ZIP 55416 vs ZIP 55424
Source:
Minneapolis, MN — Minneapolis, MN
This side-by-side compares ZIP 55416 (Minneapolis, MN) and ZIP 55424 (Minneapolis, MN) using the same Census ACS 5-Year table fields for both — no averages swapped in, no national proxies. ZIP 55416 has a population of 29,027 at 1,531 people per square mile, while ZIP 55424 has 9,685 at 1,535 per square mile. That difference in population size and density alone reshapes how every other metric should be interpreted — a higher-income ZIP with 1,200 residents behaves very differently from one with 45,000.
On income and education, ZIP 55416 reports a median household income of $105,958 against $250,001 in ZIP 55424, with per-capita income of $74,220 vs $124,809. The share of adults holding a bachelor's degree or higher is 71.4% in 55416 and 85.6% in 55424. Poverty rate reads 5.9% vs 1.6%, and unemployment 3.3% vs 3.1% — these four fields alone drive most of the difference in the scorecard grades you will see for each ZIP.
Housing separates these two ZIPs further: median home value sits at $461,500 in 55416 versus $992,600 in 55424, with median rent of $1,755 and $2,048 per month respectively. Homeownership rate is 49.9% vs 91.5%. When reading the comparison table below, focus on paired metrics rather than single winners — a ZIP with lower home values and lower income is not strictly "worse" if rent-to-income ratios and commute times land in the same zone. Every value is pulled from the exact same ACS table so the two columns are genuinely comparable.
Compare different ZIP codes:
| Metric | 55416 Minneapolis, MN | 55424 Minneapolis, MN |
|---|---|---|
| Population | 29,027 | 9,685 |
| Median Household Income | $105,958 | $250,001 |
| Per Capita Income | $74,220 | $124,809 |
| Median Age | 35.6 | 43.1 |
| Bachelor's Degree or Higher | 71.4% | 85.6% |
| Poverty Rate | 5.9% | 1.6% |
| Unemployment Rate | 3.3% | 3.1% |
| Median Home Value | $461,500 | $992,600 |
| Median Rent (monthly) | $1,755 | $2,048 |
| Homeownership Rate | 49.9% | 91.5% |
| Population Density (per sq mi) | 1,531 | 1,535 |
Values highlighted in green indicate the better metric where applicable. Source: U.S. Census Bureau ACS 2023.
What are common questions about this comparison?
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All data sourced from the U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2023).
PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.