ZIP 55403 vs ZIP 55407
A side-by-side comparison of ZIP Code 55403 and ZIP Code 55407: population, income, housing, and more.
ZIP 55403 and ZIP 55407 are ZIP Code areas in Minnesota. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.
ZIP 55407 has the higher population (36,992 vs 17,354 in ZIP 55403). ZIP 55407 has the higher median household income ($78,206 vs $59,928 in ZIP 55403). ZIP 55407 has the higher median home value ($317,000 vs $285,200 in ZIP 55403).
Population, income & housing
| ZIP 55403 | ZIP 55407 | |
|---|---|---|
| Population | 17,354 | 36,992 |
| Median age | 34.3 yrs | 34.3 yrs |
| Median household income | $59,928 | $78,206 |
| Median home value | $285,200 | $317,000 |
| Median gross rent | $1,199 | $1,219 |
| Housing units | 12,906 | 15,979 |
| Homeownership rate | 25.1% | 60.3% |
| Bachelor's degree or higher | 59.3% | 48.5% |
| Unemployment rate | 5.3% | 7.1% |
Trends (ACS 5-year, 2019–2023)
| ZIP 55403 | ZIP 55407 | |
|---|---|---|
| Population | 16,784 → 17,354 (+3.4%) | 40,980 → 36,992 (-9.7%) |
| Median household income | $48,682 → $59,928 (+23.1%) | $62,091 → $78,206 (+26.0%) |
| Median home value | $303,200 → $285,200 (-5.9%) | $214,500 → $317,000 (+47.8%) |
| Median gross rent | $960 → $1,199 (+24.9%) | $1,019 → $1,219 (+19.6%) |
ZIP 55403
16,78417,354
$48,682$59,928
$303,200$285,200
$960$1,199
ZIP 55407
40,98036,992
$62,091$78,206
$214,500$317,000
$1,019$1,219
Age & race/ethnicity
Age distribution (share)
| ZIP 55403 | ZIP 55407 | |
|---|---|---|
| Under 5 | 2.4% | 6.2% |
| 5 to 17 | 4.3% | 18.9% |
| 18 to 24 | 10.8% | 5.8% |
| 25 to 34 | 34.1% | 20.3% |
| 35 to 44 | 13.6% | 18.1% |
| 45 to 54 | 11.9% | 10.7% |
| 55 to 64 | 10.1% | 10.0% |
| 65 to 74 | 6.0% | 7.1% |
| 75 and over | 6.9% | 3.0% |
Race & ethnicity (share)
| ZIP 55403 | ZIP 55407 | |
|---|---|---|
| White (non-Hispanic) | 68.7% | 50.0% |
| Black or African American | 14.2% | 18.3% |
| American Indian & Alaska Native | 0.9% | 0.8% |
| Asian | 4.6% | 1.8% |
| Native Hawaiian & Pacific Islander | 0.1% | 0.0% |
| Some other race | 0.5% | 0.6% |
| Two or more races | 3.9% | 5.3% |
| Hispanic or Latino | 7.0% | 23.3% |
Educational attainment (age 25+)
Share of adults 25+
| ZIP 55403 | ZIP 55407 | |
|---|---|---|
| No high school diploma | 3.5% | 14.8% |
| High school graduate | 10.8% | 14.0% |
| Some college or associate's | 26.4% | 22.7% |
| Bachelor's degree | 39.3% | 31.2% |
| Graduate or professional degree | 20.0% | 17.3% |
Commute to work
How workers get to work (share)
| ZIP 55403 | ZIP 55407 | |
|---|---|---|
| Drove alone | 44.1% | 54.5% |
| Carpooled | 3.0% | 7.3% |
| Public transit | 11.2% | 7.6% |
| Walked | 14.2% | 3.7% |
| Bicycle | 3.5% | 2.9% |
| Worked from home | 22.0% | 22.6% |
| Other means | 2.1% | 1.4% |
Housing
Units in structure (share)
| ZIP 55403 | ZIP 55407 | |
|---|---|---|
| 1-unit, detached | 5.7% | 50.4% |
| 1-unit, attached | 1.3% | 3.6% |
| 2 to 4 units | 3.0% | 22.0% |
| 5 to 19 units | 11.6% | 10.2% |
| 20 or more units | 78.1% | 13.2% |
| Mobile home & other | 0.2% | 0.5% |
Poverty & households
| ZIP 55403 | ZIP 55407 | |
|---|---|---|
| Poverty rate | 15.4% | 16.9% |
| Average household size | 1.41 | 2.47 |
| Mean commute (minutes) | 23 | 24 |
| Median year structure built | 1970 | 1938 |