ZIP Code Tabulation Area

55406

Minneapolis, MN · ACS 2020–2024

Download data

Latest estimates

At a glance

U.S. Census Bureau American Community Survey 5-year estimates.

Total population
36,581
Median household income
$93,910
People below poverty
9.5%
Median home value
$354,100

Income

The median income of households in 55406 was $93,910. An estimated 4.2% of households had income below $10,000 a year and 14.4% had income of $200,000 or more.

Household Income in 55406 in 2020-2024

View Data Table ↓

Percent
Less than $10,000 4.2
$10,000 to $14,999 3.6
$15,000 to $24,999 4.7
$25,000 to $34,999 6.2
$35,000 to $49,999 6.4
$50,000 to $74,999 13
$75,000 to $99,999 14.5
$100,000 to $149,999 21
$150,000 to $199,999 12.1
$200,000 or more 14.4

Median Earnings for Full-Time Year-Round Workers by Sex in 55406 in 2020-2024

View Data Table ↓

Dollars
Male 84403
Female 67270

An estimated 80.1% of households received earnings. An estimated 26% of households received Social Security and an estimated 21 % of households received retirement income other than Social Security. The average income from Social Security was $23,792. These income sources are not mutually exclusive; that is, some households received income from more than one source.

Proportion of Households with Various Income Sources in 55406 in 2020-2024

View Data Table ↓

Percent
Earnings 80.1
Social Security 26
Retirement income 21
Supplemental Security Income (SSI) 5.3
Cash public assistance income 5.9

Poverty and Participation in Government Programs

In 2020-2024, 9.5 % of people were in poverty. An estimated 11.6% of children under 18 were below the poverty level, compared with 12.2% of people 65 years old and over. An estimated 8.3% of people 18 to 64 years were below the poverty level.

Poverty Rates in 55406 in 2020-2024

View Data Table ↓

Percent
People in poverty 9.5
Children under 18 years below poverty 11.6
People 65 years old and over below poverty 12.2
People 18 to 64 years below poverty 8.3

In 2020-2024, 10.4 % of households received SNAP (the Supplemental Nutrition Assistance Program). An estimated 32.5% of households that received SNAP had children under 18, and 49.3% of households that received SNAP had one or more people 60 years and over. An estimated 25% of all households receiving SNAP were families with a female householder and no spouse present.


Among the civilian noninstitutionalized population in 55406 in 2020-2024, 95.5% had health insurance coverage and 4.5% did not have health insurance coverage. Private coverage was 74.7% and public coverage was 31.7%, respectively. The percentage of children under the age of 19 with no health insurance coverage was 2%.


In 2020-2024, 55406 had a total population of 36,581 - 18,926 (51.7%) females and 17,655 (48.3%) males. The median age was 39.8 years. An estimated 18.6% of the population was under 18 years, 38.6% was 19 to 44 years, 25.2% was 45 to 64 years, and 15.7 % was 65 years and older.

Population by Age and Sex for 55406 in 2020-2024

Male Female
Under 5 1019 1049
5 to 9 1083 964
10 to 14 857 715
15 to 19 841 940
20 to 24 451 711
25 to 29 1350 1573
30 to 34 1513 1944
35 to 39 1823 1608
40 to 44 1634 1525
45 to 49 998 967
50 to 54 1131 1163
55 to 59 1346 1053
60 to 64 1205 1370
65 to 69 870 1109
70 to 74 685 930
75 to 79 337 537
80 to 84 363 211
85 and over 149 557

Hispanic Origin and Race

For people reporting one race alone, 69.5% were White; 13.9% were Black or African American; 3.4% were American Indian and Alaska Native; 2.7% were Asian; 3% were Native Hawaiian and Other Pacific Islander, and 0% were Some Other Race. An estimated 11% reported Two or More Races. An estimated 7.1% of the people in 55406 were Hispanic or Latino. An estimated 67.9% of the people in 55406 were White alone, non-Hispanic. People of Hispanic origin may be of any race.


Households and Families

In 2020-2024, there were 16,999 households in 55406. The average household size was 2.14 people.

Married-couple households made up 39.5% of the households in 55406 while cohabiting couple households made up 10% of households. Female householders with no spouse or partner present were 31.1% of all households, while 19.4% of households had male householders with no spouse or partner present. Some households had one person, as 16% of households were male householders living alone, and 21.9% were female householders living alone, for a total of 37.9% of all households.

In 55406, 21.4% of all households had one or more people under the age of 18; 27% of all households had one or more people 65 years and over.

Types of Households in 55406 in 2020-2024

View Data Table ↓

Percent
Married-couple households 39.5
Cohabiting Couples 10
Male Householder
No spouse/partner present
19.4
Female Householder
No spouse/partner present
31.1

Marital Status

Among persons 15 and older, 48.4% of males and 43.6% of females were currently married.

Population 15 years and over Percent
Males
Percent
Females
Never married 39.7 37.7
Now married, except separated 48.4 43.6
Separated 1 1.1
Widowed 2.9 7.6
Divorced 8.1 10.1

Grandparents and Grandchildren

In 55406, 285 grandparents lived with their grandchildren under 18 years old. Of those grandparents, 25.3% were responsible for the basic needs of their grandchildren.


Nativity and Foreign-Born

In 2020-2024, an estimated 88.1% of the people living in 55406 were U.S. natives. 53.4% of the 55406 population were living in the state where they were born.

Approximately 11.9% of 55406 residents in 2020-2024 were foreign-born. 68.6% of foreign-born were naturalized U.S. citizens and an estimated 70 % entered the country before the year 2010.

Foreign-born residents of 55406 come from different parts of the world. The bar graph below displays the percentage of foreign-born from each world region of birth in 2020-2024 for 55406.

Region of Birth for the Foreign-Born Population in 55406 in 2020-2024

View Data Table ↓

Percent
Latin America 25
Asia 14
Europe 5.6
Africa 54.1
Northern America 1.3
Oceania 0

Language

Among people at least five years old living in 55406 in 2020-2024, 15.8 % spoke a language other than English at home. Spanish was spoken by 4.8% of people at least five years old; 6.8% reported that they did not speak English "very well."

Percentage of the Population 5 years and over who Speak a Language other than English in 55406 in 2020-2024

View Data Table ↓

Percent
Spanish 4.8
Other Indo-European languages 1.6
Asian and Pacific Islander languages 1.8
Other languages 7.7

Geographic Mobility

In 2020-2024, 87.8 % of the people at least one year old living in 55406 were living in the same house one year earlier.

Geographic Mobility of Residents of 55406 in 2020-2024

View Data Table ↓

Percent
Same house 87.8
Different house, same county 7.9
Different county, same state 1.9
Different state 2
Abroad 0.5

Education

In 2020-2024, 91.7 % of people 25 years and over had at least graduated from high school and 57.3% had a bachelor's degree or higher. An estimated 8.2% did not complete high school.

The total school enrollment in 55406 was 7,255 in 2020-2024. Nursery school enrollment was 633 and kindergarten through 12th grade enrollment was 4,781. College or graduate school enrollment was 1,841.

Educational Attainment of People in 55406 in 2020-2024

View Data Table ↓

Percent
Less than high school diploma 8.2
High school diploma or equivalency 12.2
Some college, no degree 15.4
Associate's degree 6.9
Bachelor's degree 32.6
Graduate or professional degree 24.7

Disability

In 55406, among the civilian noninstitutionalized population in 2020-2024, 11.9 % reported a disability. The likelihood of having a disability varied by age - from 1.8% of people under 18 years old, to 10.5% of people 18 to 64 years old, and to 29.6% of those 65 and over.


Employment Status and Type of Employer

In 55406, 67.9 % of the population 16 and over were employed; 27.9% were not currently in the labor force.

An estimated 76.9% of the people employed were private wage and salary workers; 17% were federal, state, or local government workers; and 5.9 % were self-employed in their own (not incorporated) business.

Class of worker Number Percent
Private wage and salary workers 15,987 76.9
Federal, state, or local government workers 3,541 17
Self-employed workers in own not incorporated business 1,220 5.9

Industries

In 2020-2024, the civilian employed population 16 years and older in 55406 worked in the following industries:

Percent by Industry in 55406 in 2020-2024

View Data Table ↓

Percent
Agriculture, forestry, fishing and hunting, and mining 0.5
Construction 3.9
Manufacturing 7.8
Wholesale trade 1.8
Retail trade 9.6
Transportation and warehousing, and utilities 3.7
Information 2.3
Finance and insurance, and real estate and rental and leasing 6.6
Professional, scientific, and management, and administrative and waste management services 15
Educational services, and health care and social assistance 30.1
Arts, entertainment, and recreation, and accommodation, and food services 7.7
Other Services, except public administration 5.8
Public administration 5.1

Occupations

Occupations for the Civilian Employed Population 16 Years and over in 55406 in 2020-2024

Civilian employed population 16 years and over Number Percent
Management, business, sciences, and arts occupations 12,407 59.7
Service occupations 2,482 11.9
Sales and office occupations 3,326 16
Natural resources, construction, and maintenance occupations 783 3.8
Production, transportation, and material moving occupations 1,795 8.6

Commuting to Work

An estimated 52% of 55406 workers drove to work alone in 2020-2024, and 5% carpooled. Among those who commuted to work, it took them on average 21.7 minutes to get to work.

Percent of Workers 16 and over Commuting by Mode in 55406 in 2020-2024

View Data Table ↓

Percent
Car, truck, van -- drove alone 52
Car, truck, van -- carpooled 5
Public transportation (excluding taxicab) 6.5
Walked 2.5
Other means 4.6
Worked from home 29.4

In 2020-2024, 55406 had a total of 17,939 housing units. Of these housing units, 64.6% were single-family houses either not attached to any other structure or attached to one or more structures (commonly referred to as "townhouses" or "row houses"). 35.3% of the housing units were located in multi-unit structures, or those buildings that contained two or more apartments. 0.2% were mobile homes, while any remaining housing units were classified as "other," which included boats, recreational vehicles, vans, etc.

Types of Housing Units in 55406 in 2020-2024

View Data Table ↓

Percent
Single-family houses 64.6
Apartments in multi-unit structures 35.3
Mobile homes 0.2
Boat, RV, van, etc 0

7.6% of the housing inventory was comprised of houses built since 2010, while 57.2% of the houses were first built in 1939 or earlier. The median number of rooms in all housing units in 55406 was 5.5 rooms, and of these housing units 45% had three or more bedrooms.


In 2020-2024, 55406 had 16,999 housing units that were occupied or had people living in them, while the remaining 940 were vacant. Of the occupied housing units, the percentage of these houses occupied by owners (also known as the homeownership rate) was 66% while renters occupied 34%. The average household size of owner-occupied houses was 2.27 and in renter-occupied houses it was 1.9.

4% of householders of these occupied houses had moved into their house since 2021, while 11.3% moved into their house in 1989 or earlier. Households without a vehicle available for personal use comprised 12.8% and another 10.2% had three or more vehicles available for use.

The following chart provides the primary fuel used to heat houses in 55406:

House Heating Fuel Used in 55406 in 2020-2024

View Data Table ↓

Percent
Gas 80.6
Electricity 18.1
Fuel oil, kerosene, etc 0.1
All other fuels 0.7
No fuel used 0.6

In 2020-2024, the median property value for owner-occupied houses in 55406 was $354,100.

Of the owner-occupied households, 69.3 % had a mortgage. 30.7% owned their houses "free and clear," that is without a primary mortgage or loan on the house. The median monthly housing costs for owners with a mortgage was $1,972 and for owners without a mortgage it was $756.

For renter-occupied houses, the median gross rent for 55406 was $1,281. Gross rent includes the monthly contract rent and any monthly payments made for electricity, gas, water and sewer, and any other fuels to heat the house.