| ZIP Code | 55438 |
|---|---|
| City | Minneapolis |
| State | Minnesota (MN) |
| County | Hennepin County |
| Area Code | 952 |
| Elevation | 838 ft |
| Latitude | 44.823123 |
|---|---|
| Longitude | -93.386125 |
| Timezone | Chicago (DST) |
| FIPS | 27053 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.0 yrs ↓ 4% since 2019 |
|---|---|
| Avg Household Size | 2.17 |
| Below Poverty | 3.9% ▼ 61% below avg |
| College Grads | 65.9% ▲ 70% above avg |
| Unemployment | 3.5% ▼ 29% below avg |
| No HS Diploma | 50 (0.4%) |
| HS Graduate | 1,545 (13.7%) |
| Some College | 631 (5.6%) |
| Associates | 1,629 (14.4%) |
| Bachelors | 1,228 (10.9%) |
| Graduate Degree | 6,204 (55%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $103,488 ▲ 36% above avg ↑ 16% since 2019 |
|---|---|
| Median Home Value | $406,200 ▲ 46% above avg ↑ 29% since 2019 |
| Home/Income Ratio | 3.9x (nat avg ~3.5x) |
| Median Rent | $1,554/mo ↑ 15% since 2019 |
| Total Units | 7,509 |
| Vacant Units | 362 |
| Avg HH Size | 2.17 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 7,509 |
|---|---|
| Vacant | 362 |
| Owner Occupied | 79.4% |
| Renter Occupied | 20.7% |
| Avg HH Size | 2.17 |
ZIP code 55438 is located in Minneapolis, Minnesota, within Hennepin County. With a population of 15,847, this is a moderately populated ZIP code with a middle-aged community — the median age is 44 years. Economically, 55438 is a upper-middle-income ZIP code: the median household income of $103,488 is above the national average.
Real estate in ZIP code 55438 represents a premium housing market. The median home value of $406,200 is above the national average. Renters can expect to pay around $1,554 per month in median rent. Homeownership is strong here — 79.4% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 29% since 2019.
The population of 55438 is primarily White (76.44%). Residents are highly educated — 65.9% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 3.9%. Household income has grown by 16% since 2019.
The unemployment rate in 55438 stands at 3.5%, which is below the national average. About 20% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 68%.
Overall, ZIP code 55438 in Minneapolis, MN is characterized as upper-middle-income, highly educated, a middle-aged community, and predominantly owner-occupied. With 15,847 residents, a median household income of $103,488, and a median home value of $406,200, it offers a clear picture of life in this part of Minnesota.