Population 20,674 · Census ACS 2020–24
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Population and households in ZIP 55362
Household size in ZIP 55362
| Period | ZIP 55362 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.75 | 2.58 | 2.52 | 2.68 |
| 2010–14 | 2.83 | 2.61 | 2.54 | 2.73 |
| 2015–19 | 2.75 | 2.63 | 2.55 | 2.71 |
| 2020–24 | 2.75 | 2.58 | 2.52 | 2.65 |
| Change | −0.00 | −0.00 | +0.00 | −0.03 |
The typical household in ZIP 55362 holds 2.75 people, slightly more than the U.S. average of 2.65. Households are largest in the west and smallest in the north.
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 55362
| Period | ZIP 55362 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 31.8 | 36.8 | 37.9 | 37.7 |
| 2010–14 | 34.5 | 37.8 | 38.9 | 38.6 |
| 2015–19 | 35.9 | 38.6 | 39.6 | 39.6 |
| 2020–24 | 36.8 | 39.2 | 40.0 | 40.1 |
| Change | +4.9 | +2.5 | +2.1 | +2.3 |
The median resident of ZIP 55362 is 36.8 years old, a few years younger than the national median of 40.1. Since 2006–10, the median age has climbed from 31.8, mirroring the country. Residents skew youngest in the southeast and oldest in the northwest.
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 55362
| Period | ZIP 55362 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 9.3% | 10.2% | 9.9% | 12.3% |
| 2010–14 | 12.8% | 10.6% | 10.2% | 12.3% |
| 2015–19 | 11.0% | 9.9% | 9.7% | 11.6% |
| 2020–24 | 10.0% | 9.8% | 9.6% | 11.6% |
| Change | +0.6 pts | −0.4 pts | −0.3 pts | −0.6 pts |
Single parents head about one in ten households in ZIP 55362 (10.0%), a little below the national share of 11.6%. The picture is much the same across the Minneapolis area. Since 2006–10, the single-parent share has edged up 0.6 points, 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 55362
Renters in ZIP 55362
| Period | ZIP 55362 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 19.6% | 27.3% | 25.8% | 33.3% |
| 2010–14 | 19.4% | 29.6% | 27.9% | 35.6% |
| 2015–19 | 23.0% | 30.0% | 28.4% | 36.0% |
| 2020–24 | 26.3% | 29.3% | 27.8% | 34.8% |
| Change | +6.7 pts | +2.0 pts | +2.0 pts | +1.5 pts |
Most households in ZIP 55362 own their homes; 26.3% rent, below the national share of 34.8%. Among homeowners, 33.0% have no mortgage at all, below the national share of 39.8%. The renter share is up 6.7 points from 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 55362
| Period | ZIP 55362 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 7.6% | 7.0% | 9.2% | 11.4% |
| 2010–14 | 5.3% | 6.2% | 9.0% | 11.4% |
| 2015–19 | 2.7% | 5.5% | 8.7% | 11.1% |
| 2020–24 | 2.6% | 5.7% | 8.3% | 9.6% |
| Change | −5.1 pts | −1.3 pts | −0.9 pts | −1.8 pts |
Only 2.6% of homes in ZIP 55362 are vacant, far below the national rate of 9.6%, which usually means strong demand for housing. Since 2006–10, vacancy has fallen 5.1 points, in line with the national trend. Only six of the 257 Minnesota ZIP codes with 5,000+ people have a lower vacancy rate.
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 55362
| Period | ZIP 55362 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 1991 | 1975 | 1973 | 1974 |
| 2010–14 | 1992 | 1976 | 1974 | 1975 |
| 2015–19 | 1993 | 1977 | 1975 | 1977 |
| 2020–24 | 1994 | 1980 | 1978 | 1980 |
| Change | +3 | +4 | +5 | +6 |
ZIP 55362 has newer housing than the country as a whole: the median home was built in 1994, versus 1980 nationally. The newest homes are mostly in the south, the oldest in the northwest. ZIP 55362 has newer homes than at least four in five Minnesota ZIP codes.
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 55362
| Period | ZIP 55362 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | $983 | $1,007 | $882 | $965 |
| 2010–14 | $1,214 | $1,077 | $953 | $1,040 |
| 2015–19 | $1,213 | $1,258 | $1,099 | $1,213 |
| 2020–24 | $1,553 | $1,603 | $1,404 | $1,571 |
| Change | +$570 | +$597 | +$522 | +$606 |
A typical rental in ZIP 55362 costs $1,553 a month with utilities, close to the national median of $1,571. Rents are up $570 a month from 2006–10, a 58% rise, a slower climb than the nation's. Rent takes 30.6% of the typical renter's income, just over the 30% mark often used to define affordable rent. Rents run highest in the southeast and lowest in the north.
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 55362
Bachelor's degrees in ZIP 55362
| Period | ZIP 55362 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 22.6% | 37.2% | 32.1% | 28.4% |
| 2010–14 | 28.6% | 39.1% | 33.7% | 29.6% |
| 2015–19 | 22.5% | 41.8% | 36.2% | 32.1% |
| 2020–24 | 26.2% | 45.4% | 39.6% | 35.6% |
| Change | +3.6 pts | +8.1 pts | +7.4 pts | +7.2 pts |
College degrees are less common in ZIP 55362 than nationally: 26.2% of adults 25 and older have a bachelor's or higher, against 35.6%. The share with a degree is up 3.6 points from 2006–10, as it has nationally. College graduates are most concentrated in the southeast and least in the center.
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 55362
| Period | ZIP 55362 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 92.4% | 92.4% | 91.4% | 84.9% |
| 2010–14 | 94.9% | 92.9% | 92.2% | 86.1% |
| 2015–19 | 91.6% | 93.5% | 93.0% | 87.7% |
| 2020–24 | 90.9% | 94.0% | 93.7% | 89.3% |
| Change | −1.5 pts | +1.6 pts | +2.3 pts | +4.3 pts |
About nine in ten adults in ZIP 55362 have finished high school (90.9%), a bit above the national rate of 89.3%. Locally, though, the rate is lower than in the Minneapolis area overall (94.0%). The share with a diploma has fallen 1.5 points since 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 55362
| Period | ZIP 55362 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 6.2% | 6.7% | 6.5% | 8.1% |
| 2010–14 | 5.4% | 6.8% | 6.5% | 9.4% |
| 2015–19 | 3.1% | 3.6% | 3.7% | 5.6% |
| 2020–24 | 2.4% | 4.0% | 4.1% | 5.4% |
| Change | −3.7 pts | −2.7 pts | −2.4 pts | −2.7 pts |
Unemployment in ZIP 55362 has been low: just 2.4% of the labor force was out of work and looking, well below the national rate of 5.4%. Unemployment is down 3.7 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 55362 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 55362 | 2.75 | 36.8 | 10.0% | 26.3% | 2.6% | 1994 | $1,553 | 26.2% | 90.9% | 2.4% |
| ZIP 55309 | 3.10 | 35.7 | 15.2% | 10.5% | 6.7% | 1996 | $1,746 | 31.2% | 95.7% | 3.1% |
| ZIP 55301 | 2.99 | 35.0 | 8.8% | 7.9% | 3.7% | 2005 | $1,595 | 45.8% | 96.2% | 1.1% |
| ZIP 55313 | 2.65 | 41.3 | 9.8% | 20.4% | 5.1% | 1987 | $1,286 | 32.6% | 95.0% | 4.9% |
| ZIP 55376 | 2.88 | 36.5 | 9.6% | 10.3% | 3.3% | 1998 | $1,773 | 44.1% | 98.2% | 2.9% |
| ZIP 55330 | 2.74 | 38.6 | 7.6% | 16.1% | 6.9% | 1998 | $1,507 | 35.5% | 94.3% | 1.7% |
| ZIP 55358 | 2.63 | 42.3 | 5.0% | 11.8% | 12.7% | 1979 | $941 | 25.2% | 94.7% | 3.1% |
| ZIP 55341 | 3.11 | 36.8 | 7.9% | 5.6% | 4.3% | 2001 | $1,554 | 52.7% | 98.8% | 1.6% |
| ZIP 55374 | 2.87 | 39.3 | 9.6% | 12.3% | 3.4% | 2002 | $1,929 | 52.1% | 97.1% | 1.3% |
| ZIP 55320 | 2.63 | 38.2 | 7.0% | 17.0% | 7.7% | 1993 | $1,151 | 27.8% | 96.8% | 3.1% |
| ZIP 55302 | 2.63 | 42.5 | 7.8% | 10.5% | 19.3% | 1977 | $1,266 | 29.0% | 95.2% | 2.9% |
All figures 2020–24.
Zip codes with similar populations: 54937, WI · 74019, OK · 44113, OH · 44654, OH · 48094, MI · 53224, WI · 54501, WI · 55102, MN · 55309, MN · 60403, IL
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 55362. 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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