Zip Code

55387

City

Waconia, MN

Population & Migration

What is the forecasted population for Zip code 55387 Waconia, MN?

Population census 2020
13,501
Forecasted population 2025
15,411
14.1% vs. 2020
Forecasted population 2030
16,244
20.3% vs. 2020

Zip code 55387 Waconia, MN population is forecasted to grow 14.1% by 2025 (9.4 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 15,411 people for 2025 zip code 55387 Waconia, MN will generate a good demand for housing, which is expected to have a deficit of 1,039 houses for 2030. Vacancy rate is 7.1 points below national US average.

Total homes available 2020
5,116
Estimated total home demand in 2030
6,155
Total homes balance inventory
1,039

Average Household Income in zip code 55387 Waconia, MN
from Internal Revenue Service

Average household income in 2021
$118,156

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 55387 Waconia, MN?

County total number of drinking water violations

11

-95%

232

County total number of drinking water contaminations

7

-68%

22

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