55345 can be classified socioeconomically as Middle Class class compared to other ZIP Codes in Minnesota based on Median Household Income and Average Adjusted Gross Income. The majority race/ethnicity residing in 55345 is White. The majority race/ethnicity attending public schools in 55345 is White. The current unemployment level in 55345 is 4.9%.
| Population | 21,440 |
| Population Growth Rate | -1.88% |
| Population Density | 1,853 People per Square Mile |
| Total Households | 8,654 |
| Percentage High Income Households | 13.8% |
| Median Household Income (2021) | $120,204 |
| Average Adjusted Gross Income (2021) | $530,560 |
| Current Unemployment Rate (May 2026) | 4.9% |
| Sales Tax Rate (2025) | 8.5% |
| Majority Race/Ethnicty | White - 89.05% |
| Public School Majority Race/Ethnicty | White - 78.47% |
55345 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
| White | 18,700 | 89.03% |
| Black | 678 | 3.23% |
| Hispanic | 664 | 3.16% |
| Asian | 917 | 4.37% |
| Native American | 40 | 0.19% |
| Hawaiian/Pac. Islander | 5 | 0.02% |
55345 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
| White | 6,209 | 83.12% |
| Black | 318 | 4.26% |
| Hispanic | 384 | 5.14% |
| Asian | 531 | 7.11% |
| Native American | 24 | 0.32% |
| Hawaiian/Pac. Islander | 4 | 0.05% |
55345 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
| Less Than 1 Year of College | 958 | 6.43% |
| Bachelor Degree | 5,606 | 37.61% |
| High School Diploma | 2,126 | 14.26% |
| No High School Diploma | 57 | 0.38% |
| GED or Alternate | 197 | 1.32% |
| 1 or More Years of College | 2,046 | 13.73% |
| Associates Degree | 1,214 | 8.14% |
| Masters Degree | 1,859 | 12.47% |
| Professional Degree | 609 | 4.09% |
| Doctorate Degree | 235 | 1.58% |