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.
- Professional, scientific, and technical services
Professional, scientific, and technical services
318 establishments
- Accommodation and food services 99
Accommodation and food services
99 establishments
- Real estate and rental and leasing 86
Real estate and rental and leasing
86 establishments
- Other services (except public administration) 69
Other services (except public administration)
69 establishments
- Information 66
Information
66 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, 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
Who lives in ZIP 55401?
35.2
Median Age
57.2%
Male
42.8%
Female
11.5%
Foreign-Born
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
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?
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
$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.
- 55414
Minneapolis (55414)
28,495 residents
- 55411
Minneapolis (55411)
27,428 residents
- 55404
Minneapolis (55404)
27,121 residents
- 55405
Minneapolis (55405)
15,411 residents
- 55403
Minneapolis (55403)
14,985 residents
- 55413
Minneapolis (55413)
12,934 residents
- 55454 8,125
Minneapolis (55454)
8,125 residents
- 55401 6,590
Minneapolis (55401)
6,590 residents
- 55415 2,604
Minneapolis (55415)
2,604 residents
What this shows Among its immediate neighbors, ZIP 55401 ranks #8 by population — useful context the national average alone can't give.
ZIP 55401 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 55415
Minneapolis (55415)
$124,921 median income
- 55401
Minneapolis (55401)
$113,522 median income
- 55413
Minneapolis (55413)
$85,282 median income
- 55405
Minneapolis (55405)
$73,053 median income
- 55402
Minneapolis (55402)
$62,105 median income
- 55403
Minneapolis (55403)
$60,873 median income
- 55411
Minneapolis (55411)
$60,225 median income
- 55414
Minneapolis (55414)
$51,966 median income
- 55404 $41,940
Minneapolis (55404)
$41,940 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.
| 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
Related Areas
Frequently Asked Questions
What county is ZIP code 55401 in? ▼
What is the population of ZIP code 55401? ▼
What is the median household income in ZIP 55401? ▼
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What is the demographic makeup of ZIP 55401? ▼
How many businesses are in ZIP code 55401? ▼
What are the main industries in ZIP code 55401? ▼
What is the education level in ZIP code 55401? ▼
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What percentage of residents own vs. rent in ZIP 55401? ▼
What is the poverty rate in ZIP code 55401? ▼
ZIP Code Research Guides
Official Data Resources for Minneapolis, MN
Verify and explore additional data for this area using these official government sources.
Read our methodology to see how this data is sourced, computed, and verified.