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

Population 25,908
Median Household Income $89,608
Median Home Value $318,600
Median Rent $1,330
Median Age 40.7
Unemployment Rate 2.5%
Poverty Rate 9.5%
Bachelor's Degree or Higher 48.9%
State Minnesota

ZIP 55427 vs. Minnesota vs. U.S.

MetricZIP 55427MN Avg.U.S. Avg.
Population25k6,53110k
Median Household Income$89k$77k$73k
Median Home Value$318k$223k$258k
Median Rent$1,330$954$1,088
Median Age40.743.243.2
Unemployment Rate2.5%4.0%5.0%
Poverty Rate9.5%9.9%13.3%
Bachelor's Degree or Higher48.9%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
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