55434 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 55434 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateMinnesota
CityMinneapolis
Time ZoneAmerica/Chicago
Geo Location45.16809, -93.2505
Population33096
Size23.392 square miles
Median Family Income$92239.00
Median Home Value$221100.00

Population & Demographics

The following information lists the population statistics and breakdown for the 55434 zip code. The total population is 33096, of which, 16724 are male and 16724 are female. This total population is 21.28% greater than the average. With a total area of 23.392 square miles, the population density is 1331.6 people per square mile. The median age of the population is 36.8 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
201128466
201228227
201328398
201428531
201529060
201629015
201730188
201830559
201931149
202031267
202133096

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 18235.5%
Age 5-922566.8%
Age 10-1425367.7%
Age 15-1923657.1%
Age 20-2422206.7
Age 25-2921076.4%
Age 30-3424517.4%
Age 35-3918695.6%
Age 40-442546 7.7%
Age 45-4918265.5%
Age 50-5423907.2%
Age 55-5918805.7%
Age 60-6423297%
Age 65-6916745.1%
Age 70-7411853.6%
Age 75-7910293.1%
Age 80-844011.2%
Age 85 and over2090.6%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 19.2 %
  • Speaks Spanish: 3.9 %
  • Speaks Other Indo-European Language: 3.3 %
  • Speaks Pacific Island Languages: 4.7 %
  • Speak Other Languages: 7.3 %
Marital Status: 
  • Currently Married: 49.6 %
  • Divorced: 11.9 %
  • Separated (not divorced): 1.2 %
  • Never Married: 33.3 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 55434 zip code is $92239. This is 17.75% greater than the national average. This income places 7.1% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $24796. 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 $10,000.00183
$10,000.00 – $14,999.00118
$15,000.00 – $24,999.00175
$25,000.00 – $34,999.00387
$35,000.00 – $49,999.00582
$50,000.00 – $74,999.001610
$75,000.00 – $99,999.001296
$100,000.00 – $149,999.002389
$150,000.00 – $199,999,00712
$200,000.00 +499

YearMedian Family Income ($ USD)
201169065
201271121
201370482
201470662
201571840
201673869
201772152
201876942
201983198
202086895
202192239

Income Source# of Households
Wage or Salary9353
Self Employment969
Social Security3500
Dividends, Interest, or Rental2177
Retirement2807
Other1941

Total Insured & Uninsured Individuals: 
  • Families Insure: 31094
  • Families Uninsured: 1947
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 2807
  • No retirement income: 9025

Education

In the 55434 zip code, 93.6% of individuals over 25 years old have a high school degree or higher, and 25.6% have a bachelors degree or higher. Additionally, 8.9% of individuals 3 years and older are in private school, and 91.1% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 55434 zip, there are an estimated 18569 people in the labor force, of which, 17583 are employed, and 965 are unemployed. There are a total of 21 people in the armed forces. The average commute time for this zip code is 24.1 minutes. Of the total people that work, 1375 worked from home and 17116 commuted. The average number of hours worked is 37.5. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts5584
Services3083
Sales and Office4258
Construction and Maintenance:1413
Transportation and Material Moving3245





Housing

The median home value for the 55434 zip code is 221100. There is an estimated  11832 number of occupied housing units, the median gross rent in is $1439 per month, and the average monthly housing costs are estimated to be $1309. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,0001221
$50,000 – $99,000239
$100,000 – $149,999572
$150,000 – $199,9991908
$200,000 – $299,9994539
$300,000 – $499,9991287
$500,000 – $999,999111
$1,000,000+7

Home Year BuiltNumber of Homes
2020 or Later47
2010 – 2019790
2000 – 20091198
1980 – 19994389
1960 – 19794107
1940 – 19591160
1939 or earlier141

The median number of rooms in all housing units is 6.1 rooms.
Monthly Rent ($ USD)Number of Units
Less than $50041
$500 – $999392
$1,000 – $1,499598
$1,500 – $1,999665
$2,000 – $2,499135
$2,499 – $2,999106
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 300217
300-4991165
500-7991975
800-999912
1000-14992864
1500-19993477
2000-2499862
2500-2999307
3000+42

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%3156
20%-24.9%1337
25%-29.9%622
30%-34.9%372
35+%1056



# of VehiclesHouseholds
None375
13192
25501
3+2764
Home Heating Characteristics: 
  • Utility Gas: 87.3 %
  • Bottle Tank or LP Gas: 1.6 %
  • Electricity: 10 %
  • Oil or Kerosene etc: 0.1 %
  • Coal or Coke: 0 %
  • All Other: 0.9 %

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