Zip code 55401: Minneapolis, Minnesota
Boundary is the Census Bureau's ZIP Code Tabulation Area, which closely tracks the postal delivery area.
About 55401
55401 is a dense urban zip code in Minneapolis, Minnesota (Hennepin County), covering 0.8 sq mi of land. About 11,816 people live here, or 14,938 per square mile. The median resident is 35.2 years old, compared with 38.9 nationally.
The median household earns $113,522 a year, 41% above the national median of $80,734. 4.7% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $396,500, or 3.5 years of median household income (U.S.: 4.1 years), which makes homes about as affordable as the national average for local earners. 28% of occupied homes are lived in by their owners, and renters pay a median of $2,023 a month.
77% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 18.4 minutes each way, and 34% of workers work from home. The most common jobs among working residents are in management; business and finance; and healthcare.
How 55401 compares
- Per capita income$112,10399thStrengthU.S. $44,673 · MN $48,2374th of 853 in MN
- 98thStrengthU.S. 35.7% · MN 39.4%5th of 854 in MN
- 97thU.S. 15.1% · MN 17.6%12th of 852 in MN
- Median earnings per worker$91,90996thStrengthU.S. $49,666 · MN $54,38911th of 851 in MN
- Population density14,938/sq mi95thU.S. 95/sq mi · MN 72/sq mi3rd of 854 in MN
- Tech workers8.9%95thU.S. 3.8% · MN 4%14th of 852 in MN
- Healthcare workers12.6%86thU.S. 9.7% · MN 10.9%215th of 852 in MN
- Median gross rent$2,02385thU.S. $1,413 · MN $1,2809th of 757 in MN
- Median household income$113,52281stStrengthU.S. $80,734 · MN $89,06277th of 846 in MN
- Housing vacancy9.1%67thU.S. 10.1% · MN 9.3%457th of 851 in MN
- 63rdU.S. 0.483 · MN 0.453164th of 848 in MN
- Median home value$396,50062ndU.S. $332,700 · MN $329,30086th of 842 in MN
- 55thU.S. 14.1% · MN 8.7%92nd of 854 in MN
- Broadband access90.9%40thU.S. 91% · MN 91.6%319th of 851 in MN
- Diversity index40.136thU.S. 61.4 · MN 41.1138th of 854 in MN
- 29thU.S. 10% · MN 9.3%683rd of 852 in MN
- Median age35.222ndU.S. 38.9 · MN 38.8765th of 854 in MN
- Population11,81618thU.S. 334,922,499 · MN 5,739,445153rd of 854 in MN
- 17thU.S. 14.5% · MN 12.9%680th of 852 in MN
- 16thU.S. 17.2% · MN 17.3%790th of 854 in MN
- Uninsured rate3.3%15thStrengthU.S. 8.4% · MN 4.7%561st of 853 in MN
- Veterans2.9%14thU.S. 6.2% · MN 5.9%817th of 854 in MN
- Poverty rate4.7%10thStrengthU.S. 12.5% · MN 9.3%708th of 852 in MN
- 9thStrengthU.S. 51.1% · MN 48.1%528th of 828 in MN
- Average commute18.4 min7thStrengthU.S. 26.4 min · MN 22.7 min730th of 849 in MN
- Homeownership rate28.4%4thWeaknessU.S. 65.2% · MN 72.2%837th of 851 in MN
- 2ndStrengthU.S. 5.2% · MN 4.1%718th of 853 in MN
- 1stU.S. 22% · MN 22.9%845th of 854 in MN
| Measure | 55401 | Hennepin | MN | U.S. | National percentile | Rank in MN |
|---|---|---|---|---|---|---|
| Per capita incomeStrength | $112,103 | $59,401 | $48,237 | $44,673 | 4th of 853 | |
| Bachelor's degree or higherStrength | 76.7% | 54.1% | 39.4% | 35.7% | 5th of 854 | |
| Work from home | 34% | 25.2% | 17.6% | 15.1% | 12th of 852 | |
| Median earnings per workerStrength | $91,909 | $61,640 | $54,389 | $49,666 | 11th of 851 | |
| Population density | 14,938/sq mi | 2,291/sq mi | 72/sq mi | 95/sq mi | 3rd of 854 | |
| Tech workers | 8.9% | 6.1% | 4% | 3.8% | 14th of 852 | |
| Healthcare workers | 12.6% | 9.8% | 10.9% | 9.7% | 215th of 852 | |
| Median gross rent | $2,023 | $1,487 | $1,280 | $1,413 | 9th of 757 | |
| Median household incomeStrength | $113,522 | $97,653 | $89,062 | $80,734 | 77th of 846 | |
| Housing vacancy | 9.1% | 5.6% | 9.3% | 10.1% | 457th of 851 | |
| Income inequality (Gini) | 0.451 | 0.482 | 0.453 | 0.483 | 164th of 848 | |
| Median home value | $396,500 | $392,900 | $329,300 | $332,700 | 86th of 842 | |
| Foreign-born residents | 11.5% | 13.6% | 8.7% | 14.1% | 92nd of 854 | |
| Broadband access | 90.9% | 92.8% | 91.6% | 91% | 319th of 851 | |
| Diversity index | 40.1 | 54.4 | 41.1 | 61.4 | 138th of 854 | |
| Self-employed workers | 7.8% | 9.1% | 9.3% | 10% | 683rd of 852 | |
| Median age | 35.2 | 37.6 | 38.8 | 38.9 | 765th of 854 | |
| Population | 11,816 | 1,269,496 | 5,739,445 | 334,922,499 | 153rd of 854 | |
| Government workers | 9.7% | 11.5% | 12.9% | 14.5% | 680th of 852 | |
| Residents 65 and older | 11.7% | 15.6% | 17.3% | 17.2% | 790th of 854 | |
| Uninsured rateStrength | 3.3% | 4.5% | 4.7% | 8.4% | 561st of 853 | |
| Veterans | 2.9% | 4.5% | 5.9% | 6.2% | 817th of 854 | |
| Poverty rateStrength | 4.7% | 10% | 9.3% | 12.5% | 708th of 852 | |
| Rent-burdened rentersStrength | 35.2% | 47.6% | 48.1% | 51.1% | 528th of 828 | |
| Average commuteStrength | 18.4 min | 21.9 min | 22.7 min | 26.4 min | 730th of 849 | |
| Homeownership rateWeakness | 28.4% | 62.7% | 72.2% | 65.2% | 837th of 851 | |
| Unemployment rateStrength | 1.3% | 4.5% | 4.1% | 5.2% | 718th of 853 | |
| Residents under 18 | 4.2% | 21.6% | 22.9% | 22% | 845th of 854 |
The percentile is the share of Americans who live in a zip code with a lower value, so the 50th percentile is typical. Rank 1 is the highest value in the state. Both include zip codes with at least 100 residents. Strengths and weaknesses mark measures in the best or worst fifth nationally, where higher or lower is clearly better (income, poverty, education, commute, broadband, insurance and similar). Measures like age or density are left unmarked.
People
Age
Race and ethnicity
- White76%
- Black5%
- Hispanic7%
- Asian7%
- Native American0%
- Pacific Islander0%
- Other0.2%
- Multiracial4%
Language spoken at home (households)
Households
- Households
- 8,611
- Average household size
- 1.4
- Family households
- 15.7%
- Married couples
- 14%
- Living alone
- 69.9%
- Veterans (of adults)
- 2.9%
- Male / female
- 57% / 43%
Income and poverty
Household income distribution
Median household income
Housing
Median home value
Median gross rent
Types of housing
- Housing units
- 9,471
- Owner-occupied
- 28.4%
- Vacant
- 9.1%
- Median year built
- 2002
- Median rooms
- 2.9
- Renters paying 30%+ of income
- 35.2%
- Renters paying 50%+ of income
- 10%
- Home value to income
- 3.5× (U.S. 4.1×)
Work and commute
How people get to work
Commute time (one way)
Jobs and careers
Occupations
Industries
Median earnings by type of work
| Type of work | 55401 | U.S. |
|---|---|---|
| Management, business, science and arts | $95,112 | $74,888 |
| Service | $40,391 | $26,804 |
| Sales and office | $81,950 | $40,476 |
| Construction and maintenance | — | $49,199 |
| Production and transportation | $138,394 | $39,989 |
Education, internet and health coverage
Highest education (adults 25+)
- High school graduate or higher
- 98.8%
- Bachelor's degree or higher
- 76.7%
- Graduate or professional degree
- 36.7%
- Households with broadband
- 90.9%
- Cable, fiber or DSL
- 83.6%
- No internet access
- 4.3%
- Without health insurance
- 3.3%
- Limited-English households
- 0.5%
Geography
- City (USPS)
- Minneapolis
- State
- Minnesota
- County
- Hennepin County
- Center point
- 44.9854° N, 93.2702° W
- Land area
- 0.8 sq mi
- Water area
- 0.1 sq mi
- Time zone
- Central Time (UTC-6, UTC-5 in summer)
- Zip type
- Residential delivery area
Cities and towns within this zip
- Minneapolis100% of zip
Census places overlapping the zip's area. Mail may use a different city name than the municipality.
Zip codes near 55401
| Zip | City | Distance | IncomeMedian income |
|---|---|---|---|
| 55467 | Minneapolis, MN · PO box | 0.1 mi | — |
| 55473 | Minneapolis, MN · PO box | 0.5 mi | — |
| 55440 | Minneapolis, MN · PO box | 0.5 mi | — |
| 55458 | Minneapolis, MN · PO box | 0.5 mi | — |
| 55459 | Minneapolis, MN · PO box | 0.5 mi | — |
| 55460 | Minneapolis, MN · PO box | 0.5 mi | — |
| 55470 | Minneapolis, MN · PO box | 0.5 mi | — |
| 55472 | Minneapolis, MN · PO box | 0.5 mi | — |
| 55474 | Minneapolis, MN · PO box | 0.5 mi | — |
| 55478 | Minneapolis, MN · PO box | 0.5 mi | — |
| 55479 | Minneapolis, MN · PO box | 0.5 mi | — |
| 55480 | Minneapolis, MN · PO box | 0.5 mi | — |
Zip codes like 55401 elsewhere
Questions about 55401
What city is zip code 55401?
55401 is assigned to Minneapolis, Minnesota. The city name is the one the Postal Service prefers for mail addressed to this zip code.
What county is 55401 in?
55401 is in Hennepin County, Minnesota.
What is the population of 55401?
About 11,816 people live in 55401, according to the Census Bureau's American Community Survey.
What time zone is 55401 in?
55401 is in Central Time.
What is the median household income in 55401?
The median household income in 55401 is $113,522.
What zip codes are near 55401?
The closest zip codes to 55401 are 55467, 55473, 55440, 55458, 55459.
Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 55401, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.