PlainZIP

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 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 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.

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. 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 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.

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 · ZIP Code Business Patterns (ZBP) As of 2023

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

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 55429?

34.0

Median Age

51.0%

Male

49.0%

Female

23.7%

Foreign-Born

White 35.6%
African American 29.4%
Asian 17.4%
American Indian or Alaska Native 0.9%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 8.9%
Hispanic or Latino 12.8%

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

Minneapolis, MN 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

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). This entry sits in this band. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

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?

High School Graduate or Higher 51.6%
Bachelor's Degree or Higher 24.2%

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

Owner 59.6%
Renter 40.4%

$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.

residents

What this shows Among its immediate neighbors, ZIP 55429 ranks #5 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 55429 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

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.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
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

55407 standard
Minneapolis, MN
Pop: 37,881
55423 standard
Minneapolis, MN
Pop: 35,375
55311 standard
Maple Grove, MN
Pop: 32,788
55369 standard
Osseo, MN
Pop: 32,524
55443 standard
Minneapolis, MN
Pop: 32,462
55406 standard
Minneapolis, MN
Pop: 32,112

Related Areas

Hennepin County Minneapolis, MN Minnesota

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.

Read our methodology to see how this data is sourced, computed, and verified.