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ZIP code 55406 demographics

Minneapolis, Minnesota · Hennepin County

Quick answer

ZIP code 55406 has 35,863 residents and a median household income of $91,865 — 17% above the US median. Within Minneapolis it earns 27% more than the typical covered ZIP in the metro.

Median household income
$91,865#249 of 959 covered ZIPs
Population
35,86316,653 households
Median home value
$335,500#472 of 955 covered ZIPs
Median gross rent
$1,276/moUS median $1,406/mo
Median age
39.7US 39.1
Owner-occupied
66.8%US 65%
Below poverty line
8.2%US 12.5%
Bachelor's or higher
56%Adults 25+, US 35%

Reading ZIP 55406

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

This is an ownership-heavy ZIP 66.8% of occupied homes are owner-occupied against 65% nationally. 56% of adults 25 and over hold a bachelor's degree or higher. 8.2% 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
55407$78,206$317,00036,992
55408$72,421$387,50032,534
55412$71,905$226,40026,182
55405$70,425$450,20016,915
55403$59,928$285,20017,354
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.