55424 ZIP Code – Minneapolis, Minnesota
55424 is a mid-sized ZIP code in Minneapolis, Minnesota, part of Hennepin County with a population of approximately 10,203 residents. At $225,119, the median household income here runs well above the Minnesota average and well above the U.S. average. Median home values of $880,100 are well above the national average, with 91.5% owner-occupied housing (decreasing). , and the median rent of $1,770 is well above the national average. Housing consists of 93% single-family (decreasing), 7% apartments (increasing).
Unemployment stands at 3.3%, which is below the U.S. rate. The poverty rate of 1.6% is well below the U.S. average. An estimated 85.1% of adults hold a bachelor's degree or higher, well above the national average. At 41.9, the median age is near the national figure. Nearby ZIP codes include 55410, 55436, 55435.
ZIP Code 55424 Data
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ZIP 55424 vs. Minnesota vs. U.S.
| Metric | ZIP 55424 | MN Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 10k | 6,531 | 10k |
| Median Household Income | $225k | $77k | $73k |
| Median Home Value | $880k | $223k | $258k |
| Median Rent | $1,770 | $954 | $1,088 |
| Median Age | 41.9 | 43.2 | 43.2 |
| Unemployment Rate | 3.3% | 4.0% | 5.0% |
| Poverty Rate | 1.6% | 9.9% | 13.3% |
| Bachelor's Degree or Higher | 85.1% | 26.4% | 26.9% |
Demographics Charts
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Nearby ZIP Codes
- 55410 – Minneapolis
- 55436 – Minneapolis
- 55435 – Minneapolis
- 55419 – Minneapolis
- 55439 – Minneapolis
- 55416 – Minneapolis
- 55409 – Minneapolis
- 55423 – Minneapolis
- 55408 – Minneapolis
- 55343 – Hopkins
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 55410 | MINNEAPOLIS | 20,765 | $146,724 |
| 55436 | MINNEAPOLIS | 14,337 | $133,630 |
| 55435 | MINNEAPOLIS | 14,053 | $71,664 |
| 55419 | MINNEAPOLIS | 29,730 | $135,769 |
| 55439 | MINNEAPOLIS | 9,211 | $167,194 |