ZIP Code Tabulation Area · Minnesota

ZIP Code 55423: Richfield, MN

ZIP Code 55423 (Richfield, Hennepin County, Minnesota) has an estimated 36,724 residents in 16,578 households. The median household income is $85,182, the median home value is $343,900 and the median gross rent is $1,393/mo. Figures are U.S. Census Bureau American Community Survey 2020–2024 5-year estimates for the matching ZIP Code Tabulation Area.

American Community Survey 2020–2024 5-year estimates · Updated

Total population

36,724

Margin of error ±83

Median household income

$85,182

Margin of error ±$4,434

Median home value

$343,900

Margin of error ±$4,200

Median gross rent

$1,393/mo

Margin of error ±$43

Median age

39.4 yrs

Margin of error ±0.8 yrs

Mean travel time to work

23.1 min

Margin of error ±2.2 min

How ZIP 55423 compares with Minnesota and the U.S.

State and national figures are the Census Bureau's own estimates for those areas from the same ACS release, not averages of ZIP codes.

Median age

ZIP 5542339.4 yrsMinnesota38.8 yrsUnited States38.9 yrs

Median household income

ZIP 55423$85,182Minnesota$89,062United States$80,734

Per capita income

ZIP 55423$47,924Minnesota$48,237United States$44,673

Poverty rate

ZIP 554238.2%Minnesota9.3%United States12.5%

Unemployment rate

ZIP 554235.3%Minnesota4.1%United States5.2%

Bachelor's degree or higher

ZIP 5542343.8%Minnesota39.4%United States35.7%

Median home value

ZIP 55423$343,900Minnesota$329,300United States$332,700

Median gross rent

ZIP 55423$1,393/moMinnesota$1,280/moUnited States$1,413/mo

Owner-occupied homes

ZIP 5542361.6%Minnesota72.2%United States65.2%

Mean travel time to work

ZIP 5542323.1 minMinnesota22.7 minUnited States26.4 min

Worked from home

ZIP 5542318.8%Minnesota17.6%United States15.1%

All figures for ZIP 55423

Each estimate has a 90% margin of error: the true value is likely within that range. * marks estimates with a large margin of error (a coefficient of variation above 30%, or ±10 percentage points or more for rates).

ZIP 55423 — ACS 2020–2024 5-year estimates
MeasureZIP 55423Margin of errorMinnesotaUnited States
Total population36,724±835,739,445334,922,499
Median age39.4 yrs±0.8 yrs38.8 yrs38.9 yrs
Households16,578±4502,307,955129,227,496
Median household income$85,182±$4,434$89,062$80,734
Per capita income$47,924±$1,971$48,237$44,673
Poverty rate8.2%±1.4 pts9.3%12.5%
Unemployment rate5.3%±1.5 pts4.1%5.2%
Bachelor's degree or higher43.8%±3.0 pts39.4%35.7%
Median home value$343,900±$4,200$329,300$332,700
Median gross rent$1,393/mo±$43$1,280/mo$1,413/mo
Owner-occupied homes61.6%±2.3 pts72.2%65.2%
Mean travel time to work23.1 min±2.2 min22.7 min26.4 min
Worked from home18.8%±2.0 pts17.6%15.1%

Race and Hispanic or Latino origin

Shares of the total population by the Census Bureau's race and Hispanic or Latino origin categories (table B03002), listed in the Census Bureau's order. People self-identify on the survey.

Population by race and Hispanic or Latino origin, ZIP 55423
GroupZIP 55423MinnesotaUnited States
White alone, not Hispanic or Latino60.9%75.9%57.4%
Black or African American alone, not Hispanic or Latino10.7%6.9%11.9%
American Indian and Alaska Native alone, not Hispanic or Latino0.4%0.7%0.5%
Asian alone, not Hispanic or Latino5.5%5.1%5.9%
Native Hawaiian and Other Pacific Islander alone, not Hispanic or Latino0.0%0.0%0.2%
Some other race alone, not Hispanic or Latino0.7%0.5%0.6%
Two or more races, not Hispanic or Latino4.0%4.5%4.3%
Hispanic or Latino (of any race)17.8%6.4%19.3%

Where ZIP 55423 is

State
Minnesota
Main county
Hennepin County
Largest overlapping place
Richfield (96% of the ZIP's land area)
Land area
7.07 sq mi· about 5,194 people per sq mi

County and place names come from the Census Bureau's 2020 ZCTA relationship files. A ZIP code's mailing city, set by the U.S. Postal Service, can differ from these names.

Other ZIP codes in Hennepin County

55409 Minneapolis, MN55410 Minneapolis, MN55411 Minneapolis, MN55412 Minneapolis, MN55413 Minneapolis, MN55414 Minneapolis, MN55415 Minneapolis, MN55416 St. Louis Park, MN55417 Minneapolis, MN55418 Minneapolis, MN55419 Minneapolis, MN55420 Bloomington, MN55422 Golden Valley, MN55424 Edina, MN55425 Bloomington, MN55426 St. Louis Park, MN55427 Golden Valley, MN55428 Brooklyn Park, MN55429 Brooklyn Center, MN55430 Brooklyn Center, MN55431 Bloomington, MN55435 Edina, MN55436 Edina, MN55437 Bloomington, MN

See every ZIP code in Minnesota, or compare ZIP 55423 with another ZIP code.

Census figures describe residents as a group and cannot tell you about any one home or street. For a specific address, check local government and housing records.

About ZIP codes and ZCTAs: the Census Bureau publishes statistics for ZIP Code Tabulation Areas, which approximate USPS ZIP code delivery areas. Learn how they differ.

Sources

  • U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, detailed tables B01003, B01002, B11001, B19013, B19301, B17001, B23025, B15003, B25077, B25064, B25003, B08013, B08303, B08301, B03002 — snapshot Oct 26, 2026.
  • U.S. Census Bureau, 2020 ZCTA5 relationship files (county and place).
  • Data: U.S. Census Bureau, American Community Survey 5-year estimates (detailed tables) and 2020 Census ZCTA relationship files. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. These agencies do not endorse OpenZIP.