ZIP Code 55418 has segments in 2 Counties (Hennepin, Ramsey).
The ZIP Code maps and database are updated 4 times per year.
Database updated: April 1, 2025, Maps updated: May 1, 2024.
POPULATION | |
---|---|
Total Population | 32,046 (100%) |
Population in Households | 31,651 (98.8%) |
Population in Families | 21,181 (66.1%) |
Population in Group Quarters1 | 395 ( 1.2%) |
Population Density | 5,088 |
Diversity Index2 | 58 |
INCOME | |
Median Household Income | $87,824 |
Average Household Income | $116,899 |
% of Income for Mortgage4 | 26% |
Per Capita Income | $51,112 |
Wealth Index5 | 93 |
Socioeconomic Status Index6 | Moderate (53.1) |
HOUSING | |
---|---|
Total HU (Housing Units) | 14,542 (100%) |
Owner Occupied HU | 8,709 (59.9%) |
Renter Occupied HU | 5,296 (36.4%) |
Vacant Housing Units | 537 ( 3.7%) |
Median Home Value | $364,293 |
Average Home Value | $420,120 |
Housing Affordability Index3 | 91 |
HOUSEHOLDS | |
Total Households | 14,005 |
Average Household Size | 2.26 |
Family Households | 7,118 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2024 | 2024-2029 |
---|---|---|
Population | -0.02% | 0.00% |
Households | 0.11% | 0.26% |
Families | 0.21% | |
Median Household Income | 3.09% | |
Per Capita Income | 3.20% | |
Owner Occupied HU | 0.23% |
The table below compares 55418 to the other 882 ZIP Codes in Minnesota by rank and percentile using July 1, 2024 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 | # 44 | 95th |
Population Density | # 31 | 97th |
Median Household Income | # 263 | 70th |
Housing Affordability Index | # 255 | 29th |
Per Capita Income | # 132 | 85th |
Diversity Index | # 69 | 92nd |
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.