Zip code 55340: Hamel, Minnesota

Q: What city is zip code 55340?

55340 is assigned to Hamel, Minnesota. The city name is the one the Postal Service prefers for mail addressed to this zip code.

Q: What county is 55340 in?

55340 is in Hennepin County, Minnesota.

Q: What is the population of 55340?

About 10,183 people live in 55340, according to the Census Bureau's American Community Survey.

Q: What is the median household income in 55340?

The median household income in 55340 is $178,553.

Q: What zip codes are near 55340?

The closest zip codes to 55340 are 55311, 55446, 55357, 55356, 55348.

Residential delivery areaHennepin CountyCentral Time

Population

10,183

Median household income

$179K

U.S. $81K

Median home value

$639K

U.S. $333K

Median rent

$1,452/mo

U.S. $1,413

Median age

39.4

U.S. 38.9

Land area

36 sq mi

286 people/sq mi

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

About 55340

55340 is a small-town zip code in Hamel, Minnesota (Hennepin County), covering 36 sq mi of land. About 10,183 people live here, or 286 per square mile. The median resident is 39.4 years old, compared with 38.9 nationally.

The median household earns $178,553 a year, about 2.2× the national median of $80,734. 6.7% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $639,100, or 3.6 years of median household income (U.S.: 4.1 years), which makes homes about as affordable as the national average for local earners. 92% of occupied homes are lived in by their owners, and renters pay a median of $1,452 a month.

63% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 26.6 minutes each way, and 38% of workers work from home. The most common jobs among working residents are in management, sales and healthcare.

How 55340 compares

Sorted from highest to lowest national percentile

Work from home38%
99th
U.S. 15.1% · MN 17.6%3rd of 852 in MN
Median household income$178,553
98th
StrengthU.S. $80,734 · MN $89,0623rd of 846 in MN
Homeownership rate92.3%
98th
StrengthU.S. 65.2% · MN 72.2%124th of 851 in MN
Residents under 1831.4%
97th
U.S. 22% · MN 22.9%44th of 854 in MN
Median earnings per worker$95,436
97th
StrengthU.S. $49,666 · MN $54,3897th of 851 in MN
Per capita income$81,439
95th
StrengthU.S. $44,673 · MN $48,23713th of 853 in MN
Bachelor's degree or higher63%
91st
StrengthU.S. 35.7% · MN 39.4%31st of 854 in MN
Tech workers6.9%
90th
U.S. 3.8% · MN 4%36th of 852 in MN
Broadband access96%
85th
StrengthU.S. 91% · MN 91.6%49th of 851 in MN
Median home value$639,100
84th
U.S. $332,700 · MN $329,3009th of 842 in MN
Income inequality (Gini)0.479
80th
WeaknessU.S. 0.483 · MN 0.45367th of 848 in MN
Self-employed workers10.9%
68th
U.S. 10% · MN 9.3%490th of 852 in MN
Foreign-born residents16.4%
67th
U.S. 14.1% · MN 8.7%38th of 854 in MN
Average commute26.6 min
54th
U.S. 26.4 min · MN 22.7 min277th of 849 in MN
Median gross rent$1,452
53rd
U.S. $1,413 · MN $1,28098th of 757 in MN
Median age39.4
53rd
U.S. 38.9 · MN 38.8583rd of 854 in MN
Healthcare workers9.7%
53rd
U.S. 9.7% · MN 10.9%458th of 852 in MN
Rent-burdened renters51%
51st
U.S. 51.1% · MN 48.1%237th of 828 in MN
Residents 65 and older15.6%
43rd
U.S. 17.2% · MN 17.3%660th of 854 in MN
Diversity index41.9
39th
U.S. 61.4 · MN 41.1124th of 854 in MN
Population density286/sq mi
25th
U.S. 95/sq mi · MN 72/sq mi177th of 854 in MN
Veterans3.8%
24th
U.S. 6.2% · MN 5.9%778th of 854 in MN
Poverty rate6.7%
23rd
U.S. 12.5% · MN 9.3%554th of 852 in MN
Population10,183
16th
U.S. 334,922,499 · MN 5,739,445166th of 854 in MN
Government workers9.4%
14th
U.S. 14.5% · MN 12.9%700th of 852 in MN
Housing vacancy2%
4th
U.S. 10.1% · MN 9.3%806th of 851 in MN
Unemployment rate1.6%
3rd
StrengthU.S. 5.2% · MN 4.1%689th of 853 in MN
Uninsured rate1.3%
2nd
StrengthU.S. 8.4% · MN 4.7%797th of 853 in MN

Measure	55340	Hennepin	MN	U.S.	National percentile	Rank in MN
Work from home	38%	25.2%	17.6%	15.1%	99th	3rd of 852
Median household incomeStrength	$178,553	$97,653	$89,062	$80,734	98th	3rd of 846
Homeownership rateStrength	92.3%	62.7%	72.2%	65.2%	98th	124th of 851
Residents under 18	31.4%	21.6%	22.9%	22%	97th	44th of 854
Median earnings per workerStrength	$95,436	$61,640	$54,389	$49,666	97th	7th of 851
Per capita incomeStrength	$81,439	$59,401	$48,237	$44,673	95th	13th of 853
Bachelor's degree or higherStrength	63%	54.1%	39.4%	35.7%	91st	31st of 854
Tech workers	6.9%	6.1%	4%	3.8%	90th	36th of 852
Broadband accessStrength	96%	92.8%	91.6%	91%	85th	49th of 851
Median home value	$639,100	$392,900	$329,300	$332,700	84th	9th of 842
Income inequality (Gini)Weakness	0.479	0.482	0.453	0.483	80th	67th of 848
Self-employed workers	10.9%	9.1%	9.3%	10%	68th	490th of 852
Foreign-born residents	16.4%	13.6%	8.7%	14.1%	67th	38th of 854
Average commute	26.6 min	21.9 min	22.7 min	26.4 min	54th	277th of 849
Median gross rent	$1,452	$1,487	$1,280	$1,413	53rd	98th of 757
Median age	39.4	37.6	38.8	38.9	53rd	583rd of 854
Healthcare workers	9.7%	9.8%	10.9%	9.7%	53rd	458th of 852
Rent-burdened renters	51%	47.6%	48.1%	51.1%	51st	237th of 828
Residents 65 and older	15.6%	15.6%	17.3%	17.2%	43rd	660th of 854
Diversity index	41.9	54.4	41.1	61.4	39th	124th of 854
Population density	286/sq mi	2,291/sq mi	72/sq mi	95/sq mi	25th	177th of 854
Veterans	3.8%	4.5%	5.9%	6.2%	24th	778th of 854
Poverty rate	6.7%	10%	9.3%	12.5%	23rd	554th of 852
Population	10,183	1,269,496	5,739,445	334,922,499	16th	166th of 854
Government workers	9.4%	11.5%	12.9%	14.5%	14th	700th of 852
Housing vacancy	2%	5.6%	9.3%	10.1%	4th	806th of 851
Unemployment rateStrength	1.6%	4.5%	4.1%	5.2%	3rd	689th of 853
Uninsured rateStrength	1.3%	4.5%	4.7%	8.4%	2nd	797th of 853

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

24%

5–17

18–24

25–34

21%

35–44

11%

45–54

12%

55–64

65–74

75+

Median age

39.4

Under 18

31.4%

65 and over

15.6%

Race and ethnicity

White74%
Black4%
Hispanic2%
Asian16%
Native American0.1%
Pacific Islander0%
Other0.1%
Multiracial4%

Diversity index

41.9

U.S. 61.4

Foreign-born

16.4%

U.S. 14.1%

Born in state

64%

Language spoken at home (households)

English only

82%

Spanish

Other Indo-European

Asian / Pacific

Other

Households

Households: 3,514
Average household size: 2.9
Family households: 81.9%
Married couples: 71.3%
Living alone: 16.5%
Veterans (of adults): 3.8%
Male / female: 49% / 51%

Income and poverty

Household income distribution

<$25k

$25–50k

$50–75k

$75–100k

14%

$100–150k

15%

$150–200k

13%

$200k+

40%

Median household income

55340

$178,553

Hennepin Co.

$97,653

Minnesota

$89,062

United States

$80,734

Per capita income

$81,439

U.S. $44,673

Poverty rate

6.7%

U.S. 12.5%

Households earning $150K+

52.8%

U.S. 23%

Income inequality (Gini)

0.479

U.S. 0.483

Housing

Median home value

55340

$639,100

Hennepin Co.

$392,900

Minnesota

$329,300

United States

$332,700

Median gross rent

55340

$1,452

Hennepin Co.

$1,487

Minnesota

$1,280

United States

$1,413

Types of housing

Single-family

90%

2–4 units

5–19 units

20+ units

Mobile home

Boat, RV, van

Housing units: 3,584
Owner-occupied: 92.3%
Vacant: 2%
Median year built: 2003
Median rooms: 7.9
Renters paying 30%+ of income: 51%
Renters paying 50%+ of income: 42.6%
Home value to income: 3.6× (U.S. 4.1×)

Work and commute

How people get to work

Drove alone

53%

Carpooled

Transit

Walked

0.3%

Bicycle

Worked from home

38%

Other

Commute time (one way)

<10 min

10–19

19%

20–29

28%

30–44

30%

45–59

10%

60+

Average commute

26.6 min

U.S. 26.4 min

Unemployment

1.6%

U.S. 5.2%

In labor force

65.2%

U.S. 63.5%

Jobs and careers

What employed residents do, wherever they work

Occupations

Management

23%

Sales

11%

Healthcare

10%

Business and finance

Computer and math

Production

Office and admin

Engineering and science

Education

Transportation and moving

Construction and repair

Cleaning and personal care

Food service

Legal and social services

Arts, media and sports

Police and fire

Farming, fishing and forestry

Industries

Manufacturing

25%

Retail

11%

Health care and social assistance

10%

Finance, insurance and real estate

10%

Professional and technical services

Education

Other services

Wholesale

Construction

Admin, support and management

Transportation, warehousing and utilities

Public administration

Restaurants and hotels

Agriculture and mining

Arts and recreation

0.8%

Information

0.3%

Median earnings per worker

$95,436

U.S. $49,666

Self-employed

10.9%

U.S. 10%

Government workers

9.4%

U.S. 14.5%

Nonprofit workers

5.9%

U.S. 8.8%

Median earnings by type of work

Type of work	55340	U.S.
Management, business, science and arts	$106,332	$74,888
Service	$23,059	$26,804
Sales and office	$69,000	$40,476
Construction and maintenance	$86,394	$49,199
Production and transportation	$65,054	$39,989

Education, internet and health coverage

Highest education (adults 25+)

No diploma

High school

10%

Some college

14%

Associate's

Bachelor's

40%

Graduate

23%

High school graduate or higher: 96.7%
Bachelor's degree or higher: 63%
Graduate or professional degree: 23%
Households with broadband: 96%
Cable, fiber or DSL: 86.8%
No internet access: 2.6%
Without health insurance: 1.3%
Limited-English households: 1.1%

Geography

City (USPS): Hamel
State: Minnesota
County: Hennepin County
Center point: 45.0783° N, 93.5721° W
Land area: 36 sq mi
Water area: 0.6 sq mi
Time zone: Central Time (UTC-6, UTC-5 in summer)
Zip type: Residential delivery area

Cities and towns within this zip

Corcoran62% of zip
Medina38% of zip

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

Zip codes near 55340

Search by radius

Zip	City	Distance	Population	IncomeMedian income	Home value
55311	Maple Grove, MN	4.1 mi	38,472	$153,568	$487,300
55446	Minneapolis, MN	4.8 mi	28,247	$170,625	$583,500
55357	Loretto, MN	5.3 mi	3,419	$152,500	$530,200
55356	Long Lake, MN	5.7 mi	5,696	$156,622	$707,800
55348	Maple Plain, MN · PO box	6.4 mi	—	—	—
55392	Navarre, MN · PO box	6.5 mi	—	—	—
55570	Maple Plain, MN · PO box	6.5 mi	—	—	—
55571	Maple Plain, MN · PO box	6.5 mi	—	—	—
55573	Young America, MN · PO box	6.5 mi	—	—	—
55574	Maple Plain, MN · PO box	6.5 mi	—	—	—
55576	Maple Plain, MN · PO box	6.5 mi	—	—	—
55577	Maple Plain, MN · PO box	6.5 mi	—	—	—

Zip codes like 55340 elsewhere

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

Questions about 55340

What city is zip code 55340?

55340 is assigned to Hamel, Minnesota. The city name is the one the Postal Service prefers for mail addressed to this zip code.

What county is 55340 in?

55340 is in Hennepin County, Minnesota.

What is the population of 55340?

About 10,183 people live in 55340, according to the Census Bureau's American Community Survey.

What time zone is 55340 in?

55340 is in Central Time.

What is the median household income in 55340?

The median household income in 55340 is $178,553.

What zip codes are near 55340?

The closest zip codes to 55340 are 55311, 55446, 55357, 55356, 55348.

Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 55340, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.