ZIP Code 55418 — Minneapolis, MN

Hennepin | 2024 Census Data

Key Takeaway

ZIP code 55418 in Minneapolis, MN has a population of 31,505 with a median household income of $99,397 and a median home value of $348,700 . The cost of living index is 122.2 (national average = 100).

Population & Age

Total Population
31,505
Median Age
37.20
Male
16,468
Female
15,037

Race & Ethnicity

White
75.4%
Black
9.5%
Hispanic
7.2%
Asian
3.0%
Native American
0.3%
Pacific Islander
0.0%
Two or More
8.2%
Other
3.5%

Income

Median Household
$99,397
Mean Household
$126,804
Per Capita
$57,144
Below Poverty
6.7%

Housing

Median Home Value
$348,700
Median Rent
$1,425
Total Units
15,169
Occupied
14,148
Owner Occupied
66.3%
Renter Occupied
33.7%
Median Year Built
1948
Vacant
1,021

Education

High School or Higher 94.4%
Bachelor's or Higher 54.3%
Graduate Degree 20.4%

Employment & Commuting

Labor Force
18,879
Unemployment
3.6%
Drive Alone
56.6%
Public Transit
3.1%
Work from Home
28.6%
Avg Commute
N/A

Cost of Living Index

122.2
National average = 100. Above average by 22.2%.

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Frequently Asked Questions

What is the population of ZIP code 55418?

ZIP code 55418 (Minneapolis, MN) has a total population of 31,505 according to the 2024 American Community Survey.

What is the median household income in ZIP code 55418?

The median household income in ZIP code 55418 is $99,397 per year, based on 2024 Census Bureau data.

What city is ZIP code 55418 in?

ZIP code 55418 is primarily located in Minneapolis, Minnesota (MN).

What is the median home value in ZIP code 55418?

The median home value in ZIP code 55418 is $348,700, based on the 2024 American Community Survey 5-year estimates.

What is the median age in ZIP code 55418?

The median age in ZIP code 55418 is 37.20 years, compared to the national median of 38.9 years.