Minneapolis, MN 55403 ZIP Code Profile

Related Place Profiles:
Minneapolis, MN
Advertisement

Camera Icon Photos of the local Minneapolis, MN area

ZIP Code 55403: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Minneapolis, MN 55403

  • ZIP Code Type: STANDARD
  • Businesses Addresses: 822
  • Single Family Addresses: 1,011
  • Multi-Family Addresses: 10,355
  • County: Hennepin County
  • Centroid: Latitude 44.972, Longitude -93.284
  • Time Zone: Central Time Zone (UTC -6 hours)
  • Observes DST: Yes

Neighborhood Data

Address Based Hyperlocal Data Input an address and get data & demographics for the pertinent census block group (CBG), a searchable map and a customized directory. The CBG is the smallest geographical unit used by the Census Bureau for reporting certain data.


Advertisement

55403 ZIP Code Map

Search the map for:
Advertisement

Minneapolis, MN 55403 Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 16,610
Daytime Population: Workers 27,454
Daytime Population: Residents 5,641
Total Daytime Population (TDP) 33,095
Ratio TDP/Total Population1 1.99
Population in Households 15,854
Population in Familes 4,621
Population in Group Qrtrs 756
Population Density2 11,708
Diversity Index3 49
 

INCOME

Median Household Income $48,356
Average Household Income $79,520
Per Capita Income $54,103

HOUSING

Total Housing Units 12,628 (100%)
Owner Occupied HU 2,214 (17.5%)
Renter Occupied HU 8,901 (70.5%)
Vacant Housing Units 1,513 (12.0%)
Median Home Value $307,420
Average Home Value $414,849
 

HOUSEHOLDS

Total Households 11,115
Average Household Size 1.43
Family Households 1,937
Average Family Size 2
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population 1.06% 0.99%
Households 0.99% 0.96%
Families 0.82% 0.84%
Median Household Income   4.17%
Per Capita Income   3.69%

Minneapolis, MN 55403 - Peer Comparisons by Rank and Percentile

The table below compares 55403 to the other 883 ZIP Codes in Minnesota by rank and percentile using July 1, 2017 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 120 87th
Population Density # 4 100th
Diversity Index # 74 92nd
Median Household Income # 693 22nd
Per Capita Income # 21 98th

Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.


Minnesota Research Tools

Minnesota Census Data Comparison Tool

Compare Minnesota Census Data
Data:
Locations:
Highest or Lowest:
Results: