ZIP 55448 - 860Z200US55448 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 55448 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in the greater Minneapolis-St. Paul area, this ZIP code offers a mix of suburban appeal and economic opportunity. With data from 2023, this snapshot provides a clear picture of the population, income levels, housing costs, and racial composition in 55448. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights can guide your decision-making with confidence.

Population & Households

ZIP 55448 is home to a population of 28,925 residents, making it a moderately sized community with a strong suburban feel. This area supports 10,745 households, reflecting a stable base of families and individuals. The total number of housing units stands at 10,847, indicating a tight housing market with limited vacancy. For those looking to settle or invest here, this suggests a community with consistent demand for residential properties.

Income & Housing Costs

The median household income in ZIP 55448 is $95,610, pointing to a relatively affluent area with solid earning potential. This income level supports a comfortable lifestyle and offers opportunities for businesses targeting middle- to upper-middle-class consumers. On the housing front, the median home value is $301,100, which aligns with the income demographics and reflects a market that’s accessible yet competitive. For renters, the median rent is $1,706 per month, indicating a significant cost for leasing in this area. These figures suggest that both buying and renting come with a notable financial commitment, but the income levels provide a foundation for affordability for many residents.

Race & Ethnicity

The demographic makeup of ZIP 55448 is predominantly White, with 75.28% of the population identifying as such. Black residents account for 8.23%, while Asian and Hispanic populations are nearly equal at 6.7% and 6.6%, respectively. This diversity, though not as pronounced as in urban centers, offers a glimpse into a community that’s evolving and inclusive. For businesses and investors, this mix can inform marketing strategies or community engagement efforts, ensuring alignment with the area’s cultural fabric.

Key Facts

• Total population: 28,925 residents in ZIP 55448.
• Total households: 10,745, supporting a stable community base.
• Total housing units: 10,847, indicating limited vacancy.
• Median household income: $95,610, reflecting strong earning potential.
• Median home value: $301,100, a competitive yet accessible market.
• Median rent: $1,706, a significant cost for renters.
• Racial composition: 75.28% White, 8.23% Black, 6.7% Asian, 6.6% Hispanic.

What This Means for You

For homebuyers, ZIP 55448 offers a stable, suburban environment with a median home value of $301,100. The strong median income of $95,610 suggests neighbors with financial stability, which can contribute to a secure investment in property value over time. However, with limited housing units available, acting quickly on opportunities is key.

For real estate investors and agents, the tight housing market (10,847 units for 10,745 households) signals high demand and low vacancy. This could translate to steady rental income, especially with a median rent of $1,706, though competition for properties may be fierce. Focus on properties that cater to the middle-income demographic prevalent here.

For small-business owners, the income levels and population size in 55448 present a promising customer base. With nearly 29,000 residents and a median income above $95,000, there’s potential for businesses offering mid-range goods and services. Tailoring offerings to a diverse yet predominantly White population can help maximize appeal.

For analysts, the data points to a balanced community with growth potential. The slight diversity in racial composition and solid income metrics suggest an area that’s attractive for long-term residential and commercial development.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 55448? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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