55404 ZIP Code – Minneapolis, Minnesota

ZIP code 55404 is a large ZIP code located in Minneapolis, Minnesota, within Hennepin County with a population of approximately 28,172 residents. The median household income is $40,817 — well below the Minnesota average and well below the national average. Median home values of $272,100 are near the national average, with 17.5% owner-occupied housing (increasing). , with median rent coming in at $1,022 — near the national figure. Housing consists of 16% single-family (increasing), 72% apartments (decreasing), 11% duplex/multi-family.

The unemployment rate is 8.9%, well above the national average. The poverty rate is 30.9%, well above the national average. An estimated 34.6% of adults hold a bachelor's degree or higher, above the national average. At 31.8, the median age is below the national figure. The surrounding area includes ZIP codes 55415, 55454, 55402.

ZIP Code 55404 Data

Population 28,172
Median Household Income $40,817
Median Home Value $272,100
Median Rent $1,022
Median Age 31.8
Unemployment Rate 8.9%
Poverty Rate 30.9%
Bachelor's Degree or Higher 34.6%
State Minnesota

ZIP 55404 vs. Minnesota vs. U.S.

MetricZIP 55404MN Avg.U.S. Avg.
Population28k6,53110k
Median Household Income$40k$77k$73k
Median Home Value$272k$223k$258k
Median Rent$1,022$954$1,088
Median Age31.843.243.2
Unemployment Rate8.9%4.0%5.0%
Poverty Rate30.9%9.9%13.3%
Bachelor's Degree or Higher34.6%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
55415 MINNEAPOLIS 6,120 $128,378
55454 MINNEAPOLIS 8,892 $24,660
55402 MINNEAPOLIS 709 $73,508
55403 MINNEAPOLIS 17,161 $58,895
55455 MINNEAPOLIS 4,985 Not provided