Minneapolis, MN cityscape

55402

Minneapolis, MN

Total Population
709
Median Household Income
$73,508
Median Home Value
-$666,666,666
Median Rent
$1,700

Quick Facts & Insights

Key metrics and how they compare

Household Income
$73,508
100.8% above state median
Home Value
-$666,666,666
4515.2% below state median
Rent
$1,700
100% above state median
Median Age
31.0 years

Data Sources & Accuracy

U.S. Census Bureau:Population, age, income, education, employment, and housing characteristics are from the American Community Survey (ACS) 5-Year Estimates (2018–2022 release).
Zillow (ZHVI):Typical home values reflect the Zillow Home Value Index (smoothed, seasonally adjusted), published monthly.

Estimates carry a margin of error and describe the ZIP-code area as a whole, not any individual property or block. See our methodology and data sources for details, or report a problem on our corrections page.

Do more with Minneapolis, MN 55402

Save this ZIP

Keep 55402 in your account to compare and revisit later — free.

Full ZIP report

Generate an in-depth, shareable report built from verified data for 55402.

New here? See report plans and pricing.

Location Map

Minneapolis, MN 55402

Loading map...

Demographics Overview

Population statistics from the U.S. Census Bureau (ACS 5-year estimates)

Key Demographic Insightsfor Minneapolis, MN

Median household income is 101% below state average, suggesting more affordable cost of living.

High education levels with 53.0% holding bachelor's degrees or higher, well above national average of 33%.

Young population with median age of 31.0 years, attracting young professionals and families.

Strong job market with unemployment rate of 0.0%, below national average.

High remote work adoption with 60.4% working from home.

Poverty rate of 25.2% is above national average of 11.5%.

Insights are derived from US Census Bureau data and may not reflect recent changes.

Household Income Distribution

Local Median Income
$73,508
-2.2% vs US
vs State Median
+-100.8%
State: $-9,260,947
Income Distribution
30.8%
Under $50k
18.5%
Over $100k
Lower Income
Middle Income
Higher Income
Data from US Census Bureau ACS 5-Year Estimates

Age Distribution

Population by age group

Household Income Breakdown

Households by income bracket

Education Levels (Age 25+)

Highest education attained

Race & Ethnicity

Demographic composition

Households & Employment

Household Types

Family composition breakdown

Average Household Size: 1.38 people

Total Households
429
Family Households
4.9%

Employment by Industry

Where residents work

#1 Industry
Finance
90.5%
#2 Industry
Manufacturing
6.3%
#3 Industry
Professional
3.2%
Total Employed Residents:158

Commute Patterns

How residents get to work

Short Commute
0.0%
Under 10 minutes
Long Commute
0.0%
Over 60 minutes
Work From Home
60.4%
267 workers
Public Transit
17.2%
76 workers
Total Commuting Workers:442
Commute Insights
High remote work adoption (60.4% work from home)
Good public transit usage (17.2% of workers)

Labor Force Statistics

Employment Rate
100.0%
549 employed
Labor Force
549
0 unemployed
Median Age
31.0 years
Per Capita Income
$57,063
Poverty Rate
25.2%

Nearby ZIP Codes

Explore surrounding areas