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Zip Code 55429 Map And Demographics

Home»Minnesota State»Hennepin County»Minneapolis»Zip Code 55429
  • Population
    27,224
  • Density
    4,383 / sqml.
  • Med. Home Value
    $159,600
  • Med. Rent
    $755

Zip Code Rankings

The table shows the top 5 positions of zip code 55429 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
#1,915 Top Zip Codes With The Highest Married-to-other Couples Ratio 1:0.69
#2,096 Top Zip Codes With The Highest Percentage Of People Who Use Public Transportation 6.59%
#2,122 Top Zip Codes With The Largest Population Density 4,383
#2,644 Top Zip Codes With The Lowest Percentage Of English Language Spoken 65%
#3,206 Top Zip Codes With The Highest Owner-to-tenant Housing Occupied Ratio 1:0.74

Population breakdown by gender

Population in zip code 55429 is 27,224 residents | Male to Female ratio is 1:1.05 | Zip Code 55429 land area is 6.2113 sq. miles | Population density is 4,382.98 residents per square mile

Median age

  Median Age
Zip Code Median Age 31.2
Median Age - Male 31.1
Median Age - Female 31.6

Median age of zip code 55429 is 6.6% lower compared to nearby zip codes and 16.1% lower compared to the United States median age. Comparing gender-specific madian age yields the following results. Male median age of zip code 55429 is 5.2% lower compared to nearby zip codes and 13.1% lower compared to the United States male median age. Female zip code 55429 median age is 6.2% lower in comparison to nearby zip codes and 17.9% lower compared to female national median age average.

Population breakdown by age

Racial makeup

Race Count
White population 14210
Black or African American population 7354
Asian population 3744
American Indian and Alaska Native population 60
Native Hawaiian and other Pacific Islander population 0
Other population 885

Region of birth

Ancestry distribution

Ancestry Percent Ancestry Percent
Arab 0.5% Czech 1.5%
Danish 1.5% Dutch 1.1%
English 5.2% French No Basque 4%
French Canadian 1.2% German 27.4%
Greek 0.3% Hungarian 0.1%
Irish 9.3% Italian 1.5%
Lithuanian 0.1% Norwegian 12.8%
Polish 4.5% Portuguese 0%
Russian 0.4% Scotch-Irish 1.2%
Scottish 1.1% Slovak 0.2%
Subsaharan African 4.7% Swedish 9.5%
Swiss 0.3% Ukrainian 0.4%
USA 2.2% Welsh 0.3%
West Indian No Hispanic Groups 0.4% Other Ancestries 27.5%

Family type by presence of children under 18 by age

Family Type Distribution
Total families 6413
Married couples 59.22%
Other couples 40.78%

Family and household income distribution

  Family income (%) Household income (%)
$30,000 or less 29.3% 33.3%
$30,000 and $50,000 19.98% 21.86%
$50,000 and $100,000 36.41% 33.4%
$100,000 and $200,000 12.63% 10.07%
$200,000 or more 1.68% 1.37%

Households by size

Household language

Language Spoken Percent
English language 70.69%
Spanish language 9.69%
Other European language 1.65%
Asian language 12.29%
Other language 5.68%

Population by housing unit

Housing Unit Percent
Total Occupied housing units 10057
Detached housing units 56.06%
Attached housing units 10.13%
2 units 1.22%
3 - 4 units 0.88%
5 - 9 units 3.01%
10 - 19 units 3.33%
20 - 49 units 7.28%
50 or more units 17.69%
Mobile homes 0.39%
Boats, RVs, Vans 0%

Means of transportation to work

Means Percent
Use car, track or Van 87.74%
Use public transportation 6.59%
Use Motorcycle 0.07%
Use bicycle 0.23%
Walk to work 1.57%
Work at home 3.8%

School attendance

Attendance Percent
Attent Preschool programs 2.62%
Attend Public School 16.85%
Attend college undergraduate program 6.02%
Attent graduate studies 0.94%
Not enrolled in school 73.58%

Highest school attainment

Attainment Percent
Less then 9th grade 8.64%
Grade 9 to 12, no diploma 10.31%
High school diploma 27.83%
Some college, no degree 25.71%
Associate degree 10.5%
Bachelor's degree 16.11%
Graduate or professional degree 0.9%

Business Counts by Industry

Industry Type Count
Total of all sectors 397
Health Care and Social Assistance 71
Other Services (except Public Administration) 51
Construction 50
Retail Trade 41
Professional, Scientific, and Technical Services 40
Manufacturing 26
Administrative and Support and Waste Management and Remediation Services 20
Real Estate and Rental and Leasing 19
Finance and Insurance 17
Accommodation and Food Services 17
Wholesale Trade 16
Transportation and Warehousing 10
Educational Services 6
Information 6
Management of Companies and Enterprises 4
Arts, Entertainment, and Recreation 3

Real Estate

Metric Value
Housing occupied 93.61%
Housing vacant 6.39%
Housing occupied by owner 57.31%
Housing occupied by tenant 42.69%
Total Rented Units 4293
Median Contract Gross Rent $680
Median Gross Rent $755
Median Home Value $159,600

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 55429 median gross rent is 11.03% larger then the median contract rent.

Average estimated apartment rent

Apartment Type Average Rent
Studio $570
1 Bedroom $680
2 Bedrooms $820
3 Bedrooms $1,070
4 Bedrooms $1,210
AVERAGE RENT $870

Average rent in zip code 55429 ($870.00) is 3.1% lower compared to nearby zip codes and 7% lower compared to the average rent in the US. The following illustrates how zip code 55429 rent compares to the nearby zip code rents by unit type: studio apartment rent is 3.7% lower, one bedroom apartment rent is 2.3% lower, two bedroom rent is 3.1% lower, three bedroom rent is 3.4% lower, four bedroom rent is 2.9% lower.

Housing units

Housing Unit Percent
Total housing units 10743
Detached housing units 56.61%
Attached housing units 9.62%
2 units 1.23%
3 - 4 units 0.83%
5 - 9 units 2.82%
10 - 19 units 3.8%
20 - 49 units 7.66%
50 or more units 16.88%
Mobile homes 0.56%
Boats, RVs, Vans 0%

Real Estate taxes paid

Tax Amount
Total Real Estate Taxes $13,261,100
Real estate taxes paid for units with a mortgage $9,238,200
Real estate taxes paid for units with no mortgage $4,022,900

Nearby Zip Code Income Per Capita Comparison

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