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

Population 11,510
Median Household Income $118,188
Median Home Value $389,600
Median Rent $1,950
Median Age 34.9
Unemployment Rate 1.4%
Poverty Rate 4.8%
Bachelor's Degree or Higher 79.2%
State Minnesota

ZIP 55401 vs. Minnesota vs. U.S.

MetricZIP 55401MN Avg.U.S. Avg.
Population11k6,53110k
Median Household Income$118k$77k$73k
Median Home Value$389k$223k$258k
Median Rent$1,950$954$1,088
Median Age34.943.243.2
Unemployment Rate1.4%4.0%5.0%
Poverty Rate4.8%9.9%13.3%
Bachelor's Degree or Higher79.2%26.4%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

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