Minneapolis, MN · standard
ZIP Code 55409
Hennepin County, Minnesota - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 11,615
- 3,612/sq mi High-density area
- $98,305
- Median income Above-median income area
- $378,600
- Median home value Above-median home value
- 64.6%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Minneapolis pairs an upper-quartile household income with upper-quartile home values, in a suburban-density, homeowner-dominated area.
- Top 20%
- household income, US ZIPs
- Top 23%
- home value, US ZIPs
- 3,612
- people per sq mi
- 66%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55409 against every reporting US ZIP.
ZIP code 55409 is a mid-sized community (a standard USPS delivery area) in Minneapolis, Hennepin County, Minnesota, home to 11,615 residents across 3.2 square miles, a density of 3,612 people per square mile, in the Chicago time zone.
ZIP 55409 lands in the middle-income range, with a median household income of $98,305 (20% above the average Minnesota ZIP), while per-capita income is $59,579. Both reported hardship measures are comparatively low in absolute terms: poverty is 7.8% and unemployment is 3.9%. Housing is both higher-cost and owner-heavy: median home value is $378,600 (48% above the average Minnesota ZIP), while 65.5% of occupied homes are owner-occupied and median rent is $1,334.
This is a highly-educated ZIP: 64.6% of adults hold a bachelor's degree or higher, the median age is 36.9, and the average commute is 22 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Hennepin County, so 55409 can be compared with both its immediate and county-level context.
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 55409
Top 5 sectors by establishment count in Minneapolis, MN
Which industries have the most business establishments in ZIP 55409.
- Professional, scientific, and technical services
Professional, scientific, and technical services
48 establishments
- Other services (except public administration)
Other services (except public administration)
46 establishments
- Health care and social assistance
Health care and social assistance
38 establishments
- Accommodation and food services
Accommodation and food services
25 establishments
- Construction
Construction
22 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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 55409, 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
11,615
Population
3.2
Area (sq mi)
3,612
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 55409?
36.9
Median Age
48.4%
Male
51.6%
Female
8.4%
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?
$98,305
Median Household Income
+20% vs state ZIP avg
$59,579
Per Capita Income
7.8%
Poverty Rate
3.9%
Unemployment Rate
22.4 min
Mean Commute Time
How ZIP 55409 ranks among Minnesota ZIPs
Minneapolis, MN household income vs. every Minnesota ZIP code
Median household income among 864 reporting Minnesota ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$98,305 Top 19% higher than 81% of 864 Minnesota ZIPs
Each bar is a $20K-wide band; taller bars hold more Minnesota 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?
Housing stock: occupied vs vacant
5,641housing units
5,641
Total Housing Units
5,255
Occupied Units
386
Vacant Units
2.07
Avg Household Size
Occupancy Type
$378,600
Median Home Value
+48% vs state ZIP avg
$1,334
Median Rent
1938
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+0.9%
YoY Change (2024)
247
HPI Index (2000 = 100)
+147%
Total Change Since 2000
Home values in ZIP 55409 have increased 0.9% over the past year (2024). Since 2000, this ZIP has seen +147% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +3.0% | 212 |
| 2021 | +4.9% | 222 |
| 2022 | +6.2% | 236 |
| 2023 | +3.5% | 244 |
| 2024 | +0.9% | 247 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 271 business establishments in ZIP 55409, employing approximately 2,667 people with a combined annual payroll of $109,270,000.
271
Businesses
2,667
Employees
$109.3M
Annual Payroll
15
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Professional, scientific, and technical services | 48 | 17.7% |
| Other services (except public administration) | 46 | 17.0% |
| Health care and social assistance | 38 | 14.0% |
| Accommodation and food services | 25 | 9.2% |
| Construction | 22 | 8.1% |
| Retail trade | 18 | 6.6% |
| Real estate and rental and leasing | 16 | 5.9% |
| Administrative and support and waste management and remediation services | 14 | 5.2% |
| Educational services | 10 | 3.7% |
| Arts, entertainment, and recreation | 10 | 3.7% |
| Information | 7 | 2.6% |
| Wholesale trade | 5 | 1.9% |
| Transportation and warehousing | 5 | 1.9% |
| Finance and insurance | 4 | 1.5% |
| Manufacturing | 3 | 1.1% |
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 55409 vs 55408 →
ZIP 55409 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 55407
Minneapolis (55407)
37,881 residents
- 55423
Minneapolis (55423)
35,375 residents
- 55408
Minneapolis (55408)
29,981 residents
- 55404
Minneapolis (55404)
27,121 residents
- 55419
Minneapolis (55419)
26,406 residents
- 55410
Minneapolis (55410)
19,340 residents
- 55405
Minneapolis (55405)
15,411 residents
- 55403 14,985
Minneapolis (55403)
14,985 residents
- 55409 11,615
Minneapolis (55409)
11,615 residents
What this shows Among its immediate neighbors, ZIP 55409 ranks #9 by population - useful context the national average alone can't give.
ZIP 55409 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 55419
Minneapolis (55419)
$148,350 median income
- 55410
Minneapolis (55410)
$146,425 median income
- 55401
Minneapolis (55401)
$113,522 median income
- 55409
Minneapolis (55409)
$98,305 median income
- 55423
Minneapolis (55423)
$85,182 median income
- 55407
Minneapolis (55407)
$78,464 median income
- 55405
Minneapolis (55405)
$73,053 median income
- 55408
Minneapolis (55408)
$70,326 median income
- 55402
Minneapolis (55402)
$62,105 median income
What this shows By household income, ZIP 55409 ranks #4 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 55408 | Minneapolis, MN | 29,981 | 0.8 mi |
| 55419 | Minneapolis, MN | 26,406 | 1.7 mi |
| 55407 | Minneapolis, MN | 37,881 | 1.4 mi |
| 55403 | Minneapolis, MN | 14,985 | 2.8 mi |
| 55404 | Minneapolis, MN | 27,121 | 2.4 mi |
| 55423 | Minneapolis, MN | 35,375 | 3.7 mi |
| 55402 | Minneapolis, MN | 368 | 3.2 mi |
| 55410 | Minneapolis, MN | 19,340 | 2.3 mi |
| 55405 | Minneapolis, MN | 15,411 | 3.0 mi |
| 55401 | Minneapolis, MN | 6,590 | 3.8 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 55409, both outside MN so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (11,615 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Hennepin County
Related Areas
Frequently Asked Questions
What county is ZIP code 55409 in?
ZIP code 55409 (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 55409?
ZIP code 55409 in Minneapolis, MN has a population of 11,615 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 55409?
The median household income in ZIP 55409 is $98,305, which is 29% above the national average of $76,288.
What is the average home value in ZIP 55409?
The median home value in ZIP 55409 is $378,600, which is 36% above the national average of $278,155.
What is the demographic makeup of ZIP 55409?
The largest racial group in ZIP 55409 is White at 75.0%. Hispanic or Latino residents make up 8.2% of the population.
How many businesses are in ZIP code 55409?
ZIP code 55409 has 271 business establishments employing approximately 2,667 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 55409?
The top industries by establishment count in ZIP 55409 are: Professional, scientific, and technical services (48), Other services (except public administration) (46), Health care and social assistance (38). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 55409?
According to the FHFA House Price Index, home values in ZIP 55409 increased by 0.9% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 147%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 55409?
In ZIP code 55409, 75.0% of residents aged 25+ have a high school diploma or higher, and 64.6% 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 55409?
The mean commute time for workers in ZIP code 55409 is 22.4 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 55409?
In ZIP code 55409, approximately 65.5% of occupied housing units are owner-occupied and 34.5% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 55409?
The poverty rate in ZIP code 55409 is 7.8% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
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What to do with ZIP 55409's numbers, next.
- See how ZIP 55409 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Minneapolis, MN ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.