55423 receives the higher standardized Area Score. That reflects AreaProfile's weighting, not a judgment about which place is better to live in.
Signals
55423
55422
Opportunity
51 · Bottom 42%
vs51 · Bottom 42%
Growth
37 · Bottom 29%
vs30 · Bottom 17%
Climate
55 · Bottom 5%
vs54 · Bottom 3%
Physical resilience
93 · Top 7%
vs93 · Top 7%
Housing affordability
85 · Top 43%
vs87 · Top 37%
Schools
37 · Bottom 31%
vs33 · Bottom 27%
Access
97 · Top 32%
vs96 · Top 33%
Economic stability
76 · Top 19%
vs70 · Top 30%
Measured values
| Metric | 55423 | 55422 | Source period |
|---|---|---|---|
| Population | 36,724 | 28,452 | 2024 ACS 5-Year |
| Median household income | $85,182 | $93,914 | 2024 ACS 5-Year |
| Per capita income | $47,924 | $55,989 | 2024 ACS 5-Year |
| Population density | 5,197/sq mi | 3,354/sq mi | 2024 ACS 5-Year |
| Median home value | $343,900 | $325,900 | 2024 ACS 5-Year |
| Median gross rent | $1,393 | $1,655 | 2024 ACS 5-Year |
| Homeownership rate | 61.6% | 74.1% | 2024 ACS 5-Year |
| Unemployment rate | 4.0% | 4.3% | June 2026 |
| Employment change (year over year) | -2.1% | -2.1% | June 2026 |
| Bachelor's degree or higher | 43.8% | 45.5% | 2024 ACS 5-Year |
| Poverty rate | 8.2% | 9.6% | 2024 ACS 5-Year |
| Housing units permitted (12 months) | 44 | 7 | 12 months ending July 2026 |
| Permits per 1,000 residents | 1.2 | 0.3 | 12 months ending July 2026 |
| Average July high | 83°F | 83°F | 1991-2020 Normals |
| Average January low | 9°F | 7°F | 1991-2020 Normals |
| Annual precipitation | 31.6" | 30.7" | 1991-2020 Normals |
| Distance to major airport | 3 mi | 11 mi | NASR current cycle |
| Average commute | 24.5 min | 22.2 min | 2024 ACS 5-Year |
| Median age | 39.4 | 40.0 | 2024 ACS 5-Year |
| Public schools | 22 | 7 | 2024-25 school year |
| Students per teacher | 12.02 | 14.25 | 2024-25 school year |
| Math proficiency | 31.3% | 28.1% | 2019-20 school year |
| Reading proficiency | 38.0% | 45.3% | 2019-20 school year |
| Free or reduced-price lunch eligibility | 59.0% | 49.2% | 2024-25 school year |
A bolded value is the more favorable of the two where the metric has a clear direction. Metrics like population and density have no inherent better or worse and are shown unweighted.
Physical risk tradeoff
55423
Elevated or high exposure: hail.
55422
Elevated or high exposure: hail.
Full profiles: 55423 — Richfield, MN · 55422 — Golden Valley, MN · How this is calculated: methodology