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 classified by USPS as a standard delivery area and covers roughly 16.3 square miles in Minneapolis, Anoka County, Minnesota. The area is home to 27,035 residents, producing a population density of 1,662 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 55421 against Minnesota and the nation.
On the economic side, the median household income for ZIP 55421 sits at $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%. On housing, the median home value is $277,300 (8% above the state average) with median rent at $1,279 per month, and 60.7% of occupied units are owner-occupied, a direct signal of whether 55421 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 33.5% of adults hold a bachelor's degree or higher, the median age is 37.4, and the average commute is 23 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Anoka County, so you can benchmark 55421 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 55421
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 55421.
- Health care and social assistance
Health care and social assistance
122 establishments
- Retail trade
Retail trade
78 establishments
- Other services (except public administration)
Other services (except public administration)
67 establishments
- Construction
Construction
66 establishments
- Accommodation and food services
Accommodation and food services
59 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 55421, 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
27,035
Population
16.3
Area (sq mi)
1,662
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 55421?
37.4
Median Age
51.5%
Male
48.5%
Female
22.9%
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?
$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
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
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?
13,450
Total Housing Units
12,726
Occupied Units
724
Vacant Units
2.40
Avg Household Size
Occupancy Type
$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.
- 55112
Saint Paul (55112)
43,250 residents
- 55432
Minneapolis (55432)
30,027 residents
- 55418
Minneapolis (55418)
29,472 residents
- 55421
Minneapolis (55421)
27,035 residents
- 55412
Minneapolis (55412)
22,148 residents
- 55430
Minneapolis (55430)
21,508 residents
- 55413 12,934
Minneapolis (55413)
12,934 residents
- 55454 8,125
Minneapolis (55454)
8,125 residents
- 55401 6,590
Minneapolis (55401)
6,590 residents
What this shows Among its immediate neighbors, ZIP 55421 ranks #4 by population — useful context the national average alone can't give.
ZIP 55421 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
- 55112
Saint Paul (55112)
$93,838 median income
- 55413
Minneapolis (55413)
$85,282 median income
- 55432
Minneapolis (55432)
$79,520 median income
- 55430
Minneapolis (55430)
$75,716 median income
- 55421
Minneapolis (55421)
$70,772 median income
- 55412
Minneapolis (55412)
$68,682 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.
| 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
Related Areas
Frequently Asked Questions
What county is ZIP code 55421 in? ▼
What is the population of ZIP code 55421? ▼
What is the median household income in ZIP 55421? ▼
What is the average home value in ZIP 55421? ▼
What is the demographic makeup of ZIP 55421? ▼
How many businesses are in ZIP code 55421? ▼
What are the main industries in ZIP code 55421? ▼
How have home values changed in ZIP code 55421? ▼
What is the education level in ZIP code 55421? ▼
What is the average commute time in ZIP 55421? ▼
What percentage of residents own vs. rent in ZIP 55421? ▼
What is the poverty rate in ZIP code 55421? ▼
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Official Data Resources for Minneapolis, MN
Verify and explore additional data for this area using these official government sources.
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