55423 ZIP Code – Minneapolis, Minnesota
ZIP code 55423 is a large ZIP code located in Minneapolis, Minnesota, within Hennepin County with a population of approximately 36,859 residents. At $80,744, the median household income here runs near the Minnesota average and near the U.S. average. The median home value of $293,800 is near the national average, with 61.6% owner-occupied housing (decreasing). . Median rent is $1,299, which is above the U.S. average. Housing consists of 63% single-family (increasing), 35% apartments (increasing).
The area reports an unemployment rate of 5.1%, near the national average. The poverty rate is 7.3%, well below the national average. Bachelor's degree attainment is 44.3%, well above the national average. The median age is 38.9, near the national median. Neighboring ZIP codes include 55419, 55435, 55450.
ZIP Code 55423 Data
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ZIP 55423 vs. Minnesota vs. U.S.
| Metric | ZIP 55423 | MN Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 36k | 6,531 | 10k |
| Median Household Income | $80k | $77k | $73k |
| Median Home Value | $293k | $223k | $258k |
| Median Rent | $1,299 | $954 | $1,088 |
| Median Age | 38.9 | 43.2 | 43.2 |
| Unemployment Rate | 5.1% | 4.0% | 5.0% |
| Poverty Rate | 7.3% | 9.9% | 13.3% |
| Bachelor's Degree or Higher | 44.3% | 26.4% | 26.9% |
Demographics Charts
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Gender
Education Level (adults 25+)
Nearby ZIP Codes
- 55419 – Minneapolis
- 55435 – Minneapolis
- 55450 – Minneapolis
- 55420 – Minneapolis
- 55417 – Minneapolis
- 55410 – Minneapolis
- 55425 – Minneapolis
- 55424 – Minneapolis
- 55409 – Minneapolis
- 55431 – Minneapolis
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 55419 | MINNEAPOLIS | 29,730 | $135,769 |
| 55435 | MINNEAPOLIS | 14,053 | $71,664 |
| 55450 | MINNEAPOLIS | Not provided | Not provided |
| 55420 | MINNEAPOLIS | 23,433 | $73,527 |
| 55417 | MINNEAPOLIS | 25,900 | $117,475 |