ZIP code 55407 demographics
Minneapolis, Minnesota · Hennepin County
Quick answer
ZIP code 55407 has 36,992 residents and a median household income of $78,206 — level with the US median. Within Minneapolis it earns 8% more than the typical covered ZIP in the metro.
- Median household income
- $78,206#375 of 959 covered ZIPs
- Population
- 36,99214,781 households
- Median home value
- $317,000#505 of 955 covered ZIPs
- Median gross rent
- $1,219/moUS median $1,406/mo
- Median age
- 34.3US 39.1
- Owner-occupied
- 60.3%US 65%
- Below poverty line
- 16.9%US 12.5%
- Bachelor's or higher
- 48.5%Adults 25+, US 35%
Reading ZIP 55407
What the numbers say about this ZIP, in plain terms.
Ownership and renting are close to balanced here — 60.3% of occupied homes are owner-occupied against 65% nationally. 48.5% of adults 25 and over hold a bachelor's degree or higher. 16.9% 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.
| ZIP | Median income | Median home value | Population |
|---|---|---|---|
| 55417 | $122,639 | $368,400 | 25,677 |
| 55401 | $115,651 | $401,500 | 11,526 |
| 55409 | $98,056 | $365,500 | 11,405 |
| 55406 | $91,865 | $335,500 | 35,863 |
| 55408 | $72,421 | $387,500 | 32,534 |
| 55412 | $71,905 | $226,400 | 26,182 |
| 55405 | $70,425 | $450,200 | 16,915 |
| 55403 | $59,928 | $285,200 | 17,354 |
| 55411 | $53,368 | $233,500 | 29,719 |
| 55414 | $47,004 | $454,200 | 33,739 |
| 55404 | $43,932 | $294,200 | 28,071 |
Adjacent ZIP Codes
Nearby ZIP codes in Minneapolis, MN.
Related data
The same ZIP and its metro, from other angles.
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.