55405 Zip Code Detailed Profile




Estimated zip code population in 2013: 15,449
Zip code population in 2010: 15,411
Zip code population in 2000: 15,909

Houses and condos: 7,863
Renter-occupied apartments: 4,694
% of renters here:

65%
State:

28%
Mar. 2013 cost of living index in zip code 55405: 117.3 (more than average, U.S. average is 100)

Land area: 2.8 sq. mi.
Water area: 0.2 sq. mi.
Population density: 5,569 people per square mile 
 
 (average).

Age and Sex of Residents in zip code 55405
Zip code 55405 (Minneapolis, Minnesota) real estate house value trends

Recent home sales, real estate maps, and home value estimator for zip code 55405

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Real estate property taxes paid for housing units in 2013:
This zip code:

1.5% ($4,820)
Minnesota:

1.2% ($2,148)
Median real estate property taxes paid for housing units with mortgages in 2013: $4,942 (1.5%)
Median real estate property taxes paid for housing units with no mortgage in 2013: $4,427 (1.4%)

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Males: 7,977  (51.6%)
Females: 7,472  (48.4%)

For population 25 years and over in 55405:

For population 15 years and over in 55405:

Zip code 55405 compared to state average:

  • Median house value above state average.
  • Black race population percentage significantly above state average.
  • Median age below state average.
  • Renting percentage significantly above state average.
  • Number of rooms per house below state average.
  • House age significantly above state average.
  • Percentage of population with a bachelor's degree or higher above state average.
  • Races in zip code 55405

  • Zip code 55405 races chart
    • 10,278White population
    • 2,512Black population
    • 153American Indian population
    • 1,023Asian population
    • 3Native Hawaiian and Other Pacific Islander population
    • 36Some other race population
    • 484Two or more races population
    • 922Hispanic or Latino population

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Data:
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Based on 2000-2013 data
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123
Hide US histogram

100% urban population.

Estimated median house/condo value in 2013: $316,200
55405:

$316,200
Minnesota:

$180,100



According to our research of Minnesota and other state lists there were 3 registered sex offenders living in 55405 zip code as of April 30, 2016.
The ratio of number of residents in zip code 55405 to the number of sex offenders is 5,125 to 1.


Median resident age:
This zip code:

30.6 years
Minnesota median age:

37.7 years
Average household size:
This zip code:

2.0 people
Minnesota:

2.5 people

Averages for the 2012 tax year for zip code 55405, filed in 2013:

Average Adjusted Gross Income (AGI) in 2012: $97,042 (Individual Income Tax Returns)
Here:

$97,042
State:

$67,192

Salary/wage: $73,918 (reported on 89.1% of returns)
Here:

$73,918
State:

$55,182
(% of AGI for various income ranges: 84.3% for AGIs below $25k, 90.9% for AGIs $25k-50k, 85.2% for AGIs $50k-75k, 75.8% for AGIs $75k-100k, 73.6% for AGIs $100k-200k, 58.4% for AGIs over 200k)

Taxable interest for individuals: $4,497 (reported on 32.1% of returns)
This zip code:

$4,497
Minnesota:

$1,664
(% of AGI for various income ranges: 0.6% for AGIs below $25k, 0.3% for AGIs $25k-50k, 0.6% for AGIs $50k-75k, 0.4% for AGIs $75k-100k, 1.6% for AGIs $100k-200k, 1.9% for AGIs over 200k)

Ordinary dividends: $16,382 (reported on 24.3% of returns)
Here:

$16,382
State:

$5,665
(% of AGI for various income ranges: 2.0% for AGIs below $25k, 0.8% for AGIs $25k-50k, 1.7% for AGIs $50k-75k, 2.0% for AGIs $75k-100k, 3.4% for AGIs $100k-200k, 5.5% for AGIs over 200k)

Net capital gain/loss in AGI: +$36,053 (reported on 20.5% of returns)
Here:

+$36,053
State:

+$16,131
(% of AGI for various income ranges: 0.2% for AGIs below $25k, 0.4% for AGIs $25k-50k, 0.9% for AGIs $50k-75k, 1.8% for AGIs $75k-100k, 4.1% for AGIs $100k-200k, 11.5% for AGIs over 200k)

Profit/loss from business: +$17,967 (reported on 18.1% of returns)
Here:

+$17,967
State:

+$12,430
(% of AGI for various income ranges: 8.8% for AGIs below $25k, 4.3% for AGIs $25k-50k, 4.0% for AGIs $50k-75k, 4.8% for AGIs $75k-100k, 3.8% for AGIs $100k-200k, 2.4% for AGIs over 200k)

Taxable individual retirement arrangement distribution: $27,028 (reported on 6.1% of returns)
55405:

$27,028
Minnesota:

$15,212
(% of AGI for various income ranges: 1.0% for AGIs below $25k, 1.0% for AGIs $25k-50k, 1.8% for AGIs $50k-75k, 3.4% for AGIs $75k-100k, 3.1% for AGIs $100k-200k, 1.5% for AGIs over 200k)

Self-employment retirement plans: $22,427 (reported on 1.8% of returns)
55405:

$22,427
Minnesota:

$17,874
(% of AGI for various income ranges: 0.3% for AGIs below $25k, 0.7% for AGIs $50k-75k, 0.4% for AGIs $100k-200k, 0.5% for AGIs over 200k)

Total itemized deductions: $46,485 (18% of AGI, reported on 29.4% of returns)
Here:

$46,485
State:

$24,665

Here:

17.8% of AGI
State:

19.6% of AGI
(% of AGI for various income ranges: 6.3% for AGIs below $25k, 5.7% for AGIs $25k-50k, 10.5% for AGIs $50k-75k, 15.8% for AGIs $75k-100k, 19.4% for AGIs $100k-200k, 15.5% for AGIs over 200k)

Charity contributions: $10,623 (reported on 24.8% of returns)
Here:

$10,623
State:

$3,948
(% of AGI for various income ranges: 0.3% for AGIs below $25k, 0.4% for AGIs $25k-50k, 0.9% for AGIs $50k-75k, 1.4% for AGIs $75k-100k, 2.1% for AGIs $100k-200k, 3.8% for AGIs over 200k)

Taxes paid: $24,054 (reported on 29.2% of returns)
55405:

$24,054
State:

$10,589
(% of AGI for various income ranges: 1.4% for AGIs below $25k, 1.7% for AGIs $25k-50k, 4.1% for AGIs $50k-75k, 7.3% for AGIs $75k-100k, 9.8% for AGIs $100k-200k, 8.6% for AGIs over 200k)

Earned income credit: $1,740 (reported on 14.3% of returns)
Here:

$1,740
State:

$2,037
(% of AGI for various income ranges: 4.3% for AGIs below $25k, 0.4% for AGIs $25k-50k)

Percentage of individuals using paid preparers for their 2012 taxes: 42.0%
Here:

42%
State:

55%
(% for various income ranges: 35.8% for AGIs below $25k, 33.8% for AGIs $25k-50k, 41.5% for AGIs $50k-75k, 51.1% for AGIs $75k-100k, 58.8% for AGIs $100k-200k, 81.7% for AGIs over 200k)

Averages for the 2004 tax year for zip code 55405, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $73,305 (Individual Income Tax Returns)
Here:

$73,305
State:

$53,560

Salary/wage: $53,503 (reported on 88.7% of returns)
Here:

$53,503
State:

$46,177
(% of AGI for various income ranges: 171.7% for AGIs below $10k, 89.0% for AGIs $10k-25k, 90.2% for AGIs $25k-50k, 82.5% for AGIs $50k-75k, 78.3% for AGIs $75k-100k, 52.8% for AGIs over 100k)

Taxable interest for individuals: $3,406 (reported on 35.0% of returns)
This zip code:

$3,406
Minnesota:

$1,796
(% of AGI for various income ranges: 6.2% for AGIs below $10k, 1.0% for AGIs $10k-25k, 0.7% for AGIs $25k-50k, 1.4% for AGIs $50k-75k, 1.4% for AGIs $75k-100k, 1.9% for AGIs over 100k)

Taxable dividends: $11,080 (reported on 27.2% of returns)
Here:

$11,080
State:

$3,096
(% of AGI for various income ranges: 10.0% for AGIs below $10k, 1.3% for AGIs $10k-25k, 0.9% for AGIs $25k-50k, 1.4% for AGIs $50k-75k, 2.8% for AGIs $75k-100k, 5.4% for AGIs over 100k)

Net capital gain/loss: +$34,511 (reported on 22.4% of returns)
Here:

+$34,511
State:

+$10,864
(% of AGI for various income ranges: -1.4% for AGIs below $10k, 0.5% for AGIs $10k-25k, 0.9% for AGIs $25k-50k, 1.4% for AGIs $50k-75k, 2.0% for AGIs $75k-100k, 15.4% for AGIs over 100k)

Profit/loss from business: +$16,589 (reported on 17.0% of returns)
Here:

+$16,589
State:

+$10,442
(% of AGI for various income ranges: 11.9% for AGIs below $10k, 5.3% for AGIs $10k-25k, 4.3% for AGIs $25k-50k, 4.5% for AGIs $50k-75k, 5.4% for AGIs $75k-100k, 3.4% for AGIs over 100k)

IRA payment deduction: $2,525 (reported on 2.1% of returns)
55405:

$2,525
Minnesota:

$2,955
(% of AGI for various income ranges: 0.5% for AGIs below $10k, 0.2% for AGIs $10k-25k, 0.2% for AGIs $25k-50k, 0.2% for AGIs $50k-75k, 0.0% for AGIs over 100k)

Self-employed pension: $16,282 (reported on 2.4% of returns)
Here:

$16,282
Minnesota:

$12,099
(% of AGI for various income ranges: 0.1% for AGIs $10k-25k, 0.3% for AGIs $25k-50k, 0.4% for AGIs $50k-75k, 0.6% for AGIs $75k-100k, 0.6% for AGIs over 100k)

Total itemized deductions: $37,242 (19% of AGI, reported on 30.1% of returns)
Here:

$37,242
State:

$20,035

Here:

19.5% of AGI
State:

21.3% of AGI
(% of AGI for various income ranges: 19.1% for AGIs below $10k, 6.5% for AGIs $10k-25k, 7.8% for AGIs $25k-50k, 16.7% for AGIs $50k-75k, 20.9% for AGIs $75k-100k, 17.2% for AGIs over 100k)

Charity contributions deductions: $12,158 (6% of AGI, reported on 26.3% of returns)
Here:

$12,158
State:

$3,333

Here:

5.8% of AGI
State:

3.4% of AGI
(% of AGI for various income ranges: 1.0% for AGIs below $10k, 0.5% for AGIs $10k-25k, 0.8% for AGIs $25k-50k, 1.8% for AGIs $50k-75k, 2.9% for AGIs $75k-100k, 5.9% for AGIs over 100k)

Total tax: $15,995 (reported on 80.4% of returns)
55405:

$15,995
State:

$8,485
(% of AGI for various income ranges: 4.4% for AGIs below $10k, 5.4% for AGIs $10k-25k, 9.6% for AGIs $25k-50k, 11.8% for AGIs $50k-75k, 11.9% for AGIs $75k-100k, 21.6% for AGIs over 100k)

Earned income credit: $1,366 (reported on 13.2% of returns)
Here:

$1,366
State:

$1,523

Percentage of individuals using paid preparers for their 2004 taxes: 47.2%
Here:

47%
State:

59%
(% for various income ranges: 48.3% for AGIs below $10k, 43.1% for AGIs $10k-25k, 37.8% for AGIs $25k-50k, 49.9% for AGIs $50k-75k, 55.5% for AGIs $75k-100k, 73.5% for AGIs over 100k)

Estimated median household income in 2013:
This zip code:

$48,913
Minnesota:

$60,702
Minneapolis, MN (55405) map Nearest zip codes: 55403, 55411, 55402, 55408, 55401, 55416.
Percentage of family households:
This zip code:

31.5%
Minnesota:

50.8%
Percentage of households with unmarried partners:
This zip code:

7.8%
Minnesota:

6.7%
Likely homosexual households (counted as self-reported same-sex unmarried-partner households)

Household received Food Stamps/SNAP in the past 12 months: 1,000
Household did not receive Food Stamps/SNAP in the past 12 months: 6,241


Women who had a birth in the past 12 months: 263 (108 now married, 155 unmarried)
Women who did not have a birth in the past 12 months: 4,444 (1,091 now married, 3,353 unmarried)


Housing units in zip code 55405 with a mortgage: 1,967 (156 second mortgage, 420 home equity loan, 9 both second mortgage and home equity loan)
Houses without a mortgage: 580

Median monthly owner costs for units with a mortgage: $2,317
Median monthly owner costs for units without a mortgage: S727

Residents with income below the poverty level in 2013:
This zip code:

21.6%
Whole state:

11.2%
Residents with income below 50% of the poverty level in 2013:
This zip code:

10.8%
Whole state:

6.3%
Median number of rooms in houses and condos:
Here:

7.4
State:

7.0
Median number of rooms in apartments:
Here:

3.7
State:

4.0
  • Notable locations in this zip code not listed on our city pages

  • Click to draw/clear zip code borders
  • Notable locations in zip code 55405: Minneapolis Farmers Market (A), Minneapolis Fire Department Station 16 (B), Minneapolis Community and Technical College Transportation Center (C), International Market Square (D), Glenwood-Evergreen Building (E). Display/hide their locations on the map

    Churches in zip code 55405 include: Seventh Day Adventist Church (A), Redeemer Lutheran Church (B), Pentecostal Assembly Church (C), Minneapolis Central Church (D), Lao Evangelical Lutheran Church (E), Bryn Mawr Presbyterian Church (F), Joint Heirs With Christ Church (G). Display/hide their locations on the map

    Lakes: Birch Pond (A), Lake of the Isles (B). Display/hide their locations on the map

    Parks in zip code 55405 include: Harrison Park (1), Kenwood Park (2), Mueller Park (3), Bassett Creek Park (4), Bryn Mawr Meadows (5). Display/hide their locations on the map

Year house built

  • 292010 or later
  • 5422000 to 2009
  • 2111990 to 1999
  • 1591980 to 1989
  • 7631970 to 1979
  • 7971960 to 1969
  • 4501950 to 1959
  • 4401940 to 1949
  • 4,4721939 or earlier

Zip code 55405 satellite photo by USGS

Owner-occupied Renter-occupied

Bedrooms in owner-occupied houses and condos in Minneapolis, MN (55405)

  • 0no bedroom
  • 2221 bedroom
  • 6732 bedrooms
  • 8323 bedrooms
  • 4864 bedrooms
  • 3345+ bedrooms

Bedrooms in renter-occupied apartments in Minneapolis, MN (55405)

  • 370no bedroom
  • 2,1851 bedroom
  • 1,3532 bedrooms
  • 4993 bedrooms
  • 1824 bedrooms
  • 1055+ bedrooms
Owner-occupied Renter-occupied

Cars and other vehicles available in Minneapolis, MN (55405) in owner-occupied houses/condos

  • 97no vehicle
  • 8671 vehicle
  • 1,1732 vehicles
  • 4103 vehicles
  • 04 vehicles
  • 05+ vehicles

Cars and other vehicles available in Minneapolis, MN (55405) in renter-occupied apartments

  • 1,267no vehicle
  • 2,3101 vehicle
  • 9282 vehicles
  • 573 vehicles
  • 1174 vehicles
  • 155+ vehicles

Median gross rent in 2013: $809.


Median price asked for vacant for-sale houses and condos in 2013: $301,701.

Estimated median house (or condo) value in 2013 for:


Estimated median house or condo value in 2013: $316,200
55405:

$316,200
Minnesota:

$180,100
Lower value quartile - upper value quartile: $202,100 - $572,100

Mean price in 2013:

Detached houses: $529,645
Here:

$529,645
State:

$229,257

Townhouses or other attached units: $355,445
Here:

$355,445
State:

$168,477

In 2-unit structures: $342,955
Here:

$342,955
State:

$168,680

In 3-to-4-unit structures: $214,207
Here:

$214,207
State:

$142,494

In 5-or-more-unit structures: $173,448
Here:

$173,448
State:

$160,166

Owners and renters by unit type in %

Housing units in structures:


Unemployment: 8.0%

Neighborhoods in zip code 55405:

Percentage of zip code residents living and working in this county: 84.1%

Household type by relationship:

Households: 14,788

Size of family households: 1,419 2-persons, 524 3-persons, 515 4-persons, 139 5-persons, 62 6-persons, 51 7-or-more-persons

Size of nonfamily households: 3,129 1-person, 1,095 2-persons, 144 3-persons, 148 4-persons, 15 6-persons

1,169 married couples with children.
1,068 single-parent households (356 men, 712 women).

87.5% of residents of 55405 zip code speak English at home.
5.3% of residents speak Spanish at home (77% very well, 7% well, 16% not well).
2.4% of residents speak other Indo-European language at home (85% very well, 7% well, 8% not well).
1.1% of residents speak Asian or Pacific Island language at home (62% very well, 22% well, 9% not well, 7% not at all).
3.8% of residents speak other language at home (63% very well, 16% well, 16% not well, 5% not at all).

Foreign born population: 1,313 (8.5%)
(40.1% of them are naturalized citizens)
This zip code:

8.5%
Whole state:

7.4%

Most common places of birth for the foreign-born residents

  • 20%Other Eastern Africa
  • 13%Ethiopia
  • 10%Mexico
  • 6%Korea
  • 5%India
  • 5%Switzerland
  • 5%Ecuador

Most common first ancestries reported in 55405 (%)

  • 24%Other groups
  • 15%German
  • 7%Norwegian
  • 6%Irish
  • 5%Swedish
  • 4%African
  • 4%European

Year of entry for the foreign-born population

  • 2102010 or later
  • 4702000 to 2009
  • 3591990 to 1999
  • 351Before 1990

Public high school in zip code 55405 not listed on the city page:

  • HARRISON EDUCATION CNTR (Students: 50; Location: 501 IRVING AVE. N., MINNEAPOLIS, MN; Grades: 09 - 12)

Zip code 55405 topographic map

Public primary/middle schools in zip code 55405 not listed on the city page:

  • JEFFERSON EL. (Students: 589; Location: 1200 W. 26TH ST., MINNEAPOLIS, MN; Grades: PK - 08)
  • BRYN MAWR EL. (Students: 471; Location: 252 UPTON AVE. S., MINNEAPOLIS, MN; Grades: PK - 05)
  • WEST CENTRAL EL. ACADEMY (Students: 415; Location: 1510 GLENWOOD AVE., MINNEAPOLIS, MN; Grades: KG - 08)
  • KENWOOD EL. (Students: 275; Location: 2013 PENN AVE. S., MINNEAPOLIS, MN; Grades: KG - 05)
  • SPEC. ED. (Location: 925 DELAWARE, MINNEAPOLIS, MN; Grades: 00 - 00)
There are 98 Medical Specialists in Zip Code 55405.

Major facilities with environmental interests located in this zip code:


Zip code 55405 marital status for males
Zip code 55405 marital status for females

Housing units lacking complete plumbing facilities: 2.3%
Housing units lacking complete kitchen facilities: 2.4%

Most commonly used house heating fuel

  • 81%Utility gas
  • 13%Electricity
  • 2%Bottled, tank, or LP gas
  • 1%Other fuel
  • 1%No fuel used
  • 1%Fuel oil, kerosene, etc.

Population in 1990: 16,148. Population change in the 1990s: -239 (-1.5%).

Place of birth for U.S.-born residents:


39% of the 55405 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 54% lived in this county.
   Out of people who lived in different counties, 50% lived in Minnesota.

77% of the 55405 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 72% moved from this county.
   Out of people who lived in different houses, 12% moved from different county within same state.
   Out of people who lived in different houses, 15% moved from different state.
   Out of people who lived in different houses, 1% moved from abroad.

Year Householders Moved Into Unit

Private vs. public school enrollment:

Students in private schools in grades 1 to 8 (elementary and middle school): 156
Here:

14.0%
Minnesota:

11.3%
Students in private schools in grades 9 to 12 (high school): 80
Here:

15.8%
Minnesota:

8.3%
Students in private undergraduate colleges: 156
Here:

20.5%
Minnesota:

23.1%

Educational Attainment (%)

School Enrollment by Level of School (%)

Class of Workers (%)

Occupation by median earnings in the past 12 months ($)

  • 77,460Health diagnosing and treating practitioners and other technical occupations
  • 75,962Management occupations
  • 61,691Life, physical, and social science occupations
  • 57,279Computer and mathematical occupations
  • 48,359Business and financial operations occupations
  • 42,778Construction and extraction occupations

Companies with federal contracts located in this zip code:

Top industries in this zip code by the number of employees in 2005:


Age and Sex of Sensory-Disabled Residents (Noninstitutionalized)

Age and Sex of Physically-Disabled Residents (Noninstitutionalized)

Age and Sex of Mentally-Disabled Residents (Noninstitutionalized)

Age and Sex of Self-Care Disabled Residents (Noninstitutionalized)

Age and Sex of Go-Outside-Home Disabled Residents (Noninstitutionalized)

Age and Sex of Residents with Employment Disability (Noninstitutionalized)

People in group quarters in 2010:

  • 458 people in emergency and transitional shelters (with sleeping facilities) for people experiencing homelessness
  • 317 people in other noninstitutional facilities
  • 100 people in nursing facilities/skilled-nursing facilities
  • 69 people in group homes intended for adults
  • 10 people in residential treatment centers for juveniles (non-correctional)

People in group quarters in 2000:

  • 582 people in other noninstitutional group quarters
  • 176 people in nursing homes
  • 152 people in homes for the mentally ill
  • 63 people in other group homes
  • 8 people in homes or halfway houses for drug/alcohol abuse
Home Mortgage Disclosure Act Aggregated Statistics For Year 2009
(Based on 2 full and 18 partial tracts)
A) FHA, FSA/RHS & VA
Home Purchase Loans
B) Conventional
Home Purchase Loans
C) Refinancings
D) Home Improvement Loans
E) Loans on Dwellings For 5+ Families
F) Non-occupant Loans on
< 5 Family Dwellings (A B C & D)
NumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage Value
LOANS ORIGINATED91$193,394203$271,084587$285,19641$216,25315$707,85562$160,675
APPLICATIONS APPROVED, NOT ACCEPTED7$172,05716$273,01358$236,7926$166,5570$05$194,958
APPLICATIONS DENIED5$218,31229$308,262164$304,46925$30,2840$014$212,558
APPLICATIONS WITHDRAWN12$181,22328$212,824146$273,07514$115,0740$015$194,560
FILES CLOSED FOR INCOMPLETENESS1$268,5505$359,60024$227,2071$20,3300$03$124,860
Private Mortgage Insurance Companies Aggregated Statistics For Year 2009
(Based on 2 full and 18 partial tracts)
A) Conventional
Home Purchase Loans
B) Refinancings
NumberAverage ValueNumberAverage Value
LOANS ORIGINATED38$211,98115$249,500
APPLICATIONS APPROVED, NOT ACCEPTED6$183,5232$116,230
APPLICATIONS DENIED7$182,6011$296,360
APPLICATIONS WITHDRAWN3$320,7770$0
FILES CLOSED FOR INCOMPLETENESS1$361,5900$0

Conventional Home Purchase Loans

Conventional Home Purchase Loans - Value

Most common first names in zip code 55405 among deceased individuals
NameCountLived (average)
John11873.9 years
William6976.5 years
Mary6779.8 years
Robert5868.0 years
James5869.2 years
Helen4881.2 years
George4877.2 years
Margaret4479.8 years
Anna4486.0 years
Edward4074.6 years
Most common last names in zip code 55405 among deceased individuals
Last nameCountLived (average)
Johnson8374.4 years
Anderson5277.1 years
Peterson4179.4 years
Smith3571.9 years
Nelson3174.9 years
Olson3178.3 years
Erickson3079.0 years
Larson2978.8 years
Carlson1974.2 years
Williams1873.5 years
Businesses in zip code 55405
NameCountNameCount
Blockbuster1Papa John's Pizza1
Caribou Coffee2Pizza Hut1
FedEx1Starbucks1
Lane Furniture1Walgreens1
Nike1

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