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AREA INFORMATION

55404 (Minneapolis, MN)

Explore the real estate in 55404 (Minneapolis, MN)

Area Highlights

55404 (Minneapolis, MN) residents have a median age of 31.4 years old, with employment highest in the personal care and healthcare practitioners industries.

29,167 Population

13,732 Households

$44,108 /yr
Median Household Income

$264,500
Median Home Sale Price

21m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

31.4 Median Age

Average Household Size

1.9
persons per
household

16%

Married Households

Community Population By Education

Bachelors Degree 24%
Some High School 20%
Some College 19%
High School Graduate 18%
Graduate Degree 12%
Associates Degree 7%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 23.99% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
19.1% of households have children

Economics

$44,108 /yr
Median Household Income
$264,500
Median Sales Price
21 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Under $15k representing 22.59% of the households.

Transportation to Work

  • Drive 52%
  • Walk or Bike 20%
  • Public Transit 16%
  • Work from Home 12%

Occupancy by Type

Rented 11,375 77%
Owned 2,357 16%
Vacant 1,042 7%

White vs Blue Collar Jobs







White Collar 79%
Blue Collar 21%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 31.4 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

Black 37%
White 36%
Hispanic 14%
Other 9%
Native American 6%
Asian 4%
The most prevalent ethnicity is Black at 37%, followed by White at 36%, Hispanic at 14%, and Other at 9%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

84° July
Hottest Average Month
3° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
3°
22°
Feb
9°
28°
Mar
21°
40°
Apr
35°
57°
May
47°
71°
Jun
57°
80°
Jul
62°
84°
Aug
60°
82°
Sep
51°
72°
Oct
39°
60°
Nov
25°
41°
Dec
11°
27°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$89,900
For sale
2 beds • 1 baths • 730 sqft

1801 Elliot Avenue 5
Minneapolis, MN 55404

$113,000
For sale
1 baths • 520 sqft

2201 3rd Avenue S 206
Minneapolis, MN 55404

$449,900
For sale
2 beds • 2 baths • 1,532 sqft

500 E Grant Street 1502
Minneapolis, MN 55404

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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