55401 ZIP Code – Minneapolis, Minnesota
Located in Minneapolis, Minnesota, ZIP code 55401 is a mid-sized ZIP code within Hennepin County with a population of approximately 11,510 residents. The median household income of $118,188 is well above the Minnesota average and well above the national average. The median home value of $389,600 is well above the national average, with 28.4% owner-occupied housing (decreasing). , with median rent coming in at $1,950 — well above the national figure. Housing consists of 6% single-family (decreasing), 92% apartments (increasing).
The unemployment rate is 1.4%, well below the national average. The poverty rate of 4.8% is well below the U.S. average. An estimated 79.2% of adults hold a bachelor's degree or higher, well above the national average. The median age is 34.9, below the national median. Neighboring ZIP codes include 55402, 55415, 55403.
ZIP Code 55401 Data
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ZIP 55401 vs. Minnesota vs. U.S.
| Metric | ZIP 55401 | MN Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 11k | 6,531 | 10k |
| Median Household Income | $118k | $77k | $73k |
| Median Home Value | $389k | $223k | $258k |
| Median Rent | $1,950 | $954 | $1,088 |
| Median Age | 34.9 | 43.2 | 43.2 |
| Unemployment Rate | 1.4% | 4.0% | 5.0% |
| Poverty Rate | 4.8% | 9.9% | 13.3% |
| Bachelor's Degree or Higher | 79.2% | 26.4% | 26.9% |
Demographics Charts
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Nearby ZIP Codes
- 55402 – Minneapolis
- 55415 – Minneapolis
- 55403 – Minneapolis
- 55413 – Minneapolis
- 55454 – Minneapolis
- 55404 – Minneapolis
- 55411 – Minneapolis
- 55455 – Minneapolis
- 55405 – Minneapolis
- 55414 – Minneapolis
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 55402 | MINNEAPOLIS | 709 | $73,508 |
| 55415 | MINNEAPOLIS | 6,120 | $128,378 |
| 55403 | MINNEAPOLIS | 17,161 | $58,895 |
| 55413 | MINNEAPOLIS | 14,076 | $78,064 |
| 55454 | MINNEAPOLIS | 8,892 | $24,660 |