Zip code 55403: Minneapolis, Minnesota

Q: What city is zip code 55403?

55403 is assigned to Minneapolis, Minnesota. The city name is the one the Postal Service prefers for mail addressed to this zip code.

Q: What county is 55403 in?

55403 is in Hennepin County, Minnesota.

Q: What is the population of 55403?

About 17,601 people live in 55403, according to the Census Bureau's American Community Survey.

Q: What is the median household income in 55403?

The median household income in 55403 is $60,873.

Q: What zip codes are near 55403?

The closest zip codes to 55403 are 55402, 55405, 55473, 55404, 55440.

Residential delivery areaHennepin CountyCentral Time

Population

17,601

Median household income

$61K

U.S. $81K

Median home value

$299K

U.S. $333K

Median rent

$1,241/mo

U.S. $1,413

Median age

34.3

U.S. 38.9

Land area

1.4 sq mi

12,951 people/sq mi

Boundary is the Census Bureau's ZIP Code Tabulation Area, which closely tracks the postal delivery area.

About 55403

55403 is a dense urban zip code in Minneapolis, Minnesota (Hennepin County), covering 1.4 sq mi of land. About 17,601 people live here, or 12,951 per square mile. The median resident is 34.3 years old, compared with 38.9 nationally.

The median household earns $60,873 a year, 25% below the national median of $80,734. 16.1% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $298,500, or 4.9 years of median household income (U.S.: 4.1 years), which makes homes about as affordable as the national average for local earners. 25% of occupied homes are lived in by their owners, and renters pay a median of $1,241 a month.

58% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 23.6 minutes each way, and 24% of workers work from home. The most common jobs among working residents are in management; office and administrative support; and education.

How 55403 compares

Sorted from highest to lowest national percentile

Income inequality (Gini)0.551
97th
WeaknessU.S. 0.483 · MN 0.4536th of 848 in MN
Population density12,951/sq mi
94th
U.S. 95/sq mi · MN 72/sq mi5th of 854 in MN
Per capita income$69,214
91st
StrengthU.S. $44,673 · MN $48,23730th of 853 in MN
Bachelor's degree or higher57.9%
87th
StrengthU.S. 35.7% · MN 39.4%48th of 854 in MN
Work from home23.8%
86th
U.S. 15.1% · MN 17.6%78th of 852 in MN
Tech workers5%
79th
U.S. 3.8% · MN 4%88th of 852 in MN
Housing vacancy11.1%
76th
U.S. 10.1% · MN 9.3%391st of 851 in MN
Poverty rate16.1%
73rd
U.S. 12.5% · MN 9.3%97th of 852 in MN
Unemployment rate5.8%
65th
U.S. 5.2% · MN 4.1%160th of 853 in MN
Diversity index55.4
62nd
U.S. 61.4 · MN 41.152nd of 854 in MN
Median earnings per worker$51,847
61st
U.S. $49,666 · MN $54,389299th of 851 in MN
Foreign-born residents12.9%
59th
U.S. 14.1% · MN 8.7%62nd of 854 in MN
Rent-burdened renters51%
51st
U.S. 51.1% · MN 48.1%238th of 828 in MN
Median home value$298,500
43rd
U.S. $332,700 · MN $329,300261st of 842 in MN
Uninsured rate5.7%
40th
U.S. 8.4% · MN 4.7%251st of 853 in MN
Median gross rent$1,241
39th
U.S. $1,413 · MN $1,280177th of 757 in MN
Government workers12.3%
38th
U.S. 14.5% · MN 12.9%463rd of 852 in MN
Average commute23.6 min
34th
U.S. 26.4 min · MN 22.7 min445th of 849 in MN
Broadband access89.1%
29th
U.S. 91% · MN 91.6%431st of 851 in MN
Residents 65 and older13.8%
29th
U.S. 17.2% · MN 17.3%737th of 854 in MN
Population17,601
27th
U.S. 334,922,499 · MN 5,739,445116th of 854 in MN
Self-employed workers7.3%
23rd
U.S. 10% · MN 9.3%721st of 852 in MN
Median household income$60,873
21st
U.S. $80,734 · MN $89,062740th of 846 in MN
Median age34.3
17th
U.S. 38.9 · MN 38.8782nd of 854 in MN
Veterans2.8%
14th
U.S. 6.2% · MN 5.9%820th of 854 in MN
Healthcare workers6.5%
11th
U.S. 9.7% · MN 10.9%732nd of 852 in MN
Homeownership rate25%
3rd
WeaknessU.S. 65.2% · MN 72.2%839th of 851 in MN
Residents under 187.1%
1st
U.S. 22% · MN 22.9%834th of 854 in MN

Measure	55403	Hennepin	MN	U.S.	National percentile	Rank in MN
Income inequality (Gini)Weakness	0.551	0.482	0.453	0.483	97th	6th of 848
Population density	12,951/sq mi	2,291/sq mi	72/sq mi	95/sq mi	94th	5th of 854
Per capita incomeStrength	$69,214	$59,401	$48,237	$44,673	91st	30th of 853
Bachelor's degree or higherStrength	57.9%	54.1%	39.4%	35.7%	87th	48th of 854
Work from home	23.8%	25.2%	17.6%	15.1%	86th	78th of 852
Tech workers	5%	6.1%	4%	3.8%	79th	88th of 852
Housing vacancy	11.1%	5.6%	9.3%	10.1%	76th	391st of 851
Poverty rate	16.1%	10%	9.3%	12.5%	73rd	97th of 852
Unemployment rate	5.8%	4.5%	4.1%	5.2%	65th	160th of 853
Diversity index	55.4	54.4	41.1	61.4	62nd	52nd of 854
Median earnings per worker	$51,847	$61,640	$54,389	$49,666	61st	299th of 851
Foreign-born residents	12.9%	13.6%	8.7%	14.1%	59th	62nd of 854
Rent-burdened renters	51%	47.6%	48.1%	51.1%	51st	238th of 828
Median home value	$298,500	$392,900	$329,300	$332,700	43rd	261st of 842
Uninsured rate	5.7%	4.5%	4.7%	8.4%	40th	251st of 853
Median gross rent	$1,241	$1,487	$1,280	$1,413	39th	177th of 757
Government workers	12.3%	11.5%	12.9%	14.5%	38th	463rd of 852
Average commute	23.6 min	21.9 min	22.7 min	26.4 min	34th	445th of 849
Broadband access	89.1%	92.8%	91.6%	91%	29th	431st of 851
Residents 65 and older	13.8%	15.6%	17.3%	17.2%	29th	737th of 854
Population	17,601	1,269,496	5,739,445	334,922,499	27th	116th of 854
Self-employed workers	7.3%	9.1%	9.3%	10%	23rd	721st of 852
Median household income	$60,873	$97,653	$89,062	$80,734	21st	740th of 846
Median age	34.3	37.6	38.8	38.9	17th	782nd of 854
Veterans	2.8%	4.5%	5.9%	6.2%	14th	820th of 854
Healthcare workers	6.5%	9.8%	10.9%	9.7%	11th	732nd of 852
Homeownership rateWeakness	25%	62.7%	72.2%	65.2%	3rd	839th of 851
Residents under 18	7.1%	21.6%	22.9%	22%	1st	834th 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

Under 5

5–17

11%

18–24

34%

25–34

13%

35–44

11%

45–54

11%

55–64

65–74

75+

Median age

34.3

Under 18

7.1%

65 and over

13.8%

Race and ethnicity

White64%
Black16%
Hispanic9%
Asian4%
Native American0.9%
Pacific Islander0.1%
Other0.5%
Multiracial5%

Diversity index

55.4

U.S. 61.4

Foreign-born

12.9%

U.S. 14.1%

Born in state

44.6%

Language spoken at home (households)

English only

84%

Spanish

Other Indo-European

Asian / Pacific

Other

Households

Households: 11,762
Average household size: 1.4
Family households: 19.3%
Married couples: 15.2%
Living alone: 67.7%
Veterans (of adults): 2.8%
Male / female: 55% / 45%

Income and poverty

Household income distribution

<$25k

18%

$25–50k

24%

$50–75k

17%

$75–100k

10%

$100–150k

15%

$150–200k

$200k+

10%

Median household income

55403

$60,873

Hennepin Co.

$97,653

Minnesota

$89,062

United States

$80,734

Per capita income

$69,214

U.S. $44,673

Poverty rate

16.1%

U.S. 12.5%

Households earning $150K+

16.1%

U.S. 23%

Income inequality (Gini)

0.551

U.S. 0.483

Housing

Median home value

55403

$298,500

Hennepin Co.

$392,900

Minnesota

$329,300

United States

$332,700

Median gross rent

55403

$1,241

Hennepin Co.

$1,487

Minnesota

$1,280

United States

$1,413

Types of housing

Single-family

2–4 units

5–19 units

12%

20+ units

77%

Mobile home

0.2%

Boat, RV, van

Housing units: 13,230
Owner-occupied: 25%
Vacant: 11.1%
Median year built: 1968
Median rooms: 3
Renters paying 30%+ of income: 51%
Renters paying 50%+ of income: 20.1%
Home value to income: 4.9× (U.S. 4.1×)

Work and commute

How people get to work

Drove alone

46%

Carpooled

Transit

Walked

12%

Bicycle

Worked from home

24%

Other

Commute time (one way)

<10 min

10%

10–19

39%

20–29

23%

30–44

16%

45–59

60+

Average commute

23.6 min

U.S. 26.4 min

Unemployment

5.8%

U.S. 5.2%

In labor force

76.9%

U.S. 63.5%

Jobs and careers

What employed residents do, wherever they work

Occupations

Management

15%

Office and admin

10%

Education

10%

Business and finance

10%

Food service

Sales

Healthcare

Engineering and science

Computer and math

Production

Legal and social services

Arts, media and sports

Transportation and moving

Cleaning and personal care

Construction and repair

Police and fire

0.8%

Farming, fishing and forestry

0.4%

Industries

Manufacturing

13%

Education

13%

Health care and social assistance

11%

Professional and technical services

11%

Retail

10%

Finance, insurance and real estate

Restaurants and hotels

Other services

Transportation, warehousing and utilities

Admin, support and management

Arts and recreation

Public administration

Wholesale

Information

Agriculture and mining

0.9%

Construction

0.9%

Median earnings per worker

$51,847

U.S. $49,666

Self-employed

7.3%

U.S. 10%

Government workers

12.3%

U.S. 14.5%

Nonprofit workers

17.6%

U.S. 8.8%

Median earnings by type of work

Type of work	55403	U.S.
Management, business, science and arts	$67,420	$74,888
Service	$29,625	$26,804
Sales and office	$48,849	$40,476
Construction and maintenance	$38,194	$49,199
Production and transportation	$40,045	$39,989

Education, internet and health coverage

Highest education (adults 25+)

No diploma

High school

12%

Some college

20%

Associate's

Bachelor's

37%

Graduate

21%

High school graduate or higher: 96.5%
Bachelor's degree or higher: 57.9%
Graduate or professional degree: 20.7%
Households with broadband: 89.1%
Cable, fiber or DSL: 79.6%
No internet access: 5.2%
Without health insurance: 5.7%
Limited-English households: 3.9%

Geography

City (USPS): Minneapolis
State: Minnesota
County: Hennepin County
Center point: 44.9699° N, 93.2843° W
Land area: 1.4 sq mi
Water area: under 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 55403

Search by radius

Zip	City	Distance	Population	IncomeMedian income	Home value
55402	Minneapolis, MN	0.8 mi	667	$62,105	—
55405	Minneapolis, MN	0.9 mi	17,198	$73,053	$467,700
55473	Minneapolis, MN · PO box	1.2 mi	—	—	—
55404	Minneapolis, MN	1.2 mi	28,920	$41,940	$291,600
55440	Minneapolis, MN · PO box	1.2 mi	—	—	—
55458	Minneapolis, MN · PO box	1.2 mi	—	—	—
55459	Minneapolis, MN · PO box	1.2 mi	—	—	—
55460	Minneapolis, MN · PO box	1.2 mi	—	—	—
55470	Minneapolis, MN · PO box	1.2 mi	—	—	—
55472	Minneapolis, MN · PO box	1.2 mi	—	—	—
55474	Minneapolis, MN · PO box	1.2 mi	—	—	—
55478	Minneapolis, MN · PO box	1.2 mi	—	—	—

Zip codes like 55403 elsewhere

Matched on income, home values, age, density, education, housing and commuting

Questions about 55403

What city is zip code 55403?

55403 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 55403 in?

55403 is in Hennepin County, Minnesota.

What is the population of 55403?

About 17,601 people live in 55403, according to the Census Bureau's American Community Survey.

What time zone is 55403 in?

55403 is in Central Time.

What is the median household income in 55403?

The median household income in 55403 is $60,873.

What zip codes are near 55403?

The closest zip codes to 55403 are 55402, 55405, 55473, 55404, 55440.

Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 55403, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.