55435 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 55435 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateMinnesota
CityMinneapolis
Time ZoneAmerica/Chicago
Geo Location44.87352, -93.33471
Population13753
Size7.655 square miles
Median Family Income$111362.00
Median Home Value$283500.00

Population & Demographics

The following information lists the population statistics and breakdown for the 55435 zip code. The total population is 13753, of which, 7388 are male and 7388 are female. This total population is -60.31% greater than the average. With a total area of 7.655 square miles, the population density is 1824.3 people per square mile. The median age of the population is 48.1 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
201111458
201211954
201312286
201412638
201513095
201613449
201713718
201813744
201913965
202013771
202113753

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 5874.3%
Age 5-94393.2%
Age 10-144513.3%
Age 15-195373.9%
Age 20-246114.4
Age 25-29144510.5%
Age 30-347895.7%
Age 35-397385.4%
Age 40-44905 6.6%
Age 45-495954.3%
Age 50-545484%
Age 55-597755.6%
Age 60-649947.2%
Age 65-6911128.1%
Age 70-748726.3%
Age 75-796334.6%
Age 80-845924.3%
Age 85 and over11308.2%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 19.8 %
  • Speaks Spanish: 4.1 %
  • Speaks Other Indo-European Language: 4.7 %
  • Speaks Pacific Island Languages: 6.4 %
  • Speak Other Languages: 4.6 %
Marital Status: 
  • Currently Married: 46.9 %
  • Divorced: 13.5 %
  • Separated (not divorced): 0.4 %
  • Never Married: 29.3 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 55435 zip code is $111362. This is 10.07% greater than the national average. This income places 10.4% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $30291. 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 $10,000.0085
$10,000.00 – $14,999.0016
$15,000.00 – $24,999.0088
$25,000.00 – $34,999.00165
$35,000.00 – $49,999.00245
$50,000.00 – $74,999.00515
$75,000.00 – $99,999.00331
$100,000.00 – $149,999.00807
$150,000.00 – $199,999,00314
$200,000.00 +618

YearMedian Family Income ($ USD)
201178449
201279588
201380285
201488631
201585906
201697089
2017101904
2018102172
2019111034
2020111008
2021111362

Income Source# of Households
Wage or Salary4734
Self Employment677
Social Security3186
Dividends, Interest, or Rental2323
Retirement2195
Other858

Total Insured & Uninsured Individuals: 
  • Families Insure: 13034
  • Families Uninsured: 377
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 2195
  • No retirement income: 5341

Education

In the 55435 zip code, 97.3% of individuals over 25 years old have a high school degree or higher, and 61.1% have a bachelors degree or higher. Additionally, 19.5% of individuals 3 years and older are in private school, and 80.5% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 55435 zip, there are an estimated 7328 people in the labor force, of which, 6683 are employed, and 521 are unemployed. There are a total of 124 people in the armed forces. The average commute time for this zip code is 20.3 minutes. Of the total people that work, 1353 worked from home and 6661 commuted. The average number of hours worked is 40.1. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts4239
Services610
Sales and Office1240
Construction and Maintenance:184
Transportation and Material Moving410





Housing

The median home value for the 55435 zip code is 283500. There is an estimated  7536 number of occupied housing units, the median gross rent in is $1514 per month, and the average monthly housing costs are estimated to be $1437. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,00092
$50,000 – $99,000370
$100,000 – $149,999326
$150,000 – $199,999448
$200,000 – $299,999435
$300,000 – $499,999618
$500,000 – $999,999887
$1,000,000+43

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 2019957
2000 – 2009244
1980 – 19991303
1960 – 19793813
1940 – 1959988
1939 or earlier231

The median number of rooms in all housing units is 4 rooms.
Monthly Rent ($ USD)Number of Units
Less than $500200
$500 – $999479
$1,000 – $1,4991404
$1,500 – $1,9991213
$2,000 – $2,499568
$2,499 – $2,999214
$3,000 + 158

Monthly Housing Costs ($)Number of Households
Less than 300289
300-499229
500-799721
800-999689
1000-14992058
1500-19991548
2000-2499898
2500-2999390
3000+633

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%760
20%-24.9%189
25%-29.9%192
30%-34.9%97
35+%377



# of VehiclesHouseholds
None821
13832
22327
3+556
Home Heating Characteristics: 
  • Utility Gas: 64.5 %
  • Bottle Tank or LP Gas: 2.4 %
  • Electricity: 28.6 %
  • Oil or Kerosene etc: 1.4 %
  • Coal or Coke: 0 %
  • All Other: 1.5 %

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