55331 Zip Code

April 25, 2024

Zip Code:	55331
City/Town:	Tonka Bay
State:	Minnesota

Population:	17,524
Per Capita Income:	$54,809
Mean Household Income:	$140,756

Total Housing Units:	6,666
Median Home Value:	$264,200
Median Year Homes Built:	1971

Land Area:	15.0 sq miles 38.7 sq kilometers
Water Area:	7.1 sq miles 18.4 sq kilometers

Population Information (55331 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

17,524

Male:

8,726

49.8%

49.2%

Female:

8,798

50.2%

50.8%

Median Age:

44.9 yrs

37.2 yrs

Under 5 years:

822

4.7%

6.5%

5 to 9 years:

1,257

8.2%

6.6%

10 to 19 years:

2,903

16.6%

13.8%

20 to 29 years:

1,215

6.9%

13.8%

30 to 39 years:

1,340

7.6%

13.0%

40 to 49 years:

3,102

17.7%

14.2%

50 to 59 years:

3,490

19.9%

13.6%

60 to 69 years:

1,992

11.4%

9.4%

70 to 79 years:

885

5.1%

5.4%

80 years and over:

518

3.0%

3.7%

Housing Information (55331 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$264,200

$119,600

Median year homes build:

1971

Median real estate taxes:

$3,954 / yr.

$1,334 / yr.

Median rent:

$594 / mo.

$519 / mo.

Total households:

6,666

Family households:

4,994

74.9%

66.4%

Nonfamily households:

1,672

25.1%

33.6%

Households with individuals under 18 years:

2,377

35.7%

33.4%

Households with individuals 65 years and over:

1,493

22.4%

24.9%

Average household size:

2.6

Average family size:

3.1

Total housing units:

7,203

Occupied housing units:

6,666

92.5%

88.6%

Vacant housing units:

537

7.5%

11.4%

For rent:

1.2%

3.1%

Rented, not occupied:

0.2%

For sale only:

1.4%

Sold, not occupied:

0.4%

0.3%

For seasonal, recreational, or occasional use:

258

3.6%

3.5%

All other vacants:

0.7%

2.8%

Homeowner vacancy rate:

1.7%

2.4%

Rental vacancy rate:

7.3%

9.2%

Owner-occupied housing units:

5,556

Population in owner-occupied housing units:

15,273

Average household size of owner-occupied units:

2.8

2.65

Renter-occupied housing units:

1,110

Population in renter-occupied housing units:

2,179

Average household size of renter-occupied units:

2.0

2.44

Educational Attainment (55331 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

11,452

Less than 9th grade:

102

0.9%

6.2%

9th to 12th grade, no diploma:

318

2.8%

8.7%

High school graduate (includes equivalency):

1,677

14.6%

29.0%

Some college, no degree:

2,465

21.5%

20.6%

Associate degree:

720

6.3%

7.5%

Bachelor's degree:

4,281

37.4%

17.6%

Graduate or professional degree:

1,889

16.5%

10.3%

Percent high school graduate or higher:

96.3%

85.0%

Percent bachelor's degree or higher:

53.9%

27.9%

Income Information (55331 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

6,216

35.5%

50.4%

Median income:

$52,695 / yr.

$27,932 / yr.

Full-time, year-round workers:

4,106

23.4%

59.7%

Median income:

$68,614 / yr.

$38,349 / yr.

Females 15 years and over with income:

5,815

33.2%

49.6%

Median income:

$22,291 / yr.

$16,327 / yr.

Full-time, year-round workers:

2,112

12.1%

40.3%

Median income:

$40,675 / yr.

$28,135 / yr.

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