55414 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 55414 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateMinnesota
CityMinneapolis
Time ZoneAmerica/Chicago
Geo Location44.97936, -93.22646
Population31788
Size8.747 square miles
Median Family Income$84464.00
Median Home Value$367300.00

Population & Demographics

The following information lists the population statistics and breakdown for the 55414 zip code. The total population is 31788, of which, 15441 are male and 15441 are female. This total population is -54.65% greater than the average. With a total area of 8.747 square miles, the population density is 4107.2 people per square mile. The median age of the population is 23 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
201126793
201227104
201327702
201428717
201530389
201632488
201733231
201834725
201935925
202036017
202131788

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 6572.1%
Age 5-93101%
Age 10-14950.3%
Age 15-1930479.6%
Age 20-241521047.8
Age 25-29459114.4%
Age 30-3419506.1%
Age 35-3910943.4%
Age 40-44677 2.1%
Age 45-496372%
Age 50-544821.5%
Age 55-597542.4%
Age 60-648142.6%
Age 65-695191.6%
Age 70-744221.3%
Age 75-792240.7%
Age 80-842410.8%
Age 85 and over640.2%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 19.6 %
  • Speaks Spanish: 2.3 %
  • Speaks Other Indo-European Language: 3.4 %
  • Speaks Pacific Island Languages: 10 %
  • Speak Other Languages: 3.9 %
Marital Status: 
  • Currently Married: 13.8 %
  • Divorced: 3.7 %
  • Separated (not divorced): 0.3 %
  • Never Married: 81.4 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 55414 zip code is $84464. This is -33.42% less than the national average. This income places 41.3% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $35324. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.00116
$10,000.00 – $14,999.0030
$15,000.00 – $24,999.00216
$25,000.00 – $34,999.00196
$35,000.00 – $49,999.00265
$50,000.00 – $74,999.00369
$75,000.00 – $99,999.00235
$100,000.00 – $149,999.00404
$150,000.00 – $199,999,00228
$200,000.00 +437

YearMedian Family Income ($ USD)
201164309
201249113
201351332
201450567
201550141
201650496
201758472
201876534
201981923
202083275
202184464

Income Source# of Households
Wage or Salary10801
Self Employment1548
Social Security1155
Dividends, Interest, or Rental2772
Retirement1062
Other1118

Total Insured & Uninsured Individuals: 
  • Families Insure: 30002
  • Families Uninsured: 1675
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 1062
  • No retirement income: 11341

Education

In the 55414 zip code, 94.2% of individuals over 25 years old have a high school degree or higher, and 67.6% have a bachelors degree or higher. Additionally, 8.4% of individuals 3 years and older are in private school, and 91.6% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 55414 zip, there are an estimated 22131 people in the labor force, of which, 20796 are employed, and 1335 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 20.7 minutes. Of the total people that work, 2560 worked from home and 20323 commuted. The average number of hours worked is 31.3. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts10673
Services4301
Sales and Office3752
Construction and Maintenance:553
Transportation and Material Moving1517





Housing

The median home value for the 55414 zip code is 367300. There is an estimated  12403 number of occupied housing units, the median gross rent in is $1292 per month, and the average monthly housing costs are estimated to be $1325. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,00055
$50,000 – $99,0009
$100,000 – $149,99968
$150,000 – $199,999169
$200,000 – $299,999415
$300,000 – $499,999781
$500,000 – $999,999422
$1,000,000+57

Home Year BuiltNumber of Homes
2020 or Later9
2010 – 20193147
2000 – 20091121
1980 – 19992226
1960 – 19792247
1940 – 19591157
1939 or earlier2496

The median number of rooms in all housing units is 3.7 rooms.
Monthly Rent ($ USD)Number of Units
Less than $500355
$500 – $9993040
$1,000 – $1,4993055
$1,500 – $1,9992223
$2,000 – $2,499913
$2,499 – $2,999391
$3,000 + 344

Monthly Housing Costs ($)Number of Households
Less than 300223
300-499221
500-7991346
800-9992150
1000-14993451
1500-19992653
2000-24991091
2500-2999622
3000+540

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%473
20%-24.9%227
25%-29.9%163
30%-34.9%12
35+%229



# of VehiclesHouseholds
None3218
14694
22671
3+1820
Home Heating Characteristics: 
  • Utility Gas: 60.3 %
  • Bottle Tank or LP Gas: 2.3 %
  • Electricity: 35.4 %
  • Oil or Kerosene etc: 0.5 %
  • Coal or Coke: 0.1 %
  • All Other: 1.3 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.