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 High-density area
- $131,700
- Median income Above-median income area
- $421,300
- Median home value Above-median home value
- 37.7%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
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.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 55304 (Andover, MN) rose +5.0% from 2023 to 2024. The all-transactions index moved from 202.2 in 2023 to 212.3 in 2024 (2000 = 100).
ZIP code 55304 is a densely settled ZIP (a standard USPS delivery area) in Andover, Anoka County, Minnesota, with 45,967 residents across 178.9 square miles, a density of 257 people per square mile, in the Chicago time zone.
ZIP 55304 skews affluent, with a median household income of $131,700 (60% above the average Minnesota ZIP), while per-capita income is $53,292. Both reported hardship measures are comparatively low in absolute terms: poverty is 3.5% and unemployment is 3.0%. Housing is both higher-cost and owner-heavy: median home value is $421,300 (65% above the average Minnesota ZIP), while 94.0% of occupied homes are owner-occupied and median rent is $1,704.
A solid share of residents have a four-year degree: 37.7% of adults hold a bachelor's degree or higher, the median age is 40.9, and the average commute is 26 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Anoka County, so 55304 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 55304
Top 5 sectors by establishment count in Andover, MN
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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, 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; 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 ZIP avg
$53,292
Per Capita Income
3.5%
Poverty Rate
3.0%
Unemployment Rate
26.4 min
Mean Commute Time
How ZIP 55304 ranks nationally
Andover, MN 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?
Housing stock: occupied vs vacant
17,171housing units
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 ZIP avg
$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 |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 55304, both outside MN so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (45,967 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Anoka County
Related Areas
Frequently Asked Questions
What county is ZIP code 55304 in?
ZIP code 55304 (Andover) is located in Anoka County, Minnesota. Anoka County contains multiple ZIP codes, see the full list at /counties/anoka-mn.
What is the population of ZIP code 55304?
ZIP code 55304 in Andover, MN has a population of 45,967 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 55304?
The median household income in ZIP 55304 is $131,700, which is 73% above the national average of $76,288.
What is the average home value in ZIP 55304?
The median home value in ZIP 55304 is $421,300, which is 51% above the national average of $278,155.
What is the demographic makeup of ZIP 55304?
The largest racial group in ZIP 55304 is White at 87.2%. Hispanic or Latino residents make up 2.6% of the population.
How many businesses are in ZIP code 55304?
ZIP code 55304 has 1,135 business establishments employing approximately 9,590 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 55304?
The top industries by establishment count in ZIP 55304 are: Construction (283), Retail trade (110), Professional, scientific, and technical services (106). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 55304?
According to the FHFA House Price Index, home values in ZIP 55304 increased by 5.0% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 112%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 55304?
In ZIP code 55304, 60.3% of residents aged 25+ have a high school diploma or higher, and 37.7% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 55304?
The mean commute time for workers in ZIP code 55304 is 26.4 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 55304?
In ZIP code 55304, approximately 94.0% of occupied housing units are owner-occupied and 6.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 55304?
The poverty rate in ZIP code 55304 is 3.5% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 55304's numbers, next.
- See how ZIP 55304 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Andover, MN ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.