Minneapolis, MN · standard
ZIP Code 55418
Hennepin County, Minnesota — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 29,472
- 1,682/sq mi
- $99,397
- Median income
- $348,700
- Median home value
- 54.3%
- Bachelor's or higher
The verdict
Minneapolis pairs an upper-quartile household income with above-median home values, in a low-density, homeowner-dominated area.
- Top 19%
- household income, US ZIPs
- Top 27%
- home value, US ZIPs
- 1,682
- people per sq mi
- 66%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55418 against every reporting US ZIP.
ZIP code 55418 is classified by USPS as a standard delivery area and covers roughly 17.5 square miles in Minneapolis, Hennepin County, Minnesota. The area is home to 29,472 residents, producing a population density of 1,682 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 55418 against Minnesota and the nation.
On the economic side, the median household income for ZIP 55418 sits at $99,397 (21% above the Minnesota average), while per-capita income is $57,144. The poverty rate stands at 6.6% and the unemployment rate at 3.6%. On housing, the median home value is $348,700 (36% above the state average) with median rent at $1,425 per month, and 66.3% of occupied units are owner-occupied, a direct signal of whether 55418 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 54.3% of adults hold a bachelor's degree or higher, the median age is 37.2, and the average commute is 23 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Hennepin County, so you can benchmark 55418 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 55418
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 55418.
- Health care and social assistance
Health care and social assistance
118 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
94 establishments
- Other services (except public administration)
Other services (except public administration)
84 establishments
- Retail trade
Retail trade
70 establishments
- Accommodation and food services
Accommodation and food services
61 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 55418, 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
29,472
Population
17.5
Area (sq mi)
1,682
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 55418?
37.2
Median Age
52.3%
Male
47.7%
Female
10.3%
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?
$99,397
Median Household Income
+21% vs state
$57,144
Per Capita Income
6.6%
Poverty Rate
3.6%
Unemployment Rate
22.9 min
Mean Commute Time
How ZIP 55418 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$99,397 Top 19% higher than 81% 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?
15,169
Total Housing Units
14,148
Occupied Units
1,021
Vacant Units
2.20
Avg Household Size
Occupancy Type
$348,700
Median Home Value
+36% vs state
$1,425
Median Rent
1948
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
+3.7%
YoY Change (2024)
246
HPI Index (2000 = 100)
+146%
Total Change Since 2000
Home values in ZIP 55418 have increased 3.7% over the past year (2024). Since 2000, this ZIP has seen +146% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +4.2% | 198 |
| 2021 | +7.8% | 213 |
| 2022 | +6.3% | 227 |
| 2023 | +4.5% | 237 |
| 2024 | +3.7% | 246 |
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 725 business establishments in ZIP 55418, employing approximately 8,919 people with a combined annual payroll of $424,101,000.
725
Businesses
8,919
Employees
$424.1M
Annual Payroll
15
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Health care and social assistance | 118 | 16.3% |
| Professional, scientific, and technical services | 94 | 13.0% |
| Other services (except public administration) | 84 | 11.6% |
| Retail trade | 70 | 9.7% |
| Accommodation and food services | 61 | 8.4% |
| Construction | 52 | 7.2% |
| Real estate and rental and leasing | 51 | 7.0% |
| Manufacturing | 50 | 6.9% |
| Wholesale trade | 31 | 4.3% |
| Administrative and support and waste management and remediation services | 30 | 4.1% |
| Arts, entertainment, and recreation | 21 | 2.9% |
| Transportation and warehousing | 20 | 2.8% |
| Finance and insurance | 14 | 1.9% |
| Educational services | 13 | 1.8% |
| Information | 12 | 1.7% |
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 55418 vs 55413 →
ZIP 55418 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 55418
Minneapolis (55418)
29,472 residents
- 55414
Minneapolis (55414)
28,495 residents
- 55404
Minneapolis (55404)
27,121 residents
- 55421
Minneapolis (55421)
27,035 residents
- 55412
Minneapolis (55412)
22,148 residents
- 55413
Minneapolis (55413)
12,934 residents
- 55454 8,125
Minneapolis (55454)
8,125 residents
- 55401 6,590
Minneapolis (55401)
6,590 residents
- 55415 2,604
Minneapolis (55415)
2,604 residents
What this shows Among its immediate neighbors, ZIP 55418 ranks the most populous — useful context the national average alone can't give.
ZIP 55418 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
- 55418
Minneapolis (55418)
$99,397 median income
- 55413
Minneapolis (55413)
$85,282 median income
- 55421
Minneapolis (55421)
$70,772 median income
- 55412
Minneapolis (55412)
$68,682 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 55418 ranks #3 of 9 neighboring ZIPs — local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 55413 | Minneapolis, MN | 12,934 | 1.5 mi |
| 55421 | Minneapolis, MN | 27,035 | 2.1 mi |
| 55454 | Minneapolis, MN | 8,125 | 3.6 mi |
| 55455 | Minneapolis, MN | 1,050 | 3.3 mi |
| 55414 | Minneapolis, MN | 28,495 | 3.0 mi |
| 55415 | Minneapolis, MN | 2,604 | 3.3 mi |
| 55412 | Minneapolis, MN | 22,148 | 2.8 mi |
| 55401 | Minneapolis, MN | 6,590 | 2.8 mi |
| 55402 | Minneapolis, MN | 368 | 3.4 mi |
| 55404 | Minneapolis, MN | 27,121 | 4.2 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 55418? ▼
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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.