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Zip Code 55410 - 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, 952

Income

The median income of households in 55410 was $144,973. An estimated 1.6% of households had income below $10,000 a year and 34.8% had income of $200,000 or more.

Household Income in 55410 in 2019-2023

View Data Table ↓

Percent
Less than $10,000 1.6
$10,000 to $14,999 0.9
$15,000 to $24,999 2.8
$25,000 to $34,999 2.7
$35,000 to $49,999 5.7
$50,000 to $74,999 11.1
$75,000 to $99,999 10.8
$100,000 to $149,999 16
$150,000 to $199,999 13.6
$200,000 or more 34.8

Median Earnings for Full-Time Year-Round Workers by Sex in 55410 in 2019-2023

View Data Table ↓

Dollars
Male 118931
Female 90000

An estimated 82.4% of households received earnings. An estimated 23.7% of households received Social Security and an estimated 23.2 % of households received retirement income other than Social Security. The average income from Social Security was $29,511. 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 55410 in 2019-2023

View Data Table ↓

Percent
Earnings 82.4
Social Security 23.7
Retirement income 23.2
Supplemental Security Income (SSI) 1
Cash public assistance income 3.1

Poverty and Participation in Government Programs

In 2019-2023, 2.4 % of people were in poverty. An estimated 0.8% of children under 18 were below the poverty level, compared with 5.1% of people 65 years old and over. An estimated 2.5% of people 18 to 64 years were below the poverty level.

Poverty Rates in 55410 in 2019-2023

View Data Table ↓

Percent
People in poverty 2.4
Children under 18 years below poverty 0.8
People 65 years old and over below poverty 5.1
People 18 to 64 years below poverty 2.5

In 2019-2023, 2.8 % of households received SNAP (the Supplemental Nutrition Assistance Program). An estimated 52.8% of households that received SNAP had children under 18, and 36.9% of households that received SNAP had one or more people 60 years and over. An estimated 48.1% of all households receiving SNAP were families with a female householder and no spouse present.


Among the civilian noninstitutionalized population in 55410 in 2019-2023, 98.4% had health insurance coverage and 1.6% did not have health insurance coverage. Private coverage was 89.2% and public coverage was 21.1%, respectively. The percentage of children under the age of 19 with no health insurance coverage was 0.9%.


In 2019-2023, 55410 had a total population of 20,361 - 10,266 (50.4%) females and 10,095 (49.6%) males. The median age was 40.4 years. An estimated 25.2% of the population was under 18 years, 30.5% was 19 to 44 years, 28.1% was 45 to 64 years, and 14.9 % was 65 years and older.

Population by Age and Sex for 55410 in 2019-2023

Male Female
Under 5 567 829
5 to 9 615 691
10 to 14 771 716
15 to 19 672 528
20 to 24 336 243
25 to 29 431 511
30 to 34 545 816
35 to 39 965 825
40 to 44 760 786
45 to 49 714 581
50 to 54 790 781
55 to 59 544 696
60 to 64 813 805
65 to 69 543 493
70 to 74 501 428
75 to 79 228 194
80 to 84 170 152
85 and over 130 191

Hispanic Origin and Race

For people reporting one race alone, 87.4% were White; 3% were Black or African American; 0.3% were American Indian and Alaska Native; 0% were Asian; 0.6% were Native Hawaiian and Other Pacific Islander, and 0% were Some Other Race. An estimated 6.4% reported Two or More Races. An estimated 0.2% of the people in 55410 were Hispanic or Latino. An estimated 1.4% of the people in 55410 were White alone, non-Hispanic. People of Hispanic origin may be of any race.


Households and Families

In 2019-2023, there were 8,407 households in 55410. The average household size was 2.41 people.

Married-couple households made up 53.5% of the households in 55410 while cohabiting couple households made up 7.2% of households. Female householders with no spouse or partner present were 21.7% of all households, while 17.6% of households had male householders with no spouse or partner present. Some households had one person, as 12% of households were male householders living alone, and 16.6% were female householders living alone, for a total of 28.6% of all households.

In 55410, 33% of all households had one or more people under the age of 18; 26.6% of all households had one or more people 65 years and over.

Types of Households in 55410 in 2019-2023

View Data Table ↓

Percent
Married-couple households 53.5
Cohabiting Couples 7.2
Male Householder
No spouse/partner present
17.6
Female Householder
No spouse/partner present
21.7

Marital Status

Among persons 15 and older, 57% of males and 58.5% of females were currently married.

Population 15 years and over Percent
Males
Percent
Females
Never married 30 25.4
Now married, except separated 57 58.5
Separated 0.3 0.7
Widowed 2.8 3.8
Divorced 9.9 11.5

Grandparents and Grandchildren

In 55410, 61 grandparents lived with their grandchildren under 18 years old. Of those grandparents, 52.5% were responsible for the basic needs of their grandchildren.


Nativity and Foreign-Born

In 2019-2023, an estimated 94.8% of the people living in 55410 were U.S. natives. 60.6% of the 55410 population were living in the state where they were born.

Approximately 5.2% of 55410 residents in 2019-2023 were foreign-born. 60% of foreign-born were naturalized U.S. citizens and an estimated 84.6 % entered the country before the year 2010.

Foreign-born residents of 55410 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 55410.

Region of Birth for the Foreign-Born Population in 55410 in 2019-2023

View Data Table ↓

Percent
Latin America 15.5
Asia 33.2
Europe 32.2
Africa 9.8
Northern America 5.6
Oceania 3.8

Language

Among people at least five years old living in 55410 in 2019-2023, 5.6 % spoke a language other than English at home. Spanish was spoken by 1.7% of people at least five years old; 1% 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 55410 in 2019-2023

View Data Table ↓

Percent
Spanish 1.7
Other Indo-European languages 2.4
Asian and Pacific Islander languages 1.1
Other languages 0.5

Geographic Mobility

In 2019-2023, 89 % of the people at least one year old living in 55410 were living in the same house one year earlier.

Geographic Mobility of Residents of 55410 in 2019-2023

View Data Table ↓

Percent
Same house 89
Different house, same county 7.4
Different county, same state 1.1
Different state 2.4
Abroad 0.1

Education

In 2019-2023, 98.5 % of people 25 years and over had at least graduated from high school and 77.5% had a bachelor's degree or higher. An estimated 1.4% did not complete high school.

The total school enrollment in 55410 was 4,977 in 2019-2023. Nursery school enrollment was 586 and kindergarten through 12th grade enrollment was 3,627. College or graduate school enrollment was 764.

Educational Attainment of People in 55410 in 2019-2023

View Data Table ↓

Percent
Less than high school diploma 1.4
High school diploma or equivalency 6
Some college, no degree 10.2
Associate's degree 4.7
Bachelor's degree 38.3
Graduate or professional degree 39.3

Disability

In 55410, among the civilian noninstitutionalized population in 2019-2023, 8.7 % reported a disability. The likelihood of having a disability varied by age - from 2.9% of people under 18 years old, to 7.9% of people 18 to 64 years old, and to 21.8% of those 65 and over.


Employment Status and Type of Employer

In 55410, 70 % of the population 16 and over were employed; 27.5% were not currently in the labor force.

An estimated 80.8% of the people employed were private wage and salary workers; 11.6% were federal, state, or local government workers; and 7.6 % were self-employed in their own (not incorporated) business.

Class of worker Number Percent
Private wage and salary workers 8,999 80.8
Federal, state, or local government workers 1,287 11.6
Self-employed workers in own not incorporated business 851 7.6

Industries

In 2019-2023, the civilian employed population 16 years and older in 55410 worked in the following industries:

Percent by Industry in 55410 in 2019-2023

View Data Table ↓

Percent
Agriculture, forestry, fishing and hunting, and mining 0.8
Construction 2.6
Manufacturing 8.9
Wholesale trade 2.4
Retail trade 9.2
Transportation and warehousing, and utilities 2.1
Information 2.2
Finance and insurance, and real estate and rental and leasing 15
Professional, scientific, and management, and administrative and waste management services 21.2
Educational services, and health care and social assistance 22.2
Arts, entertainment, and recreation, and accommodation, and food services 5.9
Other Services, except public administration 4.4
Public administration 3.2

Occupations

Occupations for the Civilian Employed Population 16 Years and over in 55410 in 2019-2023

Civilian employed population 16 years and over Number Percent
Management, business, sciences, and arts occupations 8,045 72.2
Service occupations 789 7.1
Sales and office occupations 1,641 14.7
Natural resources, construction, and maintenance occupations 198 1.8
Production, transportation, and material moving occupations 464 4.2

Commuting to Work

An estimated 58% of 55410 workers drove to work alone in 2019-2023, and 3.8% carpooled. Among those who commuted to work, it took them on average 21.3 minutes to get to work.

Percent of Workers 16 and over Commuting by Mode in 55410 in 2019-2023

View Data Table ↓

Percent
Car, truck, van -- drove alone 58
Car, truck, van -- carpooled 3.8
Public transportation (excluding taxicab) 1.8
Walked 2.6
Other means 1.7
Worked from home 32.1

In 2019-2023, 55410 had a total of 8,685 housing units. Of these housing units, 82.2% 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"). 17.6% of the housing units were located in multi-unit structures, or those buildings that contained two or more apartments. 0.1% were mobile homes, while any remaining housing units were classified as "other," which included boats, recreational vehicles, vans, etc.

Types of Housing Units in 55410 in 2019-2023

View Data Table ↓

Percent
Single-family houses 82.2
Apartments in multi-unit structures 17.6
Mobile homes 0.1
Boat, RV, van, etc 0.1

7.6% of the housing inventory was comprised of houses built since 2010, while 41.6% of the houses were first built in 1939 or earlier. The median number of rooms in all housing units in 55410 was 7 rooms, and of these housing units 70.4% had three or more bedrooms.


In 2019-2023, 55410 had 8,407 housing units that were occupied or had people living in them, while the remaining 278 were vacant. Of the occupied housing units, the percentage of these houses occupied by owners (also known as the homeownership rate) was 79.8% while renters occupied 20.2%. The average household size of owner-occupied houses was 2.54 and in renter-occupied houses it was 1.93.

9% of householders of these occupied houses had moved into their house since 2021, while 14.8% moved into their house in 1989 or earlier. Households without a vehicle available for personal use comprised 2.6% and another 12.2% had three or more vehicles available for use.

The following chart provides the primary fuel used to heat houses in 55410:

House Heating Fuel Used in 55410 in 2019-2023

View Data Table ↓

Percent
Gas † 88.8
Electricity 10.1
Fuel oil, kerosene, etc 0.3
All other fuels 0.7
No fuel used 0.1

In 2019-2023, the median property value for owner-occupied houses in 55410 was $597,400.

Of the owner-occupied households, 70.3 % had a mortgage. 29.7% 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 $2,940 and for owners without a mortgage it was $1,010.

For renter-occupied houses, the median gross rent for 55410 was $1,622. 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.