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

Population 10,203
Median Household Income $225,119
Median Home Value $880,100
Median Rent $1,770
Median Age 41.9
Unemployment Rate 3.3%
Poverty Rate 1.6%
Bachelor's Degree or Higher 85.1%
State Minnesota

ZIP 55424 vs. Minnesota vs. U.S.

MetricZIP 55424MN Avg.U.S. Avg.
Population10k6,53110k
Median Household Income$225k$77k$73k
Median Home Value$880k$223k$258k
Median Rent$1,770$954$1,088
Median Age41.943.243.2
Unemployment Rate3.3%4.0%5.0%
Poverty Rate1.6%9.9%13.3%
Bachelor's Degree or Higher85.1%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
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