55301, MN Demographics

Population 15,067 · Census ACS 2020–24

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55301, MN map of median age by neighborhood
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Population and households in ZIP 55301

Household size in ZIP 55301

Household size, people per household
PeriodZIP 55301Minneapolis areaMinnesotaU.S.
2006–102.762.582.522.68
2010–143.082.612.542.73
2015–192.832.632.552.71
2020–242.992.582.522.65
Change+0.23−0.00+0.00−0.03
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ZIP 55301 is a place of big households: 2.99 people per home on average, compared with 2.65 nationally. Numbers like that usually point to plenty of families with kids. Household size has climbed from 2.76 in 2006–10, even as the national average fell. Of the 257 Minnesota ZIP codes with 5,000+ people, only ten have larger households.

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 55301

Median age, years
PeriodZIP 55301Minneapolis areaMinnesotaU.S.
2006–1030.136.837.937.7
2010–1431.137.838.938.6
2015–1934.538.639.639.6
2020–2435.039.240.040.1
Change+4.9+2.5+2.1+2.3
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With a median age of just 35.0, ZIP 55301 is far younger than the country as a whole (40.1), a population that tilts toward young families with children. Since 2006–10, the median age has climbed from 30.1, as it has nationally. Residents skew youngest in the north and oldest in the south.

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 55301

Single-parent households, % of households
PeriodZIP 55301Minneapolis areaMinnesotaU.S.
2006–1011.0%10.2%9.9%12.3%
2010–1413.8%10.6%10.2%12.3%
2015–197.1%9.9%9.7%11.6%
2020–248.8%9.8%9.6%11.6%
Change−2.2 pts−0.4 pts−0.3 pts−0.6 pts
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Single-parent households are less common in ZIP 55301 than nationally: 8.8%, against 11.6%. The Minneapolis area as a whole looks much the same. Since 2006–10, the single-parent share has fallen 2.2 points, a much bigger shift than nationally.

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 55301

Renters in ZIP 55301

Renters, % of occupied homes
PeriodZIP 55301Minneapolis areaMinnesotaU.S.
2006–1012.7%27.3%25.8%33.3%
2010–1411.6%29.6%27.9%35.6%
2015–1922.2%30.0%28.4%36.0%
2020–247.9%29.3%27.8%34.8%
Change−4.8 pts+2.0 pts+2.0 pts+1.5 pts
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Only 7.9% of households in ZIP 55301 rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Among homeowners, 18.9% have no mortgage at all, well below the national share of 39.8%. The renter share is down 4.8 points from 2006–10, even as the national share rose. Of the 257 Minnesota ZIP codes with 5,000+ people, only 11 have a lower share of renters.

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 55301

Vacant homes, % of all homes
PeriodZIP 55301Minneapolis areaMinnesotaU.S.
2006–104.2%7.0%9.2%11.4%
2010–143.5%6.2%9.0%11.4%
2015–192.5%5.5%8.7%11.1%
2020–243.7%5.7%8.3%9.6%
Change−0.6 pts−1.3 pts−0.9 pts−1.8 pts
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Only 3.7% of homes in ZIP 55301 are vacant, far below the national rate of 9.6%, which usually means strong demand for housing. Vacancy has edged down 0.6 points since 2006–10, a smaller shift than nationally. ZIP 55301 has a lower vacancy rate than at least four in five Minnesota ZIP codes.

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 55301

Age of homes, median year built
PeriodZIP 55301Minneapolis areaMinnesotaU.S.
2006–102002197519731974
2010–142001197619741975
2015–192002197719751977
2020–242005198019781980
Change+3+4+5+6
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Much of the housing in ZIP 55301 is relatively new: half of its homes were built after 2005, compared with 1980 for the U.S. as a whole. The median year built has moved up from 2002 in 2006–10, a sign of steady new building. The newest homes are mostly in the northeast, the oldest in the southeast. Of the 257 Minnesota ZIP codes with 5,000+ people, only six 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 55301

Rent, per month
PeriodZIP 55301Minneapolis areaMinnesotaU.S.
2006–10$1,180$1,007$882$965
2010–14$1,097$1,077$953$1,040
2015–19$1,159$1,258$1,099$1,213
2020–24$1,595$1,603$1,404$1,571
Change+$415+$597+$522+$606
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The median renter in ZIP 55301 pays $1,595 a month for rent and utilities, close to the national median of $1,571. Rent has climbed $415 a month since 2006–10, up 35%, a slower climb than the nation's. Rent takes 23.5% of the typical renter's income, comfortably under the 30% mark often used to define affordable rent. The priciest rents are in the south; the most affordable are in the northwest.

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 55301

Bachelor's degrees in ZIP 55301

Bachelor's degrees, % of adults 25+
PeriodZIP 55301Minneapolis areaMinnesotaU.S.
2006–1033.4%37.2%32.1%28.4%
2010–1437.4%39.1%33.7%29.6%
2015–1935.4%41.8%36.2%32.1%
2020–2445.8%45.4%39.6%35.6%
Change+12.4 pts+8.1 pts+7.4 pts+7.2 pts
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College graduates are unusually common in ZIP 55301: 45.8% of adults 25 and older have a bachelor's degree or higher, against 35.6% nationally. Education tends to track local incomes and the kinds of jobs nearby. Since 2006–10, the share with a degree has risen 12.4 points, mirroring the country.

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 55301

High school graduates, % of adults 25+
PeriodZIP 55301Minneapolis areaMinnesotaU.S.
2006–1094.7%92.4%91.4%84.9%
2010–1496.3%92.9%92.2%86.1%
2015–1997.3%93.5%93.0%87.7%
2020–2496.2%94.0%93.7%89.3%
Change+1.5 pts+1.6 pts+2.3 pts+4.3 pts
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High school completion is high in ZIP 55301: 96.2% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%. The share with a diploma is up 1.5 points from 2006–10, mirroring the country.

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 55301

Unemployment, % of the labor force
PeriodZIP 55301Minneapolis areaMinnesotaU.S.
2006–105.8%6.7%6.5%8.1%
2010–145.8%6.8%6.5%9.4%
2015–191.2%3.6%3.7%5.6%
2020–241.1%4.0%4.1%5.4%
Change−4.7 pts−2.7 pts−2.4 pts−2.7 pts
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The job market in ZIP 55301 has been strong: just 1.1% of the labor force was out of work and looking, well below the national rate of 5.4%. Of the 257 Minnesota ZIP codes with 5,000+ people, only eight have lower unemployment. Since 2006–10, unemployment has fallen 4.7 points, in line with the national trend.

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 55301 compared with nearby ZIP codes

ZIP codeHousehold sizeMedian ageSingle parentsRentersVacant homesMedian year builtMedian rentBachelor's degreeHigh school diplomaUnemployment
ZIP 553012.9935.08.8%7.9%3.7%2005$1,59545.8%96.2%1.1%
ZIP 553762.8836.59.6%10.3%3.3%1998$1,77344.1%98.2%2.9%
ZIP 553413.1136.87.9%5.6%4.3%2001$1,55452.7%98.8%1.6%
ZIP 553742.8739.39.6%12.3%3.4%2002$1,92952.1%97.1%1.3%
ZIP 553302.7438.67.6%16.1%6.9%1998$1,50735.5%94.3%1.7%
ZIP 553622.7536.810.0%26.3%2.6%1994$1,55326.2%90.9%2.4%
ZIP 553093.1035.715.2%10.5%6.7%1996$1,74631.2%95.7%3.1%
ZIP 553272.7043.37.7%5.5%3.3%2011$1,67938.4%95.7%2.0%
ZIP 553132.6541.39.8%20.4%5.1%1987$1,28632.6%95.0%4.9%
ZIP 553032.6341.011.4%24.3%4.5%1987$1,56931.7%95.8%4.1%
ZIP 553692.4541.35.9%24.2%4.8%1990$1,94553.4%96.9%3.2%

All figures 2020–24.

Zip codes with similar populations: 78405, TX · 27574, NC · 28206, NC · 29907, SC · 31501, GA · 32407, FL · 70814, LA · 74467, OK · 75762, TX · 77474, TX

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 55301. 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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