Minneapolis, MN · standard

ZIP Code 55401

Hennepin County, Minnesota — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

6,590
2,825/sq mi
$113,522
Median income
$396,500
Median home value
76.7%
Bachelor's or higher

The verdict

Minneapolis pairs an upper-quartile household income with upper-quartile home values, in a suburban-density, renter-heavy area.

Top 12%
household income, US ZIPs
Top 21%
home value, US ZIPs
2,825
people per sq mi
28%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55401 against every reporting US ZIP.

ZIP code 55401 is classified by USPS as a standard delivery area and covers roughly 2.3 square miles in Minneapolis, Hennepin County, Minnesota. The area is home to 6,590 residents, producing a population density of 2,825 people per square mile, and falls within the Chicago time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 55401 against Minnesota and the nation.

On the economic side, the median household income for ZIP 55401 sits at $113,522 (38% above the Minnesota average), while per-capita income is $112,103. The poverty rate stands at 4.7% and the unemployment rate at 1.3%. On housing, the median home value is $396,500 (55% above the state average) with median rent at $2,023 per month, and 28.4% of occupied units are owner-occupied, a direct signal of whether 55401 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 76.7% of adults hold a bachelor's degree or higher, the median age is 35.2, and the average commute is 18 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Hennepin County, so you can benchmark 55401 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 55401

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 55401.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 55401, Minneapolis, MN · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

6,590

Population

2.3

Area (sq mi)

2,825

People / sq mi

Chicago

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 55401?

35.2

Median Age

57.2%

Male

42.8%

Female

11.5%

Foreign-Born

White 78.6%
African American 4.9%
Asian 7.2%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 6.7%
Hispanic or Latino 7.5%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$113,522

Median Household Income

+38% vs state

$112,103

Per Capita Income

4.7%

Poverty Rate

1.3%

Unemployment Rate

18.4 min

Mean Commute Time

How ZIP 55401 ranks nationally

Household income vs. every US ZIP code

Median household income — the full national distribution, with this ZIP marked

$113,522 Top 12% higher than 88% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Below this entry. $100,000–$120,000: 2,855 US ZIPs (9%). This entry sits in this band. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau — ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 81.5%
Bachelor's Degree or Higher 76.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

9,471

Total Housing Units

8,611

Occupied Units

860

Vacant Units

1.36

Avg Household Size

Occupancy Type

Owner 28.4%
Renter 71.6%

$396,500

Median Home Value

+55% vs state

$2,023

Median Rent

2002

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What businesses operate in this ZIP?

Census Bureau data shows 979 business establishments in ZIP 55401, employing approximately 29,135 people with a combined annual payroll of $3,167,016,000.

979

Businesses

29,135

Employees

$3.2B

Annual Payroll

17

Industry Sectors

Industry Establishments % of Total
Professional, scientific, and technical services 318 32.5%
Accommodation and food services 99 10.1%
Real estate and rental and leasing 86 8.8%
Other services (except public administration) 69 7.0%
Information 66 6.7%
Finance and insurance 58 5.9%
Retail trade 54 5.5%
Administrative and support and waste management and remediation services 47 4.8%
Health care and social assistance 42 4.3%
Wholesale trade 31 3.2%
Arts, entertainment, and recreation 29 3.0%
Educational services 19 1.9%
Manufacturing 16 1.6%
Construction 15 1.5%
Utilities 10 1.0%
Transportation and warehousing 10 1.0%
Management of companies and enterprises 9 0.9%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 55401 vs 55402 →

ZIP 55401 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 55401 ranks #8 by population — useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 55401 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 55401 ranks #2 of 9 neighboring ZIPs — local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
55402 Minneapolis, MN 368 0.6 mi
55415 Minneapolis, MN 2,604 0.9 mi
55403 Minneapolis, MN 14,985 1.3 mi
55404 Minneapolis, MN 27,121 1.6 mi
55413 Minneapolis, MN 12,934 1.7 mi
55454 Minneapolis, MN 8,125 1.7 mi
55411 Minneapolis, MN 27,428 1.7 mi
55455 Minneapolis, MN 1,050 1.9 mi
55414 Minneapolis, MN 28,495 2.1 mi
55405 Minneapolis, MN 15,411 2.0 mi

More ZIP Codes in Hennepin County

Frequently Asked Questions

What county is ZIP code 55401 in?
ZIP code 55401 (Minneapolis) is located in Hennepin County, Minnesota. Hennepin County contains multiple ZIP codes, see the full list at /counties/hennepin-mn.
What is the population of ZIP code 55401?
ZIP code 55401 in Minneapolis, MN has a population of 6,590 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 55401?
The median household income in ZIP 55401 is $113,522, which is 49% above the national average of $76,288.
What is the average home value in ZIP 55401?
The median home value in ZIP 55401 is $396,500, which is 43% above the national average of $278,155.
What is the demographic makeup of ZIP 55401?
The largest racial group in ZIP 55401 is White at 78.6%. Hispanic or Latino residents make up 7.5% of the population.
How many businesses are in ZIP code 55401?
ZIP code 55401 has 979 business establishments employing approximately 29,135 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 55401?
The top industries by establishment count in ZIP 55401 are: Professional, scientific, and technical services (318), Accommodation and food services (99), Real estate and rental and leasing (86). There are 17 industry sectors represented in total.
What is the education level in ZIP code 55401?
In ZIP code 55401, 81.5% of residents aged 25+ have a high school diploma or higher, and 76.7% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 55401?
The mean commute time for workers in ZIP code 55401 is 18.4 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 55401?
In ZIP code 55401, approximately 28.4% of occupied housing units are owner-occupied and 71.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 55401?
The poverty rate in ZIP code 55401 is 4.7% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Minneapolis, MN

Verify and explore additional data for this area using these official government sources.