Minneapolis, MN · standard

ZIP Code 55435

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

11,592
1,514/sq mi
$79,884
Median income
$361,300
Median home value
62.6%
Bachelor's or higher

The verdict

Minneapolis pairs an above-median household income with upper-quartile home values, in a low-density, mixed-tenure area.

Top 38%
household income, US ZIPs
Top 25%
home value, US ZIPs
1,514
people per sq mi
48%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55435 against every reporting US ZIP.

ZIP code 55435 is classified by USPS as a standard delivery area and covers roughly 7.7 square miles in Minneapolis, Hennepin County, Minnesota. The area is home to 11,592 residents, producing a population density of 1,514 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 55435 against Minnesota and the nation.

On the economic side, the median household income for ZIP 55435 sits at $79,884 (3% below the Minnesota average), while per-capita income is $60,475. The poverty rate stands at 10.0% and the unemployment rate at 6.4%. On housing, the median home value is $361,300 (41% above the state average) with median rent at $1,816 per month, and 47.6% of occupied units are owner-occupied, a direct signal of whether 55435 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 62.6% of adults hold a bachelor's degree or higher, the median age is 48.3, and the average commute is 25 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Hennepin County, so you can benchmark 55435 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 55435

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 55435.

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 55435, 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

11,592

Population

7.7

Area (sq mi)

1,514

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 55435?

48.3

Median Age

42.9%

Male

57.1%

Female

14.7%

Foreign-Born

White 73.4%
African American 6.8%
Asian 10.1%
American Indian or Alaska Native 1.3%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 5.7%
Hispanic or Latino 6.1%

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?

$79,884

Median Household Income

-3% vs state

$60,475

Per Capita Income

10.0%

Poverty Rate

6.4%

Unemployment Rate

24.9 min

Mean Commute Time

How ZIP 55435 ranks nationally

Household income vs. every US ZIP code

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

$79,884 Top 38% higher than 62% 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 74.6%
Bachelor's Degree or Higher 62.6%

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

What does housing look like?

8,162

Total Housing Units

7,628

Occupied Units

534

Vacant Units

1.78

Avg Household Size

Occupancy Type

Owner 47.6%
Renter 52.4%

$361,300

Median Home Value

+41% vs state

$1,816

Median Rent

1976

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)

224

HPI Index (2000 = 100)

+124%

Total Change Since 2000

Home values in ZIP 55435 have increased 3.0% over the past year (2024). Since 2000, this ZIP has seen +124% cumulative appreciation.

Year Annual Change HPI Index
2020 +1.4% 176
2021 +6.6% 188
2022 +16.3% 218
2023 -0.5% 217
2024 +3.0% 224

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 1,312 business establishments in ZIP 55435, employing approximately 35,567 people with a combined annual payroll of $2,912,343,000.

1,312

Businesses

35,567

Employees

$2.9B

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Health care and social assistance 304 23.2%
Finance and insurance 222 16.9%
Professional, scientific, and technical services 180 13.7%
Retail trade 167 12.7%
Real estate and rental and leasing 98 7.5%
Other services (except public administration) 76 5.8%
Accommodation and food services 72 5.5%
Administrative and support and waste management and remediation services 50 3.8%
Wholesale trade 35 2.7%
Educational services 20 1.5%
Construction 18 1.4%
Information 17 1.3%
Arts, entertainment, and recreation 17 1.3%
Management of companies and enterprises 16 1.2%
Transportation and warehousing 10 0.8%
Manufacturing 8 0.6%

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 55435 vs 55424 →

ZIP 55435 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 55435 ranks #9 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 55435 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 55435 ranks #null 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
55424 Minneapolis, MN 9,685 2.2 mi
55439 Minneapolis, MN 8,750 2.0 mi
55410 Minneapolis, MN 19,340 2.8 mi
55423 Minneapolis, MN 35,375 2.6 mi
55437 Minneapolis, MN 17,484 3.4 mi
55436 Minneapolis, MN 13,138 2.8 mi
55431 Minneapolis, MN 18,435 3.5 mi
55419 Minneapolis, MN 26,406 3.2 mi
55416 Minneapolis, MN 29,027 5.2 mi
55438 Minneapolis, MN 16,249 4.0 mi

More ZIP Codes in Hennepin County

Frequently Asked Questions

What county is ZIP code 55435 in?
ZIP code 55435 (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 55435?
ZIP code 55435 in Minneapolis, MN has a population of 11,592 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 55435?
The median household income in ZIP 55435 is $79,884, which is 5% above the national average of $76,288.
What is the average home value in ZIP 55435?
The median home value in ZIP 55435 is $361,300, which is 30% above the national average of $278,155.
What is the demographic makeup of ZIP 55435?
The largest racial group in ZIP 55435 is White at 73.4%. Hispanic or Latino residents make up 6.1% of the population.
How many businesses are in ZIP code 55435?
ZIP code 55435 has 1,312 business establishments employing approximately 35,567 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 55435?
The top industries by establishment count in ZIP 55435 are: Health care and social assistance (304), Finance and insurance (222), Professional, scientific, and technical services (180). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 55435?
According to the FHFA House Price Index, home values in ZIP 55435 increased by 3.0% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 124%. 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 55435?
In ZIP code 55435, 74.6% of residents aged 25+ have a high school diploma or higher, and 62.6% 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 55435?
The mean commute time for workers in ZIP code 55435 is 24.9 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 55435?
In ZIP code 55435, approximately 47.6% of occupied housing units are owner-occupied and 52.4% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 55435?
The poverty rate in ZIP code 55435 is 10.0% 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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