Zip code 55406: Minneapolis, Minnesota

Q: What city is zip code 55406?

55406 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 55406 in?

55406 is in Hennepin County, Minnesota.

Q: What is the population of 55406?

About 36,581 people live in 55406, according to the Census Bureau's American Community Survey.

Q: What is the median household income in 55406?

The median household income in 55406 is $93,910.

Q: What zip codes are near 55406?

The closest zip codes to 55406 are 55407, 55114, 55417, 55404, 55454.

Residential delivery areaHennepin CountyCentral Time

Population

36,581

Median household income

$94K

U.S. $81K

Median home value

$354K

U.S. $333K

Median rent

$1,281/mo

U.S. $1,413

Median age

39.8

U.S. 38.9

Land area

5 sq mi

7,309 people/sq mi

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

About 55406

55406 is an urban zip code in Minneapolis, Minnesota (Hennepin County), covering 5 sq mi of land. About 36,581 people live here, or 7,309 per square mile. The median resident is 39.8 years old, compared with 38.9 nationally.

The median household earns $93,910 a year, 16% above the national median of $80,734. 9.5% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $354,100, or 3.8 years of median household income (U.S.: 4.1 years), which makes homes about as affordable as the national average for local earners. 66% of occupied homes are lived in by their owners, and renters pay a median of $1,281 a month.

57% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 21.7 minutes each way, and 29% of workers work from home. The most common jobs among working residents are in management; business and finance; and education.

How 55406 compares

Sorted from highest to lowest national percentile

Work from home29.4%
94th
U.S. 15.1% · MN 17.6%27th of 852 in MN
Population density7,309/sq mi
89th
U.S. 95/sq mi · MN 72/sq mi18th of 854 in MN
Bachelor's degree or higher57.3%
87th
StrengthU.S. 35.7% · MN 39.4%51st of 854 in MN
Tech workers5.9%
85th
U.S. 3.8% · MN 4%64th of 852 in MN
Median earnings per worker$62,540
80th
StrengthU.S. $49,666 · MN $54,38986th of 851 in MN
Per capita income$54,006
78th
U.S. $44,673 · MN $48,23797th of 853 in MN
Government workers17%
72nd
U.S. 14.5% · MN 12.9%194th of 852 in MN
Median household income$93,910
66th
U.S. $80,734 · MN $89,062205th of 846 in MN
Unemployment rate5.8%
65th
U.S. 5.2% · MN 4.1%161st of 853 in MN
Broadband access93.9%
65th
U.S. 91% · MN 91.6%130th of 851 in MN
Population36,581
61st
U.S. 334,922,499 · MN 5,739,44525th of 854 in MN
Foreign-born residents11.9%
57th
U.S. 14.1% · MN 8.7%84th of 854 in MN
Median age39.8
56th
U.S. 38.9 · MN 38.8560th of 854 in MN
Median home value$354,100
54th
U.S. $332,700 · MN $329,300147th of 842 in MN
Diversity index50.8
53rd
U.S. 61.4 · MN 41.170th of 854 in MN
Healthcare workers9.3%
47th
U.S. 9.7% · MN 10.9%508th of 852 in MN
Self-employed workers8.9%
45th
U.S. 10% · MN 9.3%617th of 852 in MN
Homeownership rate66%
44th
U.S. 65.2% · MN 72.2%770th of 851 in MN
Income inequality (Gini)0.428
44th
U.S. 0.483 · MN 0.453307th of 848 in MN
Residents 65 and older15.7%
43rd
U.S. 17.2% · MN 17.3%651st of 854 in MN
Median gross rent$1,281
42nd
U.S. $1,413 · MN $1,280164th of 757 in MN
Poverty rate9.5%
42nd
U.S. 12.5% · MN 9.3%357th of 852 in MN
Housing vacancy5.2%
35th
U.S. 10.1% · MN 9.3%649th of 851 in MN
Uninsured rate4.5%
27th
U.S. 8.4% · MN 4.7%380th of 853 in MN
Veterans4%
26th
U.S. 6.2% · MN 5.9%766th of 854 in MN
Rent-burdened renters43.6%
25th
U.S. 51.1% · MN 48.1%380th of 828 in MN
Residents under 1818.6%
22nd
U.S. 22% · MN 22.9%677th of 854 in MN
Average commute21.7 min
21st
U.S. 26.4 min · MN 22.7 min568th of 849 in MN

Measure	55406	Hennepin	MN	U.S.	National percentile	Rank in MN
Work from home	29.4%	25.2%	17.6%	15.1%	94th	27th of 852
Population density	7,309/sq mi	2,291/sq mi	72/sq mi	95/sq mi	89th	18th of 854
Bachelor's degree or higherStrength	57.3%	54.1%	39.4%	35.7%	87th	51st of 854
Tech workers	5.9%	6.1%	4%	3.8%	85th	64th of 852
Median earnings per workerStrength	$62,540	$61,640	$54,389	$49,666	80th	86th of 851
Per capita income	$54,006	$59,401	$48,237	$44,673	78th	97th of 853
Government workers	17%	11.5%	12.9%	14.5%	72nd	194th of 852
Median household income	$93,910	$97,653	$89,062	$80,734	66th	205th of 846
Unemployment rate	5.8%	4.5%	4.1%	5.2%	65th	161st of 853
Broadband access	93.9%	92.8%	91.6%	91%	65th	130th of 851
Population	36,581	1,269,496	5,739,445	334,922,499	61st	25th of 854
Foreign-born residents	11.9%	13.6%	8.7%	14.1%	57th	84th of 854
Median age	39.8	37.6	38.8	38.9	56th	560th of 854
Median home value	$354,100	$392,900	$329,300	$332,700	54th	147th of 842
Diversity index	50.8	54.4	41.1	61.4	53rd	70th of 854
Healthcare workers	9.3%	9.8%	10.9%	9.7%	47th	508th of 852
Self-employed workers	8.9%	9.1%	9.3%	10%	45th	617th of 852
Homeownership rate	66%	62.7%	72.2%	65.2%	44th	770th of 851
Income inequality (Gini)	0.428	0.482	0.453	0.483	44th	307th of 848
Residents 65 and older	15.7%	15.6%	17.3%	17.2%	43rd	651st of 854
Median gross rent	$1,281	$1,487	$1,280	$1,413	42nd	164th of 757
Poverty rate	9.5%	10%	9.3%	12.5%	42nd	357th of 852
Housing vacancy	5.2%	5.6%	9.3%	10.1%	35th	649th of 851
Uninsured rate	4.5%	4.5%	4.7%	8.4%	27th	380th of 853
Veterans	4%	4.5%	5.9%	6.2%	26th	766th of 854
Rent-burdened renters	43.6%	47.6%	48.1%	51.1%	25th	380th of 828
Residents under 18	18.6%	21.6%	22.9%	22%	22nd	677th of 854
Average commute	21.7 min	21.9 min	22.7 min	26.4 min	21st	568th of 849

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

13%

5–17

18–24

17%

25–34

18%

35–44

12%

45–54

14%

55–64

10%

65–74

75+

Median age

39.8

Under 18

18.6%

65 and over

15.7%

Race and ethnicity

White68%
Black14%
Hispanic7%
Asian3%
Native American0.4%
Pacific Islander0%
Other0.3%
Multiracial8%

Diversity index

50.8

U.S. 61.4

Foreign-born

11.9%

U.S. 14.1%

Born in state

53.4%

Language spoken at home (households)

English only

82%

Spanish

Other Indo-European

Asian / Pacific

Other

Households

Households: 16,999
Average household size: 2.1
Family households: 50.8%
Married couples: 39.5%
Living alone: 37.9%
Veterans (of adults): 4%
Male / female: 48% / 52%

Income and poverty

Household income distribution

<$25k

12%

$25–50k

13%

$50–75k

13%

$75–100k

14%

$100–150k

21%

$150–200k

12%

$200k+

14%

Median household income

55406

$93,910

Hennepin Co.

$97,653

Minnesota

$89,062

United States

$80,734

Per capita income

$54,006

U.S. $44,673

Poverty rate

9.5%

U.S. 12.5%

Households earning $150K+

26.5%

U.S. 23%

Income inequality (Gini)

0.428

U.S. 0.483

Housing

Median home value

55406

$354,100

Hennepin Co.

$392,900

Minnesota

$329,300

United States

$332,700

Median gross rent

55406

$1,281

Hennepin Co.

$1,487

Minnesota

$1,280

United States

$1,413

Types of housing

Single-family

65%

2–4 units

11%

5–19 units

20+ units

18%

Mobile home

0.2%

Boat, RV, van

Housing units: 17,939
Owner-occupied: 66%
Vacant: 5.2%
Median year built: 1939 or earlier
Median rooms: 5.5
Renters paying 30%+ of income: 43.6%
Renters paying 50%+ of income: 18.5%
Home value to income: 3.8× (U.S. 4.1×)

Work and commute

How people get to work

Drove alone

52%

Carpooled

Transit

Walked

Bicycle

Worked from home

29%

Other

Commute time (one way)

<10 min

11%

10–19

34%

20–29

29%

30–44

18%

45–59

60+

Average commute

21.7 min

U.S. 26.4 min

Unemployment

5.8%

U.S. 5.2%

In labor force

72.1%

U.S. 63.5%

Jobs and careers

What employed residents do, wherever they work

Occupations

Management

11%

Business and finance

11%

Education

10%

Healthcare

Office and admin

Sales

Computer and math

Engineering and science

Arts, media and sports

Legal and social services

Transportation and moving

Food service

Cleaning and personal care

Production

Construction and repair

Police and fire

0.6%

Farming, fishing and forestry

0.1%

Industries

Health care and social assistance

17%

Education

13%

Professional and technical services

12%

Retail

10%

Manufacturing

Finance, insurance and real estate

Other services

Public administration

Restaurants and hotels

Construction

Transportation, warehousing and utilities

Admin, support and management

Arts and recreation

Information

Wholesale

Agriculture and mining

0.5%

Median earnings per worker

$62,540

U.S. $49,666

Self-employed

8.9%

U.S. 10%

Government workers

17%

U.S. 14.5%

Nonprofit workers

19%

U.S. 8.8%

Median earnings by type of work

Type of work	55406	U.S.
Management, business, science and arts	$80,984	$74,888
Service	$28,106	$26,804
Sales and office	$49,802	$40,476
Construction and maintenance	$51,394	$49,199
Production and transportation	$40,030	$39,989

Education, internet and health coverage

Highest education (adults 25+)

No diploma

High school

12%

Some college

15%

Associate's

Bachelor's

33%

Graduate

25%

High school graduate or higher: 91.7%
Bachelor's degree or higher: 57.3%
Graduate or professional degree: 24.7%
Households with broadband: 93.9%
Cable, fiber or DSL: 83.7%
No internet access: 4.8%
Without health insurance: 4.5%
Limited-English households: 4.7%

Geography

City (USPS): Minneapolis
State: Minnesota
County: Hennepin County
Center point: 44.9387° N, 93.2210° W
Land area: 5 sq mi
Water area: 0.3 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 55406

Search by radius

Zip	City	Distance	Population	IncomeMedian income	Home value
55407	Minneapolis, MN	1.6 mi	37,667	$78,464	$335,400
55114	Saint Paul, MN	2.3 mi	5,049	$62,766	$319,800
55417	Minneapolis, MN	2.4 mi	25,102	$126,261	$382,900
55404	Minneapolis, MN	2.5 mi	28,920	$41,940	$291,600
55454	Minneapolis, MN	2.6 mi	8,880	$23,100	$186,600
55455	Minneapolis, MN	2.6 mi	5,390	—	—
55414	Minneapolis, MN	2.7 mi	35,007	$51,966	$440,500
55105	Saint Paul, MN	2.7 mi	28,617	$107,248	$470,100
55409	Minneapolis, MN	3 mi	11,188	$98,305	$378,600
55104	Saint Paul, MN	3 mi	45,762	$75,712	$317,700
55415	Minneapolis, MN	3.1 mi	6,900	$124,921	$625,500
55116	Saint Paul, MN	3.2 mi	25,918	$81,141	$418,200

Zip codes like 55406 elsewhere

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

Questions about 55406

What city is zip code 55406?

55406 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 55406 in?

55406 is in Hennepin County, Minnesota.

What is the population of 55406?

About 36,581 people live in 55406, according to the Census Bureau's American Community Survey.

What time zone is 55406 in?

55406 is in Central Time.

What is the median household income in 55406?

The median household income in 55406 is $93,910.

What zip codes are near 55406?

The closest zip codes to 55406 are 55407, 55114, 55417, 55404, 55454.

Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 55406, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.