Deephaven, MN demographics:
population, income, and more

Total population
3,793
-1.1% year-over-year change
Median household income
$197,679/yr
12.7% year-over-year change
Housing units
1,599
-2.1% year-over-year change

Deephaven population

How many people live in Deephaven

Deephaven is home to 3,793 residents, according to the most recent Census data. Gender-wise, 50.2% of Deephaven locals are male, and 49.8% are female.

Total population
3,793
-1.1% year-over-year change
Gender ratio
Male
50.2%
1,902
Female
49.8%
1,891
Value Percent YoY change
Male 1,902 50.2% -2.5%
Female 1,891 49.8% 0.3%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Deephaven is 48, with the population distributed as follows: about 16.7% are children under 15, then 12.3% are in the 15 to 24 age group. Adults between 25 and 44 make up 14% of the population, while another 39.2% fall into the 45 to 64 bracket. Finally, around 17.7% are 65 or older.

Median age
48.4
Age breakdown
Under 15
16.7%
15 to 24
12.3%
25 to 44
14%
45 to 64
39.2%
Over 65
17.7%
Value Percent YoY change
Under 15 633 16.7% 0.5%
15 to 24 468 12.3% -2.5%
25 to 44 533 14% -16.3%
45 to 64 1,486 39.2% 3.4%
Over 65 673 17.7% 3.4%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Deephaven, 95.9% of the population are US-born citizens, while 3.1% have gained naturalized citizenship. At the same time, 1% of residents are non-citizens. As for race, 94.1% of locals are Caucasian, 0.1% are African American and 2% have Asian roots. There’s also a share of 3.3% that includes residents with two or more races.

Citizenship
U.S.-born citizens
95.9%
Non-U.S.-born citizens
3.1%
Non-citizens
1%
Value Percent YoY change
U.S.-born citizens 3,639 95.9% 0.4%
Non-U.S.-born citizens 118 3.1% -35.5%
Non-citizens 36 1% 24.1%
Racial breakdown
White
94.1%
Black or African American
0.1%
American Indian and Alaska Native
0%
Asian
2%
Native Hawaiian and other Pacific Islander
0%
Two or more races
3.3%
Other
0.4%
Value Percent
White 3,570 94.1%
Black or African American 3 0.1%
American Indian and Alaska Native 2 0%
Asian 77 2%
Two or more races 126 3.3%
Other 15 0.4%

Households in Deephaven

A peek inside Deephaven households

Deephaven has 1,504 households, with an average of 2 members in each. Of these, 74.9% are families, while the remaining 25.1% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
1,504
-1.6% year-over-year change
Average people per household
2
Non-family households
377
Family households
1,127
Value Percent YoY change
Non-family households 377 25.1% -7.4%
Family households 1,127 74.9% 0.5%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Deephaven

The housing landscape of Deephaven

Deephaven's housing consists of 1,599 units, with 88.8% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 0.7% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 1.8% of the housing landscape.

Housing units
1,599
-2.1% year-over-year change
Housing types
Value Percent
1 unit, detached 1,420 88.8%
1 unit, attached 11 0.7%
2 units 50 3.1%
20 to 49 units 14 0.9%
50 or more units 75 4.7%
Mobile home 29 1.8%
Homes built since 2020
18
% year-over-year change

The age of buildings in Deephaven

In Deephaven, the median construction year is 1969. About 9.4% of homes were built before the 1940s, with another 8.6% going up by 1949. Most development happened in the second half of the 20th century. Then, 13.8% of homes were added from 2000 to 2009, 9.8% between 2010 and 2019, and 1.1% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 151 9.4% -21.8%
Built between 1940 and 1949 138 8.6% -4.8%
Built between 1950 and 1959 377 23.6% -10.4%
Built between 1960 and 1969 146 9.1% 18.7%
Built between 1970 and 1979 194 12.1% 35.7%
Built between 1980 and 1989 89 5.6% -41.1%
Built between 1990 and 1999 109 6.8% 11.2%
Built between 2000 and 2009 220 13.8% 6.8%
Built between 2010 and 2019 157 9.8% 2.6%
Built in 2020 or later 18 1.1% N/A
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Deephaven occupancy rates

Out of the 1,504 occupied housing units in Deephaven, 89.3% are owner-occupied, while 10.7% are lived in by tenants. Meanwhile, 5.9% of all homes on the local market sit vacant.

Occupied housing units
1,504
-1.6% year-over-year change
Occupancy breakdown
Renter occupied
161
Owner occupied
1,343
Value Percent YoY
change
Renter occupied 161 10.7% 6.6%
Owner occupied 1,343 89.3% -2.5%
Unoccupied housing units
5.9%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Deephaven housing costs

Median housing costs per month
$2,697/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.

Education in Deephaven

Deephaven education at a glance

About 7.5% of the population in Deephaven went to high school, while 12.4% pursued college studies. Another 2.2% earned an associate degree and 46.1% hold a bachelor’s. Meanwhile, 31.5% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 8 0.3% N/A
High school diploma 219 7.5% -9.5%
College diploma 361 12.4% -10.4%
Associate degree 63 2.2% -40.6%
Bachelor's degree 1,343 46.1% -3.9%
Graduate degree 917 31.5% 18.6%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Deephaven

How much people earn in Deephaven

The average annual household income in Deephaven was $370,697 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +7% change from the previous year. At the same time, the median income stood at $197,679, reflecting a +12.7% shift over the same period.

Average household income in Deephaven
$370,697/year
7.0% year-over-year change
Median household income in Deephaven
$197,679/year
12.7% year-over-year change

Deephaven income by age

In Deephaven, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $176,548. Those with someone between 45 and 64 in charge, often well established professionally, earn $244,844 overall. Overall, 98.3% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $176,548 28.8%
45 - 64 $244,844 -1.5%
Over 65 $135,588 3.4%
Above poverty level
3,679
Below poverty level
65
Value Percent YoY
change
Above poverty level 3,679 98.3% -0.4%
Below poverty level 65 1.7% -13.3%

Average renter income in Deephaven

To get a better sense of what renters earn on average in Deephaven, their median household income was $51,525 according to 2022 Census data.

Renter median household income
$51,525
Rent-to-income ratio
0%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Deephaven

Workforce and job types in Deephaven

The job market in Deephaven is powered by 1,876 working residents, spread across a range of industries and roles. 94.4% of the working population are employed in professional or administrative positions, while 5.6% are in hands-on or service-based jobs. Also, 29% run their own businesses, 54.2% are employed by private companies, and 5.8% work in the public sector.

Workforce demographics

Working population
1,876
-1.7% year-over-year change
White collar
1,771
Blue collar
105
Value Percent YoY change
White collar 1,771 94.4% -2.3%
Blue collar 105 5.6% 10.5%
Employer type
Self employees
29%
Private companies
54.2%
Governmental workers
5.8%
Not for profit companies
11%
Value Percent YoY change
Self employees 544 29% 5.4%
Private companies 1,017 54.2% -2.8%
Governmental workers 108 5.8% -25.0%
Not for profit companies 207 11% 2.5%
Unemployment rate
1.7%
10.0% year-over-year change

Available workforce

The unemployment rate in Deephaven stands at 1.7%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Deephaven

How people get around in Deephaven

Commuting methods vary: 53.4% of residents travel by personal vehicle and 0.5% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 992 53.4% -3.6%
Taxicab 1 0% N/A
Bus or trolleybus 71 3.8% -31.7%
Motorcycle 9 0.5% 0.0%
Walk 10 0.5% 0.0%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Deephaven by zipcode?

Zipcode Population Number of households Median income Average income
55331 19,805 7,816 $159,450 $259,689
55391 15,502 6,517 $174,301 $286,470

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FAQs about Deephaven demographics 

What is the total population of Deephaven?

Deephaven has a total population of 3,793 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -1.1% compared to a year ago.

What is the gender ratio in Deephaven?

The gender ratio in Deephaven is as follows:
  • 50.2% males (1,902 residents)
  • 49.8% females (1,891 residents)

What is the median age in Deephaven?

The median age in Deephaven is 48.4.

What is the age distribution of the population in Deephaven?

The age distribution in Deephaven is as follows:
  • Under 15: 16.7% (633 residents)
  • Ages 15-24: 12.3% (468 residents)
  • Ages 25-44: 14% (533 residents)
  • Ages 45-64: 39.2% (1,486 residents)
  • Over 65: 17.7% (673 residents)

What is the racial and ethnic makeup of Deephaven?

The racial and ethnic makeup of Deephaven is as follows:
  • White: 94.1% (3,570 residents)
  • Black or African American: 0.1% (3 residents)
  • American Indian and Alaska Native: 0% (2 residents)
  • Asian: 2% (77 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 3.3% (126 residents)
  • Other: 0.4% (15 residents)

What percentage of the population in Deephaven are U.S.-born citizens?

U.S.-born citizens represent 95.9% of the population in Deephaven.

How many housing units are there in Deephaven?

There are 1,599 housing units in Deephaven, reflecting a -2.1% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Deephaven and what is the average household size?

Deephaven has a total of 1,504 households, with an average of 2 people in each.

What is the median household income in Deephaven?

Deephaven has a median household income of $197,679, representing a +12.7% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Deephaven?

The employment rate is 98.3% in Deephaven, with a workforce of 1,876 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 94.4% (1,771 residents)
  • Blue-collar workers: 5.6% (105 residents)

Places of employment:
  • Self-employed: 29% (544 residents)
  • Private companies: 54.2% (1,017 residents)
  • Governmental workers: 5.8% (108 residents)
  • Not-for-profit companies: 11% (207 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025