ZIP 55304 · Ham Lake, Minnesota

2026 Edition · 8 cards · data as of Oct 30, 2026

ALMANAC
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  1. Population

    49,737 people call ZIP 55304 home.

    49,737

    people.

    Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year

  2. Rent

    Median rent is up 48% since the 2010–2014 survey, before inflation.

    $1,704

    a month. Minnesota's median is $1,280.

    Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Sources: Census ACS 5-year

  3. Room to build

    The median rent is above what local wages can carry.

    $939–$1,408

    is the monthly rent range local workforce wages support.

    • $1,704 median

    Supportable rent computed by the Almanac from 2023 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year

  4. Building

    66% of the housing here was built before 2000.

    • 66% of all homes were built before 2000

    Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year

  5. Units needed

    Closing the gap would add 0.1–0.6% to the 17,171 homes here.

    12–103

    is the estimated number of missing housing units, from the lowest to the highest of three estimates.

    Range computed by the Almanac from 2023 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac

  6. Home value

    A median home costs 28% more than Minnesota's.

    $421,300

    median home value in ZIP 55304.

    • $421,300 ZIP 55304
    • $329,300 Minnesota
    • $332,700 U.S.

    Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year

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