ZIP Code 55414 Demographics

Hennepin County, Minnesota  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 55414 compared to county averages.

Total Population

33,342

↓ 97.4% vs county

Median HH Income

$47,479

↓ 48.7% vs county

Median Home Value

$426,300

↑ +19.1% vs county

Median Age

22.8 yrs

↑ 38.7% vs county

Unemployment Rate

5.5%

↓ +26.9% vs county

Income & Housing Comparison

How ZIP 55414 compares to Hennepin County and Minnesota overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 55414 $47k Hennepin $93k Minnesota $84k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 55414 $426k Hennepin $358k Minnesota $287k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

38.1%

of adults 25+ hold a bachelor's degree or higher

Owner Occupancy

16.4%

of occupied housing units are owner-occupied

Median Gross Rent

$1,388

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 55414 using local Census metrics.

Median Home Value$426,300
Down Payment (20%)$85,260
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$2,706P&I: $2156 | Tax: $426 | Ins: $124
Rent (Local Median)
$1,388
Renting is CheaperRenting is estimated to save you $1,318/month compared to buying costs.

How Does 55414 Compare?

Enter another ZIP code to see a side-by-side comparison.

Location & Neighboring Areas

Interactive map showing ZIP code 55414 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 55414, sorted by distance.

55455 0.5 mi away hennepin county 55454 1.0 mi away hennepin county 55413 1.6 mi away hennepin county 55415 1.6 mi away hennepin county 55114 1.8 mi away ramsey county 55404 2.1 mi away hennepin county 55401 2.1 mi away hennepin county 55402 2.2 mi away hennepin county

About Hennepin County

Hennepin County is located in Minnesota and has a total population of 1,270,787. The county's median household income is $92,595 and median home value is $358,000. ZIP code 55414 is one of many ZCTAs within this county.

View all ZIP codes in Hennepin County

Data source: American Community Survey (ACS) 2022 5-Year Estimates, U.S. Census Bureau. ZCTAs (ZIP Code Tabulation Areas) are used as proxies for USPS ZIP codes. Some USPS ZIP codes may not have a corresponding ZCTA.