Population 4,327 · Census ACS 2020–24
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Population and households in ZIP 55020
Household size in ZIP 55020
| Period | ZIP 55020 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.95 | 2.58 | 2.52 | 2.68 |
| 2010–14 | 3.06 | 2.61 | 2.54 | 2.73 |
| 2015–19 | 3.24 | 2.63 | 2.55 | 2.71 |
| 2020–24 | 3.01 | 2.58 | 2.52 | 2.65 |
| Change | +0.06 | −0.00 | +0.00 | −0.03 |
ZIP 55020 is a place of big households: 3.01 people per home on average, compared with 2.65 nationally. Numbers like that usually point to plenty of families with kids.
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 55020
| Period | ZIP 55020 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 34.4 | 36.8 | 37.9 | 37.7 |
| 2010–14 | 35.6 | 37.8 | 38.9 | 38.6 |
| 2015–19 | 34.8 | 38.6 | 39.6 | 39.6 |
| 2020–24 | 39.6 | 39.2 | 40.0 | 40.1 |
| Change | +5.2 | +2.5 | +2.1 | +2.3 |
Half of the people in ZIP 55020 are younger than 39.6 and half are older, close to the national median of 40.1. Since 2006–10, the median age has climbed from 34.4, but in a place this small, survey estimates can swing a lot from one release to the next.
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 55020
| Period | ZIP 55020 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 3.6% | 10.2% | 9.9% | 12.3% |
| 2010–14 | 7.2% | 10.6% | 10.2% | 12.3% |
| 2015–19 | 4.6% | 9.9% | 9.7% | 11.6% |
| 2020–24 | 7.2% | 9.8% | 9.6% | 11.6% |
| Change | +3.6 pts | −0.4 pts | −0.3 pts | −0.6 pts |
Single parents head only 7.2% of households in ZIP 55020, well below the national share of 11.6%.
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 55020
Renters in ZIP 55020
| Period | ZIP 55020 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 3.5% | 27.3% | 25.8% | 33.3% |
| 2010–14 | 10.1% | 29.6% | 27.9% | 35.6% |
| 2015–19 | 3.5% | 30.0% | 28.4% | 36.0% |
| 2020–24 | 1.1% | 29.3% | 27.8% | 34.8% |
| Change | −2.4 pts | +2.0 pts | +2.0 pts | +1.5 pts |
Only 1.1% of households in ZIP 55020 rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Just over one in six owners (18.0%) have paid off their mortgages, well below the national share of 39.8%.
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 55020
| Period | ZIP 55020 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 8.7% | 7.0% | 9.2% | 11.4% |
| 2010–14 | 5.5% | 6.2% | 9.0% | 11.4% |
| 2015–19 | 2.9% | 5.5% | 8.7% | 11.1% |
| 2020–24 | 5.5% | 5.7% | 8.3% | 9.6% |
| Change | −3.2 pts | −1.3 pts | −0.9 pts | −1.8 pts |
Empty homes are scarce in ZIP 55020: just 5.5% sit vacant, compared with 9.6% nationally, a sign of a tight housing market. The Minneapolis area as a whole looks much the same.
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 55020
| Period | ZIP 55020 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 1995 | 1975 | 1973 | 1974 |
| 2010–14 | 1996 | 1976 | 1974 | 1975 |
| 2015–19 | 2000 | 1977 | 1975 | 1977 |
| 2020–24 | 1994 | 1980 | 1978 | 1980 |
| Change | −1 | +4 | +5 | +6 |
ZIP 55020 has newer housing than the country as a whole: the median home was built in 1994, versus 1980 nationally.
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 55020
| Period | ZIP 55020 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | $1,303 | $1,007 | $882 | $965 |
| 2010–14 | $1,247 | $1,077 | $953 | $1,040 |
| 2015–19 | $940 | $1,258 | $1,099 | $1,213 |
| 2020–24 | $2,071 | $1,603 | $1,404 | $1,571 |
| Change | +$769 | +$597 | +$522 | +$606 |
A typical rental in ZIP 55020 costs $2,071 a month with utilities, well above the national median of $1,571. Rent takes 24.3% of the typical renter's income, comfortably under the 30% mark often used to define affordable rent.
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 55020
Bachelor's degrees in ZIP 55020
| Period | ZIP 55020 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 31.1% | 37.2% | 32.1% | 28.4% |
| 2010–14 | 38.9% | 39.1% | 33.7% | 29.6% |
| 2015–19 | 44.2% | 41.8% | 36.2% | 32.1% |
| 2020–24 | 40.6% | 45.4% | 39.6% | 35.6% |
| Change | +9.5 pts | +8.1 pts | +7.4 pts | +7.2 pts |
About four in ten adults 25 and older in ZIP 55020 (40.6%) have a bachelor's degree or higher, a bit above the national share of 35.6%. Even so, the share is lower than in the Minneapolis area overall (45.4%).
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 55020
| Period | ZIP 55020 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 94.6% | 92.4% | 91.4% | 84.9% |
| 2010–14 | 99.0% | 92.9% | 92.2% | 86.1% |
| 2015–19 | 96.4% | 93.5% | 93.0% | 87.7% |
| 2020–24 | 97.3% | 94.0% | 93.7% | 89.3% |
| Change | +2.7 pts | +1.6 pts | +2.3 pts | +4.3 pts |
Finishing high school is nearly universal in ZIP 55020: 97.3% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%.
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 55020
| Period | ZIP 55020 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 4.7% | 6.7% | 6.5% | 8.1% |
| 2010–14 | 3.9% | 6.8% | 6.5% | 9.4% |
| 2015–19 | 1.3% | 3.6% | 3.7% | 5.6% |
| 2020–24 | 1.4% | 4.0% | 4.1% | 5.4% |
| Change | −3.3 pts | −2.7 pts | −2.4 pts | −2.7 pts |
Unemployment in ZIP 55020 has been low: just 1.4% of the labor force was out of work and looking, well below the national rate of 5.4%. 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 55020 compared with nearby ZIP codes
| ZIP code | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| ZIP 55020 | 3.01 | 39.6 | 7.2% | 1.1% | 5.5% | 1994 | $2,071 | 40.6% | 97.3% | 1.4% |
| ZIP 55054 | 3.22 | 32.7 | 5.2% | 7.8% | 9.4% | 2005 | $2,200 | 45.4% | 94.9% | 0.0% |
| ZIP 55088 | 2.97 | 41.9 | 4.2% | 2.0% | 8.6% | 1986 | $1,245 | 32.9% | 95.3% | 4.1% |
| ZIP 55046 | 2.88 | 35.0 | 9.0% | 8.2% | 5.3% | 1989 | $887 | 26.0% | 96.7% | 2.4% |
| ZIP 55044 | 2.94 | 37.8 | 7.8% | 12.1% | 3.9% | 2001 | $2,026 | 53.7% | 97.1% | 2.2% |
| ZIP 56071 | 2.74 | 40.4 | 9.3% | 16.4% | 6.3% | 1990 | $1,308 | 32.8% | 97.2% | 3.3% |
| ZIP 55024 | 2.96 | 36.3 | 11.0% | 11.4% | 4.0% | 1997 | $1,665 | 40.4% | 94.5% | 2.7% |
| ZIP 55057 | 2.44 | 38.9 | 7.1% | 25.4% | 6.7% | 1976 | $1,291 | 50.9% | 96.7% | 4.0% |
| ZIP 55019 | 2.85 | 41.5 | 3.9% | 2.3% | 3.6% | 1997 | $1,832 | 41.6% | 97.5% | 9.2% |
| ZIP 56069 | 2.45 | 39.1 | 10.3% | 19.5% | 6.8% | 1967 | $1,047 | 17.3% | 94.6% | 3.2% |
| ZIP 55352 | 3.02 | 37.7 | 12.6% | 14.4% | 4.8% | 1983 | $1,213 | 27.4% | 92.1% | 2.6% |
All figures 2020–24.
Zip codes with similar populations: 37310, TN · 80807, CO · 34201, FL · 35014, AL · 80645, CO · 35452, AL · 80443, CO · 80135, CO · 36445, AL · 32950, FL
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 55020. 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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