US ZIP Code
55402

Minneapolis, MN

Hennepin County  ·  Minnesota

● Active
👥 760 Population ↑ 45% since 2019
💰 $69,808 Median HH Income
▼ 9% below avg ↑ 24% since 2019
🎂 29.7 Median Age ↓ 26% since 2019
🎓 70.9% College Grads
▲ 83% above avg
📊 0.0% Unemployment
▼ 100% below avg
ZIP Code Details
ZIP Code55402
CityMinneapolis
StateMinnesota (MN)
CountyHennepin County
Area Code612/651/763/952
Elevation851 ft
Latitude44.976069
Longitude-93.271161
TimezoneChicago (DST)
FIPS27053
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 65.3% (496) Female 34.7% (264) ♀

Race & Ethnicity

White: 74.5%Hispanic: 8.2%Black: 10.7%Asian: 4.1%Other: 2.6%Race
White74.5%
Hispanic8.2%
Black10.7%
Asian4.1%
Other2.6%

Age Breakdown

18–24
21%
25–44
58%
45–64
14%
65+
8%

Key Indicators

Median Age29.7 yrs ↓ 26% since 2019
Avg Household Size1.30
Below Poverty18.8% ▲ 88% above avg
College Grads70.9% ▲ 83% above avg
Unemployment0.0% ▼ 100% below avg
HS Graduate80 (14.4%)
Some College20 (3.6%)
Associates62 (11.2%)
Bachelors69 (12.4%)
Graduate Degree325 (58.5%)

Education

HS Grad: 14.4%Some College: 3.6%Associates: 11.2%Bachelors: 12.4%Graduate: 58.5%Edu
HS Grad14.4%
Some College3.6%
Associates11.2%
Bachelors12.4%
Graduate58.5%
Housing & Income

Housing Tenure

Renter: 100%Tenure
Renter100.0%

Financials

Median HH Income$69,808 ▼ 9% below avg ↑ 24% since 2019
Median Rent$1,650/mo ↑ 15% since 2019
Total Units564
Vacant Units58
Avg HH Size1.30

Income Distribution

Under $25k
10%
$25k–50k
5%
$50k–75k
39%
$75k–100k
17%
$100k–150k
12%
$150k–200k
7%
Over $200k
10%
Employment & Commute

How People Get to Work

Drove Alone
21%
Public Transit
7%
Walked
51%
Work From Home
20%

Commute Time

Under 15 min
53%
15–30 min
37%
30–45 min
10%
Frequently Asked Questions
ZIP code 55402 is in Minneapolis, MN, in Hennepin County.
ZIP code 55402 is located in Minnesota (MN).
ZIP code 55402 is in Hennepin County, MN.
ZIP 55402 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 55402 is 760 people (ACS 2023).
The median household income in ZIP code 55402 is $69,808 (ACS 2023).
Home value data not available.
About ZIP Code 55402

ZIP code 55402 is located in Minneapolis, Minnesota, within Hennepin County. With a population of 760, this is a sparsely populated ZIP code with a young community — the median age is 29.7 years. Economically, 55402 is a solidly middle-class ZIP code: the median household income of $69,808 is near the national average.

Renters can expect to pay around $1,650 per month in median rent.

The population of 55402 is primarily White (74.47%). Residents are highly educated — 70.9% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects some residents at 18.8%. Household income has grown by 24% since 2019.

About 20% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 21%.

Overall, ZIP code 55402 in Minneapolis, MN is characterized as solidly middle-class, highly educated, and a young community.