55387 Zip Code

April 19, 2024

Zip Code:	55387
City/Town:	Waconia
State:	Minnesota

Population:	12,249
Per Capita Income:	$33,496
Mean Household Income:	$92,724

Total Housing Units:	4,458
Median Home Value:	$157,200
Median Year Homes Built:	1983

Land Area:	31.4 sq miles 81.2 sq kilometers
Water Area:	7.7 sq miles 19.9 sq kilometers

Population Information (55387 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

12,249

Male:

5,973

48.8%

49.2%

Female:

6,276

51.2%

50.8%

Median Age:

35.9 yrs

37.2 yrs

Under 5 years:

1,020

8.3%

6.5%

5 to 9 years:

1,135

6.6%

10 to 19 years:

1,909

15.6%

13.8%

20 to 29 years:

1,060

8.7%

13.8%

30 to 39 years:

1,790

14.6%

13.0%

40 to 49 years:

2,192

17.9%

14.2%

50 to 59 years:

1,337

10.9%

13.6%

60 to 69 years:

733

6.0%

9.4%

70 to 79 years:

514

4.2%

5.4%

80 years and over:

559

4.6%

3.7%

Housing Information (55387 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$157,200

$119,600

Median year homes build:

1983

1971

Median real estate taxes:

$2,013 / yr.

$1,334 / yr.

Median rent:

$617 / mo.

$519 / mo.

Total households:

4,458

Family households:

3,214

72.1%

66.4%

Nonfamily households:

1,244

27.9%

33.6%

Households with individuals under 18 years:

1,958

43.9%

33.4%

Households with individuals 65 years and over:

955

21.4%

24.9%

Average household size:

2.7

Average family size:

3.3

Total housing units:

4,675

Occupied housing units:

4,458

95.4%

88.6%

Vacant housing units:

217

4.6%

11.4%

For rent:

1.6%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

1.1%

1.4%

Sold, not occupied:

0.3%

For seasonal, recreational, or occasional use:

0.6%

3.5%

All other vacants:

0.9%

2.8%

Homeowner vacancy rate:

1.5%

2.4%

Rental vacancy rate:

7.2%

9.2%

Owner-occupied housing units:

3,514

Population in owner-occupied housing units:

10,317

Average household size of owner-occupied units:

2.9

2.65

Renter-occupied housing units:

944

Population in renter-occupied housing units:

1,794

Average household size of renter-occupied units:

1.9

2.44

Educational Attainment (55387 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

5,554

Less than 9th grade:

336

6.0%

6.2%

9th to 12th grade, no diploma:

294

5.3%

8.7%

High school graduate (includes equivalency):

1,609

29.0%

Some college, no degree:

1,261

22.7%

20.6%

Associate degree:

452

8.1%

7.5%

Bachelor's degree:

1,249

22.5%

17.6%

Graduate or professional degree:

353

6.4%

10.3%

Percent high school graduate or higher:

88.7%

85.0%

Percent bachelor's degree or higher:

28.8%

27.9%

Income Information (55387 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:

3,053

24.9%

50.4%

Median income:

$39,020 / yr.

$27,932 / yr.

Full-time, year-round workers:

2,087

17.0%

59.7%

Median income:

$45,699 / yr.

$38,349 / yr.

Females 15 years and over with income:

2,976

24.3%

49.6%

Median income:

$21,086 / yr.

$16,327 / yr.

Full-time, year-round workers:

1,217

9.9%

40.3%

Median income:

$30,579 / yr.

$28,135 / yr.

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