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 High-density area
- $90,336
- Median income Above-median income area
- $301,100
- Median home value Above-median home value
- 25.5%
- 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, 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.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 55434 (Minneapolis, MN) rose +3.0% from 2023 to 2024. The all-transactions index moved from 218.2 in 2023 to 224.8 in 2024 (2000 = 100).
ZIP code 55434 is a densely settled ZIP (a standard USPS delivery area) in Minneapolis, Anoka County, Minnesota, with 28,823 residents across 23.4 square miles, a density of 1,232 people per square mile, in the Chicago time zone.
ZIP 55434 lands in the middle-income range, with a median household income of $90,336 (10% above the average Minnesota ZIP), while per-capita income is $37,866. The poverty rate is 9.4%, with unemployment at 4.7%; those measures add context to the income figure. Housing is both higher-cost and owner-heavy: median home value is $301,100 (18% above the average Minnesota ZIP), while 82.2% of occupied homes are owner-occupied and median rent is $1,733.
Educational attainment sits below the national norm: 25.5% of adults hold a bachelor's degree or higher, the median age is 36.2, and the average commute is 24 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Anoka County, so 55434 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 55434
Top 5 sectors by establishment count in Minneapolis, MN
Which industries have the most business establishments in ZIP 55434.
- Retail trade
Retail trade
101 establishments
- Health care and social assistance
Health care and social assistance
97 establishments
- Other services (except public administration)
Other services (except public administration)
72 establishments
- Accommodation and food services
Accommodation and food services
56 establishments
- Construction
Construction
52 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 55434, 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
28,823
Population
23.4
Area (sq mi)
1,232
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 55434?
36.2
Median Age
51.2%
Male
48.8%
Female
13.8%
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?
$90,336
Median Household Income
+10% vs state ZIP avg
$37,866
Per Capita Income
9.4%
Poverty Rate
4.7%
Unemployment Rate
24.0 min
Mean Commute Time
How ZIP 55434 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)
$90,336 Top 29% higher than 71% 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
12,398housing units
12,398
Total Housing Units
12,050
Occupied Units
348
Vacant Units
2.73
Avg Household Size
Occupancy Type
$301,100
Median Home Value
+18% vs state ZIP avg
$1,733
Median Rent
1983
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
+3.0%
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.
- 55304
Andover (55304)
45,967 residents
- 55433
Minneapolis (55433)
33,613 residents
- 55443
Minneapolis (55443)
32,462 residents
- 55432
Minneapolis (55432)
30,027 residents
- 55434
Minneapolis (55434)
28,823 residents
- 55448
Minneapolis (55448)
27,863 residents
- 55014
Circle Pines (55014)
27,274 residents
- 55421
Minneapolis (55421)
27,035 residents
- 55449
Minneapolis (55449)
23,277 residents
What this shows Among its immediate neighbors, ZIP 55434 ranks #5 by population - useful context the national average alone can't give.
ZIP 55434 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 55449
Minneapolis (55449)
$131,832 median income
- 55304
Andover (55304)
$131,700 median income
- 55444
Minneapolis (55444)
$117,198 median income
- 55316
Champlin (55316)
$116,102 median income
- 55014
Circle Pines (55014)
$103,658 median income
- 55448
Minneapolis (55448)
$103,461 median income
- 55443
Minneapolis (55443)
$95,082 median income
- 55434
Minneapolis (55434)
$90,336 median income
- 55432
Minneapolis (55432)
$79,520 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.
| 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 |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 55434, 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 (28,823 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Anoka County
Related Areas
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.
Related
Take this with you
What to do with ZIP 55434's numbers, next.
- See how ZIP 55434 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.