Zip code 55387: Waconia, Minnesota

Q: What city is zip code 55387?

55387 is assigned to Waconia, Minnesota. The city name is the one the Postal Service prefers for mail addressed to this zip code.

Q: What county is 55387 in?

55387 is mostly in Carver County, but it extends into 1 other county.

Q: What is the population of 55387?

About 15,030 people live in 55387, according to the Census Bureau's American Community Survey.

Q: What is the median household income in 55387?

The median household income in 55387 is $114,511.

Q: What zip codes are near 55387?

The closest zip codes to 55387 are 55375, 55550, 55551, 55553, 55554.

Residential delivery areaCarver CountyCentral Time

Population

15,030

Median household income

$115K

U.S. $81K

Median home value

$440K

U.S. $333K

Median rent

$1,330/mo

U.S. $1,413

Median age

39.3

U.S. 38.9

Land area

32 sq mi

477 people/sq mi

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

About 55387

55387 is a small-town zip code in Waconia, Minnesota (Carver County), covering 32 sq mi of land. About 15,030 people live here, or 477 per square mile. The median resident is 39.3 years old, compared with 38.9 nationally.

The median household earns $114,511 a year, 42% above the national median of $80,734. 3.9% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $440,300, or 3.8 years of median household income (U.S.: 4.1 years), which makes homes about as affordable as the national average for local earners. 82% of occupied homes are lived in by their owners, and renters pay a median of $1,330 a month.

48% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 25.1 minutes each way, and 21% of workers work from home. The most common jobs among working residents are in management, healthcare and sales.

How 55387 compares

Sorted from highest to lowest national percentile

Median earnings per worker$68,828
86th
StrengthU.S. $49,666 · MN $54,38947th of 851 in MN
Homeownership rate82.2%
83rd
StrengthU.S. 65.2% · MN 72.2%496th of 851 in MN
Median household income$114,511
82nd
StrengthU.S. $80,734 · MN $89,06273rd of 846 in MN
Healthcare workers12%
81st
U.S. 9.7% · MN 10.9%264th of 852 in MN
Per capita income$54,619
79th
U.S. $44,673 · MN $48,23791st of 853 in MN
Work from home20.6%
79th
U.S. 15.1% · MN 17.6%122nd of 852 in MN
Bachelor's degree or higher48.4%
77th
U.S. 35.7% · MN 39.4%89th of 854 in MN
Residents under 1824.8%
73rd
U.S. 22% · MN 22.9%263rd of 854 in MN
Median home value$440,300
68th
U.S. $332,700 · MN $329,30053rd of 842 in MN
Broadband access93.6%
63rd
U.S. 91% · MN 91.6%140th of 851 in MN
Median age39.3
52nd
U.S. 38.9 · MN 38.8590th of 854 in MN
Tech workers2.7%
47th
U.S. 3.8% · MN 4%229th of 852 in MN
Median gross rent$1,330
45th
U.S. $1,413 · MN $1,280143rd of 757 in MN
Residents 65 and older15.9%
45th
U.S. 17.2% · MN 17.3%645th of 854 in MN
Average commute25.1 min
44th
U.S. 26.4 min · MN 22.7 min362nd of 849 in MN
Unemployment rate4.3%
39th
U.S. 5.2% · MN 4.1%293rd of 853 in MN
Population density477/sq mi
32nd
U.S. 95/sq mi · MN 72/sq mi152nd of 854 in MN
Veterans4.3%
30th
U.S. 6.2% · MN 5.9%736th of 854 in MN
Rent-burdened renters44.2%
27th
U.S. 51.1% · MN 48.1%364th of 828 in MN
Government workers10.8%
25th
U.S. 14.5% · MN 12.9%601st of 852 in MN
Income inequality (Gini)0.405
25th
U.S. 0.483 · MN 0.453471st of 848 in MN
Population15,030
23rd
U.S. 334,922,499 · MN 5,739,445134th of 854 in MN
Self-employed workers6.8%
17th
U.S. 10% · MN 9.3%750th of 852 in MN
Foreign-born residents2.7%
16th
U.S. 14.1% · MN 8.7%323rd of 854 in MN
Diversity index17.1
10th
U.S. 61.4 · MN 41.1483rd of 854 in MN
Housing vacancy2.7%
8th
U.S. 10.1% · MN 9.3%783rd of 851 in MN
Uninsured rate2.3%
7th
StrengthU.S. 8.4% · MN 4.7%700th of 853 in MN
Poverty rate3.9%
6th
StrengthU.S. 12.5% · MN 9.3%751st of 852 in MN

Measure	55387	Carver	MN	U.S.	National percentile	Rank in MN
Median earnings per workerStrength	$68,828	$69,607	$54,389	$49,666	86th	47th of 851
Homeownership rateStrength	82.2%	81.5%	72.2%	65.2%	83rd	496th of 851
Median household incomeStrength	$114,511	$125,946	$89,062	$80,734	82nd	73rd of 846
Healthcare workers	12%	9.3%	10.9%	9.7%	81st	264th of 852
Per capita income	$54,619	$60,893	$48,237	$44,673	79th	91st of 853
Work from home	20.6%	23.5%	17.6%	15.1%	79th	122nd of 852
Bachelor's degree or higher	48.4%	50.4%	39.4%	35.7%	77th	89th of 854
Residents under 18	24.8%	25.2%	22.9%	22%	73rd	263rd of 854
Median home value	$440,300	$453,600	$329,300	$332,700	68th	53rd of 842
Broadband access	93.6%	94.7%	91.6%	91%	63rd	140th of 851
Median age	39.3	39	38.8	38.9	52nd	590th of 854
Tech workers	2.7%	4.7%	4%	3.8%	47th	229th of 852
Median gross rent	$1,330	$1,514	$1,280	$1,413	45th	143rd of 757
Residents 65 and older	15.9%	14.5%	17.3%	17.2%	45th	645th of 854
Average commute	25.1 min	25.6 min	22.7 min	26.4 min	44th	362nd of 849
Unemployment rate	4.3%	3.1%	4.1%	5.2%	39th	293rd of 853
Population density	477/sq mi	311/sq mi	72/sq mi	95/sq mi	32nd	152nd of 854
Veterans	4.3%	4.8%	5.9%	6.2%	30th	736th of 854
Rent-burdened renters	44.2%	42.9%	48.1%	51.1%	27th	364th of 828
Government workers	10.8%	9.4%	12.9%	14.5%	25th	601st of 852
Income inequality (Gini)	0.405	0.422	0.453	0.483	25th	471st of 848
Population	15,030	110,041	5,739,445	334,922,499	23rd	134th of 854
Self-employed workers	6.8%	8.5%	9.3%	10%	17th	750th of 852
Foreign-born residents	2.7%	5.6%	8.7%	14.1%	16th	323rd of 854
Diversity index	17.1	26.4	41.1	61.4	10th	483rd of 854
Housing vacancy	2.7%	2.6%	9.3%	10.1%	8th	783rd of 851
Uninsured rateStrength	2.3%	2.1%	4.7%	8.4%	7th	700th of 853
Poverty rateStrength	3.9%	4.4%	9.3%	12.5%	6th	751st 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

12%

25–34

15%

35–44

12%

45–54

14%

55–64

10%

65–74

75+

Median age

39.3

Under 18

24.8%

65 and over

15.9%

Race and ethnicity

White91%
Black0.8%
Hispanic4%
Asian0.2%
Native American0%
Pacific Islander0%
Other0.1%
Multiracial5%

Diversity index

17.1

U.S. 61.4

Foreign-born

2.7%

U.S. 14.1%

Born in state

72.3%

Language spoken at home (households)

English only

95%

Spanish

Other Indo-European

Asian / Pacific

0.6%

Other

Households

Households: 5,746
Average household size: 2.6
Family households: 73.6%
Married couples: 62.6%
Living alone: 21.3%
Veterans (of adults): 4.3%
Male / female: 50% / 50%

Income and poverty

Household income distribution

<$25k

$25–50k

17%

$50–75k

11%

$75–100k

$100–150k

17%

$150–200k

19%

$200k+

21%

Median household income

55387

$114,511

Carver Co.

$125,946

Minnesota

$89,062

United States

$80,734

Per capita income

$54,619

U.S. $44,673

Poverty rate

3.9%

U.S. 12.5%

Households earning $150K+

39.5%

U.S. 23%

Income inequality (Gini)

0.405

U.S. 0.483

Housing

Median home value

55387

$440,300

Carver Co.

$453,600

Minnesota

$329,300

United States

$332,700

Median gross rent

55387

$1,330

Carver Co.

$1,514

Minnesota

$1,280

United States

$1,413

Types of housing

Single-family

85%

2–4 units

5–19 units

20+ units

Mobile home

0.3%

Boat, RV, van

0.3%

Housing units: 5,904
Owner-occupied: 82.2%
Vacant: 2.7%
Median year built: 2000
Median rooms: 7.3
Renters paying 30%+ of income: 44.2%
Renters paying 50%+ of income: 13.3%
Home value to income: 3.8× (U.S. 4.1×)

Work and commute

How people get to work

Drove alone

75%

Carpooled

Transit

0.5%

Walked

Bicycle

0.2%

Worked from home

21%

Other

0.1%

Commute time (one way)

<10 min

27%

10–19

18%

20–29

16%

30–44

20%

45–59

11%

60+

Average commute

25.1 min

U.S. 26.4 min

Unemployment

4.3%

U.S. 5.2%

In labor force

72.7%

U.S. 63.5%

Jobs and careers

What employed residents do, wherever they work

Occupations

Management

17%

Healthcare

12%

Sales

12%

Business and finance

10%

Office and admin

Education

Cleaning and personal care

Construction and repair

Engineering and science

Food service

Transportation and moving

Computer and math

Arts, media and sports

Production

Legal and social services

Police and fire

Farming, fishing and forestry

0.0%

Industries

Health care and social assistance

18%

Manufacturing

15%

Professional and technical services

11%

Retail

11%

Education

10%

Finance, insurance and real estate

Construction

Restaurants and hotels

Public administration

Admin, support and management

Arts and recreation

Transportation, warehousing and utilities

Wholesale

Agriculture and mining

Other services

Information

Median earnings per worker

$68,828

U.S. $49,666

Self-employed

6.8%

U.S. 10%

Government workers

10.8%

U.S. 14.5%

Nonprofit workers

8.8%

U.S. 8.8%

Median earnings by type of work

Type of work	55387	U.S.
Management, business, science and arts	$85,205	$74,888
Service	$23,452	$26,804
Sales and office	$57,656	$40,476
Construction and maintenance	$61,523	$49,199
Production and transportation	$41,731	$39,989

Education, internet and health coverage

Highest education (adults 25+)

No diploma

High school

18%

Some college

21%

Associate's

11%

Bachelor's

34%

Graduate

14%

High school graduate or higher: 98.4%
Bachelor's degree or higher: 48.4%
Graduate or professional degree: 14.2%
Households with broadband: 93.6%
Cable, fiber or DSL: 75.9%
No internet access: 4.6%
Without health insurance: 2.3%
Limited-English households: 0%

Geography

City (USPS): Waconia
State: Minnesota
County: Carver County
Center point: 44.8612° N, 93.7840° W
Land area: 32 sq mi
Water area: 7.4 sq mi
Time zone: Central Time (UTC-6, UTC-5 in summer)
Zip type: Residential delivery area

55387 spans 2 counties

Carver County99% of land
Hennepin County1% of land

Cities and towns within this zip

Waconia16% of zip

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

Zip codes near 55387

Search by radius

Zip	City	Distance	Population	IncomeMedian income	Home value
55375	Saint Bonifacius, MN	3.7 mi	4,326	$130,893	$425,700
55550	Young America, MN · PO box	3.9 mi	—	—	—
55551	Young America, MN · PO box	3.9 mi	—	—	—
55553	Young America, MN · PO box	3.9 mi	—	—	—
55554	Norwood, MN · PO box	3.9 mi	—	—	—
55558	Young America, MN · PO box	3.9 mi	—	—	—
55568	Young America, MN · PO box	3.9 mi	—	—	—
55583	Norwood, MN · PO box	3.9 mi	—	—	—
55594	Young America, MN · PO box	3.9 mi	—	—	—
55386	Victoria, MN	5.9 mi	10,077	$192,458	$565,900
55322	Cologne, MN	6.2 mi	3,775	$124,861	$426,200
55388	Watertown, MN	7.2 mi	5,893	$99,375	$356,900

Zip codes like 55387 elsewhere

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

Questions about 55387

What city is zip code 55387?

55387 is assigned to Waconia, Minnesota. The city name is the one the Postal Service prefers for mail addressed to this zip code.

What county is 55387 in?

55387 is mostly in Carver County, but it extends into 1 other county.

What is the population of 55387?

About 15,030 people live in 55387, according to the Census Bureau's American Community Survey.

What time zone is 55387 in?

55387 is in Central Time.

What is the median household income in 55387?

The median household income in 55387 is $114,511.

What zip codes are near 55387?

The closest zip codes to 55387 are 55375, 55550, 55551, 55553, 55554.

Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 55387, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.