Welcome to MINNEAPOLIS, MN 55407
55407 is a densely populated, urban zip code in Minneapolis, Minnesota. The population is racially diverse, and mostly single. At $199,000 the average home value here is a bit higher than average for the Minneapolis-St. Paul-Bloomington metro area, so this probably isn't the place to look for housing bargains.
The average family income here is $49,563/year. This is less than the national average of $70,000/year. However, the national average number is a little misleading because there are some very wealthy Americans earning $50 million a year or more. (Wouldn't that be nice!) This pushes the national average higher than in would be without those edge cases. The median household income in the US (median, meaning half of US households make more and half make less) is at about $50,000/year. Median family income in 55407 is $41,677.
An intersting fact about income: Men in 55407 earn an average of $27,245/year. Women earn only $25,103/year.
18,484 people in 55407 have jobs. This statistic includes anyone over the age of 16.
Are you thinking about moving to a neighborhood in 55407? You might be interested to know that the average commute time to work for people living here is not bad, only 23.6 minutes.
The median age here is 31. There are 19,036 men and 18,845 women. The median age for men is 31 while for women the median age is 31.
To give you a sense of the community, 14,872 people (out of the 37,881 people live here) have lived in their home at least 5 years. The Post Office delivers mail to 14,233 homes, and 766 businesses every day. 656 people ride bikes or walk to work on a fairly regular basis.
55407 Zip code is located in the Central time zone at 45 degrees latitude (Fun Fact: this is the same latitude as Belgrade, Serbia!) and -93 degrees longitude. It has an average elevation of 853 feet above sea levell.
Neighborhoods in Zip Code 55407
Worth Watching
Premier Neighborhoods How to Earn a Star
- 19th Ave Watch
- 2615 Park Avenue Neighbors
- Bancroft Neighbors
- Bryant Neighborhood Organization
- Central Neighborhood Assoc.
- Clearview Neighbors
- Corcoran Neighborhood Organization
- Field Regina Northrop Neighborhood Group
- Powderhorn Park Neighbors
- Standish Green Neighbors
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Other nearby neighborhoods
HOA Property Management Information in Minneapolis, MN
Find An HOA Property Manager
HOA Property Management Resources
- 5 Signs It's Time to Fire Your Association Manager
- How To Select the Right HOA Management Company
- Should You Hire An HOA Management Firm?
- How To Collect Delinquent HOA Dues and Fees
- Should Your HOA Invest Its Reserves?
- What Should You Expect from Your Management Company?
- Understanding Authority is Key to HOA Communication
Real Estate & Home Values in Minneapolis, MN
Average Home Value in 55407: $199,000
Home Buyer and Seller Resources
- Does Mortgage Aid Hurt Your Credit?
- Loan Modification: Is it Right for You?
- Should You Refinance Your Mortgage?
- First Time Homebuyers Guide
- Financial Assistance for First Time Homebuyers
- Do You Qualify for an FHA Loan?
- Homeowners insurance: What you need to know
- Home Maintenance Checklist
- What Is A Short Sale?
- What Is A Deed-In-Lieu?
- Reverse mortgage: the pros and cons
- How to Sell Your Home In a Down Market
- 2009 Mortgage Bailout Explained
- Obama Stimulus Plan FAQ
Instant Home Value!
Recent Home Value Searches
Demographics
- Total Population: 37,881
- White Population: 21,846
- Black Population: 7,878
- Hispanic Population: 10,542
- Asian Population: 1,332
- Hawaiian Population: 83
- Indian Population: 2,146
- Male Population: 19,036
- Female Population: 18,845
- Median Age: 31
- Median Age of Males: 31
- Median Age of Females: 31
Geography
- Region: Midwest
- Division: West North Central
- State: Minnesota
- CSA Name: Minneapolis-St. Paul-St. Cloud, MN-WI
- CBSA Type: Metropolitan
- CBSA Name: Minneapolis-St. Paul-Bloomington MN-WI
- County: Hennepin
- City: Minneapolis
- Longitude: -93.3
- Latitude: 44.9
- Elevation: 853 feet above sea levele
- Area code: 612/651/952
Marital Status
Average Age
The Commute to Work
- Total commuters: 17,837
- Drive alone: 11,084
- Carpool: 3,048
- Public transit: 2,905
- Ride bikes or walk: 656
- Average commute time: 23.6 minutes.
- 0 - 5: 194
- 5 - 9: 1,078
- 10 - 14: 2,378
- 15 - 19: 3,559
- 20 - 24: 3,892
- 25 - 29: 1,493
- 30 - 34: 2,916
- 35 - 39: 349
- 40 - 44: 568
- 45 - 59: 651
- 60 - 89: 428
- 90 plus: 331
The Economics
- Average House Value: $199,000
- Average Annual Household Income: $45,540
- Businesses: 608
- Employees: 13,451
- Annual Payroll: $730,867,000
- Average Family Income: $49,563
- Median Family Income: $37,462
- Average Income for Men: $27,245
- Average Income for Women: $25,103
The Politics
- Congressional District: 05
- Congressional District Land Area: 123.0
- Sr Senator: Al Franken (D)
- Jr Senator: Amy Klobuchar (D)
- US House Representative: Keith Ellison (D)
Other Stuff
- County FIPS Code: 053
- State FIPS Code: 27
Farmer's Markets in Zip Code 55407
Neighborhood Link provides free websites to thousands of farmer's markets across the US. If you notice a farmers market that isn't listed here yet, contact us and we'll set up a site right away!
Schools in 55407 Zip Code
View all schools in Minneapolis
- Primary Schools
- Andersen Elementary
- 2727 10th Avenue S
- Minneapolis, MN 55407
- (612) 668-4200
- Andersen Open Elementary
- 1098 Andersen Lane
- Minneapolis, MN 55407
- (612) 668-4250
- Bancroft Elementary
- 1315 E 38th Street
- Minneapolis, MN 55407
- (612) 668-3550
- Northrop Elementary
- 1611 E 46th Street
- Minneapolis, MN 55407
- (612) 668-4760
- Middle Schools
- Folwell Middle School
- 3611 20th Avenue S
- Minneapolis, MN 55407
- (612) 668-4550
- Volunteers Of America Middle
- 3400 Dupont Avenue S
- Minneapolis, MN 55407
- (612) 872-2400
- High Schools
- City Inc. North
- 1315 12th Avenue N
- Minneapolis, MN 55407
- (612) 377-9749
- El Colegio Charter School
- 4137 Bloomington Avenue S
- Minneapolis, MN 55407
- (612) 728-5728
- South Senior High
- 3131 19th Avenue S
- Minneapolis, MN 55407
- (612) 668-4300
- Other Schools
- Anishinabe Academy Elementary
- 2225 E Lake Street
- Minneapolis, MN 55407
- (612) 668-0880
- Basic Skills 4 Elementary Ts
- 807 Ne Broadway
- Minneapolis, MN 55407
- (612) 668-5300
- St. Joseph Children's Home
- 1121 E 46th Street
- Minneapolis, MN 55407
- (612) 827-9331
- Other Schools
- Basic Skills 5
- 225 E. Lake St.
- Minneapolis, MN 55407
- (612) 668-0176
- Basic Skills 5 Elem Ts
- 2225 E. Lake St.
- Minneapolis, MN 55407
- (612) 668-5363
- Benjamin Banneker Mid.
- 3322 Elliot Ave. S.
- Minneapolis, MN 55407
- (612) 668-4070
- Midtown Academy
- 2019 E. Lake St. Ste.7
- Minneapolis, MN 55407
- (612) 730-2071
- Powderhorn El.
- 3328 Elliot Ave. S.
- Minneapolis, MN 55407
- (612) 668-4100
Photos near Zip Code 55407, Minneapolis, MN
Sex Offender Information
For most citizens, the easiest method to obtain accurate and timely sex offender information for their local area is to visit their state sex offender registry website. States are required to provide this information for free. You do not need to pay for this information.
In the 55407 zip code, the registered sex offenders can be found at http://www.dps.state.mn.us/bca/Invest/Documents/Page-07.html. Please be sure to read all the disclaimers provided by the state.
For more information check out the resources listed below: