Minneapolis, MN · standard
ZIP Code 55447
Hennepin County, Minnesota — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 21,187
- 927/sq mi
- $133,555
- Median income
- $471,000
- Median home value
- 61.8%
- Bachelor's or higher
The verdict
Minneapolis pairs a top-decile household income with upper-quartile home values, in a low-density, homeowner-dominated area.
- Top 6%
- household income, US ZIPs
- Top 15%
- home value, US ZIPs
- 927
- people per sq mi
- 77%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 55447 against every reporting US ZIP.
ZIP code 55447 is classified by USPS as a standard delivery area and covers roughly 22.8 square miles in Minneapolis, Hennepin County, Minnesota. The area is home to 21,187 residents, producing a population density of 927 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 55447 against Minnesota and the nation.
On the economic side, the median household income for ZIP 55447 sits at $133,555 (63% above the Minnesota average), while per-capita income is $67,240. The poverty rate stands at 4.5% and the unemployment rate at 2.3%. On housing, the median home value is $471,000 (84% above the state average) with median rent at $1,711 per month, and 77.0% of occupied units are owner-occupied, a direct signal of whether 55447 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 61.8% of adults hold a bachelor's degree or higher, the median age is 40.8, 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 55447 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 55447
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 55447.
- Professional, scientific, and technical services
Professional, scientific, and technical services
150 establishments
- Health care and social assistance
Health care and social assistance
103 establishments
- Finance and insurance
Finance and insurance
90 establishments
- Wholesale trade
Wholesale trade
77 establishments
- Manufacturing
Manufacturing
75 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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 55447, 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
21,187
Population
22.8
Area (sq mi)
927
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 55447?
40.8
Median Age
47.2%
Male
52.8%
Female
8.7%
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?
$133,555
Median Household Income
+63% vs state
$67,240
Per Capita Income
4.5%
Poverty Rate
2.3%
Unemployment Rate
20.8 min
Mean Commute Time
How ZIP 55447 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$133,555 Top 6% higher than 94% of 30,318 US ZIPs
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?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
8,809
Total Housing Units
8,485
Occupied Units
324
Vacant Units
2.44
Avg Household Size
Occupancy Type
$471,000
Median Home Value
+84% vs state
$1,711
Median Rent
1978
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
+2.9%
YoY Change (2024)
227
HPI Index (2000 = 100)
+127%
Total Change Since 2000
Home values in ZIP 55447 have increased 2.9% over the past year (2024). Since 2000, this ZIP has seen +127% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +1.7% | 172 |
| 2021 | +8.9% | 187 |
| 2022 | +14.4% | 214 |
| 2023 | +3.1% | 221 |
| 2024 | +2.9% | 227 |
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 883 business establishments in ZIP 55447, employing approximately 18,615 people with a combined annual payroll of $1,642,841,000.
883
Businesses
18,615
Employees
$1.6B
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Professional, scientific, and technical services | 150 | 17.0% |
| Health care and social assistance | 103 | 11.7% |
| Finance and insurance | 90 | 10.2% |
| Wholesale trade | 77 | 8.7% |
| Manufacturing | 75 | 8.5% |
| Construction | 73 | 8.3% |
| Accommodation and food services | 57 | 6.5% |
| Other services (except public administration) | 54 | 6.1% |
| Retail trade | 53 | 6.0% |
| Administrative and support and waste management and remediation services | 49 | 5.5% |
| Real estate and rental and leasing | 37 | 4.2% |
| Educational services | 20 | 2.3% |
| Information | 14 | 1.6% |
| Transportation and warehousing | 12 | 1.4% |
| Arts, entertainment, and recreation | 11 | 1.3% |
| Management of companies and enterprises | 8 | 0.9% |
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 55447 vs 55446 →
ZIP 55447 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 55311
Maple Grove (55311)
32,788 residents
- 55427
Minneapolis (55427)
22,919 residents
- 55447
Minneapolis (55447)
21,187 residents
- 55345
Minnetonka (55345)
21,147 residents
- 55305
Hopkins (55305)
19,368 residents
- 55446
Minneapolis (55446)
18,695 residents
- 55441
Minneapolis (55441)
17,848 residents
- 55346
Eden Prairie (55346)
16,776 residents
- 55391
Wayzata (55391)
14,486 residents
What this shows Among its immediate neighbors, ZIP 55447 ranks #3 by population — useful context the national average alone can't give.
ZIP 55447 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 55391
Wayzata (55391)
$174,301 median income
- 55446
Minneapolis (55446)
$170,625 median income
- 55356
Long Lake (55356)
$156,622 median income
- 55311
Maple Grove (55311)
$153,568 median income
- 55345
Minnetonka (55345)
$145,332 median income
- 55346
Eden Prairie (55346)
$135,000 median income
- 55447
Minneapolis (55447)
$133,555 median income
- 55442
Minneapolis (55442)
$123,859 median income
- 55305
Hopkins (55305)
$104,914 median income
What this shows By household income, ZIP 55447 ranks #7 of 9 neighboring ZIPs — local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 55446 | Minneapolis, MN | 18,695 | 3.0 mi |
| 55441 | Minneapolis, MN | 17,848 | 3.0 mi |
| 55345 | Minnetonka, MN | 21,147 | 5.9 mi |
| 55391 | Wayzata, MN | 14,486 | 3.9 mi |
| 55305 | Hopkins, MN | 19,368 | 4.2 mi |
| 55356 | Long Lake, MN | 5,311 | 4.9 mi |
| 55311 | Maple Grove, MN | 32,788 | 7.2 mi |
| 55442 | Minneapolis, MN | 13,217 | 4.5 mi |
| 55427 | Minneapolis, MN | 22,919 | 5.3 mi |
| 55346 | Eden Prairie, MN | 16,776 | 8.5 mi |
More ZIP Codes in Hennepin County
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Frequently Asked Questions
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What is the population of ZIP code 55447? ▼
What is the median household income in ZIP 55447? ▼
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How many businesses are in ZIP code 55447? ▼
What are the main industries in ZIP code 55447? ▼
How have home values changed in ZIP code 55447? ▼
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What is the average commute time in ZIP 55447? ▼
What percentage of residents own vs. rent in ZIP 55447? ▼
What is the poverty rate in ZIP code 55447? ▼
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Official Data Resources for Minneapolis, MN
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