55433 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 55433 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateMinnesota
CityMinneapolis
Time ZoneAmerica/Chicago
Geo Location45.16134, -93.31642
Population34240
Size30.082 square miles
Median Family Income$88356.00
Median Home Value$217800.00

Population & Demographics

The following information lists the population statistics and breakdown for the 55433 zip code. The total population is 34240, of which, 17645 are male and 17645 are female. This total population is 55.96% greater than the average. With a total area of 30.082 square miles, the population density is 1144.9 people per square mile. The median age of the population is 38.9 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
201134193
201233953
201334024
201433945
201533966
201634428
201734803
201834606
201934441
202034461
202134240

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 18305.3%
Age 5-916514.8%
Age 10-1421056.1%
Age 15-1919855.8%
Age 20-2423556.9
Age 25-2928548.3%
Age 30-3423756.9%
Age 35-3925247.4%
Age 40-442001 5.8%
Age 45-4921906.4%
Age 50-5422256.5%
Age 55-5923997%
Age 60-6417535.1%
Age 65-6919375.7%
Age 70-7413664%
Age 75-7911453.3%
Age 80-848622.5%
Age 85 and over6832%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 9.6 %
  • Speaks Spanish: 1.3 %
  • Speaks Other Indo-European Language: 2.4 %
  • Speaks Pacific Island Languages: 2.6 %
  • Speak Other Languages: 3.3 %
Marital Status: 
  • Currently Married: 42.7 %
  • Divorced: 13.4 %
  • Separated (not divorced): 2 %
  • Never Married: 35 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 55433 zip code is $88356. This is 11.36% greater than the national average. This income places 6.9% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $21723. 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 $10,000.0041
$10,000.00 – $14,999.00139
$15,000.00 – $24,999.00445
$25,000.00 – $34,999.00391
$35,000.00 – $49,999.00944
$50,000.00 – $74,999.001216
$75,000.00 – $99,999.001699
$100,000.00 – $149,999.002013
$150,000.00 – $199,999,001098
$200,000.00 +319

YearMedian Family Income ($ USD)
201169565
201269791
201370229
201470403
201568470
201672202
201776301
201879709
201981628
202084645
202188356

Income Source# of Households
Wage or Salary10322
Self Employment828
Social Security4601
Dividends, Interest, or Rental2577
Retirement3558
Other1987

Total Insured & Uninsured Individuals: 
  • Families Insure: 32261
  • Families Uninsured: 1885
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 3558
  • No retirement income: 10085

Education

In the 55433 zip code, 93% of individuals over 25 years old have a high school degree or higher, and 23.4% have a bachelors degree or higher. Additionally, 9.7% of individuals 3 years and older are in private school, and 90.3% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 55433 zip, there are an estimated 19757 people in the labor force, of which, 18920 are employed, and 829 are unemployed. There are a total of 8 people in the armed forces. The average commute time for this zip code is 24 minutes. Of the total people that work, 1440 worked from home and 18471 commuted. The average number of hours worked is 37.2. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts6105
Services3767
Sales and Office4242
Construction and Maintenance:1369
Transportation and Material Moving3437





Housing

The median home value for the 55433 zip code is 217800. There is an estimated  13643 number of occupied housing units, the median gross rent in is $1185 per month, and the average monthly housing costs are estimated to be $1210. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,000416
$50,000 – $99,00050
$100,000 – $149,999969
$150,000 – $199,9992233
$200,000 – $299,9994624
$300,000 – $499,999915
$500,000 – $999,999125
$1,000,000+10

Home Year BuiltNumber of Homes
2020 or Later19
2010 – 2019441
2000 – 2009695
1980 – 19996120
1960 – 19794675
1940 – 19591435
1939 or earlier258

The median number of rooms in all housing units is 5.8 rooms.
Monthly Rent ($ USD)Number of Units
Less than $500318
$500 – $999677
$1,000 – $1,4992566
$1,500 – $1,999530
$2,000 – $2,499100
$2,499 – $2,99926
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 300311
300-4991315
500-7992039
800-999973
1000-14995161
1500-19992784
2000-2499682
2500-2999230
3000+64

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%3128
20%-24.9%989
25%-29.9%688
30%-34.9%527
35+%974



# of VehiclesHouseholds
None1096
14683
25269
3+2595
Home Heating Characteristics: 
  • Utility Gas: 80.3 %
  • Bottle Tank or LP Gas: 1.3 %
  • Electricity: 16.4 %
  • Oil or Kerosene etc: 0 %
  • Coal or Coke: 0.1 %
  • All Other: 1.2 %

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