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Zip Code 55414 Map And Demographics

Home»Minnesota State»Hennepin County»Minneapolis»Zip Code 55414
  • Population
    27,104
  • Density
    8,022 / sqml.
  • Med. Home Value
    $261,800
  • Med. Rent
    $834

Zip Code Rankings

The table shows the top 5 positions of zip code 55414 on our zip code ranking charts. For example, a rank of 10 means that a zip code ranks #10 on the list of the top zip codes in America for a particular value. The lists were created for all zip codes in America with the population of 1000 residents or higher.

Rank Report Value
#42 Top Zip Codes With The Highest Percentage Of College Graduates 11.45%
#61 Top Zip Codes With The Highest Percentage Of College Undergrads 52.64%
#89 Top Zip Codes With The Lowest Number Of Families-to-population Percentage 8.90%
#108 Top Zip Codes With The Highest Percentage Of People Who Ride Bicycles To Work 6.75%
#240 Top Zip Codes With The Highest Percentage Of People Who Walk To Work 22.80%

Population breakdown by gender

Population in zip code 55414 is 27,104 residents | Male to Female ratio is 1:0.90 | Zip Code 55414 land area is 3.3789 sq. miles | Population density is 8,021.55 residents per square mile

Median age

  Median Age
Zip Code Median Age 22.2
Median Age - Male 22.5
Median Age - Female 21.9

Median age of zip code 55414 is 32.1% lower compared to nearby zip codes and 40.3% lower compared to the United States median age. Comparing gender-specific madian age yields the following results. Male median age of zip code 55414 is 33% lower compared to nearby zip codes and 37.2% lower compared to the United States male median age. Female zip code 55414 median age is 30.9% lower in comparison to nearby zip codes and 43.1% lower compared to female national median age average.

Population breakdown by age

Racial makeup

Race Count
White population 20457
Black or African American population 1727
Asian population 3740
American Indian and Alaska Native population 67
Native Hawaiian and other Pacific Islander population 0
Other population 341

Region of birth

Ancestry distribution

Ancestry Percent Ancestry Percent
Arab 1.4% Czech 1.5%
Danish 1.3% Dutch 1.8%
English 6% French No Basque 3.9%
French Canadian 0.8% German 27.7%
Greek 0.4% Hungarian 0.4%
Irish 11.1% Italian 3.1%
Lithuanian 0.2% Norwegian 12.2%
Polish 4.8% Portuguese 0.3%
Russian 1.3% Scotch-Irish 1%
Scottish 1.5% Slovak 0.2%
Subsaharan African 2.5% Swedish 8%
Swiss 0.5% Ukrainian 0.5%
USA 0.8% Welsh 0.6%
West Indian No Hispanic Groups 0.2% Other Ancestries 29.8%

Family type by presence of children under 18 by age

Family Type Distribution
Total families 2411
Married couples 70.8%
Other couples 29.2%

Family and household income distribution

  Family income (%) Household income (%)
$30,000 or less 35.17% 50.76%
$30,000 and $50,000 16.3% 16.8%
$50,000 and $100,000 21.57% 20.25%
$100,000 and $200,000 17.71% 9.22%
$200,000 or more 9.25% 2.97%

Households by size

Household language

Language Spoken Percent
English language 80.32%
Spanish language 2.92%
Other European language 4.13%
Asian language 9.8%
Other language 2.83%

Population by housing unit

Housing Unit Percent
Total Occupied housing units 9654
Detached housing units 20.37%
Attached housing units 7.45%
2 units 8.26%
3 - 4 units 4.97%
5 - 9 units 5.96%
10 - 19 units 16.56%
20 - 49 units 16.02%
50 or more units 20.41%
Mobile homes 0%
Boats, RVs, Vans 0%

Means of transportation to work

Means Percent
Use car, track or Van 48.48%
Use public transportation 17.56%
Use Motorcycle 0.18%
Use bicycle 6.75%
Walk to work 22.8%
Work at home 4.23%

School attendance

Attendance Percent
Attent Preschool programs 0.42%
Attend Public School 3.8%
Attend college undergraduate program 52.64%
Attent graduate studies 11.45%
Not enrolled in school 31.7%

Highest school attainment

Attainment Percent
Less then 9th grade 2.67%
Grade 9 to 12, no diploma 3.85%
High school diploma 10.4%
Some college, no degree 26.07%
Associate degree 6.46%
Bachelor's degree 42.23%
Graduate or professional degree 8.32%

Business Counts by Industry

Industry Type Count
Total of all sectors 801
Accommodation and Food Services 125
Other Services (except Public Administration) 117
Professional, Scientific, and Technical Services 105
Retail Trade 70
Wholesale Trade 66
Health Care and Social Assistance 63
Manufacturing 59
Real Estate and Rental and Leasing 48
Administrative and Support and Waste Management and Remediation Services 31
Finance and Insurance 29
Information 22
Transportation and Warehousing 15
Construction 15
Educational Services 15
Arts, Entertainment, and Recreation 13
Management of Companies and Enterprises 6
Utilities 1
Industries not classified 1

Real Estate

Metric Value
Housing occupied 92.66%
Housing vacant 7.34%
Housing occupied by owner 21.38%
Housing occupied by tenant 78.62%
Total Rented Units 7590
Median Contract Gross Rent $787
Median Gross Rent $834
Median Home Value $261,800

Contract rent is the monthly cash rent agreed to, regardless of any furnishings, utilities, fees, meals, or services that may be included. Gross rent is the contract rent plus the estimated average monthly cost of utilities and fuels if these are paid by the renter. In zip code 55414 median gross rent is 5.97% larger then the median contract rent.

Average estimated apartment rent

Apartment Type Average Rent
Studio $620
1 Bedroom $730
2 Bedrooms $890
3 Bedrooms $1,170
4 Bedrooms $1,310
AVERAGE RENT $944

Average rent in zip code 55414 ($944.00) is 2.4% lower compared to nearby zip codes and 0.9% higher compared to the average rent in the US. The following illustrates how zip code 55414 rent compares to the nearby zip code rents by unit type: studio apartment rent is 2.8% lower, one bedroom apartment rent is 3.1% lower, two bedroom rent is 2.4% lower, three bedroom rent is 1.9% lower, four bedroom rent is 2.3% lower.

Housing units

Housing Unit Percent
Total housing units 10419
Detached housing units 19.05%
Attached housing units 7.59%
2 units 8.54%
3 - 4 units 5.23%
5 - 9 units 7.21%
10 - 19 units 15.73%
20 - 49 units 15.93%
50 or more units 20.71%
Mobile homes 0%
Boats, RVs, Vans 0%

Real Estate taxes paid

Tax Amount
Total Real Estate Taxes $8,507,500
Real estate taxes paid for units with a mortgage $5,315,900
Real estate taxes paid for units with no mortgage $3,191,600

Nearby Zip Code Income Per Capita Comparison

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