55427 ZIP Code – Minneapolis, Minnesota
55427 is a large ZIP code in Minneapolis, Minnesota, part of Hennepin County with a population of approximately 25,908 residents. Residents earn a median household income of $89,608, which is above the Minnesota average and above the national figure. Median home values of $318,600 are above the national average, with 67.0% owner-occupied housing (decreasing). ; median rent of $1,330 is similarly above the national average. Housing consists of 69% single-family (decreasing), 28% apartments (increasing).
At 2.5%, the unemployment rate is well below the national figure. The poverty rate is 9.5%, below the national average. About 48.9% of residents have completed a four-year degree, well above the national rate. The population has a median age of 40.7, near the national median. Nearby ZIP codes include 55422, 55441, 55426.
ZIP Code 55427 Data
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ZIP 55427 vs. Minnesota vs. U.S.
| Metric | ZIP 55427 | MN Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 25k | 6,531 | 10k |
| Median Household Income | $89k | $77k | $73k |
| Median Home Value | $318k | $223k | $258k |
| Median Rent | $1,330 | $954 | $1,088 |
| Median Age | 40.7 | 43.2 | 43.2 |
| Unemployment Rate | 2.5% | 4.0% | 5.0% |
| Poverty Rate | 9.5% | 9.9% | 13.3% |
| Bachelor's Degree or Higher | 48.9% | 26.4% | 26.9% |
Demographics Charts
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Nearby ZIP Codes
- 55422 – Minneapolis
- 55441 – Minneapolis
- 55426 – Minneapolis
- 55442 – Minneapolis
- 55428 – Minneapolis
- 55411 – Minneapolis
- 55412 – Minneapolis
- 55416 – Minneapolis
- 55305 – Hopkins
- 55429 – Minneapolis
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 55422 | MINNEAPOLIS | 28,373 | $88,712 |
| 55441 | MINNEAPOLIS | 18,289 | $99,017 |
| 55426 | MINNEAPOLIS | 25,491 | $92,245 |
| 55442 | MINNEAPOLIS | 13,120 | $118,453 |
| 55428 | MINNEAPOLIS | 32,967 | $62,087 |