PlainZIP

Chaska, MN · standard

ZIP Code 55318

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

25,493
239/sq mi
$112,243
Median income
$420,400
Median home value
47.0%
Bachelor's or higher

The verdict

Chaska pairs an upper-quartile household income with upper-quartile home values, in a low-density, homeowner-dominated area.

Top 12%
household income, US ZIPs
Top 19%
home value, US ZIPs
239
people per sq mi
69%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55318 against every reporting US ZIP.

ZIP code 55318 is a densely settled ZIP (a standard USPS delivery area) in Chaska, Carver County, Minnesota, with 25,493 residents across 106.8 square miles, a density of 239 people per square mile, in the Chicago time zone.

ZIP 55318 skews affluent, with a median household income of $112,243 (37% above the Minnesota average), while per-capita income is $57,112. 5.6% of residents live below the poverty line, and the unemployment rate reads 3.3%. Median home value sits at $420,400 (64% above the state average), median rent at $1,555 a month, and owner-occupancy at 69.1%.

A solid share of residents have a four-year degree: 47.0% of adults hold a bachelor's degree or higher, the median age is 37.8, and the average commute is 23 minutes. A geography-based comparison follows: 10 ZIP codes within about 10 miles of 55318, plus 6 more within Carver County, give a clearer read than the national average alone.

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 55318

Top 5 sectors by establishment count in Chaska, MN

Which industries have the most business establishments in ZIP 55318.

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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 55318, Chaska, 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

25,493

Population

106.8

Area (sq mi)

239

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 55318?

37.8

Median Age

48.6%

Male

51.4%

Female

6.8%

Foreign-Born

White 80.7%
African American 3.2%
Asian 3.8%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 9.4%
Hispanic or Latino 9.3%

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?

$112,243

Median Household Income

+37% vs state

$57,112

Per Capita Income

5.6%

Poverty Rate

3.3%

Unemployment Rate

23.1 min

Mean Commute Time

How ZIP 55318 ranks nationally

Chaska, MN household income vs. every US ZIP code

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

$112,243 Top 12% higher than 88% 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%). This entry sits in this band. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $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 66.1%
Bachelor's Degree or Higher 47.0%

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

What does housing look like?

11,821

Total Housing Units

11,705

Occupied Units

116

Vacant Units

2.58

Avg Household Size

Occupancy Type

Owner 69.1%
Renter 30.9%

$420,400

Median Home Value

+64% vs state

$1,555

Median Rent

1995

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

+1.6%

YoY Change (2024)

206

HPI Index (2000 = 100)

+106%

Total Change Since 2000

Home values in ZIP 55318 have increased 1.6% over the past year (2024). Since 2000, this ZIP has seen +106% cumulative appreciation.

Year Annual Change HPI Index
2020 +2.3% 156
2021 +9.5% 171
2022 +15.0% 196
2023 +3.1% 202
2024 +1.6% 206

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 680 business establishments in ZIP 55318, employing approximately 12,484 people with a combined annual payroll of $899,729,000.

680

Businesses

12,484

Employees

$899.7M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Health care and social assistance 93 13.7%
Professional, scientific, and technical services 87 12.8%
Construction 84 12.3%
Other services (except public administration) 61 9.0%
Retail trade 58 8.5%
Manufacturing 50 7.3%
Accommodation and food services 50 7.3%
Wholesale trade 39 5.7%
Finance and insurance 38 5.6%
Real estate and rental and leasing 38 5.6%
Administrative and support and waste management and remediation services 36 5.3%
Information 12 1.8%
Educational services 12 1.8%
Arts, entertainment, and recreation 11 1.6%
Management of companies and enterprises 4 0.6%
Transportation and warehousing 3 0.4%

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 55318 vs 55386 →

ZIP 55318 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 55318 ranks #2 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 55318 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 55318 ranks #8 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
55386 Victoria, MN 6,330 3.9 mi
55331 Excelsior, MN 17,524 6.3 mi
55384 Spring Park, MN 1,672 8.7 mi
55317 Chanhassen, MN 19,218 5.3 mi
55315 Carver, MN 4,762 6.9 mi
55364 Mound, MN 14,353 8.9 mi
55379 Shakopee, MN 40,416 7.1 mi
55387 Waconia, MN 12,249 7.5 mi
55322 Cologne, MN 3,163 7.8 mi
55375 Saint Bonifacius, MN 4,518 7.9 mi

More ZIP Codes in Carver County

55317 standard
Chanhassen, MN
Pop: 19,218
55387 standard
Waconia, MN
Pop: 12,249
55386 standard
Victoria, MN
Pop: 6,330
55388 standard
Watertown, MN
Pop: 5,619
55315 standard
Carver, MN
Pop: 4,762
55322 standard
Cologne, MN
Pop: 3,163

Related Areas

Carver County Chaska, MN Minnesota

Frequently Asked Questions

What county is ZIP code 55318 in? ▼
ZIP code 55318 (Chaska) 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 55318? ▼
ZIP code 55318 in Chaska, MN has a population of 25,493 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 55318? ▼
The median household income in ZIP 55318 is $112,243, which is 47% above the national average of $76,288.
What is the average home value in ZIP 55318? ▼
The median home value in ZIP 55318 is $420,400, which is 51% above the national average of $278,155.
What is the demographic makeup of ZIP 55318? ▼
The largest racial group in ZIP 55318 is White at 80.7%. Hispanic or Latino residents make up 9.3% of the population.
How many businesses are in ZIP code 55318? ▼
ZIP code 55318 has 680 business establishments employing approximately 12,484 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 55318? ▼
The top industries by establishment count in ZIP 55318 are: Health care and social assistance (93), Professional, scientific, and technical services (87), Construction (84). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 55318? ▼
According to the FHFA House Price Index, home values in ZIP 55318 increased by 1.6% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 106%. 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 55318? ▼
In ZIP code 55318, 66.1% of residents aged 25+ have a high school diploma or higher, and 47.0% 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 55318? ▼
The mean commute time for workers in ZIP code 55318 is 23.1 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 55318? ▼
In ZIP code 55318, approximately 69.1% of occupied housing units are owner-occupied and 30.9% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 55318? ▼
The poverty rate in ZIP code 55318 is 5.6% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.