ZipCodeLook
55420

Zip code 55420: Minneapolis, Minnesota

Residential delivery areaHennepin CountyCentral Time
Population
24,451
Median household income
$82K
U.S. $81K
Median home value
$328K
U.S. $333K
Median rent
$1,283/mo
U.S. $1,413
Median age
38.5
U.S. 38.9
Land area
6.7 sq mi
3,672 people/sq mi

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

About 55420

55420 is an urban zip code in Minneapolis, Minnesota (Hennepin County), covering 6.7 sq mi of land. About 24,451 people live here, or 3,672 per square mile. The median resident is 38.5 years old, compared with 38.9 nationally.

The median household earns $82,170 a year, close to the national median of $80,734. 17.8% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $328,400, or 4.0 years of median household income (U.S.: 4.1 years), which makes homes about as affordable as the national average for local earners. 67% of occupied homes are lived in by their owners, and renters pay a median of $1,283 a month.

33% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 21.8 minutes each way, and 20% of workers work from home. The most common jobs among working residents are in office and administrative support; management; and transportation and moving goods. 23% of households speak a language other than English at home, most often Spanish.

How 55420 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
38.5
Under 18
24%
65 and over
16.3%

Race and ethnicity

  • White48%
  • Black19%
  • Hispanic18%
  • Asian5%
  • Native American0.4%
  • Pacific Islander0%
  • Other3%
  • Multiracial6%
Diversity index
69.3
U.S. 61.4
Foreign-born
20.9%
U.S. 14.1%
Born in state
60.3%

Language spoken at home (households)

English only
78%
Spanish
10%
Other Indo-European
1%
Asian / Pacific
4%
Other
7%

Households

Households
9,257
Average household size
2.6
Family households
63.1%
Married couples
43.8%
Living alone
29.4%
Veterans (of adults)
5.6%
Male / female
51% / 49%

Income and poverty

Household income distribution

<$25k
12%
$25–50k
18%
$50–75k
15%
$75–100k
14%
$100–150k
18%
$150–200k
12%
$200k+
10%

Median household income

55420
$82,170
Hennepin Co.
$97,653
Minnesota
$89,062
United States
$80,734
Per capita income
$42,049
U.S. $44,673
Poverty rate
17.8%
U.S. 12.5%
Households earning $150K+
22%
U.S. 23%
Income inequality (Gini)
0.451
U.S. 0.483

Housing

Median home value

55420
$328,400
Hennepin Co.
$392,900
Minnesota
$329,300
United States
$332,700

Median gross rent

55420
$1,283
Hennepin Co.
$1,487
Minnesota
$1,280
United States
$1,413

Types of housing

Single-family
67%
2–4 units
3%
5–19 units
9%
20+ units
20%
Mobile home
0.5%
Boat, RV, van
0%
Housing units
9,695
Owner-occupied
67%
Vacant
4.5%
Median year built
1960
Median rooms
5.9
Renters paying 30%+ of income
51.3%
Renters paying 50%+ of income
27.2%
Home value to income
4.0× (U.S. 4.1×)

Work and commute

How people get to work

Drove alone
58%
Carpooled
8%
Transit
11%
Walked
1%
Bicycle
0.7%
Worked from home
20%
Other
1%

Commute time (one way)

<10 min
14%
10–19
37%
20–29
23%
30–44
14%
45–59
8%
60+
3%
Average commute
21.8 min
U.S. 26.4 min
Unemployment
6%
U.S. 5.2%
In labor force
69.5%
U.S. 63.5%

Jobs and careers

What employed residents do, wherever they work

Occupations

Office and admin
11%
Management
10%
Transportation and moving
10%
Healthcare
9%
Sales
9%
Food service
7%
Production
7%
Computer and math
6%
Cleaning and personal care
6%
Business and finance
5%
Construction and repair
5%
Engineering and science
4%
Education
3%
Arts, media and sports
3%
Police and fire
2%
Legal and social services
2%
Farming, fishing and forestry
0%

Industries

Manufacturing
14%
Retail
13%
Health care and social assistance
13%
Restaurants and hotels
10%
Education
9%
Professional and technical services
7%
Finance, insurance and real estate
7%
Transportation, warehousing and utilities
6%
Other services
5%
Admin, support and management
4%
Construction
4%
Public administration
2%
Information
2%
Arts and recreation
2%
Wholesale
1%
Agriculture and mining
0.1%
Median earnings per worker
$49,251
U.S. $49,666
Self-employed
7.4%
U.S. 10%
Government workers
9.3%
U.S. 14.5%
Nonprofit workers
11.9%
U.S. 8.8%

Median earnings by type of work

Type of work55420U.S.
Management, business, science and arts$71,527$74,888
Service$27,399$26,804
Sales and office$37,135$40,476
Construction and maintenance$72,961$49,199
Production and transportation$35,500$39,989

Education, internet and health coverage

Highest education (adults 25+)

No diploma
13%
High school
26%
Some college
19%
Associate's
9%
Bachelor's
25%
Graduate
8%
High school graduate or higher
86.9%
Bachelor's degree or higher
33%
Graduate or professional degree
8.4%
Households with broadband
90.6%
Cable, fiber or DSL
77.1%
No internet access
6%
Without health insurance
7.1%
Limited-English households
3.6%

Geography

City (USPS)
Minneapolis
Center point
44.8360° N, 93.2772° W
Land area
6.7 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

  • Bloomington100% of zip

Census places overlapping the zip's area. Mail may use a different city name than the municipality.

Zip codes near 55420

ZipCityDistanceIncome
55431Minneapolis1.9 mi$101,484
55425Minneapolis2.7 mi$76,274
55423Minneapolis2.9 mi$85,182
55437Minneapolis3.3 mi$95,718
55450Minneapolis3.4 mi—
55435Minneapolis3.9 mi$79,884
55337Burnsville4 mi$84,110
55122Saint Paul4.7 mi$96,823
55419Minneapolis4.9 mi$148,350
55417Minneapolis5.3 mi$126,261
55438Minneapolis5.4 mi$106,432
55439Minneapolis5.4 mi$168,693

Zip codes like 55420 elsewhere

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

Questions about 55420

What city is zip code 55420?

55420 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 55420 in?

55420 is in Hennepin County, Minnesota.

What is the population of 55420?

About 24,451 people live in 55420, according to the Census Bureau's American Community Survey.

What time zone is 55420 in?

55420 is in Central Time.

What is the median household income in 55420?

The median household income in 55420 is $82,170.

What zip codes are near 55420?

The closest zip codes to 55420 are 55431, 55425, 55423, 55437, 55450.

Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 55420, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.