55432 Zip Code

April 25, 2024

Zip Code:	55432
City/Town:	Spring Lk Pk
State:	Minnesota

Population:	30,027
Per Capita Income:	$27,624
Mean Household Income:	$65,826

Total Housing Units:	12,342
Median Home Value:	$120,400
Median Year Homes Built:	1968

Land Area:	9.9 sq miles 25.6 sq kilometers
Water Area:	0.6 sq miles 1.6 sq kilometers

Population Information (55432 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

30,027

Male:

14,788

49.2%

Female:

15,239

50.8%

Median Age:

38.1 yrs

37.2 yrs

Under 5 years:

2,010

6.7%

6.5%

5 to 9 years:

1,853

6.2%

6.6%

10 to 19 years:

3,639

12.1%

13.8%

20 to 29 years:

4,290

14.3%

13.8%

30 to 39 years:

3,988

13.3%

13.0%

40 to 49 years:

4,143

13.8%

14.2%

50 to 59 years:

4,021

13.4%

13.6%

60 to 69 years:

3,074

10.2%

9.4%

70 to 79 years:

1,987

6.6%

5.4%

80 years and over:

1,022

3.4%

3.7%

Housing Information (55432 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$120,400

$119,600

Median year homes build:

1968

1971

Median real estate taxes:

$1,246 / yr.

$1,334 / yr.

Median rent:

$626 / mo.

$519 / mo.

Total households:

12,342

Family households:

7,794

63.2%

66.4%

Nonfamily households:

4,548

36.8%

33.6%

Households with individuals under 18 years:

3,621

29.3%

33.4%

Households with individuals 65 years and over:

3,154

25.6%

24.9%

Average household size:

2.4

Average family size:

3.0

Total housing units:

13,027

Occupied housing units:

12,342

94.7%

88.6%

Vacant housing units:

685

5.3%

11.4%

For rent:

369

2.8%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

113

0.9%

1.4%

Sold, not occupied:

0.2%

0.3%

For seasonal, recreational, or occasional use:

0.2%

3.5%

All other vacants:

136

1.0%

2.8%

Homeowner vacancy rate:

1.3%

2.4%

Rental vacancy rate:

8.4%

9.2%

Owner-occupied housing units:

8,325

Population in owner-occupied housing units:

20,461

Average household size of owner-occupied units:

2.5

2.65

Renter-occupied housing units:

4,017

Population in renter-occupied housing units:

9,428

Average household size of renter-occupied units:

2.4

2.44

Educational Attainment (55432 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

20,570

Less than 9th grade:

661

3.2%

6.2%

9th to 12th grade, no diploma:

1,563

7.6%

8.7%

High school graduate (includes equivalency):

6,954

33.8%

29.0%

Some college, no degree:

5,138

25.0%

20.6%

Associate degree:

1,477

7.2%

7.5%

Bachelor's degree:

3,508

17.1%

17.6%

Graduate or professional degree:

1,269

6.2%

10.3%

Percent high school graduate or higher:

89.2%

85.0%

Percent bachelor's degree or higher:

23.2%

27.9%

Income Information (55432 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:

11,635

38.7%

50.4%

Median income:

$31,797 / yr.

$27,932 / yr.

Full-time, year-round workers:

6,888

22.9%

59.7%

Median income:

$39,550 / yr.

$38,349 / yr.

Females 15 years and over with income:

11,708

39.0%

49.6%

Median income:

$20,604 / yr.

$16,327 / yr.

Full-time, year-round workers:

5,108

17.0%

40.3%

Median income:

$30,319 / yr.

$28,135 / yr.

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