55419 Zip Code

April 20, 2024

Zip Code:	55419
City/Town:	Minneapolis
State:	Minnesota

Population:	26,406
Per Capita Income:	$42,203
Mean Household Income:	$98,315

Total Housing Units:	10,831
Median Home Value:	$160,800
Median Year Homes Built:	1946

Land Area:	4.2 sq miles 10.9 sq kilometers
Water Area:	0.1 sq miles 0.3 sq kilometers

Population Information (55419 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

26,406

Male:

12,653

47.9%

49.2%

Female:

13,753

52.1%

50.8%

Median Age:

38.2 yrs

37.2 yrs

Under 5 years:

2,038

7.7%

6.5%

5 to 9 years:

1,870

5.1%

6.6%

10 to 19 years:

2,989

11.3%

13.8%

20 to 29 years:

2,935

11.1%

13.8%

30 to 39 years:

4,166

15.8%

13.0%

40 to 49 years:

4,339

16.4%

14.2%

50 to 59 years:

3,911

14.8%

13.6%

60 to 69 years:

2,380

9.0%

9.4%

70 to 79 years:

896

3.4%

5.4%

80 years and over:

882

3.3%

3.7%

Housing Information (55419 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$160,800

$119,600

Median year homes build:

1946

1971

Median real estate taxes:

$2,277 / yr.

$1,334 / yr.

Median rent:

$642 / mo.

$519 / mo.

Total households:

10,831

Family households:

6,692

61.8%

66.4%

Nonfamily households:

4,139

38.2%

33.6%

Households with individuals under 18 years:

3,576

33.0%

33.4%

Households with individuals 65 years and over:

1,825

16.8%

24.9%

Average household size:

2.4

Average family size:

3.0

Total housing units:

11,202

Occupied housing units:

10,831

96.7%

88.6%

Vacant housing units:

371

3.3%

11.4%

For rent:

0.8%

3.1%

Rented, not occupied:

0.2%

For sale only:

0.9%

1.4%

Sold, not occupied:

0.3%

For seasonal, recreational, or occasional use:

0.2%

3.5%

All other vacants:

102

0.9%

2.8%

Homeowner vacancy rate:

1.1%

2.4%

Rental vacancy rate:

3.5%

9.2%

Owner-occupied housing units:

8,262

Population in owner-occupied housing units:

20,374

Average household size of owner-occupied units:

2.5

2.65

Renter-occupied housing units:

2,569

Population in renter-occupied housing units:

5,672

Average household size of renter-occupied units:

2.2

2.44

Educational Attainment (55419 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

12,537

Less than 9th grade:

223

1.8%

6.2%

9th to 12th grade, no diploma:

412

3.3%

8.7%

High school graduate (includes equivalency):

1,617

12.9%

29.0%

Some college, no degree:

2,372

18.9%

20.6%

Associate degree:

743

5.9%

7.5%

Bachelor's degree:

4,620

36.9%

17.6%

Graduate or professional degree:

2,550

20.3%

10.3%

Percent high school graduate or higher:

94.9%

85.0%

Percent bachelor's degree or higher:

57.2%

27.9%

Income Information (55419 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:

6,399

24.2%

50.4%

Median income:

$41,099 / yr.

$27,932 / yr.

Full-time, year-round workers:

3,963

15.0%

59.7%

Median income:

$51,289 / yr.

$38,349 / yr.

Females 15 years and over with income:

7,031

26.6%

49.6%

Median income:

$28,164 / yr.

$16,327 / yr.

Full-time, year-round workers:

3,066

11.6%

40.3%

Median income:

$42,337 / yr.

$28,135 / yr.

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