ZIP Code 55408
Located in Minneapolis, MN (Hennepin County)
ZIP Code 55408 (Minneapolis, MN): Quick Facts & Overview
- Population: 31,507 residents (4,528 people per sq. mi.)
- Average House Price: $395,728
- Average Household Income: $70,326
ZIP code 55408 primarily serves Minneapolis, MN in Hennepin County. An estimated 31,507 people live within this area, with about 4,528 residents living in every square mile.
If you are looking for a home in ZIP code 55408, the average price is around $395,728. That makes local housing 52% higher than the Minnesota average of $260,056, and 28% higher than the national average of $308,592.
The average household in 55408 earns about $70,326 a year. This income is 14% lower than the average family in Minnesota ($82,068), and 11% lower than the national average ($78,686).
Population
31,507
Median Household Income
$70,326
Median Home Value
$395,728
Median Age
30.9 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $49,873 |
| Labor Force Participation | 81.8% |
| Unemployment Rate | 7.4% |
| Average Commute Time | 24.0 mins |
Housing & Community Metrics
| Home Ownership Rate | 23.6% |
| Median Rent | $1,364 |
| Rent Burdened (>30% Income) | 28.0% |
| Total Housing Units | 17,344 |
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 | 4,527.5/sq mi |
| Coordinates (lat/lng) | 44.9436, -93.2937 |
| Timezone | America/Chicago |
Household Structure
| Average Family Size | 3.02 |
| Dual Income Families | 59.2% |
Marital Status
| Married | 23.3% |
| Never Married | 64.1% |
| Divorced | 10.8% |
| Widowed | 1.8% |
Gender
| Male | 50.6% |
| Female | 49.4% |
Health & Poverty
| Uninsured Rate (Health) | 9.1% |
| Poverty Rate | 16.4% |
Key Population Groups
| Veterans | 3.5% |
| Disabled Population | 12.2% |
| Limited English Proficiency | 5.2% |
All ZIP Codes in Minneapolis
Showing 10 of 65| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 55407 | 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 Current | 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 | 1.1 miles | 11,188 |
| 55403 | Minneapolis, MN | 1.9 miles | 17,601 |
| 55405 | Minneapolis, MN | 1.9 miles | 17,198 |
| 55404 | Minneapolis, MN | 2 miles | 28,920 |
| 55407 | Minneapolis, MN | 2.1 miles | 37,667 |
| 55410 | Minneapolis, MN | 2.4 miles | 20,422 |
| 55416 | Minneapolis, MN | 2.4 miles | 35,015 |
| 55402 | Minneapolis, MN | 2.5 miles | 667 |
| 55419 | Minneapolis, MN | 2.6 miles | 29,738 |
| 55415 | Minneapolis, MN | 2.8 miles | 6,900 |
| 55401 | Minneapolis, MN | 3.1 miles | 11,816 |
| 55454 | Minneapolis, MN | 3.1 miles | 8,880 |
| 55424 | Minneapolis, MN | 3.5 miles | 10,289 |
| 55406 | Minneapolis, MN | 3.6 miles | 36,581 |
| 55455 | Minneapolis, MN | 3.6 miles | 5,390 |
| 55411 | Minneapolis, MN | 3.9 miles | 27,741 |
| 55417 | Minneapolis, MN | 3.9 miles | 25,102 |
| 55414 | Minneapolis, MN | 4.1 miles | 35,007 |
| 55426 | Minneapolis, MN | 4.4 miles | 25,251 |
| 55413 | Minneapolis, MN | 4.5 miles | 14,655 |
| 55423 | Minneapolis, MN | 4.7 miles | 36,724 |
| 55436 | Minneapolis, MN | 4.8 miles | 14,462 |
| 55114 | Saint Paul, MN | 5.1 miles | 5,049 |
| 55422 | Minneapolis, MN | 5.1 miles | 28,452 |
| 55435 | Minneapolis, MN | 5.2 miles | 14,192 |
| 55450 | Minneapolis, MN | 5.6 miles | 124 |
| 55412 | Minneapolis, MN | 5.7 miles | 24,460 |
| 55418 | Minneapolis, MN | 5.9 miles | 31,505 |
| 55427 | Minneapolis, MN | 6.1 miles | 24,764 |
| 55105 | Saint Paul, MN | 6.2 miles | 28,617 |
| 55439 | Minneapolis, MN | 6.2 miles | 9,459 |
| 55111 | Saint Paul, MN | 6.3 miles | 233 |
| 55343 | Hopkins, MN | 6.3 miles | 27,102 |
| 55104 | Saint Paul, MN | 6.4 miles | 45,762 |
| 55108 | Saint Paul, MN | 6.4 miles | 15,224 |
| 55116 | Saint Paul, MN | 6.5 miles | 25,918 |
| 55305 | Hopkins, MN | 6.8 miles | 21,068 |
| 55420 | Minneapolis, MN | 7.5 miles | 24,451 |
| 55425 | Minneapolis, MN | 7.5 miles | 10,908 |
| 55150 | Mendota, MN | 7.6 miles | 201 |
| 55421 | Minneapolis, MN | 7.7 miles | 30,843 |
| 55441 | Minneapolis, MN | 7.8 miles | 17,944 |
| 55431 | Minneapolis, MN | 8.2 miles | 18,664 |
| 55113 | Saint Paul, MN | 8.3 miles | 40,819 |
| 55430 | Minneapolis, MN | 8.3 miles | 22,749 |
| 55103 | Saint Paul, MN | 8.4 miles | 13,125 |
| 55102 | Saint Paul, MN | 8.5 miles | 19,630 |
| 55120 | Saint Paul, MN | 8.6 miles | 5,058 |
| 55344 | Eden Prairie, MN | 8.6 miles | 14,034 |
| 55437 | Minneapolis, MN | 8.6 miles | 18,881 |
| 55429 | Minneapolis, MN | 8.7 miles | 27,024 |
| 55438 | Minneapolis, MN | 9.2 miles | 15,701 |
| 55428 | Minneapolis, MN | 9.3 miles | 32,499 |
| 55121 | Saint Paul, MN | 9.4 miles | 9,198 |
| 55345 | Minnetonka, MN | 9.5 miles | 20,789 |
| 55442 | Minneapolis, MN | 9.7 miles | 12,694 |
| 55118 | Saint Paul, MN | 9.8 miles | 29,564 |
| 55101 | Saint Paul, MN | 10.1 miles | 7,911 |
| 55346 | Eden Prairie, MN | 10.2 miles | 18,588 |
| 55112 | Saint Paul, MN | 10.3 miles | 45,346 |
| 55117 | Saint Paul, MN | 10.3 miles | 44,697 |
| 55447 | Minneapolis, MN | 10.3 miles | 20,931 |
| 55107 | Saint Paul, MN | 10.5 miles | 15,377 |
| 55130 | Saint Paul, MN | 10.5 miles | 17,775 |
| 55122 | Saint Paul, MN | 10.8 miles | 32,261 |
| 55432 | Minneapolis, MN | 10.8 miles | 33,672 |
| 55444 | Minneapolis, MN | 11.3 miles | 16,559 |
| 55337 | Burnsville, MN | 11.6 miles | 47,633 |
| 55347 | Eden Prairie, MN | 11.6 miles | 30,429 |
| 55446 | Minneapolis, MN | 11.8 miles | 28,247 |
| 55106 | Saint Paul, MN | 12.1 miles | 56,708 |
| 55391 | Wayzata, MN | 12.2 miles | 15,502 |
| 55123 | Saint Paul, MN | 12.3 miles | 26,501 |
| 55443 | Minneapolis, MN | 12.3 miles | 33,660 |
| 55126 | Saint Paul, MN | 12.5 miles | 27,456 |
| 55075 | South Saint Paul, MN | 12.9 miles | 20,714 |
| 55445 | Minneapolis, MN | 13.1 miles | 13,546 |
| 55378 | Savage, MN | 13.3 miles | 32,162 |
| 55077 | Inver Grove Heights, MN | 13.7 miles | 14,503 |
| 55317 | Chanhassen, MN | 13.9 miles | 22,299 |
| 55109 | Saint Paul, MN | 14 miles | 33,461 |
| 55119 | Saint Paul, MN | 14 miles | 44,567 |
| 55127 | Saint Paul, MN | 14.2 miles | 18,090 |
| 55124 | Saint Paul, MN | 14.4 miles | 55,658 |
| 55306 | Burnsville, MN | 14.7 miles | 16,830 |
| 55356 | Long Lake, MN | 14.7 miles | 5,696 |
| 55369 | Osseo, MN | 14.8 miles | 39,290 |
| 55076 | Inver Grove Heights, MN | 14.9 miles | 21,374 |
| 55311 | Maple Grove, MN | 14.9 miles | 38,472 |
| 55433 | Minneapolis, MN | 15.1 miles | 34,463 |
| 55055 | Newport, MN | 15.3 miles | 4,754 |
| 55331 | Excelsior, MN | 15.7 miles | 19,805 |
| 55434 | Minneapolis, MN | 15.7 miles | 33,029 |
| 55316 | Champlin, MN | 16.3 miles | 23,294 |
| 55128 | Saint Paul, MN | 16.4 miles | 29,384 |
| 55449 | Minneapolis, MN | 16.5 miles | 34,443 |
| 55340 | Hamel, MN | 16.6 miles | 10,183 |
| 55384 | Spring Park, MN | 16.6 miles | 1,896 |
| 55071 | Saint Paul Park, MN | 16.8 miles | 5,719 |
| 55379 | Shakopee, MN | 17 miles | 50,041 |