Zip Code

55345

City

Minnetonka, MN

Population & Migration

What is the forecasted population for Zip code 55345 Minnetonka, MN?

Population census 2020
22,081
Forecasted population 2025
21,703
-1.7% vs. 2020
Forecasted population 2030
22,120
0.2% vs. 2020

Zip code 55345 Minnetonka, MN population is forecasted to decrease -1.7% by 2025 (-6.4 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 21,703 people for 2025 zip code 55345 Minnetonka, MN will generate a good demand for housing, which is expected to have a deficit of 1,211 houses for 2030. Vacancy rate is 6.5 points below national US average.

Total homes available 2020
9,102
Estimated total home demand in 2030
10,313
Total homes balance inventory
1,211

Average Household Income in zip code 55345 Minnetonka, MN
from Internal Revenue Service

Average household income in 2021
$148,889

Affordability

Affordability Index
3

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 55345 Minnetonka, MN?

County total number of drinking water violations

41

-80%

200

County total number of drinking water contaminations

6

-71%

21

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