Andover, MN · standard
ZIP Code 55304
Anoka County, Minnesota — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 45,967
- 257/sq mi
- $131,700
- Median income
- $421,300
- Median home value
- 37.7%
- Bachelor's or higher
The verdict
Andover pairs a top-decile household income with upper-quartile home values, in a low-density, homeowner-dominated area.
- Top 7%
- household income, US ZIPs
- Top 19%
- home value, US ZIPs
- 257
- people per sq mi
- 94%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55304 against every reporting US ZIP.
ZIP code 55304 is classified by USPS as a standard delivery area and covers roughly 178.9 square miles in Andover, Anoka County, Minnesota. The area is home to 45,967 residents, producing a population density of 257 people per square mile, and falls within the Chicago time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 55304 against Minnesota and the nation.
On the economic side, the median household income for ZIP 55304 sits at $131,700 (60% above the Minnesota average), while per-capita income is $53,292. The poverty rate stands at 3.5% and the unemployment rate at 3.0%. On housing, the median home value is $421,300 (65% above the state average) with median rent at $1,704 per month, and 94.0% of occupied units are owner-occupied, a direct signal of whether 55304 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 37.7% of adults hold a bachelor's degree or higher, the median age is 40.9, and the average commute is 26 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Anoka County, so you can benchmark 55304 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 55304
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 55304.
- Construction
Construction
283 establishments
- Retail trade 110
Retail trade
110 establishments
- Professional, scientific, and technical services 106
Professional, scientific, and technical services
106 establishments
- Health care and social assistance 99
Health care and social assistance
99 establishments
- Other services (except public administration) 94
Other services (except public administration)
94 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 55304, Andover, MN · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.
Quick Facts
45,967
Population
178.9
Area (sq mi)
257
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 55304?
40.9
Median Age
50.9%
Male
49.1%
Female
5.1%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$131,700
Median Household Income
+60% vs state
$53,292
Per Capita Income
3.5%
Poverty Rate
3.0%
Unemployment Rate
26.4 min
Mean Commute Time
How ZIP 55304 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$131,700 Top 7% higher than 93% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau — ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
17,171
Total Housing Units
16,915
Occupied Units
256
Vacant Units
2.93
Avg Household Size
Occupancy Type
$421,300
Median Home Value
+65% vs state
$1,704
Median Rent
1994
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+5.0%
YoY Change (2024)
212
HPI Index (2000 = 100)
+112%
Total Change Since 2000
Home values in ZIP 55304 have increased 5.0% over the past year (2024). Since 2000, this ZIP has seen +112% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +2.9% | 160 |
| 2021 | +11.2% | 178 |
| 2022 | +13.3% | 202 |
| 2023 | +0.1% | 202 |
| 2024 | +5.0% | 212 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 1,135 business establishments in ZIP 55304, employing approximately 9,590 people with a combined annual payroll of $451,670,000.
1,135
Businesses
9,590
Employees
$451.7M
Annual Payroll
15
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 283 | 24.9% |
| Retail trade | 110 | 9.7% |
| Professional, scientific, and technical services | 106 | 9.3% |
| Health care and social assistance | 99 | 8.7% |
| Other services (except public administration) | 94 | 8.3% |
| Administrative and support and waste management and remediation services | 79 | 7.0% |
| Real estate and rental and leasing | 78 | 6.9% |
| Manufacturing | 66 | 5.8% |
| Finance and insurance | 61 | 5.4% |
| Accommodation and food services | 47 | 4.1% |
| Transportation and warehousing | 35 | 3.1% |
| Wholesale trade | 33 | 2.9% |
| Arts, entertainment, and recreation | 21 | 1.9% |
| Educational services | 12 | 1.1% |
| Information | 6 | 0.5% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 55304 vs 55011 →
ZIP 55304 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 55304
Andover (55304)
45,967 residents
- 55433
Minneapolis (55433)
33,613 residents
- 55443
Minneapolis (55443)
32,462 residents
- 55434
Minneapolis (55434)
28,823 residents
- 55448
Minneapolis (55448)
27,863 residents
- 55014
Circle Pines (55014)
27,274 residents
- 55449
Minneapolis (55449)
23,277 residents
- 55316
Champlin (55316)
23,089 residents
- 55444 15,667
Minneapolis (55444)
15,667 residents
What this shows Among its immediate neighbors, ZIP 55304 ranks the most populous — useful context the national average alone can't give.
ZIP 55304 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 55449
Minneapolis (55449)
$131,832 median income
- 55304
Andover (55304)
$131,700 median income
- 55011
Cedar (55011)
$121,434 median income
- 55444
Minneapolis (55444)
$117,198 median income
- 55316
Champlin (55316)
$116,102 median income
- 55005
Bethel (55005)
$109,107 median income
- 55014
Circle Pines (55014)
$103,658 median income
- 55448
Minneapolis (55448)
$103,461 median income
- 55443
Minneapolis (55443)
$95,082 median income
What this shows By household income, ZIP 55304 ranks #2 of 9 neighboring ZIPs — local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 55011 | Cedar, MN | 10,170 | 5.9 mi |
| 55448 | Minneapolis, MN | 27,863 | 4.8 mi |
| 55434 | Minneapolis, MN | 28,823 | 6.1 mi |
| 55433 | Minneapolis, MN | 33,613 | 7.0 mi |
| 55449 | Minneapolis, MN | 23,277 | 6.7 mi |
| 55005 | Bethel, MN | 4,422 | 9.7 mi |
| 55444 | Minneapolis, MN | 15,667 | 10.5 mi |
| 55443 | Minneapolis, MN | 32,462 | 10.0 mi |
| 55316 | Champlin, MN | 23,089 | 8.5 mi |
| 55014 | Circle Pines, MN | 27,274 | 9.4 mi |
More ZIP Codes in Anoka County
Related Areas
Frequently Asked Questions
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ZIP Code Research Guides
Official Data Resources for Andover, MN
Verify and explore additional data for this area using these official government sources.
Read our methodology to see how this data is sourced, computed, and verified.