ZIP Code 55387 is associated with the city of Waconia in Minnesota (Carver County) in the U.S. Median househould income in this ZIP sits at $100,104, and approximately 1% of the population lives below the poverty line. About 96.7% of residents in this Minnesota region have a high school degree or higher, while the per capita income is estimated at $42,818. The median age in ZIP Code 55387 is approximately 38.4 years, with 16.8% of residents aged 62 years and older. The current population estimate is 13,512.
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The median household income in ZIP Code 55387 is $100,104, while the region's mean household income is $117,991. Breaking income down further, per capita income in the region is $42,818. The per capita income in ZIP Code 55387 of $42,818 is approximately 13.8% more than the per capita income in Minnesota overall of $37,625. An estimated 0.6% of the population is living below the poverty line in this region. This rate is approximately 93.68% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 23.1% of the population in 55387 earn $100,000 to $149,999 per year, while an estimated 15.0% earn $50,000 to $74,999 per year, and 1.3% of 55387 residents earn less than $10,000 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 1.3% |
| $10,000 to $14,999 per year | 4.0% |
| $15,000 to $24,999 per year | 3.0% |
| $25,000 to $34,999 per year | 5.1% |
| $35,000 to $49,999 per year | 7.0% |
| $50,000 to $74,999 per year | 15.0% |
| $75,000 to $99,999 per year | 14.4% |
| $100,000 to $149,999 per year | 23.1% |
| $150,000 to $199,999 per year | 12.5% |
| $200,000 or more per year | 14.5% |
In ZIP Code 55387, 96.7% of the population graduated high school, while 49.8% have a bachelor's degree or higher. In this region, 1.5% achieved an education level less than 9th grade, while 14.9% hold a graduate or professional degree. Approximately 19.0% in this Carver County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 1.5% |
| 9th to 12th grade, no diploma | 1.8% |
| High school graduate (includes equivalency) | 19.0% |
| Some college, no degree | 17.2% |
| Associate's degree | 10.7% |
| Bachelor's degree | 34.9% |
| Graduate or professional degree | 14.9% |
Looking at race in the population that makes up ZIP Code 55387, 98.9% is one race, while 1.1% are two or more races. Approximately 2.6% of 55387 residents are hispanic or Latino (of any race). The most common race in 55387 (race alone or in combination with one or more other races), is White (98.5%), followed by Black or African American (1.1%) .
| Industry | Percent |
|---|---|
| White | 98.5% |
| Black or African American | 1.1% |
| American Indian and Alaska Native | 0.1% |
| Asian | 0.8% |
| Native Hawaiian and Other Pacific Islander | 0.3% |
| Some other race | 0.6% |
Residents of ZIP Code 55387 are older than average. The median age of 38.4 years in ZIP Code 55387 is approximately 0.79% higher than the overall median age in the U.S. of 38.1 years. About 70.7% of residents are aged 18 years and older, and 16.8% of residents are 62 years and over. Approximately 16.4% of the population in 55387 falls in the age group 45 to 54 years, while an estimated 14.8% are aged 35 to 44 years. On the low end of the scale, 2.5% of 55387 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 6.6% |
| 5 to 9 years | 8.2% |
| 10 to 14 years | 9.4% |
| 15 to 19 years | 7.5% |
| 20 to 24 years | 4.0% |
| 25 to 34 years | 8.9% |
| 35 to 44 years | 14.8% |
| 45 to 54 years | 16.4% |
| 55 to 59 years | 5.7% |
| 60 to 64 years | 4.4% |
| 65 to 74 years | 6.4% |
| 75 to 84 years | 5.2% |
| 85 years and over | 2.5% |
One of the leading chronic health issues in ZIP Code 55387 is high cholesterol, as an estimated 29.3% of adults aged 18 and older deal with this issue. Another chronic health issue of concern for residents of 55387 is high blood pressure, as approximately 26.0% of adults 18 and older in this Carver County region contend with that issue.
| Health Issue | Percent of adults* |
|---|---|
| Arthritis | 20.6% |
| High blood pressure | 26.0% |
| Cancer (excluding skin cancer) | 6.8% |
| Current asthma | 8.6% |
| Coronary heart disease | 4.2% |
| Diagnosed diabetes | 6.5% |
| High cholesterol | 29.3% |
| Chronic kidney disease | 2.3% |
| Stroke | 2.1% |
One of the top preventative health measures in ZIP Code 55387 is current access to health insurance, as an estimated 95.3% of adults 18 and older take part in this preventive measure. Additionally, 85.9% of those 18 and above in 55387 list cholesterol screening, as a preventive measure. Common health risk behaviors in 55387 include obesity (31.8% of adults aged 18 and above) and sleeping less than 7 hours (24.9% of those 18 and older).
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 95.3% |
| Taking medicine for high blood pressure control | 72.6% |
| Visits to doctor for routine checkup | 69.3% |
| Cholesterol screening | 85.9% |
| Visits to dentist or dental clinic | 76.0% |
| Risk Behavior | Percent of adults* |
|---|---|
| Binge drinking | 21.0% |
| Current smoking | 12.2% |
| No leisure-time physical activity | 16.8% |
| Obesity | 31.8% |
| Sleeping less than 7 hours | 24.9% |
Regarding the age of homes in ZIP Code 55387, an estimated 28.9% of homes were built between 2000 and 2009. Additionally, 23.7% of homes in the region were built between 1990 and 1999, while an estimated 2.7% of homes were built between 1940 and 1949 in this Carver County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 3.7% |
| Built between 2010 and 2013 | 7.8% |
| Built between 2000 and 2009 | 28.9% |
| Built between 1990 and 1999 | 23.7% |
| Built between 1980 and 1989 | 8.2% |
| Built between 1970 and 1979 | 9.0% |
| Built between 1960 and 1969 | 5.6% |
| Built between 1950 and 1959 | 2.9% |
| Built between 1940 and 1949 | 2.7% |
| Built in 1939 or earlier | 7.5% |
In 55387, 73.2% of the population is in the labor force. Recent estimates place 7.4% as working from home, while the total labor force in the region has a mean travel to time to work of 27.7 minutes. Approximately 24.0% of the employed population 16 years and over in 55387 work in educational services, and health care and social assistance, while an estimated 16.7% work in manufacturing. On the lower end of the scale, just 0.6% of 55387 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.6% |
| Construction | 5.9% |
| Manufacturing | 16.7% |
| Wholesale trade | 4.8% |
| Retail trade | 9.5% |
| Transportation and warehousing, and utilities | 3.0% |
| Information | 1.3% |
| Finance and insurance, and real estate and rental and leasing | 8.1% |
| Professional, scientific, management, and administrative | 10.7% |
| Educational services, and health care and social assistance | 24.0% |
| Arts, entertainment, and recreation, and accommodation and food services | 8.1% |
| Other services, except public administration | 4.8% |
| Public administration | 2.4% |
In ZIP Code 55387, 95.9% of the population lists "English only" as the language spoken in home, while 2.3% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 1.3% of homes, and other Indo-European languages are spoken in 0.5% of homes. Lastly, 0.0% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Carver County region.
| Language Spoken | Percent |
|---|---|
| English only | 95.9% |
| Spanish | 2.3% |
| Other Indo-European languages | 1.3% |
| Asian and Pacific Islander languages | 0.5% |
| Other languages | 0.0% |
Regarding solar power potential, ZIP Code 55387 has an average daily solar radiation level of 4.79 kWh/m2/day. This is approximately 16.26% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 27.31% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 55387 | 10.54¢/kWh | 8.42¢/kWh | 7.69¢/kWh |
| Minnesota | 14.36¢/kWh | 11.68¢/kWh | 8.94¢/kWh |
| United States | 16.1¢/kWh | 12.81¢/kWh | 7.81¢/kWh |
| Month | ZIP Code 55387 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 3.22 | 1.9 | 5.84 |
| Feb | 3.97 | 3 | 6.31 |
| Mar | 5.09 | 3.65 | 7.02 |
| Apr | 5.46 | 5.13 | 7.3 |
| May | 5.68 | 5.17 | 7.13 |
| Jun | 5.84 | 5.72 | 6.95 |
| Jul | 6.38 | 6.22 | 6.51 |
| Aug | 5.79 | 6.08 | 6.65 |
| Sep | 5.66 | 5.15 | 7.02 |
| Oct | 4.25 | 3.32 | 6.92 |
| Nov | 3.49 | 2.33 | 5.99 |
| Dec | 2.6 | 1.78 | 5.46 |
Regarding consumer complaints about financial products in ZIP Code 55387, money transfer, virtual currency, or money service have received the most complaints in 55387 in the past 12 months. Student loan received the second most complaints. The most frequent complaint overall in this Carver County region was incorrect information on a report.
| Complaint Product | Number of Complaints* |
|---|---|
| Money transfer, virtual currency, or money service | 2 |
| Student loan | 2 |
| Checking or savings account | 1 |
| Credit card | 1 |
| Credit card or prepaid card | 1 |
| Complaint Issue | Number of Complaints* |
|---|---|
| Incorrect information on your report | 2 |
| Dealing with your lender or servicer | 1 |
| Fees or interest | 1 |
| Managing an account | 1 |
| Managing, opening, or closing your mobile wallet account | 1 |
| Other | 1 |