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
- $92,821
- Median income
- $360,200
- Median home value
- 48.8%
- Bachelor's or higher
The verdict
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.
ZIP code 55427 is classified by USPS as a standard delivery area and covers roughly 18.7 square miles in Minneapolis, Hennepin County, Minnesota. The area is home to 22,919 residents, producing a population density of 1,226 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 55427 against Minnesota and the nation.
On the economic side, the median household income for ZIP 55427 sits at $92,821 (13% above the Minnesota average), while per-capita income is $49,566. The poverty rate stands at 9.2% and the unemployment rate at 2.8%. On housing, the median home value is $360,200 (41% above the state average) with median rent at $1,472 per month, and 67.0% of occupied units are owner-occupied, a direct signal of whether 55427 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 48.8% of adults hold a bachelor's degree or higher, the median age is 39.4, and the average commute is 19 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Hennepin County, so you can benchmark 55427 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 55427
Top 5 sectors by establishment count
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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, 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; HUD FMR + 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
$49,566
Per Capita Income
9.2%
Poverty Rate
2.8%
Unemployment Rate
19.2 min
Mean Commute Time
How ZIP 55427 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$92,821 Top 24% higher than 76% 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?
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
$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 |
More ZIP Codes in Hennepin County
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Frequently Asked Questions
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How many businesses are in ZIP code 55427? ▼
What are the main industries in ZIP code 55427? ▼
How have home values changed in ZIP code 55427? ▼
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What percentage of residents own vs. rent in ZIP 55427? ▼
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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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