ZipCodeLook
55405

Zip code 55405: Minneapolis, Minnesota

Residential delivery areaHennepin CountyCentral Time
Population
17,198
Median household income
$73K
U.S. $81K
Median home value
$468K
U.S. $333K
Median rent
$1,231/mo
U.S. $1,413
Median age
32
U.S. 38.9
Land area
2.8 sq mi
6,071 people/sq mi

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

Sorted from highest to lowest national percentile

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

Median age
32
Under 18
17.7%
65 and over
10.5%

Race and ethnicity

  • White58%
  • Black23%
  • Hispanic5%
  • Asian4%
  • Native American1%
  • Pacific Islander0%
  • Other0.2%
  • Multiracial8%
Diversity index
59.7
U.S. 61.4
Foreign-born
11%
U.S. 14.1%
Born in state
45.5%

Language spoken at home (households)

English only
79%
Spanish
4%
Other Indo-European
3%
Asian / Pacific
5%
Other
8%

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

<$25k
15%
$25–50k
18%
$50–75k
18%
$75–100k
9%
$100–150k
19%
$150–200k
6%
$200k+
15%

Median household income

55405
$73,053
Hennepin Co.
$97,653
Minnesota
$89,062
United States
$80,734
Per capita income
$58,852
U.S. $44,673
Poverty rate
16.4%
U.S. 12.5%
Households earning $150K+
21%
U.S. 23%
Income inequality (Gini)
0.524
U.S. 0.483

Housing

Median home value

55405
$467,700
Hennepin Co.
$392,900
Minnesota
$329,300
United States
$332,700

Median gross rent

55405
$1,231
Hennepin Co.
$1,487
Minnesota
$1,280
United States
$1,413

Types of housing

Single-family
30%
2–4 units
18%
5–19 units
26%
20+ units
26%
Mobile home
0.1%
Boat, RV, van
0.2%
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

Drove alone
49%
Carpooled
8%
Transit
8%
Walked
4%
Bicycle
4%
Worked from home
26%
Other
2%

Commute time (one way)

<10 min
9%
10–19
48%
20–29
22%
30–44
13%
45–59
4%
60+
4%
Average commute
20.4 min
U.S. 26.4 min
Unemployment
6.3%
U.S. 5.2%
In labor force
77.8%
U.S. 63.5%

Jobs and careers

What employed residents do, wherever they work

Occupations

Management
10%
Sales
10%
Office and admin
9%
Education
9%
Legal and social services
9%
Business and finance
9%
Transportation and moving
8%
Healthcare
7%
Computer and math
6%
Arts, media and sports
5%
Cleaning and personal care
5%
Engineering and science
5%
Food service
4%
Production
3%
Police and fire
1%
Construction and repair
0.9%
Farming, fishing and forestry
0%

Industries

Health care and social assistance
17%
Retail
14%
Education
13%
Professional and technical services
13%
Manufacturing
7%
Finance, insurance and real estate
7%
Transportation, warehousing and utilities
6%
Other services
5%
Admin, support and management
4%
Arts and recreation
4%
Restaurants and hotels
2%
Public administration
2%
Wholesale
2%
Information
2%
Construction
0.9%
Agriculture and mining
0%
Median earnings per worker
$53,240
U.S. $49,666
Self-employed
9.5%
U.S. 10%
Government workers
15.1%
U.S. 14.5%
Nonprofit workers
18%
U.S. 8.8%

Median earnings by type of work

Type of work55405U.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+)

No diploma
4%
High school
10%
Some college
16%
Associate's
9%
Bachelor's
33%
Graduate
27%
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
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

ZipCityDistanceIncome
55403Minneapolis0.9 mi$60,873
55402Minneapolis1.5 mi$62,105
55401Minneapolis1.8 mi$113,522
55467Minneapolis · PO box1.8 mi—
55473Minneapolis · PO box1.9 mi—
55411Minneapolis1.9 mi$60,225
55440Minneapolis · PO box1.9 mi—
55458Minneapolis · PO box1.9 mi—
55459Minneapolis · PO box1.9 mi—
55460Minneapolis · PO box1.9 mi—
55470Minneapolis · PO box1.9 mi—
55472Minneapolis · PO box1.9 mi—

Zip codes like 55405 elsewhere

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

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.