ZIP Code 55040
ZIP / ZCTAPopulation: 14,451
ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes. Boundaries may differ slightly from postal delivery areas, and estimates for less-populated ZCTAs carry higher margins of error.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — 55040
- What is the median household income in 55040?
- The median household income in 55040 is $88,576 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in 55040?
- The poverty rate in 55040 is 3.3% (U.S. Census Bureau ACS 2023).
- What is the median home value in 55040?
- $287,700 (U.S. Census Bureau ACS 2023).
- What is the average rent in 55040?
- The median gross rent in 55040 is $1,298 per month (U.S. Census Bureau ACS 2023).
- What percentage of 55040 residents have a college degree?
- 18.4% of adults in 55040 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
14,451
Median Income
$88,576
Median Home Value
$287,700
Poverty Rate
3.3%
Unemployment (ACS 2023)
4.8%
Median Age
37.0 yrs
Since 2019
Median Income:
+$7,197 (+8.8%)
Home Value:
+$89,000 (+44.8%)
Poverty Rate:
-1.1 pp (-25%)
Bachelor's+:
+2.0 pp (+12.2%)
Unemployment:
+1.7 pp (+54.8%)
Demographics
Total Population
14,451
Median Age
37.0
Female
50.0%
Race & Ethnicity
Hispanic or Latino 3.4%
White (non-Hisp.) 91.8%
Black 0.2%
Asian 2.1%
Two or More 4.0%
Other 0.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$88,576
±$7,516
Per Capita Income
$107,877
Median Family Income
$91,500
Poverty Rate
3.3%
Child Poverty Rate
4.6%
Working-Age Poverty Rate
—
SNAP Recipients
4.2%
Social Security Income
—
Retirement Income
26.5%
Household Income Distribution
< $10k
3.4%
$10–15k
2.3%
$15–25k
1.6%
$25–35k
4.3%
$35–50k
8.9%
$50–75k
20.5%
$75–100k
15.5%
$100–150k
24.8%
$150–200k
10.6%
$200k+
8.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
5,635
Owner-Occupied
87.5%
Renter-Occupied
12.5%
Vacancy Rate
6.7%
Median Home Value
$287,700
Median Gross Rent
$1,298
Owner Cost Burden (30%+)
18.3%
Renter Cost Burden (30%+)
28.5%
Home Value Distribution
< $50k
4.2%
$50–100k
0.4%
$100–200k
4.1%
$200–300k
39.5%
$300–500k
38.1%
$500k–$1M
5.8%
$1M+
1.2%
Gross Rent Distribution
< $500
1.1%
$500–1k
27.5%
$1–1.5k
60.0%
$1.5–2k
9.0%
$2–2.5k
2.4%
Vehicle Availability
No vehicle
1.2%
1 vehicle
21.5%
2 vehicles
35.6%
3+
41.7%
Housing Type
Single-fam. det.
85.4%
Single-fam. att.
4.1%
5–19 units
0.3%
20+ units
7.5%
Mobile home
1.3%
Housing Age
Pre-1940
6.4%
1940–1969
0.7%
1970–1999
20.5%
2000–2009
22.6%
2010+
10.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
89.9%
Bachelor's or Higher
18.4%
Graduate Degree
4.5%
Some College / Associate
22.4%
Less Than High School
0.8%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
70.1%
Unemployment Rate
4.8%
Work from Home
13.1%
Self-Employed
7.7%
Government Workers
12.3%
Private For-Profit
80.0%
Industry
Edu/Health
20.8%
Manufacturing
20.4%
Construction
13.1%
Arts/Entmt.
9.8%
Retail
8.2%
Prof. Services
7.9%
Transportation
6.3%
Public Admin
4.4%
Finance
2.7%
Wholesale
1.3%
Agriculture
1.1%
Occupation
Management
34.0%
Sales
17.8%
Production
16.1%
Food Prep
16.1%
Construction
15.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
32.8 min
Drove Alone
78.8%
Carpool
5.6%
Public Transit
0.6%
Work from Home
13.1%
Walked
1.4%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
5,258
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
52.5%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
16.1%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
6.3%
5–9
7.3%
10–14
6.6%
15–19
5.2%
20–24
5.5%
25–34
13.5%
35–44
13.7%
45–54
12.6%
55–64
6.3%
65–74
8.0%
75–84
9.2%
85+
5.1%
Under 18: 23.8%
Working age (18–64): 76.2%
65 and over: 15.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
1.1%
Naturalized Citizen
32.2%
Speaks English Less Than Very Well
0.4%
Foreign-Born Origin
Latin America
72.4%
Europe
17.8%
Asia
7.9%
Veterans & Disability
Veteran
7.5%
With a Disability
13.2%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
93.1%
Uninsured
6.9%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
93.1%
Has a Computer
95.9%
Same House 1 Year Ago
84.1%
Moved from Abroad
0.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023