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Zip Code 55435 Map And Demographics

Home»Minnesota State»Hennepin County»Minneapolis»Zip Code 55435
  • Population
    11,954
  • Density
    4,049 / sqml.
  • Med. Home Value
    $230,300
  • Med. Rent
    $1,097

Zip Code Rankings

The table shows the top 5 positions of zip code 55435 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
#296 Top Zip Codes With The Highest Percentage Of Females 56.99%
#511 Top Zip Codes With The Most Business Establishments 1461
#938 Top Zip Codes With The Highest Income Per Capita $49,509.00
#1,382 Top Zip Codes With The Highest Percentage Of Population Not Enrolled In School 82.68%
#1,382 Top Zip Codes With The Highest Percentage Of People Who Ride Bicycles To Work 1.51%

Population breakdown by gender

Population in zip code 55435 is 11,954 residents | Male to Female ratio is 1:1.33 | Zip Code 55435 land area is 2.9526 sq. miles | Population density is 4,048.64 residents per square mile

Median age

  Median Age
Zip Code Median Age 48.9
Median Age - Male 45.5
Median Age - Female 52.2

Median age of zip code 55435 is 32.9% higher compared to nearby zip codes and 31.5% higher compared to the United States median age. Comparing gender-specific madian age yields the following results. Male median age of zip code 55435 is 27.8% higher compared to nearby zip codes and 27.1% higher compared to the United States male median age. Female zip code 55435 median age is 38.5% higher in comparison to nearby zip codes and 35.6% higher compared to female national median age average.

Population breakdown by age

Racial makeup

Race Count
White population 8895
Black or African American population 516
Asian population 1635
American Indian and Alaska Native population 274
Native Hawaiian and other Pacific Islander population 0
Other population 421

Region of birth

Ancestry distribution

Ancestry Percent Ancestry Percent
Arab 1.2% Czech 2%
Danish 2.7% Dutch 1.5%
English 10.7% French No Basque 3.4%
French Canadian 0.6% German 25.2%
Greek 0.7% Hungarian 0.1%
Irish 13.6% Italian 2.5%
Lithuanian 0.3% Norwegian 15.5%
Polish 3.3% Portuguese 0%
Russian 2.2% Scotch-Irish 1.7%
Scottish 1.9% Slovak 0%
Subsaharan African 0.3% Swedish 12.3%
Swiss 0.4% Ukrainian 0.4%
USA 2.9% Welsh 1.2%
West Indian No Hispanic Groups 0.1% Other Ancestries 17.4%

Family type by presence of children under 18 by age

Family Type Distribution
Total families 2897
Married couples 87.92%
Other couples 12.08%

Family and household income distribution

  Family income (%) Household income (%)
$30,000 or less 10.36% 26.13%
$30,000 and $50,000 13.5% 18.56%
$50,000 and $100,000 39.52% 32.01%
$100,000 and $200,000 21.64% 14.73%
$200,000 or more 14.98% 8.58%

Households by size

Household language

Language Spoken Percent
English language 81.51%
Spanish language 2.29%
Other European language 7.03%
Asian language 6.07%
Other language 3.1%

Population by housing unit

Housing Unit Percent
Total Occupied housing units 6354
Detached housing units 22.46%
Attached housing units 8.39%
2 units 0.39%
3 - 4 units 0.77%
5 - 9 units 3.62%
10 - 19 units 4.99%
20 - 49 units 14.02%
50 or more units 45.36%
Mobile homes 0%
Boats, RVs, Vans 0%

Means of transportation to work

Means Percent
Use car, track or Van 82.14%
Use public transportation 9.01%
Use Motorcycle 0%
Use bicycle 1.51%
Walk to work 3.16%
Work at home 4.18%

School attendance

Attendance Percent
Attent Preschool programs 2.54%
Attend Public School 10.44%
Attend college undergraduate program 2.5%
Attent graduate studies 1.84%
Not enrolled in school 82.68%

Highest school attainment

Attainment Percent
Less then 9th grade 3.74%
Grade 9 to 12, no diploma 3.35%
High school diploma 16.41%
Some college, no degree 22.62%
Associate degree 11.03%
Bachelor's degree 37.22%
Graduate or professional degree 5.64%

Business Counts by Industry

Industry Type Count
Total of all sectors 1,461
Health Care and Social Assistance 263
Finance and Insurance 237
Retail Trade 223
Professional, Scientific, and Technical Services 221
Real Estate and Rental and Leasing 109
Administrative and Support and Waste Management and Remediation Services 75
Accommodation and Food Services 70
Other Services (except Public Administration) 62
Wholesale Trade 50
Information 37
Construction 24
Educational Services 24
Manufacturing 22
Management of Companies and Enterprises 20
Arts, Entertainment, and Recreation 13
Transportation and Warehousing 8
Utilities 2
Industries not classified 1

Real Estate

Metric Value
Housing occupied 92.92%
Housing vacant 7.08%
Housing occupied by owner 47.78%
Housing occupied by tenant 52.22%
Total Rented Units 3318
Median Contract Gross Rent $1,050
Median Gross Rent $1,097
Median Home Value $230,300

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 55435 median gross rent is 4.48% larger then the median contract rent.

Average estimated apartment rent

Apartment Type Average Rent
Studio $740
1 Bedroom $870
2 Bedrooms $1,060
3 Bedrooms $1,390
4 Bedrooms $1,560
AVERAGE RENT $1,124

Average rent in zip code 55435 ($1,124.00) is 10.7% higher compared to nearby zip codes and 20.2% higher compared to the average rent in the US. The following illustrates how zip code 55435 rent compares to the nearby zip code rents by unit type: studio apartment rent is 10.4% higher, one bedroom apartment rent is 10.4% higher, two bedroom rent is 10.8% higher, three bedroom rent is 11% higher, four bedroom rent is 10.6% higher.

Housing units

Housing Unit Percent
Total housing units 6838
Detached housing units 22.37%
Attached housing units 7.79%
2 units 0.37%
3 - 4 units 1.35%
5 - 9 units 3.36%
10 - 19 units 6.26%
20 - 49 units 13.03%
50 or more units 45.47%
Mobile homes 0%
Boats, RVs, Vans 0%

Real Estate taxes paid

Tax Amount
Total Real Estate Taxes $9,615,300
Real estate taxes paid for units with a mortgage $6,109,300
Real estate taxes paid for units with no mortgage $3,506,000

Nearby Zip Code Income Per Capita Comparison

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