| ZIP Code | 55417 |
|---|---|
| City | Minneapolis |
| State | Minnesota (MN) |
| County | Hennepin County |
| Area Code | 612 |
| Elevation | 822 ft |
| Latitude | 44.906117 |
|---|---|
| Longitude | -93.235387 |
| Timezone | Chicago (DST) |
| FIPS | 27053 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.7 yrs ↑ 7% since 2019 |
|---|---|
| Avg Household Size | 2.31 |
| Below Poverty | 6.2% ▼ 38% below avg |
| College Grads | 70.2% ▲ 81% above avg |
| Unemployment | 3.4% ▼ 31% below avg |
| No HS Diploma | 80 (0.5%) |
| HS Graduate | 2,090 (11.8%) |
| Some College | 1,018 (5.8%) |
| Associates | 2,086 (11.8%) |
| Bachelors | 1,325 (7.5%) |
| Graduate Degree | 11,096 (62.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $122,639 ▲ 61% above avg ↑ 36% since 2019 |
|---|---|
| Median Home Value | $368,400 ▲ 32% above avg ↑ 38% since 2019 |
| Home/Income Ratio | 3.0x (nat avg ~3.5x) |
| Median Rent | $1,377/mo ↑ 32% since 2019 |
| Total Units | 11,556 |
| Vacant Units | 621 |
| Avg HH Size | 2.31 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 11,556 |
|---|---|
| Vacant | 621 |
| Owner Occupied | 82.5% |
| Renter Occupied | 17.5% |
| Avg HH Size | 2.31 |
ZIP code 55417 is located in Minneapolis, Minnesota, within Hennepin County. With a population of 25,677, this is a moderately populated ZIP code with a middle-aged community — the median age is 40.7 years. Economically, 55417 is a upper-middle-income ZIP code: the median household income of $122,639 is significantly above the national average.
Real estate in ZIP code 55417 represents a mid-range housing market. The median home value of $368,400 is above the national average. Renters can expect to pay around $1,377 per month in median rent. Homeownership is strong here — 82.5% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 38% since 2019.
The population of 55417 is primarily White (77.80%). Residents are highly educated — 70.2% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 6.2%. Household income has grown by 36% since 2019.
The unemployment rate in 55417 stands at 3.4%, which is below the national average. A notably high share of workers — 26% — 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 62%.
Overall, ZIP code 55417 in Minneapolis, MN is characterized as upper-middle-income, highly educated, a middle-aged community, and predominantly owner-occupied. With 25,677 residents, a median household income of $122,639, and a median home value of $368,400, it offers a clear picture of life in this part of Minnesota.