About Zip Code 55407

55407 is a zip code in the Minneapolis Metropolitan area. It has a population of 36,997 and a population density of 10,096, which is 99% above the national average. It has a median age of 34, which is 3 years below the Minneapolis Metro median age and 5 years below the national average.


Zip code 55407 has a median home value of $316,692, which is 17% below the Metro average.The average rent of $1,451 is 10% below the metro average rent and 31% below the national average rent The average household income in zip code 55407 is $74,518 , which is 18% below the Metro average household income and 0% below the national average of household income.

$316,692Median Home Value
$382,508 Minneapolis Metro Area
$1,451Median Rent
$1,611 Minneapolis Metro Area

Towns of Zip Code 55407

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Zip code 55407's population is made up of 42% married, 45% single, 10% divorced and 3% widowed. Millennials make up the largest percentage of the population at 35%, while Gen Z have the second largest segment at 26%. Homeowners make up 61% of the population in zip code 55407.

36,997Population
3,712,020 Minneapolis Metro Area
10,096Population Density
  • 50% Male
  • 50% Female
34 Median Age
37 Minneapolis Metro Area
See Detailed Demographics Data for Zip Code 55407

The Per Capita income in zip code 55407 is $38,584. The Median Household Income is $74,518

$38,584Income Per Capita
$51,107 Minneapolis Metro Area
$74,518Median Household Income
$95,102 Minneapolis Metro Area
16% Poverty Rate
8% Minneapolis Metro Area
7% Unemployment Rate
3% Minneapolis Metro Area
See Detailed Employment Data for Zip Code 55407
Amenities in Zip Code 55407
See Detailed Amenities Data for Zip Code 55407
$316,692Median Home Value
$382,508 Minneapolis Metro Area
$1,451Median Rent
$1,611 Minneapolis Metro Area
2Average Household Size
2 Minneapolis Metro Area

Occupancy Type

Renters
39%
Home Owners
61%
See Detailed Real Estate Data for Zip Code 55407

Minneapolis crime index is 184 which is higher than the national average.

184
Crime Index
100
National Crime Index

Crime Index represents the risk of crime occurring in a area and is measured against national index of 100. If the Crime Index of an area is above 100 the crime in that area is relatively higher when compared to US. If the Crime Index of an area is below 100 the crime in that area is lower when compared to US.

See Detailed Crime Data for Zip Code 55407
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