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 classified by USPS as a standard delivery area and covers roughly 14.2 square miles in Minneapolis, Hennepin County, Minnesota. The area is home to 24,875 residents, producing a population density of 1,758 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 55417 against Minnesota and the nation.
On the economic side, the median household income for ZIP 55417 sits at $126,261 (54% above the Minnesota average), while per-capita income is $64,671. The poverty rate stands at 5.1% and the unemployment rate at 3.6%. On housing, the median home value is $382,900 (50% above the state average) with median rent at $1,420 per month, and 83.8% of occupied units are owner-occupied, a direct signal of whether 55417 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 63.8% of adults hold a bachelor's degree or higher, the median age is 41.1, and the average commute is 21 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Hennepin County, so you can benchmark 55417 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 55417
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 55417.
- Professional, scientific, and technical services
Professional, scientific, and technical services
69 establishments
- Health care and social assistance
Health care and social assistance
52 establishments
- Other services (except public administration)
Other services (except public administration)
41 establishments
- Retail trade
Retail trade
31 establishments
- Construction
Construction
29 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 55417, 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
24,875
Population
14.2
Area (sq mi)
1,758
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 55417?
41.1
Median Age
49.1%
Male
50.9%
Female
6.5%
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?
$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
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
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?
11,472
Total Housing Units
10,860
Occupied Units
612
Vacant Units
2.26
Avg Household Size
Occupancy Type
$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.
- 55407
Minneapolis (55407)
37,881 residents
- 55406
Minneapolis (55406)
32,112 residents
- 55419
Minneapolis (55419)
26,406 residents
- 55417
Minneapolis (55417)
24,875 residents
- 55116
Saint Paul (55116)
23,851 residents
- 55409 11,615
Minneapolis (55409)
11,615 residents
- 55425 8,952
Minneapolis (55425)
8,952 residents
- 55454 8,125
Minneapolis (55454)
8,125 residents
- 55455 1,050
Minneapolis (55455)
1,050 residents
What this shows Among its immediate neighbors, ZIP 55417 ranks #4 by population — useful context the national average alone can't give.
ZIP 55417 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
- 55417
Minneapolis (55417)
$126,261 median income
- 55409
Minneapolis (55409)
$98,305 median income
- 55406
Minneapolis (55406)
$93,910 median income
- 55116
Saint Paul (55116)
$81,141 median income
- 55407
Minneapolis (55407)
$78,464 median income
- 55425
Minneapolis (55425)
$76,274 median income
- 55454 $23,100
Minneapolis (55454)
$23,100 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.
| 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
Related Areas
Frequently Asked Questions
What county is ZIP code 55417 in? ▼
What is the population of ZIP code 55417? ▼
What is the median household income in ZIP 55417? ▼
What is the average home value in ZIP 55417? ▼
What is the demographic makeup of ZIP 55417? ▼
How many businesses are in ZIP code 55417? ▼
What are the main industries in ZIP code 55417? ▼
How have home values changed in ZIP code 55417? ▼
What is the education level in ZIP code 55417? ▼
What is the average commute time in ZIP 55417? ▼
What percentage of residents own vs. rent in ZIP 55417? ▼
What is the poverty rate in ZIP code 55417? ▼
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.