Postal Codes

55406 ZIP Code

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ZIP code 55406 covers Minneapolis, Minnesota, with a population of about 35,863 and a median household income of $91,865.

Population
35,8637,165 per square mile
Median age
39.71 points above the US average
Median household income
$91,865about the Minnesota median
Poverty rate
8.2%4.2 points below the US average
Typical home value
$350,902up 5.6% in five years
Median rent
$1,276about the Minnesota median
Degree or higher
56%21 points above the US average
Homeownership
66.8%1.8 points above the US average
Time zone
Central UTC-06:00observes daylight saving time
Businesses
798

Where 55406 is

Minneapolis, Minnesota — the area the Census Bureau draws for this ZIP code. ZIP codes are sets of delivery routes rather than areas, so this is the Census approximation of one, not a Postal Service boundary.

People and households

American Community Survey 2019–2023 five-year estimates

Population35,863
Median age39.7
Family households50.8%
Born outside the US11.4%
Speaks a language other than English at home15.3%
White (non-Hispanic)69.7%
Black (non-Hispanic)12.4%
Asian (non-Hispanic)2.5%
Hispanic or Latino6.9%
Veterans4.3%
Population by age
MaleFemale0-45-910-1415-1920-2425-3435-4445-5455-6465-7475-8485+
Income and poverty

American Community Survey 2019–2023 five-year estimates

Median household income$91,865
Income per person$53,272
Poverty rate8.2%
Households on SNAP or cash assistance11.1%

Household income distribution

Under $10k4.0%
$10–15k2.3%
$15–20k3.3%
$20–25k2.3%
$25–30k3.2%
$30–35k3.1%
$35–40k1.8%
$40–45k2.2%
$45–50k3.0%
$50–60k5.6%
$60–75k10.4%
$75–100k13.1%
$100–125k12.5%
$125–150k7.7%
$150–200k11.1%
$200k or more14.3%

Income as declared to the IRS

Filed returns rather than survey responses, so this counts tax units and not households.

Tax returns filed18,510
Mean adjusted gross income$81,052
Returns declaring $200,000 or more6.4%
Returns, under $25k22.4%
Returns, $25k–$50k21.8%
Returns, $50k–$75k17.6%
Returns, $75k–$100k11.8%
Returns, $100k–$200k20.0%
Returns, $200k or more6.4%
Housing

American Community Survey 2019–2023 five-year estimates

Median home value$335,500
Median gross rent$1,276
Rent as a share of household income27%
Owner-occupied66.8%
Vacant homes4.5%
Median year built1938

What the homes are

Detached house62%
Attached house3.9%
2 to 4 units11.8%
5 to 19 units5.9%
20 or more units16.5%
Home values and rents today

Zillow Home Value Index and Zillow Observed Rent Index, courtesy of Zillow. Monthly and current, where the Census figures above are a five-year average and are capped at $2,000,000.

Typical home value$350,902as of 2026-07
Typical home value, 1 yearup 2.1%
Typical home value, 5 yearsup 5.6%
Typical home value, 10 yearsup 51.4%
Typical asking rent$1,497as of 2026-07
Typical asking rent, 1 yearup 1.3%
Typical asking rent, 5 yearsup 17.7%
Typical home value since 2000
200020132026$350,902$120,397

$120,397 in 2000 to $350,902 in 2026.

Typical asking rent
202120232026$1,497$1,272

$1,272 in 2021 to $1,497 in 2026.

Work, commuting and education

American Community Survey 2019–2023 five-year estimates

Unemployment rate5.3%
Bachelor's degree or higher56%
High school diploma or higher93.1%
Works from home25.8%
Drives to work alone53.4%
Takes public transport8.4%
Commutes 45 minutes or more7.3%
Health

CDC PLACES 2025 release, model-based estimates. These are modelled small-area estimates for adults, not counts of diagnosed cases.

Obesity28.5% 4.9 pts below the national average of 33.4%
Diagnosed diabetes7.9% 4.1 pts below the national average of 12%
Currently smokes11.8% 1.4 pts below the national average of 13.2%
High blood pressure28.2% 5.9 pts below the national average of 34.1%
Fair or poor general health14.6% 5.7 pts below the national average of 20.3%
No health insurance (18–64)7.7% 3.6 pts below the national average of 11.3%
Depression26.6% 4.7 pts above the national average of 21.9%
No leisure-time physical activity18.5% 6.9 pts below the national average of 25.4%
Arthritis18.4% 6.7 pts below the national average of 25.1%
Binge drinking19.1% 3.1 pts above the national average of 16%
Taking blood pressure medication71.5% 3.2 pts below the national average of 74.7%
Cancer (non-skin)7.3% same as the national average of 7.7%
Current asthma10% same as the national average of 10.4%
Coronary heart disease4.7% 1.5 pts below the national average of 6.2%
Routine check-up in past year74.3% 2.4 pts below the national average of 76.7%
Cholesterol screening86.3% same as the national average of 85.9%
Cognitive disability12.6% 2.2 pts below the national average of 14.8%
Colorectal screening69.5% 5.2 pts above the national average of 64.3%
COPD4.4% 2.2 pts below the national average of 6.6%
Visited a dentist68.3% 7 pts above the national average of 61.3%
Any disability24.6% 6.1 pts below the national average of 30.7%
Lacks emotional support21.3% 3.5 pts below the national average of 24.8%
Food insecurity12.1% 5 pts below the national average of 17.1%
Received food stamps9% 5.3 pts below the national average of 14.3%
Hearing disability5.3% 1.4 pts below the national average of 6.7%
High cholesterol31.8% 4.4 pts below the national average of 36.2%
Housing insecurity10.7% 3.1 pts below the national average of 13.8%
Independent living disability6.4% 2 pts below the national average of 8.4%
Lacks transport7.5% 1.7 pts below the national average of 9.2%
Loneliness32.5% 1.9 pts below the national average of 34.4%
Mammography use78.2% 2.3 pts above the national average of 75.9%
Poor mental health (14+ days)14.9% 1.9 pts below the national average of 16.8%
Mobility disability9.5% 4.5 pts below the national average of 14%
Poor physical health (14+ days)9.9% 3.6 pts below the national average of 13.5%
Self-care disability2.9% 1.1 pts below the national average of 4%
Utility shut-off threat6.5% 2.3 pts below the national average of 8.8%
Sleeps under 7 hours27.8% 8.6 pts below the national average of 36.4%
Stroke2.7% 0.7 pts below the national average of 3.4%
All natural teeth lost8.9% 4.1 pts below the national average of 13%
Vision disability3.7% 1.9 pts below the national average of 5.6%
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Business and employment

Census ZIP Code Business Patterns 2022

Business establishments798
People employed10,012
Annual payroll$399,356,000
Natural hazard risk

FEMA National Risk Index, estimated for this ZIP code from census tract data — the NRI is not published per ZIP.

Overall riskHigher than 26.9% of US census tracts
FEMA ratingVery Low to Relatively Moderate across the 13 census tracts this ZIP code covers
Expected annual loss32 out of 100
Community resilience97.1 out of 100

By hazard

Score is out of 100 and is the area-weighted average across the census tracts this ZIP code covers. The rating beside it is the highest any one of those tracts carries.

Cold wave82.7Relatively High at its worst in this ZIP code
Hail82.3Relatively High at its worst in this ZIP code
Heat wave72.1Relatively High at its worst in this ZIP code
Tornado70.9Relatively High at its worst in this ZIP code
Winter weather49.8Relatively Moderate at its worst in this ZIP code
Strong wind47.6Relatively Moderate at its worst in this ZIP code
Landslide38.1Very Low at its worst in this ZIP code
Lightning19.7Relatively Low at its worst in this ZIP code
River flooding19.7Relatively Moderate at its worst in this ZIP code
Wildfire11.5Very Low at its worst in this ZIP code
Ice storm8.6Very Low at its worst in this ZIP code
Earthquake2.1Very Low at its worst in this ZIP code
Compared with Minnesota and the United States

State and national columns are figures for those areas, not for this ZIP code. American Community Survey 2019–2023 five-year estimates

This ZIPMinnesotaUnited States
Median household income$91,865$87,556$78,538
Income per person$53,272$46,957$43,289
Poverty rate8.2%9.2%12.4%
Median home value$335,500$305,500$303,400
Median gross rent$1,276$1,235$1,348
Homeownership66.8%72.4%65%
Bachelor's degree or higher56%38.8%35%
Unemployment rate5.3%3.9%5.2%
Works from home25.8%15.8%13.5%
Born outside the US11.4%8.6%13.9%
Median age39.738.638.7
Climate

NOAA US Climate Normals 1991-2020, from the nearest weather station with a full year of records. The station and its distance are named above, because a station forty kilometres away describes somewhere else.

Weather stationLOWER ST ANTHONY FALLS, MN US4.9 km away
Rain in a year34 in

Average high and low by month

January21.7°F / 8.1°F0.95 in rain
February26.6°F / 12.2°F0.89 in rain
March40.2°F / 23.8°F1.65 in rain
April55.2°F / 36°F3.31 in rain
May69°F / 48.8°F4.34 in rain
June78.6°F / 58.5°F4.84 in rain
July83.1°F / 64.1°F4.58 in rain
August80.1°F / 61.9°F4.45 in rain
September71.7°F / 53.8°F3.38 in rain
October56°F / 40.5°F2.99 in rain
November39.7°F / 27°F1.71 in rain
December27°F / 15°F1.26 in rain
Access to food

USDA Food Access Research Atlas, estimated for this ZIP code from census tract data. Each figure is the share of the ZIP code's land area that falls in a tract carrying that flag.

Low income and far from a supermarketNone of this ZIP code
Far from a supermarketNone of this ZIP code
No vehicle and far from a supermarket26% of this ZIP code's area
School districts

NCES Geographic Relationship File 2025, which states the association between each district and each ZIP code tabulation area directly. Elementary and secondary districts can cover the same ground, so shares need not total 100%.

Minneapolis Public School District100% of this ZIP code's land area
Community and walkability

CDC/ATSDR Social Vulnerability Index 2022 and the EPA National Walkability Index, both estimated for this ZIP code from census tract data. Vulnerability figures are national percentile ranks, not measurements.

Overall social vulnerability36more vulnerable than 36% of US census tracts
Socioeconomic status36more vulnerable than 36% of US census tracts
Household characteristics31more vulnerable than 31% of US census tracts
Racial and ethnic minority status41more vulnerable than 41% of US census tracts
Housing type and transport45more vulnerable than 45% of US census tracts
Walkability15 out of 20Above average
Nearby ZIP codes

The closest ZIP codes by centre point, which is not the same as sharing a border.

55407 Minneapolis, MN2.6 km away
55454 Minneapolis, MN3.7 km away
55114 Saint Paul, MN3.8 km away
55417 Minneapolis, MN3.8 km away
55455 Minneapolis, MN4 km away
55404 Minneapolis, MN4.2 km away
55414 Minneapolis, MN4.4 km away
55105 Saint Paul, MN4.5 km away
Location, counties and time zone

County shares from Census 2020 ZCTA relationship files. Time zone from the USDOT National Transportation Atlas, which renders the boundaries written into 49 CFR Part 71.

Hennepin County100% of this ZIP code's land area
Time zoneCentral (UTC-06:00 standard)
Daylight saving timeObserved
Land area5.01 sq mi
Water area0.31 sq mi
Population density7,165 people per sq mi
Latitude, longitude44.9384, -93.2214

Figures are published for this ZIP code or its Census tabulation area unless a section says otherwise. Estimates whose margin of error made them unreliable are omitted rather than shown. Sources: US Census Bureau, CDC, IRS.

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