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Zip Code 55404 - Population, Income & Demographics

Popular Secions:

πŸ’° Income         | πŸͺ™ Poverty

🚻 Age & Sex    | 🀝 Race

πŸ‘¨β€πŸ‘©β€πŸ‘§β€πŸ‘¦ Households  | πŸ—£οΈ Language  | πŸŽ“ Education

πŸ’Ό Employment | 🏭 Industry     | 🏠 Housing

🌍 State: MN - Minnesota

🏑 City: Minneapolis

πŸ—ΊοΈ County: Hennepin County

⏰ Timezone: America/Chicago

☎️ Area Codes: 612

Income

The median income of households in 55404 was $43,932. An estimated 9.8% of households had income below $10,000 a year and 5.7% had income of $200,000 or more.

Household Income in 55404 in 2019-2023

View Data Table ↓

Percent
Less than $10,000 9.8
$10,000 to $14,999 13
$15,000 to $24,999 10.9
$25,000 to $34,999 9.4
$35,000 to $49,999 11.4
$50,000 to $74,999 15.6
$75,000 to $99,999 10.5
$100,000 to $149,999 11.2
$150,000 to $199,999 2.4
$200,000 or more 5.7

Median Earnings for Full-Time Year-Round Workers by Sex in 55404 in 2019-2023

View Data Table ↓

Dollars
Male 50516
Female 49438

An estimated 75.8% of households received earnings. An estimated 20.9% of households received Social Security and an estimated 11.2 % of households received retirement income other than Social Security. The average income from Social Security was $13,333. These income sources are not mutually exclusive; that is, some households received income from more than one source.

Proportion of Households with Various Income Sources in 55404 in 2019-2023

View Data Table ↓

Percent
Earnings 75.8
Social Security 20.9
Retirement income 11.2
Supplemental Security Income (SSI) 10.3
Cash public assistance income 11.9

Poverty and Participation in Government Programs

In 2019-2023, 30.9 % of people were in poverty. An estimated 37% of children under 18 were below the poverty level, compared with 43.2% of people 65 years old and over. An estimated 27.4% of people 18 to 64 years were below the poverty level.

Poverty Rates in 55404 in 2019-2023

View Data Table ↓

Percent
People in poverty 30.9
Children under 18 years below poverty 37
People 65 years old and over below poverty 43.2
People 18 to 64 years below poverty 27.4

In 2019-2023, 29.3 % of households received SNAP (the Supplemental Nutrition Assistance Program). An estimated 32.2% of households that received SNAP had children under 18, and 41.3% of households that received SNAP had one or more people 60 years and over. An estimated 24% of all households receiving SNAP were families with a female householder and no spouse present.


Among the civilian noninstitutionalized population in 55404 in 2019-2023, 88.5% had health insurance coverage and 11.5% did not have health insurance coverage. Private coverage was 45.3% and public coverage was 47.4%, respectively. The percentage of children under the age of 19 with no health insurance coverage was 7%.


In 2019-2023, 55404 had a total population of 28,071 - 12,382 (44.1%) females and 15,689 (55.9%) males. The median age was 31.8 years. An estimated 20.7% of the population was under 18 years, 43.7% was 19 to 44 years, 21.8% was 45 to 64 years, and 9.7 % was 65 years and older.

Population by Age and Sex for 55404 in 2019-2023

Male Female
Under 5 867 767
5 to 9 974 557
10 to 14 1069 417
15 to 19 1125 1207
20 to 24 1540 1378
25 to 29 1831 1436
30 to 34 1287 1020
35 to 39 1107 1303
40 to 44 656 699
45 to 49 767 698
50 to 54 1018 495
55 to 59 1021 684
60 to 64 907 523
65 to 69 666 319
70 to 74 353 261
75 to 79 211 233
80 to 84 185 253
85 and over 105 132

Hispanic Origin and Race

For people reporting one race alone, 38.9% were White; 32.5% were Black or African American; 4.6% were American Indian and Alaska Native; 0% were Asian; 0.3% were Native Hawaiian and Other Pacific Islander, and 0% were Some Other Race. An estimated 9.9% reported Two or More Races. An estimated 0% of the people in 55404 were Hispanic or Latino. An estimated 0% of the people in 55404 were White alone, non-Hispanic. People of Hispanic origin may be of any race.


Households and Families

In 2019-2023, there were 12,679 households in 55404. The average household size was 1.98 people.

Married-couple households made up 16% of the households in 55404 while cohabiting couple households made up 8.7% of households. Female householders with no spouse or partner present were 33.8% of all households, while 41.5% of households had male householders with no spouse or partner present. Some households had one person, as 32.7% of households were male householders living alone, and 21.4% were female householders living alone, for a total of 54.1% of all households.

In 55404, 19.9% of all households had one or more people under the age of 18; 17.1% of all households had one or more people 65 years and over.

Types of Households in 55404 in 2019-2023

View Data Table ↓

Percent
Married-couple households 16
Cohabiting Couples 8.7
Male Householder
No spouse/partner present
41.5
Female Householder
No spouse/partner present
33.8

Marital Status

Among persons 15 and older, 22.3% of males and 22.4% of females were currently married.

Population 15 years and over Percent
Males
Percent
Females
Never married 63 57.9
Now married, except separated 22.3 22.4
Separated 1.7 2.7
Widowed 2.2 4.6
Divorced 10.8 12.5

Grandparents and Grandchildren

In 55404, 335 grandparents lived with their grandchildren under 18 years old. Of those grandparents, 64.5% were responsible for the basic needs of their grandchildren.


Nativity and Foreign-Born

In 2019-2023, an estimated 75.8% of the people living in 55404 were U.S. natives. 46.3% of the 55404 population were living in the state where they were born.

Approximately 24.2% of 55404 residents in 2019-2023 were foreign-born. 52.8% of foreign-born were naturalized U.S. citizens and an estimated 71.1 % entered the country before the year 2010.

Foreign-born residents of 55404 come from different parts of the world. The bar graph below displays the percentage of foreign-born from each world region of birth in 2019-2023 for 55404.

Region of Birth for the Foreign-Born Population in 55404 in 2019-2023

View Data Table ↓

Percent
Latin America 28.5
Asia 9.8
Europe 1.5
Africa 57.9
Northern America 2.4
Oceania 0

Language

Among people at least five years old living in 55404 in 2019-2023, 36.6 % spoke a language other than English at home. Spanish was spoken by 13.4% of people at least five years old; 15.7% reported that they did not speak English "very well."

Percentage of the Population 5 years and over who Speak a Language other than English in 55404 in 2019-2023

View Data Table ↓

Percent
Spanish 13.4
Other Indo-European languages 2.4
Asian and Pacific Islander languages 2.7
Other languages 18.2

Geographic Mobility

In 2019-2023, 74.8 % of the people at least one year old living in 55404 were living in the same house one year earlier.

Geographic Mobility of Residents of 55404 in 2019-2023

View Data Table ↓

Percent
Same house 74.8
Different house, same county 14.3
Different county, same state 5.6
Different state 4.6
Abroad 0.8

Education

In 2019-2023, 80.6 % of people 25 years and over had at least graduated from high school and 34.6% had a bachelor's degree or higher. An estimated 19.4% did not complete high school.

The total school enrollment in 55404 was 7,833 in 2019-2023. Nursery school enrollment was 449 and kindergarten through 12th grade enrollment was 4,094. College or graduate school enrollment was 3,290.

Educational Attainment of People in 55404 in 2019-2023

View Data Table ↓

Percent
Less than high school diploma 19.4
High school diploma or equivalency 20.5
Some college, no degree 19.1
Associate's degree 6.5
Bachelor's degree 22.3
Graduate or professional degree 12.2

Disability

In 55404, among the civilian noninstitutionalized population in 2019-2023, 17.9 % reported a disability. The likelihood of having a disability varied by age - from 5.2% of people under 18 years old, to 18.1% of people 18 to 64 years old, and to 47% of those 65 and over.


Employment Status and Type of Employer

In 55404, 60.9 % of the population 16 and over were employed; 32.9% were not currently in the labor force.

An estimated 84.4% of the people employed were private wage and salary workers; 11.7% were federal, state, or local government workers; and 3.9 % were self-employed in their own (not incorporated) business.

Class of worker Number Percent
Private wage and salary workers 11,925 84.4
Federal, state, or local government workers 1,650 11.7
Self-employed workers in own not incorporated business 547 3.9

Industries

In 2019-2023, the civilian employed population 16 years and older in 55404 worked in the following industries:

Percent by Industry in 55404 in 2019-2023

View Data Table ↓

Percent
Agriculture, forestry, fishing and hunting, and mining 0.6
Construction 2.8
Manufacturing 10.1
Wholesale trade 1.7
Retail trade 11
Transportation and warehousing, and utilities 5.5
Information 1.2
Finance and insurance, and real estate and rental and leasing 6.3
Professional, scientific, and management, and administrative and waste management services 14.3
Educational services, and health care and social assistance 26.8
Arts, entertainment, and recreation, and accommodation, and food services 13.9
Other Services, except public administration 3.4
Public administration 2.4

Occupations

Occupations for the Civilian Employed Population 16 Years and over in 55404 in 2019-2023

Civilian employed population 16 years and over Number Percent
Management, business, sciences, and arts occupations 5,581 39.5
Service occupations 3,125 22.1
Sales and office occupations 2,994 21.2
Natural resources, construction, and maintenance occupations 390 2.8
Production, transportation, and material moving occupations 2,032 14.4

Commuting to Work

An estimated 47.2% of 55404 workers drove to work alone in 2019-2023, and 6.2% carpooled. Among those who commuted to work, it took them on average 21.8 minutes to get to work.

Percent of Workers 16 and over Commuting by Mode in 55404 in 2019-2023

View Data Table ↓

Percent
Car, truck, van -- drove alone 47.2
Car, truck, van -- carpooled 6.2
Public transportation (excluding taxicab) 14.5
Walked 11.2
Other means 4.6
Worked from home 16.3

In 2019-2023, 55404 had a total of 14,372 housing units. Of these housing units, 14% were single-family houses either not attached to any other structure or attached to one or more structures (commonly referred to as "townhouses" or "row houses"). 84.9% of the housing units were located in multi-unit structures, or those buildings that contained two or more apartments. 1.1% were mobile homes, while any remaining housing units were classified as "other," which included boats, recreational vehicles, vans, etc.

Types of Housing Units in 55404 in 2019-2023

View Data Table ↓

Percent
Single-family houses 14
Apartments in multi-unit structures 84.9
Mobile homes 1.1
Boat, RV, van, etc 0

7.5% of the housing inventory was comprised of houses built since 2010, while 34.7% of the houses were first built in 1939 or earlier. The median number of rooms in all housing units in 55404 was 3.2 rooms, and of these housing units 15.9% had three or more bedrooms.


In 2019-2023, 55404 had 12,679 housing units that were occupied or had people living in them, while the remaining 1,693 were vacant. Of the occupied housing units, the percentage of these houses occupied by owners (also known as the homeownership rate) was 17.5% while renters occupied 82.5%. The average household size of owner-occupied houses was 2.23 and in renter-occupied houses it was 1.93.

17.4% of householders of these occupied houses had moved into their house since 2021, while 1.6% moved into their house in 1989 or earlier. Households without a vehicle available for personal use comprised 33.2% and another 5.7% had three or more vehicles available for use.

The following chart provides the primary fuel used to heat houses in 55404:

House Heating Fuel Used in 55404 in 2019-2023

View Data Table ↓

Percent
Gas † 54.3
Electricity 39.9
Fuel oil, kerosene, etc 0.8
All other fuels 2.6
No fuel used 2.3

In 2019-2023, the median property value for owner-occupied houses in 55404 was $294,200.

Of the owner-occupied households, 75.7 % had a mortgage. 24.3% owned their houses "free and clear," that is without a primary mortgage or loan on the house. The median monthly housing costs for owners with a mortgage was $2,181 and for owners without a mortgage it was $927.

For renter-occupied houses, the median gross rent for 55404 was $1,063. Gross rent includes the monthly contract rent and any monthly payments made for electricity, gas, water and sewer, and any other fuels to heat the house.