Zip Code
55304
City
Andover, MN
Population & Migration
What is the forecasted population for Zip code 55304 Andover, MN?
- Population census 2020
- 50,177
- Forecasted population 2025
- 49,753
- -0.8% vs. 2020
- Forecasted population 2030
- 51,132
- 1.9% vs. 2020
Zip code 55304 Andover, MN population is forecasted to decrease -0.8% by 2025 (-5.5 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 49,753 people for 2025 zip code 55304 Andover, MN will generate a good demand for housing, which is expected to have a deficit of 326 houses for 2030. Vacancy rate is 8.4 points below national US average.
- Total homes available 2020
- 17,147
- Estimated total home demand in 2030
- 17,473
- Total homes balance inventory
- 326
Average Household Income in zip code 55304 Andover, MN
from Internal Revenue Service
- Average household income in 2021
- $139,766
Affordability
- Affordability Index
- 3
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 55304 Andover, MN?
County total number of drinking water violations
46
-81%
244
County total number of drinking water contaminations
19
-21%
24
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