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 classified by USPS as a standard delivery area and covers roughly 38.7 square miles in Excelsior, Hennepin County, Minnesota. The area is home to 17,524 residents, producing a population density of 453 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 55331 against Minnesota and the nation.
On the economic side, the median household income for ZIP 55331 sits at $159,450 (94% above the Minnesota average), while per-capita income is $101,331. The poverty rate stands at 4.0% and the unemployment rate at 3.3%. On housing, the median home value is $737,000 (188% above the state average) with median rent at $1,217 per month, and 86.1% of occupied units are owner-occupied, a direct signal of whether 55331 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 71.6% of adults hold a bachelor's degree or higher, the median age is 48.2, and the average commute is 25 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Hennepin County, so you can benchmark 55331 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 55331
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 55331.
- Professional, scientific, and technical services
Professional, scientific, and technical services
128 establishments
- Construction
Construction
69 establishments
- Retail trade
Retail trade
63 establishments
- Real estate and rental and leasing
Real estate and rental and leasing
63 establishments
- Other services (except public administration)
Other services (except public administration)
63 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 55331, Excelsior, 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
17,524
Population
38.7
Area (sq mi)
453
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 55331?
48.2
Median Age
50.3%
Male
49.7%
Female
5.0%
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?
$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
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
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?
8,551
Total Housing Units
7,816
Occupied Units
735
Vacant Units
2.51
Avg Household Size
Occupancy Type
$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.
- 55318
Chaska (55318)
25,493 residents
- 55345
Minnetonka (55345)
21,147 residents
- 55317
Chanhassen (55317)
19,218 residents
- 55331
Excelsior (55331)
17,524 residents
- 55346
Eden Prairie (55346)
16,776 residents
- 55391
Wayzata (55391)
14,486 residents
- 55364
Mound (55364)
14,353 residents
- 55386 6,330
Victoria (55386)
6,330 residents
- 55356 5,311
Long Lake (55356)
5,311 residents
What this shows Among its immediate neighbors, ZIP 55331 ranks #4 by population — useful context the national average alone can't give.
ZIP 55331 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 55386
Victoria (55386)
$192,458 median income
- 55391
Wayzata (55391)
$174,301 median income
- 55331
Excelsior (55331)
$159,450 median income
- 55356
Long Lake (55356)
$156,622 median income
- 55345
Minnetonka (55345)
$145,332 median income
- 55317
Chanhassen (55317)
$140,385 median income
- 55346
Eden Prairie (55346)
$135,000 median income
- 55375
Saint Bonifacius (55375)
$130,893 median income
- 55318
Chaska (55318)
$112,243 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.
| 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
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Frequently Asked Questions
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How many businesses are in ZIP code 55331? ▼
What are the main industries in ZIP code 55331? ▼
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What percentage of residents own vs. rent in ZIP 55331? ▼
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ZIP Code Research Guides
Official Data Resources for Excelsior, 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.