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Zip Code 55420 Map And Demographics

Home»Minnesota State»Hennepin County»Minneapolis»Zip Code 55420
  • Population
    21,343
  • Density
    3,287 / sqml.
  • Med. Home Value
    $194,500
  • Med. Rent
    $853

Zip Code Rankings

The table shows the top 5 positions of zip code 55420 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
#2,070 Top Zip Codes With The Most Business Establishments 851
#2,883 Top Zip Codes With The Highest Percentage Of People Who Use Public Transportation 4.55%
#2,964 Top Zip Codes With The Largest Population Density 3,287
#3,372 Top Zip Codes With The Highest Percentage Of People Who Ride Bicycles To Work 0.71%
#3,971 Top Zip Codes With The Lowest Percentage Of English Language Spoken 73%

Population breakdown by gender

Population in zip code 55420 is 21,343 residents | Male to Female ratio is 1:1.10 | Zip Code 55420 land area is 6.494 sq. miles | Population density is 3,286.57 residents per square mile

Median age

  Median Age
Zip Code Median Age 39.4
Median Age - Male 39.2
Median Age - Female 39.7

Median age of zip code 55420 is 0.5% higher compared to nearby zip codes and 5.9% higher compared to the United States median age. Comparing gender-specific madian age yields the following results. Male median age of zip code 55420 is 2.1% higher compared to nearby zip codes and 9.5% higher compared to the United States male median age. Female zip code 55420 median age is 0.8% higher in comparison to nearby zip codes and 3.1% higher compared to female national median age average.

Population breakdown by age

Racial makeup

Race Count
White population 15522
Black or African American population 2407
Asian population 1338
American Indian and Alaska Native population 51
Native Hawaiian and other Pacific Islander population 39
Other population 1360

Region of birth

Ancestry distribution

Ancestry Percent Ancestry Percent
Arab 0.1% Czech 2.6%
Danish 1.7% Dutch 1.6%
English 7% French No Basque 4.1%
French Canadian 1% German 32.7%
Greek 0.3% Hungarian 0.1%
Irish 10.7% Italian 2.2%
Lithuanian 0.1% Norwegian 17%
Polish 4.2% Portuguese 0%
Russian 0.5% Scotch-Irish 1.5%
Scottish 1.4% Slovak 0.2%
Subsaharan African 0.9% Swedish 11.7%
Swiss 0.5% Ukrainian 0.4%
USA 1.5% Welsh 0.6%
West Indian No Hispanic Groups 0.2% Other Ancestries 20.6%

Family type by presence of children under 18 by age

Family Type Distribution
Total families 5298
Married couples 70.57%
Other couples 29.43%

Family and household income distribution

  Family income (%) Household income (%)
$30,000 or less 20.35% 27.82%
$30,000 and $50,000 19.46% 23.03%
$50,000 and $100,000 42.56% 37.01%
$100,000 and $200,000 15.84% 10.97%
$200,000 or more 1.79% 1.17%

Households by size

Household language

Language Spoken Percent
English language 77.62%
Spanish language 10.8%
Other European language 1.93%
Asian language 5.85%
Other language 3.81%

Population by housing unit

Housing Unit Percent
Total Occupied housing units 8996
Detached housing units 64.42%
Attached housing units 3.9%
2 units 0.9%
3 - 4 units 0.27%
5 - 9 units 1.5%
10 - 19 units 6.43%
20 - 49 units 10.85%
50 or more units 10.27%
Mobile homes 1.47%
Boats, RVs, Vans 0%

Means of transportation to work

Means Percent
Use car, track or Van 89.65%
Use public transportation 4.55%
Use Motorcycle 0.32%
Use bicycle 0.71%
Walk to work 1.03%
Work at home 3.75%

School attendance

Attendance Percent
Attent Preschool programs 2.83%
Attend Public School 14.78%
Attend college undergraduate program 5%
Attent graduate studies 1.28%
Not enrolled in school 76.11%

Highest school attainment

Attainment Percent
Less then 9th grade 4.94%
Grade 9 to 12, no diploma 7.54%
High school diploma 31.32%
Some college, no degree 23.85%
Associate degree 10.2%
Bachelor's degree 21.58%
Graduate or professional degree 0.57%

Business Counts by Industry

Industry Type Count
Total of all sectors 851
Retail Trade 113
Professional, Scientific, and Technical Services 105
Other Services (except Public Administration) 86
Wholesale Trade 77
Construction 76
Accommodation and Food Services 60
Manufacturing 58
Administrative and Support and Waste Management and Remediation Services 55
Health Care and Social Assistance 53
Real Estate and Rental and Leasing 51
Finance and Insurance 50
Transportation and Warehousing 33
Information 12
Management of Companies and Enterprises 9
Educational Services 9
Arts, Entertainment, and Recreation 2
Agriculture, Forestry, Fishing and Hunting 1
Utilities 1

Real Estate

Metric Value
Housing occupied 94.32%
Housing vacant 5.68%
Housing occupied by owner 66.83%
Housing occupied by tenant 33.17%
Total Rented Units 2984
Median Contract Gross Rent $786
Median Gross Rent $853
Median Home Value $194,500

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 55420 median gross rent is 8.52% larger then the median contract rent.

Average estimated apartment rent

Apartment Type Average Rent
Studio $590
1 Bedroom $700
2 Bedrooms $850
3 Bedrooms $1,110
4 Bedrooms $1,250
AVERAGE RENT $900

Average rent in zip code 55420 ($900.00) is 8.3% lower compared to nearby zip codes and 3.8% lower compared to the average rent in the US. The following illustrates how zip code 55420 rent compares to the nearby zip code rents by unit type: studio apartment rent is 9% lower, one bedroom apartment rent is 8.4% lower, two bedroom rent is 8.1% lower, three bedroom rent is 8.3% lower, four bedroom rent is 8.2% lower.

Housing units

Housing Unit Percent
Total housing units 9538
Detached housing units 63.95%
Attached housing units 3.68%
2 units 0.85%
3 - 4 units 0.73%
5 - 9 units 1.42%
10 - 19 units 6.06%
20 - 49 units 11.66%
50 or more units 10.26%
Mobile homes 1.38%
Boats, RVs, Vans 0%

Real Estate taxes paid

Tax Amount
Total Real Estate Taxes $13,449,800
Real estate taxes paid for units with a mortgage $8,851,400
Real estate taxes paid for units with no mortgage $4,598,400

Nearby Zip Code Income Per Capita Comparison

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