| ZIP Code | 55430 |
|---|---|
| City | Minneapolis |
| State | Minnesota (MN) |
| County | Hennepin County |
| Area Code | 612/651/763/952 |
| Elevation | 846 ft |
| Latitude | 45.063152 |
|---|---|
| Longitude | -93.299246 |
| Timezone | Chicago (DST) |
| FIPS | 27053 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 34.2 yrs ↑ 6% since 2019 |
|---|---|
| Avg Household Size | 2.83 |
| Below Poverty | 12.3% ▲ 23% above avg |
| College Grads | 39.5% ≈ Avg |
| Unemployment | 4.5% ≈ Avg |
| No HS Diploma | 477 (3.4%) |
| HS Graduate | 3,882 (27.9%) |
| Some College | 1,896 (13.6%) |
| Associates | 2,167 (15.6%) |
| Bachelors | 1,460 (10.5%) |
| Graduate Degree | 4,043 (29%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $77,385 ≈ Avg ↑ 31% since 2019 |
|---|---|
| Median Home Value | $243,800 ▼ 13% below avg ↑ 52% since 2019 |
| Home/Income Ratio | 3.2x (nat avg ~3.5x) |
| Median Rent | $1,370/mo ↑ 26% since 2019 |
| Total Units | 8,098 |
| Vacant Units | 182 |
| Avg HH Size | 2.83 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 8,098 |
|---|---|
| Vacant | 182 |
| Owner Occupied | 67.6% |
| Renter Occupied | 32.4% |
| Avg HH Size | 2.83 |
ZIP code 55430 is located in Minneapolis, Minnesota, within Hennepin County. With a population of 22,569, this is a moderately populated ZIP code with a relatively young community — the median age is 34.2 years. Economically, 55430 is a middle-income ZIP code: the median household income of $77,385 is near the national average.
Real estate in ZIP code 55430 represents an affordable housing market. The median home value of $243,800 is near the national average. Renters can expect to pay around $1,370 per month in median rent. Homeownership is strong here — 67.6% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 52% since 2019.
The population of 55430 is racially diverse, with White as the largest group at 33.4%. Residents are moderately educated — 39.5% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 12.3%. Household income has grown by 31% since 2019.
The unemployment rate in 55430 stands at 4.5%, which is near the national average. About 14% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 65%.
Overall, ZIP code 55430 in Minneapolis, MN is characterized as middle-income, moderately educated, a relatively young community, and predominantly owner-occupied. With 22,569 residents, a median household income of $77,385, and a median home value of $243,800, it offers a clear picture of life in this part of Minnesota.