ZipCodeLook
55418

Zip code 55418: Minneapolis, Minnesota

Residential delivery areaHennepin CountyCentral Time
Population
31,505
Median household income
$99K
U.S. $81K
Median home value
$349K
U.S. $333K
Median rent
$1,425/mo
U.S. $1,413
Median age
37.2
U.S. 38.9
Land area
7 sq mi
4,508 people/sq mi

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

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
37.2
Under 18
20.4%
65 and over
14.6%

Race and ethnicity

  • White74%
  • Black10%
  • Hispanic7%
  • Asian3%
  • Native American0.2%
  • Pacific Islander0.0%
  • Other0.4%
  • Multiracial6%
Diversity index
43.7
U.S. 61.4
Foreign-born
10.3%
U.S. 14.1%
Born in state
62.3%

Language spoken at home (households)

English only
88%
Spanish
4%
Other Indo-European
2%
Asian / Pacific
2%
Other
4%

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

<$25k
11%
$25–50k
13%
$50–75k
14%
$75–100k
13%
$100–150k
21%
$150–200k
12%
$200k+
17%

Median household income

55418
$99,397
Hennepin Co.
$97,653
Minnesota
$89,062
United States
$80,734
Per capita income
$57,144
U.S. $44,673
Poverty rate
6.6%
U.S. 12.5%
Households earning $150K+
28.9%
U.S. 23%
Income inequality (Gini)
0.437
U.S. 0.483

Housing

Median home value

55418
$348,700
Hennepin Co.
$392,900
Minnesota
$329,300
United States
$332,700

Median gross rent

55418
$1,425
Hennepin Co.
$1,487
Minnesota
$1,280
United States
$1,413

Types of housing

Single-family
65%
2–4 units
17%
5–19 units
5%
20+ units
12%
Mobile home
0.7%
Boat, RV, van
0%
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

Drove alone
57%
Carpooled
7%
Transit
3%
Walked
2%
Bicycle
2%
Worked from home
29%
Other
2%

Commute time (one way)

<10 min
7%
10–19
38%
20–29
28%
30–44
20%
45–59
3%
60+
4%
Average commute
22.9 min
U.S. 26.4 min
Unemployment
3.6%
U.S. 5.2%
In labor force
74.4%
U.S. 63.5%

Jobs and careers

What employed residents do, wherever they work

Occupations

Management
14%
Office and admin
9%
Business and finance
8%
Healthcare
8%
Education
8%
Computer and math
7%
Sales
7%
Arts, media and sports
6%
Construction and repair
6%
Legal and social services
6%
Transportation and moving
5%
Engineering and science
5%
Food service
5%
Production
4%
Cleaning and personal care
3%
Police and fire
0.5%
Farming, fishing and forestry
0.2%

Industries

Health care and social assistance
14%
Education
13%
Professional and technical services
11%
Manufacturing
11%
Retail
11%
Finance, insurance and real estate
8%
Restaurants and hotels
5%
Transportation, warehousing and utilities
5%
Other services
5%
Construction
4%
Information
3%
Admin, support and management
2%
Public administration
2%
Wholesale
2%
Arts and recreation
1%
Agriculture and mining
0.2%
Median earnings per worker
$61,811
U.S. $49,666
Self-employed
9.2%
U.S. 10%
Government workers
13.3%
U.S. 14.5%
Nonprofit workers
15.6%
U.S. 8.8%

Median earnings by type of work

Type of work55418U.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+)

No diploma
6%
High school
15%
Some college
16%
Associate's
9%
Bachelor's
34%
Graduate
20%
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
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

ZipCityDistanceIncome
55413Minneapolis1.6 mi$85,282
55421Minneapolis2.1 mi$70,772
55401Minneapolis2.8 mi$113,522
55467Minneapolis · PO box2.8 mi—
55473Minneapolis · PO box3 mi—
55440Minneapolis · PO box3 mi—
55458Minneapolis · PO box3 mi—
55459Minneapolis · PO box3 mi—
55460Minneapolis · PO box3 mi—
55470Minneapolis · PO box3 mi—
55472Minneapolis · PO box3 mi—
55474Minneapolis · PO box3 mi—

Zip codes like 55418 elsewhere

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

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.