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Deephaven, MN

City in Hennepin County, Minnesota. ZIP codes: 55391.

Population

3,793

Land area

2.3sq mi

People per sq mi

1,630

ZIP codes

1

Deephaven and its ZIP codes

Deephaven at a glance

  • Deephaven is about 23 times as dense as Minnesota as a whole.
  • The median household income is $197,679, about 2.2 times the Minnesota median of $89,062.
  • A typical owner-occupied home is valued at $935,900 (about 2.8 times the Minnesota figure).

Local data for Deephaven, MN

Counts from official public data

Housing and community stats

Deephaven, MN, American Community Survey 2020-2024

Full profile

Median household income

$197,679

Poverty rate

1.7%

Median home value

$935,900

Homeownership

89.3%

Bachelor's or higher

83.5%

Median age

48.4

Average commute

26.0 min

Largest reported origins and ancestries: German Americans (1,006), Irish Americans (494), Norwegian Americans (355).

Home values and rentsIncome, education and commute

Economy and federal money

Jobs, pay, income and spending are for Hennepin County. PPP loans are for Deephaven.

Details

Unemployment rate

4.6%

Aug 2026, +0.6 pts in a year

Average annual pay

$92,294

919,062 jobs, 2025

Income per person

$100,352

BEA, 2024

Federal spending

$173B

FY 2026, $134,694 per person

Hennepin County economyFederal spending

How people get to work

Deephaven, MN, workers 16 and older. American Community Survey 5-year estimates

  • Drove alone51.1%
  • Carpooled2.3%
  • Public transit3.8%
  • Walked0.5%
  • Bicycle0.0%
  • Taxi, ride-hailing, motorcycle or other0.5%
  • Worked from home41.7%

Average one-way commute: 26.0 minutes for people who do not work from home.

Environment and hazard risk

Deephaven, MN, from FEMA, NOAA and EPA

Full report

Natural hazard risk

Relatively High

Top: cold wave

Storm events since 1996

1,221

Countywide, mostly hail

Flood insurance policies

882

0.2% of homes, county

July high / Jan low

81° / 6°F

32.8 inches of rain a year

Hazards, floods and storm historyCheck a flood zone

Health statistics

Share of adults in Deephaven, MN, CDC PLACES estimates

All 40 measures

Obesity

24.0%

U.S. 33.3% -9.3 pts

Diabetes

7.3%

U.S. 12.1% -4.8 pts

Smoking

7.3%

U.S. 12.8% -5.5 pts

Uninsured (18-64)

3.8%

U.S. 11.1% -7.3 pts

ZIP codes in Deephaven

1 in or overlapping Deephaven. Population shown

·

Cities near Deephaven

NameDistanceLand area (sq mi)
WoodlandCity1.6 mi0.6
GreenwoodCity2 mi0.4
WayzataCity2.4 mi3.1
ExcelsiorCity2.7 mi0.6
Village of Minnetonka BeachCity2.9 mi0.5
Tonka BayCity3.1 mi0.9
MinnetonkaCity3.1 mi26.9
OronoCity3.7 mi15.9
Long LakeCity4 mi0.9
ShorewoodCity5 mi5.3
Spring ParkCity5.1 mi0.4
HopkinsCity6.1 mi4.1
ChanhassenCity6.2 mi20.4
MoundCity6.8 mi2.9
Eden PrairieCity6.8 mi32.5
Medicine LakeCity7.1 mi0.2

Frequently asked questions

What county is Deephaven, MN in?
Deephaven is in Hennepin County, Minnesota.
What ZIP codes are in Deephaven, MN?
ZIP codes in or overlapping Deephaven include 55391.
What is the population of Deephaven, MN?
About 3,793 people live in Deephaven, based on American Community Survey 5-year estimates.
What cities are near Deephaven?
Nearby places include Woodland (1.6 mi), Greenwood (2 mi), Wayzata (2.4 mi), Excelsior (2.7 mi), Village of Minnetonka Beach (2.9 mi).

Source: U.S. Census Bureau (TIGER/Line boundaries, American Community Survey) · Data as of 12/31/2023