| ZIP Code | 55427 |
|---|---|
| City | Minneapolis |
| State | Minnesota (MN) |
| County | Hennepin County |
| Area Code | 612/651/763/952 |
| Elevation | 936 ft |
| Latitude | 45.004595 |
|---|---|
| Longitude | -93.381351 |
| Timezone | Chicago (DST) |
| FIPS | 27053 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.7 yrs |
|---|---|
| Avg Household Size | 2.28 |
| Below Poverty | 9.4% ≈ Avg |
| College Grads | 57.3% ▲ 48% above avg |
| Unemployment | 2.5% ▼ 50% below avg |
| No HS Diploma | 270 (1.5%) |
| HS Graduate | 3,541 (20.1%) |
| Some College | 1,401 (8%) |
| Associates | 2,308 (13.1%) |
| Bachelors | 1,461 (8.3%) |
| Graduate Degree | 8,618 (49%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $92,013 ▲ 21% above avg ↑ 14% since 2019 |
|---|---|
| Median Home Value | $341,700 ▲ 23% above avg ↑ 40% since 2019 |
| Home/Income Ratio | 3.7x (nat avg ~3.5x) |
| Median Rent | $1,443/mo ↑ 33% since 2019 |
| Total Units | 10,788 |
| Vacant Units | 132 |
| Avg HH Size | 2.28 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 10,788 |
|---|---|
| Vacant | 132 |
| Owner Occupied | 67.2% |
| Renter Occupied | 32.8% |
| Avg HH Size | 2.28 |
ZIP code 55427 is located in Minneapolis, Minnesota, within Hennepin County. With a population of 24,667, this is a moderately populated ZIP code with a middle-aged community — the median age is 40.7 years. Economically, 55427 is a middle-income ZIP code: the median household income of $92,013 is above the national average.
Real estate in ZIP code 55427 represents a mid-range housing market. The median home value of $341,700 is above the national average. Renters can expect to pay around $1,443 per month in median rent. Homeownership is strong here — 67.2% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 40% since 2019.
The population of 55427 is primarily White (70.26%). Residents are well-educated — 57.3% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 9.4%. Household income has grown by 14% since 2019.
The unemployment rate in 55427 stands at 2.5%, 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 68%.
Overall, ZIP code 55427 in Minneapolis, MN is characterized as middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 24,667 residents, a median household income of $92,013, and a median home value of $341,700, it offers a clear picture of life in this part of Minnesota.