PlainZIP

Minneapolis, MN · standard

ZIP Code 55417

Hennepin County, Minnesota - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

24,875
1,758/sq mi
$126,261
Median income
$382,900
Median home value
63.8%
Bachelor's or higher

The verdict

Minneapolis pairs a top-decile household income with upper-quartile home values, in a low-density, homeowner-dominated area.

Top 8%
household income, US ZIPs
Top 22%
home value, US ZIPs
1,758
people per sq mi
84%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55417 against every reporting US ZIP.

ZIP code 55417 is a densely settled ZIP (a standard USPS delivery area) in Minneapolis, Hennepin County, Minnesota, with 24,875 residents across 14.2 square miles, a density of 1,758 people per square mile, in the Chicago time zone.

ZIP 55417 skews affluent, with a median household income of $126,261 (54% above the Minnesota average), while per-capita income is $64,671. 5.1% of residents live below the poverty line, and the unemployment rate reads 3.6%. Median home value sits at $382,900 (50% above the state average), median rent at $1,420 a month, and owner-occupancy at 83.8%.

This is a highly-educated ZIP: 63.8% of adults hold a bachelor's degree or higher, the median age is 41.1, and the average commute is 21 minutes. To put 55417 in local context, 10 ZIP codes within roughly 10 miles appear further down this page alongside 6 additional ZIPs in Hennepin County, for a geography-aware comparison.

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 55417

Top 5 sectors by establishment count in Minneapolis, MN

Which industries have the most business establishments in ZIP 55417.

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 55417, 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

24,875

Population

14.2

Area (sq mi)

1,758

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 55417?

41.1

Median Age

49.1%

Male

50.9%

Female

6.5%

Foreign-Born

White 79.3%
African American 5.0%
Asian 2.2%
American Indian or Alaska Native 0.2%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 9.8%
Hispanic or Latino 9.0%

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?

$126,261

Median Household Income

+54% vs state

$64,671

Per Capita Income

5.1%

Poverty Rate

3.6%

Unemployment Rate

21.0 min

Mean Commute Time

How ZIP 55417 ranks nationally

Minneapolis, MN household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$126,261 Top 8% higher than 92% 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%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Below this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Below this entry. $120,000–$140,000: 1,362 US ZIPs (4%). This entry sits in this band. $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 75.7%
Bachelor's Degree or Higher 63.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

11,472

Total Housing Units

10,860

Occupied Units

612

Vacant Units

2.26

Avg Household Size

Occupancy Type

Owner 83.8%
Renter 16.2%

$382,900

Median Home Value

+50% vs state

$1,420

Median Rent

1944

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

+4.8%

YoY Change (2024)

244

HPI Index (2000 = 100)

+144%

Total Change Since 2000

Home values in ZIP 55417 have increased 4.8% over the past year (2024). Since 2000, this ZIP has seen +144% cumulative appreciation.

Year Annual Change HPI Index
2020 +2.9% 199
2021 +7.3% 213
2022 +7.6% 229
2023 +1.5% 233
2024 +4.8% 244

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 353 business establishments in ZIP 55417, employing approximately 6,210 people with a combined annual payroll of $482,605,000.

353

Businesses

6,210

Employees

$482.6M

Annual Payroll

14

Industry Sectors

Industry Establishments % of Total
Professional, scientific, and technical services 69 19.6%
Health care and social assistance 52 14.7%
Other services (except public administration) 41 11.6%
Retail trade 31 8.8%
Construction 29 8.2%
Accommodation and food services 26 7.4%
Real estate and rental and leasing 24 6.8%
Administrative and support and waste management and remediation services 23 6.5%
Educational services 14 4.0%
Finance and insurance 13 3.7%
Arts, entertainment, and recreation 10 2.8%
Wholesale trade 8 2.3%
Information 6 1.7%
Manufacturing 4 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 55417 vs 55450 →

ZIP 55417 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 55417 ranks #4 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 55417 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 55417 ranks #2 of 8 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
55450 Minneapolis, MN 10 1.7 mi
55406 Minneapolis, MN 32,112 2.5 mi
55407 Minneapolis, MN 37,881 2.4 mi
55111 Saint Paul, MN 0 2.3 mi
55419 Minneapolis, MN 26,406 2.8 mi
55116 Saint Paul, MN 23,851 3.0 mi
55425 Minneapolis, MN 8,952 4.3 mi
55455 Minneapolis, MN 1,050 4.8 mi
55409 Minneapolis, MN 11,615 3.1 mi
55454 Minneapolis, MN 8,125 4.6 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 55417 in? ▼
ZIP code 55417 (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 55417? ▼
ZIP code 55417 in Minneapolis, MN has a population of 24,875 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 55417? ▼
The median household income in ZIP 55417 is $126,261, which is 66% above the national average of $76,288.
What is the average home value in ZIP 55417? ▼
The median home value in ZIP 55417 is $382,900, which is 38% above the national average of $278,155.
What is the demographic makeup of ZIP 55417? ▼
The largest racial group in ZIP 55417 is White at 79.3%. Hispanic or Latino residents make up 9.0% of the population.
How many businesses are in ZIP code 55417? ▼
ZIP code 55417 has 353 business establishments employing approximately 6,210 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 55417? ▼
The top industries by establishment count in ZIP 55417 are: Professional, scientific, and technical services (69), Health care and social assistance (52), Other services (except public administration) (41). There are 14 industry sectors represented in total.
How have home values changed in ZIP code 55417? ▼
According to the FHFA House Price Index, home values in ZIP 55417 increased by 4.8% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 144%. 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 55417? ▼
In ZIP code 55417, 75.7% of residents aged 25+ have a high school diploma or higher, and 63.8% 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 55417? ▼
The mean commute time for workers in ZIP code 55417 is 21.0 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 55417? ▼
In ZIP code 55417, approximately 83.8% of occupied housing units are owner-occupied and 16.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 55417? ▼
The poverty rate in ZIP code 55417 is 5.1% 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.