55414 ZIP Code – Minneapolis, Minnesota

Located in Minneapolis, Minnesota, ZIP code 55414 is a large ZIP code within Hennepin County with a population of approximately 33,342 residents. At $47,479, the median household income here runs below the Minnesota average and below the U.S. average. Median home values of $426,300 are well above the national average, with 15.1% owner-occupied housing (decreasing). , with median rent coming in at $1,388 — above the national figure. Housing consists of 20% single-family (decreasing), 71% apartments (increasing), 9% duplex/multi-family.

The unemployment rate is 4.9%, near the national average. The poverty rate of 40.0% is well above the U.S. average. 67.6% of adults hold a bachelor's degree or higher, well above the U.S. average. The median age is 22.9, well below the national median. Nearby ZIP codes include 55455, 55454, 55413.

ZIP Code 55414 Data

Population 33,342
Median Household Income $47,479
Median Home Value $426,300
Median Rent $1,388
Median Age 22.9
Unemployment Rate 4.9%
Poverty Rate 40.0%
Bachelor's Degree or Higher 67.6%
State Minnesota

ZIP 55414 vs. Minnesota vs. U.S.

MetricZIP 55414MN Avg.U.S. Avg.
Population33k6,53110k
Median Household Income$47k$77k$73k
Median Home Value$426k$223k$258k
Median Rent$1,388$954$1,088
Median Age22.943.243.2
Unemployment Rate4.9%4.0%5.0%
Poverty Rate40.0%9.9%13.3%
Bachelor's Degree or Higher67.6%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
55455 MINNEAPOLIS 4,985 Not provided
55454 MINNEAPOLIS 8,892 $24,660
55413 MINNEAPOLIS 14,076 $78,064
55415 MINNEAPOLIS 6,120 $128,378
55114 SAINT PAUL 3,588 $68,242