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Zip Code 55343 Map And Demographics

Home»Minnesota State»Hennepin County»Hopkins»Zip Code 55343
  • Population
    24,724
  • Density
    3,273 / sqml.
  • Med. Home Value
    $219,000
  • Med. Rent
    $938

Zip Code Rankings

The table shows the top 5 positions of zip code 55343 on our zip code ranking charts. For example, a rank of 10 means that a zip code ranks #10 on the list of the top zip codes in America for a particular value. The lists were created for all zip codes in America with the population of 1000 residents or higher.

Rank Report Value
#942 Top Zip Codes With The Most Business Establishments 1201
#1,818 Top Zip Codes With The Highest Owner-to-tenant Housing Occupied Ratio 1:1.06
#2,890 Top Zip Codes With The Highest Percentage Of People Who Use Public Transportation 4.54%
#2,977 Top Zip Codes With The Largest Population Density 3,273
#3,015 Top Zip Codes With The Highest Percentage Of College Undergrads 7.04%

Population breakdown by gender

Population in zip code 55343 is 24,724 residents | Male to Female ratio is 1:1.10 | Zip Code 55343 land area is 7.5548 sq. miles | Population density is 3,272.62 residents per square mile

Median age

  Median Age
Zip Code Median Age 36
Median Age - Male 34.5
Median Age - Female 36.6

Median age of zip code 55343 is 13% lower compared to nearby zip codes and 3.2% lower compared to the United States median age. Comparing gender-specific madian age yields the following results. Male median age of zip code 55343 is 13.5% lower compared to nearby zip codes and 3.6% lower compared to the United States male median age. Female zip code 55343 median age is 14.5% lower in comparison to nearby zip codes and 4.9% lower compared to female national median age average.

Population breakdown by age

Racial makeup

Race Count
White population 18155
Black or African American population 3158
Asian population 1496
American Indian and Alaska Native population 138
Native Hawaiian and other Pacific Islander population 0
Other population 722

Region of birth

Ancestry distribution

Ancestry Percent Ancestry Percent
Arab 0.3% Czech 3.1%
Danish 1.5% Dutch 1.8%
English 8.1% French No Basque 4.1%
French Canadian 1.3% German 30.1%
Greek 0.4% Hungarian 0.2%
Irish 12.6% Italian 2.2%
Lithuanian 0.2% Norwegian 15.5%
Polish 4.2% Portuguese 0%
Russian 1.9% Scotch-Irish 1.7%
Scottish 1.9% Slovak 0.1%
Subsaharan African 2.1% Swedish 9.5%
Swiss 0.5% Ukrainian 0.3%
USA 1.9% Welsh 0.5%
West Indian No Hispanic Groups 0% Other Ancestries 21.4%

Family type by presence of children under 18 by age

Family Type Distribution
Total families 5933
Married couples 67.55%
Other couples 32.45%

Family and household income distribution

  Family income (%) Household income (%)
$30,000 or less 15.68% 23.2%
$30,000 and $50,000 16.01% 21.85%
$50,000 and $100,000 34.5% 30.65%
$100,000 and $200,000 28.72% 21.04%
$200,000 or more 5.09% 3.26%

Households by size

Household language

Language Spoken Percent
English language 81.8%
Spanish language 5.95%
Other European language 4.01%
Asian language 2.89%
Other language 5.35%

Population by housing unit

Housing Unit Percent
Total Occupied housing units 11403
Detached housing units 34.19%
Attached housing units 12.52%
2 units 1.94%
3 - 4 units 4.38%
5 - 9 units 7.45%
10 - 19 units 4.9%
20 - 49 units 14.04%
50 or more units 20.47%
Mobile homes 0%
Boats, RVs, Vans 0.1%

Means of transportation to work

Means Percent
Use car, track or Van 87.7%
Use public transportation 4.54%
Use Motorcycle 0.27%
Use bicycle 0.54%
Walk to work 2.19%
Work at home 4.77%

School attendance

Attendance Percent
Attent Preschool programs 3.47%
Attend Public School 13.81%
Attend college undergraduate program 7.04%
Attent graduate studies 1.61%
Not enrolled in school 74.07%

Highest school attainment

Attainment Percent
Less then 9th grade 3.13%
Grade 9 to 12, no diploma 4.28%
High school diploma 19.92%
Some college, no degree 25.58%
Associate degree 10.42%
Bachelor's degree 34.09%
Graduate or professional degree 2.58%

Business Counts by Industry

Industry Type Count
Total of all sectors 1,201
Professional, Scientific, and Technical Services 166
Wholesale Trade 149
Retail Trade 137
Other Services (except Public Administration) 118
Finance and Insurance 103
Construction 85
Manufacturing 81
Health Care and Social Assistance 78
Accommodation and Food Services 74
Real Estate and Rental and Leasing 61
Administrative and Support and Waste Management and Remediation Services 54
Information 34
Management of Companies and Enterprises 26
Arts, Entertainment, and Recreation 16
Educational Services 9
Transportation and Warehousing 8
Utilities 1
Industries not classified 1

Real Estate

Metric Value
Housing occupied 94.68%
Housing vacant 5.32%
Housing occupied by owner 48.52%
Housing occupied by tenant 51.48%
Total Rented Units 5870
Median Contract Gross Rent $887
Median Gross Rent $938
Median Home Value $219,000

Contract rent is the monthly cash rent agreed to, regardless of any furnishings, utilities, fees, meals, or services that may be included. Gross rent is the contract rent plus the estimated average monthly cost of utilities and fuels if these are paid by the renter. In zip code 55343 median gross rent is 5.75% larger then the median contract rent.

Average estimated apartment rent

Apartment Type Average Rent
Studio $640
1 Bedroom $750
2 Bedrooms $910
3 Bedrooms $1,190
4 Bedrooms $1,340
AVERAGE RENT $966

Average rent in zip code 55343 ($966.00) is 14.2% lower compared to nearby zip codes and 3.3% higher compared to the average rent in the US. The following illustrates how zip code 55343 rent compares to the nearby zip code rents by unit type: studio apartment rent is 13.9% lower, one bedroom apartment rent is 14.2% lower, two bedroom rent is 14.3% lower, three bedroom rent is 14.4% lower, four bedroom rent is 14.2% lower.

Housing units

Housing Unit Percent
Total housing units 12044
Detached housing units 33.73%
Attached housing units 12.21%
2 units 2.17%
3 - 4 units 4.15%
5 - 9 units 7.06%
10 - 19 units 5.04%
20 - 49 units 14.22%
50 or more units 21.33%
Mobile homes 0%
Boats, RVs, Vans 0.09%

Real Estate taxes paid

Tax Amount
Total Real Estate Taxes $16,461,800
Real estate taxes paid for units with a mortgage $12,604,600
Real estate taxes paid for units with no mortgage $3,857,200

Nearby Zip Code Income Per Capita Comparison

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