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ZIP CODE TABULATION AREA

55407

Minnesota · 37,667 residents · 4.01 sq mi
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With 37,667 people, ZIP 55407 is a ZIP code in Hennepin County. There are 9,384 people per square mile. 49% of adults hold a bachelor's degree, against 36% nationally. The median age is 33.8, younger than the US median of 38.9. Households here earn about 20% less than in Hennepin County as a whole. 59% of homes are owner-occupied. Among the 64 ZIP codes in Hennepin County, 55407 ranks 50th by median household income.

$78,464
US average: $82,259
$40,979
US average: $44,673
$335,400
US average: $376,019
49.0%
US average: 35.6%
Land area
4.01 sq mi
Age, sex & households
Under 18
24.8%
Age 65+
9.5%
50.0%
50.0%
2.51 people
Race & ethnicity · 2024
2024
White, non-Hispanic49.7%(18,724)
Black17.7%(6,662)
Hispanic / Latino23.5%(8,842)
Asian2.1%(806)
Other7%(2,633)
83
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
Housing
4.3
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Within Hennepin County
Income rank vs other ZIPs
LOWEST50TH OF 64HIGHEST
Adjacent ZIPs
55305$104,914
55311$153,568
55316$116,102
Frequently asked

How many people live in ZIP code 55407?

ZIP code 55407 has about 37,667 residents according to the 2024 American Community Survey.

What is the median household income in ZIP code 55407?

The typical household in ZIP code 55407 earns about $78,464 a year. Half of households make more than that, and half make less.

Is ZIP code 55407 expensive?

In ZIP code 55407, the median home is worth about $335,400, and the typical rent is about $1,291 a month.

How educated are people in ZIP code 55407?

About 49.0% of adults age 25 and over in ZIP code 55407 hold a bachelor's degree or higher.

What is the poverty rate in ZIP code 55407?

About 17.4% of people in ZIP code 55407 live below the federal poverty line.

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