PlainZIP

Wayzata, MN · standard

ZIP Code 55391

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

14,486
329/sq mi
$174,301
Median income
$923,400
Median home value
73.9%
Bachelor's or higher

The verdict

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

Top 2%
household income, US ZIPs
Top 3%
home value, US ZIPs
329
people per sq mi
82%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55391 against every reporting US ZIP.

ZIP code 55391 is a mid-sized community (a standard USPS delivery area) in Wayzata, Hennepin County, Minnesota, home to 14,486 residents across 44.0 square miles, a density of 329 people per square mile, in the Chicago time zone.

ZIP 55391 skews affluent, with a median household income of $174,301 (112% above the Minnesota average), while per-capita income is $121,153. The poverty rate stands at 5.1% and the unemployment rate at 3.1%. On housing, the median home value is $923,400 (261% above the state average) with median rent at $1,718 per month, and 81.8% of occupied units are owner-occupied.

This is a highly-educated ZIP: 73.9% of adults hold a bachelor's degree or higher, the median age is 50.2, and the average commute is 22 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Hennepin County, so you can benchmark 55391 against its immediate geography rather than a 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 55391

Top 5 sectors by establishment count in Wayzata, MN

Which industries have the most business establishments in ZIP 55391.

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 55391, Wayzata, 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

14,486

Population

44.0

Area (sq mi)

329

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 55391?

50.2

Median Age

49.9%

Male

50.1%

Female

8.7%

Foreign-Born

White 88.9%
African American 0.3%
Asian 5.0%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 4.5%
Hispanic or Latino 2.4%

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?

$174,301

Median Household Income

+112% vs state

$121,153

Per Capita Income

5.1%

Poverty Rate

3.1%

Unemployment Rate

21.7 min

Mean Commute Time

How ZIP 55391 ranks nationally

Wayzata, MN household income vs. every US ZIP code

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

$174,301 Top 2% higher than 98% 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%). Below this entry. $160,000–$180,000: 364 US ZIPs (1%). This entry sits in this band. $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 82.2%
Bachelor's Degree or Higher 73.9%

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

What does housing look like?

7,243

Total Housing Units

6,517

Occupied Units

726

Vacant Units

2.37

Avg Household Size

Occupancy Type

Owner 81.8%
Renter 18.2%

$923,400

Median Home Value

+261% vs state

$1,718

Median Rent

1983

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

+4.7%

YoY Change (2024)

253

HPI Index (2000 = 100)

+153%

Total Change Since 2000

Home values in ZIP 55391 have increased 4.7% over the past year (2024). Since 2000, this ZIP has seen +153% cumulative appreciation.

Year Annual Change HPI Index
2020 +3.2% 190
2021 +8.1% 206
2022 +12.3% 231
2023 +4.5% 242
2024 +4.7% 253

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 958 business establishments in ZIP 55391, employing approximately 9,688 people with a combined annual payroll of $837,755,000.

958

Businesses

9,688

Employees

$837.8M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Professional, scientific, and technical services 161 16.8%
Finance and insurance 133 13.9%
Real estate and rental and leasing 127 13.3%
Retail trade 92 9.6%
Health care and social assistance 90 9.4%
Other services (except public administration) 85 8.9%
Construction 63 6.6%
Accommodation and food services 47 4.9%
Administrative and support and waste management and remediation services 43 4.5%
Wholesale trade 37 3.9%
Arts, entertainment, and recreation 19 2.0%
Educational services 16 1.7%
Information 15 1.6%
Management of companies and enterprises 14 1.5%
Manufacturing 9 0.9%
Transportation and warehousing 5 0.5%

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 55391 vs 55356 →

ZIP 55391 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 55391 ranks #8 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 55391 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 55391 ranks #2 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
55356 Long Lake, MN 5,311 3.2 mi
55447 Minneapolis, MN 21,187 3.9 mi
55345 Minnetonka, MN 21,147 4.2 mi
55317 Chanhassen, MN 19,218 7.0 mi
55384 Spring Park, MN 1,672 4.7 mi
55305 Hopkins, MN 19,368 5.4 mi
55331 Excelsior, MN 17,524 5.1 mi
55446 Minneapolis, MN 18,695 6.4 mi
55346 Eden Prairie, MN 16,776 6.3 mi
55340 Hamel, MN 6,327 8.2 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 Wayzata, MN Minnesota

Frequently Asked Questions

What county is ZIP code 55391 in? ▼
ZIP code 55391 (Wayzata) 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 55391? ▼
ZIP code 55391 in Wayzata, MN has a population of 14,486 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 55391? ▼
The median household income in ZIP 55391 is $174,301, which is 128% above the national average of $76,288.
What is the average home value in ZIP 55391? ▼
The median home value in ZIP 55391 is $923,400, which is 232% above the national average of $278,155.
What is the demographic makeup of ZIP 55391? ▼
The largest racial group in ZIP 55391 is White at 88.9%. Hispanic or Latino residents make up 2.4% of the population.
How many businesses are in ZIP code 55391? ▼
ZIP code 55391 has 958 business establishments employing approximately 9,688 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 55391? ▼
The top industries by establishment count in ZIP 55391 are: Professional, scientific, and technical services (161), Finance and insurance (133), Real estate and rental and leasing (127). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 55391? ▼
According to the FHFA House Price Index, home values in ZIP 55391 increased by 4.7% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 153%. 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 55391? ▼
In ZIP code 55391, 82.2% of residents aged 25+ have a high school diploma or higher, and 73.9% 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 55391? ▼
The mean commute time for workers in ZIP code 55391 is 21.7 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 55391? ▼
In ZIP code 55391, approximately 81.8% of occupied housing units are owner-occupied and 18.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 55391? ▼
The poverty rate in ZIP code 55391 is 5.1% 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.