ZIP Code Tabulation Area

55433

Minneapolis, MN · ACS 2020–2024

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Latest estimates

At a glance

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

Total population
34,463
Median household income
$78,054
People below poverty
10.8%
Median home value
$296,900

Income

The median income of households in 55433 was $78,054. An estimated 2.2% of households had income below $10,000 a year and 6.1% had income of $200,000 or more.

Household Income in 55433 in 2020-2024

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Percent
Less than $10,000 2.2
$10,000 to $14,999 3.7
$15,000 to $24,999 4.4
$25,000 to $34,999 6.7
$35,000 to $49,999 11.6
$50,000 to $74,999 19.2
$75,000 to $99,999 15.5
$100,000 to $149,999 20.8
$150,000 to $199,999 9.8
$200,000 or more 6.1

Median Earnings for Full-Time Year-Round Workers by Sex in 55433 in 2020-2024

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Dollars
Male 63951
Female 55869

An estimated 75.3% of households received earnings. An estimated 31.2% of households received Social Security and an estimated 28.3 % of households received retirement income other than Social Security. The average income from Social Security was $25,752. 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 55433 in 2020-2024

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Percent
Earnings 75.3
Social Security 31.2
Retirement income 28.3
Supplemental Security Income (SSI) 5.4
Cash public assistance income 5

Poverty and Participation in Government Programs

In 2020-2024, 10.8 % of people were in poverty. An estimated 18.3% of children under 18 were below the poverty level, compared with 8.2% of people 65 years old and over. An estimated 8.9% of people 18 to 64 years were below the poverty level.

Poverty Rates in 55433 in 2020-2024

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Percent
People in poverty 10.8
Children under 18 years below poverty 18.3
People 65 years old and over below poverty 8.2
People 18 to 64 years below poverty 8.9

In 2020-2024, 9.7 % of households received SNAP (the Supplemental Nutrition Assistance Program). An estimated 48.9% of households that received SNAP had children under 18, and 32.2% of households that received SNAP had one or more people 60 years and over. An estimated 44.1% of all households receiving SNAP were families with a female householder and no spouse present.


Among the civilian noninstitutionalized population in 55433 in 2020-2024, 93.7% had health insurance coverage and 6.3% did not have health insurance coverage. Private coverage was 68.5% and public coverage was 41.8%, respectively. The percentage of children under the age of 19 with no health insurance coverage was 5.1%.


In 2020-2024, 55433 had a total population of 34,463 - 17,916 (52%) females and 16,547 (48%) males. The median age was 37.9 years. An estimated 21.8% of the population was under 18 years, 35.2% was 19 to 44 years, 24.5% was 45 to 64 years, and 17.4 % was 65 years and older.

Population by Age and Sex for 55433 in 2020-2024

Male Female
Under 5 1088 1027
5 to 9 1057 1026
10 to 14 843 1052
15 to 19 877 972
20 to 24 1027 966
25 to 29 1547 1553
30 to 34 1277 1159
35 to 39 1525 1302
40 to 44 712 1032
45 to 49 1154 957
50 to 54 935 1026
55 to 59 1146 1220
60 to 64 1023 964
65 to 69 788 902
70 to 74 646 948
75 to 79 412 764
80 to 84 334 518
85 and over 156 528

Hispanic Origin and Race

For people reporting one race alone, 70.7% were White; 9.9% were Black or African American; 3.3% were American Indian and Alaska Native; 6.7% were Asian; 6.5% were Native Hawaiian and Other Pacific Islander, and 0% were Some Other Race. An estimated 9.6% reported Two or More Races. An estimated 5.8% of the people in 55433 were Hispanic or Latino. An estimated 69.4% of the people in 55433 were White alone, non-Hispanic. People of Hispanic origin may be of any race.


Households and Families

In 2020-2024, there were 14,267 households in 55433. The average household size was 2.4 people.

Married-couple households made up 36.8% of the households in 55433 while cohabiting couple households made up 13.7% of households. Female householders with no spouse or partner present were 30.6% of all households, while 18.8% of households had male householders with no spouse or partner present. Some households had one person, as 14.1% of households were male householders living alone, and 16.7% were female householders living alone, for a total of 30.8% of all households.

In 55433, 28.8% of all households had one or more people under the age of 18; 31.5% of all households had one or more people 65 years and over.

Types of Households in 55433 in 2020-2024

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Percent
Married-couple households 36.8
Cohabiting Couples 13.7
Male Householder
No spouse/partner present
18.8
Female Householder
No spouse/partner present
30.6

Marital Status

Among persons 15 and older, 41.4% of males and 38.4% of females were currently married.

Population 15 years and over Percent
Males
Percent
Females
Never married 43.4 32.5
Now married, except separated 41.4 38.4
Separated 0.5 3.8
Widowed 2.5 10.9
Divorced 12.1 14.4

Grandparents and Grandchildren

In 55433, 630 grandparents lived with their grandchildren under 18 years old. Of those grandparents, 31.3% were responsible for the basic needs of their grandchildren.


Nativity and Foreign-Born

In 2020-2024, an estimated 91.7% of the people living in 55433 were U.S. natives. 71% of the 55433 population were living in the state where they were born.

Approximately 8.3% of 55433 residents in 2020-2024 were foreign-born. 60.1% of foreign-born were naturalized U.S. citizens and an estimated 62.3 % entered the country before the year 2010.

Foreign-born residents of 55433 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 55433.

Region of Birth for the Foreign-Born Population in 55433 in 2020-2024

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Percent
Latin America 19.8
Asia 24.4
Europe 9.9
Africa 45.6
Northern America 0.3
Oceania 0

Language

Among people at least five years old living in 55433 in 2020-2024, 9.8 % spoke a language other than English at home. Spanish was spoken by 2.3% of people at least five years old; 4.5% 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 55433 in 2020-2024

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Percent
Spanish 2.3
Other Indo-European languages 1.9
Asian and Pacific Islander languages 3.2
Other languages 2.4

Geographic Mobility

In 2020-2024, 86 % of the people at least one year old living in 55433 were living in the same house one year earlier.

Geographic Mobility of Residents of 55433 in 2020-2024

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Percent
Same house 86
Different house, same county 5.4
Different county, same state 7.6
Different state 0.6
Abroad 0.4

Education

In 2020-2024, 93.2 % of people 25 years and over had at least graduated from high school and 23.4% had a bachelor's degree or higher. An estimated 6.8% did not complete high school.

The total school enrollment in 55433 was 7,408 in 2020-2024. Nursery school enrollment was 430 and kindergarten through 12th grade enrollment was 5,387. College or graduate school enrollment was 1,591.

Educational Attainment of People in 55433 in 2020-2024

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Percent
Less than high school diploma 6.8
High school diploma or equivalency 33.1
Some college, no degree 22.2
Associate's degree 14.5
Bachelor's degree 17.6
Graduate or professional degree 5.8

Disability

In 55433, among the civilian noninstitutionalized population in 2020-2024, 14.1 % reported a disability. The likelihood of having a disability varied by age - from 5.9% of people under 18 years old, to 11.5% of people 18 to 64 years old, and to 33.9% of those 65 and over.


Employment Status and Type of Employer

In 55433, 66.2 % of the population 16 and over were employed; 30.6% were not currently in the labor force.

An estimated 85.5% of the people employed were private wage and salary workers; 11.2% were federal, state, or local government workers; and 3.1 % were self-employed in their own (not incorporated) business.

Class of worker Number Percent
Private wage and salary workers 15,855 85.5
Federal, state, or local government workers 2,075 11.2
Self-employed workers in own not incorporated business 566 3.1

Industries

In 2020-2024, the civilian employed population 16 years and older in 55433 worked in the following industries:

Percent by Industry in 55433 in 2020-2024

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Percent
Agriculture, forestry, fishing and hunting, and mining 0.3
Construction 5.5
Manufacturing 15.9
Wholesale trade 2.9
Retail trade 11.5
Transportation and warehousing, and utilities 6.2
Information 1.1
Finance and insurance, and real estate and rental and leasing 7.1
Professional, scientific, and management, and administrative and waste management services 6.9
Educational services, and health care and social assistance 24.2
Arts, entertainment, and recreation, and accommodation, and food services 7.8
Other Services, except public administration 6.6
Public administration 4

Occupations

Occupations for the Civilian Employed Population 16 Years and over in 55433 in 2020-2024

Civilian employed population 16 years and over Number Percent
Management, business, sciences, and arts occupations 6,420 34.6
Service occupations 3,277 17.7
Sales and office occupations 4,015 21.7
Natural resources, construction, and maintenance occupations 1,664 9
Production, transportation, and material moving occupations 3,159 17

Commuting to Work

An estimated 76.6% of 55433 workers drove to work alone in 2020-2024, and 6.8% carpooled. Among those who commuted to work, it took them on average 23.4 minutes to get to work.

Percent of Workers 16 and over Commuting by Mode in 55433 in 2020-2024

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Percent
Car, truck, van -- drove alone 76.6
Car, truck, van -- carpooled 6.8
Public transportation (excluding taxicab) 1.6
Walked 1
Other means 1.6
Worked from home 12.4

In 2020-2024, 55433 had a total of 14,576 housing units. Of these housing units, 71.2% 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"). 26.4% of the housing units were located in multi-unit structures, or those buildings that contained two or more apartments. 2.5% were mobile homes, while any remaining housing units were classified as "other," which included boats, recreational vehicles, vans, etc.

Types of Housing Units in 55433 in 2020-2024

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Percent
Single-family houses 71.2
Apartments in multi-unit structures 26.4
Mobile homes 2.5
Boat, RV, van, etc 0

5.9% of the housing inventory was comprised of houses built since 2010, while 1.8% of the houses were first built in 1939 or earlier. The median number of rooms in all housing units in 55433 was 5.8 rooms, and of these housing units 57% had three or more bedrooms.


In 2020-2024, 55433 had 14,267 housing units that were occupied or had people living in them, while the remaining 309 were vacant. Of the occupied housing units, the percentage of these houses occupied by owners (also known as the homeownership rate) was 68% while renters occupied 32%. The average household size of owner-occupied houses was 2.59 and in renter-occupied houses it was 2.

4.4% of householders of these occupied houses had moved into their house since 2021, while 11.7% moved into their house in 1989 or earlier. Households without a vehicle available for personal use comprised 9.3% and another 19.1% had three or more vehicles available for use.

The following chart provides the primary fuel used to heat houses in 55433:

House Heating Fuel Used in 55433 in 2020-2024

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Percent
Gas 81.3
Electricity 16.5
Fuel oil, kerosene, etc 0
All other fuels 1.5
No fuel used 0.7

In 2020-2024, the median property value for owner-occupied houses in 55433 was $296,900.

Of the owner-occupied households, 67.6 % had a mortgage. 32.4% 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 $1,723 and for owners without a mortgage it was $650.

For renter-occupied houses, the median gross rent for 55433 was $1,433. 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.