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ZIP code 55403 demographics

Minneapolis, Minnesota · Hennepin County

Quick answer

ZIP code 55403 has 17,354 residents and a median household income of $59,928 — 24% below the US median. Within Minneapolis it earns 17% less than the typical covered ZIP in the metro.

Median household income
$59,928#619 of 959 covered ZIPs
Population
17,35411,532 households
Median home value
$285,200#589 of 955 covered ZIPs
Median gross rent
$1,199/moUS median $1,406/mo
Median age
34.3US 39.1
Owner-occupied
25.1%US 65%
Below poverty line
15.4%US 12.5%
Bachelor's or higher
59.3%Adults 25+, US 35%

Reading ZIP 55403

What the numbers say about this ZIP, in plain terms.

This is a renter-majority ZIP 25.1% of occupied homes are owner-occupied against 65% nationally. 59.3% of adults 25 and over hold a bachelor's degree or higher. 15.4% of residents live below the federal poverty line. Sales tax charged on a purchase delivered to this ZIP is 9.025%.

Nearby ZIP codes

Other covered ZIPs in Minneapolis, highest median income first.

ZIPMedian incomeMedian home valuePopulation
55417$122,639$368,40025,677
55401$115,651$401,50011,526
55409$98,056$365,50011,405
55406$91,865$335,50035,863
55407$78,206$317,00036,992
55408$72,421$387,50032,534
55412$71,905$226,40026,182
55405$70,425$450,20016,915
55411$53,368$233,50029,719
55414$47,004$454,20033,739
55404$43,932$294,20028,071

The same ZIP and its metro, from other angles.

Source: US Census Bureau, American Community Survey 5-year estimates

Tables B01003, B19013, B25077, B25064, B01002, B25003, B17001 and B15003, 2019-2023 ACS 5-year (ZCTA). ZIP Code Tabulation Areas approximate USPS delivery areas and do not match them exactly.