55306, MN Demographics

Population 16,792 · Census ACS 2020–24

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55306, MN map of median age by neighborhood
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Population and households in ZIP 55306

Household size in ZIP 55306

Household size, people per household
PeriodZIP 55306Minneapolis areaMinnesotaU.S.
2006–102.492.582.522.68
2010–142.542.612.542.73
2015–192.582.632.552.71
2020–242.612.582.522.65
Change+0.12−0.00+0.00−0.03
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At 2.61 people per household, ZIP 55306 sits close to the national average of 2.65. Household size has climbed from 2.49 in 2006–10, even as the national average fell. The biggest households, usually families with children, are concentrated in the west.

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 55306

Median age, years
PeriodZIP 55306Minneapolis areaMinnesotaU.S.
2006–1037.336.837.937.7
2010–1438.337.838.938.6
2015–1939.938.639.639.6
2020–2439.239.240.040.1
Change+1.9+2.5+2.1+2.3
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At 39.2, the median age in ZIP 55306 is close to the national median of 40.1, so its age mix looks much like the country's. The median age has climbed from 37.3 in 2006–10, as it has nationally. The youngest areas are in the northwest, the oldest in the southeast.

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 55306

Single-parent households, % of households
PeriodZIP 55306Minneapolis areaMinnesotaU.S.
2006–1013.7%10.2%9.9%12.3%
2010–1410.2%10.6%10.2%12.3%
2015–1912.3%9.9%9.7%11.6%
2020–2411.6%9.8%9.6%11.6%
Change−2.1 pts−0.4 pts−0.3 pts−0.6 pts
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Single-parent households are just as common in ZIP 55306 as they are nationally: 11.6%. Single parents are more common here than in the Minneapolis area overall (9.8%). The single-parent share is down 2.1 points from 2006–10, 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 55306

Renters in ZIP 55306

Renters, % of occupied homes
PeriodZIP 55306Minneapolis areaMinnesotaU.S.
2006–1027.3%27.3%25.8%33.3%
2010–1431.3%29.6%27.9%35.6%
2015–1934.8%30.0%28.4%36.0%
2020–2433.4%29.3%27.8%34.8%
Change+6.1 pts+2.0 pts+2.0 pts+1.5 pts
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Renting in ZIP 55306 is about as common as it is nationally: 33.4% of households rent, against 34.8%. Renters make up a bigger share here than in the Minneapolis area overall (29.3%). About four in ten owners (39.0%) have paid off their mortgages, about the same as nationally. The renter share has risen 6.1 points since 2006–10, a much bigger shift than nationally.

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 55306

Vacant homes, % of all homes
PeriodZIP 55306Minneapolis areaMinnesotaU.S.
2006–104.2%7.0%9.2%11.4%
2010–145.7%6.2%9.0%11.4%
2015–197.4%5.5%8.7%11.1%
2020–246.4%5.7%8.3%9.6%
Change+2.2 pts−1.3 pts−0.9 pts−1.8 pts
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Vacancy is on the low side in ZIP 55306: 6.4% of homes sit empty, against 9.6% nationally, which points to steady demand for housing. The picture is much the same across the Minneapolis area. Vacancy is up 2.2 points from 2006–10, even as the national rate fell.

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 55306

Age of homes, median year built
PeriodZIP 55306Minneapolis areaMinnesotaU.S.
2006–101986197519731974
2010–141987197619741975
2015–191987197719751977
2020–241988198019781980
Change+2+4+5+6
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ZIP 55306 has newer housing than the country as a whole: the median home was built in 1988, versus 1980 nationally. Newer construction is concentrated in the north, while the southeast has the oldest housing.

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 55306

Rent, per month
PeriodZIP 55306Minneapolis areaMinnesotaU.S.
2006–10$934$1,007$882$965
2010–14$1,237$1,077$953$1,040
2015–19$1,375$1,258$1,099$1,213
2020–24$1,615$1,603$1,404$1,571
Change+$681+$597+$522+$606
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The median renter in ZIP 55306 pays $1,615 a month for rent and utilities, close to the national median of $1,571. Rent has climbed $681 a month since 2006–10, up 73%, faster than rents rose nationally. Rent takes 28.5% of the typical renter's income, just under the 30% mark often used to define affordable rent. The priciest rents are in the southeast; the most affordable are in the west.

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 55306

Bachelor's degrees in ZIP 55306

Bachelor's degrees, % of adults 25+
PeriodZIP 55306Minneapolis areaMinnesotaU.S.
2006–1037.9%37.2%32.1%28.4%
2010–1433.9%39.1%33.7%29.6%
2015–1940.8%41.8%36.2%32.1%
2020–2441.8%45.4%39.6%35.6%
Change+3.9 pts+8.1 pts+7.4 pts+7.2 pts
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College degrees are a bit more common in ZIP 55306 than nationally: 41.8% of adults 25 and older have a bachelor's or higher, against 35.6%. Locally, though, the share is lower than in the Minneapolis area as a whole (45.4%). The share with a degree is up 3.9 points from 2006–10, 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 55306

High school graduates, % of adults 25+
PeriodZIP 55306Minneapolis areaMinnesotaU.S.
2006–1091.8%92.4%91.4%84.9%
2010–1494.7%92.9%92.2%86.1%
2015–1990.7%93.5%93.0%87.7%
2020–2490.0%94.0%93.7%89.3%
Change−1.8 pts+1.6 pts+2.3 pts+4.3 pts
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About as many adults in ZIP 55306 have finished high school as nationally: 90.0%, against 89.3%. The rate is lower than in the Minneapolis area overall (94.0%). The share with a diploma is down 1.8 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 55306

Unemployment, % of the labor force
PeriodZIP 55306Minneapolis areaMinnesotaU.S.
2006–107.7%6.7%6.5%8.1%
2010–148.2%6.8%6.5%9.4%
2015–195.8%3.6%3.7%5.6%
2020–242.5%4.0%4.1%5.4%
Change−5.2 pts−2.7 pts−2.4 pts−2.7 pts
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The job market in ZIP 55306 has been strong: just 2.5% of the labor force was out of work and looking, well below the national rate of 5.4%. Unemployment is down 5.2 points from 2006–10, mirroring the country. 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 55306 compared with nearby ZIP codes

ZIP codeHousehold sizeMedian ageSingle parentsRentersVacant homesMedian year builtMedian rentBachelor's degreeHigh school diplomaUnemployment
ZIP 553062.6139.211.6%33.4%6.4%1988$1,61541.8%90.0%2.5%
ZIP 553372.5337.510.2%36.0%2.8%1979$1,54638.0%93.3%6.0%
ZIP 553782.8139.68.3%14.6%2.6%1996$1,86253.4%96.3%5.4%
ZIP 550442.9437.87.8%12.1%3.9%2001$2,02653.7%97.1%2.2%
ZIP 551242.6839.611.9%26.4%3.0%1990$1,73145.8%93.5%3.2%
ZIP 553722.8540.76.2%10.8%4.1%1996$1,85051.3%97.2%1.6%
ZIP 554312.3146.56.7%32.6%4.6%1966$1,74949.7%93.8%4.4%
ZIP 551222.3440.78.9%31.2%2.8%1987$1,70449.3%95.5%5.5%
ZIP 554372.2346.14.8%30.2%4.4%1974$1,71456.8%98.2%2.9%
ZIP 554202.7639.114.3%33.9%5.8%1963$1,46533.7%85.8%6.2%
ZIP 550682.8239.49.5%13.0%3.5%1995$1,66448.6%97.0%3.0%

All figures 2020–24.

Zip codes with similar populations: 03246, NH · 07001, NJ · 07646, NJ · 10606, NY · 56304, MN · 68505, NE · 68504, NE · 66202, KS · 64056, MO · 63050, MO

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 55306. 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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