US ZIP Code
55434

Minneapolis, MN

Anoka County  ·  Minnesota

● Active
👥 33,133 Population ↑ 6% since 2019
💰 $88,163 Median HH Income
▲ 16% above avg ↑ 24% since 2019
🎂 36.4 Median Age ↓ 3% since 2019
🏠 $269,600 Median Home Value
≈ Avg ↑ 35% since 2019
🎓 39.9% College Grads
≈ Avg
📊 5.2% Unemployment
≈ Avg ↑ 2% since 2019
ZIP Code Details
ZIP Code55434
CityMinneapolis
StateMinnesota (MN)
CountyAnoka County
Area Code651/763
Elevation902 ft
Latitude45.163672
Longitude-93.250445
TimezoneChicago (DST)
FIPS27003
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 50.1% (16,600) Female 49.9% (16,533) ♀

Race & Ethnicity

White: 68.6%Hispanic: 6.2%Black: 9.4%Asian: 9.9%Other: 5.6%Race
White68.6%
Hispanic6.2%
Black9.4%
Asian9.9%
Other5.6%

Age Breakdown

Under 5
5%
5–17
19%
18–24
10%
25–44
27%
45–64
25%
65+
6%

Key Indicators

Median Age36.4 yrs ↓ 3% since 2019
Avg Household Size2.78
Below Poverty8.5% ▼ 15% below avg
College Grads39.9% ≈ Avg
Unemployment5.2% ≈ Avg
No HS Diploma262 (1.3%)
HS Graduate6,534 (31.7%)
Some College2,788 (13.5%)
Associates2,796 (13.6%)
Bachelors2,879 (14%)
Graduate Degree5,350 (26%)

Education

No HS: 1.3%HS Grad: 31.7%Some College: 13.5%Associates: 13.6%Bachelors: 14%Graduate: 26%Edu
No HS1.3%
HS Grad31.7%
Some College13.5%
Associates13.6%
Bachelors14.0%
Graduate26.0%
Housing & Income

Housing Tenure

Owner: 81.7%Renter: 18.3%Tenure
Owner81.7%
Renter18.3%

Home Value Distribution

Under $50k
12%
$50k–100k
4%
$100k–150k
2%
$150k–200k
8%
$200k–300k
37%
$300k–500k
34%
Over $500k
3%

Financials

Median HH Income$88,163 ▲ 16% above avg ↑ 24% since 2019
Median Home Value$269,600 ≈ Avg ↑ 35% since 2019
Home/Income Ratio3.1x (nat avg ~3.5x)
Median Rent$1,703/mo ↑ 50% since 2019
Total Units12,221
Vacant Units330
Avg HH Size2.78

Income Distribution

Under $25k
10%
$25k–50k
13%
$50k–75k
18%
$75k–100k
13%
$100k–150k
28%
$150k–200k
12%
Over $200k
6%
Employment & Commute

How People Get to Work

Drove Alone
85%
Public Transit
1%
Walked
1%
Work From Home
14%

Commute Time

Under 15 min
19%
15–30 min
47%
30–45 min
26%
Over 45 min
8%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
12%
1960s–1970s
19%
1980s–1990s
14%
2000+
53%

Summary

Total Units12,221
Vacant330
Owner Occupied81.7%
Renter Occupied18.3%
Avg HH Size2.78
Frequently Asked Questions
ZIP code 55434 is in Minneapolis, MN, in Anoka County.
ZIP code 55434 is located in Minnesota (MN).
ZIP code 55434 is in Anoka County, MN.
ZIP 55434 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 55434 is 33,133 people (ACS 2023).
The median household income in ZIP code 55434 is $88,163 (ACS 2023).
The median home value in ZIP 55434 is $269,600 (ACS 2023).
About ZIP Code 55434

ZIP code 55434 is located in Minneapolis, Minnesota, within Anoka County. With a population of 33,133, this is a moderately populated ZIP code with a relatively young community — the median age is 36.4 years. Economically, 55434 is a middle-income ZIP code: the median household income of $88,163 is above the national average.

Real estate in ZIP code 55434 represents a mid-range housing market. The median home value of $269,600 is near the national average. Renters can expect to pay around $1,703 per month in median rent. Homeownership is strong here — 81.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 35% since 2019.

The population of 55434 is majority White (68.64%). Residents are moderately educated — 39.9% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 8.5%. Household income has grown by 24% since 2019.

The unemployment rate in 55434 stands at 5.2%, which is near the national average. About 12% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 77%.

Overall, ZIP code 55434 in Minneapolis, MN is characterized as middle-income, moderately educated, a relatively young community, and predominantly owner-occupied. With 33,133 residents, a median household income of $88,163, and a median home value of $269,600, it offers a clear picture of life in this part of Minnesota.