| ZIP Code | 55409 |
|---|---|
| City | Minneapolis |
| State | Minnesota (MN) |
| County | Hennepin County |
| Area Code | 612 |
| Elevation | 882 ft |
| Latitude | 44.930178 |
|---|---|
| Longitude | -93.281459 |
| Timezone | Chicago (DST) |
| FIPS | 27053 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 36.5 yrs ↑ 2% since 2019 |
|---|---|
| Avg Household Size | 2.16 |
| Below Poverty | 7.0% ▼ 30% below avg |
| College Grads | 68.9% ▲ 78% above avg |
| Unemployment | 3.9% ▼ 21% below avg |
| No HS Diploma | 151 (1.9%) |
| HS Graduate | 866 (10.6%) |
| Some College | 595 (7.3%) |
| Associates | 919 (11.3%) |
| Bachelors | 550 (6.8%) |
| Graduate Degree | 5,053 (62.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $98,056 ▲ 28% above avg ↑ 28% since 2019 |
|---|---|
| Median Home Value | $365,500 ▲ 31% above avg ↑ 31% since 2019 |
| Home/Income Ratio | 3.7x (nat avg ~3.5x) |
| Median Rent | $1,364/mo ↑ 29% since 2019 |
| Total Units | 5,488 |
| Vacant Units | 380 |
| Avg HH Size | 2.16 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 5,488 |
|---|---|
| Vacant | 380 |
| Owner Occupied | 68.4% |
| Renter Occupied | 31.6% |
| Avg HH Size | 2.16 |
ZIP code 55409 is located in Minneapolis, Minnesota, within Hennepin County. With a population of 11,405, this is a lightly populated ZIP code with a relatively young community — the median age is 36.5 years. Economically, 55409 is a middle-income ZIP code: the median household income of $98,056 is above the national average.
Real estate in ZIP code 55409 represents a mid-range housing market. The median home value of $365,500 is above the national average. Renters can expect to pay around $1,364 per month in median rent. Homeownership is strong here — 68.4% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 31% since 2019.
The population of 55409 is primarily White (72.98%). Residents are highly educated — 68.9% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 7.0%. Household income has grown by 28% since 2019.
The unemployment rate in 55409 stands at 3.9%, which is below the national average. About 23% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 57%.
Overall, ZIP code 55409 in Minneapolis, MN is characterized as middle-income, highly educated, a relatively young community, and predominantly owner-occupied. With 11,405 residents, a median household income of $98,056, and a median home value of $365,500, it offers a clear picture of life in this part of Minnesota.