Population 18,684 · Census ACS 2020–24
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Population and households in ZIP 55431
Household size in ZIP 55431
| Period | ZIP 55431 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.26 | 2.58 | 2.52 | 2.68 |
| 2010–14 | 2.34 | 2.61 | 2.54 | 2.73 |
| 2015–19 | 2.30 | 2.63 | 2.55 | 2.71 |
| 2020–24 | 2.31 | 2.58 | 2.52 | 2.65 |
| Change | +0.05 | −0.00 | +0.00 | −0.03 |
Households in ZIP 55431 are small: just 2.31 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 2.26 in 2006–10, even as the national average fell.
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 55431
| Period | ZIP 55431 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 44.7 | 36.8 | 37.9 | 37.7 |
| 2010–14 | 46.1 | 37.8 | 38.9 | 38.6 |
| 2015–19 | 46.3 | 38.6 | 39.6 | 39.6 |
| 2020–24 | 46.5 | 39.2 | 40.0 | 40.1 |
| Change | +1.8 | +2.5 | +2.1 | +2.3 |
ZIP 55431 skews older: half of its residents are older than 46.5, well above the national median of 40.1. That usually means more empty nesters and retirees, and fewer young families. Since 2006–10, the median age has climbed from 44.7, mirroring the country. Only 17 of the 257 Minnesota ZIP codes with 5,000+ people are older.
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 55431
| Period | ZIP 55431 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 7.0% | 10.2% | 9.9% | 12.3% |
| 2010–14 | 5.9% | 10.6% | 10.2% | 12.3% |
| 2015–19 | 7.4% | 9.9% | 9.7% | 11.6% |
| 2020–24 | 6.7% | 9.8% | 9.6% | 11.6% |
| Change | −0.3 pts | −0.4 pts | −0.3 pts | −0.6 pts |
Single parents head only 6.7% of households in ZIP 55431, well below the national share of 11.6%. ZIP 55431 has a lower share of single-parent households than most Minnesota ZIP codes.
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 55431
Renters in ZIP 55431
| Period | ZIP 55431 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 26.0% | 27.3% | 25.8% | 33.3% |
| 2010–14 | 31.4% | 29.6% | 27.9% | 35.6% |
| 2015–19 | 30.2% | 30.0% | 28.4% | 36.0% |
| 2020–24 | 32.6% | 29.3% | 27.8% | 34.8% |
| Change | +6.6 pts | +2.0 pts | +2.0 pts | +1.5 pts |
About a third of households in ZIP 55431 rent their homes (32.6%), close to the national share of 34.8%. Renters make up a bigger share here than in the wider Minneapolis area (29.3%). Among homeowners, 38.3% have no mortgage at all, about the same as nationally. The renter share has risen 6.6 points since 2006–10, a much bigger shift than nationally.
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 55431
| Period | ZIP 55431 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 6.5% | 7.0% | 9.2% | 11.4% |
| 2010–14 | 7.6% | 6.2% | 9.0% | 11.4% |
| 2015–19 | 4.4% | 5.5% | 8.7% | 11.1% |
| 2020–24 | 4.6% | 5.7% | 8.3% | 9.6% |
| Change | −1.9 pts | −1.3 pts | −0.9 pts | −1.8 pts |
Only 4.6% of homes in ZIP 55431 are vacant, far below the national rate of 9.6%, which usually means strong demand for housing. The Minneapolis area as a whole looks much the same. Vacancy has fallen 1.9 points since 2006–10, 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 55431
| Period | ZIP 55431 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 1965 | 1975 | 1973 | 1974 |
| 2010–14 | 1965 | 1976 | 1974 | 1975 |
| 2015–19 | 1966 | 1977 | 1975 | 1977 |
| 2020–24 | 1966 | 1980 | 1978 | 1980 |
| Change | +0 | +4 | +5 | +6 |
The housing in ZIP 55431 is old by national standards: the median home dates to 1966, against 1980 for the U.S., so buyers will find more older houses, some of them due for updates. Compared with other Minnesota ZIP codes, ZIP 55431 has older homes than most.
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 55431
| Period | ZIP 55431 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | $978 | $1,007 | $882 | $965 |
| 2010–14 | $1,153 | $1,077 | $953 | $1,040 |
| 2015–19 | $1,229 | $1,258 | $1,099 | $1,213 |
| 2020–24 | $1,749 | $1,603 | $1,404 | $1,571 |
| Change | +$771 | +$597 | +$522 | +$606 |
A typical rental in ZIP 55431 costs $1,749 a month with utilities, above the national median of $1,571. Rent has climbed $771 a month since 2006–10, up 79%, faster than rents rose nationally. Rent takes 29.5% of the typical renter's income, just under the 30% mark often used to define affordable rent. Rents run highest in the south and lowest in the northeast.
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 55431
Bachelor's degrees in ZIP 55431
| Period | ZIP 55431 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 37.9% | 37.2% | 32.1% | 28.4% |
| 2010–14 | 39.1% | 39.1% | 33.7% | 29.6% |
| 2015–19 | 43.9% | 41.8% | 36.2% | 32.1% |
| 2020–24 | 49.7% | 45.4% | 39.6% | 35.6% |
| Change | +11.8 pts | +8.1 pts | +7.4 pts | +7.2 pts |
College graduates are unusually common in ZIP 55431: 49.7% 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 up 11.8 points from 2006–10, mirroring the country.
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 55431
| Period | ZIP 55431 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 93.8% | 92.4% | 91.4% | 84.9% |
| 2010–14 | 93.4% | 92.9% | 92.2% | 86.1% |
| 2015–19 | 95.4% | 93.5% | 93.0% | 87.7% |
| 2020–24 | 93.8% | 94.0% | 93.7% | 89.3% |
| Change | +0.0 pts | +1.6 pts | +2.3 pts | +4.3 pts |
High school completion in ZIP 55431 is above the national rate: 93.8% of adults have a diploma, against 89.3%. The Minneapolis area as a whole looks much the same.
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 55431
| Period | ZIP 55431 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 5.3% | 6.7% | 6.5% | 8.1% |
| 2010–14 | 6.7% | 6.8% | 6.5% | 9.4% |
| 2015–19 | 2.4% | 3.6% | 3.7% | 5.6% |
| 2020–24 | 4.4% | 4.0% | 4.1% | 5.4% |
| Change | −0.9 pts | −2.7 pts | −2.4 pts | −2.7 pts |
Jobs have been a little easier to find in ZIP 55431 than nationally: unemployment was 4.4%, against 5.4%. Since 2006–10, unemployment has edged down 0.9 points, in line with the national trend. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current 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 55431 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 55431 | 2.31 | 46.5 | 6.7% | 32.6% | 4.6% | 1966 | $1,749 | 49.7% | 93.8% | 4.4% |
| ZIP 55437 | 2.23 | 46.1 | 4.8% | 30.2% | 4.4% | 1974 | $1,714 | 56.8% | 98.2% | 2.9% |
| ZIP 55420 | 2.76 | 39.1 | 14.3% | 33.9% | 5.8% | 1963 | $1,465 | 33.7% | 85.8% | 6.2% |
| ZIP 55435 | 1.87 | 50.3 | 5.3% | 52.3% | 8.2% | 1978 | $1,927 | 61.7% | 96.8% | 7.0% |
| ZIP 55438 | 2.15 | 44.5 | 5.6% | 22.2% | 7.6% | 1982 | $1,724 | 56.1% | 98.0% | 2.6% |
| ZIP 55425 | 2.58 | 34.9 | 14.5% | 64.9% | 7.0% | 1978 | $1,508 | 31.6% | 87.4% | 8.0% |
| ZIP 55423 | 2.25 | 41.3 | 7.4% | 38.4% | 4.9% | 1962 | $1,551 | 43.2% | 91.1% | 5.7% |
| ZIP 55337 | 2.53 | 37.5 | 10.2% | 36.0% | 2.8% | 1979 | $1,546 | 38.0% | 93.3% | 6.0% |
| ZIP 55439 | 2.70 | 44.7 | 7.6% | 9.8% | 4.9% | 1970 | $1,989 | 79.5% | 99.3% | 3.1% |
| ZIP 55424 | 2.83 | 41.1 | 6.2% | 9.9% | 6.1% | 1953 | $2,175 | 83.0% | 99.2% | 3.3% |
| ZIP 55419 | 2.49 | 40.0 | 7.3% | 17.4% | 4.9% | 1945 | $1,807 | 75.8% | 98.5% | 4.8% |
All figures 2020–24.
Zip codes with similar populations: 06488, CT · 31407, GA · 29341, SC · 28630, NC · 27596, NC · 24503, VA · 23805, VA · 20895, MD · 19602, PA · 11937, NY
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 55431. 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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