ZIP code 55418 is located in Minneapolis, Minnesota, within Hennepin County. With a population of 31,295, this is a moderately populated ZIP code with a relatively young community — the median age is 37.5 years. Economically, 55418 is a middle-income ZIP code: the median household income of $95,630 is above the national average.

Real estate in ZIP code 55418 represents a mid-range housing market. The median home value of $332,500 is above the national average. Renters can expect to pay around $1,349 per month in median rent. Homeownership is strong here — 65.6% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 40% since 2019.

The population of 55418 is primarily White (74.15%). Residents are highly educated — 61.3% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 8.4%. Household income has grown by 35% since 2019.

The unemployment rate in 55418 stands at 3.2%, which is below the national average. A notably high share of workers — 27% — 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 57%.

Overall, ZIP code 55418 in Minneapolis, MN is characterized as middle-income, highly educated, a relatively young community, and predominantly owner-occupied. With 31,295 residents, a median household income of $95,630, and a median home value of $332,500, it offers a clear picture of life in this part of Minnesota.