $900 to $999: 93
  • $1,000 to $1,249: 270
  • $1,250 to $1,499: 225
  • $1,500 to $1,999: 34
  • $2,000 or more: 174
  • No cash rent: 33
 


Median price asked for vacant for-sale houses and condos in 2007: $266,773.


Estimated median house (or condo) value in 2007 for:

  • White Non-Hispanic householders: $342,917
  • Black or African American householders: $533,547
  • American Indian or Alaska Native householders: $497,375
  • Asian householders: $283,594
  • Some other race householders: $194,971
  • Two or more races householders: $382,345
  • Hispanic or Latino householders: $461,925

Estimated median house or condo value in 2007: $334,624 (it was $188,700 in 2000)
55345:  $334,624
Minnesota:  $213,600
Lower value quartile - upper value quartile: $259,157 - $483,501

Mean price in 2007:
Detached houses: $414,987
Here:  $414,987
State:  $270,059

Townhouses or other attached units: $290,074
Here:  $290,074
State:  $220,268

In 2-unit structures: $409,694
Here:  $409,694
State:  $280,233

In 3-to-4-unit structures: $212,510
Here:  $212,510
State:  $204,358

In 5-or-more-unit structures: $233,074
Here:  $233,074
State:  $190,214

Mobile homes: $350,000
Here:  $350,000
State:  $34,666


Owners and renters by unit type in %



Breakdown of mean house values by ages of householders


Housing units in structures:

  • One, detached: 6,666
  • One, attached: 767
  • Two: 56
  • 3 or 4: 57
  • 5 to 9: 43
  • 10 to 19: 20
  • 20 to 49: 350
  • 50 or more: 517
  • Mobile homes: 8
55345 zip code mode of transportation to work chart

Means of transportation to work

  • Drove a car alone: 10,191 (83%)
  • Carpooled: 712 (6%)
  • Bus or trolley bus: 284 (2%)
  • Taxi: 5 (0%)
  • Motorcycle: 24 (0%)
  • Bicycle: 7 (0%)
  • Walked: 78 (1%)
  • Other means: 44 (0%)
  • Worked at home: 877 (7%)
 

55345 zip code travel time to work

Travel time to work

  • Less than 5 minutes: 244
  • 5 to 9 minutes: 885
  • 10 to 14 minutes: 1583
  • 15 to 19 minutes: 2200
  • 20 to 24 minutes: 2333
  • 25 to 29 minutes: 897
  • 30 to 34 minutes: 1624
  • 35 to 39 minutes: 335
  • 40 to 44 minutes: 405
  • 45 to 59 minutes: 537
  • 60 to 89 minutes: 216
  • 90 or more minutes: 86
 

Percentage of zip code residents living and working in this county: 87.4%


Household type by relationship
Households: 21,965

  • In family households: 19,579 (5,267 male householders, 1,123 female householders)
    5,730 spouses, 6,844 children (6,339 natural, 291 adopted, 214 stepchildren), 104 grandchildren, 72 brothers or sisters, 139 parents, 77 other relatives, 223 non-relatives
  • In nonfamily households: 2,386 (752 male householders (625 living alone)), 1,199 female householders (989 living alone)), 435 nonrelatives
  • In group quarters: 274 (137 institutionalized population)

Size of family households: 2,788 2-persons, 1,316 3-persons, 1,514 4-persons, 603 5-persons, 138 6-persons, 31 7-or-more-persons.

Size of nonfamily households: 1,614 1-person, 261 2-persons, 56 3-persons, 18 4-persons, 2 5-persons.

5,040 married couples with children.
672 single-parent households (168 men, 504 women).

93.3% of residents of 55345 zip code speak English at home.
1.8% of residents speak Spanish at home (74% very well, 10% well, 16% not well).
3.6% of residents speak other Indo-European language at home (64% very well, 22% well, 8% not well, 6% not at all).
1.1% of residents speak Asian or Pacific Island language at home (57% very well, 41% well, 2% not well).
0.2% of residents speak other language at home (43% very well, 57% not well).

Foreign born population: 1,075 (4.8%)
(58.1% of them are naturalized citizens)

This zip code:  4.8%
Whole state:  5.3%


Most common places of birth for the foreign-born residents:



  • Canada (10%)
  • Russia (10%)
  • Korea (9%)
  • Germany (5%)
  • Philippines (5%)
  • United Kingdom (5%)
  • Vietnam (5%)


Year of entry for the foreign-born population
  • 1995 to March 2000: 291
  • 1990 to 1994: 209
  • 1985 to 1989: 152
  • 1980 to 1984: 106
  • 1975 to 1979: 90
  • 1970 to 1974: 17
  • 1970 to 1974: 52
  • 1965 to 1969: 158

White population: 21,222
Black population: 207
American Indian population: 38
Asian population: 426
Native Hawaiian and Other Pacific Islander population: 8
Some other race population: 123
Two or more races population: 203

Zip code 55345 races chart


First ancestries reported:

 German: 5100
 Norwegian: 3130
 Irish: 1934
 Swedish: 1701
 English: 1331
 Other groups: 997
 Polish: 668
 United States or American: 650
 Italian: 455
 Russian: 391
 French (except Basque): 348
 Dutch: 276
 European: 252
 Scottish: 248
 Czech: 245
 Scotch-Irish: 219
 Danish: 184
 Scandinavian: 174
 Finnish: 137
 French Canadian: 126
 Arab:: 85
 Ukrainian: 83
 Swiss: 82
 Eastern European: 77
 Lebanese: 60
 Belgian: 57
 Iranian: 55
 Czechoslovakian: 54
 Lithuanian: 53
 Canadian: 52
 British: 49
 Welsh: 49
 Romanian: 47
 Greek: 46
 Austrian: 40
 Slovak: 39
 Luxemburger: 37
 Hungarian: 34
 Croatian: 29
 Northern European: 27
 Celtic: 27
 Subsaharan African:: 27
 African: 27
 Yugoslavian: 27
 Moroccan: 25
 Icelander: 22
 Serbian: 19
 Slovene: 13
 Portuguese: 10
 Bahamian: 7
 Acadian/Cajun: 7
 West Indian (excluding Hispanic groups):: 7
 Basque: 6
 Cypriot: 5
 Guyanese: 4



Zip code 55345 topographic map

Public primary/middle school in zip code 55345 not listed on the city page:
  • SHARED TIME REPORTING (Students: 1; Location: 5621 HWY 101, MINNETONKA, MN; Grades: 04 - 04)

Median worth of mobile homes: $472,889

Zip code 55345 marital status for males
Zip code 55345 marital status for females


Housing units lacking complete plumbing facilities: 0%

Housing units lacking complete kitchen facilities: 0%

Most commonly used house heating fuel:
  • Utility gas (92%)
  • Electricity (5%)
  • Fuel oil, kerosene, etc. (2%)
  • Bottled, tank, or LP gas (1%)


Place of birth for U.S.-born residents:

  • This state: 14076
  • Northeast: 887
  • Midwest: 4410
  • South: 705
  • West: 952

65% of the 55345 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 66% lived in this county.
   Out of people who lived in different counties, 37% lived in Minnesota.

Population in 1990: 22,535. Population change in the 1990s: -308 (-1.4%).



Year Householders Moved Into Unit:

 



Private vs. public school enrollment:
Students in private schools in grades 1 to 8 (elementary and middle school): 372
Here:  13.5%
Minnesota:  11.7%

Students in private schools in grades 9 to 12 (high school): 147
Here:  10.0%
Minnesota:  6.8%

Students in private undergraduate colleges: 198
Here:  36.3%
Minnesota:  24.6%


Educational Attainment


School Enrollment by Level of School



Class of Workers



Companies with federal contracts located in this zip code:

  • METROCALL INCORPORATED (0000) (62121 BAKER RD STE 115 in HOPKINS, MN): $281,921 in 12 contracts from 2000 to 2003
    Contracts for Telecommunications Network Management Services by Department of Veterans Affairs
    Signed by year: 2000: $86,000; 2001: $0; 2002: $86,679; 2003: $109,242; 2004: $0; 2005: $0; 2006: $0.

    Biggest contracts:
    $44,000 with Department of Veterans Affairs for Telecommunications Network Management Services. Signed on 2000-10-15. Completion date: 2001-09-15.
    $42,000, same as above. Signed on 2000-10-15. Completion date: 2001-09-15.
    $37,000, same as above. Signed on 2002-04-15. Completion date: 2002-09-15.
    $21,201, same as above. Signed on 2003-10-01. Effective on 2004-04-01. Completion date: 2004-06-30.
  • TIDY SERVICE OF MINNESOTA, INC (1 BLENHEIM CIR in HOPKINS, MN; small business)
    50 employees, $630000 revenue. Small Disadvantaged Business, Woman Owned Business
    $159,000 with Federal Aviation Administration for Custodial Janitorial Services. Signed on 1999-10-15. Completion date: 2000-09-15.
  • ALLEN BRADLEY COMPANY, LLC (14960 MINNETONKA INDUSTRIA in MINNETONKA, MN)
    $138,580 with Navy for Motors, Electrical. Taking place in MD. Signed on 2000-11-07. Completion date: 2001-02-01.
  • GEMINI DIGITAL PRODUCTS CORP (6035 CULLIGAN WAY in MINNETONKA, MN; small business): $110,480 in 4 contracts from 2000 to 2006
    $91,560 with Air Force for Electrical and Electronic assemblies, Boards, Cards, and Associated Hardware. Signed on 2000-08-17. Completion date: 2000-10-31.
    $9,820 with Navy for ADP Components. Signed on 2006-06-29. Completion date: 2006-07-05.
    $4,845 with Air Force for Electrical Hardware and Supplies. Taking place in NE. Signed on 2005-02-18. Completion date: 2005-03-20.
    $4,255 with Air Force for ADPE System Configuration. Signed on 2002-09-17. Completion date: 2002-10-31.
  • MORTON CONSULTING CORPORATION (15345 WOODSIDE LANE in MINNETONKA, MN; small business)
    $99,536 with Air Force for Other Defense -- Operational Systems Development (R&D). Signed on 2003-07-16. Completion date: 2004-03-13.
  • EXCEL SYSTEMS INC (5909 BAKER RD STE 500 in MINNETONKA, MN; small business)
    $11,888 with Navy for Cable, Cord, and Wire Assemblies: Communications Equipment. Taking place in VA. Signed on 2004-12-20. Completion date: 2004-12-30.
  • CUSTOMER CONTACT SERVICES (14525 HIGHWAY 7 STE 145 in MINNETONKA, MN; small business): $4,500 in 2 contracts in 2005
    $3,600 with Air Force for Communications Services. Taking place in FL. Signed on 2005-10-01. Completion date: 2006-09-30.
    $900 with Air Force for Telephone and/or Communications Services (includes Telegraph, Telex, and Cablevision Services). Signed on 2005-08-17. Completion date: 2005-09-30.
  • CAMPBELL-SEVEY, INC (15350 MINNETONKA BLVD in MINNETONKA, MN; small business)
    $3,850 with U.S. Army Corps of Engineers - civil program financing only for Space and Water Heating Equipment. Taking place in NE. Signed on 2003-08-13. Completion date: 2003-09-30.


Top industries in this zip code by the number of employees in 2005:

  • Management of Companies and Enterprises: Corporate, Subsidiary, and Regional Managing Offices (100-249 employees: 2 establishments, 50-99 employees: 2 establishments, 10-19 employees: 2 establishments, 1-4 employees: 1 establishment)
  • Administrative and Support and Waste Management and Remediation Services: Temporary Help Services (100-249: 2, 50-99: 1, 1-4: 2)
  • Accommodation and Food Services: Limited-Service Restaurants (20-49: 6, 10-19: 7)
  • Accommodation and Food Services: Full-Service Restaurants (50-99: 2, 20-49: 2, 10-19: 1, 5-9: 2)
  • Arts, Entertainment, and Recreation: Fitness and Recreational Sports Centers (100-249: 1, 20-49: 1, 1-4: 3)
  • Health Care and Social Assistance: Outpatient Mental Health and Substance Abuse Centers (100-249: 1, 20-49: 1)
  • Other Services (except Public Administration): Religious Organizations (50-99: 1, 20-49: 2, 10-19: 2, 5-9: 2, 1-4: 2)


Age and Sex of Sensory-Disabled Residents (Noninstitutionalized)


Age and Sex of Physically-Disabled Residents (Noninstitutionalized)



Age and Sex of Mentally-Disabled Residents (Noninstitutionalized)


Age and Sex of Self-Care Disabled Residents (Noninstitutionalized)



Age and Sex of Go-Outside-Home Disabled Residents (Noninstitutionalized)


Age and Sex of Residents with Employment Disability (Noninst.)



People in group quarters
  • 133 people in training schools for juvenile delinquents
  • 108 people in other noninstitutional group quarters
  • 10 people in other group homes
  • 9 people in homes for the mentally retarded
  • 8 people in homes for the mentally ill
  • 6 people in homes for the physically handicapped






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