Zip code 55405: Minneapolis, Minnesota
Boundary is the Census Bureau's ZIP Code Tabulation Area, which closely tracks the postal delivery area.
About 55405
55405 is an urban zip code in Minneapolis, Minnesota (Hennepin County), covering 2.8 sq mi of land. About 17,198 people live here, or 6,071 per square mile. The median resident is 32 years old, compared with 38.9 nationally.
The median household earns $73,053 a year, close to the national median of $80,734. 16.4% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $467,700, or 6.4 years of median household income (U.S.: 4.1 years), which makes homes relatively expensive for local earners. 36% of occupied homes are lived in by their owners, and renters pay a median of $1,231 a month.
61% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 20.4 minutes each way, and 26% of workers work from home. The most common jobs among working residents are in management; sales; and office and administrative support. 21% of households speak a language other than English at home, most often another language, such as Arabic or a Native American language.
How 55405 compares
- 94thWeaknessU.S. 0.483 · MN 0.45315th of 848 in MN
- 90thStrengthU.S. 35.7% · MN 39.4%39th of 854 in MN
- Work from home26.3%90thU.S. 15.1% · MN 17.6%49th of 852 in MN
- Population density6,071/sq mi85thU.S. 95/sq mi · MN 72/sq mi24th of 854 in MN
- Per capita income$58,85284thStrengthU.S. $44,673 · MN $48,23763rd of 853 in MN
- Tech workers5.8%84thU.S. 3.8% · MN 4%68th of 852 in MN
- Poverty rate16.4%74thU.S. 12.5% · MN 9.3%87th of 852 in MN
- 72ndU.S. 5.2% · MN 4.1%121st of 853 in MN
- Median home value$467,70071stU.S. $332,700 · MN $329,30038th of 842 in MN
- Diversity index59.771stU.S. 61.4 · MN 41.135th of 854 in MN
- Housing vacancy9.4%68thU.S. 10.1% · MN 9.3%442nd of 851 in MN
- Median earnings per worker$53,24064thU.S. $49,666 · MN $54,389264th of 851 in MN
- Broadband access93.6%63rdU.S. 91% · MN 91.6%143rd of 851 in MN
- Government workers15.1%60thU.S. 14.5% · MN 12.9%268th of 852 in MN
- Uninsured rate7.3%54thU.S. 8.4% · MN 4.7%144th of 853 in MN
- 54thU.S. 14.1% · MN 8.7%97th of 854 in MN
- 53rdU.S. 10% · MN 9.3%583rd of 852 in MN
- Median household income$73,05340thU.S. $80,734 · MN $89,062521st of 846 in MN
- Median gross rent$1,23138thU.S. $1,413 · MN $1,280179th of 757 in MN
- Population17,19826thU.S. 334,922,499 · MN 5,739,445120th of 854 in MN
- 19thStrengthU.S. 51.1% · MN 48.1%433rd of 828 in MN
- 18thU.S. 9.7% · MN 10.9%702nd of 852 in MN
- Veterans3.2%17thU.S. 6.2% · MN 5.9%811th of 854 in MN
- Residents under 1817.7%17thU.S. 22% · MN 22.9%706th of 854 in MN
- Average commute20.4 min14thStrengthU.S. 26.4 min · MN 22.7 min641st of 849 in MN
- 10thU.S. 17.2% · MN 17.3%814th of 854 in MN
- 8thU.S. 38.9 · MN 38.8817th of 854 in MN
- Homeownership rate36.3%7thWeaknessU.S. 65.2% · MN 72.2%833rd of 851 in MN
| Measure | 55405 | Hennepin | MN | U.S. | National percentile | Rank in MN |
|---|---|---|---|---|---|---|
| Income inequality (Gini)Weakness | 0.524 | 0.482 | 0.453 | 0.483 | 15th of 848 | |
| Bachelor's degree or higherStrength | 60.6% | 54.1% | 39.4% | 35.7% | 39th of 854 | |
| Work from home | 26.3% | 25.2% | 17.6% | 15.1% | 49th of 852 | |
| Population density | 6,071/sq mi | 2,291/sq mi | 72/sq mi | 95/sq mi | 24th of 854 | |
| Per capita incomeStrength | $58,852 | $59,401 | $48,237 | $44,673 | 63rd of 853 | |
| Tech workers | 5.8% | 6.1% | 4% | 3.8% | 68th of 852 | |
| Poverty rate | 16.4% | 10% | 9.3% | 12.5% | 87th of 852 | |
| Unemployment rate | 6.3% | 4.5% | 4.1% | 5.2% | 121st of 853 | |
| Median home value | $467,700 | $392,900 | $329,300 | $332,700 | 38th of 842 | |
| Diversity index | 59.7 | 54.4 | 41.1 | 61.4 | 35th of 854 | |
| Housing vacancy | 9.4% | 5.6% | 9.3% | 10.1% | 442nd of 851 | |
| Median earnings per worker | $53,240 | $61,640 | $54,389 | $49,666 | 264th of 851 | |
| Broadband access | 93.6% | 92.8% | 91.6% | 91% | 143rd of 851 | |
| Government workers | 15.1% | 11.5% | 12.9% | 14.5% | 268th of 852 | |
| Uninsured rate | 7.3% | 4.5% | 4.7% | 8.4% | 144th of 853 | |
| Foreign-born residents | 11% | 13.6% | 8.7% | 14.1% | 97th of 854 | |
| Self-employed workers | 9.5% | 9.1% | 9.3% | 10% | 583rd of 852 | |
| Median household income | $73,053 | $97,653 | $89,062 | $80,734 | 521st of 846 | |
| Median gross rent | $1,231 | $1,487 | $1,280 | $1,413 | 179th of 757 | |
| Population | 17,198 | 1,269,496 | 5,739,445 | 334,922,499 | 120th of 854 | |
| Rent-burdened rentersStrength | 41.4% | 47.6% | 48.1% | 51.1% | 433rd of 828 | |
| Healthcare workers | 7.2% | 9.8% | 10.9% | 9.7% | 702nd of 852 | |
| Veterans | 3.2% | 4.5% | 5.9% | 6.2% | 811th of 854 | |
| Residents under 18 | 17.7% | 21.6% | 22.9% | 22% | 706th of 854 | |
| Average commuteStrength | 20.4 min | 21.9 min | 22.7 min | 26.4 min | 641st of 849 | |
| Residents 65 and older | 10.5% | 15.6% | 17.3% | 17.2% | 814th of 854 | |
| Median age | 32 | 37.6 | 38.8 | 38.9 | 817th of 854 | |
| Homeownership rateWeakness | 36.3% | 62.7% | 72.2% | 65.2% | 833rd of 851 |
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
- White58%
- Black23%
- Hispanic5%
- Asian4%
- Native American1%
- Pacific Islander0%
- Other0.2%
- Multiracial8%
Language spoken at home (households)
Households
- Households
- 8,228
- Average household size
- 2
- Family households
- 36.1%
- Married couples
- 23.9%
- Living alone
- 45.7%
- Veterans (of adults)
- 3.2%
- Male / female
- 48% / 52%
Income and poverty
Household income distribution
Median household income
Housing
Median home value
Median gross rent
Types of housing
- Housing units
- 9,086
- Owner-occupied
- 36.3%
- Vacant
- 9.4%
- Median year built
- 1939 or earlier
- Median rooms
- 4.2
- Renters paying 30%+ of income
- 41.4%
- Renters paying 50%+ of income
- 19%
- Home value to income
- 6.4× (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 | 55405 | U.S. |
|---|---|---|
| Management, business, science and arts | $64,516 | $74,888 |
| Service | $26,329 | $26,804 |
| Sales and office | $51,815 | $40,476 |
| Construction and maintenance | $68,438 | $49,199 |
| Production and transportation | $35,393 | $39,989 |
Education, internet and health coverage
Highest education (adults 25+)
- High school graduate or higher
- 95.6%
- Bachelor's degree or higher
- 60.6%
- Graduate or professional degree
- 27.4%
- Households with broadband
- 93.6%
- Cable, fiber or DSL
- 87.1%
- No internet access
- 2.7%
- Without health insurance
- 7.3%
- Limited-English households
- 2.8%
Geography
- City (USPS)
- Minneapolis
- State
- Minnesota
- County
- Hennepin County
- Center point
- 44.9727° N, 93.3019° W
- Land area
- 2.8 sq mi
- Water area
- 0.2 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 55405
| Zip | City | Distance | IncomeMedian income |
|---|---|---|---|
| 55403 | Minneapolis, MN | 0.9 mi | $60,873 |
| 55402 | Minneapolis, MN | 1.5 mi | $62,105 |
| 55401 | Minneapolis, MN | 1.8 mi | $113,522 |
| 55467 | Minneapolis, MN · PO box | 1.8 mi | — |
| 55473 | Minneapolis, MN · PO box | 1.9 mi | — |
| 55411 | Minneapolis, MN | 1.9 mi | $60,225 |
| 55440 | Minneapolis, MN · PO box | 1.9 mi | — |
| 55458 | Minneapolis, MN · PO box | 1.9 mi | — |
| 55459 | Minneapolis, MN · PO box | 1.9 mi | — |
| 55460 | Minneapolis, MN · PO box | 1.9 mi | — |
| 55470 | Minneapolis, MN · PO box | 1.9 mi | — |
| 55472 | Minneapolis, MN · PO box | 1.9 mi | — |
Zip codes like 55405 elsewhere
Questions about 55405
What city is zip code 55405?
55405 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 55405 in?
55405 is in Hennepin County, Minnesota.
What is the population of 55405?
About 17,198 people live in 55405, according to the Census Bureau's American Community Survey.
What time zone is 55405 in?
55405 is in Central Time.
What is the median household income in 55405?
The median household income in 55405 is $73,053.
What zip codes are near 55405?
The closest zip codes to 55405 are 55403, 55402, 55401, 55467, 55473.
Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 55405, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.