ZIP Code 55406 — Minneapolis, MN

Hennepin | 2024 Census Data

Key Takeaway

ZIP code 55406 in Minneapolis, MN has a population of 36,581 with a median household income of $93,910 and a median home value of $354,100 . The cost of living index is 118.6 (national average = 100).

Population & Age

Total Population

36,581

Median Age

39.80

Male

17,655

Female

18,926

Race & Ethnicity

White

69.5%

Black

13.9%

Hispanic

7.1%

Asian

2.7%

Native American

0.9%

Pacific Islander

0.0%

Two or More

11.0%

Other

2.1%

Income

Median Household

$93,910

Mean Household

$115,881

Per Capita

$54,006

Below Poverty

9.5%

Housing

Median Home Value

$354,100

Median Rent

$1,281

Total Units

17,939

Occupied

16,999

Owner Occupied

66.0%

Renter Occupied

34.0%

Median Year Built

1938

Vacant

940

Education

High School or Higher 91.8%

Bachelor's or Higher 57.3%

Graduate Degree 24.7%

Employment & Commuting

Labor Force

22,072

Unemployment

5.8%

Drive Alone

52.0%

Public Transit

6.5%

Work from Home

29.5%

Avg Commute

N/A

Cost of Living Index

118.6

National average = 100. Above average by 18.6%.

Nearby ZIP Codes

Other ZIP Codes in Minneapolis

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Frequently Asked Questions

What is the population of ZIP code 55406?

ZIP code 55406 (Minneapolis, MN) has a total population of 36,581 according to the 2024 American Community Survey.

What is the median household income in ZIP code 55406?

The median household income in ZIP code 55406 is $93,910 per year, based on 2024 Census Bureau data.

What city is ZIP code 55406 in?

ZIP code 55406 is primarily located in Minneapolis, Minnesota (MN).

What is the median home value in ZIP code 55406?

The median home value in ZIP code 55406 is $354,100, based on the 2024 American Community Survey 5-year estimates.

What is the median age in ZIP code 55406?

The median age in ZIP code 55406 is 39.80 years, compared to the national median of 38.9 years.