ZIP Code 55420
ZIP Code Tabulation Area in Hennepin County, Minnesota.
- Population
- 24,008
- Median household income
- $77,539
- Median home value
- $306,600
+10.9%’19–’23
+30.2%’19–’23
+40.8%’19–’23
Covering part of Hennepin County, Minnesota, ZIP Code 55420 has about 24,008 residents. Its median household income of $77,539 runs below the Hennepin County figure of $96,339.
Between 2019 and 2023, ZIP Code 55420's population grew 10.9% from 21,644 to 24,008, while its median gross rent rose 18.7% from $1,076 to $1,277.
The median resident is 38.8 years old. The largest age group is 5 to 17, 17.3% of residents.
Demographics
ACS 2019–2023- Population
- 24,008
- Median age
- 38.8 yrs
- Median household income
- $77,539
- Median home value
- $306,600
- Median gross rent
- $1,277
- Housing units
- 9,638
- Homeownership rate
- 65.8%
- Bachelor's degree or higher
- 31.5%
- Unemployment rate
- 5.8%
Trends
ACS 5-year · 2019–202321,64424,008
$59,535$77,539
$217,700$306,600
$1,076$1,277
| Year | Population | Median household income | Median home value | Median gross rent |
|---|---|---|---|---|
| 2019 | 21,644 | $59,535 | $217,700 | $1,076 |
| 2020 | 22,215 | $63,271 | $231,200 | $1,088 |
| 2021 | 23,119 | $66,370 | $249,200 | $1,139 |
| 2022 | 23,433 | $73,527 | $284,300 | $1,223 |
| 2023 | 24,008 | $77,539 | $306,600 | $1,277 |
Each year is a US Census Bureau ACS 5-year estimate ending that year.
Age distribution
Under 55.3%
5 to 1717.3%
18 to 249.0%
25 to 3412.6%
35 to 4414.9%
45 to 5411.3%
55 to 6413.3%
65 to 749.9%
75 and over6.5%
| Count | Share | |
|---|---|---|
| Under 5 | 1,278 | 5.3% |
| 5 to 17 | 4,142 | 17.3% |
| 18 to 24 | 2,163 | 9.0% |
| 25 to 34 | 3,015 | 12.6% |
| 35 to 44 | 3,567 | 14.9% |
| 45 to 54 | 2,707 | 11.3% |
| 55 to 64 | 3,201 | 13.3% |
| 65 to 74 | 2,378 | 9.9% |
| 75 and over | 1,557 | 6.5% |
Race & ethnicity
| Count | Share | |
|---|---|---|
| White (non-Hispanic) | 12,607 | 52.5% |
| Black or African American | 4,160 | 17.3% |
| American Indian & Alaska Native | 145 | 0.6% |
| Asian | 1,164 | 4.8% |
| Native Hawaiian & Pacific Islander | 0 | 0.0% |
| Some other race | 635 | 2.6% |
| Two or more races | 959 | 4.0% |
| Hispanic or Latino (any race) | 4,338 | 18.1% |
Educational attainment (age 25+)
No high school diploma13.7%
High school graduate24.8%
Some college or associate's30.0%
Bachelor's degree23.9%
Graduate or professional degree7.6%
| Count | Share | |
|---|---|---|
| No high school diploma | 2,257 | 13.7% |
| High school graduate | 4,079 | 24.8% |
| Some college or associate's | 4,923 | 30.0% |
| Bachelor's degree | 3,918 | 23.9% |
| Graduate or professional degree | 1,248 | 7.6% |
Commute to work
- Mean travel time to work
- 22 min
Drove alone60.8%
Carpooled8.6%
Public transit8.6%
Walked1.3%
Bicycle0.8%
Worked from home18.1%
Other means1.8%
How workers get to work
| Count | Share | |
|---|---|---|
| Drove alone | 7,396 | 60.8% |
| Carpooled | 1,047 | 8.6% |
| Public transit | 1,044 | 8.6% |
| Walked | 157 | 1.3% |
| Bicycle | 102 | 0.8% |
| Worked from home | 2,196 | 18.1% |
| Other means | 214 | 1.8% |
Travel time
| Count | Share | |
|---|---|---|
| Under 15 min | 2,942 | 29.5% |
| 15 to 29 min | 4,257 | 42.7% |
| 30 to 44 min | 1,671 | 16.8% |
| 45 to 59 min | 778 | 7.8% |
| 60+ min | 312 | 3.1% |
Households
- Average household size
- 2.57
- Poverty rate
- 16.9% (3,989 of 23,635)
| Count | Share | |
|---|---|---|
| Family households | 5,653 | 61.2% |
| Nonfamily households | 3,583 | 38.8% |
Housing
- Median year structure built
- 1961
Occupancy
| Count | Share | |
|---|---|---|
| Occupied | 9,236 | 95.8% |
| Vacant | 402 | 4.2% |
Tenure (of occupied units)
| Count | Share | |
|---|---|---|
| Owner-occupied | 6,081 | 65.8% |
| Renter-occupied | 3,155 | 34.2% |
1-unit, detached62.1%
1-unit, attached4.0%
2 to 4 units1.7%
5 to 19 units9.5%
20 or more units21.9%
Mobile home & other0.9%
Units in structure
| Count | Share | |
|---|---|---|
| 1-unit, detached | 5,983 | 62.1% |
| 1-unit, attached | 381 | 4.0% |
| 2 to 4 units | 168 | 1.7% |
| 5 to 19 units | 918 | 9.5% |
| 20 or more units | 2,106 | 21.9% |
| Mobile home & other | 82 | 0.9% |
Geography
- ZCTA
- 55420
- Land area
- 6.66 sq mi
- Water area
- 0.09 sq mi
- Center point
- 44.8360, -93.2772
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)