PlainZIP

Minneapolis, MN · standard

ZIP Code 55421

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

27,035
1,662/sq mi
$70,772
Median income
$277,300
Median home value
33.5%
Bachelor's or higher

The verdict

Minneapolis pairs a below-median household income with above-median home values, in a low-density, homeowner-dominated area.

48th pct
household income, US ZIPs
Top 37%
home value, US ZIPs
1,662
people per sq mi
61%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55421 against every reporting US ZIP.

ZIP code 55421 is a densely settled ZIP (a standard USPS delivery area) in Minneapolis, Anoka County, Minnesota, with 27,035 residents across 16.3 square miles, a density of 1,662 people per square mile, in the Chicago time zone.

ZIP 55421 lands in the middle-income range, with a median household income of $70,772 (14% below the Minnesota average), while per-capita income is $38,751. The poverty rate stands at 14.5% and the unemployment rate at 5.4%. Median home value sits at $277,300 (8% above the state average), median rent at $1,279 a month, and owner-occupancy at 60.7%.

A solid share of residents have a four-year degree: 33.5% of adults hold a bachelor's degree or higher, the median age is 37.4, and the average commute is 23 minutes. Beyond these figures, 10 nearby ZIP codes within about 10 miles are surfaced below, along with 6 more sharing Anoka County, letting you compare 55421 to its immediate surroundings rather than a national baseline alone.

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 55421

Top 5 sectors by establishment count in Minneapolis, MN

Which industries have the most business establishments in ZIP 55421.

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 55421, 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

27,035

Population

16.3

Area (sq mi)

1,662

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 55421?

37.4

Median Age

51.5%

Male

48.5%

Female

22.9%

Foreign-Born

White 50.0%
African American 26.1%
Asian 4.1%
American Indian or Alaska Native 0.4%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 7.5%
Hispanic or Latino 15.2%

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?

$70,772

Median Household Income

-14% vs state

$38,751

Per Capita Income

14.5%

Poverty Rate

5.4%

Unemployment Rate

22.8 min

Mean Commute Time

How ZIP 55421 ranks nationally

Minneapolis, MN household income vs. every US ZIP code

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

$70,772 48th percentile higher than 48% 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%). This entry sits in this band. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $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 62.5%
Bachelor's Degree or Higher 33.5%

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

What does housing look like?

13,450

Total Housing Units

12,726

Occupied Units

724

Vacant Units

2.40

Avg Household Size

Occupancy Type

Owner 60.7%
Renter 39.3%

$277,300

Median Home Value

+8% vs state

$1,279

Median Rent

1966

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

+0.7%

YoY Change (2024)

229

HPI Index (2000 = 100)

+129%

Total Change Since 2000

Home values in ZIP 55421 have increased 0.7% over the past year (2024). Since 2000, this ZIP has seen +129% cumulative appreciation.

Year Annual Change HPI Index
2020 +5.4% 178
2021 +9.4% 194
2022 +10.2% 214
2023 +6.5% 228
2024 +0.7% 229

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 656 business establishments in ZIP 55421, employing approximately 12,441 people with a combined annual payroll of $677,274,000.

656

Businesses

12,441

Employees

$677.3M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Health care and social assistance 122 18.6%
Retail trade 78 11.9%
Other services (except public administration) 67 10.2%
Construction 66 10.1%
Accommodation and food services 59 9.0%
Professional, scientific, and technical services 51 7.8%
Administrative and support and waste management and remediation services 38 5.8%
Manufacturing 33 5.0%
Transportation and warehousing 33 5.0%
Real estate and rental and leasing 31 4.7%
Wholesale trade 26 4.0%
Finance and insurance 25 3.8%
Information 11 1.7%
Arts, entertainment, and recreation 6 0.9%
Management of companies and enterprises 5 0.8%
Educational services 4 0.6%

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 55421 vs 55418 →

ZIP 55421 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 55421 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 55421 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 55421 ranks #8 of 9 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
55418 Minneapolis, MN 29,472 2.1 mi
55432 Minneapolis, MN 30,027 3.2 mi
55430 Minneapolis, MN 21,508 2.5 mi
55413 Minneapolis, MN 12,934 3.6 mi
55412 Minneapolis, MN 22,148 2.8 mi
55415 Minneapolis, MN 2,604 5.3 mi
55401 Minneapolis, MN 6,590 4.6 mi
55112 Saint Paul, MN 43,250 3.6 mi
55454 Minneapolis, MN 8,125 5.6 mi
55402 Minneapolis, MN 368 5.2 mi

More ZIP Codes in Anoka County

55303 standard
Anoka, MN
Pop: 46,352
55304 standard
Andover, MN
Pop: 45,967
55433 standard
Minneapolis, MN
Pop: 33,613
55432 standard
Minneapolis, MN
Pop: 30,027
55434 standard
Minneapolis, MN
Pop: 28,823
55448 standard
Minneapolis, MN
Pop: 27,863

Related Areas

Anoka County Minneapolis, MN Minnesota

Frequently Asked Questions

What county is ZIP code 55421 in? ▼
ZIP code 55421 (Minneapolis) is located in Anoka County, Minnesota. Anoka County contains multiple ZIP codes, see the full list at /counties/anoka-mn.
What is the population of ZIP code 55421? ▼
ZIP code 55421 in Minneapolis, MN has a population of 27,035 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 55421? ▼
The median household income in ZIP 55421 is $70,772, which is 7% below the national average of $76,288.
What is the average home value in ZIP 55421? ▼
The median home value in ZIP 55421 is $277,300, which is 0% below the national average of $278,155.
What is the demographic makeup of ZIP 55421? ▼
The largest racial group in ZIP 55421 is White at 50.0%. Hispanic or Latino residents make up 15.2% of the population.
How many businesses are in ZIP code 55421? ▼
ZIP code 55421 has 656 business establishments employing approximately 12,441 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 55421? ▼
The top industries by establishment count in ZIP 55421 are: Health care and social assistance (122), Retail trade (78), Other services (except public administration) (67). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 55421? ▼
According to the FHFA House Price Index, home values in ZIP 55421 increased by 0.7% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 129%. 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 55421? ▼
In ZIP code 55421, 62.5% of residents aged 25+ have a high school diploma or higher, and 33.5% 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 55421? ▼
The mean commute time for workers in ZIP code 55421 is 22.8 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 55421? ▼
In ZIP code 55421, approximately 60.7% of occupied housing units are owner-occupied and 39.3% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 55421? ▼
The poverty rate in ZIP code 55421 is 14.5% 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.