PlainZIP

Excelsior, MN · standard

ZIP Code 55331

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

17,524
453/sq mi
$159,450
Median income
$737,000
Median home value
71.6%
Bachelor's or higher

The verdict

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

Top 3%
household income, US ZIPs
Top 6%
home value, US ZIPs
453
people per sq mi
86%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55331 against every reporting US ZIP.

ZIP code 55331 is a mid-sized community (a standard USPS delivery area) in Excelsior, Hennepin County, Minnesota, home to 17,524 residents across 38.7 square miles, a density of 453 people per square mile, in the Chicago time zone.

ZIP 55331 skews affluent, with a median household income of $159,450 (94% above the Minnesota average), while per-capita income is $101,331. 4.0% of residents live below the poverty line, and the unemployment rate reads 3.3%. The typical home here is valued at $737,000 (188% above the state average); renters pay a median of $1,217 monthly, and 86.1% of units are owner-occupied.

This is a highly-educated ZIP: 71.6% of adults hold a bachelor's degree or higher, the median age is 48.2, and the average commute is 25 minutes. A geography-based comparison follows: 10 ZIP codes within about 10 miles of 55331, plus 6 more within Hennepin 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 55331

Top 5 sectors by establishment count in Excelsior, MN

Which industries have the most business establishments in ZIP 55331.

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 55331, Excelsior, 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

17,524

Population

38.7

Area (sq mi)

453

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 55331?

48.2

Median Age

50.3%

Male

49.7%

Female

5.0%

Foreign-Born

White 90.9%
African American 0.7%
Asian 2.2%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 5.7%
Hispanic or Latino 3.5%

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?

$159,450

Median Household Income

+94% vs state

$101,331

Per Capita Income

4.0%

Poverty Rate

3.3%

Unemployment Rate

25.4 min

Mean Commute Time

How ZIP 55331 ranks nationally

Excelsior, MN household income vs. every US ZIP code

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

$159,450 Top 3% higher than 97% 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 81.3%
Bachelor's Degree or Higher 71.6%

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

What does housing look like?

8,551

Total Housing Units

7,816

Occupied Units

735

Vacant Units

2.51

Avg Household Size

Occupancy Type

Owner 86.1%
Renter 13.9%

$737,000

Median Home Value

+188% vs state

$1,217

Median Rent

1984

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

+0.3%

YoY Change (2024)

256

HPI Index (2000 = 100)

+156%

Total Change Since 2000

Home values in ZIP 55331 have increased 0.3% over the past year (2024). Since 2000, this ZIP has seen +156% cumulative appreciation.

Year Annual Change HPI Index
2020 +3.5% 186
2021 +7.8% 200
2022 +15.4% 231
2023 +10.4% 255
2024 +0.3% 256

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 674 business establishments in ZIP 55331, employing approximately 4,723 people with a combined annual payroll of $285,334,000.

674

Businesses

4,723

Employees

$285.3M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Professional, scientific, and technical services 128 19.0%
Construction 69 10.2%
Retail trade 63 9.3%
Real estate and rental and leasing 63 9.3%
Other services (except public administration) 63 9.3%
Health care and social assistance 60 8.9%
Finance and insurance 56 8.3%
Wholesale trade 42 6.2%
Accommodation and food services 36 5.3%
Administrative and support and waste management and remediation services 32 4.8%
Arts, entertainment, and recreation 18 2.7%
Educational services 17 2.5%
Transportation and warehousing 12 1.8%
Information 6 0.9%
Manufacturing 4 0.6%
Management of companies and enterprises 4 0.6%

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 55331 vs 55384 →

ZIP 55331 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 55331 ranks #4 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 55331 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 55331 ranks #3 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
55384 Spring Park, MN 1,672 2.9 mi
55317 Chanhassen, MN 19,218 3.8 mi
55386 Victoria, MN 6,330 4.0 mi
55364 Mound, MN 14,353 4.3 mi
55356 Long Lake, MN 5,311 6.5 mi
55318 Chaska, MN 25,493 6.3 mi
55391 Wayzata, MN 14,486 5.1 mi
55345 Minnetonka, MN 21,147 6.0 mi
55375 Saint Bonifacius, MN 4,518 6.8 mi
55346 Eden Prairie, MN 16,776 6.1 mi

More ZIP Codes in Hennepin County

55407 standard
Minneapolis, MN
Pop: 37,881
55423 standard
Minneapolis, MN
Pop: 35,375
55311 standard
Maple Grove, MN
Pop: 32,788
55369 standard
Osseo, MN
Pop: 32,524
55443 standard
Minneapolis, MN
Pop: 32,462
55406 standard
Minneapolis, MN
Pop: 32,112

Related Areas

Hennepin County Excelsior, MN Minnesota

Frequently Asked Questions

What county is ZIP code 55331 in? ▼
ZIP code 55331 (Excelsior) is located in Hennepin County, Minnesota. Hennepin County contains multiple ZIP codes, see the full list at /counties/hennepin-mn.
What is the population of ZIP code 55331? ▼
ZIP code 55331 in Excelsior, MN has a population of 17,524 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 55331? ▼
The median household income in ZIP 55331 is $159,450, which is 109% above the national average of $76,288.
What is the average home value in ZIP 55331? ▼
The median home value in ZIP 55331 is $737,000, which is 165% above the national average of $278,155.
What is the demographic makeup of ZIP 55331? ▼
The largest racial group in ZIP 55331 is White at 90.9%. Hispanic or Latino residents make up 3.5% of the population.
How many businesses are in ZIP code 55331? ▼
ZIP code 55331 has 674 business establishments employing approximately 4,723 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 55331? ▼
The top industries by establishment count in ZIP 55331 are: Professional, scientific, and technical services (128), Construction (69), Retail trade (63). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 55331? ▼
According to the FHFA House Price Index, home values in ZIP 55331 increased by 0.3% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 156%. 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 55331? ▼
In ZIP code 55331, 81.3% of residents aged 25+ have a high school diploma or higher, and 71.6% 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 55331? ▼
The mean commute time for workers in ZIP code 55331 is 25.4 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 55331? ▼
In ZIP code 55331, approximately 86.1% of occupied housing units are owner-occupied and 13.9% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 55331? ▼
The poverty rate in ZIP code 55331 is 4.0% 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.