Zip code 55331: Excelsior, Minnesota

Q: What city is zip code 55331?

55331 is assigned to Excelsior, Minnesota. The city name is the one the Postal Service prefers for mail addressed to this zip code.

Q: What county is 55331 in?

55331 is mostly in Hennepin County, but it extends into 1 other county.

Q: What is the population of 55331?

About 19,805 people live in 55331, according to the Census Bureau's American Community Survey.

Q: What is the median household income in 55331?

The median household income in 55331 is $159,450.

Q: What zip codes are near 55331?

The closest zip codes to 55331 are 55384, 55361, 55323, 55386, 55317.

Residential delivery areaHennepin CountyCentral Time

Population

19,805

Median household income

$159K

U.S. $81K

Median home value

$737K

U.S. $333K

Median rent

$1,217/mo

U.S. $1,413

Median age

48.2

U.S. 38.9

Land area

16 sq mi

1,214 people/sq mi

Boundary is the Census Bureau's ZIP Code Tabulation Area, which closely tracks the postal delivery area.

About 55331

55331 is a suburban zip code in Excelsior, Minnesota (Hennepin County), covering 16 sq mi of land. About 19,805 people live here, or 1,214 per square mile. The median resident is 48.2 years old, compared with 38.9 nationally.

The median household earns $159,450 a year, about 2.0× the national median of $80,734. 4% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $737,000, or 4.6 years of median household income (U.S.: 4.1 years), which makes homes about as affordable as the national average for local earners. 86% of occupied homes are lived in by their owners, and renters pay a median of $1,217 a month.

72% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 25.4 minutes each way, and 36% of workers work from home. The most common jobs among working residents are in management; business and finance; and sales. 15% of them are self-employed (U.S.: 10%).

How 55331 compares

Sorted from highest to lowest national percentile

Per capita income$101,331
98th
StrengthU.S. $44,673 · MN $48,2376th of 853 in MN
Work from home36.1%
98th
U.S. 15.1% · MN 17.6%6th of 852 in MN
Broadband access98.2%
98th
StrengthU.S. 91% · MN 91.6%11th of 851 in MN
Median household income$159,450
96th
StrengthU.S. $80,734 · MN $89,0627th of 846 in MN
Bachelor's degree or higher71.6%
96th
StrengthU.S. 35.7% · MN 39.4%10th of 854 in MN
Median earnings per worker$85,605
95th
StrengthU.S. $49,666 · MN $54,38916th of 851 in MN
Median age48.2
93rd
U.S. 38.9 · MN 38.8180th of 854 in MN
Homeownership rate86.1%
91st
StrengthU.S. 65.2% · MN 72.2%344th of 851 in MN
Self-employed workers15.3%
91st
U.S. 10% · MN 9.3%250th of 852 in MN
Income inequality (Gini)0.508
91st
WeaknessU.S. 0.483 · MN 0.45324th of 848 in MN
Median home value$737,000
89th
U.S. $332,700 · MN $329,3003rd of 842 in MN
Housing vacancy8.6%
64th
U.S. 10.1% · MN 9.3%472nd of 851 in MN
Residents under 1823.3%
61st
U.S. 22% · MN 22.9%373rd of 854 in MN
Tech workers3.5%
61st
U.S. 3.8% · MN 4%166th of 852 in MN
Residents 65 and older17.6%
58th
U.S. 17.2% · MN 17.3%554th of 854 in MN
Population density1,214/sq mi
47th
U.S. 95/sq mi · MN 72/sq mi117th of 854 in MN
Average commute25.4 min
46th
U.S. 26.4 min · MN 22.7 min345th of 849 in MN
Veterans5.3%
43rd
U.S. 6.2% · MN 5.9%634th of 854 in MN
Median gross rent$1,217
37th
U.S. $1,413 · MN $1,280186th of 757 in MN
Population19,805
31st
U.S. 334,922,499 · MN 5,739,445101st of 854 in MN
Foreign-born residents5%
29th
U.S. 14.1% · MN 8.7%208th of 854 in MN
Rent-burdened renters44.9%
29th
U.S. 51.1% · MN 48.1%352nd of 828 in MN
Unemployment rate3.3%
21st
U.S. 5.2% · MN 4.1%419th of 853 in MN
Uninsured rate3.5%
17th
StrengthU.S. 8.4% · MN 4.7%527th of 853 in MN
Government workers9.3%
14th
U.S. 14.5% · MN 12.9%713th of 852 in MN
Healthcare workers6.8%
13th
U.S. 9.7% · MN 10.9%719th of 852 in MN
Diversity index19
12th
U.S. 61.4 · MN 41.1440th of 854 in MN
Poverty rate4%
6th
StrengthU.S. 12.5% · MN 9.3%748th of 852 in MN

Measure	55331	Hennepin	MN	U.S.	National percentile	Rank in MN
Per capita incomeStrength	$101,331	$59,401	$48,237	$44,673	98th	6th of 853
Work from home	36.1%	25.2%	17.6%	15.1%	98th	6th of 852
Broadband accessStrength	98.2%	92.8%	91.6%	91%	98th	11th of 851
Median household incomeStrength	$159,450	$97,653	$89,062	$80,734	96th	7th of 846
Bachelor's degree or higherStrength	71.6%	54.1%	39.4%	35.7%	96th	10th of 854
Median earnings per workerStrength	$85,605	$61,640	$54,389	$49,666	95th	16th of 851
Median age	48.2	37.6	38.8	38.9	93rd	180th of 854
Homeownership rateStrength	86.1%	62.7%	72.2%	65.2%	91st	344th of 851
Self-employed workers	15.3%	9.1%	9.3%	10%	91st	250th of 852
Income inequality (Gini)Weakness	0.508	0.482	0.453	0.483	91st	24th of 848
Median home value	$737,000	$392,900	$329,300	$332,700	89th	3rd of 842
Housing vacancy	8.6%	5.6%	9.3%	10.1%	64th	472nd of 851
Residents under 18	23.3%	21.6%	22.9%	22%	61st	373rd of 854
Tech workers	3.5%	6.1%	4%	3.8%	61st	166th of 852
Residents 65 and older	17.6%	15.6%	17.3%	17.2%	58th	554th of 854
Population density	1,214/sq mi	2,291/sq mi	72/sq mi	95/sq mi	47th	117th of 854
Average commute	25.4 min	21.9 min	22.7 min	26.4 min	46th	345th of 849
Veterans	5.3%	4.5%	5.9%	6.2%	43rd	634th of 854
Median gross rent	$1,217	$1,487	$1,280	$1,413	37th	186th of 757
Population	19,805	1,269,496	5,739,445	334,922,499	31st	101st of 854
Foreign-born residents	5%	13.6%	8.7%	14.1%	29th	208th of 854
Rent-burdened renters	44.9%	47.6%	48.1%	51.1%	29th	352nd of 828
Unemployment rate	3.3%	4.5%	4.1%	5.2%	21st	419th of 853
Uninsured rateStrength	3.5%	4.5%	4.7%	8.4%	17th	527th of 853
Government workers	9.3%	11.5%	12.9%	14.5%	14th	713th of 852
Healthcare workers	6.8%	9.8%	10.9%	9.7%	13th	719th of 852
Diversity index	19	54.4	41.1	61.4	12th	440th of 854
Poverty rateStrength	4%	10%	9.3%	12.5%	6th	748th of 852

The percentile is the share of Americans who live in a zip code with a lower value, so the 50th percentile is typical. Rank 1 is the highest value in the state. Both include zip codes with at least 100 residents. Strengths and weaknesses mark measures in the best or worst fifth nationally, where higher or lower is clearly better (income, poverty, education, commute, broadband, insurance and similar). Measures like age or density are left unmarked.

People

Age

Under 5

19%

5–17

18–24

25–34

12%

35–44

15%

45–54

22%

55–64

11%

65–74

75+

Median age

48.2

Under 18

23.3%

65 and over

17.6%

Race and ethnicity

White90%
Black0.6%
Hispanic3%
Asian2%
Native American0.0%
Pacific Islander0%
Other0.4%
Multiracial4%

Diversity index

U.S. 61.4

Foreign-born

U.S. 14.1%

Born in state

58.1%

Language spoken at home (households)

English only

92%

Spanish

Other Indo-European

Asian / Pacific

0.9%

Other

0.4%

Households

Households: 7,816
Average household size: 2.5
Family households: 76.4%
Married couples: 68.3%
Living alone: 19.7%
Veterans (of adults): 5.3%
Male / female: 50% / 50%

Income and poverty

Household income distribution

<$25k

$25–50k

$50–75k

$75–100k

$100–150k

18%

$150–200k

12%

$200k+

41%

Median household income

55331

$159,450

Hennepin Co.

$97,653

Minnesota

$89,062

United States

$80,734

Per capita income

$101,331

U.S. $44,673

Poverty rate

U.S. 12.5%

Households earning $150K+

53.4%

U.S. 23%

Income inequality (Gini)

0.508

U.S. 0.483

Housing

Median home value

55331

$737,000

Hennepin Co.

$392,900

Minnesota

$329,300

United States

$332,700

Median gross rent

55331

$1,217

Hennepin Co.

$1,487

Minnesota

$1,280

United States

$1,413

Types of housing

Single-family

87%

2–4 units

5–19 units

20+ units

Mobile home

0.4%

Boat, RV, van

Housing units: 8,551
Owner-occupied: 86.1%
Vacant: 8.6%
Median year built: 1984
Median rooms: 8
Renters paying 30%+ of income: 44.9%
Renters paying 50%+ of income: 22.7%
Home value to income: 4.6× (U.S. 4.1×)

Work and commute

How people get to work

Drove alone

58%

Carpooled

Transit

0.3%

Walked

0.5%

Bicycle

0.7%

Worked from home

36%

Other

0.8%

Commute time (one way)

<10 min

10–19

28%

20–29

28%

30–44

25%

45–59

60+

Average commute

25.4 min

U.S. 26.4 min

Unemployment

3.3%

U.S. 5.2%

In labor force

66.2%

U.S. 63.5%

Jobs and careers

What employed residents do, wherever they work

Occupations

Management

21%

Business and finance

15%

Sales

13%

Education

Office and admin

Healthcare

Computer and math

Food service

Construction and repair

Transportation and moving

Arts, media and sports

Engineering and science

Legal and social services

Cleaning and personal care

Production

Police and fire

0.5%

Farming, fishing and forestry

0.2%

Industries

Finance, insurance and real estate

15%

Professional and technical services

15%

Manufacturing

12%

Health care and social assistance

11%

Education

10%

Retail

Construction

Wholesale

Transportation, warehousing and utilities

Admin, support and management

Arts and recreation

Restaurants and hotels

Information

Public administration

Other services

Agriculture and mining

0.7%

Median earnings per worker

$85,605

U.S. $49,666

Self-employed

15.3%

U.S. 10%

Government workers

9.3%

U.S. 14.5%

Nonprofit workers

6.1%

U.S. 8.8%

Median earnings by type of work

Type of work	55331	U.S.
Management, business, science and arts	$120,300	$74,888
Service	$14,512	$26,804
Sales and office	$80,750	$40,476
Construction and maintenance	$42,500	$49,199
Production and transportation	$43,466	$39,989

Education, internet and health coverage

Highest education (adults 25+)

No diploma

0.8%

High school

10%

Some college

13%

Associate's

Bachelor's

43%

Graduate

28%

High school graduate or higher: 99.2%
Bachelor's degree or higher: 71.6%
Graduate or professional degree: 28.3%
Households with broadband: 98.2%
Cable, fiber or DSL: 86.7%
No internet access: 0.9%
Without health insurance: 3.5%
Limited-English households: 1%

Geography

City (USPS): Excelsior
State: Minnesota
County: Hennepin County
Center point: 44.9012° N, 93.6099° W
Land area: 16 sq mi
Water area: 9.7 sq mi
Time zone: Central Time (UTC-6, UTC-5 in summer)
Zip type: Residential delivery area

55331 spans 2 counties

Hennepin County67% of land
Carver County33% of land

Cities and towns within this zip

Shorewood31% of zip
Chanhassen17% of zip
Minnetrista14% of zip
Victoria11% of zip
Tonka Bay6% of zip
Deephaven6% of zip
Orono4% of zip
Excelsior4% of zip

Census places overlapping the zip's area. Mail may use a different city name than the municipality.

Zip codes near 55331

Search by radius

Zip	City	Distance	Population	IncomeMedian income	Home value
55384	Spring Park, MN	2.6 mi	1,896	$48,315	$661,600
55361	Minnetonka Beach, MN · PO box	2.8 mi	—	—	—
55323	Crystal Bay, MN · PO box	3.9 mi	—	—	—
55386	Victoria, MN	4.1 mi	10,077	$192,458	$565,900
55317	Chanhassen, MN	4.2 mi	22,299	$140,385	$539,000
55364	Mound, MN	4.2 mi	14,097	$108,725	$459,400
55391	Wayzata, MN	5.4 mi	15,502	$174,301	$923,400
55375	Saint Bonifacius, MN	5.7 mi	4,326	$130,893	$425,700
55345	Minnetonka, MN	6.2 mi	20,789	$145,332	$504,000
55318	Chaska, MN	6.4 mi	30,369	$112,243	$420,400
55346	Eden Prairie, MN	6.5 mi	18,588	$135,000	$480,100
55356	Long Lake, MN	6.6 mi	5,696	$156,622	$707,800

Zip codes like 55331 elsewhere

Matched on income, home values, age, density, education, housing and commuting

Questions about 55331

What city is zip code 55331?

55331 is assigned to Excelsior, Minnesota. The city name is the one the Postal Service prefers for mail addressed to this zip code.

What county is 55331 in?

55331 is mostly in Hennepin County, but it extends into 1 other county.

What is the population of 55331?

About 19,805 people live in 55331, according to the Census Bureau's American Community Survey.

What time zone is 55331 in?

55331 is in Central Time.

What is the median household income in 55331?

The median household income in 55331 is $159,450.

What zip codes are near 55331?

The closest zip codes to 55331 are 55384, 55361, 55323, 55386, 55317.

Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 55331, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.