ZIP Code 55408 — Minneapolis, MN

Hennepin | 2024 Census Data

Key Takeaway

ZIP code 55408 in Minneapolis, MN has a population of 31,507 with a median household income of $70,326 and a median home value of $396,100 . The cost of living index is 130.4 (national average = 100).

Population & Age

Total Population
31,507
Median Age
30.90
Male
15,928
Female
15,579

Race & Ethnicity

White
60.4%
Black
19.1%
Hispanic
12.4%
Asian
4.6%
Native American
1.0%
Pacific Islander
0.0%
Two or More
10.3%
Other
4.7%

Income

Median Household
$70,326
Mean Household
$98,219
Per Capita
$54,669
Below Poverty
16.4%

Housing

Median Home Value
$396,100
Median Rent
$1,364
Total Units
18,433
Occupied
17,344
Owner Occupied
23.6%
Renter Occupied
76.4%
Median Year Built
1958
Vacant
1,089

Education

High School or Higher 91.7%
Bachelor's or Higher 56.4%
Graduate Degree 18.7%

Employment & Commuting

Labor Force
22,674
Unemployment
7.4%
Drive Alone
51.0%
Public Transit
7.8%
Work from Home
28.3%
Avg Commute
N/A

Cost of Living Index

130.4
National average = 100. Above average by 30.3%.

Nearby ZIP Codes

55409
Minneapolis
1.6 mi
55405
Minneapolis
1.7 mi
55403
Minneapolis
1.7 mi
55407
Minneapolis
1.9 mi
55404
Minneapolis
2.0 mi
55406
Minneapolis
2.0 mi
55417
Minneapolis
2.0 mi
55402
Minneapolis
2.1 mi
55401
Minneapolis
2.3 mi
55416
Saint louis park
2.4 mi
55415
Minneapolis
2.4 mi
55410
Edina
2.8 mi

Other ZIP Codes in Minneapolis

55407
Pop: 37,667
55406
Pop: 36,581
55414
Pop: 35,007
55418
Pop: 31,505
55419
Pop: 29,738
55404
Pop: 28,920

Compare This ZIP Code

Frequently Asked Questions

What is the population of ZIP code 55408?

ZIP code 55408 (Minneapolis, MN) has a total population of 31,507 according to the 2024 American Community Survey.

What is the median household income in ZIP code 55408?

The median household income in ZIP code 55408 is $70,326 per year, based on 2024 Census Bureau data.

What city is ZIP code 55408 in?

ZIP code 55408 is primarily located in Minneapolis, Minnesota (MN).

What is the median home value in ZIP code 55408?

The median home value in ZIP code 55408 is $396,100, based on the 2024 American Community Survey 5-year estimates.

What is the median age in ZIP code 55408?

The median age in ZIP code 55408 is 30.90 years, compared to the national median of 38.9 years.