| ZIP Code | 55415 |
|---|---|
| City | Minneapolis |
| State | Minnesota (MN) |
| County | Hennepin County |
| Area Code | 612/651/763/952 |
| Elevation | 833 ft |
| Latitude | 44.974644 |
|---|---|
| Longitude | -93.257815 |
| Timezone | Chicago (DST) |
| FIPS | 27053 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 33.2 yrs ↑ 4% since 2019 |
|---|---|
| Avg Household Size | 1.67 |
| Below Poverty | 12.7% ▲ 27% above avg |
| College Grads | 76.2% ▲ 97% above avg |
| Unemployment | 7.3% ▲ 49% above avg |
| No HS Diploma | 9 (0.2%) |
| HS Graduate | 415 (8.6%) |
| Some College | 454 (9.4%) |
| Associates | 269 (5.6%) |
| Bachelors | 201 (4.2%) |
| Graduate Degree | 3,469 (72%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $126,480 ▲ 66% above avg ↑ 22% since 2019 |
|---|---|
| Median Home Value | $581,500 ▲ 109% above avg ↑ 33% since 2019 |
| Home/Income Ratio | 4.6x (nat avg ~3.5x) |
| Median Rent | $1,836/mo ↑ 12% since 2019 |
| Total Units | 3,124 |
| Vacant Units | 184 |
| Avg HH Size | 1.67 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 3,124 |
|---|---|
| Vacant | 184 |
| Owner Occupied | 33.6% |
| Renter Occupied | 66.4% |
| Avg HH Size | 1.67 |
ZIP code 55415 is located in Minneapolis, Minnesota, within Hennepin County. With a population of 6,474, this is a lightly populated ZIP code with a relatively young community — the median age is 33.2 years. Economically, 55415 is a upper-middle-income ZIP code: the median household income of $126,480 is significantly above the national average.
Real estate in ZIP code 55415 represents a premium housing market. The median home value of $581,500 is more than double the national average. Renters can expect to pay around $1,836 per month in median rent. This is predominantly a renter community, with 66.4% of occupied units rented — typical of urban and transitional neighborhoods. Median home values have increased by 33% since 2019.
The population of 55415 is majority White (60.78%). Residents are highly educated — 76.2% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects some residents at 12.7%. Household income has grown by 22% since 2019.
The unemployment rate in 55415 stands at 7.3%, which is above the national average. A notably high share of workers — 30% — work from home, reflecting the professional makeup of the area. As in most parts of the country, driving alone is the dominant commute mode at 41%.
Overall, ZIP code 55415 in Minneapolis, MN is characterized as upper-middle-income, highly educated, and a relatively young community. With 6,474 residents, a median household income of $126,480, and a median home value of $581,500, it offers a clear picture of life in this part of Minnesota.