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Home » United States » What is the wealthiest zip code in Minnesota?

What is the wealthiest zip code in Minnesota?

December 14, 2021 by Shelia Campbell

55424.
10 Richest Minnesota Zip Codes

Rank Zip Code Mean Income
1 55424 $275,866
2 55356 $243,750
3 55391 $223,577
4 55331 $197,663

Contents

What is the richest part of Minnesota?

Dellwood
WASHINGTON COUNTY, MN — The wealthiest town in Minnesota is Dellwood, located in the east metro of the Twin Cities, according to a 2021 study. The tiny, secluded community is home to less than 1,300 people. For its annual “richest town in every state” list, the financial news site 24/7 Wall St.

What zip code has the most billionaires?

94028: Portola Valley, California
It is also considered to be a part of Silicon Valley and according to Silicon Valley Business Journal, billionaires including real estate titan John Arrillaga, venture capitalist Vinod Khosla, and former Cisco Systems CEO John Morgridge have all called the neighborhood home.

What income is considered upper class in Minnesota?

In Minnesota, households must earn a minimum of $32,182 per year to be considered middle class, with the upper earnings boundary set at $134,816, according to a new 24/7 Wall St. analysis.

Is Edina Minnesota rich?

Edina is wealthy, but not the wealthiest town in the Twin Cities. Woodbury, Chanhassen, Eden Prairie and Maple Grove, among others, all have higher median household incomes. Edina’s schools are excellent, but U.S. News & World Report ranks Edina High School at No. 10 in the state.

What is the richest suburb of Minneapolis?

Detailed List Of The Richest Neighborhoods In Minneapolis For 2021

Rank Neighborhood Median Household Income<
1 Kenwood $151,512
2 Lynnhurst $138,952
3 Page $134,862
4 Fulton $128,282
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What is the biggest suburb in Minnesota?

Minneapolis
Get a spreadsheet with the most current population, income, housing demographics and more for all cities, counties or zips in Minnesota. Learn more.
Looking for a list of cities, counties or zips in Minnesota?

Rank City Population
1 Minneapolis 429,954
2 St. Paul 311,527
3 Rochester 121,395
4 Bloomington 89,987

What is the richest state in America?

This Is the Richest State in the U.S., According to Data

  • New Hampshire.
  • Washington.
  • Connecticut.
  • California. Median household income: $80,440.
  • Hawaii. Median household income: $83,102.
  • New Jersey. Median household income: $85,751.
  • Massachusetts. Median household income: $85,843.
  • Maryland. Median household income: $86,738.

What is the most expensive zip code?

94027
These are America’s 10 most expensive zip codes

Rank Zip code Median sales price in 2021
1 94027 $7,475,000
2 02199 $5,500,000
3 11962 $5,000,000
4 94957 $4,583,000

What is the poorest ZIP code?

10 poorest zip codes in America

  1. Zip code: 15929 │ East Wheatfield, Pennsylvania.
  2. Zip code: 97414 │ Broadbent, Oregon.
  3. Zip code: 44503 │ Youngstown, Ohio.
  4. Zip code: 86029 │ Sun Valley, Arizona.
  5. Zip code: 16501 │ Erie, Pennsylvania.
  6. Zip code: 62523 │ Decatur, Illinois.
  7. Zip code: 44702 │ Canton, Ohio.

Why is Minnesota so rich?

Low unemployment and poverty levels contributed to Minnesota’s high median household income, according to a new list.Minnesota is among the nation’s wealthiest states based on median household income, according to a recent list compiled by CNBC.com.

What is a good net worth by age?

The average net worth for U.S. families is $748,800. The median — a more representative measure — is $121,700.
Average net worth by age.

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Age of head of family Median net worth Average net worth
35-44 $91,300 $436,200
45-54 $168,600 $833,200
55-64 $212,500 $1,175,900
65-74 $266,400 $1,217,700

How many millionaires are there in Minnesota?

List

Rank State Number of millionaire households
14 North Carolina 224,054
15 Maryland 221,189
16 Colorado 170,223
17 Minnesota 167,206

Is Wayzata rich?

Paul Business Journal published its own ranking of the Twin Cities’ richest ZIP codes over the summer, and both those areas also showed up on our list — but they weren’t the wealthiest. Wayzata was ranked No. 4 on our list, and Edina’s 55424 was ranked No.Another Edina ZIP (55439) was ranked tops on our ranking.

Is Wayzata MN rich?

Wayzata is an affluent city just 4.7 square miles in size. Wayzata is the 2nd wealthiest zip code in Minnesota by average adjusted gross income ($345,200 annually). Though the average household size is just 2.0 persons, the average home price is $580,000 according to Bloomberg Business.

How old is Edina?

Edina, Minnesota
County Hennepin
Founded 1860s
Incorporated 1888
Government

Where is the rich side of Minneapolis?

Downtown East
Back in 2017, prominentconstructionllc.com ranked Downtown East as one of the most expensive neighborhoods in Minneapolis. 4 years later, and the prices are still as high as ever, as is the average household income.

Is Eden Prairie wealthy?

Eden Prairie is an affluent, southwest metro suburb with direct access to I-494. The city is home to approximately 64,000 residents, the 6th largest population in Hennepin County.

What’s the biggest house in Minnesota?

This home is located in Minnetrista, MN on Lake Minnetonka and is a whopping 22,430 sqft! It’s listed for $5,950,000, sits on 2.21 acres, and has 8 bedrooms, 11.5 bathrooms. And yes, this is listed as a single-family home, although you could easily rent it out to quite a few people.

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What is the fastest growing city in Minnesota?

Rogers
Among the 100 largest cities in Minnesota, the fastest growing city is Rogers, whose population has grown 240.6% since the year 2000.

Is Duluth bigger than Minneapolis?

The largest city in Minnesota is Minneapolis, with a population of 439,012.
10 Largest Cities in Minnesota.

Name Duluth
2021 Pop. 85,142
2010 Census 86,191
Change -1.22%
Density (mi²) 1,188

Filed Under: United States

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About Shelia Campbell

Sheila Campbell has been traveling the world for as long as she can remember. Her parents were avid travelers, and they passed their love of exploration onto their daughter. Sheila has visited every continent on Earth, and she's always looking for new and interesting places to explore.

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