55418 ZIP Code – Minneapolis, Minnesota
55418 is a ZIP code serving Minneapolis, Minnesota in Hennepin County with a population of approximately 30,797 residents. Residents earn a median household income of $89,955, which is above the Minnesota average and above the national figure. Median home values of $317,900 are above the national average, with 66.3% owner-occupied housing (increasing). , with median rent coming in at $1,254 — above the national figure. Housing consists of 68% single-family (increasing), 16% apartments (decreasing), 16% duplex/multi-family.
The area reports an unemployment rate of 3.3%, below the national average. About 8.5% of residents live below the poverty line, below the national rate. Bachelor's degree attainment is 51.4%, well above the national average. The population has a median age of 37.5, near the national median. ZIP codes in the surrounding area include 55413, 55421, 55401.
ZIP Code 55418 Data
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ZIP 55418 vs. Minnesota vs. U.S.
| Metric | ZIP 55418 | MN Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 30k | 6,531 | 10k |
| Median Household Income | $89k | $77k | $73k |
| Median Home Value | $317k | $223k | $258k |
| Median Rent | $1,254 | $954 | $1,088 |
| Median Age | 37.5 | 43.2 | 43.2 |
| Unemployment Rate | 3.3% | 4.0% | 5.0% |
| Poverty Rate | 8.5% | 9.9% | 13.3% |
| Bachelor's Degree or Higher | 51.4% | 26.4% | 26.9% |
Demographics Charts
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Nearby ZIP Codes
- 55413 – Minneapolis
- 55421 – Minneapolis
- 55401 – Minneapolis
- 55412 – Minneapolis
- 55414 – Minneapolis
- 55411 – Minneapolis
- 55455 – Minneapolis
- 55415 – Minneapolis
- 55402 – Minneapolis
- 55454 – Minneapolis
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 55413 | MINNEAPOLIS | 14,076 | $78,064 |
| 55421 | MINNEAPOLIS | 30,787 | $71,001 |
| 55401 | MINNEAPOLIS | 11,510 | $118,188 |
| 55412 | MINNEAPOLIS | 25,762 | $65,856 |
| 55414 | MINNEAPOLIS | 33,342 | $47,479 |