US ZIP Code
55432

Minneapolis, MN

Anoka County  ·  Minnesota

● Active
👥 32,935 Population ↑ 9% since 2019
💰 $77,985 Median HH Income
≈ Avg ↑ 23% since 2019
🎂 35.9 Median Age ↓ 3% since 2019
🏠 $278,600 Median Home Value
≈ Avg ↑ 42% since 2019
🎓 42.6% College Grads
▲ 10% above avg
📊 5.3% Unemployment
▲ 8% above avg ↑ 23% since 2019
ZIP Code Details
ZIP Code55432
CityMinneapolis
StateMinnesota (MN)
CountyAnoka County
Area Code651/763
Elevation854 ft
Latitude45.096702
Longitude-93.253726
TimezoneChicago (DST)
FIPS27003
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 49.7% (16,352) Female 50.4% (16,583) ♀

Race & Ethnicity

White: 58.2%Hispanic: 13.5%Black: 18%Asian: 5.3%Other: 4.5%Race
White58.2%
Hispanic13.5%
Black18.0%
Asian5.3%
Other4.5%

Age Breakdown

Under 5
7%
5–17
16%
18–24
9%
25–44
30%
45–64
23%
65+
7%

Key Indicators

Median Age35.9 yrs ↓ 3% since 2019
Avg Household Size2.52
Below Poverty12.4% ▲ 24% above avg
College Grads42.6% ▲ 10% above avg
Unemployment5.3% ▲ 8% above avg
No HS Diploma381 (1.8%)
HS Graduate5,821 (27.8%)
Some College2,704 (12.9%)
Associates3,117 (14.9%)
Bachelors2,521 (12%)
Graduate Degree6,401 (30.6%)

Education

No HS: 1.8%HS Grad: 27.8%Some College: 12.9%Associates: 14.9%Bachelors: 12%Graduate: 30.6%Edu
No HS1.8%
HS Grad27.8%
Some College12.9%
Associates14.9%
Bachelors12.0%
Graduate30.6%
Housing & Income

Housing Tenure

Owner: 65%Renter: 35%Tenure
Owner65.0%
Renter35.0%

Home Value Distribution

Under $50k
7%
$50k–100k
2%
$100k–150k
3%
$150k–200k
5%
$200k–300k
44%
$300k–500k
36%
Over $500k
2%

Financials

Median HH Income$77,985 ≈ Avg ↑ 23% since 2019
Median Home Value$278,600 ≈ Avg ↑ 42% since 2019
Home/Income Ratio3.6x (nat avg ~3.5x)
Median Rent$1,308/mo ↑ 32% since 2019
Total Units13,575
Vacant Units606
Avg HH Size2.52

Income Distribution

Under $25k
12%
$25k–50k
17%
$50k–75k
18%
$75k–100k
16%
$100k–150k
21%
$150k–200k
9%
Over $200k
8%
Employment & Commute

How People Get to Work

Drove Alone
80%
Public Transit
3%
Walked
1%
Work From Home
16%

Commute Time

Under 15 min
26%
15–30 min
41%
30–45 min
21%
Over 45 min
11%
Housing Stock

Year Built

Before 1940
2%
1940s–1950s
27%
1960s–1970s
16%
1980s–1990s
5%
2000+
51%

Summary

Total Units13,575
Vacant606
Owner Occupied65.0%
Renter Occupied35.0%
Avg HH Size2.52
Frequently Asked Questions
ZIP code 55432 is in Minneapolis, MN, in Anoka County.
ZIP code 55432 is located in Minnesota (MN).
ZIP code 55432 is in Anoka County, MN.
ZIP 55432 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 55432 is 32,935 people (ACS 2023).
The median household income in ZIP code 55432 is $77,985 (ACS 2023).
The median home value in ZIP 55432 is $278,600 (ACS 2023).
About ZIP Code 55432

ZIP code 55432 is located in Minneapolis, Minnesota, within Anoka County. With a population of 32,935, this is a moderately populated ZIP code with a relatively young community — the median age is 35.9 years. Economically, 55432 is a middle-income ZIP code: the median household income of $77,985 is near the national average.

Real estate in ZIP code 55432 represents a mid-range housing market. The median home value of $278,600 is near the national average. Renters can expect to pay around $1,308 per month in median rent. Homeownership is strong here — 65.0% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 42% since 2019.

The population of 55432 is majority White (58.16%). Residents are well-educated — 42.6% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 12.4%. Household income has grown by 23% since 2019.

The unemployment rate in 55432 stands at 5.3%, 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 70%.

Overall, ZIP code 55432 in Minneapolis, MN is characterized as middle-income, well-educated, a relatively young community, and predominantly owner-occupied. With 32,935 residents, a median household income of $77,985, and a median home value of $278,600, it offers a clear picture of life in this part of Minnesota.