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Zip Code 55438 Map And Demographics

Home»Minnesota State»Hennepin County»Minneapolis»Zip Code 55438
  • Population
    16,654
  • Density
    1,995 / sqml.
  • Med. Home Value
    $283,600
  • Med. Rent
    $1,103

Zip Code Rankings

The table shows the top 5 positions of zip code 55438 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
#670 Top Zip Codes With The Highest Income Per Capita $53,910.00
#1,176 Top Zip Codes With The Highest Percentage Of Wealthy Families 18.48%
#1,415 Top Zip Codes With The Highest Percentage Of Rich Households 12.67%
#2,970 Top Zip Codes With The Highest Percentage Of College Graduates 1.87%
#3,555 Top Zip Codes With The Highest Median Apartment Rent $1,103

Population breakdown by gender

Population in zip code 55438 is 16,654 residents | Male to Female ratio is 1:1.06 | Zip Code 55438 land area is 8.3485 sq. miles | Population density is 1,994.85 residents per square mile

Median age

  Median Age
Zip Code Median Age 45.2
Median Age - Male 40.6
Median Age - Female 48.1

Median age of zip code 55438 is 11.3% higher compared to nearby zip codes and 21.5% higher compared to the United States median age. Comparing gender-specific madian age yields the following results. Male median age of zip code 55438 is 3% higher compared to nearby zip codes and 13.4% higher compared to the United States male median age. Female zip code 55438 median age is 15.6% higher in comparison to nearby zip codes and 24.9% higher compared to female national median age average.

Population breakdown by age

Racial makeup

Race Count
White population 14097
Black or African American population 770
Asian population 1166
American Indian and Alaska Native population 23
Native Hawaiian and other Pacific Islander population 0
Other population 34

Region of birth

Ancestry distribution

Ancestry Percent Ancestry Percent
Arab 0.3% Czech 2.2%
Danish 1.9% Dutch 2.2%
English 9.6% French No Basque 3.6%
French Canadian 1.2% German 34.2%
Greek 0.5% Hungarian 0.1%
Irish 13.4% Italian 3.1%
Lithuanian 0.1% Norwegian 18.9%
Polish 4.6% Portuguese 0%
Russian 1% Scotch-Irish 1.5%
Scottish 1.9% Slovak 0.2%
Subsaharan African 0.4% Swedish 11.2%
Swiss 0.8% Ukrainian 0.4%
USA 1.6% Welsh 0.5%
West Indian No Hispanic Groups 0% Other Ancestries 15.8%

Family type by presence of children under 18 by age

Family Type Distribution
Total families 4389
Married couples 88.84%
Other couples 11.16%

Family and household income distribution

  Family income (%) Household income (%)
$30,000 or less 6.63% 13.14%
$30,000 and $50,000 11.55% 17.91%
$50,000 and $100,000 26.52% 29.51%
$100,000 and $200,000 36.82% 26.77%
$200,000 or more 18.48% 12.67%

Households by size

Household language

Language Spoken Percent
English language 87.07%
Spanish language 1.72%
Other European language 4.23%
Asian language 4.7%
Other language 2.27%

Population by housing unit

Housing Unit Percent
Total Occupied housing units 7236
Detached housing units 50.65%
Attached housing units 19.13%
2 units 0.19%
3 - 4 units 4.15%
5 - 9 units 1.7%
10 - 19 units 1.34%
20 - 49 units 6.12%
50 or more units 16.72%
Mobile homes 0%
Boats, RVs, Vans 0%

Means of transportation to work

Means Percent
Use car, track or Van 91.14%
Use public transportation 2.47%
Use Motorcycle 0%
Use bicycle 0.43%
Walk to work 1.48%
Work at home 4.48%

School attendance

Attendance Percent
Attent Preschool programs 1.98%
Attend Public School 14.34%
Attend college undergraduate program 5.16%
Attent graduate studies 1.87%
Not enrolled in school 76.66%

Highest school attainment

Attainment Percent
Less then 9th grade 1.57%
Grade 9 to 12, no diploma 1.71%
High school diploma 12.75%
Some college, no degree 26.7%
Associate degree 7.62%
Bachelor's degree 42.72%
Graduate or professional degree 6.92%

Business Counts by Industry

Industry Type Count
Total of all sectors 346
Professional, Scientific, and Technical Services 90
Wholesale Trade 36
Finance and Insurance 30
Administrative and Support and Waste Management and Remediation Services 25
Other Services (except Public Administration) 23
Health Care and Social Assistance 22
Retail Trade 20
Construction 19
Manufacturing 18
Real Estate and Rental and Leasing 15
Accommodation and Food Services 14
Transportation and Warehousing 10
Educational Services 7
Information 6
Arts, Entertainment, and Recreation 5
Management of Companies and Enterprises 5
Industries not classified 1

Real Estate

Metric Value
Housing occupied 95.49%
Housing vacant 4.51%
Housing occupied by owner 76.8%
Housing occupied by tenant 23.2%
Total Rented Units 1679
Median Contract Gross Rent $990
Median Gross Rent $1,103
Median Home Value $283,600

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 55438 median gross rent is 11.41% larger then the median contract rent.

Average estimated apartment rent

Apartment Type Average Rent
Studio $800
1 Bedroom $940
2 Bedrooms $1,140
3 Bedrooms $1,490
4 Bedrooms $1,680
AVERAGE RENT $1,210

Average rent in zip code 55438 ($1,210.00) is 8.4% higher compared to nearby zip codes and 29.4% higher compared to the average rent in the US. The following illustrates how zip code 55438 rent compares to the nearby zip code rents by unit type: studio apartment rent is 8.6% higher, one bedroom apartment rent is 8.3% higher, two bedroom rent is 8.3% higher, three bedroom rent is 8.2% higher, four bedroom rent is 8.5% higher.

Housing units

Housing Unit Percent
Total housing units 7578
Detached housing units 49.33%
Attached housing units 18.71%
2 units 0.18%
3 - 4 units 3.96%
5 - 9 units 1.62%
10 - 19 units 1.72%
20 - 49 units 6.97%
50 or more units 17.51%
Mobile homes 0%
Boats, RVs, Vans 0%

Real Estate taxes paid

Tax Amount
Total Real Estate Taxes $20,748,600
Real estate taxes paid for units with a mortgage $14,279,300
Real estate taxes paid for units with no mortgage $6,469,300

Nearby Zip Code Income Per Capita Comparison

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