ZIP Code 55430 is associated with the city of Minneapolis in Minnesota (Hennepin County) in the U.S. Approximately 17% of the population lives below the poverty line, while the median househould income sits at $58,903. The median age in 55430 is estimated to at 32.2 years, and about 12.5% of residents are aged 62 years and older. About 85.7% of residents in this Minnesota region have a high school degree or higher, while the per capita income is estimated at $24,503. The current population estimate is 22,546.
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The median household income in ZIP Code 55430 is $58,903, while the region's mean household income is $68,503. Breaking income down further, per capita income in the region is $24,503. The per capita income in ZIP Code 55430 of $24,503 is approximately 34.88% less than the per capita income in the U.S. overall of $37,625. An estimated 16.9% of the population is living below the poverty line in this region. This rate is approximately77.89% higher than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 21.5% of the population in 55430 earn $50,000 to $74,999 per year, while an estimated 17.8% earn $75,000 to $99,999 per year, and 1.9% of 55430 residents earn $200,000 or more per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 5.1% |
| $10,000 to $14,999 per year | 5.5% |
| $15,000 to $24,999 per year | 8.9% |
| $25,000 to $34,999 per year | 9.6% |
| $35,000 to $49,999 per year | 12.9% |
| $50,000 to $74,999 per year | 21.5% |
| $75,000 to $99,999 per year | 17.8% |
| $100,000 to $149,999 per year | 12.6% |
| $150,000 to $199,999 per year | 4.3% |
| $200,000 or more per year | 1.9% |
In ZIP Code 55430, 85.7% of the population graduated high school, while 19.5% have a bachelor's degree or higher. In this region, 7.8% achieved an education level less than 9th grade, while 5.2% hold a graduate or professional degree. Approximately 30.2% in this Hennepin County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 7.8% |
| 9th to 12th grade, no diploma | 6.5% |
| High school graduate (includes equivalency) | 30.2% |
| Some college, no degree | 23.9% |
| Associate's degree | 12.0% |
| Bachelor's degree | 14.3% |
| Graduate or professional degree | 5.2% |
Looking at race in the population that makes up ZIP Code 55430, 94.8% is one race, while 5.2% are two or more races. Approximately 15.0% of 55430 residents are hispanic or Latino (of any race). The most common race in 55430 (race alone or in combination with one or more other races), is White (47.5%), followed by Black or African American (34.3%) .
| Industry | Percent |
|---|---|
| White | 47.5% |
| Black or African American | 34.3% |
| American Indian and Alaska Native | 1.8% |
| Asian | 13.8% |
| Native Hawaiian and Other Pacific Islander | 0.2% |
| Some other race | 8.4% |
Residents of ZIP Code 55430 are younger than average. The median age of 32.2 years in ZIP Code 55430 is approximately 15.49% lower than the overall median age in the U.S. of 38.1 years. About 71.3% of residents are aged 18 years and older, and 12.5% of residents are 62 years and over. Approximately 18.1% of the population in 55430 falls in the age group 25 to 34 years, while an estimated 14.1% are aged 35 to 44 years. On the low end of the scale, 1.5% of 55430 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 9.2% |
| 5 to 9 years | 8.9% |
| 10 to 14 years | 7.6% |
| 15 to 19 years | 4.7% |
| 20 to 24 years | 6.2% |
| 25 to 34 years | 18.1% |
| 35 to 44 years | 14.1% |
| 45 to 54 years | 11.2% |
| 55 to 59 years | 5.3% |
| 60 to 64 years | 5.1% |
| 65 to 74 years | 5.4% |
| 75 to 84 years | 2.7% |
| 85 years and over | 1.5% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 55430 is current access to health insurance, as an estimated 90.1% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 55430 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 90.1% |
| Risk Behavior | Percent of adults* |
|---|
Regarding the age of homes in ZIP Code 55430, an estimated 31.5% of homes were built between 1950 and 1959. Additionally, 23.0% of homes in the region were built between 1960 and 1969, while an estimated 0.1% of homes were built between 2010 and 2013 in this Hennepin County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 0.2% |
| Built between 2010 and 2013 | 0.1% |
| Built between 2000 and 2009 | 3.7% |
| Built between 1990 and 1999 | 3.5% |
| Built between 1980 and 1989 | 8.2% |
| Built between 1970 and 1979 | 14.5% |
| Built between 1960 and 1969 | 23.0% |
| Built between 1950 and 1959 | 31.5% |
| Built between 1940 and 1949 | 8.4% |
| Built in 1939 or earlier | 6.9% |
In 55430, 73.5% of the population is in the labor force. Recent estimates place 3.9% as working from home, while the total labor force in the region has a mean travel to time to work of 25.2 minutes. Approximately 23.3% of the employed population 16 years and over in 55430 work in educational services, and health care and social assistance, while an estimated 14.9% work in manufacturing. On the lower end of the scale, just 0.6% of 55430 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.6% |
| Construction | 6.6% |
| Manufacturing | 14.9% |
| Wholesale trade | 3.8% |
| Retail trade | 13.6% |
| Transportation and warehousing, and utilities | 3.6% |
| Information | 1.6% |
| Finance and insurance, and real estate and rental and leasing | 6.3% |
| Professional, scientific, management, and administrative | 9.8% |
| Educational services, and health care and social assistance | 23.3% |
| Arts, entertainment, and recreation, and accommodation and food services | 9.6% |
| Other services, except public administration | 3.6% |
| Public administration | 2.5% |
In ZIP Code 55430, 70.0% of the population lists "English only" as the language spoken in home, while 13.5% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 2.0% of homes, and other Indo-European languages are spoken in 11.2% of homes. Lastly, 3.4% 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 | 70.0% |
| Spanish | 13.5% |
| Other Indo-European languages | 2.0% |
| Asian and Pacific Islander languages | 11.2% |
| Other languages | 3.4% |
Regarding solar power potential, ZIP Code 55430 has an average daily solar radiation level of 4.88 kWh/m2/day. This is approximately 18.45% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 25.95% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 55430 | 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 55430 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 3.48 | 1.9 | 5.84 |
| Feb | 4.39 | 3 | 6.31 |
| Mar | 5.48 | 3.65 | 7.02 |
| Apr | 5.66 | 5.13 | 7.3 |
| May | 5.69 | 5.17 | 7.13 |
| Jun | 5.8 | 5.72 | 6.95 |
| Jul | 6.31 | 6.22 | 6.51 |
| Aug | 6.03 | 6.08 | 6.65 |
| Sep | 5.42 | 5.15 | 7.02 |
| Oct | 4.16 | 3.32 | 6.92 |
| Nov | 3.38 | 2.33 | 5.99 |
| Dec | 2.78 | 1.78 | 5.46 |