ZIP Code 55401
ZIP Code Tabulation Area in Hennepin County, Minnesota.
- Population
- 11,526
- Median household income
- $115,651
- Median home value
- $401,500
+12.6%’19–’23
+23.0%’19–’23
+15.9%’19–’23
ZIP Code 55401 (Hennepin County, Minnesota) is home to about 11,526 residents. The median household income of $115,651 is above the Hennepin County median ($96,339).
From 2019 to 2023, ZIP Code 55401's population grew 12.6% from 10,238 to 11,526, while its median gross rent rose 18.8% from $1,692 to $2,010.
Owners occupy 29.0% of the area's occupied homes. The median resident is 34.9 years old.
Demographics
ACS 2019–2023- Population
- 11,526
- Median age
- 34.9 yrs
- Median household income
- $115,651
- Median home value
- $401,500
- Median gross rent
- $2,010
- Housing units
- 8,988
- Homeownership rate
- 29.0%
- Bachelor's degree or higher
- 79.2%
- Unemployment rate
- 1.4%
Trends
ACS 5-year · 2019–202310,23811,526
$94,007$115,651
$346,400$401,500
$1,692$2,010
| Year | Population | Median household income | Median home value | Median gross rent |
|---|---|---|---|---|
| 2019 | 10,238 | $94,007 | $346,400 | $1,692 |
| 2020 | 10,942 | $102,558 | $319,600 | $1,780 |
| 2021 | 10,957 | $106,756 | $347,500 | $1,830 |
| 2022 | 11,510 | $118,188 | $389,600 | $1,950 |
| 2023 | 11,526 | $115,651 | $401,500 | $2,010 |
Each year is a US Census Bureau ACS 5-year estimate ending that year.
Age distribution
Under 52.2%
5 to 172.1%
18 to 248.0%
25 to 3438.2%
35 to 4417.8%
45 to 548.3%
55 to 6411.2%
65 to 749.2%
75 and over3.0%
| Count | Share | |
|---|---|---|
| Under 5 | 250 | 2.2% |
| 5 to 17 | 246 | 2.1% |
| 18 to 24 | 927 | 8.0% |
| 25 to 34 | 4,404 | 38.2% |
| 35 to 44 | 2,056 | 17.8% |
| 45 to 54 | 957 | 8.3% |
| 55 to 64 | 1,288 | 11.2% |
| 65 to 74 | 1,055 | 9.2% |
| 75 and over | 343 | 3.0% |
Race & ethnicity
| Count | Share | |
|---|---|---|
| White (non-Hispanic) | 8,592 | 74.5% |
| Black or African American | 544 | 4.7% |
| American Indian & Alaska Native | 0 | 0.0% |
| Asian | 1,006 | 8.7% |
| Native Hawaiian & Pacific Islander | 14 | 0.1% |
| Some other race | 29 | 0.3% |
| Two or more races | 416 | 3.6% |
| Hispanic or Latino (any race) | 925 | 8.0% |
Educational attainment (age 25+)
No high school diploma0.7%
High school graduate5.7%
Some college or associate's14.4%
Bachelor's degree39.7%
Graduate or professional degree39.5%
| Count | Share | |
|---|---|---|
| No high school diploma | 72 | 0.7% |
| High school graduate | 580 | 5.7% |
| Some college or associate's | 1,451 | 14.4% |
| Bachelor's degree | 4,012 | 39.7% |
| Graduate or professional degree | 3,988 | 39.5% |
Commute to work
- Mean travel time to work
- 20 min
Drove alone40.3%
Carpooled2.3%
Public transit3.3%
Walked21.5%
Bicycle0.7%
Worked from home31.0%
Other means1.0%
How workers get to work
| Count | Share | |
|---|---|---|
| Drove alone | 3,594 | 40.3% |
| Carpooled | 206 | 2.3% |
| Public transit | 292 | 3.3% |
| Walked | 1,917 | 21.5% |
| Bicycle | 62 | 0.7% |
| Worked from home | 2,769 | 31.0% |
| Other means | 85 | 1.0% |
Travel time
| Count | Share | |
|---|---|---|
| Under 15 min | 1,944 | 31.6% |
| 15 to 29 min | 3,094 | 50.3% |
| 30 to 44 min | 823 | 13.4% |
| 45 to 59 min | 89 | 1.4% |
| 60+ min | 206 | 3.3% |
Households
- Average household size
- 1.38
- Poverty rate
- 4.8% (553 of 11,493)
| Count | Share | |
|---|---|---|
| Family households | 1,386 | 16.7% |
| Nonfamily households | 6,893 | 83.3% |
Housing
- Median year structure built
- 1999
Occupancy
| Count | Share | |
|---|---|---|
| Occupied | 8,279 | 92.1% |
| Vacant | 709 | 7.9% |
Tenure (of occupied units)
| Count | Share | |
|---|---|---|
| Owner-occupied | 2,401 | 29.0% |
| Renter-occupied | 5,878 | 71.0% |
1-unit, detached4.6%
1-unit, attached1.4%
2 to 4 units1.3%
5 to 19 units3.9%
20 or more units88.7%
Mobile home & other0.0%
Units in structure
| Count | Share | |
|---|---|---|
| 1-unit, detached | 416 | 4.6% |
| 1-unit, attached | 130 | 1.4% |
| 2 to 4 units | 120 | 1.3% |
| 5 to 19 units | 350 | 3.9% |
| 20 or more units | 7,972 | 88.7% |
| Mobile home & other | 0 | 0.0% |
Geography
- ZCTA
- 55401
- Land area
- 0.79 sq mi
- Water area
- 0.12 sq mi
- Center point
- 44.9854, -93.2702
Counties this ZIP covers
1Compare with nearby ZIP codes
6National ZIP rankings
21- Largest by population
- Most densely populated
- Highest median household income
- Highest median home value
- Most affordable home values
- Highest median gross rent
- Cheapest median gross rent
- Oldest by median age
- Youngest by median age
- Most college-educated
- Highest poverty rate
- Lowest poverty rate
- Highest homeownership rate
- Lowest homeownership rate
- Longest commutes
- Shortest commutes
- Largest households
- Newest housing
- Oldest housing
- Fastest-growing (2019–2023)
- Fastest-shrinking (2019–2023)