Zip code 55418: Minneapolis, Minnesota
Boundary is the Census Bureau's ZIP Code Tabulation Area, which closely tracks the postal delivery area.
About 55418
55418 is an urban zip code in Minneapolis, Minnesota (Hennepin County), covering 7 sq mi of land. About 31,505 people live here, or 4,508 per square mile. The median resident is 37.2 years old, compared with 38.9 nationally.
The median household earns $99,397 a year, 23% above the national median of $80,734. 6.6% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $348,700, or 3.5 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 $1,425 a month.
54% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 22.9 minutes each way, and 29% of workers work from home. The most common jobs among working residents are in management; office and administrative support; and business and finance.
How 55418 compares
- Work from home28.6%93rdU.S. 15.1% · MN 17.6%32nd of 852 in MN
- Tech workers6.8%90thU.S. 3.8% · MN 4%39th of 852 in MN
- 84thStrengthU.S. 35.7% · MN 39.4%60th of 854 in MN
- Per capita income$57,14482ndStrengthU.S. $44,673 · MN $48,23771st of 853 in MN
- Population density4,508/sq mi78thU.S. 95/sq mi · MN 72/sq mi37th of 854 in MN
- Median earnings per worker$61,81178thU.S. $49,666 · MN $54,38998th of 851 in MN
- Median household income$99,39771stU.S. $80,734 · MN $89,062154th of 846 in MN
- Median home value$348,70053rdU.S. $332,700 · MN $329,300164th of 842 in MN
- Population31,50552ndU.S. 334,922,499 · MN 5,739,44546th of 854 in MN
- Median gross rent$1,42552ndU.S. $1,413 · MN $1,280105th of 757 in MN
- 52ndU.S. 14.1% · MN 8.7%107th of 854 in MN
- 52ndU.S. 0.483 · MN 0.453248th of 848 in MN
- Housing vacancy6.7%50thU.S. 10.1% · MN 9.3%569th of 851 in MN
- 49thU.S. 91% · MN 91.6%229th of 851 in MN
- 49thU.S. 10% · MN 9.3%603rd of 852 in MN
- Government workers13.3%47thU.S. 14.5% · MN 12.9%377th of 852 in MN
- Homeownership rate66.3%44thU.S. 65.2% · MN 72.2%769th of 851 in MN
- Diversity index43.741stU.S. 61.4 · MN 41.1110th of 854 in MN
- Veterans5.1%40thU.S. 6.2% · MN 5.9%661st of 854 in MN
- Median age37.236thU.S. 38.9 · MN 38.8690th of 854 in MN
- 35thU.S. 17.2% · MN 17.3%705th of 854 in MN
- Residents under 1820.4%35thU.S. 22% · MN 22.9%580th of 854 in MN
- 31stU.S. 9.7% · MN 10.9%615th of 852 in MN
- Average commute22.9 min29thU.S. 26.4 min · MN 22.7 min498th of 849 in MN
- 26thU.S. 5.2% · MN 4.1%377th of 853 in MN
- Poverty rate6.6%22ndU.S. 12.5% · MN 9.3%565th of 852 in MN
- Uninsured rate3.7%19thStrengthU.S. 8.4% · MN 4.7%497th of 853 in MN
- 18thStrengthU.S. 51.1% · MN 48.1%443rd of 828 in MN
| Measure | 55418 | Hennepin | MN | U.S. | National percentile | Rank in MN |
|---|---|---|---|---|---|---|
| Work from home | 28.6% | 25.2% | 17.6% | 15.1% | 32nd of 852 | |
| Tech workers | 6.8% | 6.1% | 4% | 3.8% | 39th of 852 | |
| Bachelor's degree or higherStrength | 54.3% | 54.1% | 39.4% | 35.7% | 60th of 854 | |
| Per capita incomeStrength | $57,144 | $59,401 | $48,237 | $44,673 | 71st of 853 | |
| Population density | 4,508/sq mi | 2,291/sq mi | 72/sq mi | 95/sq mi | 37th of 854 | |
| Median earnings per worker | $61,811 | $61,640 | $54,389 | $49,666 | 98th of 851 | |
| Median household income | $99,397 | $97,653 | $89,062 | $80,734 | 154th of 846 | |
| Median home value | $348,700 | $392,900 | $329,300 | $332,700 | 164th of 842 | |
| Population | 31,505 | 1,269,496 | 5,739,445 | 334,922,499 | 46th of 854 | |
| Median gross rent | $1,425 | $1,487 | $1,280 | $1,413 | 105th of 757 | |
| Foreign-born residents | 10.3% | 13.6% | 8.7% | 14.1% | 107th of 854 | |
| Income inequality (Gini) | 0.437 | 0.482 | 0.453 | 0.483 | 248th of 848 | |
| Housing vacancy | 6.7% | 5.6% | 9.3% | 10.1% | 569th of 851 | |
| Broadband access | 92% | 92.8% | 91.6% | 91% | 229th of 851 | |
| Self-employed workers | 9.2% | 9.1% | 9.3% | 10% | 603rd of 852 | |
| Government workers | 13.3% | 11.5% | 12.9% | 14.5% | 377th of 852 | |
| Homeownership rate | 66.3% | 62.7% | 72.2% | 65.2% | 769th of 851 | |
| Diversity index | 43.7 | 54.4 | 41.1 | 61.4 | 110th of 854 | |
| Veterans | 5.1% | 4.5% | 5.9% | 6.2% | 661st of 854 | |
| Median age | 37.2 | 37.6 | 38.8 | 38.9 | 690th of 854 | |
| Residents 65 and older | 14.6% | 15.6% | 17.3% | 17.2% | 705th of 854 | |
| Residents under 18 | 20.4% | 21.6% | 22.9% | 22% | 580th of 854 | |
| Healthcare workers | 8.2% | 9.8% | 10.9% | 9.7% | 615th of 852 | |
| Average commute | 22.9 min | 21.9 min | 22.7 min | 26.4 min | 498th of 849 | |
| Unemployment rate | 3.6% | 4.5% | 4.1% | 5.2% | 377th of 853 | |
| Poverty rate | 6.6% | 10% | 9.3% | 12.5% | 565th of 852 | |
| Uninsured rateStrength | 3.7% | 4.5% | 4.7% | 8.4% | 497th of 853 | |
| Rent-burdened rentersStrength | 40.8% | 47.6% | 48.1% | 51.1% | 443rd of 828 |
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
- White74%
- Black10%
- Hispanic7%
- Asian3%
- Native American0.2%
- Pacific Islander0.0%
- Other0.4%
- Multiracial6%
Language spoken at home (households)
Households
- Households
- 14,148
- Average household size
- 2.2
- Family households
- 50.3%
- Married couples
- 38%
- Living alone
- 36.6%
- Veterans (of adults)
- 5.1%
- Male / female
- 52% / 48%
Income and poverty
Household income distribution
Median household income
Housing
Median home value
Median gross rent
Types of housing
- Housing units
- 15,169
- Owner-occupied
- 66.3%
- Vacant
- 6.7%
- Median year built
- 1948
- Median rooms
- 5.7
- Renters paying 30%+ of income
- 40.8%
- Renters paying 50%+ of income
- 25.5%
- Home value to income
- 3.5× (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 | 55418 | U.S. |
|---|---|---|
| Management, business, science and arts | $79,561 | $74,888 |
| Service | $33,148 | $26,804 |
| Sales and office | $50,088 | $40,476 |
| Construction and maintenance | $44,693 | $49,199 |
| Production and transportation | $39,415 | $39,989 |
Education, internet and health coverage
Highest education (adults 25+)
- High school graduate or higher
- 94.4%
- Bachelor's degree or higher
- 54.3%
- Graduate or professional degree
- 20.4%
- Households with broadband
- 92%
- Cable, fiber or DSL
- 80.7%
- No internet access
- 6.3%
- Without health insurance
- 3.7%
- Limited-English households
- 1.9%
Geography
- City (USPS)
- Minneapolis
- State
- Minnesota
- County
- Hennepin County
- Center point
- 45.0213° N, 93.2429° W
- Land area
- 7 sq mi
- Water area
- 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
- Minneapolis76% of zip
- St. Anthony24% of zip
Census places overlapping the zip's area. Mail may use a different city name than the municipality.
Zip codes near 55418
| Zip | City | Distance | IncomeMedian income |
|---|---|---|---|
| 55413 | Minneapolis, MN | 1.6 mi | $85,282 |
| 55421 | Minneapolis, MN | 2.1 mi | $70,772 |
| 55401 | Minneapolis, MN | 2.8 mi | $113,522 |
| 55467 | Minneapolis, MN · PO box | 2.8 mi | — |
| 55473 | Minneapolis, MN · PO box | 3 mi | — |
| 55440 | Minneapolis, MN · PO box | 3 mi | — |
| 55458 | Minneapolis, MN · PO box | 3 mi | — |
| 55459 | Minneapolis, MN · PO box | 3 mi | — |
| 55460 | Minneapolis, MN · PO box | 3 mi | — |
| 55470 | Minneapolis, MN · PO box | 3 mi | — |
| 55472 | Minneapolis, MN · PO box | 3 mi | — |
| 55474 | Minneapolis, MN · PO box | 3 mi | — |
Zip codes like 55418 elsewhere
Questions about 55418
What city is zip code 55418?
55418 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 55418 in?
55418 is in Hennepin County, Minnesota.
What is the population of 55418?
About 31,505 people live in 55418, according to the Census Bureau's American Community Survey.
What time zone is 55418 in?
55418 is in Central Time.
What is the median household income in 55418?
The median household income in 55418 is $99,397.
What zip codes are near 55418?
The closest zip codes to 55418 are 55413, 55421, 55401, 55467, 55473.
Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 55418, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.