54020, WI Demographics

Population 7,704 · Census ACS 2020–24

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54020, WI map of median age by neighborhood
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Population and households in ZIP 54020

Household size in ZIP 54020

Household size, people per household
PeriodZIP 54020Minneapolis areaWisconsinU.S.
2006–102.522.582.452.68
2010–142.512.612.472.73
2015–192.412.632.432.71
2020–242.332.582.402.65
Change−0.19−0.00−0.06−0.03
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ZIP 54020 is a place of small households, averaging 2.33 people against 2.65 for the U.S., which points to many singles, couples and roommates and relatively few children. Household size has dropped from 2.52 in 2006–10, a much bigger shift than nationally.

Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).

Median age in ZIP 54020

Median age, years
PeriodZIP 54020Minneapolis areaWisconsinU.S.
2006–1037.536.838.837.7
2010–1439.137.839.938.6
2015–1941.638.640.939.6
2020–2441.039.241.440.1
Change+3.4+2.5+2.6+2.3
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Half of the people in ZIP 54020 are younger than 41.0 and half are older, close to the national median of 40.1. The population here is older than in the Minneapolis area overall, where the median age is 39.2. Since 2006–10, the median age has climbed from 37.5, mirroring the country.

Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).

Single-parent households in ZIP 54020

Single-parent households, % of households
PeriodZIP 54020Minneapolis areaWisconsinU.S.
2006–109.4%10.2%10.4%12.3%
2010–1410.3%10.6%10.5%12.3%
2015–1910.2%9.9%10.0%11.6%
2020–2411.1%9.8%9.8%11.6%
Change+1.7 pts−0.4 pts−0.6 pts−0.6 pts
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Single-parent households are about as common in ZIP 54020 as they are nationally: 11.1%, against 11.6%. Single parents are more common here than in the Minneapolis area overall (9.8%). The single-parent share has risen 1.7 points since 2006–10, even as the national share fell.

Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).

Housing in ZIP 54020

Renters in ZIP 54020

Renters, % of occupied homes
PeriodZIP 54020Minneapolis areaWisconsinU.S.
2006–1022.0%27.3%30.5%33.3%
2010–1421.7%29.6%32.3%35.6%
2015–1924.2%30.0%33.0%36.0%
2020–2421.7%29.3%32.2%34.8%
Change−0.3 pts+2.0 pts+1.6 pts+1.5 pts
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ZIP 54020 is largely a place of homeowners: only 21.7% of households rent, far below the national share of 34.8%. Owner-heavy areas like this tend to see less turnover. Just over a third of owners (34.4%) have paid off their mortgages, below the national share of 39.8%. Renting is most common in the northwest and least common in the southeast.

Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).

Vacant homes in ZIP 54020

Vacant homes, % of all homes
PeriodZIP 54020Minneapolis areaWisconsinU.S.
2006–1010.5%7.0%10.5%11.4%
2010–1410.9%6.2%10.6%11.4%
2015–199.5%5.5%10.1%11.1%
2020–246.0%5.7%9.2%9.6%
Change−4.5 pts−1.3 pts−1.3 pts−1.8 pts
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Fewer homes sit empty in ZIP 54020 than nationally: 6.0%, against 9.6% for the U.S. That is in line with the rest of the Minneapolis area. Vacancy is down 4.5 points from 2006–10, in line with the national trend.

Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).

Age of homes in ZIP 54020

Age of homes, median year built
PeriodZIP 54020Minneapolis areaWisconsinU.S.
2006–101985197519701974
2010–141986197619711975
2015–191989197719721977
2020–241990198019741980
Change+5+4+5+6
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ZIP 54020 has newer housing than the country as a whole: the median home was built in 1990, versus 1980 nationally. The median year built has moved up from 1985 in 2006–10, a sign of steady new building. Newer construction is concentrated in the southwest, while the north has the oldest housing. Of the 270 Wisconsin ZIP codes with 5,000+ people, only 26 have newer homes.

Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).

Rent in ZIP 54020

Rent, per month
PeriodZIP 54020Minneapolis areaWisconsinU.S.
2006–10$761$1,007$758$965
2010–14$767$1,077$821$1,040
2015–19$904$1,258$904$1,213
2020–24$1,081$1,603$1,139$1,571
Change+$320+$597+$380+$606
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A typical rental in ZIP 54020 costs $1,081 a month with utilities, well below the national median of $1,571. Rent has climbed $320 a month since 2006–10, up 42%, a slower climb than the nation's. Rent takes 23.9% of the typical renter's income, comfortably under the 30% mark often used to define affordable rent. Renters on a budget will find the lowest rents in the north; the highest are in the south.

Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).

Education in ZIP 54020

Bachelor's degrees in ZIP 54020

Bachelor's degrees, % of adults 25+
PeriodZIP 54020Minneapolis areaWisconsinU.S.
2006–1022.6%37.2%26.5%28.4%
2010–1423.7%39.1%28.0%29.6%
2015–1925.5%41.8%30.4%32.1%
2020–2426.2%45.4%33.6%35.6%
Change+3.6 pts+8.1 pts+7.0 pts+7.2 pts
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Just over a quarter of adults 25 and older in ZIP 54020 (26.2%) have a bachelor's degree or higher, below the national share of 35.6%. The share with a degree is up 3.6 points from 2006–10, in line with the national trend.

Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).

High school graduates in ZIP 54020

High school graduates, % of adults 25+
PeriodZIP 54020Minneapolis areaWisconsinU.S.
2006–1094.5%92.4%89.5%84.9%
2010–1494.5%92.9%90.7%86.1%
2015–1995.5%93.5%92.1%87.7%
2020–2494.0%94.0%93.3%89.3%
Change−0.6 pts+1.6 pts+3.8 pts+4.3 pts
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High school completion in ZIP 54020 is above the national rate: 94.0% of adults have a diploma or equivalent, against 89.3%. The picture is much the same across the Minneapolis area. The share with a diploma is down 0.6 points from 2006–10, even as the national rate rose.

High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).

Jobs in ZIP 54020

Unemployment, % of the labor force
PeriodZIP 54020Minneapolis areaWisconsinU.S.
2006–107.7%6.7%6.7%8.1%
2010–146.2%6.8%7.3%9.4%
2015–193.1%3.6%3.7%5.6%
2020–244.6%4.0%3.3%5.4%
Change−3.1 pts−2.7 pts−3.4 pts−2.7 pts
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Unemployment in ZIP 54020 runs below the national rate: 4.6% of the labor force was out of work and looking, against 5.4% nationally. Unemployment has fallen 3.1 points since 2006–10, in line with the national trend. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.

Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).

ZIP 54020 compared with nearby ZIP codes

ZIP codeHousehold sizeMedian ageSingle parentsRentersVacant homesMedian year builtMedian rentBachelor's degreeHigh school diplomaUnemployment
ZIP 540202.3341.011.1%21.7%6.0%1990$1,08126.2%94.0%4.6%
ZIP 540092.4042.18.4%16.0%10.0%1986$1,12925.4%93.9%4.5%
ZIP 550742.6539.88.3%10.7%4.8%1992$1,23825.1%96.4%2.4%
ZIP 540262.4646.95.0%6.5%11.7%1984$1,23426.5%96.0%2.2%
ZIP 550732.8344.14.9%8.4%8.1%1981$1,45038.3%96.6%2.3%
ZIP 550472.4951.64.4%8.4%10.3%1975$2,06554.8%98.2%0.5%
ZIP 550452.8541.07.2%8.6%11.6%1988$1,31226.1%96.6%3.7%
ZIP 540252.6341.78.3%16.7%5.1%1999$1,27134.0%98.5%1.0%
ZIP 550132.6446.03.9%23.2%9.0%1991$1,45430.2%96.4%7.5%
ZIP 540012.2450.65.9%19.0%17.8%1982$1,01328.5%94.9%1.9%
ZIP 540172.6638.49.1%25.7%4.8%1990$1,30731.9%95.5%2.8%

All figures 2020–24.

Zip codes with similar populations: 45207, OH · 73165, OK · 72081, AR · 49740, MI · 48363, MI · 48350, MI · 48158, MI · 47429, IN · 47396, IN · 46783, IN

About these numbers

Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up ZIP 54020. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.

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