55328 Zip Code Population and Demographics

In this article, we'll explore the population statistics for the zip code 55328, including popular demographics data like median age, number of households, household income, gender, employment and unemployment rates, occupations, religion, and more.

55328 is a zip code in Carver County, Hennepin County, and Wright County, Minnesota, which covers Watertown, Independence, Delano, Franklin, and Rockford, with a total population of 9,572 people.

We are using the latest American Community Survey (ACS) 5-Year survey data from the US Census Bureau, which is accurate up to 2021.

Table of Contents

Population

There is a lot of data that lets us see how many people live in the 55328 zip code. The most basic data is the total population, which is the total number of people living in 55328.

The estimated population of people living in 55328 is 9,572, with a median age of 37.5.

We can look back at data from previous years to see how the population in the 55328 area has changed over the last 5 years.

Year Population Change 5-Year Change
2021
9,572
 -0.56% +2.80%
2020
9,626
+0.03%
-
2019
9,623
+2.37%
-
2018
9,400
+0.96%
-
2017
9,311
 - -

Population of 55328 by Race and Ethnicity

How much has the race and ethnicity of the population in the 55328 zip code changed? The US Census Bureau gives us a few defined types that the population is broken down into.

Let's look at the total numbers and also the change over the last 5 years.

Race 2021 2017 Change
White
94.6%
95%
 -0.42%
Black/African American
0%
0%
 0.00%
Native
0.1%
0.1%
 0.00%
Hispanic
2.8%
0.6%
 +366.67%
Asian
0.2%
0.9%
 -77.78%
Hawaiian/Pacific Islander
0%
0%
 0.00%
Two Or More Races
2.3%
2.7%
 -14.81%
Other
0%
0.6%
 -100.00%

This data can be very important for anybody studying the 55328 zip for a number of reasons, including social and economic research, planning and development, and marketing to a multi-cultural population.

Note that the Native group includes both Native American and Alaskan Native people.

Population of 55328 by Age and Gender

We can also monitor the change of the age and gender in the 55328 zip code to track track trends in the population over time.

We can see how the population in 55328 has changed over the last 5 years by median age as a total, and also by male and female.

Year Total Male Female
2021 37.5 +0.81% 36.7 +0.27% 38.4 +2.13%
2020 37.2 -2.62% 36.6 -1.88% 37.6 -4.08%
2019 38.2 -3.29% 37.3 -2.61% 39.2 -1.75%
2018 39.5 -1.5% 38.3 -4.25% 39.9 -1.24%
2017 40.1 - 40 - 40.4 -

The median age of the 55328 zip gives you an idea of the age distribution, with half of the population being older than the median age and half being younger.

This can then be used to infer and compare against birth rates, parent ages, and more metrics to understand the population. For example, an increasing median age indicates an aging population in the 55328 area, which can be a sign of a declining population in terms of birth rates and workforce participation.

Age 2021 2017
(Years) Male Female Male Female
0 to 9 668 +30.26% 620 +5.43% 860 642
10 to 19 818 -9.91% 788 -13.6% 714 685
20 to 29 269 +32.23% 362 +24.88% 357 409
30 to 39 579 +30.61% 542 +37.12% 774 743
40 to 49 657 -0.81% 756 -16.78% 642 623
50 to 59 880 -26.87% 731 -31.59% 660 522
60 to 69 349 +24.41% 401 +30.67% 439 533
70+ 451 -13.55% 440 +30.12% 392 577

Median Household Income

The latest median household income for the 55328 zip code is $95,296.00.

In simple terms, the median income is the middle income of a group of people. Half of the people in the group make more than the median income, and half make less.

The median income is a good indicator of the overall income of a group of people, and can be used to compare against other metrics such as the average income, per capita income, and more.

Median Income by Age

We can also look at the median income by age to see how the median income varies by age, and how it compares to the overall median income for 55328.

  • Under 25
    $0.00
  • 25 to 44
    $111,202.00
  • 45 to 64
    $115,518.00
  • 65 and over
    $46,563.00

Average Household Income

Whenever we ask what is the average household income in the 55328 zip code, we are actually talking about the mean household income.

This is calculated by adding up all the incomes of all the households in 55328, and then dividing that number by the total number of households.

This is a good way to get a general idea of the average income of a group of people, but it can be skewed by a very high or very low incomes.

The average household income of 55328 is currently $117,909.00.

In terms of accurately summarizing income at a geographic level, the median income is a better metric than the average income because it isn't affected by a small number of very high or very low incomes.

If you had an area where the average income was greater than the median, it can mean that there is significant income inequality, with income being concentrated in a small number of wealthy households.

13.74% of households in 55328 are classed as high income households (making $200,000+ per year).

Household Income Tiers

The US Census Bureau divides households into income tiers based on the median income for the area. This is a good way to compare the income of 55328 against other zip codes.

  • Less than $24,999
    10.79%
  • $25,000 to $49,999
    12.41%
  • $50,000 to $74,999
    14.78%
  • $75,000 to $99,999
    14.00%
  • $100,000 to $149,999
    26.64%
  • $150,000 to $199,999
    7.64%
  • $200,000 or more
    13.74%

Per Capita Income

The per capita income in 55328 is $43,786.00.

Per capita income is the average income of a person in a given area. It is calculated by dividing the total income of 55328 by the total population of 55328.

This is different from the average or mean income because it includes and accounts for all people living in the 55328 area, including people like children, the elderly, unemployed people, retired people, and more.

Education Levels

We can also look at the education levels in 55328 to see how many people have a high school degree, a bachelor's degree, or a graduate degree.

Educational attainment is a good indicator of the overall education level of a population, and can be used to compare against other metrics such as the average income, per capita income, and more to see how education levels affect income, unemployment rates, and more.

  • Master's degree or higher
    10.22%
  • Bachelor's degree
    42.60%
  • Some college or associate's degree
    8.46%
  • High school diploma or equivalent
    37.83%
  • Less than high school diploma
    0.90%

Employment

Employment rates are all based around the total population in 55328 that are over the age of 16.

Currently, the total population of the 55328 zip over the age of 16 is 7,198.

Of those people, a total of 71.30% are working or actively looking for work. This is called the labor force participation rate.

The participation rate is a useful market measure because it shows the relative amount of labor resources available to the economy.

The employment to total population rate in 55328 is 70.20%.

Employment by Age

We can look at the employment rates by age to see how it compares to the overall employment rate. Here's how that breaks down for the 55328 zip code.

Age Population Participation Unemployment Rate
16 to 19 years 527 44.60% 6.00%
20 to 24 years 495 87.30% 0.00%
25 to 29 years 271 100.00% 0.00%
30 to 34 years 523 97.10% 3.70%
35 to 44 years 1,653 91.20% 0.30%
45 to 54 years 1,106 91.90% 0.00%
55 to 59 years 682 85.00% 1.00%
60 to 64 years 508 69.10% 9.70%
65 to 74 years 776 25.40% 0.00%
75 years and over 657 5.30% 0.00%

Employment by Race

Another very interesting employment statistic we can look at is the employment and unemployment rates by race in 55328. The table below shows the rates for each of the ethnicity groups types defined by the US Census Bureau (which we mentioned earlier in this article).

Age Population Participation Unemployment Rate
White 6,943 70.80% 1.40%
Black or African American 0 0.00% 0.00%
American Indian and Alaska Native 7 100.00% 0.00%
Asian 20 50.00% 40.00%
Native Hawaiian and Other Pacific Islander 0 0.00% 0.00%
Other 52 100.00% 0.00%
Two or more races 176 83.00% 4.10%
Hispanic or Latino 206 97.60% 0.00%
Not Hispanic or Latino 6,842 70.50% 1.40%

Occupations

In this section we can look at the most common occupations for people living in the 55328 area as well as the gender breakdown and earnings of them.

The total population of civilian employees that are 16 years old or older in 55328 is 5,055, with median earnings of $53,941.00.

Women in 55328 are earning approximately 55.20% of the men's earnings.

Population Earnings
Total 5,055 $53,941.00
Male 2,638 $74,091.00
Female 2,417 $40,871.00

Occupations by Category

In the table below, we can break down the population and earnings for 55328 even further by occupation. The list of occupation categories below will show you how many people are employed in each category and the median earnings of each profession.

Occupation Employed Earnings
Management 682 $107,237.00
Business and Financial 202 $83,750.00
Computer and Mathematical 135 $95,787.00
Architecture and Engineering 222 $90,512.00
Life, Physical, and Social Science 30 $86,000.00
Community and Social Service 114 $83,611.00
Legal 49 $98,807.00
Educational and Library 411 $34,798.00
Arts, Design, Entertainment, Sports, and Media 140 $55,543.00
Healthcare Practitioners 181 $66,750.00
Healthcare Support 136 $35,714.00
Firefighters and Protective Service 19 $28,417.00
Law Enforcement 0 $0.00
Food Preparation and Serving 314 $27,321.00
Building and Grounds Cleaning 116 $15,104.00
Personal Care and Service 125 $30,960.00
Sales 414 $50,795.00
Office and Administrative Support 741 $43,042.00
Farming, Fishing, and Forestry 15 $0.00
Construction and Extraction 351 $68,403.00
Installation, Maintenance, and Repair 188 $85,217.00
Production 281 $41,094.00
Transportation and Material Moving 85 $73,287.00

Occupations by Gender

Now we can also look at the occupations by category for 55328 when it is broken down by male and female.

This lets us see how many male and females work in each occupation, the median earnings, and the male to female ratio of earnings for 55328.

That last metric is important because it can be used to look at the gender pay gap between men and women.

Occupation Male Female
Population Earnings Population Earnings
Management 436 $134,200.00 246 $79,188.00
Business and Financial 95 $98,558.00 107 $61,607.00
Computer and Mathematical 118 $92,500.00 17 $0.00
Architecture and Engineering 202 $90,813.00 20 $0.00
Life, Physical, and Social Science 0 $0.00 30 $86,000.00
Community and Social Service 32 $61,447.00 82 $85,938.00
Legal 18 $0.00 31 $98,239.00
Educational and Library 40 $73,750.00 371 $33,185.00
Arts, Design, Entertainment, Sports, and Media 27 $0.00 113 $49,115.00
Healthcare Practitioners 18 $0.00 163 $65,250.00
Healthcare Support 6 $0.00 130 $36,250.00
Firefighters and Protective Service 4 $0.00 15 $0.00
Law Enforcement 0 $0.00 0 $0.00
Food Preparation and Serving 196 $29,128.00 118 $23,707.00
Building and Grounds Cleaning 74 $7,283.00 42 $15,313.00
Personal Care and Service 7 $0.00 118 $31,116.00
Sales 246 $80,474.00 168 $30,640.00
Office and Administrative Support 157 $58,750.00 584 $40,909.00
Farming, Fishing, and Forestry 12 $0.00 3 $0.00
Construction and Extraction 347 $68,495.00 4 $0.00
Installation, Maintenance, and Repair 178 $85,761.00 10 $0.00
Production 239 $37,917.00 42 $44,100.00
Transportation and Material Moving 82 $73,426.00 3 $0.00

Households and Family Size

A household is defined by the US Census Bureau as a group of people who occupy a housing unit. A housing unit is a house, apartment, mobile home, group of rooms, or single room occupied as separate living quarters.

There are currently 3,457 households in 55328, with an average household size of 2.75 people.

A family is defined as a group of two or more people related by birth, marriage, or adoption who live together in the same household.

There are 2,471 families living in the 55328 zip code with an average family size of 3.37 people.

Households by Marital Status

The four categories of household by marital status are:

  • Married-couple family
  • Male householder with no spouse present
  • Female household with no spouse present
  • Nonfamily household

The table below shows the total number of households and families, with the average sizes of each, that live in 55328:

Married Male Female Nonfamily
Total Households 1,971 220 280 986
Average Household Size 3.55 2.9 2.8 1.11
Total Families 1,971 220 280 0
Average Household Size 3.55 2.59 2.7 0

Poverty

Of the 2,471 families living in 55328, 3.50% are considered to be below the poverty threshold.

The table below shows the latest poverty thresholds in 55328:

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Housing

There are 3,529 housing units in 55328.

The table below shows the split between occupied and vacant units:

Total Percentage
Occupied 3,457 97.96%
Vacant 72 2.04%

16.69% of the total 3,529 housing units in 55328 are rental units. This is approximately 589 properties.

For owner-occupied housing units, a total of 2,868 are occupied by the owner - or 81.27% of the total.

Rental Rates

The median rent for a property in 55328 is $965.00.

In the chart below, we can look at the number of rental properties in 55328 that fall into a particular rent range. These can then be used to compare with other areas, or to see how they have changed over time.

  • No rent paid
    0
  • Less than $500
    103
  • $500 to $999
    210
  • $1,000 to $1,499
    106
  • $1,500 to $1,999
    145
  • $2,000 to $2,499
    25
  • $2,500 to $2,999
    0
  • $3,000 or more
    0

Property Value

The median value of a property in 55328 is $311,100.00.

Just like with rental rates, we can look at the number of properties in 55328 that fall into a particular value range.

  • Less than $50,000
    91
  • $50,000 to $99,999
    34
  • $100,000 to $149,999
    71
  • $150,000 to $199,999
    294
  • $200,000 to $299,999
    858
  • $300,000 to $499,999
    1,117
  • $500,000 to $999,999
    384
  • $1,000,000 or more
    19

Property Age

We can also look at the age of properties in 55328. The chart below shows the number of properties in 55328 that fall into a particular age range.

  • 1939 or earlier
    431
  • 1940 to 1949
    62
  • 1950 to 1959
    220
  • 1960 to 1969
    213
  • 1970 to 1979
    601
  • 1980 to 1989
    290
  • 1990 to 1999
    581
  • 2000 to 2009
    805
  • 2010 to 2013
    295
  • 2014 or later
    31

Vehicles per Household

The number of vehicles available per household can be a good indicator of the level of affluence in an area. The chart below shows the number of households in 55328 that have a particular number of vehicles available.

  • No vehicles available
    112
  • 1 vehicle available
    863
  • 2 vehicles available
    1,578
  • 3 or more vehicles available
    904

Commuting to Work

In this section, we can also look at how people in 55328 get to work. The chart below shows the number of people in 55328 that commute to work in a particular way.

30.3 minutes is the average travel time to work for people in 55328.

These commute times can be compared to other date like income and educational levels to see how they relate to each other and if there are any trends in the data that might suggest a correlation.

  • Less than 5 minutes
    135
  • 5 to 9 minutes
    309
  • 10 to 14 minutes
    514
  • 15 to 19 minutes
    231
  • 20 to 24 minutes
    386
  • 25 to 29 minutes
    328
  • 30 to 34 minutes
    622
  • 35 to 39 minutes
    525
  • 40 to 44 minutes
    471
  • 45 to 59 minutes
    617
  • 60 to 89 minutes
    182
  • 90 or more minutes
    55

Summary

We've covered a LOT of demographic and population data for 55328 in this article! Hopefully you have found it very useful in your research of the area.

If you use any of the data found on this page, please consider linking back to USPopulation.org as the source and if you have any feedback or data requests, click here to contact us.

States in 55328

If you want to see how the population and demographics of 55328 compare to other zip codes in Minnesota, check out the list of all Minnesota zip codes below: