Minneapolis, MN · standard
ZIP Code 55427
Hennepin County, Minnesota - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 22,919
- 1,226/sq mi High-density area
- $92,821
- Median income Above-median income area
- $360,200
- Median home value Above-median home value
- 48.8%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Minneapolis pairs an upper-quartile household income with upper-quartile home values, in a low-density, homeowner-dominated area.
- Top 24%
- household income, US ZIPs
- Top 25%
- home value, US ZIPs
- 1,226
- people per sq mi
- 67%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55427 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 55427 (Minneapolis, MN) rose +1.9% from 2023 to 2024. The all-transactions index moved from 216.3 in 2023 to 220.4 in 2024 (2000 = 100).
ZIP code 55427 is a densely settled ZIP (a standard USPS delivery area) in Minneapolis, Hennepin County, Minnesota, with 22,919 residents across 18.7 square miles, a density of 1,226 people per square mile, in the Chicago time zone.
ZIP 55427 lands in the middle-income range, with a median household income of $92,821 (13% above the average Minnesota ZIP), while per-capita income is $49,566. The poverty rate is 9.2%, with unemployment at 2.8%; those measures add context to the income figure. Housing is both higher-cost and owner-heavy: median home value is $360,200 (41% above the average Minnesota ZIP), while 67.0% of occupied homes are owner-occupied and median rent is $1,472.
A solid share of residents have a four-year degree: 48.8% of adults hold a bachelor's degree or higher, the median age is 39.4, and the average commute is 19 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Hennepin County, so 55427 can be compared with both its immediate and county-level context.
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 55427
Top 5 sectors by establishment count in Minneapolis, MN
Which industries have the most business establishments in ZIP 55427.
- Health care and social assistance
Health care and social assistance
102 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
89 establishments
- Construction
Construction
82 establishments
- Other services (except public administration)
Other services (except public administration)
62 establishments
- Wholesale trade
Wholesale trade
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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 55427, 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
22,919
Population
18.7
Area (sq mi)
1,226
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 55427?
39.4
Median Age
49.2%
Male
50.8%
Female
12.5%
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?
$92,821
Median Household Income
+13% vs state ZIP avg
$49,566
Per Capita Income
9.2%
Poverty Rate
2.8%
Unemployment Rate
19.2 min
Mean Commute Time
How ZIP 55427 ranks among Minnesota ZIPs
Minneapolis, MN household income vs. every Minnesota ZIP code
Median household income among 864 reporting Minnesota ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$92,821 Top 25% higher than 75% of 864 Minnesota ZIPs
Each bar is a $20K-wide band; taller bars hold more Minnesota 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?
Housing stock: occupied vs vacant
10,774housing units
10,774
Total Housing Units
10,670
Occupied Units
104
Vacant Units
2.28
Avg Household Size
Occupancy Type
$360,200
Median Home Value
+41% vs state ZIP avg
$1,472
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
+1.9%
YoY Change (2024)
220
HPI Index (2000 = 100)
+120%
Total Change Since 2000
Home values in ZIP 55427 have increased 1.9% over the past year (2024). Since 2000, this ZIP has seen +120% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +4.5% | 175 |
| 2021 | +9.6% | 191 |
| 2022 | +12.3% | 215 |
| 2023 | +0.7% | 216 |
| 2024 | +1.9% | 220 |
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 746 business establishments in ZIP 55427, employing approximately 18,431 people with a combined annual payroll of $999,943,000.
746
Businesses
18,431
Employees
$999.9M
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Health care and social assistance | 102 | 13.7% |
| Professional, scientific, and technical services | 89 | 11.9% |
| Construction | 82 | 11.0% |
| Other services (except public administration) | 62 | 8.3% |
| Wholesale trade | 61 | 8.2% |
| Retail trade | 61 | 8.2% |
| Administrative and support and waste management and remediation services | 55 | 7.4% |
| Accommodation and food services | 52 | 7.0% |
| Real estate and rental and leasing | 43 | 5.8% |
| Finance and insurance | 41 | 5.5% |
| Manufacturing | 38 | 5.1% |
| Information | 16 | 2.1% |
| Transportation and warehousing | 14 | 1.9% |
| Educational services | 12 | 1.6% |
| Management of companies and enterprises | 9 | 1.2% |
| Arts, entertainment, and recreation | 9 | 1.2% |
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 55427 vs 55422 →
ZIP 55427 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 55428
Minneapolis (55428)
29,357 residents
- 55416
Minneapolis (55416)
29,027 residents
- 55422
Minneapolis (55422)
27,820 residents
- 55411
Minneapolis (55411)
27,428 residents
- 55429
Minneapolis (55429)
26,751 residents
- 55426
Minneapolis (55426)
24,945 residents
- 55427
Minneapolis (55427)
22,919 residents
- 55412
Minneapolis (55412)
22,148 residents
- 55305
Hopkins (55305)
19,368 residents
What this shows Among its immediate neighbors, ZIP 55427 ranks #7 by population - useful context the national average alone can't give.
ZIP 55427 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 55442
Minneapolis (55442)
$123,859 median income
- 55416
Minneapolis (55416)
$105,958 median income
- 55305
Hopkins (55305)
$104,914 median income
- 55441
Minneapolis (55441)
$101,981 median income
- 55426
Minneapolis (55426)
$99,347 median income
- 55422
Minneapolis (55422)
$93,914 median income
- 55427
Minneapolis (55427)
$92,821 median income
- 55428
Minneapolis (55428)
$74,860 median income
- 55429
Minneapolis (55429)
$72,253 median income
What this shows By household income, ZIP 55427 ranks #7 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 55422 | Minneapolis, MN | 27,820 | 2.0 mi |
| 55441 | Minneapolis, MN | 17,848 | 2.4 mi |
| 55426 | Minneapolis, MN | 24,945 | 3.5 mi |
| 55428 | Minneapolis, MN | 29,357 | 3.9 mi |
| 55411 | Minneapolis, MN | 27,428 | 4.0 mi |
| 55442 | Minneapolis, MN | 13,217 | 3.7 mi |
| 55429 | Minneapolis, MN | 26,751 | 4.5 mi |
| 55416 | Minneapolis, MN | 29,027 | 4.4 mi |
| 55412 | Minneapolis, MN | 22,148 | 4.2 mi |
| 55305 | Hopkins, MN | 19,368 | 4.4 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 55427, both outside MN so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (22,919 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Hennepin County
Related Areas
Frequently Asked Questions
What county is ZIP code 55427 in?
ZIP code 55427 (Minneapolis) is located in Hennepin County, Minnesota. Hennepin County contains multiple ZIP codes, see the full list at /counties/hennepin-mn.
What is the population of ZIP code 55427?
ZIP code 55427 in Minneapolis, MN has a population of 22,919 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 55427?
The median household income in ZIP 55427 is $92,821, which is 22% above the national average of $76,288.
What is the average home value in ZIP 55427?
The median home value in ZIP 55427 is $360,200, which is 29% above the national average of $278,155.
What is the demographic makeup of ZIP 55427?
The largest racial group in ZIP 55427 is White at 70.4%. Hispanic or Latino residents make up 8.5% of the population.
How many businesses are in ZIP code 55427?
ZIP code 55427 has 746 business establishments employing approximately 18,431 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 55427?
The top industries by establishment count in ZIP 55427 are: Health care and social assistance (102), Professional, scientific, and technical services (89), Construction (82). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 55427?
According to the FHFA House Price Index, home values in ZIP 55427 increased by 1.9% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 120%. 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 55427?
In ZIP code 55427, 67.7% of residents aged 25+ have a high school diploma or higher, and 48.8% 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 55427?
The mean commute time for workers in ZIP code 55427 is 19.2 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 55427?
In ZIP code 55427, approximately 67.0% of occupied housing units are owner-occupied and 33.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 55427?
The poverty rate in ZIP code 55427 is 9.2% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 55427's numbers, next.
- See how ZIP 55427 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Minneapolis, MN ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.