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
$48,315
Median income
$661,600
Median home value
31.8%
Bachelor's or higher

The verdict

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 is classified by USPS as a standard delivery area and covers roughly 0.9 square miles in Spring Park, Hennepin County, Minnesota. The area is home to 1,672 residents, producing a population density of 1,832 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 55384 against Minnesota and the nation.

On the economic side, the median household income for ZIP 55384 sits at $48,315 (41% below the Minnesota average), while per-capita income is $57,369. The poverty rate stands at 9.0% and the unemployment rate at 8.9%. On housing, the median home value is $661,600 (159% above the state average) with median rent at $1,241 per month, and 24.9% of occupied units are owner-occupied, a direct signal of whether 55384 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 31.8% of adults hold a bachelor's degree or higher, the median age is 57, and the average commute is 21 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Hennepin County, so you can benchmark 55384 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 55384

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 55384.

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 55384, Spring Park, 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

1,672

Population

0.9

Area (sq mi)

1,832

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 55384?

57.0

Median Age

45.4%

Male

54.6%

Female

9.8%

Foreign-Born

White 86.3%
African American 8.2%
Asian 1.6%
American Indian or Alaska Native 1.6%
Native Hawaiian or Pacific Islander 0.2%
Two or More Ethnicities 1.3%
Hispanic or Latino 4.0%

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

$57,369

Per Capita Income

9.0%

Poverty Rate

8.9%

Unemployment Rate

20.9 min

Mean Commute Time

How ZIP 55384 ranks nationally

Household income vs. every US ZIP code

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

$48,315 12th percentile higher than 12% 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%). This entry sits in this band. $60,000–$80,000: 9,980 US ZIPs (33%). Above this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $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 61.9%
Bachelor's Degree or Higher 31.8%

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

What does housing look like?

1,338

Total Housing Units

1,235

Occupied Units

103

Vacant Units

1.45

Avg Household Size

Occupancy Type

Owner 24.9%
Renter 75.1%

$661,600

Median Home Value

+159% vs state

$1,241

Median Rent

1979

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

+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.

residents

What this shows Among its immediate neighbors, ZIP 55384 ranks #0 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 55384 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 55384 ranks #null 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
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

More ZIP Codes in Hennepin County

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.

ZIP Code Research Guides

Official Data Resources for Spring Park, MN

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