Residential delivery area · Minnesota

ZIP Code 55420: Minneapolis, MN

ZIP code 55420 uses the postal name Minneapolis, Minnesota and lies entirely in Hennepin County (Census 2020 ZIP-county file). About 24,000 people live there (Census Bureau, ACS 2020-2024), the 26th most populous of Minneapolis's 51 residential ZIP codes. Median household income is $82,170 (Census Bureau, ACS 2020-2024). Most of its land (100%) lies in the city of Bloomington.

  • ACS2020-24
  • Census2020
  • FHFA2025
  • ZBP2023
  • IRS2022
5national area: Minnesota, Iowa, Montana, North Dakota, South Dakota and Wisconsin
554sectional center: Minneapolis, MN (SCF 553)
20delivery area within it
Town
Minneapolis · 51 residential ZIPs
Census places
Bloomington
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
House district
MN-3 119th Congress
Time zone
Central
Land area
6.7 sq mi · 3,672 people per sq mi
PO Box ZIPs
18 more ZIP codes use the name Minneapolis for PO boxes or single organizations

Where is ZIP code 55420?

55420 centers on 44.836°, -93.277° and covers 6.7 square miles of land plus 0.1 of water. It borders 4 ZIP codes: 55431, 55425, 55423, 55337.

55337 · Burnsville55423 · Minneapolis55425 · Minneapolis55431 · Minneapolis55420 · Minneapolis (this ZIP)554205533755425554315542355337 · Burnsville55423 · Minneapolis55425 · Minneapolis55431 · Minneapolis55420 · Minneapolis (this ZIP)554205533755425554315542355337 · Burnsville55423 · Minneapolis55425 · Minneapolis55431 · Minneapolis55420 · Minneapolis (this ZIP)5542055337554255543155423
Shaded by median household income, in national fifths (ACS 2020-2024); 55420 outlined. Census 2020 ZCTA boundaries. <$54.1k$98.1k+no figure

The map draws ZIP code areas only. For the streets inside 55420, open its center on OpenStreetMap.

Source: U.S. Census Bureau, 2020 ZCTA cartographic boundaries and the 2023 Gazetteer (2020 ZCTAs); ZIP-to-county shares, Census places and House districts (119th Congress) from the Census 2020 relationship files (shares of land); metro area from the OMB delineation (July 2023); town name and time zone from simplemaps US ZIP Codes (CC BY 4.0).

How does 55420 compare with the rest of Minneapolis?

Rank of 55420 among the residential ZIP codes of its town, county and state (1 = the most; income and home value among ZIP codes of 1,000+ people living in households)
Measure55420In MinneapolisIn Hennepin CountyIn MN
People (ACS 2020-2024)24,45126th of 5124th of 7183rd of 881
Median household income$82k31st of 4752nd of 66269th of 545
Median home value$328k34th of 4857th of 66184th of 558

Its median household income is higher than in 65% of U.S. residential ZIP codes, and it is denser than 91% of all U.S. residential ZIP codes. ZIP codes at the ACS caps ($250,000 or more for household income, $2,000,000 or more for home value) share the top rank.

Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B01003, B19013, B25077); ranks by PlainZIP over residential ZIP codes (ZCTAs).

How many people live in 55420?

The 2020 Census counted 23,128 people in 55420; the ACS, which samples households over 2020-2024, estimates 24,451. Between the 2010 and 2020 censuses its population grew 6.3% (its boundary stayed at least 90% the same).

People, ACS 2020-2024
24,451
2020 Census count
23,128+6.3% since 2010 (21,767)
Households
9,257
Median age
38.5

Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B01003, B01002, B11001); 2020 Census (DHC P1); 2010 Census (SF1 P1).

Who lives in 55420?

Of the 24,451 people the ACS estimates in 55420, 24.0% are under 18 and 16.3% are 65 or older. The largest group by race and Hispanic origin is White (not Hispanic) (48.0%), then Black (not Hispanic) (19.1%).

  • Under 1824.0%
  • 18 to 6459.8%
  • 65 and older16.3%
Age of the people of 55420 (ACS 2020-2024, B01001)
  • White, not Hispanic48.0%
  • Black, not Hispanic19.1%
  • Hispanic or Latino18.4%
  • Other or two or more9.3%
  • Asian, not Hispanic5.2%
Race and Hispanic origin in 55420 (ACS 2020-2024, B03002); each person counted once

Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B01001 age by sex, B03002 Hispanic or Latino origin by race); shares of the estimated population, small ZIP codes carry wide margins.

What do households in 55420 earn?

Median household income is $82,170 (ACS 2020-2024), the 52nd highest of the 66 ranked ZIP codes in Hennepin County. It is not measurably different from 2015-2019 ($73,049 in 2024 dollars): the change is within the surveys' margins of error.

Median household income
$82,170
Income per person
$42,049
Below the poverty line
17.8%
Unemployed (of the labor force)
6.0%
Adults 25+ with a bachelor's degree
33.0%
Adjusted gross income per tax return, 2022
$64,52312,180 returns; wages 74% of AGI (IRS)

Source: U.S. Census Bureau, ACS 2020-2024 and 2015-2019 5-year estimates (B19013, B19301, B17001, B23025, B15003; 2015-2019 dollars converted with the BLS CPI-U, 1.22699); IRS Statistics of Income, ZIP code data, tax year 2022 (adjusted gross income per return, filed under the address on the return).

What are homes worth in 55420?

FHFA's house price index for 55420, built from repeat sales and appraisals of the same homes, rose 79% from 2015 to 2025 and rose 32% from 2020 to 2025, and moved +3.6% in 2025.

Median home value (owners' estimate)
$328,400
Median gross rent
$1,283
Homes owned by their occupants
67.0%
Housing units
9,695
0 200 400 600 800 197719902000201020202025 0 200 400 600 800 197719902000201020202025 0 200 400 600 800 197719902000201020202025
Index = 100 in 1977, the first year FHFA reports for 55420; 2025: 750.2. Annual, not seasonally adjusted; FHFA calls its ZIP-level indexes developmental.

Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B25077, B25064, B25003, B25001); FHFA House Price Index, annual five-digit ZIP, updated 2026-03-31.

What businesses are in 55420?

781 business establishments had a location in this ZIP code in 2023, 31 fewer than in 2018; the most are in health care and social assistance (ZIP Code Business Patterns).

  • Health care and social assistance100
  • Retail trade97
  • Other services (except public administration)83
  • Construction72
  • Professional, scientific, and technical services69
  • Administrative and support and waste management and remediation services68

Source: U.S. Census Bureau, ZIP Code Business Patterns 2023 and 2018 (establishments with paid employees, by the business's ZIP code).

Which ZIP codes are next to 55420?

ZIP codes that share a boundary with 55420, then the nearest by center
ZIPTownPeopleHousehold incomeDistance
55431Minneapolis18,664$102k1.9 mi
55425Minneapolis10,908$76k2.7 mi
55423Minneapolis36,724$85k2.9 mi
55337Burnsville47,633$84k4.0 mi
55437Minneapolis18,881$96k3.3 mi (near)
55450Minneapolis124–3.4 mi (near)
55435Minneapolis14,192$80k3.9 mi (near)
55122Saint Paul32,261$97k4.7 mi (near)

Source: PlainZIP from the Census 2020 ZCTA boundaries (shared edges) and internal points; figures ACS 2020-2024.