55420, MN Demographics

Population 24,277 · Census ACS 2020–24

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55420, MN map of median age by neighborhood
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Population and households in ZIP 55420

Household size in ZIP 55420

Household size, people per household
PeriodZIP 55420Minneapolis areaMinnesotaU.S.
2006–102.372.582.522.68
2010–142.432.612.542.73
2015–192.562.632.552.71
2020–242.762.582.522.65
Change+0.40−0.00+0.00−0.03
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Households in ZIP 55420 average 2.76 people, a bit above the national 2.65, so families with children are somewhat more common here. Household size has climbed from 2.37 in 2006–10, even as the national average fell. Households are largest in the center and smallest in the southeast.

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 55420

Median age, years
PeriodZIP 55420Minneapolis areaMinnesotaU.S.
2006–1039.236.837.937.7
2010–1439.637.838.938.6
2015–1939.638.639.639.6
2020–2439.139.240.040.1
Change−0.1+2.5+2.1+2.3
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Half of the people in ZIP 55420 are younger than 39.1 and half are older, close to the national median of 40.1. Residents skew youngest in the northeast 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 55420

Single-parent households, % of households
PeriodZIP 55420Minneapolis areaMinnesotaU.S.
2006–1011.0%10.2%9.9%12.3%
2010–1410.5%10.6%10.2%12.3%
2015–1912.6%9.9%9.7%11.6%
2020–2414.3%9.8%9.6%11.6%
Change+3.3 pts−0.4 pts−0.3 pts−0.6 pts
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Single parents head about one in seven households in ZIP 55420 (14.3%), above the national share of 11.6%. The single-parent share is up 3.3 points from 2006–10, even as the national share fell. Only 18 of the 257 Minnesota ZIP codes with 5,000+ people have a higher 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 55420

Renters in ZIP 55420

Renters, % of occupied homes
PeriodZIP 55420Minneapolis areaMinnesotaU.S.
2006–1033.5%27.3%25.8%33.3%
2010–1433.4%29.6%27.9%35.6%
2015–1936.2%30.0%28.4%36.0%
2020–2433.9%29.3%27.8%34.8%
Change+0.3 pts+2.0 pts+2.0 pts+1.5 pts
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About a third of households in ZIP 55420 rent their homes (33.9%), close to the national share of 34.8%. Renters make up a bigger share here than in the Minneapolis area as a whole (29.3%). Among owners, 35.3% have paid off their mortgages, below the national share of 39.8%. Renting is most common in the southwest and least common in the north.

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 55420

Vacant homes, % of all homes
PeriodZIP 55420Minneapolis areaMinnesotaU.S.
2006–106.0%7.0%9.2%11.4%
2010–145.2%6.2%9.0%11.4%
2015–195.6%5.5%8.7%11.1%
2020–245.8%5.7%8.3%9.6%
Change−0.2 pts−1.3 pts−0.9 pts−1.8 pts
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Vacancy is on the low side in ZIP 55420: 5.8% 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.

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 55420

Age of homes, median year built
PeriodZIP 55420Minneapolis areaMinnesotaU.S.
2006–101961197519731974
2010–141963197619741975
2015–191963197719751977
2020–241963198019781980
Change+2+4+5+6
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The housing in ZIP 55420 is old by national standards: the median home dates to 1963, against 1980 for the U.S., so buyers will find more older houses, some of them due for updates. Newer construction is concentrated in the southwest, while the north has the oldest housing. ZIP 55420 has older 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 55420

Rent, per month
PeriodZIP 55420Minneapolis areaMinnesotaU.S.
2006–10$915$1,007$882$965
2010–14$881$1,077$953$1,040
2015–19$1,115$1,258$1,099$1,213
2020–24$1,465$1,603$1,404$1,571
Change+$550+$597+$522+$606
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A typical rental in ZIP 55420 costs $1,465 a month with utilities, below the national median of $1,571. Rents are up $550 a month from 2006–10, a 60% jump, roughly in step with the nation. Rent takes 33.7% of the typical renter's income, well over the 30% mark often used to define affordable rent, so many renters here are stretched.

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 55420

Bachelor's degrees in ZIP 55420

Bachelor's degrees, % of adults 25+
PeriodZIP 55420Minneapolis areaMinnesotaU.S.
2006–1025.3%37.2%32.1%28.4%
2010–1425.4%39.1%33.7%29.6%
2015–1928.1%41.8%36.2%32.1%
2020–2433.7%45.4%39.6%35.6%
Change+8.4 pts+8.1 pts+7.4 pts+7.2 pts
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About a third of adults 25 and older in ZIP 55420 (33.7%) hold at least a bachelor's degree, close to the national share of 35.6%. The share is lower than in the wider Minneapolis area (45.4%). Since 2006–10, the share with a degree has risen 8.4 points, in line with the national trend.

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 55420

High school graduates, % of adults 25+
PeriodZIP 55420Minneapolis areaMinnesotaU.S.
2006–1088.9%92.4%91.4%84.9%
2010–1491.0%92.9%92.2%86.1%
2015–1987.1%93.5%93.0%87.7%
2020–2485.8%94.0%93.7%89.3%
Change−3.1 pts+1.6 pts+2.3 pts+4.3 pts
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About one in seven adults in ZIP 55420 never finished high school, more than nationally: 85.8% have a diploma or equivalent, against 89.3% across the U.S. Since 2006–10, the share with a diploma has fallen 3.1 points, even as the national rate rose. Of the 257 Minnesota ZIP codes with 5,000+ people, only 11 have a lower 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 55420

Unemployment, % of the labor force
PeriodZIP 55420Minneapolis areaMinnesotaU.S.
2006–107.6%6.7%6.5%8.1%
2010–1410.2%6.8%6.5%9.4%
2015–194.7%3.6%3.7%5.6%
2020–246.2%4.0%4.1%5.4%
Change−1.4 pts−2.7 pts−2.4 pts−2.7 pts
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Jobs have been a little harder to find in ZIP 55420 than nationally: unemployment was 6.2%, against 5.4%. Only 24 of the 257 Minnesota ZIP codes with 5,000+ people have higher unemployment. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's 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 55420 compared with nearby ZIP codes

ZIP codeHousehold sizeMedian ageSingle parentsRentersVacant homesMedian year builtMedian rentBachelor's degreeHigh school diplomaUnemployment
ZIP 554202.7639.114.3%33.9%5.8%1963$1,46533.7%85.8%6.2%
ZIP 554252.5834.914.5%64.9%7.0%1978$1,50831.6%87.4%8.0%
ZIP 554312.3146.56.7%32.6%4.6%1966$1,74949.7%93.8%4.4%
ZIP 554232.2541.37.4%38.4%4.9%1962$1,55143.2%91.1%5.7%
ZIP 554372.2346.14.8%30.2%4.4%1974$1,71456.8%98.2%2.9%
ZIP 554351.8750.35.3%52.3%8.2%1978$1,92761.7%96.8%7.0%
ZIP 551222.3440.78.9%31.2%2.8%1987$1,70449.3%95.5%5.5%
ZIP 553372.5337.510.2%36.0%2.8%1979$1,54638.0%93.3%6.0%
ZIP 554192.4940.07.3%17.4%4.9%1945$1,80775.8%98.5%4.8%
ZIP 554172.2741.08.3%16.0%7.4%1947$1,63064.8%95.4%3.5%
ZIP 554382.1544.55.6%22.2%7.6%1982$1,72456.1%98.0%2.6%

All figures 2020–24.

Zip codes with similar populations: 32726, FL · 00718, PR · 80237, CO · 44138, OH · 90272, CA · 33323, FL · 32836, FL · 32805, FL · 29169, SC · 29020, SC

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 55420. 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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