ZIP Code 55407
Located in Minneapolis, MN (Hennepin County)
ZIP Code 55407 (Minneapolis, MN): Quick Facts & Overview
- Population: 37,667 residents (3,623 people per sq. mi.)
- Average House Price: $335,385
- Average Household Income: $78,464
ZIP code 55407 primarily serves Minneapolis, MN in Hennepin County. An estimated 37,667 people live within this area, with about 3,623 residents living in every square mile.
If you are looking for a home in ZIP code 55407, the average price is around $335,385. That makes local housing 29% higher than the Minnesota average of $260,056, and 9% higher than the national average of $308,592.
The average household in 55407 earns about $78,464 a year. This income is 4% lower than the average family in Minnesota ($82,068), and 0% higher than the national average ($78,686).
Population
37,667
Median Household Income
$78,464
Median Home Value
$335,385
Median Age
33.8 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $43,881 |
| Labor Force Participation | 71.9% |
| Unemployment Rate | 6.5% |
| Average Commute Time | 23.0 mins |
Housing & Community Metrics
| Home Ownership Rate | 58.9% |
| Median Rent | $1,291 |
| Rent Burdened (>30% Income) | 32.0% |
| Total Housing Units | 14,789 |
Additional Census & Housing Profile
Geographic Overview
| Primary City | Minneapolis |
| County | Hennepin |
| County FIPS | 27053 |
| Metro Area (CBSA) | Minneapolis-St. Paul-Bloomington, MN-WI |
| Combined Area (CSA) | Minneapolis-St. Paul, MN-WI |
| Population Density | 3,622.8/sq mi |
| Coordinates (lat/lng) | 44.9348, -93.2526 |
| Timezone | America/Chicago |
Household Structure
| Average Family Size | 3.39 |
| Dual Income Families | 63.4% |
Marital Status
| Married | 36.9% |
| Never Married | 50.7% |
| Divorced | 10.0% |
| Widowed | 2.4% |
Gender
| Male | 50.0% |
| Female | 50.0% |
Health & Poverty
| Uninsured Rate (Health) | 7.2% |
| Poverty Rate | 17.4% |
Key Population Groups
| Veterans | 2.4% |
| Disabled Population | 9.8% |
| Limited English Proficiency | 6.8% |
All ZIP Codes in Minneapolis
Showing 10 of 65| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 55407 Current | 37,667 | $78,464 | $335,385 |
| 55423 | 36,724 | $85,182 | $343,371 |
| 55406 | 36,581 | $93,910 | $354,005 |
| 55416 | 35,015 | $105,958 | $458,085 |
| 55414 | 35,007 | $51,966 | $446,523 |
| 55433 | 34,463 | $78,054 | $296,832 |
| 55449 | 34,443 | $131,832 | $438,331 |
| 55432 | 33,672 | $79,520 | $301,031 |
| 55443 | 33,660 | $95,082 | $373,190 |
| 55434 | 33,029 | $90,336 | $291,810 |
| 55428 | 32,499 | $74,860 | $299,286 |
| 55408 | 31,507 | $70,326 | $395,728 |
| 55418 | 31,505 | $99,397 | $347,792 |
| 55421 | 30,843 | $70,772 | $273,477 |
| 55419 | 29,738 | $148,350 | $497,754 |
| 55448 | 29,005 | $103,461 | $315,823 |
| 55404 | 28,920 | $41,940 | $291,510 |
| 55422 | 28,452 | $93,914 | $324,868 |
| 55446 | 28,247 | $170,625 | $582,907 |
| 55411 | 27,741 | $60,225 | $246,777 |
| 55429 | 27,024 | $72,253 | $279,250 |
| 55426 | 25,251 | $99,347 | $365,681 |
| 55417 | 25,102 | $126,261 | $382,666 |
| 55427 | 24,764 | $92,821 | $360,684 |
| 55412 | 24,460 | $68,682 | $232,798 |
| 55420 | 24,451 | $82,170 | $327,985 |
| 55430 | 22,749 | $75,716 | $256,194 |
| 55447 | 20,931 | $133,555 | $471,378 |
| 55410 | 20,422 | $146,425 | $617,153 |
| 55437 | 18,881 | $95,718 | $381,382 |
| 55431 | 18,664 | $101,484 | $373,359 |
| 55441 | 17,944 | $101,981 | $479,662 |
| 55403 | 17,601 | $60,873 | $305,870 |
| 55405 | 17,198 | $73,053 | $467,398 |
| 55444 | 16,559 | $117,198 | $330,177 |
| 55438 | 15,701 | $106,432 | $414,215 |
| 55413 | 14,655 | $85,282 | $371,754 |
| 55436 | 14,462 | $144,129 | $643,693 |
| 55435 | 14,192 | $79,884 | $397,560 |
| 55445 | 13,546 | $104,150 | $327,950 |
| 55442 | 12,694 | $123,859 | $459,048 |
| 55401 | 11,816 | $113,522 | $399,550 |
| 55409 | 11,188 | $98,305 | $378,965 |
| 55425 | 10,908 | $76,274 | $341,623 |
| 55424 | 10,289 | $250,000+ | $991,752 |
| 55439 | 9,459 | $168,693 | $643,549 |
| 55454 | 8,880 | $23,100 | $207,394 |
| 55415 | 6,900 | $124,921 | $625,000 |
| 55455 | 5,390 | - | - |
| 55402 | 667 | $62,105 | - |
| 55450 | 124 | - | - |
| 55470 | - | - | - |
| 55488 | - | - | - |
| 55487 | - | - | - |
| 55486 | - | - | - |
| 55485 | - | - | - |
| 55484 | - | - | - |
| 55483 | - | - | - |
| 55479 | - | - | - |
| 55474 | - | - | - |
| 55467 | - | - | - |
| 55480 | - | - | - |
| 55459 | - | - | - |
| 55458 | - | - | - |
| 55440 | - | - | - |
Nearby ZIP Codes
| ZIP Code | City / State | Distance | Population |
|---|---|---|---|
| 55409 | Minneapolis, MN | 1.4 miles | 11,188 |
| 55406 | Minneapolis, MN | 1.6 miles | 36,581 |
| 55404 | Minneapolis, MN | 1.9 miles | 28,920 |
| 55408 | Minneapolis, MN | 2.1 miles | 31,507 |
| 55417 | Minneapolis, MN | 2.2 miles | 25,102 |
| 55454 | Minneapolis, MN | 2.5 miles | 8,880 |
| 55419 | Minneapolis, MN | 2.6 miles | 29,738 |
| 55415 | Minneapolis, MN | 2.8 miles | 6,900 |
| 55403 | Minneapolis, MN | 2.9 miles | 17,601 |
| 55455 | Minneapolis, MN | 2.9 miles | 5,390 |
| 55402 | Minneapolis, MN | 3 miles | 667 |
| 55414 | Minneapolis, MN | 3.3 miles | 35,007 |
| 55405 | Minneapolis, MN | 3.5 miles | 17,198 |
| 55410 | Minneapolis, MN | 3.5 miles | 20,422 |
| 55114 | Saint Paul, MN | 3.6 miles | 5,049 |
| 55401 | Minneapolis, MN | 3.6 miles | 11,816 |
| 55450 | Minneapolis, MN | 4.1 miles | 124 |
| 55105 | Saint Paul, MN | 4.2 miles | 28,617 |
| 55423 | Minneapolis, MN | 4.3 miles | 36,724 |
| 55111 | Saint Paul, MN | 4.4 miles | 233 |
| 55116 | Saint Paul, MN | 4.4 miles | 25,918 |
| 55413 | Minneapolis, MN | 4.4 miles | 14,655 |
| 55416 | Minneapolis, MN | 4.5 miles | 35,015 |
| 55104 | Saint Paul, MN | 4.6 miles | 45,762 |
| 55424 | Minneapolis, MN | 4.7 miles | 10,289 |
| 55108 | Saint Paul, MN | 5 miles | 15,224 |
| 55411 | Minneapolis, MN | 5 miles | 27,741 |
| 55150 | Mendota, MN | 5.5 miles | 201 |
| 55435 | Minneapolis, MN | 5.8 miles | 14,192 |
| 55418 | Minneapolis, MN | 6 miles | 31,505 |
| 55436 | Minneapolis, MN | 6.3 miles | 14,462 |
| 55102 | Saint Paul, MN | 6.4 miles | 19,630 |
| 55425 | Minneapolis, MN | 6.4 miles | 10,908 |
| 55426 | Minneapolis, MN | 6.5 miles | 25,251 |
| 55103 | Saint Paul, MN | 6.6 miles | 13,125 |
| 55120 | Saint Paul, MN | 6.7 miles | 5,058 |
| 55412 | Minneapolis, MN | 6.7 miles | 24,460 |
| 55422 | Minneapolis, MN | 6.7 miles | 28,452 |
| 55420 | Minneapolis, MN | 7 miles | 24,451 |
| 55113 | Saint Paul, MN | 7.2 miles | 40,819 |
| 55439 | Minneapolis, MN | 7.3 miles | 9,459 |
| 55118 | Saint Paul, MN | 7.7 miles | 29,564 |
| 55121 | Saint Paul, MN | 7.7 miles | 9,198 |
| 55421 | Minneapolis, MN | 8 miles | 30,843 |
| 55427 | Minneapolis, MN | 8 miles | 24,764 |
| 55343 | Hopkins, MN | 8.1 miles | 27,102 |
| 55431 | Minneapolis, MN | 8.1 miles | 18,664 |
| 55101 | Saint Paul, MN | 8.2 miles | 7,911 |
| 55107 | Saint Paul, MN | 8.5 miles | 15,377 |
| 55130 | Saint Paul, MN | 8.7 miles | 17,775 |
| 55117 | Saint Paul, MN | 8.8 miles | 44,697 |
| 55305 | Hopkins, MN | 8.9 miles | 21,068 |
| 55437 | Minneapolis, MN | 8.9 miles | 18,881 |
| 55430 | Minneapolis, MN | 9.2 miles | 22,749 |
| 55122 | Saint Paul, MN | 9.5 miles | 32,261 |
| 55438 | Minneapolis, MN | 9.8 miles | 15,701 |
| 55429 | Minneapolis, MN | 9.9 miles | 27,024 |
| 55441 | Minneapolis, MN | 9.9 miles | 17,944 |
| 55344 | Eden Prairie, MN | 10 miles | 14,034 |
| 55112 | Saint Paul, MN | 10.1 miles | 45,346 |
| 55106 | Saint Paul, MN | 10.2 miles | 56,708 |
| 55123 | Saint Paul, MN | 10.6 miles | 26,501 |
| 55075 | South Saint Paul, MN | 10.8 miles | 20,714 |
| 55428 | Minneapolis, MN | 10.9 miles | 32,499 |
| 55337 | Burnsville, MN | 11 miles | 47,633 |
| 55432 | Minneapolis, MN | 11.2 miles | 33,672 |
| 55345 | Minnetonka, MN | 11.4 miles | 20,789 |
| 55442 | Minneapolis, MN | 11.6 miles | 12,694 |
| 55077 | Inver Grove Heights, MN | 11.8 miles | 14,503 |
| 55126 | Saint Paul, MN | 11.9 miles | 27,456 |
| 55346 | Eden Prairie, MN | 11.9 miles | 18,588 |
| 55119 | Saint Paul, MN | 12 miles | 44,567 |
| 55444 | Minneapolis, MN | 12.2 miles | 16,559 |
| 55109 | Saint Paul, MN | 12.4 miles | 33,461 |
| 55447 | Minneapolis, MN | 12.4 miles | 20,931 |
| 55076 | Inver Grove Heights, MN | 12.8 miles | 21,374 |
| 55347 | Eden Prairie, MN | 12.8 miles | 30,429 |
| 55055 | Newport, MN | 13.2 miles | 4,754 |
| 55127 | Saint Paul, MN | 13.2 miles | 18,090 |
| 55124 | Saint Paul, MN | 13.3 miles | 55,658 |
| 55378 | Savage, MN | 13.4 miles | 32,162 |
| 55443 | Minneapolis, MN | 13.4 miles | 33,660 |
| 55446 | Minneapolis, MN | 13.8 miles | 28,247 |
| 55306 | Burnsville, MN | 14.2 miles | 16,830 |
| 55391 | Wayzata, MN | 14.3 miles | 15,502 |
| 55445 | Minneapolis, MN | 14.4 miles | 13,546 |
| 55128 | Saint Paul, MN | 14.6 miles | 29,384 |
| 55071 | Saint Paul Park, MN | 14.7 miles | 5,719 |
| 55125 | Saint Paul, MN | 15.1 miles | 44,185 |
| 55317 | Chanhassen, MN | 15.6 miles | 22,299 |
| 55433 | Minneapolis, MN | 16 miles | 34,463 |
| 55434 | Minneapolis, MN | 16.1 miles | 33,029 |
| 55110 | Saint Paul, MN | 16.2 miles | 37,305 |
| 55369 | Osseo, MN | 16.4 miles | 39,290 |
| 55068 | Rosemount, MN | 16.5 miles | 33,119 |
| 55090 | Willernie, MN | 16.6 miles | 401 |
| 55311 | Maple Grove, MN | 16.7 miles | 38,472 |
| 55449 | Minneapolis, MN | 16.7 miles | 34,443 |
| 55356 | Long Lake, MN | 16.8 miles | 5,696 |
| 55129 | Saint Paul, MN | 17.2 miles | 34,120 |