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ZIP CODE TABULATION AREA

55408

Minnesota · 31,507 residents · 2.687 sq mi
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ZIP 55408 has lower-than-average household income, with a median household income of $70,326. Population has held roughly steady since 2024. 56% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $396,100. At a median age of 30.9, residents skew younger than the country as a whole. Households here earn about 28% less than the Hennepin County median. Among the 64 ZIP codes in Hennepin County, 55408 ranks 56th by median household income.

$70,326
US average: $82,259
$396,100
US average: $376,019
56.4%
US average: 35.6%
Age, sex & households
Under 18
13.0%
Age 65+
8.0%
50.6%
49.4%
1.78 people
Race & ethnicity · 2024
2024
White, non-Hispanic58.3%(18,354)
Black18.6%(5,874)
Hispanic / Latino12.3%(3,890)
Asian4.5%(1,433)
Other6.2%(1,956)
Diversity Score75.6%(23,816)
Housing
Commute & vehicles
Work & employment
People & community
Affordability & inequality
Within Hennepin County
Income rank vs other ZIPs
LOWEST56TH OF 64HIGHEST
Adjacent ZIPs
55305$104,914
55311$153,568
55316$116,102
Frequently asked

How many people live in ZIP code 55408?

ZIP code 55408 has about 31,507 residents according to the 2024 American Community Survey.

What is the median household income in ZIP code 55408?

The typical household in ZIP code 55408 earns about $70,326 a year. Half of households make more than that, and half make less.

Is ZIP code 55408 expensive?

In ZIP code 55408, the median home is worth about $396,100, and the typical rent is about $1,364 a month.

How educated are people in ZIP code 55408?

About 56.4% of adults age 25 and over in ZIP code 55408 hold a bachelor's degree or higher.

What is the poverty rate in ZIP code 55408?

About 16.4% of people in ZIP code 55408 live below the federal poverty line.

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