Compare with
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 −7.0% YoY. inventory, −6.8% YoY, is the number to watch.
The median listing price is down 7.0% YoY while the median home got down 2.8% bigger, so value per square foot is down 2.0%.
U.S. Census ACS characteristics for ZIP 55347 itself, not its parent county.
Renters hold 8.3% of this ZIP's 11,823 occupied households, on a median household income of $155K.
| Measure | ZIP 55347 | Hennepin County | Difference |
|---|---|---|---|
| Median Household Income | $155K | $98K | +$58K |
| Below Poverty Level | 2.5% | 10.0% | -7.5% |
| Median Age | 43.40 | 37.60 | +5.80 |
| Total Population | 30,429 | 1,269,496 | -- |
| Avg Household Size | 2.57 | 2.30 | +0.27 |
| Owner-Occupied | 91.7% | 62.7% | +29.0% |
| Worked From Home | 34.2% | 25.2% | +9.0% |
| Mean Commute | 21.60 | 21.90 | -0.30 |
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.