
Hennepin County · Minnesota
ZIP code 55409
- Population
- 11,405
- Median income
- $98,056
- Median home
- $365,500
- Sales tax
- 9.025%
ZCTA residents
Household, past 12 months
Owner-occupied value
Combined state + local
Quick answer
ZIP 55409 sits in Hennepin County, Minnesota and is home to 11,405 people. Median household income is $98,056, the median home is worth $365,500 and median gross rent is $1,364. 68.4% of households own their home, and purchases are taxed at 9.025% combined.
- County
- Hennepin County
- State
- Minnesota (MN)
- Area codes
- 218, 612, 651, 763, 952
FIPS 27053
880 ZIPs covered
NANPA codes serving this area
The numbers for 55409
American Community Survey 2019-2023 ACS 5-year estimates for this ZCTA.
- Population
- 11,405ZIP 55409 residents
- Median household income
- $98,056Past 12 months, inflation adjusted
- Median home value
- $365,500Owner-occupied units
- Median gross rent
- $1,364Rent plus utilities, monthly
- Median age
- 36.5 yrsAll residents
- Homeownership rate
- 68.4%Owner-occupied households
ZIP 55409 in context
How this area compares with national benchmarks.
ZIP 55409 is a mid-size town in Hennepin County, Minnesota, with 11,405 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #155 of 880 ranked by population — larger than 82% of them. The median age here is 36.5 years against 39.1 nationally, a slightly younger profile than the country as a whole. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.
Households in ZIP 55409 earn a median of $98,056 a year, 24.9% above the national figure of $78,538. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 7.2% of residents here, below the 12.4% national rate.
The typical owner-occupied home in ZIP 55409 is valued at $365,500, 20.5% above the national figure, while median gross rent runs $1,364 a month, 3% below the national figure, or roughly $16,368 across a full year. A household on the local median income would put about 16.7% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 3.7×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 68.4% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.
Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.
Reading ZIP 55409 in context
How 55409 sits inside Hennepin County and Minnesota.
ZIP 55409 is tabulated inside Hennepin County, Minnesota, one of 67 ZIP areas the Census publishes for that county and 880 across Minnesota. This is a mid-sized suburban ZIP inside a county that is split across many delivery areas. County assignment on this page follows the largest share of the ZIP's land area, which matters where a delivery route crosses a county line: mail addressed to 55409 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.
Against its own county, 55409 reports a median household income of $98,056, 5% below the $103,176 county median, and 30% above the $75,417 typical MN ZIP. Owner-occupied homes are valued at a median of $365,500, 6% below the county figure and 65% above the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at $1,364 a month, which is why it reads higher than the advertised rent on a listing for the same unit.
A taxable purchase made inside 55409 carries 9.025% at the register, assembled from the Minneapolis jurisdiction stack: the Minnesota state rate plus every county, municipal and special district levy that reaches this address. Because those district boundaries were drawn for schools, transit and hospital funding rather than for mail delivery, two addresses inside 55409 can legitimately fall under different totals — the rate shown here is the one that applies to the dominant jurisdiction.
Everything above comes from the Census Bureau American Community Survey 2019-2023 ACS 5-year estimates for this ZIP Code Tabulation Area, with sales tax rates traced to the state revenue agency. Five-year estimates pool sixty months of responses, so they are stable enough to compare 55409 with its neighbours but always trail the current year, and any value the Census suppressed for sample size is shown as unpublished rather than filled in with a model.
Sales tax in 55409
What a purchase inside this ZIP costs at checkout.
This ZIP falls inside the Minneapolis rate area, so state, county, city and district levies are published here as a full stack.
Affordability in this ZIP
Derived from the Census medians above — indicative, not an offer.
A rent burden above 30% is the federal threshold for cost-burdened households, and a price-to-income multiple above 4× is generally considered a stretched housing market. The mortgage figure is principal and interest only — taxes, insurance and HOA dues are extra.
How 55409 compares
ZIP 55409 against the median ZIP in Hennepin County and across Minnesota.
| Measure | ZIP 55409 | County median | State median | vs state |
|---|---|---|---|---|
| Median household income | $98,056 | $103,176 | $75,417 | +30% |
| Median home value | $365,500 | $387,500 | $221,650 | +65% |
| Median gross rent | $1,364 | $1,444 | $925 | +47% |
| Population | 11,405 | 18,602 | 1,800 | +534% |
Medians are computed across the 67 ZIP areas in Hennepin County and the 880 ZIP areas in Minnesota.
Statewide rank
Where this ZIP places among all 880 Minnesota ZIP areas.
- Income
- #147
- Home value
- #95
- Population
- #155
richer than 83% of 862 state ZIPs
above 89% of 856 state ZIPs
larger than 82% of 880 state ZIPs
Comparable ZIP codes
Minnesota ZIP areas with almost the same household income.
Nearby ZIP codes
Other ZIP codes filed under Hennepin County.
Adjacent ZIP Codes
Other ZIP codes in Hennepin County, Minnesota.
ZIP 55409 questions
Common questions about this ZIP code.
- Where is ZIP code 55409?
- ZIP 55409 lies mostly in Hennepin County, Minnesota. County assignment follows the largest share of land area, so a ZIP straddling a county line is filed under its dominant county.
- What sales tax do I pay in 55409?
- Purchases are taxed at 9.025% combined, built from the Minneapolis jurisdiction stack.
- Is 55409 expensive to live in?
- Median rent runs $1,364 a month, about 17% of median household income, and the median home is worth $365,500 — +65% against the typical Minnesota ZIP.
- Is a ZCTA the same as a postal ZIP code?
- Not exactly. The Census builds ZIP Code Tabulation Areas from the ZIP codes of addresses inside each census block, so a ZCTA can differ slightly from the USPS delivery route of the same number, and PO-box-only ZIPs have no ZCTA at all.
Keep going
Related pages for this area.
Sources & transparency
- US Census Bureau, ACS 2019-2023 5-year estimates — 2019-2023 ACS 5-year — population, income, housing
- Census 2020 ZCTA-to-county relationship file — County assignment by largest land-area overlap
- Minnesota Department of Revenue — Sales tax rates and local add-ons
Last reviewed December 2024. Figures are published for reference and can change; verify with the source agency before filing or contracting. How we build and check this data.