Minneapolis, MN 55414 ZIP Code Profile

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Minneapolis, MN
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ZIP Code 55414: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Minneapolis, MN 55414

  • ZIP Code Type: STANDARD
  • County: Hennepin County
  • Centroid: Latitude 44.979, Longitude -93.226
  • Time Zone: Central Time Zone (UTC -6 hours)
  • Observes DST: Yes
  • Businesses Addresses: 995
  • PO Box Addresses: 303
  • Residential Addresses: 13,988
    • Multi-Family Addresses: 9,715
    • Single Family Addresses: 4,273

The ZIP Code maps and database are updated 4 times per year.
Database updated: August 1, 2018, Maps updated: August 1, 2018.

Jump to... (On This Page!)
  1. 55414 2018 Demographic Data
  2. Growth Rates for 55414 (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Minnesota Research Tools (Easy Tools & Current Data)
  3. Minnesota Data Comparison Tool - 2018 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2018, data includes home values, household income, percentage of homes owned, rented or vacant, etc.



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Minneapolis, MN 55414 Data & Demographics (As of July 1, 2018)

POPULATION

Total Population 30,310
Population in Households 28,343
Population in Familes 7,126
Population in Group Qrtrs 1,967
Population Density2 9,953
Diversity Index3 51
 

INCOME

Median Household Income $28,119
Average Household Income $54,437
Per Capita Income $22,331

HOUSING

Total Housing Units 12,577 (100%)
Owner Occupied HU 2,215 (17.6%)
Renter Occupied HU 9,834 (78.2%)
Vacant Housing Units 528 ( 4.2%)
Median Home Value $283,155
Average Home Value $329,887
 

HOUSEHOLDS

Total Households 12,049
Average Household Size 2.35
Family Households 2,656
Average Family Size 3
NOTES
  1. Demographics are point estimates for July 1st of the current year and each for the forecast years. See References for more information.
  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

2010-2018 2018-2023
Population 2.29% 2.45%
Households 2.18% 2.42%
Families 1.47% 2.25%
Median Household Income   2.73%
Per Capita Income   2.55%

Minneapolis, MN 55414 - Peer Comparisons by Rank and Percentile

The table below compares 55414 to the other 881 ZIP Codes in Minnesota by rank and percentile using July 1, 2018 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 # 47 95th
Population Density # 8 99th
Diversity Index # 69 92nd
Median Household Income # 870 1st
Per Capita Income # 840 5th

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


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