Chanhassen, MN · standard

ZIP Code 55317

Carver County, Minnesota — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

19,218
591/sq mi
$140,385
Median income
$539,000
Median home value
63.7%
Bachelor's or higher

The verdict

Chanhassen pairs a top-decile household income with upper-quartile home values, in a low-density, homeowner-dominated area.

Top 5%
household income, US ZIPs
Top 12%
home value, US ZIPs
591
people per sq mi
82%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55317 against every reporting US ZIP.

ZIP code 55317 is classified by USPS as a standard delivery area and covers roughly 32.5 square miles in Chanhassen, Carver County, Minnesota. The area is home to 19,218 residents, producing a population density of 591 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 55317 against Minnesota and the nation.

On the economic side, the median household income for ZIP 55317 sits at $140,385 (71% above the Minnesota average), while per-capita income is $75,407. The poverty rate stands at 3.2% and the unemployment rate at 3.2%. On housing, the median home value is $539,000 (111% above the state average) with median rent at $1,840 per month, and 81.9% of occupied units are owner-occupied, a direct signal of whether 55317 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 63.7% of adults hold a bachelor's degree or higher, the median age is 41, and the average commute is 21 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Carver County, so you can benchmark 55317 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 55317

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 55317.

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 · ZIP Code Business Patterns (ZBP) As of 2023

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 55317, Chanhassen, 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

19,218

Population

32.5

Area (sq mi)

591

People / sq mi

Chicago

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 55317?

41.0

Median Age

50.1%

Male

49.9%

Female

9.3%

Foreign-Born

White 84.3%
African American 1.5%
Asian 6.3%
American Indian or Alaska Native 0.4%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 6.1%
Hispanic or Latino 4.1%

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?

$140,385

Median Household Income

+71% vs state

$75,407

Per Capita Income

3.2%

Poverty Rate

3.2%

Unemployment Rate

21.3 min

Mean Commute Time

How ZIP 55317 ranks nationally

Household income vs. every US ZIP code

Median household income — the full national distribution, with this ZIP marked

$140,385 Top 5% higher than 95% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Below this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Below this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Below this entry. $140,000–$160,000: 686 US ZIPs (2%). This entry sits in this band. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

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?

High School Graduate or Higher 74.1%
Bachelor's Degree or Higher 63.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

8,746

Total Housing Units

8,430

Occupied Units

316

Vacant Units

2.64

Avg Household Size

Occupancy Type

Owner 81.9%
Renter 18.1%

$539,000

Median Home Value

+111% vs state

$1,840

Median Rent

1995

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+2.3%

YoY Change (2024)

215

HPI Index (2000 = 100)

+115%

Total Change Since 2000

Home values in ZIP 55317 have increased 2.3% over the past year (2024). Since 2000, this ZIP has seen +115% cumulative appreciation.

Year Annual Change HPI Index
2020 +2.0% 166
2021 +9.5% 182
2022 +12.3% 204
2023 +3.3% 211
2024 +2.3% 215

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 706 business establishments in ZIP 55317, employing approximately 15,294 people with a combined annual payroll of $1,100,037,000.

706

Businesses

15,294

Employees

$1.1B

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Professional, scientific, and technical services 121 17.1%
Other services (except public administration) 72 10.2%
Health care and social assistance 71 10.1%
Finance and insurance 60 8.5%
Retail trade 58 8.2%
Wholesale trade 53 7.5%
Construction 51 7.2%
Accommodation and food services 49 6.9%
Real estate and rental and leasing 40 5.7%
Manufacturing 39 5.5%
Administrative and support and waste management and remediation services 29 4.1%
Educational services 17 2.4%
Arts, entertainment, and recreation 17 2.4%
Information 14 2.0%
Management of companies and enterprises 8 1.1%
Transportation and warehousing 6 0.8%

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 55317 vs 55346 →

ZIP 55317 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 55317 ranks #5 by population — useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 55317 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 55317 ranks #6 of 9 neighboring ZIPs — local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
55346 Eden Prairie, MN 16,776 3.6 mi
55331 Excelsior, MN 17,524 3.8 mi
55391 Wayzata, MN 14,486 7.0 mi
55347 Eden Prairie, MN 30,069 4.6 mi
55386 Victoria, MN 6,330 5.7 mi
55345 Minnetonka, MN 21,147 5.2 mi
55344 Eden Prairie, MN 13,952 5.9 mi
55318 Chaska, MN 25,493 5.3 mi
55379 Shakopee, MN 40,416 7.4 mi
55384 Spring Park, MN 1,672 6.7 mi

More ZIP Codes in Carver County

Frequently Asked Questions

What county is ZIP code 55317 in?
ZIP code 55317 (Chanhassen) is located in Carver County, Minnesota. Carver County contains multiple ZIP codes, see the full list at /counties/carver-mn.
What is the population of ZIP code 55317?
ZIP code 55317 in Chanhassen, MN has a population of 19,218 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 55317?
The median household income in ZIP 55317 is $140,385, which is 84% above the national average of $76,288.
What is the average home value in ZIP 55317?
The median home value in ZIP 55317 is $539,000, which is 94% above the national average of $278,155.
What is the demographic makeup of ZIP 55317?
The largest racial group in ZIP 55317 is White at 84.3%. Hispanic or Latino residents make up 4.1% of the population.
How many businesses are in ZIP code 55317?
ZIP code 55317 has 706 business establishments employing approximately 15,294 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 55317?
The top industries by establishment count in ZIP 55317 are: Professional, scientific, and technical services (121), Other services (except public administration) (72), Health care and social assistance (71). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 55317?
According to the FHFA House Price Index, home values in ZIP 55317 increased by 2.3% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 115%. 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 55317?
In ZIP code 55317, 74.1% of residents aged 25+ have a high school diploma or higher, and 63.7% 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 55317?
The mean commute time for workers in ZIP code 55317 is 21.3 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 55317?
In ZIP code 55317, approximately 81.9% of occupied housing units are owner-occupied and 18.1% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 55317?
The poverty rate in ZIP code 55317 is 3.2% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Chanhassen, MN

Verify and explore additional data for this area using these official government sources.