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Zip Code 55418 Map And Demographics

Home»Minnesota State»Hennepin County»Minneapolis»Zip Code 55418
  • Population
    29,981
  • Density
    4,424 / sqml.
  • Med. Home Value
    $198,200
  • Med. Rent
    $829

Zip Code Rankings

The table shows the top 5 positions of zip code 55418 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
#512 Top Zip Codes With The Highest Percentage Of People Who Ride Bicycles To Work 2.97%
#1,208 Top Zip Codes With The Highest Percentage Of People Who Use Public Transportation 10.81%
#1,666 Top Zip Codes With The Highest Percentage Of College Graduates 2.40%
#1,694 Top Zip Codes With The Highest Number Of Owner-occupied Housing Units 9067
#2,089 Top Zip Codes With The Largest Population Density 4,424

Population breakdown by gender

Population in zip code 55418 is 29,981 residents | Male to Female ratio is 1:1.00 | Zip Code 55418 land area is 6.7773 sq. miles | Population density is 4,423.74 residents per square mile

Median age

  Median Age
Zip Code Median Age 36.5
Median Age - Male 35.7
Median Age - Female 37.6

Median age of zip code 55418 is 24.1% higher compared to nearby zip codes and 1.9% lower compared to the United States median age. Comparing gender-specific madian age yields the following results. Male median age of zip code 55418 is 20.2% higher compared to nearby zip codes and 0.3% lower compared to the United States male median age. Female zip code 55418 median age is 29.7% higher in comparison to nearby zip codes and 2.3% lower compared to female national median age average.

Population breakdown by age

Racial makeup

Race Count
White population 25075
Black or African American population 1927
Asian population 1012
American Indian and Alaska Native population 279
Native Hawaiian and other Pacific Islander population 0
Other population 786

Region of birth

Ancestry distribution

Ancestry Percent Ancestry Percent
Arab 1.2% Czech 2%
Danish 1.6% Dutch 1.5%
English 6% French No Basque 4.8%
French Canadian 1.5% German 26.3%
Greek 0.3% Hungarian 0.4%
Irish 10.7% Italian 3.4%
Lithuanian 0.2% Norwegian 13.7%
Polish 10.5% Portuguese 0%
Russian 1.3% Scotch-Irish 0.9%
Scottish 1.6% Slovak 0.6%
Subsaharan African 1.1% Swedish 11.2%
Swiss 0.5% Ukrainian 1.1%
USA 2.2% Welsh 0.6%
West Indian No Hispanic Groups 0.1% Other Ancestries 22.1%

Family type by presence of children under 18 by age

Family Type Distribution
Total families 6861
Married couples 73.31%
Other couples 26.69%

Family and household income distribution

  Family income (%) Household income (%)
$30,000 or less 17.23% 27.77%
$30,000 and $50,000 15.27% 18.37%
$50,000 and $100,000 34.76% 32.67%
$100,000 and $200,000 27.62% 17.9%
$200,000 or more 5.12% 3.3%

Households by size

Household language

Language Spoken Percent
English language 85.61%
Spanish language 6.33%
Other European language 2.93%
Asian language 2.2%
Other language 2.92%

Population by housing unit

Housing Unit Percent
Total Occupied housing units 13394
Detached housing units 66.16%
Attached housing units 3.37%
2 units 10.94%
3 - 4 units 1.67%
5 - 9 units 1.19%
10 - 19 units 4.09%
20 - 49 units 4.11%
50 or more units 7.76%
Mobile homes 0.72%
Boats, RVs, Vans 0%

Means of transportation to work

Means Percent
Use car, track or Van 79.81%
Use public transportation 10.81%
Use Motorcycle 0.37%
Use bicycle 2.97%
Walk to work 2.42%
Work at home 3.62%

School attendance

Attendance Percent
Attent Preschool programs 3.02%
Attend Public School 10.6%
Attend college undergraduate program 5.32%
Attent graduate studies 2.4%
Not enrolled in school 78.65%

Highest school attainment

Attainment Percent
Less then 9th grade 5.27%
Grade 9 to 12, no diploma 7.01%
High school diploma 21.62%
Some college, no degree 24.62%
Associate degree 9.86%
Bachelor's degree 28.66%
Graduate or professional degree 2.97%

Business Counts by Industry

Industry Type Count
Total of all sectors 665
Professional, Scientific, and Technical Services 105
Other Services (except Public Administration) 81
Retail Trade 66
Construction 59
Health Care and Social Assistance 56
Manufacturing 52
Wholesale Trade 48
Accommodation and Food Services 37
Administrative and Support and Waste Management and Remediation Services 34
Real Estate and Rental and Leasing 33
Transportation and Warehousing 28
Finance and Insurance 20
Information 18
Arts, Entertainment, and Recreation 12
Educational Services 8
Management of Companies and Enterprises 5
Utilities 2
Industries not classified 1

Real Estate

Metric Value
Housing occupied 93.9%
Housing vacant 6.1%
Housing occupied by owner 67.69%
Housing occupied by tenant 32.31%
Total Rented Units 4327
Median Contract Gross Rent $770
Median Gross Rent $829
Median Home Value $198,200

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 55418 median gross rent is 7.66% larger then the median contract rent.

Average estimated apartment rent

Apartment Type Average Rent
Studio $610
1 Bedroom $720
2 Bedrooms $870
3 Bedrooms $1,140
4 Bedrooms $1,280
AVERAGE RENT $924

Average rent in zip code 55418 ($924.00) is 3.4% lower compared to nearby zip codes and 1.2% lower compared to the average rent in the US. The following illustrates how zip code 55418 rent compares to the nearby zip code rents by unit type: studio apartment rent is 3.3% lower, one bedroom apartment rent is 3.2% lower, two bedroom rent is 3.5% lower, three bedroom rent is 3.4% lower, four bedroom rent is 3.4% lower.

Housing units

Housing Unit Percent
Total housing units 14264
Detached housing units 65.23%
Attached housing units 3.62%
2 units 11.84%
3 - 4 units 1.57%
5 - 9 units 1.11%
10 - 19 units 4.17%
20 - 49 units 4.31%
50 or more units 7.47%
Mobile homes 0.67%
Boats, RVs, Vans 0%

Real Estate taxes paid

Tax Amount
Total Real Estate Taxes $25,267,400
Real estate taxes paid for units with a mortgage $19,536,500
Real estate taxes paid for units with no mortgage $5,731,000

Nearby Zip Code Income Per Capita Comparison

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