ZIP Code 55424
ZIP Code Tabulation Area in Hennepin County, Minnesota.
- Population
- 10,373
- Median household income
- $241,875
- Median home value
- $959,800
+4.1%’19–’23
+41.3%’19–’23
+38.6%’19–’23
Covering part of Hennepin County, Minnesota, ZIP Code 55424 has about 10,373 residents. At $241,875, its median household income sits above Hennepin County's $96,339.
Between 2019 and 2023, ZIP Code 55424's population grew 4.1% from 9,966 to 10,373, while its median gross rent rose 32.0% from $1,353 to $1,786.
The typical home was built around 1952. 1.6% of residents live below the poverty line.
Demographics
ACS 2019–2023- Population
- 10,373
- Median age
- 41.9 yrs
- Median household income
- $241,875
- Median home value
- $959,800
- Median gross rent
- $1,786
- Housing units
- 3,845
- Homeownership rate
- 91.6%
- Bachelor's degree or higher
- 85.1%
- Unemployment rate
- 3.3%
Trends
ACS 5-year · 2019–20239,96610,373
$171,125$241,875
$692,700$959,800
$1,353$1,786
| Year | Population | Median household income | Median home value | Median gross rent |
|---|---|---|---|---|
| 2019 | 9,966 | $171,125 | $692,700 | $1,353 |
| 2020 | 10,383 | $193,333 | $741,400 | $1,348 |
| 2021 | 10,712 | $206,038 | $780,200 | $1,741 |
| 2022 | 10,203 | $225,119 | $880,100 | $1,770 |
| 2023 | 10,373 | $241,875 | $959,800 | $1,786 |
Each year is a US Census Bureau ACS 5-year estimate ending that year.
Age distribution
Under 57.5%
5 to 1722.0%
18 to 245.0%
25 to 345.8%
35 to 4414.2%
45 to 5414.3%
55 to 6418.0%
65 to 748.7%
75 and over4.5%
| Count | Share | |
|---|---|---|
| Under 5 | 779 | 7.5% |
| 5 to 17 | 2,284 | 22.0% |
| 18 to 24 | 522 | 5.0% |
| 25 to 34 | 598 | 5.8% |
| 35 to 44 | 1,471 | 14.2% |
| 45 to 54 | 1,487 | 14.3% |
| 55 to 64 | 1,863 | 18.0% |
| 65 to 74 | 898 | 8.7% |
| 75 and over | 471 | 4.5% |
Race & ethnicity
| Count | Share | |
|---|---|---|
| White (non-Hispanic) | 8,822 | 85.0% |
| Black or African American | 80 | 0.8% |
| American Indian & Alaska Native | 20 | 0.2% |
| Asian | 466 | 4.5% |
| Native Hawaiian & Pacific Islander | 0 | 0.0% |
| Some other race | 38 | 0.4% |
| Two or more races | 755 | 7.3% |
| Hispanic or Latino (any race) | 192 | 1.9% |
Educational attainment (age 25+)
No high school diploma0.7%
High school graduate3.5%
Some college or associate's10.7%
Bachelor's degree41.9%
Graduate or professional degree43.2%
| Count | Share | |
|---|---|---|
| No high school diploma | 45 | 0.7% |
| High school graduate | 239 | 3.5% |
| Some college or associate's | 726 | 10.7% |
| Bachelor's degree | 2,844 | 41.9% |
| Graduate or professional degree | 2,934 | 43.2% |
Commute to work
- Mean travel time to work
- 19 min
Drove alone68.6%
Carpooled2.4%
Public transit0.1%
Walked0.9%
Bicycle0.7%
Worked from home26.7%
Other means0.5%
How workers get to work
| Count | Share | |
|---|---|---|
| Drove alone | 3,546 | 68.6% |
| Carpooled | 125 | 2.4% |
| Public transit | 5 | 0.1% |
| Walked | 47 | 0.9% |
| Bicycle | 35 | 0.7% |
| Worked from home | 1,382 | 26.7% |
| Other means | 28 | 0.5% |
Travel time
| Count | Share | |
|---|---|---|
| Under 15 min | 1,209 | 31.9% |
| 15 to 29 min | 1,996 | 52.7% |
| 30 to 44 min | 488 | 12.9% |
| 45 to 59 min | 25 | 0.7% |
| 60+ min | 68 | 1.8% |
Households
- Average household size
- 2.83
- Poverty rate
- 1.6% (162 of 10,363)
| Count | Share | |
|---|---|---|
| Family households | 3,071 | 84.0% |
| Nonfamily households | 587 | 16.0% |
Housing
- Median year structure built
- 1952
Occupancy
| Count | Share | |
|---|---|---|
| Occupied | 3,658 | 95.1% |
| Vacant | 187 | 4.9% |
Tenure (of occupied units)
| Count | Share | |
|---|---|---|
| Owner-occupied | 3,352 | 91.6% |
| Renter-occupied | 306 | 8.4% |
1-unit, detached89.8%
1-unit, attached2.3%
2 to 4 units1.8%
5 to 19 units1.4%
20 or more units4.8%
Mobile home & other0.0%
Units in structure
| Count | Share | |
|---|---|---|
| 1-unit, detached | 3,452 | 89.8% |
| 1-unit, attached | 88 | 2.3% |
| 2 to 4 units | 68 | 1.8% |
| 5 to 19 units | 53 | 1.4% |
| 20 or more units | 184 | 4.8% |
| Mobile home & other | 0 | 0.0% |
Geography
- ZCTA
- 55424
- Land area
- 2.41 sq mi
- Water area
- 0.07 sq mi
- Center point
- 44.9050, -93.3449
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)