Comparison to Surrounding Areas
The median household income ($73,053) for 55405 is less than the median household income for 55401 ($113,522), 55416 ($105,958), 55422 ($93,914), Hennepin County ($97,653), and Minneapolis city ($80,846). But it's more than 55403 ($60,873), 55404 ($41,940), 55408 ($70,326), and 55411 ($60,225).
| 55405 | $73,053 |
| Minneapolis city | $80,846 |
| Hennepin County | $97,653 |
Get Median Household Income for all Zip Codes in Minnesota.
The average household income ($121,304) for 55405 is less than the average household income for 55401 ($153,197), 55416 ($143,601), 55422 ($128,327), and Hennepin County ($138,433). But it's more than 55403 ($103,648), 55404 ($62,567), 55408 ($98,219), 55411 ($78,116), and Minneapolis city ($115,325).
| 55405 | $121,304 |
| Minneapolis city | $115,325 |
| Hennepin County | $138,433 |
Get Average Household Income for all Zip Codes in Minnesota.
The per-capita income for 55405 is $58,852. The per capita income ($58,852) for 55405 is less than the per capita income for 55401 ($112,103), 55403 ($69,214), 55416 ($74,220), and Hennepin County ($59,401). But it's more than 55404 ($28,991), 55408 ($54,669), 55411 ($28,612), 55422 ($55,989), and Minneapolis city ($52,692).
| 55405 | $58,852 |
| Minneapolis city | $52,692 |
| Hennepin County | $59,401 |
Get Per-Capita Income for all Zip Codes in Minnesota.
15.2% of households make over $200,000 a year. The percent high income households (15.2%) for 55405 is less than the percent high income households for 55401 (19.2%), 55416 (20.6%), 55422 (15.5%), and Hennepin County (19.2%). But it's more than 55403 (10.2%), 55404 (5.5%), 55408 (9.6%), 55411 (5.2%), and Minneapolis city (14.2%).
| 55405 | 15.2% |
| Minneapolis city | 14.2% |
| Hennepin County | 19.2% |
Get High Income Households for all Zip Codes in Minnesota.
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 55405 | $37,423 | $82,581 | $79,306 | $65,682 |
| Minneapolis city | $42,698 | $93,068 | $93,023 | $57,598 |
| Hennepin County | $52,540 | $107,913 | $123,742 | $68,042 |
Get Median Household Income by Age of Householder for all Zip Codes in Minnesota.
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All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2024 5-year estimates. You can find this information and other demographics for 55405 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.
Margins of error for the income data are:
| Median Household Income | Average Household Income | Per Capita Income | High Income Households | Median Household Income by Age of Householder | ||||
|---|---|---|---|---|---|---|---|---|
| under 25 | 25 to 44 | 45 to 64 | 65+ | |||||
| 55405 | +/-$14,924 | +/-$15,007 | +/-$7,406 | +/-3.3% | +/-$7,934 | +/-$25,977 | +/-$20,641 | +/-$42,945 |
| Minneapolis city | +/-$1,824 | +/-$2,340 | +/-$1,074 | +/-0.6% | +/-$4,511 | +/-$2,050 | +/-$5,975 | +/-$2,923 |
| Hennepin County | +/-$1,190 | +/-$1,439 | +/-$663 | +/-0.3% | +/-$3,766 | +/-$1,614 | +/-$3,107 | +/-$1,513 |