ZIP Code 55403 — Minneapolis, MN

Hennepin | 2024 Census Data

Key Takeaway

ZIP code 55403 in Minneapolis, MN has a population of 17,601 with a median household income of $60,873 and a median home value of $298,500 . The cost of living index is 105.3 (national average = 100).

Population & Age

Total Population
17,601
Median Age
34.30
Male
9,646
Female
7,955

Race & Ethnicity

White
66.0%
Black
16.7%
Hispanic
9.4%
Asian
4.4%
Native American
1.3%
Pacific Islander
0.1%
Two or More
10.1%
Other
1.5%

Income

Median Household
$60,873
Mean Household
$103,648
Per Capita
$69,214
Below Poverty
16.1%

Housing

Median Home Value
$298,500
Median Rent
$1,241
Total Units
13,230
Occupied
11,762
Owner Occupied
25.0%
Renter Occupied
75.0%
Median Year Built
1968
Vacant
1,468

Education

High School or Higher 96.5%
Bachelor's or Higher 57.9%
Graduate Degree 20.7%

Employment & Commuting

Labor Force
12,615
Unemployment
5.8%
Drive Alone
46.5%
Public Transit
9.2%
Work from Home
23.8%
Avg Commute
N/A

Cost of Living Index

105.3
National average = 100. Above average by 5.3%.

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Frequently Asked Questions

What is the population of ZIP code 55403?

ZIP code 55403 (Minneapolis, MN) has a total population of 17,601 according to the 2024 American Community Survey.

What is the median household income in ZIP code 55403?

The median household income in ZIP code 55403 is $60,873 per year, based on 2024 Census Bureau data.

What city is ZIP code 55403 in?

ZIP code 55403 is primarily located in Minneapolis, Minnesota (MN).

What is the median home value in ZIP code 55403?

The median home value in ZIP code 55403 is $298,500, based on the 2024 American Community Survey 5-year estimates.

What is the median age in ZIP code 55403?

The median age in ZIP code 55403 is 34.30 years, compared to the national median of 38.9 years.