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 High-density area
- $72,253
- Median income Near-median income area
- $280,900
- Median home value Near-median home value
- 24.2%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
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.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 55429 (Minneapolis, MN) rose +3.3% from 2023 to 2024. The all-transactions index moved from 219.2 in 2023 to 226.3 in 2024 (2000 = 100).
ZIP code 55429 is a densely settled ZIP (a standard USPS delivery area) in Minneapolis, Hennepin County, Minnesota, with 26,751 residents across 16.1 square miles, a density of 1,659 people per square mile, in the Chicago time zone.
ZIP 55429 lands in the middle-income range, with a median household income of $72,253 (12% below the average Minnesota ZIP), while per-capita income is $33,662. The poverty rate is 11.6%, with unemployment at 5.6%; those measures add context to the income figure. Median home value is $280,900 (10% above the average Minnesota ZIP) and median rent is $1,277; 59.6% of occupied homes are owner-occupied.
Educational attainment sits below the national norm: 24.2% of adults hold a bachelor's degree or higher, the median age is 34, and the average commute is 21 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Hennepin County, so 55429 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 55429
Top 5 sectors by establishment count in Minneapolis, MN
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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, 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; 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 ZIP avg
$33,662
Per Capita Income
11.6%
Poverty Rate
5.6%
Unemployment Rate
21.0 min
Mean Commute Time
How ZIP 55429 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)
$72,253 36th percentile higher than 36% 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
10,211housing units
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 ZIP avg
$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 |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 55429, 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 (26,751 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 55429 in?
ZIP code 55429 (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 55429?
ZIP code 55429 in Minneapolis, MN has a population of 26,751 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 55429?
The median household income in ZIP 55429 is $72,253, which is 5% below the national average of $76,288.
What is the average home value in ZIP 55429?
The median home value in ZIP 55429 is $280,900, which is 1% above the national average of $278,155.
What is the demographic makeup of ZIP 55429?
The largest racial group in ZIP 55429 is White at 35.6%. Hispanic or Latino residents make up 12.8% of the population.
How many businesses are in ZIP code 55429?
ZIP code 55429 has 456 business establishments employing approximately 7,029 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 55429?
The top industries by establishment count in ZIP 55429 are: Health care and social assistance (137), Construction (53), Other services (except public administration) (42). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 55429?
According to the FHFA House Price Index, home values in ZIP 55429 increased by 3.3% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 126%. 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 55429?
In ZIP code 55429, 51.6% of residents aged 25+ have a high school diploma or higher, and 24.2% 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 55429?
The mean commute time for workers in ZIP code 55429 is 21.0 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 55429?
In ZIP code 55429, approximately 59.6% of occupied housing units are owner-occupied and 40.4% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 55429?
The poverty rate in ZIP code 55429 is 11.6% 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 55429's numbers, next.
- See how ZIP 55429 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.