ZIP Code 55431
ZIP Code Tabulation Area in Hennepin County, Minnesota.
- Population
- 19,075
- Median household income
- $103,125
- Median home value
- $354,300
+4.4%’19–’23
+21.7%’19–’23
+37.9%’19–’23
ZIP Code 55431 is a ZIP Code Tabulation Area in Hennepin County, Minnesota, home to about 19,075 residents. Its median household income of $103,125 runs above the Hennepin County figure of $96,339.
Between 2019 and 2023, ZIP Code 55431's population grew 4.4% from 18,275 to 19,075, while its median gross rent rose 31.2% from $1,299 to $1,704.
The median resident is 43.1 years old. The largest age group is 25 to 34, 14.9% of residents.
Demographics
ACS 2019–2023- Population
- 19,075
- Median age
- 43.1 yrs
- Median household income
- $103,125
- Median home value
- $354,300
- Median gross rent
- $1,704
- Housing units
- 8,483
- Homeownership rate
- 67.6%
- Bachelor's degree or higher
- 48.4%
- Unemployment rate
- 5.1%
Trends
ACS 5-year · 2019–202318,27519,075
$84,725$103,125
$257,000$354,300
$1,299$1,704
| Year | Population | Median household income | Median home value | Median gross rent |
|---|---|---|---|---|
| 2019 | 18,275 | $84,725 | $257,000 | $1,299 |
| 2020 | 18,478 | $91,788 | $274,000 | $1,371 |
| 2021 | 19,501 | $96,486 | $287,000 | $1,510 |
| 2022 | 19,477 | $105,290 | $333,700 | $1,685 |
| 2023 | 19,075 | $103,125 | $354,300 | $1,704 |
Each year is a US Census Bureau ACS 5-year estimate ending that year.
Age distribution
Under 54.7%
5 to 1713.3%
18 to 247.3%
25 to 3414.9%
35 to 4411.8%
45 to 5413.0%
55 to 6412.4%
65 to 7410.3%
75 and over12.3%
| Count | Share | |
|---|---|---|
| Under 5 | 905 | 4.7% |
| 5 to 17 | 2,531 | 13.3% |
| 18 to 24 | 1,398 | 7.3% |
| 25 to 34 | 2,847 | 14.9% |
| 35 to 44 | 2,249 | 11.8% |
| 45 to 54 | 2,474 | 13.0% |
| 55 to 64 | 2,370 | 12.4% |
| 65 to 74 | 1,960 | 10.3% |
| 75 and over | 2,341 | 12.3% |
Race & ethnicity
| Count | Share | |
|---|---|---|
| White (non-Hispanic) | 14,270 | 74.8% |
| Black or African American | 1,108 | 5.8% |
| American Indian & Alaska Native | 61 | 0.3% |
| Asian | 1,418 | 7.4% |
| Native Hawaiian & Pacific Islander | 0 | 0.0% |
| Some other race | 399 | 2.1% |
| Two or more races | 880 | 4.6% |
| Hispanic or Latino (any race) | 939 | 4.9% |
Educational attainment (age 25+)
No high school diploma6.2%
High school graduate15.5%
Some college or associate's30.0%
Bachelor's degree33.5%
Graduate or professional degree14.9%
| Count | Share | |
|---|---|---|
| No high school diploma | 879 | 6.2% |
| High school graduate | 2,201 | 15.5% |
| Some college or associate's | 4,268 | 30.0% |
| Bachelor's degree | 4,771 | 33.5% |
| Graduate or professional degree | 2,122 | 14.9% |
Commute to work
- Mean travel time to work
- 19 min
Drove alone69.8%
Carpooled4.3%
Public transit1.7%
Walked1.3%
Bicycle0.2%
Worked from home21.5%
Other means1.2%
How workers get to work
| Count | Share | |
|---|---|---|
| Drove alone | 7,179 | 69.8% |
| Carpooled | 445 | 4.3% |
| Public transit | 178 | 1.7% |
| Walked | 134 | 1.3% |
| Bicycle | 21 | 0.2% |
| Worked from home | 2,208 | 21.5% |
| Other means | 122 | 1.2% |
Travel time
| Count | Share | |
|---|---|---|
| Under 15 min | 2,546 | 31.5% |
| 15 to 29 min | 3,872 | 47.9% |
| 30 to 44 min | 1,332 | 16.5% |
| 45 to 59 min | 178 | 2.2% |
| 60+ min | 151 | 1.9% |
Households
- Average household size
- 2.28
- Poverty rate
- 4.7% (892 of 18,928)
| Count | Share | |
|---|---|---|
| Family households | 4,948 | 60.0% |
| Nonfamily households | 3,301 | 40.0% |
Housing
- Median year structure built
- 1965
Occupancy
| Count | Share | |
|---|---|---|
| Occupied | 8,249 | 97.2% |
| Vacant | 234 | 2.8% |
Tenure (of occupied units)
| Count | Share | |
|---|---|---|
| Owner-occupied | 5,574 | 67.6% |
| Renter-occupied | 2,675 | 32.4% |
1-unit, detached63.9%
1-unit, attached5.6%
2 to 4 units3.7%
5 to 19 units5.0%
20 or more units21.2%
Mobile home & other0.6%
Units in structure
| Count | Share | |
|---|---|---|
| 1-unit, detached | 5,422 | 63.9% |
| 1-unit, attached | 473 | 5.6% |
| 2 to 4 units | 316 | 3.7% |
| 5 to 19 units | 420 | 5.0% |
| 20 or more units | 1,800 | 21.2% |
| Mobile home & other | 52 | 0.6% |
Geography
- ZCTA
- 55431
- Land area
- 7.83 sq mi
- Water area
- 0.22 sq mi
- Center point
- 44.8245, -93.3126
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)