55427, MN Demographics

Population 24,287 · Census ACS 2020–24

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55427, MN map of median age by neighborhood
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Population and households in ZIP 55427

Household size in ZIP 55427

Household size, people per household
PeriodZIP 55427Minneapolis areaMinnesotaU.S.
2006–102.312.582.522.68
2010–142.352.612.542.73
2015–192.302.632.552.71
2020–242.282.582.522.65
Change−0.03−0.00+0.00−0.03
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Households in ZIP 55427 are small: just 2.28 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. Households are largest in the east and smallest in the center.

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 55427

Median age, years
PeriodZIP 55427Minneapolis areaMinnesotaU.S.
2006–1040.436.837.937.7
2010–1441.237.838.938.6
2015–1941.838.639.639.6
2020–2439.839.240.040.1
Change−0.7+2.5+2.1+2.3
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Half of the people in ZIP 55427 are younger than 39.8 and half are older, close to the national median of 40.1. Since 2006–10, the median age has edged down from 40.4, even as the national median rose. Residents skew youngest in the east and oldest in the south.

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 55427

Single-parent households, % of households
PeriodZIP 55427Minneapolis areaMinnesotaU.S.
2006–107.5%10.2%9.9%12.3%
2010–1411.8%10.6%10.2%12.3%
2015–198.0%9.9%9.7%11.6%
2020–248.6%9.8%9.6%11.6%
Change+1.1 pts−0.4 pts−0.3 pts−0.6 pts
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Single-parent households are relatively rare in ZIP 55427: 8.6% of households, against 11.6% nationally. The single-parent share has edged up 1.1 points since 2006–10, 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 55427

Renters in ZIP 55427

Renters, % of occupied homes
PeriodZIP 55427Minneapolis areaMinnesotaU.S.
2006–1029.4%27.3%25.8%33.3%
2010–1432.2%29.6%27.9%35.6%
2015–1929.8%30.0%28.4%36.0%
2020–2433.6%29.3%27.8%34.8%
Change+4.2 pts+2.0 pts+2.0 pts+1.5 pts
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About a third of households in ZIP 55427 rent their homes (33.6%), close to the national share of 34.8%. Renters make up a bigger share here than in the wider Minneapolis area (29.3%). Among owners, 32.9% have paid off their mortgages, below the national share of 39.8%. The renter share has risen 4.2 points since 2006–10, in line with the national trend.

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 55427

Vacant homes, % of all homes
PeriodZIP 55427Minneapolis areaMinnesotaU.S.
2006–107.9%7.0%9.2%11.4%
2010–144.3%6.2%9.0%11.4%
2015–194.2%5.5%8.7%11.1%
2020–243.6%5.7%8.3%9.6%
Change−4.3 pts−1.3 pts−0.9 pts−1.8 pts
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Only 3.6% of homes in ZIP 55427 are vacant, far below the national rate of 9.6%, which usually means strong demand for housing. Since 2006–10, vacancy has fallen 4.3 points, mirroring the country. ZIP 55427 has a lower vacancy rate than at least four in five 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 55427

Age of homes, median year built
PeriodZIP 55427Minneapolis areaMinnesotaU.S.
2006–101966197519731974
2010–141967197619741975
2015–191967197719751977
2020–241972198019781980
Change+5+4+5+6
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Housing in ZIP 55427 leans older: the median home dates to 1972, against 1980 nationally. The median year built has moved up from 1966 in 2006–10, a sign of steady new building. Newer construction is concentrated in the south, while the northeast 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 55427

Rent, per month
PeriodZIP 55427Minneapolis areaMinnesotaU.S.
2006–10$791$1,007$882$965
2010–14$951$1,077$953$1,040
2015–19$1,140$1,258$1,099$1,213
2020–24$1,620$1,603$1,404$1,571
Change+$830+$597+$522+$606
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A typical rental in ZIP 55427 costs $1,620 a month with utilities, close to the national median of $1,571. Rents are up $830 a month from 2006–10, a 105% jump, faster than rents rose nationally. The typical renter here spends 30.1% of household income on rent, just over the 30% mark often used to define affordable rent. Renters on a budget will find the lowest rents in the northwest; the highest are 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 55427

Bachelor's degrees in ZIP 55427

Bachelor's degrees, % of adults 25+
PeriodZIP 55427Minneapolis areaMinnesotaU.S.
2006–1043.2%37.2%32.1%28.4%
2010–1443.1%39.1%33.7%29.6%
2015–1945.2%41.8%36.2%32.1%
2020–2447.6%45.4%39.6%35.6%
Change+4.4 pts+8.1 pts+7.4 pts+7.2 pts
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College graduates are unusually common in ZIP 55427: 47.6% 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 has risen 4.4 points since 2006–10, as it has nationally.

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 55427

High school graduates, % of adults 25+
PeriodZIP 55427Minneapolis areaMinnesotaU.S.
2006–1093.9%92.4%91.4%84.9%
2010–1493.0%92.9%92.2%86.1%
2015–1995.0%93.5%93.0%87.7%
2020–2496.0%94.0%93.7%89.3%
Change+2.1 pts+1.6 pts+2.3 pts+4.3 pts
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High school completion is high in ZIP 55427: 96.0% 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 2.1 points from 2006–10, in line with the national trend.

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 55427

Unemployment, % of the labor force
PeriodZIP 55427Minneapolis areaMinnesotaU.S.
2006–104.9%6.7%6.5%8.1%
2010–145.7%6.8%6.5%9.4%
2015–192.0%3.6%3.7%5.6%
2020–243.4%4.0%4.1%5.4%
Change−1.5 pts−2.7 pts−2.4 pts−2.7 pts
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The job market in ZIP 55427 has been strong: just 3.4% of the labor force was out of work and looking, well below the national rate of 5.4%. Since 2006–10, unemployment has fallen 1.5 points, as it has nationally. 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 55427 compared with nearby ZIP codes

ZIP codeHousehold sizeMedian ageSingle parentsRentersVacant homesMedian year builtMedian rentBachelor's degreeHigh school diplomaUnemployment
ZIP 554272.2839.88.6%33.6%3.6%1972$1,62047.6%96.0%3.4%
ZIP 554412.2241.19.8%40.3%4.9%1980$1,85757.0%97.6%2.8%
ZIP 554222.3342.99.3%24.6%7.0%1960$1,91645.8%93.6%5.3%
ZIP 554422.4245.04.1%20.4%6.9%1988$1,99166.2%99.1%1.0%
ZIP 554282.4638.816.2%43.9%6.5%1968$1,40129.3%90.5%5.7%
ZIP 554262.1539.17.0%35.5%6.6%1964$1,68758.4%96.2%3.2%
ZIP 554113.0031.223.6%48.3%10.9%1949$1,43126.2%84.1%7.5%
ZIP 554122.8736.321.2%25.7%8.4%1939$1,63029.5%86.9%9.4%
ZIP 553052.1643.06.1%40.8%7.6%1977$1,99563.2%97.2%3.4%
ZIP 554292.7834.616.3%40.5%5.4%1963$1,41022.6%87.2%5.4%
ZIP 554162.0437.24.9%50.4%7.7%1971$1,90572.8%98.1%3.4%

All figures 2020–24.

Zip codes with similar populations: 45247, OH · 97078, OR · 97013, OR · 92651, CA · 92617, CA · 77384, TX · 75218, TX · 74115, OK · 73020, OK · 72301, AR

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 55427. 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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