55438 ZIP Code – Minneapolis, Minnesota

Located in Minneapolis, Minnesota, ZIP code 55438 is a mid-sized ZIP code within Hennepin County with a population of approximately 16,009 residents. Residents earn a median household income of $97,707, which is above the Minnesota average and above the national figure. Homes in this ZIP code have a median value of $386,600, above the national average, with 78.8% owner-occupied housing (increasing). . Median rent is $1,505, which is above the U.S. average. Housing consists of 69% single-family (decreasing), 26% apartments (increasing).

Unemployment stands at 3.5%, which is below the U.S. rate. About 4.0% of residents live below the poverty line, well below the national rate. Bachelor's degree attainment is 55.3%, well above the national average. The population has a median age of 44.0, near the national median. Nearby ZIP codes include 55437, 55431, 55439.

ZIP Code 55438 Data

Population 16,009
Median Household Income $97,707
Median Home Value $386,600
Median Rent $1,505
Median Age 44.0
Unemployment Rate 3.5%
Poverty Rate 4.0%
Bachelor's Degree or Higher 55.3%
State Minnesota

ZIP 55438 vs. Minnesota vs. U.S.

MetricZIP 55438MN Avg.U.S. Avg.
Population16k6,53110k
Median Household Income$97k$77k$73k
Median Home Value$386k$223k$258k
Median Rent$1,505$954$1,088
Median Age44.043.243.2
Unemployment Rate3.5%4.0%5.0%
Poverty Rate4.0%9.9%13.3%
Bachelor's Degree or Higher55.3%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
55437 MINNEAPOLIS 19,401 $93,890
55431 MINNEAPOLIS 19,477 $105,290
55439 MINNEAPOLIS 9,211 $167,194
55344 EDEN PRAIRIE 14,759 $90,861
55435 MINNEAPOLIS 14,053 $71,664