PlainZIP

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 a sparsely populated ZIP (a standard USPS delivery area) in Minneapolis, Hennepin County, Minnesota, home to just 368 residents across 0.5 square miles, a density of 799 people per square mile, in the Chicago time zone.

ZIP 55402 reports a modest median household income of $62,105 (24% below the Minnesota average), while per-capita income is $58,388. 16.0% of residents live below the poverty line, and the unemployment rate reads 2.5%. The typical home here is valued at -; renters pay a median of $1,638 monthly, and 0.0% of units are owner-occupied.

This is a highly-educated ZIP: 59.8% of adults hold a bachelor's degree or higher, the median age is 28.3, and the average commute is -. Beyond these figures, 10 nearby ZIP codes within about 10 miles are surfaced below, along with 6 more sharing Hennepin County, letting you compare 55402 to its immediate surroundings rather than a national baseline alone.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

Top industries in ZIP 55402

Top 5 sectors by establishment count in Minneapolis, MN

Which industries have the most business establishments in ZIP 55402.

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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, 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; FHFA HPI updated quarterly/annually.

Quick Facts

368

Population

0.5

Area (sq mi)

799

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 55402?

28.3

Median Age

63.6%

Male

36.4%

Female

12.3%

Foreign-Born

White 70.5%
African American 13.5%
Asian 11.1%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 2.8%
Hispanic or Latino 4.2%

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

Minneapolis, MN 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

$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%). This entry sits in this band. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $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 75.1%
Bachelor's Degree or Higher 59.8%

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

Owner 0.0%
Renter 100.0%

$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.

residents

What this shows Among its immediate neighbors, ZIP 55402 ranks #0 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 55402 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 55402 ranks #5 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
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

55407 standard
Minneapolis, MN
Pop: 37,881
55423 standard
Minneapolis, MN
Pop: 35,375
55311 standard
Maple Grove, MN
Pop: 32,788
55369 standard
Osseo, MN
Pop: 32,524
55443 standard
Minneapolis, MN
Pop: 32,462
55406 standard
Minneapolis, MN
Pop: 32,112

Related Areas

Hennepin County Minneapolis, MN Minnesota

Frequently Asked Questions

What county is ZIP code 55402 in? ▼
ZIP code 55402 (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 55402? ▼
ZIP code 55402 in Minneapolis, MN has a population of 368 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 55402? ▼
The median household income in ZIP 55402 is $62,105, which is 19% below the national average of $76,288.
What is the demographic makeup of ZIP 55402? ▼
The largest racial group in ZIP 55402 is White at 70.5%. Hispanic or Latino residents make up 4.2% of the population.
How many businesses are in ZIP code 55402? ▼
ZIP code 55402 has 1,414 business establishments employing approximately 60,010 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 55402? ▼
The top industries by establishment count in ZIP 55402 are: Professional, scientific, and technical services (427), Finance and insurance (309), Accommodation and food services (98). There are 17 industry sectors represented in total.
What is the education level in ZIP code 55402? ▼
In ZIP code 55402, 75.1% of residents aged 25+ have a high school diploma or higher, and 59.8% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the poverty rate in ZIP code 55402? ▼
The poverty rate in ZIP code 55402 is 16.0% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.