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ZIP CODE TABULATION AREA

55406

Minnesota · 36,581 residents · 5.005 sq mi
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ZIP 55406 is wealthier than most US places, with a median household income of $93,910. Population has held roughly steady since 2024. 57% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $354,100. Among the 64 ZIP codes in Hennepin County, 55406 ranks 42nd by median household income.

$93,910
US average: $82,259
$354,100
US average: $376,019
57.3%
US average: 35.6%
Age, sex & households
Under 18
18.6%
Age 65+
15.7%
48.3%
51.7%
2.14 people
Race & ethnicity · 2024
2024
White, non-Hispanic67.9%(24,839)
Black13.8%(5,032)
Hispanic / Latino7.1%(2,611)
Asian2.7%(972)
Other8.5%(3,127)
Diversity Score63.4%(23,179)
Housing
Commute & vehicles
Work & employment
People & community
Affordability & inequality
Within Hennepin County
Income rank vs other ZIPs
LOWEST42ND OF 64HIGHEST
Adjacent ZIPs
55305$104,914
55311$153,568
55316$116,102
Frequently asked

How many people live in ZIP code 55406?

ZIP code 55406 has about 36,581 residents according to the 2024 American Community Survey.

What is the median household income in ZIP code 55406?

The typical household in ZIP code 55406 earns about $93,910 a year. Half of households make more than that, and half make less.

Is ZIP code 55406 expensive?

In ZIP code 55406, the median home is worth about $354,100, and the typical rent is about $1,281 a month.

How educated are people in ZIP code 55406?

About 57.3% of adults age 25 and over in ZIP code 55406 hold a bachelor's degree or higher.

What is the poverty rate in ZIP code 55406?

About 9.5% of people in ZIP code 55406 live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR · ZCTA · UPDATED 2024