| ZIP Code | 55413 |
|---|---|
| City | Minneapolis |
| State | Minnesota (MN) |
| County | Hennepin County |
| Area Code | 612/651/763/952 |
| Elevation | 852 ft |
| Latitude | 44.997814 |
|---|---|
| Longitude | -93.243546 |
| Timezone | Chicago (DST) |
| FIPS | 27053 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 35.1 yrs ↑ 5% since 2019 |
|---|---|
| Avg Household Size | 1.89 |
| Below Poverty | 9.1% ▼ 9% below avg |
| College Grads | 66.3% ▲ 71% above avg |
| Unemployment | 5.9% ▲ 20% above avg |
| No HS Diploma | 86 (0.8%) |
| HS Graduate | 1,353 (12.2%) |
| Some College | 911 (8.2%) |
| Associates | 1,399 (12.6%) |
| Bachelors | 861 (7.7%) |
| Graduate Degree | 6,500 (58.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $84,252 ▲ 10% above avg ↑ 20% since 2019 |
|---|---|
| Median Home Value | $354,200 ▲ 27% above avg ↑ 40% since 2019 |
| Home/Income Ratio | 4.2x (nat avg ~3.5x) |
| Median Rent | $1,497/mo ↑ 38% since 2019 |
| Total Units | 8,080 |
| Vacant Units | 625 |
| Avg HH Size | 1.89 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 8,080 |
|---|---|
| Vacant | 625 |
| Owner Occupied | 38.7% |
| Renter Occupied | 61.3% |
| Avg HH Size | 1.89 |
ZIP code 55413 is located in Minneapolis, Minnesota, within Hennepin County. With a population of 14,328, this is a lightly populated ZIP code with a relatively young community — the median age is 35.1 years. Economically, 55413 is a middle-income ZIP code: the median household income of $84,252 is near the national average.
Real estate in ZIP code 55413 represents a mid-range housing market. The median home value of $354,200 is above the national average. Renters can expect to pay around $1,497 per month in median rent. This is predominantly a renter community, with 61.3% of occupied units rented — typical of urban and transitional neighborhoods. Median home values have increased by 40% since 2019.
The population of 55413 is primarily White (70.90%). Residents are highly educated — 66.3% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 9.1%. Household income has grown by 20% since 2019.
The unemployment rate in 55413 stands at 5.9%, which is above the national average. About 23% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 59%.
Overall, ZIP code 55413 in Minneapolis, MN is characterized as middle-income, highly educated, and a relatively young community. With 14,328 residents, a median household income of $84,252, and a median home value of $354,200, it offers a clear picture of life in this part of Minnesota.