Residential delivery area · Minnesota

ZIP Code 55408: Minneapolis, MN

ZIP code 55408 is in Minneapolis, Minnesota, entirely in Hennepin County (Census 2020 ZIP-county file). About 32,000 people live there (Census Bureau, ACS 2020-2024), the 12th most populous of Minneapolis's 51 residential ZIP codes. Median household income is $70,326 (Census Bureau, ACS 2020-2024).

  • ACS2020-24
  • Census2020
  • FHFA2025
  • ZBP2023
  • IRS2022
5national area: Minnesota, Iowa, Montana, North Dakota, South Dakota and Wisconsin
554sectional center: Minneapolis, MN (SCF 553)
08delivery area within it
Town
Minneapolis · 51 residential ZIPs
Census places
Minneapolis
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
House district
MN-5 119th Congress
Time zone
Central
Land area
2.7 sq mi · 11,726 people per sq mi
PO Box ZIPs
18 more ZIP codes use the name Minneapolis for PO boxes or single organizations

Where is ZIP code 55408?

55408 centers on 44.944°, -93.294° and covers 2.7 square miles of land plus 0.7 of water. It borders 6 ZIP codes: 55409, 55404, 55405, 55407, 55410, 55416.

55404 · Minneapolis55405 · Minneapolis55407 · Minneapolis55409 · Minneapolis55410 · Minneapolis55416 · Minneapolis55408 · Minneapolis (this ZIP)5540855416554105540555407554045540955404 · Minneapolis55405 · Minneapolis55407 · Minneapolis55409 · Minneapolis55410 · Minneapolis55416 · Minneapolis55408 · Minneapolis (this ZIP)5540855416554105540555407554045540955404 · Minneapolis55405 · Minneapolis55407 · Minneapolis55409 · Minneapolis55410 · Minneapolis55416 · Minneapolis55408 · Minneapolis (this ZIP)55408554165541055405554075540455409
Shaded by median household income, in national fifths (ACS 2020-2024); 55408 outlined. Census 2020 ZCTA boundaries. <$54.1k$98.1k+no figure

The map draws ZIP code areas only. For the streets inside 55408, open its center on OpenStreetMap.

Source: U.S. Census Bureau, 2020 ZCTA cartographic boundaries and the 2023 Gazetteer (2020 ZCTAs); ZIP-to-county shares, Census places and House districts (119th Congress) from the Census 2020 relationship files (shares of land); metro area from the OMB delineation (July 2023); town name and time zone from simplemaps US ZIP Codes (CC BY 4.0).

How does 55408 compare with the rest of Minneapolis?

Rank of 55408 among the residential ZIP codes of its town, county and state (1 = the most; income and home value among ZIP codes of 1,000+ people living in households)
Measure55408In MinneapolisIn Hennepin CountyIn MN
People (ACS 2020-2024)31,50712th of 5110th of 7145th of 881
Median household income$70k42nd of 4760th of 66406th of 545
Median home value$396k17th of 4834th of 6680th of 558

Its median household income is higher than in 47% of U.S. residential ZIP codes, and it is denser than 98% of all U.S. residential ZIP codes. ZIP codes at the ACS caps ($250,000 or more for household income, $2,000,000 or more for home value) share the top rank.

Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B01003, B19013, B25077); ranks by PlainZIP over residential ZIP codes (ZCTAs).

How many people live in 55408?

The 2020 Census counted 33,718 people in 55408; the ACS, which samples households over 2020-2024, estimates 31,507. Between the 2010 and 2020 censuses its population grew 12.5% (its boundary stayed at least 90% the same).

People, ACS 2020-2024
31,507
2020 Census count
33,718+12.5% since 2010 (29,981)
Households
17,344
Median age
30.9

Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B01003, B01002, B11001); 2020 Census (DHC P1); 2010 Census (SF1 P1).

Who lives in 55408?

Of the 31,507 people the ACS estimates in 55408, 13.0% are under 18 and 8.0% are 65 or older. The largest group by race and Hispanic origin is White (not Hispanic) (58.3%), then Black (not Hispanic) (18.6%).

  • Under 1813.0%
  • 18 to 6479.0%
  • 65 and older8.0%
Age of the people of 55408 (ACS 2020-2024, B01001)
  • White, not Hispanic58.3%
  • Black, not Hispanic18.6%
  • Hispanic or Latino12.3%
  • Other or two or more6.2%
  • Asian, not Hispanic4.5%
Race and Hispanic origin in 55408 (ACS 2020-2024, B03002); each person counted once

Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B01001 age by sex, B03002 Hispanic or Latino origin by race); shares of the estimated population, small ZIP codes carry wide margins.

What do households in 55408 earn?

Median household income is $70,326 (ACS 2020-2024), the 60th highest of the 66 ranked ZIP codes in Hennepin County. It is not measurably different from 2015-2019 ($73,518 in 2024 dollars): the change is within the surveys' margins of error.

Median household income
$70,326
Income per person
$54,669
Below the poverty line
16.4%
Unemployed (of the labor force)
7.4%
Adults 25+ with a bachelor's degree
56.4%
Adjusted gross income per tax return, 2022
$67,70717,490 returns; wages 78% of AGI (IRS)

Source: U.S. Census Bureau, ACS 2020-2024 and 2015-2019 5-year estimates (B19013, B19301, B17001, B23025, B15003; 2015-2019 dollars converted with the BLS CPI-U, 1.22699); IRS Statistics of Income, ZIP code data, tax year 2022 (adjusted gross income per return, filed under the address on the return).

What are homes worth in 55408?

FHFA's house price index for 55408, built from repeat sales and appraisals of the same homes, rose 39% from 2015 to 2025 and rose 11% from 2020 to 2025, and moved −1.7% in 2025.

Median home value (owners' estimate)
$396,100
Median gross rent
$1,364
Homes owned by their occupants
23.6%
Housing units
18,433
0 200 400 600 198619902000201020202025 0 200 400 600 198619902000201020202025 0 200 400 600 198619902000201020202025
Index = 100 in 1986, the first year FHFA reports for 55408; 2025: 554.6. Annual, not seasonally adjusted; FHFA calls its ZIP-level indexes developmental.

Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B25077, B25064, B25003, B25001); FHFA House Price Index, annual five-digit ZIP, updated 2026-03-31.

What businesses are in 55408?

1,012 business establishments had a location in this ZIP code in 2023, 59 fewer than in 2018; the most are in health care and social assistance (ZIP Code Business Patterns).

  • Health care and social assistance182
  • Accommodation and food services161
  • Professional, scientific, and technical services153
  • Retail trade122
  • Other services (except public administration)107
  • Real estate and rental and leasing83

Source: U.S. Census Bureau, ZIP Code Business Patterns 2023 and 2018 (establishments with paid employees, by the business's ZIP code).

Which ZIP codes are next to 55408?

ZIP codes that share a boundary with 55408, then the nearest by center
ZIPTownPeopleHousehold incomeDistance
55409Minneapolis11,188$98k1.1 mi
55404Minneapolis28,920$42k2.0 mi
55405Minneapolis17,198$73k2.0 mi
55407Minneapolis37,667$79k2.1 mi
55410Minneapolis20,422$146k2.4 mi
55416Minneapolis35,015$106k2.3 mi
55403Minneapolis17,601$61k1.9 mi (near)
55402Minneapolis667$62k2.5 mi (near)

Source: PlainZIP from the Census 2020 ZCTA boundaries (shared edges) and internal points; figures ACS 2020-2024.