ZIP Code 55423

ZIP Code Tabulation Area in Hennepin County, Minnesota.

Population: 36,779
Median household income: $84,102
Median home value: $320,300

ZIP Code 55423 is a ZIP Code Tabulation Area in Hennepin County, Minnesota, home to about 36,779 residents. Its median household income of $84,102 runs below the Hennepin County figure of $96,339.

From 2019 to 2023, ZIP Code 55423's population grew 1.3% from 36,300 to 36,779, while its median gross rent rose 23.7% from $1,078 to $1,334.

68.1% of workers drive to work alone. 59.2% of homes are single-family detached houses.

Demographics

ACS 2019–2023

Population: 36,779
Median age: 38.9 yrs
Median household income: $84,102
Median home value: $320,300
Median gross rent: $1,334
Housing units: 16,792
Homeownership rate: 62.5%
Bachelor's degree or higher: 44.3%
Unemployment rate: 5.1%

Trends

ACS 5-year · 2019–2023

Population

36,30036,779

Median household income

$66,852$84,102

Median home value

$225,200$320,300

Median gross rent

$1,078$1,334

Year	Population	Median household income	Median home value	Median gross rent
2019	36,300	$66,852	$225,200	$1,078
2020	36,311	$70,106	$241,200	$1,150
2021	36,986	$74,415	$259,200	$1,206
2022	36,859	$80,744	$293,800	$1,299
2023	36,779	$84,102	$320,300	$1,334

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

Age distribution

Under 55.2%

5 to 1713.5%

18 to 247.0%

25 to 3417.3%

35 to 4417.3%

45 to 549.7%

55 to 6411.3%

65 to 7411.3%

75 and over7.5%

	Count	Share
Under 5	1,922	5.2%
5 to 17	4,965	13.5%
18 to 24	2,557	7.0%
25 to 34	6,378	17.3%
35 to 44	6,345	17.3%
45 to 54	3,560	9.7%
55 to 64	4,147	11.3%
65 to 74	4,141	11.3%
75 and over	2,764	7.5%

Race & ethnicity

	Count	Share
White (non-Hispanic)	22,476	61.1%
Black or African American	3,619	9.8%
American Indian & Alaska Native	137	0.4%
Asian	2,262	6.2%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	258	0.7%
Two or more races	1,272	3.5%
Hispanic or Latino (any race)	6,755	18.4%

Educational attainment (age 25+)

No high school diploma8.6%

High school graduate19.7%

Some college or associate's27.5%

Bachelor's degree31.4%

Graduate or professional degree13.0%

	Count	Share
No high school diploma	2,343	8.6%
High school graduate	5,374	19.7%
Some college or associate's	7,506	27.5%
Bachelor's degree	8,572	31.4%
Graduate or professional degree	3,540	13.0%

Commute to work

Mean travel time to work: 23 min

Drove alone68.1%

Carpooled6.8%

Public transit4.3%

Walked2.6%

Bicycle0.3%

Worked from home15.8%

Other means2.1%

How workers get to work

	Count	Share
Drove alone	13,792	68.1%
Carpooled	1,375	6.8%
Public transit	868	4.3%
Walked	523	2.6%
Bicycle	69	0.3%
Worked from home	3,204	15.8%
Other means	430	2.1%

Travel time

	Count	Share
Under 15 min	4,120	24.2%
15 to 29 min	8,210	48.1%
30 to 44 min	3,175	18.6%
45 to 59 min	735	4.3%
60+ min	817	4.8%

Households

Average household size: 2.24
Poverty rate: 7.3% (2,658 of 36,574)

	Count	Share
Family households	9,412	57.9%
Nonfamily households	6,842	42.1%

Housing

Median year structure built: 1959

Occupancy

	Count	Share
Occupied	16,254	96.8%
Vacant	538	3.2%

Tenure (of occupied units)

	Count	Share
Owner-occupied	10,162	62.5%
Renter-occupied	6,092	37.5%

1-unit, detached59.2%

1-unit, attached2.3%

2 to 4 units2.5%

5 to 19 units11.0%

20 or more units24.7%

Mobile home & other0.2%

Units in structure

	Count	Share
1-unit, detached	9,949	59.2%
1-unit, attached	385	2.3%
2 to 4 units	414	2.5%
5 to 19 units	1,855	11.0%
20 or more units	4,152	24.7%
Mobile home & other	37	0.2%

ZIP Code 55423

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

Nearby ZIP codes