55411 Zip Code

April 19, 2024

Zip Code:	55411
City/Town:	Minneapolis
State:	Minnesota

Population:	27,428
Per Capita Income:	$13,795
Mean Household Income:	$45,408

Total Housing Units:	8,505
Median Home Value:	$78,000
Median Year Homes Built:	1942

Land Area:	4.1 sq miles 10.6 sq kilometers
Water Area:	0.1 sq miles 0.2 sq kilometers

Population Information (55411 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

27,428

Male:

13,236

48.3%

49.2%

Female:

14,192

51.7%

50.8%

Median Age:

26.0 yrs

37.2 yrs

Under 5 years:

2,855

10.4%

6.5%

5 to 9 years:

2,759

10.3%

6.6%

10 to 19 years:

5,448

19.9%

13.8%

20 to 29 years:

4,278

15.6%

13.8%

30 to 39 years:

3,716

13.5%

13.0%

40 to 49 years:

3,126

11.4%

14.2%

50 to 59 years:

2,708

9.9%

13.6%

60 to 69 years:

1,546

5.6%

9.4%

70 to 79 years:

671

2.4%

5.4%

80 years and over:

321

1.2%

3.7%

Housing Information (55411 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$78,000

$119,600

Median year homes build:

1942

1971

Median real estate taxes:

$768 / yr.

$1,334 / yr.

Median rent:

$500 / mo.

$519 / mo.

Total households:

8,505

Family households:

5,605

65.9%

66.4%

Nonfamily households:

2,900

34.1%

33.6%

Households with individuals under 18 years:

3,989

46.9%

33.4%

Households with individuals 65 years and over:

1,321

15.5%

24.9%

Average household size:

3.2

Average family size:

3.9

Total housing units:

10,002

Occupied housing units:

8,505

85.0%

88.6%

Vacant housing units:

1,497

15.0%

11.4%

For rent:

520

5.2%

3.1%

Rented, not occupied:

0.3%

0.2%

For sale only:

199

2.0%

1.4%

Sold, not occupied:

0.7%

0.3%

For seasonal, recreational, or occasional use:

0.2%

3.5%

All other vacants:

654

6.5%

2.8%

Homeowner vacancy rate:

4.9%

2.4%

Rental vacancy rate:

9.8%

9.2%

Owner-occupied housing units:

3,749

Population in owner-occupied housing units:

11,663

Average household size of owner-occupied units:

3.1

2.65

Renter-occupied housing units:

4,756

Population in renter-occupied housing units:

15,411

Average household size of renter-occupied units:

3.2

2.44

Educational Attainment (55411 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

14,761

Less than 9th grade:

1,504

10.2%

6.2%

9th to 12th grade, no diploma:

2,853

19.3%

8.7%

High school graduate (includes equivalency):

4,422

30.0%

29.0%

Some college, no degree:

3,261

22.1%

20.6%

Associate degree:

808

5.5%

7.5%

Bachelor's degree:

1,332

9.0%

17.6%

Graduate or professional degree:

581

3.9%

10.3%

Percent high school graduate or higher:

70.5%

85.0%

Percent bachelor's degree or higher:

13.0%

27.9%

Income Information (55411 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

7,922

28.9%

50.4%

Median income:

$18,698 / yr.

$27,932 / yr.

Full-time, year-round workers:

3,197

11.7%

59.7%

Median income:

$28,484 / yr.

$38,349 / yr.

Females 15 years and over with income:

9,148

33.4%

49.6%

Median income:

$14,477 / yr.

$16,327 / yr.

Full-time, year-round workers:

3,087

11.3%

40.3%

Median income:

$26,396 / yr.

$28,135 / yr.

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