55429 ZIP Code – Minneapolis, Minnesota

55429 is a large ZIP code in Minneapolis, Minnesota, part of Hennepin County with a population of approximately 28,392 residents. Residents earn a median household income of $65,674, which is near the Minnesota average and near the national figure. The median home value of $244,500 is near the national average, with 59.6% owner-occupied housing (increasing). ; median rent of $1,215 is similarly near the national average. Housing consists of 63% single-family (increasing), 33% apartments (decreasing).

The unemployment rate is 5.5%, near the national average. The poverty rate is 11.7%, near the national average. Bachelor's degree attainment is 24.1%, near the national average. The population has a median age of 33.0, below the national median. ZIP codes in the surrounding area include 55430, 55428, 55412.

ZIP Code 55429 Data

Population 28,392
Median Household Income $65,674
Median Home Value $244,500
Median Rent $1,215
Median Age 33.0
Unemployment Rate 5.5%
Poverty Rate 11.7%
Bachelor's Degree or Higher 24.1%
State Minnesota

ZIP 55429 vs. Minnesota vs. U.S.

MetricZIP 55429MN Avg.U.S. Avg.
Population28k6,53110k
Median Household Income$65k$77k$73k
Median Home Value$244k$223k$258k
Median Rent$1,215$954$1,088
Median Age33.043.243.2
Unemployment Rate5.5%4.0%5.0%
Poverty Rate11.7%9.9%13.3%
Bachelor's Degree or Higher24.1%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
55430 MINNEAPOLIS 23,363 $74,368
55428 MINNEAPOLIS 32,967 $62,087
55412 MINNEAPOLIS 25,762 $65,856
55444 MINNEAPOLIS 17,716 $107,943
55443 MINNEAPOLIS 32,912 $87,306