Spring Park, MN · standard
ZIP Code 55384
Hennepin County, Minnesota - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 1,672
- 1,832/sq mi High-density area
- $48,315
- Median income Below-median income area
- $661,600
- Median home value Above-median home value
- 31.8%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Spring Park pairs one of the lowest household incomes in the country with top-decile home values, in a low-density, renter-heavy area.
- 12th pct
- household income, US ZIPs
- Top 7%
- home value, US ZIPs
- 1,832
- people per sq mi
- 25%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55384 against every reporting US ZIP.
ZIP code 55384 covers 0.9 square miles in Spring Park, Hennepin County, Minnesota (a standard USPS delivery area), with a modest 1,672 residents on file, a density of 1,832 people per square mile, in the Chicago time zone.
ZIP 55384 reports a modest median household income of $48,315 (41% below the average Minnesota ZIP), while per-capita income is $57,369. The poverty rate is 9.0%, with unemployment at 8.9%; those measures add context to the income figure. Housing costs run above the statewide ZIP benchmark while renting is common: median home value is $661,600 (159% above the average Minnesota ZIP), with only 24.9% owner-occupied homes and median rent of $1,241.
A solid share of residents have a four-year degree: 31.8% of adults hold a bachelor's degree or higher, the median age is 57, and the average commute is 21 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Hennepin County, so 55384 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 55384
Top 5 sectors by establishment count in Spring Park, MN
Which industries have the most business establishments in ZIP 55384.
- Construction
Construction
9 establishments
- Finance and insurance
Finance and insurance
9 establishments
- Wholesale trade
Wholesale trade
8 establishments
- Retail trade
Retail trade
8 establishments
- Health care and social assistance
Health care and social assistance
8 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 55384, Spring Park, 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
1,672
Population
0.9
Area (sq mi)
1,832
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 55384?
57.0
Median Age
45.4%
Male
54.6%
Female
9.8%
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?
$48,315
Median Household Income
-41% vs state ZIP avg
$57,369
Per Capita Income
9.0%
Poverty Rate
8.9%
Unemployment Rate
20.9 min
Mean Commute Time
How ZIP 55384 ranks among Minnesota ZIPs
Spring Park, MN household income vs. every Minnesota ZIP code
Median household income among 864 reporting Minnesota ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$48,315 2nd percentile higher than 2% of 864 Minnesota ZIPs
Each bar is a $20K-wide band; taller bars hold more Minnesota 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
1,338housing units
1,338
Total Housing Units
1,235
Occupied Units
103
Vacant Units
1.45
Avg Household Size
Occupancy Type
$661,600
Median Home Value
+159% vs state ZIP avg
$1,241
Median Rent
1979
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
+3.2%
YoY Change (2023)
310
HPI Index (2000 = 100)
+210%
Total Change Since 2000
Home values in ZIP 55384 have increased 3.2% over the past year (2023). Since 2000, this ZIP has seen +210% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2019 | +13.6% | 246 |
| 2020 | +0.5% | 247 |
| 2021 | +16.1% | 287 |
| 2022 | +4.8% | 300 |
| 2023 | +3.2% | 310 |
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 2023. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 80 business establishments in ZIP 55384, employing approximately 657 people with a combined annual payroll of $38,620,000.
80
Businesses
657
Employees
$38.6M
Annual Payroll
12
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 9 | 11.3% |
| Finance and insurance | 9 | 11.3% |
| Wholesale trade | 8 | 10.0% |
| Retail trade | 8 | 10.0% |
| Health care and social assistance | 8 | 10.0% |
| Professional, scientific, and technical services | 7 | 8.8% |
| Accommodation and food services | 6 | 7.5% |
| Other services (except public administration) | 6 | 7.5% |
| Administrative and support and waste management and remediation services | 5 | 6.3% |
| Manufacturing | 4 | 5.0% |
| Real estate and rental and leasing | 4 | 5.0% |
| Arts, entertainment, and recreation | 3 | 3.8% |
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 55384 vs 55364 →
ZIP 55384 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
- 55391
Wayzata (55391)
14,486 residents
- 55364
Mound (55364)
14,353 residents
- 55386 6,330
Victoria (55386)
6,330 residents
- 55359 5,954
Maple Plain (55359)
5,954 residents
- 55356 5,311
Long Lake (55356)
5,311 residents
What this shows Among its immediate neighbors, ZIP 55384 ranks #0 by population - useful context the national average alone can't give.
ZIP 55384 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
- 55375
Saint Bonifacius (55375)
$130,893 median income
- 55359
Maple Plain (55359)
$129,250 median income
- 55318
Chaska (55318)
$112,243 median income
What this shows By household income, ZIP 55384 ranks #null of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 55364 | Mound, MN | 14,353 | 2.0 mi |
| 55331 | Excelsior, MN | 17,524 | 2.9 mi |
| 55356 | Long Lake, MN | 5,311 | 4.4 mi |
| 55386 | Victoria, MN | 6,330 | 5.4 mi |
| 55391 | Wayzata, MN | 14,486 | 4.7 mi |
| 55318 | Chaska, MN | 25,493 | 8.7 mi |
| 55359 | Maple Plain, MN | 5,954 | 5.8 mi |
| 55375 | Saint Bonifacius, MN | 4,518 | 6.1 mi |
| 55317 | Chanhassen, MN | 19,218 | 6.7 mi |
| 55345 | Minnetonka, MN | 21,147 | 7.4 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 55384, 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 (1,672 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Hennepin County
Related Areas
Frequently Asked Questions
What county is ZIP code 55384 in?
ZIP code 55384 (Spring Park) 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 55384?
ZIP code 55384 in Spring Park, MN has a population of 1,672 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 55384?
The median household income in ZIP 55384 is $48,315, which is 37% below the national average of $76,288.
What is the average home value in ZIP 55384?
The median home value in ZIP 55384 is $661,600, which is 138% above the national average of $278,155.
What is the demographic makeup of ZIP 55384?
The largest racial group in ZIP 55384 is White at 86.3%. Hispanic or Latino residents make up 4.0% of the population.
How many businesses are in ZIP code 55384?
ZIP code 55384 has 80 business establishments employing approximately 657 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 55384?
The top industries by establishment count in ZIP 55384 are: Construction (9), Finance and insurance (9), Wholesale trade (8). There are 12 industry sectors represented in total.
How have home values changed in ZIP code 55384?
According to the FHFA House Price Index, home values in ZIP 55384 increased by 3.2% in 2023. Since 2000, home values in this ZIP have appreciated by approximately 210%. 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 55384?
In ZIP code 55384, 61.9% of residents aged 25+ have a high school diploma or higher, and 31.8% 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 55384?
The mean commute time for workers in ZIP code 55384 is 20.9 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 55384?
In ZIP code 55384, approximately 24.9% of occupied housing units are owner-occupied and 75.1% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 55384?
The poverty rate in ZIP code 55384 is 9.0% 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 55384's numbers, next.
- See how ZIP 55384 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Spring Park, MN ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.