ZIP Code Tabulation Area · Minnesota

ZIP Code 55408: Minneapolis, MN

ZIP Code 55408 (Minneapolis, Hennepin County, Minnesota) has an estimated 31,507 residents in 17,344 households. The median household income is $70,326, the median home value is $396,100 and the median gross rent is $1,364/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

31,507

Margin of error ±1,667

Median household income

$70,326

Margin of error ±$3,917

Median home value

$396,100

Margin of error ±$31,885

Median gross rent

$1,364/mo

Margin of error ±$57

Median age

30.9 yrs

Margin of error ±1.0 yrs

Mean travel time to work

24.0 min

Margin of error ±2.9 min

How ZIP 55408 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 5540830.9 yrsMinnesota38.8 yrsUnited States38.9 yrs

Median household income

ZIP 55408$70,326Minnesota$89,062United States$80,734

Per capita income

ZIP 55408$54,669Minnesota$48,237United States$44,673

Poverty rate

ZIP 5540816.4%Minnesota9.3%United States12.5%

Unemployment rate

ZIP 554087.4%Minnesota4.1%United States5.2%

Bachelor's degree or higher

ZIP 5540856.4%Minnesota39.4%United States35.7%

Median home value

ZIP 55408$396,100Minnesota$329,300United States$332,700

Median gross rent

ZIP 55408$1,364/moMinnesota$1,280/moUnited States$1,413/mo

Owner-occupied homes

ZIP 5540823.6%Minnesota72.2%United States65.2%

Mean travel time to work

ZIP 5540824.0 minMinnesota22.7 minUnited States26.4 min

Worked from home

ZIP 5540828.3%Minnesota17.6%United States15.1%

All figures for ZIP 55408

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 55408 — ACS 2020–2024 5-year estimates
MeasureZIP 55408Margin of errorMinnesotaUnited States
Total population31,507±1,6675,739,445334,922,499
Median age30.9 yrs±1.0 yrs38.8 yrs38.9 yrs
Households17,344±8092,307,955129,227,496
Median household income$70,326±$3,917$89,062$80,734
Per capita income$54,669±$3,405$48,237$44,673
Poverty rate16.4%±2.6 pts9.3%12.5%
Unemployment rate7.4%±1.9 pts4.1%5.2%
Bachelor's degree or higher56.4%±3.2 pts39.4%35.7%
Median home value$396,100±$31,885$329,300$332,700
Median gross rent$1,364/mo±$57$1,280/mo$1,413/mo
Owner-occupied homes23.6%±2.5 pts72.2%65.2%
Mean travel time to work24.0 min±2.9 min22.7 min26.4 min
Worked from home28.3%±3.4 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 55408
GroupZIP 55408MinnesotaUnited States
White alone, not Hispanic or Latino58.3%75.9%57.4%
Black or African American alone, not Hispanic or Latino18.6%6.9%11.9%
American Indian and Alaska Native alone, not Hispanic or Latino0.6%0.7%0.5%
Asian alone, not Hispanic or Latino4.5%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 Latino0.5%0.5%0.6%
Two or more races, not Hispanic or Latino5.1%4.5%4.3%
Hispanic or Latino (of any race)12.3%6.4%19.3%

Where ZIP 55408 is

State
Minnesota
Main county
Hennepin County
Largest overlapping place
Minneapolis (100% of the ZIP's land area)
Land area
2.69 sq mi· about 11,713 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, MN55406 Minneapolis, MN55407 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 55408 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.