ZIP Code 55414
ZIP Code Tabulation Area in Hennepin County, Minnesota.
- Population
- 33,739
- Median household income
- $47,004
- Median home value
- $454,200
-6.1%’19–’23
+15.2%’19–’23
+41.8%’19–’23
ZIP Code 55414 (Hennepin County, Minnesota) is home to about 33,739 residents. The median household income of $47,004 is below the Hennepin County median ($96,339).
From 2019 to 2023, ZIP Code 55414's population declined 6.1% from 35,925 to 33,739, while its median gross rent rose 25.6% from $1,089 to $1,368.
13.1% of homes are single-family detached houses. The typical home was built around 1988.
Demographics
ACS 2019–2023- Population
- 33,739
- Median age
- 22.9 yrs
- Median household income
- $47,004
- Median home value
- $454,200
- Median gross rent
- $1,368
- Housing units
- 15,541
- Homeownership rate
- 14.7%
- Bachelor's degree or higher
- 67.6%
- Unemployment rate
- 4.9%
Trends
ACS 5-year · 2019–202335,92533,739
$40,812$47,004
$320,200$454,200
$1,089$1,368
| Year | Population | Median household income | Median home value | Median gross rent |
|---|---|---|---|---|
| 2019 | 35,925 | $40,812 | $320,200 | $1,089 |
| 2020 | 36,017 | $42,139 | $369,800 | $1,183 |
| 2021 | 31,788 | $43,001 | $367,300 | $1,292 |
| 2022 | 33,342 | $47,479 | $426,300 | $1,388 |
| 2023 | 33,739 | $47,004 | $454,200 | $1,368 |
Each year is a US Census Bureau ACS 5-year estimate ending that year.
Age distribution
Under 52.5%
5 to 172.2%
18 to 2455.7%
25 to 3421.7%
35 to 445.2%
45 to 543.5%
55 to 644.2%
65 to 743.0%
75 and over2.0%
| Count | Share | |
|---|---|---|
| Under 5 | 843 | 2.5% |
| 5 to 17 | 749 | 2.2% |
| 18 to 24 | 18,785 | 55.7% |
| 25 to 34 | 7,320 | 21.7% |
| 35 to 44 | 1,770 | 5.2% |
| 45 to 54 | 1,182 | 3.5% |
| 55 to 64 | 1,425 | 4.2% |
| 65 to 74 | 1,003 | 3.0% |
| 75 and over | 662 | 2.0% |
Race & ethnicity
| Count | Share | |
|---|---|---|
| White (non-Hispanic) | 22,150 | 65.7% |
| Black or African American | 2,674 | 7.9% |
| American Indian & Alaska Native | 140 | 0.4% |
| Asian | 4,157 | 12.3% |
| Native Hawaiian & Pacific Islander | 3 | 0.0% |
| Some other race | 260 | 0.8% |
| Two or more races | 1,711 | 5.1% |
| Hispanic or Latino (any race) | 2,644 | 7.8% |
Educational attainment (age 25+)
No high school diploma6.8%
High school graduate11.1%
Some college or associate's14.5%
Bachelor's degree38.1%
Graduate or professional degree29.5%
| Count | Share | |
|---|---|---|
| No high school diploma | 902 | 6.8% |
| High school graduate | 1,489 | 11.1% |
| Some college or associate's | 1,932 | 14.5% |
| Bachelor's degree | 5,097 | 38.1% |
| Graduate or professional degree | 3,942 | 29.5% |
Commute to work
- Mean travel time to work
- 20 min
Drove alone48.3%
Carpooled5.2%
Public transit11.4%
Walked12.9%
Bicycle3.5%
Worked from home18.4%
Other means0.3%
How workers get to work
| Count | Share | |
|---|---|---|
| Drove alone | 10,276 | 48.3% |
| Carpooled | 1,104 | 5.2% |
| Public transit | 2,428 | 11.4% |
| Walked | 2,734 | 12.9% |
| Bicycle | 744 | 3.5% |
| Worked from home | 3,909 | 18.4% |
| Other means | 67 | 0.3% |
Travel time
| Count | Share | |
|---|---|---|
| Under 15 min | 5,226 | 30.1% |
| 15 to 29 min | 8,183 | 47.2% |
| 30 to 44 min | 2,939 | 16.9% |
| 45 to 59 min | 804 | 4.6% |
| 60+ min | 201 | 1.2% |
Households
- Average household size
- 2.25
- Poverty rate
- 40.0% (12,459 of 31,143)
| Count | Share | |
|---|---|---|
| Family households | 2,728 | 19.8% |
| Nonfamily households | 11,050 | 80.2% |
Housing
- Median year structure built
- 1988
Occupancy
| Count | Share | |
|---|---|---|
| Occupied | 13,778 | 88.7% |
| Vacant | 1,763 | 11.3% |
Tenure (of occupied units)
| Count | Share | |
|---|---|---|
| Owner-occupied | 2,031 | 14.7% |
| Renter-occupied | 11,747 | 85.3% |
1-unit, detached13.1%
1-unit, attached4.6%
2 to 4 units9.6%
5 to 19 units18.8%
20 or more units53.7%
Mobile home & other0.2%
Units in structure
| Count | Share | |
|---|---|---|
| 1-unit, detached | 2,030 | 13.1% |
| 1-unit, attached | 711 | 4.6% |
| 2 to 4 units | 1,490 | 9.6% |
| 5 to 19 units | 2,927 | 18.8% |
| 20 or more units | 8,347 | 53.7% |
| Mobile home & other | 36 | 0.2% |
Geography
- ZCTA
- 55414
- Land area
- 3.12 sq mi
- Water area
- 0.14 sq mi
- Center point
- 44.9784, -93.2224
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)