Minneapolis, MN
Hennepin County · Minnesota · United States
Home to 11,526 people across 0.791 square miles.
At a glance
55401 by the numbers
Every figure below comes from the 2019–2023 American Community Survey 5-Year Estimates, the Census Gazetteer, or is computed from those. Margins of error are shown where they matter.
Location
Where 55401 is
| Coordinates | 44.985367, -93.270208 |
|---|---|
| Time zone | America/Chicago |
| County | Hennepin County |
| State | Minnesota (MN) |
| Land area | 0.791 mi² |
| Coordinate source | Census ZCTA internal point |
Local time
America/Chicago
Current weather
Live from the National Weather Service
Loading forecast…
Distance to major cities
Straight-line, computed from coordinates
| Chicago, IL | 355.1 mi |
|---|---|
| Denver, CO | 698.5 mi |
| Dallas, TX | 864.4 mi |
| Atlanta, GA | 908.6 mi |
People
Who lives in 55401
11,526 residents in 8,279 households, averaging 1.39 people per household. The largest age group is 25-34 at 38.2% of residents, and 68.3% of households are a single person living alone.
Age distribution
Share of residents by age band
Households
Composition and size
| Total households | 8,279 |
|---|---|
| Average household size | 1.39 |
| Family households | 16.7% |
| Living alone | 68.3% |
| Median age | 34.9 years |
| Households with internet | 92.2% |
Race & ethnicity
Census race categories. Hispanic or Latino origin is asked separately and overlaps these groups.
Income & work
What people earn in 55401
The median household here earns $115,651 a year, above the US median of $70,109, which puts 55401 ahead of 90% of American ZIP codes. 4.8% of residents live below the poverty line.
Compared to the US
This ZIP against the national median
| Median household income | $115,651 ±$18,628 |
|---|---|
| Per capita income | $110,759 |
| Poverty rate | 4.8% |
| Unemployment rate | 1.4% |
| Labor force participation | 84.4% |
Household income distribution
Share of households in each bracket
Educational attainment among residents 25 and older: 79.2% hold a bachelor's degree or higher, 99.3% finished high school.
Housing
Homes and rent in 55401
A typical home is valued at $401,500, and median rent runs $2,010 a month. This is a renter-majority area — 71.0% of occupied homes are rented, and the typical building went up in 1999.
Costs
Typical values
| Median home value | $401,500 |
|---|---|
| Median gross rent | $2,010/mo |
| Median year built | 1999 |
| Housing units | 8,988 |
| Vacancy rate | 7.9% |
Own vs. rent
Of 8,279 occupied units
| Owner households | 2,401 |
|---|---|
| Renter households | 5,878 |
Building types
Units by structure size
Getting to work
How 55401 commutes
40.3% of workers drove alone, and the average one-way trip takes 22.3 minutes. 31.0% work from home.
Mode of transport
Workers 16 and older
Travel time
Mean commute 22.3 minutes
Overview
Understanding ZIP code 55401
ZIP code 55401 is assigned to Minneapolis, MN, and falls within Hennepin County. Like every US postal code, it began as a mail-routing device rather than a geographic boundary — the US Postal Service groups delivery routes under a single code so carriers and sorting equipment can process mail efficiently. Today it also serves as a practical shorthand for the area itself: roughly 11,526 people live inside it.
At 14,571 residents per square mile spread over 0.791 square miles, 55401 reads as a dense urban area. It is a mid-sized postal code by population, and density shapes almost everything else on this page — how people get to work, whether they own or rent, and what housing costs.
Household earnings here sit well above the national picture. The median household income of $115,651 places 55401 in the upper reaches of American postal codes, ahead of 90% of them. The US median for comparison is $70,109. Bear in mind that median income describes the midpoint household, not the average — it is not pulled upward by a handful of very high earners the way a mean would be.
Living here
What life in Minneapolis looks like
Housing in 55401 costs well above the national median. A typical home is valued at $401,500 against a US median of $207,500, and median gross rent runs $2,010 a month. This is firmly renter territory — 71.0% of occupied homes are rented, a pattern typical of city centres, student areas and neighbourhoods with a lot of apartment stock.
The building stock is dominated by larger apartment buildings of twenty units or more, which account for 72.8% of housing units here. The median construction year is 1999, making the housing here from the later twentieth century.
The population skews younger than the country as a whole, with a median age of 34.9 against 42 nationally. Households average just 1.39 people, and 68.3% consist of one person living alone — a signature of areas with a lot of studio and one-bedroom stock.
Getting to work takes 22.3 minutes on average one way. The dominant mode is drove alone at 40.3% of workers, while 21.5% walk, 31.0% work from home. Commute patterns are one of the better proxies for how a place actually functions day to day.
Where to stay
Where to stay in Minneapolis, MN
Minneapolis sits in a densely built environment, and accommodation in and around 55401 tends to reflect that — full-service hotels, boutique properties and serviced apartments packed close together, usually within walking distance of transit. Rates in dense urban codes move sharply with the calendar: midweek business demand and weekend leisure demand can price very differently.
Median rent in 55401 is $2,010 a month, which sits in the middle of the national range; accommodation pricing locally tends to be similarly mid-market. For reference, Chicago, IL is about 355.1 miles away in a straight line, which is worth factoring in if you are comparing a stay here against one closer to the city centre.
Availability and pricing change constantly, so the live search below will give you a more accurate picture than any figure we could publish here. It opens results for this area on Booking.com.
Opens Booking.com in a new tab. We are not affiliated with Booking.com and receive nothing from this link.
Practical uses
What ZIP code 55401 is used for
Beyond addressing mail, 55401 does a lot of quiet administrative work. Retailers use it to calculate shipping and sales tax at checkout. Insurers use it to set premiums, since risk profiles vary geographically. Employers and marketers use it to define service areas. Government agencies use it to route benefits and organise reporting. If you have ever been asked for a postal code by a form that clearly does not intend to send you anything, this is why.
For anyone weighing a move, 55401 offers a compact profile of Minneapolis: 11,526 residents, a median household income of $115,651, 79.2% of adults holding a bachelor's degree or higher, and an unemployment rate of 1.4%. A handful of figures like these answer more relocation questions than most neighbourhood guides do.
One caution worth repeating: a postal code is not a neighbourhood. 55401 may cover parts of several distinct areas, and a single neighbourhood in Minneapolis may be split across more than one code. Boundaries also shift as USPS adjusts delivery routes. Treat the figures here as describing a delivery area, which is what they actually measure.
Nearby
ZIP codes near 55401
The eight closest postal codes by centroid distance, each with its own full profile. You can also browse every Minnesota ZIP code or use the ZIP Express Lookup to search by city, county or time zone.
Other ZIP codes in Minneapolis
Minneapolis is served by 69 postal codes.
More in Hennepin County
Look up another
Search any ZIP code
Questions
Common questions about 55401
What city is ZIP code 55401 in?
What is the population of 55401?
What is the average income in 55401?
How expensive is housing in 55401?
Is 55401 a good place to live?
What time zone is 55401 in?
How big is ZIP code 55401?
Is 55401 urban, suburban or rural?
How much is rent in 55401?
What is the commute like from 55401?
How many people work in 55401?
Where should I stay when visiting 55401?
Does 55401 cover more than one city or county?
Can ZIP code 55401 change?
Methodology
Where this data comes from
- Postal geography — GeoNames open postal code database (CC BY 4.0), cross-checked against the US Census Gazetteer.
- Demographics, income, housing, commute — US Census Bureau, American Community Survey 2019–2023 5-Year Estimates, ZIP Code Tabulation Area 55401. Tables B01001, B01002, B01003, B02001, B03003, B08301, B08303, B11001, B15003, B17001, B19001, B19013, B19301, B23025, B25002, B25003, B25024, B25035, B25064, B25077, B28002.
- Land and water area — US Census Bureau 2023 Gazetteer Files.
- Weather — NOAA National Weather Service, fetched live in your browser.
- Map — OpenStreetMap contributors (ODbL).