🇺🇸 United States ZIP Code

STANDARD

55406

Minneapolis

ZIP Code 55406 is a standard zip code serving Minneapolis, Minneapolis, Minnesota (MN), in Hennepin County, United States. It has an estimated population of 32,112 with a median household income of $56,989. The area falls within the America/Chicago timezone.

Median Household Income vs. National Average

Location

Country: 🇺🇸 United States
State / Province: Minnesota (MN)
County: Hennepin
City: Minneapolis
Timezone: America/Chicago

Coordinates

Latitude: 44.938400
Longitude: -93.221400

Geographic Details

Land Area: 5.00 mi²
Water Area: 0.22 mi²
Population Density: 6419.0 people per mi² (95th percentile)
Bounding Box: 44.966191°N, 44.916302°S, -93.199789°E, -93.243217°W

With 32,112 residents spread across 5.00 square miles, this area has a population density of 6419.0 people per square mile.

Demographics

32,112

Population

90th percentile

$56,989

Median Income

65th percentile

$191,900

Median Home Value

70th percentile

5.00 mi²

Land Area

The median household income in 55406 is $56,989, and the median home value is $191,900.

Housing

15,589

Total Units

14,765

Occupied Units

94.7%

Occupancy Rate

Nearby ZIP Codes

Other zip codes in Minneapolis, MN.

55401

Minneapolis

55402

Minneapolis

55403

Minneapolis

55404

Minneapolis

55405

Minneapolis

55407

Minneapolis

55408

Minneapolis

55409

Minneapolis

55410

Minneapolis

55411

Minneapolis

Similar ZIP Codes in Minnesota

ZIP codes with similar median household income in Minnesota.

55003

Bayport

$55,175

55006

Braham

$51,278

55008

Cambridge

$53,727

55009

Cannon Falls

$60,929

55021

Faribault

$52,896

55040

Isanti

$60,897

55041

Lake City

$51,429

55049

Medford

$59,286

Frequently Asked Questions

What information is available for each ZIP code?

Each ZIP code page shows city, state, county, geographic coordinates, timezone, population, median household income, median home value, housing units, land area, population density, commute time, educational attainment, area codes, and ZIP code type (Standard, PO Box, or Unique).

What are the different types of ZIP codes?

There are three types of ZIP codes: Standard (residential and commercial delivery areas), PO Box (assigned to post office box sections), and Unique (assigned to a single high-volume address like a government agency or large company). Standard ZIP codes are the most common.

How often is ZIP code data updated?

ZIP code assignments are updated quarterly by the USPS. Demographic data comes from the US Census Bureau's American Community Survey (ACS), which releases new 5-year estimates annually. ZipFYI updates its data to reflect the latest available information.

What is population density and why does it matter?

Population density measures the number of people per square mile in a ZIP code area. It helps identify urban vs. rural areas, affects real estate values, impacts service availability, and is used in market analysis. Dense urban ZIP codes may have 50,000+ people per square mile.

How are ZIP code boundaries determined?

ZIP code boundaries are determined by the USPS based on mail delivery routes, not political or geographic boundaries. They follow carrier routes and may cross city, county, or even state lines. Boundaries can change when the USPS reorganizes delivery operations.

What does median household income tell me about a ZIP code?

Median household income is the middle value when all household incomes in a ZIP code are sorted. Half of households earn more and half earn less. It is a better indicator of typical earnings than average income, which can be skewed by very high or very low outliers.