55345 ZIP Code — Minnetonka, MN

Hennepin County, Minnesota

ZIP code 55345 is located in Minnetonka, Minnesota, within Hennepin County. It covers approximately 11.37 square miles and serves a population of 21,440 residents. This is a po box ZIP code in the Central (CT) timezone, served by area code 612/651/763.

About ZIP code 55345

The housing stock consists of predominantly single-family detached homes. Most homes were built in the 1950s, giving the area an established character. Median home value is $451,800. Owner-occupancy is high at 84%, well above the national average.

The gap between median ($134,288) and mean household income suggests income inequality — a small number of higher earners pull the average up. The poverty rate of 4% is below the national average. 34% of households receive Social Security income, suggesting a notable retiree or disability population.

The dominant occupation class is management, business, and professional, with education and healthcare as the leading industry. The average commute of 21 minutes is near the national average. Remote work is prevalent — 24% of workers work from home.

Educational attainment is high — 65% of residents hold a bachelor's degree or higher, well above the national average of 33%.

Overall, ZIP code 55345 reflects a community defined by a highly educated population, high homeownership, a high rate of remote workers, and a significant Social Security-dependent population.

21,440

population

11.37

sq mi land

PO Box

ZIP type

Central (CT)

timezone

55345 ZIP code map

Cities in ZIP code 55345

Below are the cities the US Postal Service accepts for ZIP code 55345. Using any city not on this list may result in mail delivery delays.

City	Status
Minnetonka	Acceptable
Minnetonka	Preferred

Nearby ZIP codes

55305 Hopkins (3.2 mi) 55343 Hopkins (3.6 mi) 55391 Wayzata (4.3 mi) 55436 Minneapolis (5.3 mi) 55426 Minneapolis (5.4 mi) 55317 Chanhassen (5.8 mi) 55447 Minneapolis (5.9 mi) 55439 Minneapolis (6.1 mi) 55441 Minneapolis (6.5 mi) 55424 Minneapolis (7.1 mi) 55331 Excelsior (7.1 mi) 55384 Spring Park (7.3 mi)

Demographics updated 05/2026

Population
Total population	21,440
Population density	1,886 / sq mi
State FIPS	27
County FIPS	053

Geography
Land area	11.37 sq mi
Water area	0.27 sq mi
Latitude	44.9191
Longitude	-93.4834
Timezone	Central (CT)
Area code	612/651/763

Total population by age

Gender

Race & ethnicity

Economics updated 05/2026

Household income

Income range	This ZIP	County avg	State avg
Under $50k	22.4%	30.5%	33.6%
$50k – $100k	22.9%	28.7%	31.5%
$100k – $200k	30.6%	27.6%	26.5%
Over $200k	24.0%	13.2%	8.5%

Demographics & statistics

21,440

Population

1,886

People per sq mi

43.9

Median age

$134,288

Median household income

$66,442

Per capita income

$451,800

Median home value

$1,477

Median monthly rent

84.0%

Home ownership

3.6%

Poverty rate

1.8%

Unemployment

7,572

Housing units

64.5%

Bachelor's or higher

Age distribution

Male Female

657

Under 5

667

766

5–9

777

789

10–14

801

571

15–19

580

250

20–24

253

934

25–34

948

1,509

35–44

1,531

1,505

45–54

1,526

773

55–59

784

757

60–64

768

1,301

65–74

1,320

514

75–84

522

316

85+

321

← Male

Female →

Age summary

Group	Count	%
Under 18	5,325	24.8%
18 and over	16,115	75.2%
65 and over	4,294	20.0%
Median age	43.9 years

Race & ethnicity

White 82.7%

Two or more races 6%

Asian 5.1%

Hispanic or Latino 3.2%

Black or African American 2.4%

Other race 0.5%

American Indian / Alaska Native 0.1%

Group	Count	%
White	18,305	82.7%
Two or more races	1,326	6%
Asian	1,132	5.1%
Hispanic or Latino	706	3.2%
Black or African American	542	2.4%
Other race	121	0.5%
American Indian / Alaska Native	14	0.1%

Household income

Income range	This ZIP	County avg	State avg
Under $50k	22.4%	30.5%	33.6%
$50k – $100k	22.9%	28.7%	31.5%
$100k – $200k	30.6%	27.6%	26.5%
Over $200k	24.0%	13.2%	8.5%

Under $10k 1.9%

$10k–$15k 2.5%

$15k–$25k 3.1%

$25k–$35k 3.8%

$35k–$50k 8.8%

$50k–$75k 9.0%

$75k–$100k 7.6%

$100k–$150k 19.5%

$150k–$200k 14.6%

$200k+ 29.2%

Range	% of households
Under $10k	1.9%
$10k–$15k	2.5%
$15k–$25k	3.1%
$25k–$35k	3.8%
$35k–$50k	8.8%
$50k–$75k	9.0%
$75k–$100k	7.6%
$100k–$150k	19.5%
$150k–$200k	14.6%
$200k+	29.2%
Median income	$134,288

Housing

Home values

Under $50k 0.4%

$50k–$100k 0.8%

$100k–$150k 0.8%

$150k–$200k 1.4%

$200k–$300k 10.2%

$300k–$500k 50.4%

$500k–$1M 32.8%

$1M+ 3.2%

Housing overview

Metric	Value
Median home value	$451,800
Median rent / month	$1,477
Owner occupied	84.0%
Renter occupied	16.0%
Vacant	4.5%
Single-family detached	76.2%
Large apartment buildings	14.1%
Mobile homes	0.1%
Median rooms	7.7
Avg household size (owned)	2.65

Year built

Era	%
2020 or later	0.6%
2010–2019	3.4%
2000–2009	3.1%
1990–1999	8.5%
1980–1989	19.4%
1970–1979	17.1%
1960–1969	20.4%
1950–1959	20.7%
1940–1949	2.2%
1939 or earlier	4.7%

Bedrooms

Size	% of units
No bedroom (studio)	0.4%
1 bedroom	8.5%
2 bedrooms	13.4%
3 bedrooms	30.0%
4 bedrooms	33.4%
5+ bedrooms	14.3%

Vehicles per household

Vehicles	% of households
No vehicle	6.3%
1 vehicle	25.7%
2 vehicles	49.5%
3 or more	18.5%

Heating fuel

Fuel type	%
Utility gas	83.7%
Electricity	13.7%
Propane / LP gas	1.0%
Fuel oil	0.1%
No fuel used	0.2%

Households & families

Household type	Count	%
Married-couple family	4,883	57.2%
Cohabiting couple	468	5.5%
Male householder, no spouse	1,045	12.2%
Female householder, no spouse	2,139	25.1%
Households with children under 18	2,856	33.5%
Households with seniors (65+)	3,164	37.1%
Average household size	2.50

Marital status

Status	Male	Female
Never married	24.9%	21.5%
Married	62.6%	55.9%
Separated	0.5%	0.1%
Widowed	3.1%	9.8%
Divorced	8.9%	12.6%

Education

Less than 9th grade 1.6%

Some HS, no diploma 1.4%

HS graduate 10.4%

Some college, no degree 15.0%

Associate's degree 7.1%

Bachelor's degree 37.4%

Graduate / professional 27.1%

Metric	%
HS diploma or higher	97.0%
Bachelor's or higher	64.5%

School enrollment (ages 3–17)

Type	Count	%
Nursery / preschool	504	9.9%
Kindergarten	224	4.4%
Elementary school	2,498	49.2%
High school	1,195	23.5%
College / grad school	656	12.9%

Employment

Industry of employment

Education & healthcare 27.3%

Professional & management 18.3%

Manufacturing 11.5%

Retail trade 9.8%

Finance & real estate 9.6%

Arts, food & hospitality 6.4%

Other services 3.8%

Wholesale trade 3.7%

Construction 3.6%

Transportation & utilities 2.2%

Public administration 2.0%

Information 1.2%

Agriculture & mining 0.5%

Occupation

Category	%
Management, business & arts	61.3%
Service	12.5%
Sales & office	16.5%
Natural resources & construction	4.0%
Production & transportation	5.6%

Employment type

Type	%
Private sector	80.8%
Government	10.7%
Self-employed	8.1%
Unpaid family workers	0.4%

Commute

Method	%
Drive alone	67.5%
Carpool	5.2%
Public transit	0.6%
Walk	1.9%
Work from home	23.9%
Other means	0.8%
Avg commute (minutes)	21.2

Poverty

All people 3.6%

Under 18 years 2.6%

18 and over 4.0%

Married-couple families 1.1%

Female-led households 5.3%

Income support

Source	% of households
Social Security	33.8%
Retirement income	24.2%
Supplemental Security	3.4%
Cash public assistance	2.2%
Food stamps / SNAP	2.1%

Health indicators

Condition	%
Obesity	25.5%
High blood pressure	26.7%
High cholesterol	30.8%
Diabetes	7.4%
Heart disease	5.2%
Stroke	2.4%
Asthma	8.4%
Arthritis	21.0%
Kidney disease	2.4%
Pulmonary disease	3.7%
Cancer	7.5%

Behavior / access	%
Smoking	10.7%
Binge drinking	19.7%
No physical activity	13.7%
Less than 7 hrs sleep	22.6%
Depression	20.9%
Fair or poor health	8.0%
Poor mental health	11.3%
Poor physical health	6.7%
No health insurance	7.2%
Visited doctor (checkup)	71.4%
Visited dentist	76.2%
Cholesterol screening	93.9%
Teeth loss	4.7%

Veterans & disability

Veterans	Count	%
Civilian veterans	816	5.1%

Disability	%
Any disability	8.7%
Under 18	3.7%
18–64 years	6.4%
65 and over	21.3%

Health insurance coverage

Type	%
Private insurance	86.4%
Public insurance	28.1%
No insurance	2.0%
Uninsured under 19	1.3%

Language & origin

Language spoken at home (age 5+)

Language	Count	%
English only	20,116	93.8%
Spanish	632	3.1%
Other Indo-European	142	0.7%
Asian & Pacific Islander	110	0.5%
Other languages	380	1.9%

Place of birth & citizenship

Origin	Count	%
Native born (US)	19,589	91.4%
Born in same state	19,388	90.4%
Born in different state	13,740	64.1%
Foreign born	201	0.9%
Naturalized citizen	1,851	8.6%
Not a US citizen	1,384	74.8%

Ancestry

Ancestry	Count	%
Polish	2,978	13.9%
Italian	2,681	12.5%
French	1,858	8.7%
Arab	439	2%
English	405	1.9%

Ancestry	Count	%
Dutch	265	1.2%
German	253	1.2%
Irish	40	0.2%
Norwegian	28	0.1%

Technology access

Metric	% of households
Computer access	39.8%
Internet access	96.2%

Source: U.S. Census Bureau, American Community Survey 2025 estimates.

Frequently asked questions about ZIP code 55345

What city is ZIP code 55345 in?

ZIP code 55345 is primarily assigned to Minnetonka, Minnesota.

What county is ZIP code 55345 in?

ZIP code 55345 falls within Hennepin County, Minnesota.

How educated is the population of ZIP code 55345?

65% of residents hold a bachelor's degree or higher — well above the national average of ~33%, reflecting a highly educated population.

Is ZIP code 55345 mostly owner-occupied?

84% of occupied units in ZIP code 55345 are owner-occupied, well above the national average.

What is the median household income in ZIP code 55345?

The median household income in ZIP code 55345 is $134,288, above the national median of ~$75,000.

What is the typical home value in ZIP code 55345?

The median home value in ZIP code 55345 is $451,800.

What timezone is ZIP code 55345 in?

ZIP code 55345 observes the CST timezone.