Zip code 55408: Minneapolis, Minnesota

Q: What city is zip code 55408?

55408 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 55408 in?

55408 is in Hennepin County, Minnesota.

Q: What is the population of 55408?

About 31,507 people live in 55408, according to the Census Bureau's American Community Survey.

Q: What is the median household income in 55408?

The median household income in 55408 is $70,326.

Q: What zip codes are near 55408?

The closest zip codes to 55408 are 55409, 55403, 55404, 55405, 55407.

Residential delivery areaHennepin CountyCentral Time

Population

31,507

Median household income

$70K

U.S. $81K

Median home value

$396K

U.S. $333K

Median rent

$1,364/mo

U.S. $1,413

Median age

30.9

U.S. 38.9

Land area

2.7 sq mi

11,726 people/sq mi

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

About 55408

55408 is a dense urban zip code in Minneapolis, Minnesota (Hennepin County), covering 2.7 sq mi of land. About 31,507 people live here, or 11,726 per square mile. The median resident is 30.9 years old, compared with 38.9 nationally.

The median household earns $70,326 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 $396,100, or 5.6 years of median household income (U.S.: 4.1 years), which makes homes relatively expensive for local earners. 24% of occupied homes are lived in by their owners, and renters pay a median of $1,364 a month.

56% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 24 minutes each way, and 28% of workers work from home. The most common jobs among working residents are in management; business and finance; and office and administrative support. 20% of households speak a language other than English at home, most often another language, such as Arabic or a Native American language.

How 55408 compares

Sorted from highest to lowest national percentile

Population density11,726/sq mi
94th
U.S. 95/sq mi · MN 72/sq mi6th of 854 in MN
Work from home28.3%
93rd
U.S. 15.1% · MN 17.6%34th of 852 in MN
Tech workers7.3%
91st
U.S. 3.8% · MN 4%29th of 852 in MN
Bachelor's degree or higher56.4%
86th
StrengthU.S. 35.7% · MN 39.4%52nd of 854 in MN
Unemployment rate7.4%
83rd
WeaknessU.S. 5.2% · MN 4.1%76th of 853 in MN
Income inequality (Gini)0.477
80th
WeaknessU.S. 0.483 · MN 0.45369th of 848 in MN
Per capita income$54,669
79th
U.S. $44,673 · MN $48,23789th of 853 in MN
Poverty rate16.4%
74th
U.S. 12.5% · MN 9.3%88th of 852 in MN
Diversity index60.6
73rd
U.S. 61.4 · MN 41.134th of 854 in MN
Broadband access94.5%
71st
U.S. 91% · MN 91.6%112th of 851 in MN
Uninsured rate9.1%
66th
U.S. 8.4% · MN 4.7%81st of 853 in MN
Foreign-born residents15.7%
66th
U.S. 14.1% · MN 8.7%46th of 854 in MN
Median earnings per worker$53,426
64th
U.S. $49,666 · MN $54,389257th of 851 in MN
Median home value$396,100
61st
U.S. $332,700 · MN $329,30087th of 842 in MN
Population31,507
52nd
U.S. 334,922,499 · MN 5,739,44545th of 854 in MN
Median gross rent$1,364
48th
U.S. $1,413 · MN $1,280132nd of 757 in MN
Housing vacancy5.9%
43rd
U.S. 10.1% · MN 9.3%607th of 851 in MN
Median household income$70,326
36th
U.S. $80,734 · MN $89,062589th of 846 in MN
Average commute24 min
36th
U.S. 26.4 min · MN 22.7 min422nd of 849 in MN
Government workers11.5%
31st
U.S. 14.5% · MN 12.9%541st of 852 in MN
Self-employed workers7.6%
27th
U.S. 10% · MN 9.3%703rd of 852 in MN
Rent-burdened renters42.5%
22nd
U.S. 51.1% · MN 48.1%412th of 828 in MN
Healthcare workers7.5%
21st
U.S. 9.7% · MN 10.9%670th of 852 in MN
Veterans3.5%
20th
U.S. 6.2% · MN 5.9%796th of 854 in MN
Median age30.9
5th
U.S. 38.9 · MN 38.8826th of 854 in MN
Residents under 1813%
5th
U.S. 22% · MN 22.9%796th of 854 in MN
Homeownership rate23.6%
3rd
WeaknessU.S. 65.2% · MN 72.2%841st of 851 in MN
Residents 65 and older8%
3rd
U.S. 17.2% · MN 17.3%839th of 854 in MN

Measure	55408	Hennepin	MN	U.S.	National percentile	Rank in MN
Population density	11,726/sq mi	2,291/sq mi	72/sq mi	95/sq mi	94th	6th of 854
Work from home	28.3%	25.2%	17.6%	15.1%	93rd	34th of 852
Tech workers	7.3%	6.1%	4%	3.8%	91st	29th of 852
Bachelor's degree or higherStrength	56.4%	54.1%	39.4%	35.7%	86th	52nd of 854
Unemployment rateWeakness	7.4%	4.5%	4.1%	5.2%	83rd	76th of 853
Income inequality (Gini)Weakness	0.477	0.482	0.453	0.483	80th	69th of 848
Per capita income	$54,669	$59,401	$48,237	$44,673	79th	89th of 853
Poverty rate	16.4%	10%	9.3%	12.5%	74th	88th of 852
Diversity index	60.6	54.4	41.1	61.4	73rd	34th of 854
Broadband access	94.5%	92.8%	91.6%	91%	71st	112th of 851
Uninsured rate	9.1%	4.5%	4.7%	8.4%	66th	81st of 853
Foreign-born residents	15.7%	13.6%	8.7%	14.1%	66th	46th of 854
Median earnings per worker	$53,426	$61,640	$54,389	$49,666	64th	257th of 851
Median home value	$396,100	$392,900	$329,300	$332,700	61st	87th of 842
Population	31,507	1,269,496	5,739,445	334,922,499	52nd	45th of 854
Median gross rent	$1,364	$1,487	$1,280	$1,413	48th	132nd of 757
Housing vacancy	5.9%	5.6%	9.3%	10.1%	43rd	607th of 851
Median household income	$70,326	$97,653	$89,062	$80,734	36th	589th of 846
Average commute	24 min	21.9 min	22.7 min	26.4 min	36th	422nd of 849
Government workers	11.5%	11.5%	12.9%	14.5%	31st	541st of 852
Self-employed workers	7.6%	9.1%	9.3%	10%	27th	703rd of 852
Rent-burdened renters	42.5%	47.6%	48.1%	51.1%	22nd	412th of 828
Healthcare workers	7.5%	9.8%	10.9%	9.7%	21st	670th of 852
Veterans	3.5%	4.5%	5.9%	6.2%	20th	796th of 854
Median age	30.9	37.6	38.8	38.9	5th	826th of 854
Residents under 18	13%	21.6%	22.9%	22%	5th	796th of 854
Homeownership rateWeakness	23.6%	62.7%	72.2%	65.2%	3rd	841st of 851
Residents 65 and older	8%	15.6%	17.3%	17.2%	3rd	839th 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

13%

18–24

34%

25–34

15%

35–44

45–54

55–64

65–74

75+

Median age

30.9

Under 18

13%

65 and over

Race and ethnicity

White58%
Black19%
Hispanic12%
Asian5%
Native American0.6%
Pacific Islander0%
Other0.5%
Multiracial5%

Diversity index

60.6

U.S. 61.4

Foreign-born

15.7%

U.S. 14.1%

Born in state

45.6%

Language spoken at home (households)

English only

80%

Spanish

Other Indo-European

Asian / Pacific

Other

Households

Households: 17,344
Average household size: 1.8
Family households: 25.4%
Married couples: 17.4%
Living alone: 56.9%
Veterans (of adults): 3.5%
Male / female: 51% / 49%

Income and poverty

Household income distribution

<$25k

14%

$25–50k

19%

$50–75k

21%

$75–100k

13%

$100–150k

17%

$150–200k

$200k+

10%

Median household income

55408

$70,326

Hennepin Co.

$97,653

Minnesota

$89,062

United States

$80,734

Per capita income

$54,669

U.S. $44,673

Poverty rate

16.4%

U.S. 12.5%

Households earning $150K+

15.7%

U.S. 23%

Income inequality (Gini)

0.477

U.S. 0.483

Housing

Median home value

55408

$396,100

Hennepin Co.

$392,900

Minnesota

$329,300

United States

$332,700

Median gross rent

55408

$1,364

Hennepin Co.

$1,487

Minnesota

$1,280

United States

$1,413

Types of housing

Single-family

18%

2–4 units

17%

5–19 units

23%

20+ units

42%

Mobile home

0.0%

Boat, RV, van

Housing units: 18,433
Owner-occupied: 23.6%
Vacant: 5.9%
Median year built: 1958
Median rooms: 3.6
Renters paying 30%+ of income: 42.5%
Renters paying 50%+ of income: 20.4%
Home value to income: 5.6× (U.S. 4.1×)

Work and commute

How people get to work

Drove alone

51%

Carpooled

Transit

Walked

Bicycle

Worked from home

28%

Other

Commute time (one way)

<10 min

10–19

32%

20–29

33%

30–44

18%

45–59

60+

Average commute

24 min

U.S. 26.4 min

Unemployment

7.4%

U.S. 5.2%

In labor force

81.8%

U.S. 63.5%

Jobs and careers

What employed residents do, wherever they work

Occupations

Management

15%

Business and finance

13%

Office and admin

Healthcare

Computer and math

Sales

Arts, media and sports

Food service

Education

Production

Transportation and moving

Engineering and science

Cleaning and personal care

Legal and social services

Construction and repair

Police and fire

0.9%

Farming, fishing and forestry

Industries

Health care and social assistance

14%

Professional and technical services

12%

Finance, insurance and real estate

10%

Retail

10%

Manufacturing

10%

Education

Restaurants and hotels

Other services

Public administration

Transportation, warehousing and utilities

Arts and recreation

Information

Construction

Admin, support and management

Wholesale

Agriculture and mining

Median earnings per worker

$53,426

U.S. $49,666

Self-employed

7.6%

U.S. 10%

Government workers

11.5%

U.S. 14.5%

Nonprofit workers

13.8%

U.S. 8.8%

Median earnings by type of work

Type of work	55408	U.S.
Management, business, science and arts	$68,033	$74,888
Service	$29,204	$26,804
Sales and office	$41,310	$40,476
Construction and maintenance	$57,121	$49,199
Production and transportation	$40,153	$39,989

Education, internet and health coverage

Highest education (adults 25+)

No diploma

High school

14%

Some college

14%

Associate's

Bachelor's

38%

Graduate

19%

High school graduate or higher: 91.7%
Bachelor's degree or higher: 56.4%
Graduate or professional degree: 18.7%
Households with broadband: 94.5%
Cable, fiber or DSL: 84.1%
No internet access: 3.5%
Without health insurance: 9.1%
Limited-English households: 5.2%

Geography

City (USPS): Minneapolis
State: Minnesota
County: Hennepin County
Center point: 44.9438° N, 93.2939° W
Land area: 2.7 sq mi
Water area: 0.7 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 55408

Search by radius

Zip	City	Distance	Population	IncomeMedian income	Home value
55409	Minneapolis, MN	1.1 mi	11,188	$98,305	$378,600
55403	Minneapolis, MN	1.9 mi	17,601	$60,873	$298,500
55404	Minneapolis, MN	2 mi	28,920	$41,940	$291,600
55405	Minneapolis, MN	2 mi	17,198	$73,053	$467,700
55407	Minneapolis, MN	2.1 mi	37,667	$78,464	$335,400
55416	Minneapolis, MN	2.3 mi	35,015	$105,958	$461,500
55410	Minneapolis, MN	2.4 mi	20,422	$146,425	$620,600
55402	Minneapolis, MN	2.5 mi	667	$62,105	—
55419	Minneapolis, MN	2.6 mi	29,738	$148,350	$495,000
55415	Minneapolis, MN	2.8 mi	6,900	$124,921	$625,500
55473	Minneapolis, MN · PO box	2.9 mi	—	—	—
55440	Minneapolis, MN · PO box	2.9 mi	—	—	—

Zip codes like 55408 elsewhere

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

Questions about 55408

What city is zip code 55408?

55408 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 55408 in?

55408 is in Hennepin County, Minnesota.

What is the population of 55408?

About 31,507 people live in 55408, according to the Census Bureau's American Community Survey.

What time zone is 55408 in?

55408 is in Central Time.

What is the median household income in 55408?

The median household income in 55408 is $70,326.

What zip codes are near 55408?

The closest zip codes to 55408 are 55409, 55403, 55404, 55405, 55407.

Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 55408, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.