Minneapolis, MN · standard
ZIP Code 55429
Hennepin County, Minnesota — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 26,751
- 1,659/sq mi
- $72,253
- Median income
- $280,900
- Median home value
- 24.2%
- Bachelor's or higher
The verdict
Minneapolis pairs an above-median household income with above-median home values, in a low-density, mixed-tenure area.
- Top 50%
- household income, US ZIPs
- Top 37%
- home value, US ZIPs
- 1,659
- people per sq mi
- 60%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55429 against every reporting US ZIP.
ZIP code 55429 is classified by USPS as a standard delivery area and covers roughly 16.1 square miles in Minneapolis, Hennepin County, Minnesota. The area is home to 26,751 residents, producing a population density of 1,659 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 55429 against Minnesota and the nation.
On the economic side, the median household income for ZIP 55429 sits at $72,253 (12% below the Minnesota average), while per-capita income is $33,662. The poverty rate stands at 11.6% and the unemployment rate at 5.6%. On housing, the median home value is $280,900 (10% above the state average) with median rent at $1,277 per month, and 59.6% of occupied units are owner-occupied, a direct signal of whether 55429 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 24.2% of adults hold a bachelor's degree or higher, the median age is 34, and the average commute is 21 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Hennepin County, so you can benchmark 55429 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 55429
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 55429.
- Health care and social assistance
Health care and social assistance
137 establishments
- Construction 53
Construction
53 establishments
- Other services (except public administration) 42
Other services (except public administration)
42 establishments
- Retail trade 37
Retail trade
37 establishments
- Administrative and support and waste management and remediation services 33
Administrative and support and waste management and remediation services
33 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 55429, 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
26,751
Population
16.1
Area (sq mi)
1,659
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 55429?
34.0
Median Age
51.0%
Male
49.0%
Female
23.7%
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?
$72,253
Median Household Income
-12% vs state
$33,662
Per Capita Income
11.6%
Poverty Rate
5.6%
Unemployment Rate
21.0 min
Mean Commute Time
How ZIP 55429 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$72,253 Top 50% higher than 50% 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?
10,211
Total Housing Units
9,834
Occupied Units
377
Vacant Units
2.70
Avg Household Size
Occupancy Type
$280,900
Median Home Value
+10% vs state
$1,277
Median Rent
1963
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
+3.3%
YoY Change (2024)
226
HPI Index (2000 = 100)
+126%
Total Change Since 2000
Home values in ZIP 55429 have increased 3.3% over the past year (2024). Since 2000, this ZIP has seen +126% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +6.3% | 174 |
| 2021 | +9.6% | 191 |
| 2022 | +10.4% | 210 |
| 2023 | +4.2% | 219 |
| 2024 | +3.3% | 226 |
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 456 business establishments in ZIP 55429, employing approximately 7,029 people with a combined annual payroll of $391,157,000.
456
Businesses
7,029
Employees
$391.2M
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Health care and social assistance | 137 | 30.0% |
| Construction | 53 | 11.6% |
| Other services (except public administration) | 42 | 9.2% |
| Retail trade | 37 | 8.1% |
| Administrative and support and waste management and remediation services | 33 | 7.2% |
| Professional, scientific, and technical services | 30 | 6.6% |
| Manufacturing | 22 | 4.8% |
| Real estate and rental and leasing | 20 | 4.4% |
| Accommodation and food services | 19 | 4.2% |
| Transportation and warehousing | 17 | 3.7% |
| Wholesale trade | 15 | 3.3% |
| Finance and insurance | 10 | 2.2% |
| Educational services | 7 | 1.5% |
| Management of companies and enterprises | 5 | 1.1% |
| Arts, entertainment, and recreation | 5 | 1.1% |
| Information | 3 | 0.7% |
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 55429 vs 55430 →
ZIP 55429 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 55443
Minneapolis (55443)
32,462 residents
- 55428
Minneapolis (55428)
29,357 residents
- 55422
Minneapolis (55422)
27,820 residents
- 55421
Minneapolis (55421)
27,035 residents
- 55429
Minneapolis (55429)
26,751 residents
- 55427
Minneapolis (55427)
22,919 residents
- 55412
Minneapolis (55412)
22,148 residents
- 55430
Minneapolis (55430)
21,508 residents
- 55444
Minneapolis (55444)
15,667 residents
What this shows Among its immediate neighbors, ZIP 55429 ranks #5 by population — useful context the national average alone can't give.
ZIP 55429 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
- 55444
Minneapolis (55444)
$117,198 median income
- 55445
Minneapolis (55445)
$104,150 median income
- 55443
Minneapolis (55443)
$95,082 median income
- 55422
Minneapolis (55422)
$93,914 median income
- 55427
Minneapolis (55427)
$92,821 median income
- 55430
Minneapolis (55430)
$75,716 median income
- 55428
Minneapolis (55428)
$74,860 median income
- 55429
Minneapolis (55429)
$72,253 median income
What this shows By household income, ZIP 55429 ranks #9 of 9 neighboring ZIPs — local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 55430 | Minneapolis, MN | 21,508 | 2.0 mi |
| 55428 | Minneapolis, MN | 29,357 | 1.9 mi |
| 55422 | Minneapolis, MN | 27,820 | 3.8 mi |
| 55443 | Minneapolis, MN | 32,462 | 3.8 mi |
| 55412 | Minneapolis, MN | 22,148 | 3.3 mi |
| 55444 | Minneapolis, MN | 15,667 | 3.4 mi |
| 55445 | Minneapolis, MN | 9,879 | 4.5 mi |
| 55427 | Minneapolis, MN | 22,919 | 4.5 mi |
| 55442 | Minneapolis, MN | 13,217 | 4.3 mi |
| 55421 | Minneapolis, MN | 27,035 | 4.4 mi |
More ZIP Codes in Hennepin County
Related Areas
Frequently Asked Questions
What county is ZIP code 55429 in? ▼
What is the population of ZIP code 55429? ▼
What is the median household income in ZIP 55429? ▼
What is the average home value in ZIP 55429? ▼
What is the demographic makeup of ZIP 55429? ▼
How many businesses are in ZIP code 55429? ▼
What are the main industries in ZIP code 55429? ▼
How have home values changed in ZIP code 55429? ▼
What is the education level in ZIP code 55429? ▼
What is the average commute time in ZIP 55429? ▼
What percentage of residents own vs. rent in ZIP 55429? ▼
What is the poverty rate in ZIP code 55429? ▼
ZIP Code Research Guides
Official Data Resources for Minneapolis, MN
Verify and explore additional data for this area using these official government sources.
Read our methodology to see how this data is sourced, computed, and verified.