Population 18,336 · Census ACS 2020–24
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Population and households in ZIP 55403
Household size in ZIP 55403
| Period | ZIP 55403 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 1.44 | 2.58 | 2.52 | 2.68 |
| 2010–14 | 1.43 | 2.61 | 2.54 | 2.73 |
| 2015–19 | 1.47 | 2.63 | 2.55 | 2.71 |
| 2020–24 | 1.48 | 2.58 | 2.52 | 2.65 |
| Change | +0.04 | −0.00 | +0.00 | −0.03 |
Households in ZIP 55403 are small: just 1.48 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. Household size has crept up from 1.44 in 2006–10, even as the national average fell. Only two of the 257 Minnesota ZIP codes with 5,000+ people have 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 55403
| Period | ZIP 55403 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 37.1 | 36.8 | 37.9 | 37.7 |
| 2010–14 | 35.9 | 37.8 | 38.9 | 38.6 |
| 2015–19 | 36.6 | 38.6 | 39.6 | 39.6 |
| 2020–24 | 38.3 | 39.2 | 40.0 | 40.1 |
| Change | +1.2 | +2.5 | +2.1 | +2.3 |
ZIP 55403 is a little younger than the country as a whole: its median age is 38.3, against 40.1 nationally. Since 2006–10, the median age has climbed from 37.1, in line with the national trend. Residents skew youngest in the north and oldest in the east.
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 55403
| Period | ZIP 55403 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 4.3% | 10.2% | 9.9% | 12.3% |
| 2010–14 | 3.4% | 10.6% | 10.2% | 12.3% |
| 2015–19 | 3.6% | 9.9% | 9.7% | 11.6% |
| 2020–24 | 5.1% | 9.8% | 9.6% | 11.6% |
| Change | +0.8 pts | −0.4 pts | −0.3 pts | −0.6 pts |
Single parents head only 5.1% of households in ZIP 55403, well below the national share of 11.6%. The single-parent share is up 0.8 points from 2006–10, even as the national share fell. Of the 257 Minnesota ZIP codes with 5,000+ people, only 19 have 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 55403
Renters in ZIP 55403
| Period | ZIP 55403 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 78.7% | 27.3% | 25.8% | 33.3% |
| 2010–14 | 78.0% | 29.6% | 27.9% | 35.6% |
| 2015–19 | 79.4% | 30.0% | 28.4% | 36.0% |
| 2020–24 | 76.3% | 29.3% | 27.8% | 34.8% |
| Change | −2.5 pts | +2.0 pts | +2.0 pts | +1.5 pts |
Most households in ZIP 55403 rent: 76.3% of occupied homes are rented, far above the national share of 34.8%. Expect more apartments, and more turnover, than in owner-heavy areas. About a third of owners (33.7%) have paid off their mortgages, below the national share of 39.8%. The renter share is down 2.5 points from 2006–10, even as the national share rose.
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 55403
| Period | ZIP 55403 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 12.7% | 7.0% | 9.2% | 11.4% |
| 2010–14 | 11.1% | 6.2% | 9.0% | 11.4% |
| 2015–19 | 9.0% | 5.5% | 8.7% | 11.1% |
| 2020–24 | 13.0% | 5.7% | 8.3% | 9.6% |
| Change | +0.3 pts | −1.3 pts | −0.9 pts | −1.8 pts |
Vacancy runs high in ZIP 55403: 13.0% of homes are empty, against 9.6% nationally. The count includes vacation homes and homes between owners or tenants, not just abandoned ones. ZIP 55403 has a higher vacancy rate than the great majority of 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 55403
| Period | ZIP 55403 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 1963 | 1975 | 1973 | 1974 |
| 2010–14 | 1962 | 1976 | 1974 | 1975 |
| 2015–19 | 1964 | 1977 | 1975 | 1977 |
| 2020–24 | 1962 | 1980 | 1978 | 1980 |
| Change | −1 | +4 | +5 | +6 |
ZIP 55403 is a place of older homes: half were built before 1962, while the national median is 1980. That means established neighborhoods, and more houses that may need updating. Newer construction is concentrated in the north, while the west 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 55403
| Period | ZIP 55403 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | $870 | $1,007 | $882 | $965 |
| 2010–14 | $887 | $1,077 | $953 | $1,040 |
| 2015–19 | $1,112 | $1,258 | $1,099 | $1,213 |
| 2020–24 | $1,330 | $1,603 | $1,404 | $1,571 |
| Change | +$459 | +$597 | +$522 | +$606 |
A typical rental in ZIP 55403 costs $1,330 a month with utilities, below the national median of $1,571. Rents are up $459 a month from 2006–10, a 53% rise, a slower climb than the nation's. The typical renter here spends 31.0% of household income on rent, just over the 30% mark often used to define affordable rent. Rents run highest in the west and lowest in the east.
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 55403
Bachelor's degrees in ZIP 55403
| Period | ZIP 55403 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 57.4% | 37.2% | 32.1% | 28.4% |
| 2010–14 | 59.8% | 39.1% | 33.7% | 29.6% |
| 2015–19 | 59.9% | 41.8% | 36.2% | 32.1% |
| 2020–24 | 55.4% | 45.4% | 39.6% | 35.6% |
| Change | −2.0 pts | +8.1 pts | +7.4 pts | +7.2 pts |
College graduates are unusually common in ZIP 55403: 55.4% 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. The share with a degree is down 2.0 points from 2006–10, even as the national share rose.
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 55403
| Period | ZIP 55403 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 93.7% | 92.4% | 91.4% | 84.9% |
| 2010–14 | 95.6% | 92.9% | 92.2% | 86.1% |
| 2015–19 | 96.5% | 93.5% | 93.0% | 87.7% |
| 2020–24 | 94.2% | 94.0% | 93.7% | 89.3% |
| Change | +0.6 pts | +1.6 pts | +2.3 pts | +4.3 pts |
High school completion in ZIP 55403 is above the national rate: 94.2% of adults have a diploma or equivalent, against 89.3%. That is in line with the rest of the Minneapolis area. The share with a diploma has edged up 0.6 points since 2006–10, a smaller shift than nationally.
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 55403
| Period | ZIP 55403 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 5.2% | 6.7% | 6.5% | 8.1% |
| 2010–14 | 7.9% | 6.8% | 6.5% | 9.4% |
| 2015–19 | 4.1% | 3.6% | 3.7% | 5.6% |
| 2020–24 | 6.8% | 4.0% | 4.1% | 5.4% |
| Change | +1.6 pts | −2.7 pts | −2.4 pts | −2.7 pts |
Unemployment runs high in ZIP 55403: 6.8% of the labor force was out of work and looking, against 5.4% nationally. Only 20 of the 257 Minnesota ZIP codes with 5,000+ people have higher unemployment. Unemployment has risen 1.6 points since 2006–10, even as the national rate fell.
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 55403 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 55403 | 1.48 | 38.3 | 5.1% | 76.3% | 13.0% | 1962 | $1,330 | 55.4% | 94.2% | 6.8% |
| ZIP 55405 | 2.14 | 33.3 | 9.3% | 63.8% | 10.0% | 1947 | $1,341 | 57.3% | 94.7% | 6.9% |
| ZIP 55402 | 1.45 | 31.1 | 5.8% | 81.3% | 8.4% | 2004 | $1,822 | 65.7% | 99.2% | 1.0% |
| ZIP 55404 | 2.19 | 32.2 | 13.0% | 81.0% | 12.4% | 1968 | $1,083 | 36.5% | 80.6% | 10.4% |
| ZIP 55401 | 1.42 | 36.7 | 2.5% | 72.6% | 9.9% | 1997 | $2,060 | 77.2% | 99.0% | 1.3% |
| ZIP 55415 | 1.60 | 41.5 | 2.1% | 66.4% | 12.7% | 2009 | $2,185 | 69.2% | 95.1% | 3.8% |
| ZIP 55408 | 1.93 | 31.2 | 7.3% | 76.6% | 6.9% | 1961 | $1,374 | 54.4% | 90.7% | 8.2% |
| ZIP 55454 | 2.09 | 28.3 | 26.7% | 92.1% | 4.4% | 1972 | $846 | 24.7% | 71.0% | 8.5% |
| ZIP 55411 | 3.00 | 31.2 | 23.6% | 48.3% | 10.9% | 1949 | $1,431 | 26.2% | 84.1% | 7.5% |
| ZIP 55413 | 1.92 | 36.0 | 5.6% | 63.1% | 10.0% | 1967 | $1,702 | 60.4% | 95.3% | 4.8% |
| ZIP 55455 | 2.08 | 19.3 | 7.9% | 96.5% | 6.7% | 1997 | $1,467 | 45.7% | 90.5% | 13.2% |
All figures 2020–24.
Zip codes with similar populations: 11362, NY · 21108, MD · 22066, VA · 19363, PA · 15644, PA · 15220, PA · 14760, NY · 27592, NC · 88081, NM · 88130, NM
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 55403. 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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