ZIP code 55311: income, home prices and cost of living

The median household income in ZIP 55311 is $143,375, which is 88% above the Minnesota median of $76,183 and 109% above the national figure. The typical home is valued at $437,500, and the median rent is $1,782/month. 87.1% of households own their home.

Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.

Median household income

$143,375

Minnesota average
$76,18388%
National
$68,750109%

Median home value

$437,500

Minnesota average
$240,20082%
National
$209,600109%

Median gross rent

$1,782

Minnesota average
$90697%
National
$98481%

Median age

41.2 yrs

Minnesota average
41.1 yrs
National
41.0 yrs

Homeownership rate

87.1%

Minnesota average
82.1%6%
National
75.8%15%

Bachelor's degree or higher

36.3%

Minnesota average
17.8%104%
National
15.9%128%

How ZIP 55311 compares with Minnesota and the U.S.

State and national bars are the median across ZIP Code Tabulation Areas. Source: U.S. Census Bureau, American Community Survey (5-year), 2022.

See today's rates for homes in your area

Homes in 55311 typically sell around $437,500. Compare what a vetted mortgage pro can actually offer you before you commit.

Talk to a mortgage pro

Nearby ZIP codes in Minnesota

55309553135530855315553065531655305553175530455318

Or compare 55311 with 55309.

Run your own numbers

Cost of living calculatorBudget calculatorMortgage calculator

See every local figure on the Minnesota money guide.

What people search about ZIP 55311

Searches for the cost of living in 55311, the median household income in 55311, average rent in 55311 and home values in this part of Minnesota all come back to the same Census figures shown above. Use them alongside a mortgage payment estimate, a property tax estimate and a household budget before you compare this ZIP code with a neighbouring one.

  • cost of living in 55311
  • median household income in 55311
  • home values in 55311
  • average rent in 55311
  • property tax in 55311
  • housing market in 55311

Methodology

Figures describe ZIP Code Tabulation Area 55311, the Census Bureau's statistical approximation of the ZIP code. Values are median estimates for the five-year period ending 2022.

State and national benchmarks are the median of all ZCTAs in that geography with at least 1,000 residents, computed by us from the same public dataset.

Sources: U.S. Census Bureau, American Community Survey (5-year). American Community Survey 5-year estimates, 2022.