ZIP 55129 - 860Z200US55129 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 55129 for your next home, investment property, or business location, this demographic and housing snapshot offers a clear picture of the area in 2023. Located in a dynamic part of Minnesota, this ZIP code represents a blend of suburban growth and diversity. Whether you’re a homebuyer, real estate investor, small-business owner, or data analyst, understanding the population, income, housing costs, and cultural makeup of 55129 can help you make informed decisions. Let’s dive into the numbers and uncover what makes this area unique.

Population & Households

ZIP 55129 is home to a robust population of 32,016 residents as of 2023, making it a sizable community with a strong residential base. This population is distributed across 11,046 households, indicating a healthy density of families and individuals. With 11,465 total housing units in the area, there’s a slight surplus of homes relative to households, which could suggest some availability for new residents or investors looking to enter the market. These figures point to a stable, growing community that can support both personal and professional opportunities.

Income & Housing Costs

One of the standout metrics for ZIP 55129 is its median household income of $152,500, which reflects a high-earning community with significant purchasing power. This income level positions the area as an attractive spot for businesses catering to affluent customers. On the housing front, the median home value stands at $517,800, indicating a premium real estate market that could offer strong long-term value for buyers and investors. For renters, the median rent is $1,888 per month, which aligns with the area’s higher cost of living but also suggests demand for quality rental properties. These financial metrics highlight 55129 as a prosperous area with opportunities for those who can navigate its price points.

Race & Ethnicity

The demographic composition of ZIP 55129 showcases a diverse yet predominantly white community. As of 2023, the racial breakdown is 66.38% white, 16.92% Asian, 8.26% Black, and 2.99% Hispanic, with other groups making up the remainder. This diversity, particularly the significant Asian population, adds cultural richness to the area, which can be a draw for families seeking inclusive environments and for businesses aiming to serve varied customer bases. Understanding this mix can help stakeholders anticipate community needs and tailor their approaches accordingly.

Key Facts

• Total population in ZIP 55129: 32,016 residents in 2023.
• Total households: 11,046, supporting a family-oriented community.
• Total housing units: 11,465, with slight availability over household count.
• Median household income: $152,500, indicating strong economic vitality.
• Median home value: $517,800, reflecting a high-value real estate market.
• Median rent: $1,888, suggesting demand for premium rental options.
• Racial diversity: 66.38% white, 16.92% Asian, 8.26% Black, 2.99% Hispanic.

What This Means for You

For homebuyers, ZIP 55129 offers a prosperous community with high home values, making it a potential long-term investment if you’re prepared for the $517,800 median price tag. The diverse population also means access to a culturally rich environment, ideal for families. Real estate investors and agents will find opportunities in the slight surplus of housing units and strong median income of $152,500, which supports demand for both sales and rentals at a median of $1,888. Small-business owners can leverage the affluent demographic and cultural diversity to target niche markets or offer premium services. Analysts can use these metrics to benchmark 55129 against other ZIP codes for deeper regional insights. Across all groups, the data suggests a stable, high-value area worth exploring for personal or professional growth.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 55129? Start by visiting ZipcodeGPT for a user-friendly platform to analyze demographic and housing data.
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