55305 Income Statistics

Comparison to Surrounding Areas

55305 Median Household Income

The median household income ($104,914) for 55305 is less than the median household income for 55345 ($145,332), 55391 ($174,301), 55447 ($133,555), and Minnetonka city ($119,517). But it's more than 55343 ($83,143), 55426 ($99,347), 55441 ($101,981), Hennepin County ($97,653), and Hopkins city ($75,234).

55305$104,914
Hopkins city$75,234
Minnetonka city$119,517
Hennepin County$97,653

Get Median Household Income for all Zip Codes in Minnesota.

55305 Average Household Income

The average household income ($144,880) for 55305 is less than the average household income for 55345 ($190,335), 55391 ($286,470), 55441 ($151,956), 55447 ($166,749), and Minnetonka city ($167,587). But it's more than 55343 ($105,824), 55426 ($122,250), Hennepin County ($138,433), and Hopkins city ($94,682).

55305$144,880
Hopkins city$94,682
Minnetonka city$167,587
Hennepin County$138,433

Get Average Household Income for all Zip Codes in Minnesota.

55305 Per-Capita Income

The per-capita income for 55305 is $68,939. The per capita income ($68,939) for 55305 is less than the per capita income for 55345 ($77,623), 55391 ($121,153), and Minnetonka city ($75,502). But it's more than 55343 ($54,428), 55426 ($58,202), 55441 ($67,258), 55447 ($67,240), Hennepin County ($59,401), and Hopkins city ($48,787).

55305$68,939
Hopkins city$48,787
Minnetonka city$75,502
Hennepin County$59,401

Get Per-Capita Income for all Zip Codes in Minnesota.

55305 High Income Households

19.9% of households make over $200,000 a year. The percent high income households (19.9%) for 55305 is less than the percent high income households for 55345 (33.6%), 55391 (43.0%), 55441 (22.1%), 55447 (28.6%), and Minnetonka city (25.5%). But it's more than 55343 (10.2%), 55426 (15.1%), Hennepin County (19.2%), and Hopkins city (8.3%).

5530519.9%
Hopkins city8.3%
Minnetonka city25.5%
Hennepin County19.2%

Get High Income Households for all Zip Codes in Minnesota.

55305 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
55305$42,941$134,615$121,975$70,979
Hopkins city$55,536$83,400$88,007$57,500
Minnetonka city$64,375$148,953$146,470$81,228
Hennepin County$52,540$107,913$123,742$68,042

Get Median Household Income by Age of Householder for all Zip Codes in Minnesota.

55305 Map

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About the Data

Data Sources

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2024 5-year estimates. You can find this information and other demographics for 55305 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars) By Age Of Householder

Margins of Error

Margins of error for the income data are:

Median Household Income Average Household Income Per Capita Income High Income Households Median Household Income by Age of Householder
under 25 25 to 44 45 to 64 65+
55305+/-$7,490+/-$10,420+/-$5,355+/-2.5%+/-$25,545+/-$27,892+/-$23,119+/-$8,400
Hopkins city+/-$5,847+/-$7,036+/-$4,160+/-2.4%+/-$12,714+/-$6,766+/-$15,765+/-$13,741
Minnetonka city+/-$4,391+/-$8,434+/-$4,098+/-1.6%+/-$30,411+/-$18,466+/-$7,941+/-$7,737
Hennepin County+/-$1,190+/-$1,439+/-$663+/-0.3%+/-$3,766+/-$1,614+/-$3,107+/-$1,513