US ZIP Code
55435

Minneapolis, MN

Hennepin County  ·  Minnesota

● Active
👥 13,698 Population ↓ 2% since 2019
💰 $75,829 Median HH Income
≈ Avg ↑ 12% since 2019
🎂 49.2 Median Age ↑ 10% since 2019
🏠 $340,600 Median Home Value
▲ 22% above avg ↑ 11% since 2019
🎓 69.9% College Grads
▲ 80% above avg
📊 6.5% Unemployment
▲ 32% above avg ↑ 20% since 2019
ZIP Code Details
ZIP Code55435
CityMinneapolis
StateMinnesota (MN)
CountyHennepin County
Area Code612/651/763/952
Elevation864 ft
Latitude44.873981
Longitude-93.335255
TimezoneChicago (DST)
FIPS27053
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 44.2% (6,059) Female 55.8% (7,639) ♀

Race & Ethnicity

White: 74.5%Hispanic: 6.3%Black: 6.4%Asian: 9%Other: 3.4%Race
White74.5%
Hispanic6.3%
Black6.4%
Asian9.0%
Other3.4%

Age Breakdown

Under 5
5%
5–17
9%
18–24
6%
25–44
27%
45–64
21%
65+
11%

Key Indicators

Median Age49.2 yrs ↑ 10% since 2019
Avg Household Size1.75
Below Poverty9.3% ≈ Avg
College Grads69.9% ▲ 80% above avg
Unemployment6.5% ▲ 32% above avg
No HS Diploma38 (0.4%)
HS Graduate1,343 (12.7%)
Some College582 (5.5%)
Associates1,227 (11.6%)
Bachelors913 (8.6%)
Graduate Degree6,486 (61.3%)

Education

No HS: 0.4%HS Grad: 12.7%Some College: 5.5%Associates: 11.6%Bachelors: 8.6%Graduate: 61.3%Edu
No HS0.4%
HS Grad12.7%
Some College5.5%
Associates11.6%
Bachelors8.6%
Graduate61.3%
Housing & Income

Housing Tenure

Owner: 47.7%Renter: 52.3%Tenure
Owner47.7%
Renter52.3%

Home Value Distribution

Under $50k
3%
$50k–100k
7%
$100k–150k
7%
$150k–200k
12%
$200k–300k
19%
$300k–500k
14%
Over $500k
40%

Financials

Median HH Income$75,829 ≈ Avg ↑ 12% since 2019
Median Home Value$340,600 ▲ 22% above avg ↑ 11% since 2019
Home/Income Ratio4.5x (nat avg ~3.5x)
Median Rent$1,716/mo ↑ 21% since 2019
Total Units8,218
Vacant Units689
Avg HH Size1.75

Income Distribution

Under $25k
17%
$25k–50k
14%
$50k–75k
16%
$75k–100k
12%
$100k–150k
18%
$150k–200k
9%
Over $200k
13%
Employment & Commute

How People Get to Work

Drove Alone
64%
Public Transit
1%
Walked
5%
Work From Home
30%

Commute Time

Under 15 min
31%
15–30 min
45%
30–45 min
19%
Over 45 min
5%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
23%
1960s–1970s
22%
1980s–1990s
3%
2000+
51%

Summary

Total Units8,218
Vacant689
Owner Occupied47.7%
Renter Occupied52.3%
Avg HH Size1.75
Frequently Asked Questions
ZIP code 55435 is in Minneapolis, MN, in Hennepin County.
ZIP code 55435 is located in Minnesota (MN).
ZIP code 55435 is in Hennepin County, MN.
ZIP 55435 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 55435 is 13,698 people (ACS 2023).
The median household income in ZIP code 55435 is $75,829 (ACS 2023).
The median home value in ZIP 55435 is $340,600 (ACS 2023).
About ZIP Code 55435

ZIP code 55435 is located in Minneapolis, Minnesota, within Hennepin County. With a population of 13,698, this is a lightly populated ZIP code with a mature community — the median age is 49.2 years. Economically, 55435 is a middle-income ZIP code: the median household income of $75,829 is near the national average.

Real estate in ZIP code 55435 represents a mid-range housing market. The median home value of $340,600 is above the national average. Renters can expect to pay around $1,716 per month in median rent. The area has a relatively balanced mix of owners (47.7%) and renters (52.3%). Median home values have increased by 11% since 2019.

The population of 55435 is primarily White (74.51%). Residents are highly educated — 69.9% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 9.3%. Household income has grown by 12% since 2019.

The unemployment rate in 55435 stands at 6.5%, which is above the national average. A notably high share of workers — 28% — 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 61%.

Overall, ZIP code 55435 in Minneapolis, MN is characterized as middle-income, highly educated, and a mature community. With 13,698 residents, a median household income of $75,829, and a median home value of $340,600, it offers a clear picture of life in this part of Minnesota.