Minnesota is Home to Two of America’s Richest Zip Codes
It's pretty safe to say that while I don't reside in either of them, a survey of the richest zip codes in the country found that two of them are located right here in the Land of 10,000 Lakes.
Thanks to the gang over at Bloomberg Business, we now have a list of the 200 richest zip codes in the country. The richest? Well, that'd be a place called Fisher Island, in Miami Beach. (Heck, just the NAME sounds rich, doesn't it?)
Meanwhile, the two Minnesota zip codes that made the list aren't even close to the top-rated Fisher Island. In fact, they didn't even crack the top 100. So which ones are they?
Well, despite the really nice houses here in Rochester on Pill Hill, you have to head up to the Twin Cities to find Minnesota's two entries on the list: Minnetonka and Edina, neither are much of a surprise, if you know a bit about your Twin Cities geography.
The survey says the Minnetonka zip code of 55391 is good for 113th on the list, with an average income of a whopping $345,200, and an average home price of $580,000. (Rochester's median home price is about half of that!)
Meanwhile, over in Edina, (zip code 55424, btw), Bloomberg says they're not doing too poorly, either, coming in at 151 on the list. Their average income is slightly lower, at $312,900. But their average home price is higher, at $720,000 (though it doesn't say why that is.)
If you've ever driven by some of the houses in those neighborhoods in the Cities, you know how swanky some of those properties look. I can only imagine what the houses and properties look like down on Fisher Island!