ZIP Code 55407 — Minneapolis, MN

Hennepin | 2024 Census Data

Key Takeaway

ZIP code 55407 in Minneapolis, MN has a population of 37,667 with a median household income of $78,464 and a median home value of $335,400 . The cost of living index is 114.9 (national average = 100).

Population & Age

Total Population

37,667

Median Age

33.80

Male

18,837

Female

18,830

Race & Ethnicity

White

52.0%

Black

17.9%

Hispanic

23.5%

Asian

2.3%

Native American

2.0%

Pacific Islander

0.0%

Two or More

11.6%

Other

14.1%

Income

Median Household

$78,464

Mean Household

$102,910

Per Capita

$40,979

Below Poverty

17.4%

Housing

Median Home Value

$335,400

Median Rent

$1,291

Total Units

16,078

Occupied

14,789

Owner Occupied

58.9%

Renter Occupied

41.1%

Median Year Built

1938

Vacant

1,289

Education

High School or Higher 84.7%

Bachelor's or Higher 49.0%

Graduate Degree 18.1%

Employment & Commuting

Labor Force

21,206

Unemployment

6.5%

Drive Alone

52.1%

Public Transit

6.6%

Work from Home

25.8%

Avg Commute

N/A

Cost of Living Index

114.9

National average = 100. Above average by 14.9%.

Nearby ZIP Codes

Other ZIP Codes in Minneapolis

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Frequently Asked Questions

What is the population of ZIP code 55407?

ZIP code 55407 (Minneapolis, MN) has a total population of 37,667 according to the 2024 American Community Survey.

What is the median household income in ZIP code 55407?

The median household income in ZIP code 55407 is $78,464 per year, based on 2024 Census Bureau data.

What city is ZIP code 55407 in?

ZIP code 55407 is primarily located in Minneapolis, Minnesota (MN).

What is the median home value in ZIP code 55407?

The median home value in ZIP code 55407 is $335,400, based on the 2024 American Community Survey 5-year estimates.

What is the median age in ZIP code 55407?

The median age in ZIP code 55407 is 33.80 years, compared to the national median of 38.9 years.