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A market with no active rental pool to price against. The sale-side figures below are the whole picture.
What would change this read: the median listing price is +13.6% YoY. inventory, +136.1% YoY, is the number to watch.
The median listing price is up 13.6% YoY while the median home got up 4.0% bigger, so value per square foot is up 6.0%.
U.S. Census ACS characteristics for ZIP 55346 itself, not its parent county.
Renters hold 13.4% of this ZIP's 6,764 occupied households, on a median household income of $135K.
| Measure | ZIP 55346 | Hennepin County | Difference |
|---|---|---|---|
| Median Household Income | $135K | $98K | +$37K |
| Below Poverty Level | 3.7% | 10.0% | -6.3% |
| Median Age | 41.40 | 37.60 | +3.80 |
| Total Population | 18,588 | 1,269,496 | -- |
| Avg Household Size | 2.74 | 2.30 | +0.44 |
| Owner-Occupied | 86.6% | 62.7% | +23.9% |
| Worked From Home | 29.4% | 25.2% | +4.2% |
| Mean Commute | 21.90 | 21.90 | 0.00 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 0.0% to 1,269,496: residents under 18 are down 0.8% and those 65 and over are up 3.3%.
County median household income is $98K, 10.0% of residents are below the poverty level, 25.2% work from home.