🇺🇸 United States ZIP Code

STANDARD

55407

Minneapolis

ZIP Code 55407 is a standard zip code serving Minneapolis, Minneapolis, Minnesota (MN), in Hennepin County, United States. It has an estimated population of 37,881 with a median household income of $47,433. 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: 44.937800
Longitude: -93.254500

Geographic Details

Land Area: 4.04 mi²
Water Area: 0.10 mi²
Population Density: 9371.0 people per mi² (95th percentile)
Bounding Box: 44.955547°N, 44.915386°S, -93.232101°E, -93.269028°W

With 37,881 residents spread across 4.04 square miles, this area has a population density of 9371.0 people per square mile.

Demographics

37,881

Population

90th percentile

$47,433

Median Income

45th percentile

$180,800

Median Home Value

70th percentile

4.04 mi²

Land Area

The median household income in 55407 is $47,433, and the median home value is $180,800.

Housing

15,090

Total Units

13,848

Occupied Units

91.8%

Occupancy Rate

Nearby ZIP Codes

Other zip codes in Minneapolis, MN.

55401

Minneapolis

55402

Minneapolis

55403

Minneapolis

55404

Minneapolis

55405

Minneapolis

55406

Minneapolis

55408

Minneapolis

55409

Minneapolis

55410

Minneapolis

55411

Minneapolis

Similar ZIP Codes in Minnesota

ZIP codes with similar median household income in Minnesota.

55006

Braham

$51,278

55007

Brook Park

$45,161

55008

Cambridge

$53,727

55021

Faribault

$52,896

55030

Grasston

$40,605

55041

Lake City

$51,429

55051

Mora

$46,610

55063

Pine City

$47,556

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.