ZIP Code Tabulation Area · Minnesota

ZIP Code 55406: Minneapolis, MN

ZIP Code 55406 (Minneapolis, Hennepin County, Minnesota) has an estimated 36,581 residents in 16,999 households. The median household income is $93,910, the median home value is $354,100 and the median gross rent is $1,281/mo. Figures are U.S. Census Bureau American Community Survey 2020–2024 5-year estimates for the matching ZIP Code Tabulation Area.

American Community Survey 2020–2024 5-year estimates · Updated

Total population

36,581

Margin of error ±1,547

Median household income

$93,910

Margin of error ±$5,806

Median home value

$354,100

Margin of error ±$6,482

Median gross rent

$1,281/mo

Margin of error ±$79

Median age

39.8 yrs

Margin of error ±1.3 yrs

Mean travel time to work

21.7 min

Margin of error ±1.9 min

How ZIP 55406 compares with Minnesota and the U.S.

State and national figures are the Census Bureau's own estimates for those areas from the same ACS release, not averages of ZIP codes.

Median age

ZIP 5540639.8 yrsMinnesota38.8 yrsUnited States38.9 yrs

Median household income

ZIP 55406$93,910Minnesota$89,062United States$80,734

Per capita income

ZIP 55406$54,006Minnesota$48,237United States$44,673

Poverty rate

ZIP 554069.5%Minnesota9.3%United States12.5%

Unemployment rate

ZIP 554065.8%Minnesota4.1%United States5.2%

Bachelor's degree or higher

ZIP 5540657.3%Minnesota39.4%United States35.7%

Median home value

ZIP 55406$354,100Minnesota$329,300United States$332,700

Median gross rent

ZIP 55406$1,281/moMinnesota$1,280/moUnited States$1,413/mo

Owner-occupied homes

ZIP 5540666.0%Minnesota72.2%United States65.2%

Mean travel time to work

ZIP 5540621.7 minMinnesota22.7 minUnited States26.4 min

Worked from home

ZIP 5540629.4%Minnesota17.6%United States15.1%

All figures for ZIP 55406

Each estimate has a 90% margin of error: the true value is likely within that range. * marks estimates with a large margin of error (a coefficient of variation above 30%, or ±10 percentage points or more for rates).

ZIP 55406 — ACS 2020–2024 5-year estimates
MeasureZIP 55406Margin of errorMinnesotaUnited States
Total population36,581±1,5475,739,445334,922,499
Median age39.8 yrs±1.3 yrs38.8 yrs38.9 yrs
Households16,999±6282,307,955129,227,496
Median household income$93,910±$5,806$89,062$80,734
Per capita income$54,006±$2,302$48,237$44,673
Poverty rate9.5%±2.0 pts9.3%12.5%
Unemployment rate5.8%±1.2 pts4.1%5.2%
Bachelor's degree or higher57.3%±1.5 pts39.4%35.7%
Median home value$354,100±$6,482$329,300$332,700
Median gross rent$1,281/mo±$79$1,280/mo$1,413/mo
Owner-occupied homes66.0%±2.5 pts72.2%65.2%
Mean travel time to work21.7 min±1.9 min22.7 min26.4 min
Worked from home29.4%±2.4 pts17.6%15.1%

Race and Hispanic or Latino origin

Shares of the total population by the Census Bureau's race and Hispanic or Latino origin categories (table B03002), listed in the Census Bureau's order. People self-identify on the survey.

Population by race and Hispanic or Latino origin, ZIP 55406
GroupZIP 55406MinnesotaUnited States
White alone, not Hispanic or Latino67.9%75.9%57.4%
Black or African American alone, not Hispanic or Latino13.8%6.9%11.9%
American Indian and Alaska Native alone, not Hispanic or Latino0.4%0.7%0.5%
Asian alone, not Hispanic or Latino2.7%5.1%5.9%
Native Hawaiian and Other Pacific Islander alone, not Hispanic or Latino0.0%0.0%0.2%
Some other race alone, not Hispanic or Latino0.3%0.5%0.6%
Two or more races, not Hispanic or Latino7.8%4.5%4.3%
Hispanic or Latino (of any race)7.1%6.4%19.3%

Where ZIP 55406 is

State
Minnesota
Main county
Hennepin County
Largest overlapping place
Minneapolis (100% of the ZIP's land area)
Land area
5.01 sq mi· about 7,302 people per sq mi

County and place names come from the Census Bureau's 2020 ZCTA relationship files. A ZIP code's mailing city, set by the U.S. Postal Service, can differ from these names.

Other ZIP codes in Hennepin County

55391 Orono, MN55401 Minneapolis, MN55402 Minneapolis, MN55403 Minneapolis, MN55404 Minneapolis, MN55405 Minneapolis, MN55407 Minneapolis, MN55408 Minneapolis, MN55409 Minneapolis, MN55410 Minneapolis, MN55411 Minneapolis, MN55412 Minneapolis, MN55413 Minneapolis, MN55414 Minneapolis, MN55415 Minneapolis, MN55416 St. Louis Park, MN55417 Minneapolis, MN55418 Minneapolis, MN55419 Minneapolis, MN55420 Bloomington, MN55422 Golden Valley, MN55423 Richfield, MN55424 Edina, MN55425 Bloomington, MN

See every ZIP code in Minnesota, or compare ZIP 55406 with another ZIP code.

Census figures describe residents as a group and cannot tell you about any one home or street. For a specific address, check local government and housing records.

About ZIP codes and ZCTAs: the Census Bureau publishes statistics for ZIP Code Tabulation Areas, which approximate USPS ZIP code delivery areas. Learn how they differ.

Sources

  • U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, detailed tables B01003, B01002, B11001, B19013, B19301, B17001, B23025, B15003, B25077, B25064, B25003, B08013, B08303, B08301, B03002 — snapshot Oct 26, 2026.
  • U.S. Census Bureau, 2020 ZCTA5 relationship files (county and place).
  • Data: U.S. Census Bureau, American Community Survey 5-year estimates (detailed tables) and 2020 Census ZCTA relationship files. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. These agencies do not endorse OpenZIP.