ZIP Code 55403

ZIP Code Tabulation Area in Hennepin County, Minnesota.

Population: 17,354
Median household income: $59,928
Median home value: $285,200

ZIP Code 55403 (Hennepin County, Minnesota) is home to about 17,354 residents. Its median household income of $59,928 runs below the Hennepin County figure of $96,339.

From 2019 to 2023, ZIP Code 55403's population grew 3.4% from 16,784 to 17,354, while its median gross rent rose 24.9% from $960 to $1,199.

5.7% of homes are single-family detached houses. The typical home was built around 1970.

Demographics

ACS 2019–2023

Population: 17,354
Median age: 34.3 yrs
Median household income: $59,928
Median home value: $285,200
Median gross rent: $1,199
Housing units: 12,906
Homeownership rate: 25.1%
Bachelor's degree or higher: 59.3%
Unemployment rate: 5.3%

Trends

ACS 5-year · 2019–2023

Population

16,78417,354

Median household income

$48,682$59,928

Median home value

$303,200$285,200

Median gross rent

$960$1,199

Year	Population	Median household income	Median home value	Median gross rent
2019	16,784	$48,682	$303,200	$960
2020	16,437	$50,584	$256,900	$976
2021	16,349	$55,520	$249,900	$1,094
2022	17,161	$58,895	$292,300	$1,179
2023	17,354	$59,928	$285,200	$1,199

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 52.4%

5 to 174.3%

18 to 2410.8%

25 to 3434.1%

35 to 4413.6%

45 to 5411.9%

55 to 6410.1%

65 to 746.0%

75 and over6.9%

	Count	Share
Under 5	409	2.4%
5 to 17	754	4.3%
18 to 24	1,868	10.8%
25 to 34	5,917	34.1%
35 to 44	2,356	13.6%
45 to 54	2,071	11.9%
55 to 64	1,753	10.1%
65 to 74	1,034	6.0%
75 and over	1,192	6.9%

Race & ethnicity

	Count	Share
White (non-Hispanic)	11,928	68.7%
Black or African American	2,469	14.2%
American Indian & Alaska Native	162	0.9%
Asian	796	4.6%
Native Hawaiian & Pacific Islander	12	0.1%
Some other race	92	0.5%
Two or more races	673	3.9%
Hispanic or Latino (any race)	1,222	7.0%

Educational attainment (age 25+)

No high school diploma3.5%

High school graduate10.8%

Some college or associate's26.4%

Bachelor's degree39.3%

Graduate or professional degree20.0%

	Count	Share
No high school diploma	505	3.5%
High school graduate	1,549	10.8%
Some college or associate's	3,779	26.4%
Bachelor's degree	5,627	39.3%
Graduate or professional degree	2,863	20.0%

Commute to work

Mean travel time to work: 23 min

Drove alone44.1%

Carpooled3.0%

Public transit11.2%

Walked14.2%

Bicycle3.5%

Worked from home22.0%

Other means2.1%

How workers get to work

	Count	Share
Drove alone	5,173	44.1%
Carpooled	347	3.0%
Public transit	1,313	11.2%
Walked	1,671	14.2%
Bicycle	406	3.5%
Worked from home	2,577	22.0%
Other means	245	2.1%

Travel time

	Count	Share
Under 15 min	2,594	28.3%
15 to 29 min	3,975	43.4%
30 to 44 min	1,457	15.9%
45 to 59 min	608	6.6%
60+ min	521	5.7%

Households

Average household size: 1.41
Poverty rate: 15.4% (2,621 of 17,063)

	Count	Share
Family households	2,144	18.6%
Nonfamily households	9,388	81.4%

Housing

Median year structure built: 1970

Occupancy

	Count	Share
Occupied	11,532	89.4%
Vacant	1,374	10.6%

Tenure (of occupied units)

	Count	Share
Owner-occupied	2,890	25.1%
Renter-occupied	8,642	74.9%

1-unit, detached5.7%

1-unit, attached1.3%

2 to 4 units3.0%

5 to 19 units11.6%

20 or more units78.1%

Mobile home & other0.2%

Units in structure

	Count	Share
1-unit, detached	739	5.7%
1-unit, attached	173	1.3%
2 to 4 units	392	3.0%
5 to 19 units	1,500	11.6%
20 or more units	10,080	78.1%
Mobile home & other	22	0.2%

ZIP Code 55403

Demographics

Trends

Age distribution

Race & ethnicity

Educational attainment (age 25+)

Commute to work

Households

Housing

Geography

Counties this ZIP covers

Compare with nearby ZIP codes

National ZIP rankings

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