Minneapolis, MN · standard
ZIP Code 55402
Hennepin County, Minnesota — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 368
- 799/sq mi
- $62,105
- Median income
- 59.8%
- Bachelor's or higher
The verdict
Minneapolis pairs a below-median household income, in a low-density, renter-heavy area.
- 33th pct
- household income, US ZIPs
- 799
- people per sq mi
- 0%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55402 against every reporting US ZIP.
ZIP code 55402 is classified by USPS as a standard delivery area and covers roughly 0.5 square miles in Minneapolis, Hennepin County, Minnesota. The area is home to 368 residents, producing a population density of 799 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 55402 against Minnesota and the nation.
On the economic side, the median household income for ZIP 55402 sits at $62,105 (24% below the Minnesota average), while per-capita income is $58,388. The poverty rate stands at 16.0% and the unemployment rate at 2.5%. On housing, the median home value is — with median rent at $1,638 per month, and 0.0% of occupied units are owner-occupied, a direct signal of whether 55402 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 59.8% of adults hold a bachelor's degree or higher, the median age is 28.3, and the average commute is —. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Hennepin County, so you can benchmark 55402 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 55402
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 55402.
- Professional, scientific, and technical services
Professional, scientific, and technical services
427 establishments
- Finance and insurance
Finance and insurance
309 establishments
- Accommodation and food services 98
Accommodation and food services
98 establishments
- Other services (except public administration) 85
Other services (except public administration)
85 establishments
- Real estate and rental and leasing 80
Real estate and rental and leasing
80 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 55402, 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
368
Population
0.5
Area (sq mi)
799
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 55402?
28.3
Median Age
63.6%
Male
36.4%
Female
12.3%
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?
$62,105
Median Household Income
-24% vs state
$58,388
Per Capita Income
16.0%
Poverty Rate
2.5%
Unemployment Rate
How ZIP 55402 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$62,105 33rd percentile higher than 33% 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?
492
Total Housing Units
430
Occupied Units
62
Vacant Units
1.31
Avg Household Size
Occupancy Type
$1,638
Median Rent
1938
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What businesses operate in this ZIP?
Census Bureau data shows 1,414 business establishments in ZIP 55402, employing approximately 60,010 people with a combined annual payroll of $8,974,433,000.
1,414
Businesses
60,010
Employees
$9.0B
Annual Payroll
17
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Professional, scientific, and technical services | 427 | 30.2% |
| Finance and insurance | 309 | 21.9% |
| Accommodation and food services | 98 | 6.9% |
| Other services (except public administration) | 85 | 6.0% |
| Real estate and rental and leasing | 80 | 5.7% |
| Administrative and support and waste management and remediation services | 75 | 5.3% |
| Information | 72 | 5.1% |
| Health care and social assistance | 64 | 4.5% |
| Wholesale trade | 54 | 3.8% |
| Retail trade | 51 | 3.6% |
| Management of companies and enterprises | 33 | 2.3% |
| Arts, entertainment, and recreation | 19 | 1.3% |
| Construction | 18 | 1.3% |
| Educational services | 11 | 0.8% |
| Transportation and warehousing | 9 | 0.6% |
| Manufacturing | 6 | 0.4% |
| Utilities | 3 | 0.2% |
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 55402 vs 55401 →
ZIP 55402 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 55402 ranks #0 by population — useful context the national average alone can't give.
ZIP 55402 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 55402 ranks #5 of 9 neighboring ZIPs — local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 55401 | Minneapolis, MN | 6,590 | 0.6 mi |
| 55415 | Minneapolis, MN | 2,604 | 0.7 mi |
| 55403 | Minneapolis, MN | 14,985 | 0.8 mi |
| 55404 | Minneapolis, MN | 27,121 | 1.1 mi |
| 55454 | Minneapolis, MN | 8,125 | 1.5 mi |
| 55405 | Minneapolis, MN | 15,411 | 1.7 mi |
| 55455 | Minneapolis, MN | 1,050 | 1.9 mi |
| 55414 | Minneapolis, MN | 28,495 | 2.2 mi |
| 55411 | Minneapolis, MN | 27,428 | 2.1 mi |
| 55413 | Minneapolis, MN | 12,934 | 2.2 mi |
More ZIP Codes in Hennepin County
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Frequently Asked Questions
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What is the population of ZIP code 55402? ▼
What is the median household income in ZIP 55402? ▼
What is the demographic makeup of ZIP 55402? ▼
How many businesses are in ZIP code 55402? ▼
What are the main industries in ZIP code 55402? ▼
What is the education level in ZIP code 55402? ▼
What is the poverty rate in ZIP code 55402? ▼
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.