Minneapolis, MN · standard
ZIP Code 55414
Hennepin County, Minnesota — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 28,495
- 3,252/sq mi
- $51,966
- Median income
- $440,500
- Median home value
- 68.0%
- Bachelor's or higher
The verdict
Minneapolis pairs one of the lowest household incomes in the country with upper-quartile home values, in a suburban-density, renter-heavy area.
- 17th pct
- household income, US ZIPs
- Top 17%
- home value, US ZIPs
- 3,252
- people per sq mi
- 15%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55414 against every reporting US ZIP.
ZIP code 55414 is classified by USPS as a standard delivery area and covers roughly 8.8 square miles in Minneapolis, Hennepin County, Minnesota. The area is home to 28,495 residents, producing a population density of 3,252 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 55414 against Minnesota and the nation.
On the economic side, the median household income for ZIP 55414 sits at $51,966 (37% below the Minnesota average), while per-capita income is $35,444. The poverty rate stands at 36.4% and the unemployment rate at 6.1%. On housing, the median home value is $440,500 (72% above the state average) with median rent at $1,425 per month, and 15.1% of occupied units are owner-occupied, a direct signal of whether 55414 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 68.0% of adults hold a bachelor's degree or higher, the median age is 22.8, and the average commute is 20 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Hennepin County, so you can benchmark 55414 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 55414
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 55414.
- Accommodation and food services
Accommodation and food services
137 establishments
- Other services (except public administration)
Other services (except public administration)
111 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
105 establishments
- Health care and social assistance
Health care and social assistance
77 establishments
- Retail trade
Retail trade
69 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 55414, 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
28,495
Population
8.8
Area (sq mi)
3,252
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 55414?
22.8
Median Age
50.7%
Male
49.3%
Female
16.3%
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?
$51,966
Median Household Income
-37% vs state
$35,444
Per Capita Income
36.4%
Poverty Rate
6.1%
Unemployment Rate
20.2 min
Mean Commute Time
How ZIP 55414 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$51,966 17th percentile higher than 17% 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?
16,410
Total Housing Units
14,576
Occupied Units
1,834
Vacant Units
2.20
Avg Household Size
Occupancy Type
$440,500
Median Home Value
+72% vs state
$1,425
Median Rent
1988
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
+16.3%
YoY Change (2024)
250
HPI Index (2000 = 100)
+150%
Total Change Since 2000
Home values in ZIP 55414 have increased 16.3% over the past year (2024). Since 2000, this ZIP has seen +150% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +3.3% | 204 |
| 2021 | +4.9% | 214 |
| 2022 | +8.4% | 232 |
| 2023 | -7.5% | 215 |
| 2024 | +16.3% | 250 |
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 763 business establishments in ZIP 55414, employing approximately 17,277 people with a combined annual payroll of $1,117,871,000.
763
Businesses
17,277
Employees
$1.1B
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Accommodation and food services | 137 | 18.0% |
| Other services (except public administration) | 111 | 14.6% |
| Professional, scientific, and technical services | 105 | 13.8% |
| Health care and social assistance | 77 | 10.1% |
| Retail trade | 69 | 9.0% |
| Real estate and rental and leasing | 64 | 8.4% |
| Manufacturing | 34 | 4.5% |
| Wholesale trade | 32 | 4.2% |
| Finance and insurance | 25 | 3.3% |
| Arts, entertainment, and recreation | 21 | 2.8% |
| Construction | 20 | 2.6% |
| Administrative and support and waste management and remediation services | 17 | 2.2% |
| Educational services | 17 | 2.2% |
| Transportation and warehousing | 13 | 1.7% |
| Information | 12 | 1.6% |
| Management of companies and enterprises | 7 | 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 55414 vs 55455 →
ZIP 55414 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 55406
Minneapolis (55406)
32,112 residents
- 55414
Minneapolis (55414)
28,495 residents
- 55404
Minneapolis (55404)
27,121 residents
- 55108
Saint Paul (55108)
14,688 residents
- 55413
Minneapolis (55413)
12,934 residents
- 55454 8,125
Minneapolis (55454)
8,125 residents
- 55401 6,590
Minneapolis (55401)
6,590 residents
- 55114 3,100
Saint Paul (55114)
3,100 residents
- 55415 2,604
Minneapolis (55415)
2,604 residents
What this shows Among its immediate neighbors, ZIP 55414 ranks #2 by population — useful context the national average alone can't give.
ZIP 55414 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
- 55406
Minneapolis (55406)
$93,910 median income
- 55108
Saint Paul (55108)
$86,308 median income
- 55413
Minneapolis (55413)
$85,282 median income
- 55114
Saint Paul (55114)
$62,766 median income
- 55402
Minneapolis (55402)
$62,105 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 55414 ranks #8 of 9 neighboring ZIPs — local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 55455 | Minneapolis, MN | 1,050 | 0.5 mi |
| 55454 | Minneapolis, MN | 8,125 | 1.0 mi |
| 55413 | Minneapolis, MN | 12,934 | 1.5 mi |
| 55415 | Minneapolis, MN | 2,604 | 1.6 mi |
| 55406 | Minneapolis, MN | 32,112 | 2.8 mi |
| 55114 | Saint Paul, MN | 3,100 | 1.8 mi |
| 55402 | Minneapolis, MN | 368 | 2.2 mi |
| 55401 | Minneapolis, MN | 6,590 | 2.1 mi |
| 55404 | Minneapolis, MN | 27,121 | 2.1 mi |
| 55108 | Saint Paul, MN | 14,688 | 2.5 mi |
More ZIP Codes in Hennepin County
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Frequently Asked Questions
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How many businesses are in ZIP code 55414? ▼
What are the main industries in ZIP code 55414? ▼
How have home values changed in ZIP code 55414? ▼
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What percentage of residents own vs. rent in ZIP 55414? ▼
What is the poverty rate in ZIP code 55414? ▼
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.