Population 36,784 · Census ACS 2020–24
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Population and households in ZIP 55423
Household size in ZIP 55423
| Period | ZIP 55423 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.36 | 2.58 | 2.52 | 2.68 |
| 2010–14 | 2.48 | 2.61 | 2.54 | 2.73 |
| 2015–19 | 2.45 | 2.63 | 2.55 | 2.71 |
| 2020–24 | 2.25 | 2.58 | 2.52 | 2.65 |
| Change | −0.11 | −0.00 | +0.00 | −0.03 |
Households in ZIP 55423 are small: just 2.25 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 dropped from 2.36 in 2006–10, a much bigger shift than nationally.
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 55423
| Period | ZIP 55423 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 37.6 | 36.8 | 37.9 | 37.7 |
| 2010–14 | 39.0 | 37.8 | 38.9 | 38.6 |
| 2015–19 | 38.9 | 38.6 | 39.6 | 39.6 |
| 2020–24 | 41.3 | 39.2 | 40.0 | 40.1 |
| Change | +3.7 | +2.5 | +2.1 | +2.3 |
At 41.3, the median age in ZIP 55423 is close to the national median of 40.1, so its age mix looks much like the country's. The population here is older than in the Minneapolis area overall, where the median age is 39.2. Since 2006–10, the median age has climbed from 37.6, mirroring the country.
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 55423
| Period | ZIP 55423 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 10.6% | 10.2% | 9.9% | 12.3% |
| 2010–14 | 10.6% | 10.6% | 10.2% | 12.3% |
| 2015–19 | 8.9% | 9.9% | 9.7% | 11.6% |
| 2020–24 | 7.4% | 9.8% | 9.6% | 11.6% |
| Change | −3.2 pts | −0.4 pts | −0.3 pts | −0.6 pts |
Single-parent households are relatively rare in ZIP 55423: 7.4% of households, against 11.6% nationally. The single-parent share is down 3.2 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 55423
Renters in ZIP 55423
| Period | ZIP 55423 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 34.2% | 27.3% | 25.8% | 33.3% |
| 2010–14 | 36.5% | 29.6% | 27.9% | 35.6% |
| 2015–19 | 39.7% | 30.0% | 28.4% | 36.0% |
| 2020–24 | 38.4% | 29.3% | 27.8% | 34.8% |
| Change | +4.3 pts | +2.0 pts | +2.0 pts | +1.5 pts |
Nearly four in ten households in ZIP 55423 rent their homes (38.4%), a bit above the national share of 34.8%. Just over a third of owners (34.4%) have paid off their mortgages, below the national share of 39.8%. The renter share has risen 4.3 points since 2006–10, mirroring the country.
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 55423
| Period | ZIP 55423 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 6.4% | 7.0% | 9.2% | 11.4% |
| 2010–14 | 5.6% | 6.2% | 9.0% | 11.4% |
| 2015–19 | 4.8% | 5.5% | 8.7% | 11.1% |
| 2020–24 | 4.9% | 5.7% | 8.3% | 9.6% |
| Change | −1.4 pts | −1.3 pts | −0.9 pts | −1.8 pts |
Only 4.9% of homes in ZIP 55423 are vacant, far below the national rate of 9.6%, which usually means strong demand for housing. The picture is much the same across the Minneapolis area. Since 2006–10, vacancy has edged down 1.4 points, as it has nationally.
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 55423
| Period | ZIP 55423 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 1958 | 1975 | 1973 | 1974 |
| 2010–14 | 1960 | 1976 | 1974 | 1975 |
| 2015–19 | 1960 | 1977 | 1975 | 1977 |
| 2020–24 | 1962 | 1980 | 1978 | 1980 |
| Change | +3 | +4 | +5 | +6 |
ZIP 55423 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. The median year built has moved up from 1958 in 2006–10, a sign of steady new building. The newest homes are mostly in the north, the oldest in the west.
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 55423
| Period | ZIP 55423 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | $857 | $1,007 | $882 | $965 |
| 2010–14 | $976 | $1,077 | $953 | $1,040 |
| 2015–19 | $1,177 | $1,258 | $1,099 | $1,213 |
| 2020–24 | $1,551 | $1,603 | $1,404 | $1,571 |
| Change | +$695 | +$597 | +$522 | +$606 |
The median renter in ZIP 55423 pays $1,551 a month for rent and utilities, close to the national median of $1,571. Rent has climbed $695 a month since 2006–10, up 81%, faster than rents rose nationally. The typical renter here spends 28.4% of household income on rent, just under the 30% mark often used to define affordable rent, and a smaller share than renters pay nationally. Renters on a budget will find the lowest rents in the northwest; the highest are in the center.
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 55423
Bachelor's degrees in ZIP 55423
| Period | ZIP 55423 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 32.0% | 37.2% | 32.1% | 28.4% |
| 2010–14 | 32.7% | 39.1% | 33.7% | 29.6% |
| 2015–19 | 41.6% | 41.8% | 36.2% | 32.1% |
| 2020–24 | 43.2% | 45.4% | 39.6% | 35.6% |
| Change | +11.1 pts | +8.1 pts | +7.4 pts | +7.2 pts |
More than four in ten adults 25 and older in ZIP 55423 (43.2%) have a bachelor's degree or higher, above the national share of 35.6%. The share with a degree has risen 11.1 points since 2006–10, in line with the national trend. College graduates are most concentrated in the west and least in the southeast.
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 55423
| Period | ZIP 55423 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 88.1% | 92.4% | 91.4% | 84.9% |
| 2010–14 | 87.1% | 92.9% | 92.2% | 86.1% |
| 2015–19 | 89.7% | 93.5% | 93.0% | 87.7% |
| 2020–24 | 91.1% | 94.0% | 93.7% | 89.3% |
| Change | +3.0 pts | +1.6 pts | +2.3 pts | +4.3 pts |
High school completion in ZIP 55423 is a bit above the national rate: 91.1% of adults have a diploma or equivalent, against 89.3%. Still, the rate is lower than in the wider Minneapolis area (94.0%). The share with a diploma is up 3.0 points from 2006–10, mirroring the country.
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 55423
| Period | ZIP 55423 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 8.8% | 6.7% | 6.5% | 8.1% |
| 2010–14 | 7.4% | 6.8% | 6.5% | 9.4% |
| 2015–19 | 3.5% | 3.6% | 3.7% | 5.6% |
| 2020–24 | 5.7% | 4.0% | 4.1% | 5.4% |
| Change | −3.1 pts | −2.7 pts | −2.4 pts | −2.7 pts |
Unemployment in ZIP 55423 is close to the national rate: 5.7% of the labor force, against 5.4%. The rate is higher than in the Minneapolis area overall (4.0%). Unemployment has fallen 3.1 points since 2006–10, in line with the national trend.
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 55423 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 55423 | 2.25 | 41.3 | 7.4% | 38.4% | 4.9% | 1962 | $1,551 | 43.2% | 91.1% | 5.7% |
| ZIP 55419 | 2.49 | 40.0 | 7.3% | 17.4% | 4.9% | 1945 | $1,807 | 75.8% | 98.5% | 4.8% |
| ZIP 55435 | 1.87 | 50.3 | 5.3% | 52.3% | 8.2% | 1978 | $1,927 | 61.7% | 96.8% | 7.0% |
| ZIP 55425 | 2.58 | 34.9 | 14.5% | 64.9% | 7.0% | 1978 | $1,508 | 31.6% | 87.4% | 8.0% |
| ZIP 55420 | 2.76 | 39.1 | 14.3% | 33.9% | 5.8% | 1963 | $1,465 | 33.7% | 85.8% | 6.2% |
| ZIP 55417 | 2.27 | 41.0 | 8.3% | 16.0% | 7.4% | 1947 | $1,630 | 64.8% | 95.4% | 3.5% |
| ZIP 55410 | 2.42 | 41.2 | 6.9% | 21.8% | 5.8% | 1947 | $2,185 | 80.7% | 98.8% | 2.7% |
| ZIP 55424 | 2.83 | 41.1 | 6.2% | 9.9% | 6.1% | 1953 | $2,175 | 83.0% | 99.2% | 3.3% |
| ZIP 55431 | 2.31 | 46.5 | 6.7% | 32.6% | 4.6% | 1966 | $1,749 | 49.7% | 93.8% | 4.4% |
| ZIP 55409 | 2.16 | 37.8 | 10.9% | 36.3% | 7.2% | 1938 | $1,444 | 64.2% | 94.2% | 3.7% |
| ZIP 55439 | 2.70 | 44.7 | 7.6% | 9.8% | 4.9% | 1970 | $1,989 | 79.5% | 99.3% | 3.1% |
All figures 2020–24.
Zip codes with similar populations: 04240, ME · 01852, MA · 10035, NY · 93657, CA · 22901, VA · 54311, WI · 77489, TX · 98662, WA · 77571, TX · 78260, TX
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 55423. 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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