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ZIP Code 55340

Primary City:Hamel, MN (View All Cities)
County: Hennepin County
Timezone: Central (4:35am)
Coordinates:45.08, -93.58
ZIP (~6 mile radius)

Cities in ZIP code 55340

The cities below are at least partially located in ZIP code 55340. In addition to the primary city for a ZIP code, USPS also publishes a list of other acceptable cities that can be used with ZIP code 55340. However, if you are mailing something to ZIP code 55340, you should not use any of the cities listed as unacceptable. Choose from the primary or acceptable cities when mailing your package or letter.

Primary city:
Hamel, MN
Acceptable:
Corcoran, Medina

Stats and Demographics for the 55340 ZIP Code

ZIP code 55340 is located in south Minnesota and covers a slightly less than average land area compared to other ZIP codes in the United States. It also has a slightly less than average population density.

The people living in ZIP code 55340 are primarily white. The number of middle aged adults is extremely large while the number of people in their late 20s to early 40s is large. There are also an extremely large number of families and a small number of single adults. The percentage of children under 18 living in the 55340 ZIP code is large compared to other areas of the country.

Population 6,327
Population Density 175 people per sq mi
Housing Units 2,236
Median Home Value $325,900
Land Area 36.12 sq mi
Water Area 0.65 sq mi
Occupied Housing Units 2,162
Median Household Income $112,196

Estimated Population over Time

Total Population by Age

Median Age: 43Male Median Age: 42Female Median Age: 43

Under 55-910-1415-1920-2425-2930-3435-3940-4445-4950-5455-5960-6465-6970-7475-7980-8485 Plus
Male1512823012741361169713924335237125919011985433223
Female162239317265978910715227438932321116311387563931
Total313521618539233205204291517741694470353232172997154

Gender

 Male 3,213 51%
 Female 3,114 49%
Gender

Race

 White 5,810 91.8%
 Black Or African American 60 0.9%
 American Indian Or Alaskan Native 18 0.3%
 Asian 245 3.9%
 Native Hawaiian & Other Pacific Islander 2 0.0%
 Other Race 99 1.6%
 Two Or More Races 93 1.5%
Race

Head of Household by Age

15-2425-3435-4445-5455-6465-7475-8485 Plus
Owner711333670345322711633
Renter7424054131332
Total1415537675746624011935

Families vs Singles

 Husband Wife Family Households 1,581 73%
 Single Guardian 185 9%
 Singles 312 14%
 Singles With Roommate 84 4%
Families vs Singles

Households with Kids

Average Household Size: 3
 Households without Kids 1,298 60%
 Households with Kids 864 40%
Households with Kids

Children by Age

1234567891011121314151617181920
Male2526384147614960655275625557636767542326
Female2725414249424838625962596869567365452614
Total52517983961039798127111137121123126119140132994940

Real Estate and Housing

ZIP code 55340 has a small percentage of vacancies.

The majority of household are owned or have a mortgage. Homes in ZIP code 55340 were primarily built in the 2000s. Looking at 55340 real estate data, the median home value of $325,900 is high compared to the rest of the country. It is also slightly less than average compared to nearby ZIP codes. 55340 could be an area to look for cheap housing compared to surrounding areas. Rentals in 55340 are most commonly 3+ bedrooms. The rent for 3+ bedrooms is normally $1,000+/month including utilities. Prices for rental property include ZIP code 55340 apartments, townhouses, and homes that are primary residences.

Housing Type

 In Occupied Housing Units 6,327 100%
 Correctional Facility For Adults 0 0%
 Juvenile Facilities 0 0%
 Nursing Facilities 0 0%
 Other Institutional 0 0%
 College Student Housing 0 0%
 Military Quarters 0 0%
 Other Noninstitutional 0 0%
Housing Type

Year Housing was Built

Housing Occupancy

 Owned Households With A Mortgage 1,471 66%
 Owned Households Free & Clear 517 23%
 Renter Occupied Households 174 8%
 Households Vacant 74 3%
Housing Occupancy

Vacancy Reasons

 For Rent 6 8%
 Rented & Unoccupied 1 1%
 For Sale Only 31 42%
 Sold & Unoccupied 3 4%
 For Season Recreational Or Occasional Use 14 19%
 For Migrant Workers 0 0%
 Vacant For Other Reasons 19 26%
Vacancy Reasons

Owner Occupied Home Values

Rental Properties by Number of Rooms

 Studio Apartment 0 0%
 1 Bedroom 9 7%
 2 Bedroom 7 5%
 3+ Bedroom 113 88%
Rental Properties by Number of Rooms

Cost of Monthly Rent Including Utilities

Cost of a Studio Apartment

Cost of a 1 Bedroom

Cost of a 2 Bedroom

Cost of a 3+ Bedroom

Employment, Income, Earnings, and Work

The median household income of $112,196 is compared to the rest of the country. It is also compared to nearby ZIP codes. So 55340 is likely to be one of the nicer parts of town with a more affluent demographic.

As with most parts of the country, vehicles are the most common form of transportation to places of employment. In most parts of the country, the majority of commuters get to work in under half an hour. Most commuters in 55340 can expect to fall in that range. There are a slightly smaller percentage of employees that have to travel over 45 minutes to reach their place of employment.

Employment Status

 Worked Full-time with Earnings 2,023 41%
 Worked Part-time with Earnings 1,564 31%
 No Earnings 1,391 28%
Employment Status

Average Household Income over Time

Household Income

Annual Individual Earnings

Sources of Household Income

Percent of Households Receiving Income

Average Income per Household by Income Source

* Only taxable income is reported.

Household Investment Income

Percent of Households Receiving Investment Income

Average Income per Household by Income Source

* Only taxable income is reported.

Household Retirement Income

Percent of Households Receiving Retirement Income

Average Income per Household by Income Source

* Only taxable income is reported.

Source of Earnings

 Worked Full-time with Earnings 2,023 41%
 Worked Part-time with Earnings 1,564 31%
 No Earnings 1,391 28%
Source of Earnings

Means Of Transportation To Work for Workers 16 and Over

 Car, truck, or van 2,680 88.7%
 Public transportation 5 0.2%
 Taxicab 0 0.0%
 Motorcycle 0 0.0%
 Bicycle, Walked, or Other Means 130 4.3%
 Worked at Home 205 6.8%
Means Of Transportation To Work for Workers 16 and Over

Travel Time to Work (In Minutes)

Schools and Education

The area has some of the highest percentages of people who attended college of any ZIP.

Educational Attainment For The Population 25 Years And Over

 Less than High School Diploma 146 7%
 High School Graduate 861 42%
 Associate's degree 113 6%
 Bachelor's degree 647 32%
 Master's degree 123 6%
 Professional school degree 98 5%
 Doctorate degree 49 2%
Educational Attainment For The Population 25 Years And Over

School Enrollment (Ages 3 to 17)

 Enrolled in Public School 1,127 67.4%
 Enrolled in Private School 496 29.7%
 Not Enrolled in School 49 2.9%
School Enrollment (Ages 3 to 17)

Schools in ZIP Code 55340

ZIP Code 55340 is in the Private. There are 1 different elementary schools and high schools with mailing addresses in ZIP code 55340.

St John'S Lutheran School
9141 County Road 101
Corcoran, MN 55340
Grade Level: Primary/Elementary
District: Private

Nearby ZIP Codes