ZIP Code 55404 is associated with the city of Minneapolis in Minnesota (Hennepin County) in the U.S. Median househould income is approximately $30,585, and an estimated 32% of the population is living below the poverty line. The median age in 55404 is estimated to at 31.0 years, and about 13.9% of residents are aged 62 years and older. About 79.4% of residents in this Minnesota region have a high school degree or higher, while the per capita income is estimated at $24,194. The current population estimate is 26,963.
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The median household income in ZIP Code 55404 is $30,585, while the region's mean household income is $49,940. Breaking income down further, per capita income in the region is $24,194. The per capita income in ZIP Code 55404 of $24,194 is approximately 35.7% less than the per capita income in the U.S. overall of $37,625. An estimated 31.7% of the population is living below the poverty line in this region. This rate is approximately233.68% higher than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 15.2% of the population in 55404 earn less than $10,000 per year, while an estimated 15.2% earn $15,000 to $24,999 per year, and 2.1% of 55404 residents earn $150,000 to $199,999 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 15.2% |
| $10,000 to $14,999 per year | 12.9% |
| $15,000 to $24,999 per year | 15.2% |
| $25,000 to $34,999 per year | 10.9% |
| $35,000 to $49,999 per year | 13.3% |
| $50,000 to $74,999 per year | 13.4% |
| $75,000 to $99,999 per year | 7.0% |
| $100,000 to $149,999 per year | 6.8% |
| $150,000 to $199,999 per year | 2.1% |
| $200,000 or more per year | 3.1% |
In ZIP Code 55404, 79.4% of the population graduated high school, while 31.4% have a bachelor's degree or higher. In this region, 13.2% achieved an education level less than 9th grade, while 11.9% hold a graduate or professional degree. Approximately 20.2% in this Hennepin County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 13.2% |
| 9th to 12th grade, no diploma | 7.4% |
| High school graduate (includes equivalency) | 20.2% |
| Some college, no degree | 21.2% |
| Associate's degree | 6.6% |
| Bachelor's degree | 19.5% |
| Graduate or professional degree | 11.9% |
Looking at race in the population that makes up ZIP Code 55404, 94.9% is one race, while 5.1% are two or more races. Approximately 14.1% of 55404 residents are hispanic or Latino (of any race). The most common race in 55404 (race alone or in combination with one or more other races), is White (47.8%), followed by Black or African American (37.8%) .
| Industry | Percent |
|---|---|
| White | 47.8% |
| Black or African American | 37.8% |
| American Indian and Alaska Native | 6.6% |
| Asian | 5.3% |
| Native Hawaiian and Other Pacific Islander | 0.1% |
| Some other race | 7.4% |
Residents of ZIP Code 55404 are younger than average. The median age of 31.0 years in ZIP Code 55404 is approximately 18.64% lower than the overall median age in the U.S. of 38.1 years. About 79.8% of residents are aged 18 years and older, and 13.9% of residents are 62 years and over. Approximately 22.7% of the population in 55404 falls in the age group 25 to 34 years, while an estimated 12.1% are aged 35 to 44 years. On the low end of the scale, 2.1% of 55404 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 6.4% |
| 5 to 9 years | 5.4% |
| 10 to 14 years | 5.4% |
| 15 to 19 years | 7.4% |
| 20 to 24 years | 10.3% |
| 25 to 34 years | 22.7% |
| 35 to 44 years | 12.1% |
| 45 to 54 years | 9.3% |
| 55 to 59 years | 5.1% |
| 60 to 64 years | 4.9% |
| 65 to 74 years | 5.9% |
| 75 to 84 years | 2.8% |
| 85 years and over | 2.1% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 55404 is current access to health insurance, as an estimated 87% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 55404 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 87% |
| Risk Behavior | Percent of adults* |
|---|
Regarding the age of homes in ZIP Code 55404, an estimated 38.8% of homes were built in 1939 or earlier. Additionally, 15.5% of homes in the region were built between 1970 and 1979, while an estimated 1.0% of homes were built between 2010 and 2013 in this Hennepin County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 1.2% |
| Built between 2010 and 2013 | 1.0% |
| Built between 2000 and 2009 | 13.8% |
| Built between 1990 and 1999 | 4.9% |
| Built between 1980 and 1989 | 5.8% |
| Built between 1970 and 1979 | 15.5% |
| Built between 1960 and 1969 | 9.8% |
| Built between 1950 and 1959 | 6.0% |
| Built between 1940 and 1949 | 3.2% |
| Built in 1939 or earlier | 38.8% |
In 55404, 66.8% of the population is in the labor force. Recent estimates place 5.4% as working from home, while the total labor force in the region has a mean travel to time to work of 22.2 minutes. Approximately 28.0% of the employed population 16 years and over in 55404 work in educational services, and health care and social assistance, while an estimated 16.2% work in arts, entertainment, and recreation, and accommodation and food services. On the lower end of the scale, just 0.4% of 55404 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.4% |
| Construction | 2.9% |
| Manufacturing | 7.0% |
| Wholesale trade | 1.5% |
| Retail trade | 9.8% |
| Transportation and warehousing, and utilities | 6.0% |
| Information | 1.4% |
| Finance and insurance, and real estate and rental and leasing | 7.2% |
| Professional, scientific, management, and administrative | 13.1% |
| Educational services, and health care and social assistance | 28.0% |
| Arts, entertainment, and recreation, and accommodation and food services | 16.2% |
| Other services, except public administration | 4.7% |
| Public administration | 1.9% |
In ZIP Code 55404, 59.2% of the population lists "English only" as the language spoken in home, while 10.9% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 2.2% of homes, and other Indo-European languages are spoken in 2.9% of homes. Lastly, 24.9% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Hennepin County region.
| Language Spoken | Percent |
|---|---|
| English only | 59.2% |
| Spanish | 10.9% |
| Other Indo-European languages | 2.2% |
| Asian and Pacific Islander languages | 2.9% |
| Other languages | 24.9% |
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 55404 | 11.48¢/kWh | 8.73¢/kWh | 6.83¢/kWh |
| Minnesota | 17.1¢/kWh | 13.19¢/kWh | 9.79¢/kWh |
| United States | 18.07¢/kWh | 14.06¢/kWh | 9.02¢/kWh |
| Month | ZIP Code 55404 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 1.9 | 5.84 | |
| Feb | 3 | 6.31 | |
| Mar | 3.65 | 7.02 | |
| Apr | 5.13 | 7.3 | |
| May | 5.17 | 7.13 | |
| Jun | 5.72 | 6.95 | |
| Jul | 6.22 | 6.51 | |
| Aug | 6.08 | 6.65 | |
| Sep | 5.15 | 7.02 | |
| Oct | 3.32 | 6.92 | |
| Nov | 2.33 | 5.99 | |
| Dec | 1.78 | 5.46 |