Zip code 55424: Minneapolis, Minnesota

Q: What city is zip code 55424?

55424 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 55424 in?

55424 is in Hennepin County, Minnesota.

Q: What is the population of 55424?

About 10,289 people live in 55424, according to the Census Bureau's American Community Survey.

Q: What is the median household income in 55424?

The median household income in 55424 is $250,000+.

Q: What zip codes are near 55424?

The closest zip codes to 55424 are 55410, 55436, 55435, 55439, 55419.

Residential delivery areaHennepin CountyCentral Time

Population

10,289

Median household income

$250K+

U.S. $81K

Median home value

$993K

U.S. $333K

Median rent

$2,048/mo

U.S. $1,413

Median age

43.1

U.S. 38.9

Land area

2.4 sq mi

4,268 people/sq mi

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

About 55424

55424 is an urban zip code in Minneapolis, Minnesota (Hennepin County), covering 2.4 sq mi of land. About 10,289 people live here, or 4,268 per square mile. The median resident is 43.1 years old, compared with 38.9 nationally.

The median household income is $250,000+ a year, the Census Bureau's reporting limit (U.S.: $80,734). 1.6% of residents live below the poverty line (U.S.: 12.5%). The median home value is $992,600. 92% of occupied homes are lived in by their owners, and renters pay a median of $2,048 a month.

86% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 18.2 minutes each way, and 30% of workers work from home. The most common jobs among working residents are in management, sales and healthcare. 16% of them are self-employed (U.S.: 10%).

How 55424 compares

Sorted from highest to lowest national percentile

Median household income$250,000+
99th
StrengthU.S. $80,734 · MN $89,0621st of 846 in MN
Per capita income$124,809
99th
StrengthU.S. $44,673 · MN $48,2372nd of 853 in MN
Bachelor's degree or higher85.6%
99th
StrengthU.S. 35.7% · MN 39.4%1st of 854 in MN
Median earnings per worker$120,612
99th
StrengthU.S. $49,666 · MN $54,3891st of 851 in MN
Homeownership rate91.5%
97th
StrengthU.S. 65.2% · MN 72.2%147th of 851 in MN
Broadband access98%
97th
StrengthU.S. 91% · MN 91.6%13th of 851 in MN
Median home value$992,600
95th
U.S. $332,700 · MN $329,3001st of 842 in MN
Work from home29.5%
94th
U.S. 15.1% · MN 17.6%25th of 852 in MN
Residents under 1829.4%
94th
U.S. 22% · MN 22.9%85th of 854 in MN
Self-employed workers15.7%
92nd
U.S. 10% · MN 9.3%231st of 852 in MN
Median gross rent$2,048
85th
U.S. $1,413 · MN $1,2807th of 757 in MN
Healthcare workers11.7%
79th
U.S. 9.7% · MN 10.9%287th of 852 in MN
Median age43.1
78th
U.S. 38.9 · MN 38.8379th of 854 in MN
Income inequality (Gini)0.474
78th
U.S. 0.483 · MN 0.45378th of 848 in MN
Population density4,268/sq mi
77th
U.S. 95/sq mi · MN 72/sq mi39th of 854 in MN
Tech workers3.1%
54th
U.S. 3.8% · MN 4%202nd of 852 in MN
Housing vacancy5.3%
36th
U.S. 10.1% · MN 9.3%645th of 851 in MN
Foreign-born residents5.9%
33rd
U.S. 14.1% · MN 8.7%180th of 854 in MN
Government workers11.4%
30th
U.S. 14.5% · MN 12.9%556th of 852 in MN
Residents 65 and older13.9%
29th
U.S. 17.2% · MN 17.3%734th of 854 in MN
Diversity index27.9
21st
U.S. 61.4 · MN 41.1257th of 854 in MN
Veterans3.5%
20th
U.S. 6.2% · MN 5.9%797th of 854 in MN
Unemployment rate3.1%
18th
StrengthU.S. 5.2% · MN 4.1%448th of 853 in MN
Rent-burdened renters41.2%
18th
StrengthU.S. 51.1% · MN 48.1%439th of 828 in MN
Population10,289
16th
U.S. 334,922,499 · MN 5,739,445165th of 854 in MN
Average commute18.2 min
6th
StrengthU.S. 26.4 min · MN 22.7 min739th of 849 in MN
Poverty rate1.6%
1st
StrengthU.S. 12.5% · MN 9.3%842nd of 852 in MN
Uninsured rate1%
1st
StrengthU.S. 8.4% · MN 4.7%817th of 853 in MN

Measure	55424	Hennepin	MN	U.S.	National percentile	Rank in MN
Median household incomeStrength	$250,000+	$97,653	$89,062	$80,734	99th	1st of 846
Per capita incomeStrength	$124,809	$59,401	$48,237	$44,673	99th	2nd of 853
Bachelor's degree or higherStrength	85.6%	54.1%	39.4%	35.7%	99th	1st of 854
Median earnings per workerStrength	$120,612	$61,640	$54,389	$49,666	99th	1st of 851
Homeownership rateStrength	91.5%	62.7%	72.2%	65.2%	97th	147th of 851
Broadband accessStrength	98%	92.8%	91.6%	91%	97th	13th of 851
Median home value	$992,600	$392,900	$329,300	$332,700	95th	1st of 842
Work from home	29.5%	25.2%	17.6%	15.1%	94th	25th of 852
Residents under 18	29.4%	21.6%	22.9%	22%	94th	85th of 854
Self-employed workers	15.7%	9.1%	9.3%	10%	92nd	231st of 852
Median gross rent	$2,048	$1,487	$1,280	$1,413	85th	7th of 757
Healthcare workers	11.7%	9.8%	10.9%	9.7%	79th	287th of 852
Median age	43.1	37.6	38.8	38.9	78th	379th of 854
Income inequality (Gini)	0.474	0.482	0.453	0.483	78th	78th of 848
Population density	4,268/sq mi	2,291/sq mi	72/sq mi	95/sq mi	77th	39th of 854
Tech workers	3.1%	6.1%	4%	3.8%	54th	202nd of 852
Housing vacancy	5.3%	5.6%	9.3%	10.1%	36th	645th of 851
Foreign-born residents	5.9%	13.6%	8.7%	14.1%	33rd	180th of 854
Government workers	11.4%	11.5%	12.9%	14.5%	30th	556th of 852
Residents 65 and older	13.9%	15.6%	17.3%	17.2%	29th	734th of 854
Diversity index	27.9	54.4	41.1	61.4	21st	257th of 854
Veterans	3.5%	4.5%	5.9%	6.2%	20th	797th of 854
Unemployment rateStrength	3.1%	4.5%	4.1%	5.2%	18th	448th of 853
Rent-burdened rentersStrength	41.2%	47.6%	48.1%	51.1%	18th	439th of 828
Population	10,289	1,269,496	5,739,445	334,922,499	16th	165th of 854
Average commuteStrength	18.2 min	21.9 min	22.7 min	26.4 min	6th	739th of 849
Poverty rateStrength	1.6%	10%	9.3%	12.5%	1st	842nd of 852
Uninsured rateStrength	1%	4.5%	4.7%	8.4%	1st	817th of 853

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

22%

5–17

18–24

25–34

14%

35–44

14%

45–54

18%

55–64

65–74

75+

Median age

43.1

Under 18

29.4%

65 and over

13.9%

Race and ethnicity

White84%
Black0.8%
Hispanic2%
Asian4%
Native American0.2%
Pacific Islander0.1%
Other0.4%
Multiracial8%

Diversity index

27.9

U.S. 61.4

Foreign-born

5.9%

U.S. 14.1%

Born in state

60.2%

Language spoken at home (households)

English only

90%

Spanish

Other Indo-European

Asian / Pacific

Other

0.8%

Households

Households: 3,667
Average household size: 2.8
Family households: 83.1%
Married couples: 75.4%
Living alone: 14.7%
Veterans (of adults): 3.5%
Male / female: 50% / 50%

Income and poverty

Household income distribution

<$25k

$25–50k

$50–75k

$75–100k

$100–150k

$150–200k

12%

$200k+

59%

Median household income

55424

$250,000+

Hennepin Co.

$97,653

Minnesota

$89,062

United States

$80,734

Per capita income

$124,809

U.S. $44,673

Poverty rate

1.6%

U.S. 12.5%

Households earning $150K+

70.6%

U.S. 23%

Income inequality (Gini)

0.474

U.S. 0.483

Housing

Median home value

55424

$992,600

Hennepin Co.

$392,900

Minnesota

$329,300

United States

$332,700

Median gross rent

55424

$2,048

Hennepin Co.

$1,487

Minnesota

$1,280

United States

$1,413

Types of housing

Single-family

91%

2–4 units

5–19 units

20+ units

Mobile home

Boat, RV, van

Housing units: 3,873
Owner-occupied: 91.5%
Vacant: 5.3%
Median year built: 1952
Median rooms: 9 or more
Renters paying 30%+ of income: 41.2%
Renters paying 50%+ of income: 16.8%
Home value to income: 4.0× (U.S. 4.1×)

Work and commute

How people get to work

Drove alone

66%

Carpooled

Transit

0.1%

Walked

Bicycle

0.6%

Worked from home

29%

Other

0.4%

Commute time (one way)

<10 min

16%

10–19

35%

20–29

36%

30–44

13%

45–59

0.1%

60+

Average commute

18.2 min

U.S. 26.4 min

Unemployment

3.1%

U.S. 5.2%

In labor force

71.3%

U.S. 63.5%

Jobs and careers

What employed residents do, wherever they work

Occupations

Management

20%

Sales

14%

Healthcare

12%

Business and finance

11%

Education

Legal and social services

Engineering and science

Office and admin

Arts, media and sports

Cleaning and personal care

Computer and math

Transportation and moving

Construction and repair

Food service

Production

Police and fire

0.6%

Farming, fishing and forestry

Industries

Professional and technical services

24%

Education

13%

Finance, insurance and real estate

13%

Health care and social assistance

12%

Manufacturing

Retail

Construction

Admin, support and management

Wholesale

Transportation, warehousing and utilities

Other services

Public administration

Information

Restaurants and hotels

Arts and recreation

Agriculture and mining

0.3%

Median earnings per worker

$120,612

U.S. $49,666

Self-employed

15.7%

U.S. 10%

Government workers

11.4%

U.S. 14.5%

Nonprofit workers

10.4%

U.S. 8.8%

Median earnings by type of work

Type of work	55424	U.S.
Management, business, science and arts	$141,767	$74,888
Service	$36,375	$26,804
Sales and office	$123,750	$40,476
Construction and maintenance	$100,568	$49,199
Production and transportation	$37,750	$39,989

Education, internet and health coverage

Highest education (adults 25+)

No diploma

0.6%

High school

Some college

Associate's

Bachelor's

45%

Graduate

40%

High school graduate or higher: 99.4%
Bachelor's degree or higher: 85.6%
Graduate or professional degree: 40.3%
Households with broadband: 98%
Cable, fiber or DSL: 90.7%
No internet access: 1.2%
Without health insurance: 1%
Limited-English households: 0%

Geography

City (USPS): Minneapolis
State: Minnesota
County: Hennepin County
Center point: 44.9050° N, 93.3449° W
Land area: 2.4 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

Edina95% of zip
St. Louis Park5% of zip

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

Zip codes near 55424

Search by radius

Zip	City	Distance	Population	IncomeMedian income	Home value
55410	Minneapolis, MN	1.5 mi	20,422	$146,425	$620,600
55436	Minneapolis, MN	1.5 mi	14,462	$144,129	$643,400
55435	Minneapolis, MN	2.2 mi	14,192	$79,884	$361,300
55439	Minneapolis, MN	2.6 mi	9,459	$168,693	$649,800
55419	Minneapolis, MN	2.8 mi	29,738	$148,350	$495,000
55416	Minneapolis, MN	3.1 mi	35,015	$105,958	$461,500
55343	Hopkins, MN	3.6 mi	27,102	$83,143	$381,500
55409	Minneapolis, MN	3.6 mi	11,188	$98,305	$378,600
55408	Minneapolis, MN	3.7 mi	31,507	$70,326	$396,100
55423	Minneapolis, MN	3.7 mi	36,724	$85,182	$343,900
55426	Minneapolis, MN	4 mi	25,251	$99,347	$364,600
55407	Minneapolis, MN	4.9 mi	37,667	$78,464	$335,400

Zip codes like 55424 elsewhere

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

Questions about 55424

What city is zip code 55424?

55424 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 55424 in?

55424 is in Hennepin County, Minnesota.

What is the population of 55424?

About 10,289 people live in 55424, according to the Census Bureau's American Community Survey.

What time zone is 55424 in?

55424 is in Central Time.

What is the median household income in 55424?

The median household income in 55424 is $250,000+.

What zip codes are near 55424?

The closest zip codes to 55424 are 55410, 55436, 55435, 55439, 55419.

Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 55424, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.