ZIP Code 55427
ZIP Code Tabulation Area in Hennepin County, Minnesota.
- Population
- 24,667
- Median household income
- $92,013
- Median home value
- $341,700
+8.9%’19–’23
+13.9%’19–’23
+40.3%’19–’23
Covering part of Hennepin County, Minnesota, ZIP Code 55427 has about 24,667 residents. Its median household income of $92,013 runs below the Hennepin County figure of $96,339.
From 2019 to 2023, ZIP Code 55427's population grew 8.9% from 22,646 to 24,667, while its median gross rent rose 32.5% from $1,089 to $1,443.
Households average 2.28 people. The median gross rent is $1,443.
Demographics
ACS 2019–2023- Population
- 24,667
- Median age
- 40.7 yrs
- Median household income
- $92,013
- Median home value
- $341,700
- Median gross rent
- $1,443
- Housing units
- 10,788
- Homeownership rate
- 67.2%
- Bachelor's degree or higher
- 48.9%
- Unemployment rate
- 2.5%
Trends
ACS 5-year · 2019–202322,64624,667
$80,813$92,013
$243,600$341,700
$1,089$1,443
| Year | Population | Median household income | Median home value | Median gross rent |
|---|---|---|---|---|
| 2019 | 22,646 | $80,813 | $243,600 | $1,089 |
| 2020 | 24,017 | $80,729 | $257,700 | $1,152 |
| 2021 | 25,581 | $85,042 | $274,000 | $1,203 |
| 2022 | 25,908 | $89,608 | $318,600 | $1,330 |
| 2023 | 24,667 | $92,013 | $341,700 | $1,443 |
Each year is a US Census Bureau ACS 5-year estimate ending that year.
Age distribution
Under 54.0%
5 to 1715.3%
18 to 246.9%
25 to 3415.3%
35 to 4414.5%
45 to 5411.6%
55 to 6414.9%
65 to 7410.0%
75 and over7.5%
| Count | Share | |
|---|---|---|
| Under 5 | 992 | 4.0% |
| 5 to 17 | 3,769 | 15.3% |
| 18 to 24 | 1,697 | 6.9% |
| 25 to 34 | 3,774 | 15.3% |
| 35 to 44 | 3,589 | 14.5% |
| 45 to 54 | 2,860 | 11.6% |
| 55 to 64 | 3,669 | 14.9% |
| 65 to 74 | 2,462 | 10.0% |
| 75 and over | 1,855 | 7.5% |
Race & ethnicity
| Count | Share | |
|---|---|---|
| White (non-Hispanic) | 17,332 | 70.3% |
| Black or African American | 3,159 | 12.8% |
| American Indian & Alaska Native | 61 | 0.2% |
| Asian | 884 | 3.6% |
| Native Hawaiian & Pacific Islander | 0 | 0.0% |
| Some other race | 250 | 1.0% |
| Two or more races | 1,441 | 5.8% |
| Hispanic or Latino (any race) | 1,540 | 6.2% |
Educational attainment (age 25+)
No high school diploma4.8%
High school graduate19.6%
Some college or associate's26.7%
Bachelor's degree32.0%
Graduate or professional degree16.9%
| Count | Share | |
|---|---|---|
| No high school diploma | 865 | 4.8% |
| High school graduate | 3,577 | 19.6% |
| Some college or associate's | 4,867 | 26.7% |
| Bachelor's degree | 5,822 | 32.0% |
| Graduate or professional degree | 3,078 | 16.9% |
Commute to work
- Mean travel time to work
- 21 min
Drove alone67.6%
Carpooled6.5%
Public transit2.2%
Walked0.8%
Bicycle0.1%
Worked from home22.6%
Other means0.2%
How workers get to work
| Count | Share | |
|---|---|---|
| Drove alone | 9,067 | 67.6% |
| Carpooled | 870 | 6.5% |
| Public transit | 289 | 2.2% |
| Walked | 108 | 0.8% |
| Bicycle | 8 | 0.1% |
| Worked from home | 3,031 | 22.6% |
| Other means | 30 | 0.2% |
Travel time
| Count | Share | |
|---|---|---|
| Under 15 min | 2,369 | 22.8% |
| 15 to 29 min | 5,892 | 56.8% |
| 30 to 44 min | 1,561 | 15.1% |
| 45 to 59 min | 353 | 3.4% |
| 60+ min | 197 | 1.9% |
Households
- Average household size
- 2.28
- Poverty rate
- 9.5% (2,318 of 24,388)
| Count | Share | |
|---|---|---|
| Family households | 6,501 | 61.0% |
| Nonfamily households | 4,155 | 39.0% |
Housing
- Median year structure built
- 1966
Occupancy
| Count | Share | |
|---|---|---|
| Occupied | 10,656 | 98.8% |
| Vacant | 132 | 1.2% |
Tenure (of occupied units)
| Count | Share | |
|---|---|---|
| Owner-occupied | 7,163 | 67.2% |
| Renter-occupied | 3,493 | 32.8% |
1-unit, detached61.2%
1-unit, attached7.9%
2 to 4 units2.4%
5 to 19 units9.4%
20 or more units19.0%
Mobile home & other0.0%
Units in structure
| Count | Share | |
|---|---|---|
| 1-unit, detached | 6,603 | 61.2% |
| 1-unit, attached | 850 | 7.9% |
| 2 to 4 units | 263 | 2.4% |
| 5 to 19 units | 1,019 | 9.4% |
| 20 or more units | 2,053 | 19.0% |
| Mobile home & other | 0 | 0.0% |
Geography
- ZCTA
- 55427
- Land area
- 7.24 sq mi
- Water area
- 0.07 sq mi
- Center point
- 45.0046, -93.3814
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)