55401, MN Demographics

Population 11,413 · Census ACS 2020–24

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55401, MN map of median age by neighborhood
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Population and households in ZIP 55401

Household size in ZIP 55401

Household size, people per household
PeriodZIP 55401Minneapolis areaMinnesotaU.S.
2006–101.442.582.522.68
2010–141.542.612.542.73
2015–191.482.632.552.71
2020–241.422.582.522.65
Change−0.03−0.00+0.00−0.03
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Households in ZIP 55401 are small: just 1.42 people on average, compared with 2.65 nationally. That is typical of places where many people live alone or as couples, and fewer have children at home. No other Minnesota ZIP code with 5,000+ people has smaller 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 55401

Median age, years
PeriodZIP 55401Minneapolis areaMinnesotaU.S.
2006–1033.936.837.937.7
2010–1433.137.838.938.6
2015–1934.938.639.639.6
2020–2436.739.240.040.1
Change+2.8+2.5+2.1+2.3
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ZIP 55401 is younger than the country as a whole: its median age is 36.7, against 40.1 nationally. Since 2006–10, the median age has climbed from 33.9, mirroring the country. Residents skew youngest in the northwest and 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 55401

Single-parent households, % of households
PeriodZIP 55401Minneapolis areaMinnesotaU.S.
2006–102.4%10.2%9.9%12.3%
2010–141.9%10.6%10.2%12.3%
2015–191.9%9.9%9.7%11.6%
2020–242.5%9.8%9.6%11.6%
Change+0.1 pts−0.4 pts−0.3 pts−0.6 pts
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Single parents head only 2.5% of households in ZIP 55401, well below the national share of 11.6%. Only one other Minnesota ZIP code with 5,000+ people has a lower share of single-parent households.

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 55401

Renters in ZIP 55401

Renters, % of occupied homes
PeriodZIP 55401Minneapolis areaMinnesotaU.S.
2006–1050.6%27.3%25.8%33.3%
2010–1457.6%29.6%27.9%35.6%
2015–1964.7%30.0%28.4%36.0%
2020–2472.6%29.3%27.8%34.8%
Change+22.0 pts+2.0 pts+2.0 pts+1.5 pts
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Renters far outnumber owners in ZIP 55401: 72.6% of households rent their homes, against 34.8% nationally. Nearly half of owners (48.2%) have paid off their mortgages, above the national share of 39.8%. The renter share is up 22.0 points from 2006–10, a much bigger shift than nationally. Only eight of the 257 Minnesota ZIP codes with 5,000+ people have a higher 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 55401

Vacant homes, % of all homes
PeriodZIP 55401Minneapolis areaMinnesotaU.S.
2006–109.9%7.0%9.2%11.4%
2010–1412.4%6.2%9.0%11.4%
2015–198.4%5.5%8.7%11.1%
2020–249.9%5.7%8.3%9.6%
Change+0.1 pts−1.3 pts−0.9 pts−1.8 pts
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About as many homes sit empty in ZIP 55401 as nationally: 9.9%, against 9.6%. The rate is higher than in the Minneapolis area overall (5.7%).

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 55401

Age of homes, median year built
PeriodZIP 55401Minneapolis areaMinnesotaU.S.
2006–101992197519731974
2010–141991197619741975
2015–191996197719751977
2020–241997198019781980
Change+5+4+5+6
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ZIP 55401 has newer housing than the country as a whole: the median home was built in 1997, versus 1980 nationally. The median year built has moved up from 1992 in 2006–10, a sign of steady new building. Of the 257 Minnesota ZIP codes with 5,000+ people, only 22 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 55401

Rent, per month
PeriodZIP 55401Minneapolis areaMinnesotaU.S.
2006–10$1,086$1,007$882$965
2010–14$1,248$1,077$953$1,040
2015–19$1,662$1,258$1,099$1,213
2020–24$2,060$1,603$1,404$1,571
Change+$975+$597+$522+$606
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Rent in ZIP 55401 runs $2,060 a month at the median, utilities included, well above the U.S. median of $1,571. Rent has climbed $975 a month since 2006–10, up 90%, faster than rents rose nationally. Rent takes 24.6% of the typical renter's income, comfortably under the 30% mark often used to define affordable rent. The priciest rents are in the west; the most affordable are in the southeast.

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 55401

Bachelor's degrees in ZIP 55401

Bachelor's degrees, % of adults 25+
PeriodZIP 55401Minneapolis areaMinnesotaU.S.
2006–1064.3%37.2%32.1%28.4%
2010–1468.9%39.1%33.7%29.6%
2015–1972.3%41.8%36.2%32.1%
2020–2477.2%45.4%39.6%35.6%
Change+12.9 pts+8.1 pts+7.4 pts+7.2 pts
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College graduates are unusually common in ZIP 55401: 77.2% 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 12.9 points, in line with the national trend. Only four of the 257 Minnesota ZIP codes with 5,000+ people have a higher share of college graduates.

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 55401

High school graduates, % of adults 25+
PeriodZIP 55401Minneapolis areaMinnesotaU.S.
2006–1088.8%92.4%91.4%84.9%
2010–1493.3%92.9%92.2%86.1%
2015–1996.2%93.5%93.0%87.7%
2020–2499.0%94.0%93.7%89.3%
Change+10.3 pts+1.6 pts+2.3 pts+4.3 pts
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Finishing high school is nearly universal in ZIP 55401: 99.0% 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 10.3 points from 2006–10, as it has nationally. Only six of the 257 Minnesota ZIP codes with 5,000+ people have a higher share of high school graduates.

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 55401

Unemployment, % of the labor force
PeriodZIP 55401Minneapolis areaMinnesotaU.S.
2006–105.4%6.7%6.5%8.1%
2010–145.6%6.8%6.5%9.4%
2015–193.0%3.6%3.7%5.6%
2020–241.3%4.0%4.1%5.4%
Change−4.1 pts−2.7 pts−2.4 pts−2.7 pts
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Unemployment in ZIP 55401 has been low: just 1.3% 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 15 have lower unemployment. Unemployment has fallen 4.1 points since 2006–10, mirroring the country.

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 55401 compared with nearby ZIP codes

ZIP codeHousehold sizeMedian ageSingle parentsRentersVacant homesMedian year builtMedian rentBachelor's degreeHigh school diplomaUnemployment
ZIP 554011.4236.72.5%72.6%9.9%1997$2,06077.2%99.0%1.3%
ZIP 554021.4531.15.8%81.3%8.4%2004$1,82265.7%99.2%1.0%
ZIP 554151.6041.52.1%66.4%12.7%2009$2,18569.2%95.1%3.8%
ZIP 554131.9236.05.6%63.1%10.0%1967$1,70260.4%95.3%4.8%
ZIP 554031.4838.35.1%76.3%13.0%1962$1,33055.4%94.2%6.8%
ZIP 554542.0928.326.7%92.1%4.4%1972$84624.7%71.0%8.5%
ZIP 554042.1932.213.0%81.0%12.4%1968$1,08336.5%80.6%10.4%
ZIP 554052.1433.39.3%63.8%10.0%1947$1,34157.3%94.7%6.9%
ZIP 554113.0031.223.6%48.3%10.9%1949$1,43126.2%84.1%7.5%
ZIP 554142.3624.95.3%83.6%13.1%1986$1,49765.0%91.9%7.3%
ZIP 554552.0819.37.9%96.5%6.7%1997$1,46745.7%90.5%13.2%

All figures 2020–24.

Zip codes with similar populations: 02330, MA · 98550, WA · 95948, CA · 93923, CA · 90212, CA · 89179, NV · 81506, CO · 81082, CO · 76085, TX · 27944, NC

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 55401. 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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