Minneapolis, MN · standard

ZIP Code 55434

Anoka County, Minnesota — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

28,823
1,232/sq mi
$90,336
Median income
$301,100
Median home value
25.5%
Bachelor's or higher

The verdict

Minneapolis pairs an above-median household income with above-median home values, in a low-density, homeowner-dominated area.

Top 27%
household income, US ZIPs
Top 33%
home value, US ZIPs
1,232
people per sq mi
82%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55434 against every reporting US ZIP.

ZIP code 55434 is classified by USPS as a standard delivery area and covers roughly 23.4 square miles in Minneapolis, Anoka County, Minnesota. The area is home to 28,823 residents, producing a population density of 1,232 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 55434 against Minnesota and the nation.

On the economic side, the median household income for ZIP 55434 sits at $90,336 (10% above the Minnesota average), while per-capita income is $37,866. The poverty rate stands at 9.4% and the unemployment rate at 4.7%. On housing, the median home value is $301,100 (18% above the state average) with median rent at $1,733 per month, and 82.2% of occupied units are owner-occupied, a direct signal of whether 55434 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 25.5% of adults hold a bachelor's degree or higher, the median age is 36.2, and the average commute is 24 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Anoka County, so you can benchmark 55434 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 55434

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 55434.

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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 55434, 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

28,823

Population

23.4

Area (sq mi)

1,232

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 55434?

36.2

Median Age

51.2%

Male

48.8%

Female

13.8%

Foreign-Born

White 68.9%
African American 10.5%
Asian 8.9%
American Indian or Alaska Native 0.5%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 9.2%
Hispanic or Latino 5.4%

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?

$90,336

Median Household Income

+10% vs state

$37,866

Per Capita Income

9.4%

Poverty Rate

4.7%

Unemployment Rate

24.0 min

Mean Commute Time

How ZIP 55434 ranks nationally

Household income vs. every US ZIP code

Median household income — the full national distribution, with this ZIP marked

$90,336 Top 27% higher than 73% 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%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). This entry sits in this band. $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 57.0%
Bachelor's Degree or Higher 25.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

12,398

Total Housing Units

12,050

Occupied Units

348

Vacant Units

2.73

Avg Household Size

Occupancy Type

Owner 82.2%
Renter 17.8%

$301,100

Median Home Value

+18% vs state

$1,733

Median Rent

1983

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+3.0%

YoY Change (2024)

225

HPI Index (2000 = 100)

+125%

Total Change Since 2000

Home values in ZIP 55434 have increased 3.0% over the past year (2024). Since 2000, this ZIP has seen +125% cumulative appreciation.

Year Annual Change HPI Index
2020 +4.1% 170
2021 +11.6% 190
2022 +11.6% 212
2023 +3.0% 218
2024 +3.0% 225

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 609 business establishments in ZIP 55434, employing approximately 7,250 people with a combined annual payroll of $281,565,000.

609

Businesses

7,250

Employees

$281.6M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Retail trade 101 16.6%
Health care and social assistance 97 15.9%
Other services (except public administration) 72 11.8%
Accommodation and food services 56 9.2%
Construction 52 8.5%
Professional, scientific, and technical services 50 8.2%
Finance and insurance 38 6.2%
Real estate and rental and leasing 34 5.6%
Administrative and support and waste management and remediation services 29 4.8%
Transportation and warehousing 22 3.6%
Manufacturing 14 2.3%
Wholesale trade 13 2.1%
Educational services 13 2.1%
Arts, entertainment, and recreation 7 1.1%
Information 6 1.0%
Management of companies and enterprises 3 0.5%

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 55434 vs 55449 →

ZIP 55434 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 55434 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 55434 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 55434 ranks #8 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
55449 Minneapolis, MN 23,277 2.7 mi
55433 Minneapolis, MN 33,613 3.2 mi
55448 Minneapolis, MN 27,863 3.0 mi
55432 Minneapolis, MN 30,027 4.9 mi
55304 Andover, MN 45,967 6.1 mi
55444 Minneapolis, MN 15,667 5.0 mi
55421 Minneapolis, MN 27,035 8.1 mi
55014 Circle Pines, MN 27,274 6.2 mi
55443 Minneapolis, MN 32,462 5.4 mi
55316 Champlin, MN 23,089 6.8 mi

More ZIP Codes in Anoka County

Frequently Asked Questions

What county is ZIP code 55434 in?
ZIP code 55434 (Minneapolis) is located in Anoka County, Minnesota. Anoka County contains multiple ZIP codes, see the full list at /counties/anoka-mn.
What is the population of ZIP code 55434?
ZIP code 55434 in Minneapolis, MN has a population of 28,823 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 55434?
The median household income in ZIP 55434 is $90,336, which is 18% above the national average of $76,288.
What is the average home value in ZIP 55434?
The median home value in ZIP 55434 is $301,100, which is 8% above the national average of $278,155.
What is the demographic makeup of ZIP 55434?
The largest racial group in ZIP 55434 is White at 68.9%. Hispanic or Latino residents make up 5.4% of the population.
How many businesses are in ZIP code 55434?
ZIP code 55434 has 609 business establishments employing approximately 7,250 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 55434?
The top industries by establishment count in ZIP 55434 are: Retail trade (101), Health care and social assistance (97), Other services (except public administration) (72). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 55434?
According to the FHFA House Price Index, home values in ZIP 55434 increased by 3.0% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 125%. 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 55434?
In ZIP code 55434, 57.0% of residents aged 25+ have a high school diploma or higher, and 25.5% 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 55434?
The mean commute time for workers in ZIP code 55434 is 24.0 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 55434?
In ZIP code 55434, approximately 82.2% of occupied housing units are owner-occupied and 17.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 55434?
The poverty rate in ZIP code 55434 is 9.4% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

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Official Data Resources for Minneapolis, MN

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