AREA INFORMATION
55407 (Minneapolis, MN)
Explore the real estate in 55407 (Minneapolis, MN)
Area Highlights
55407 (Minneapolis, MN) residents have a median age of 32.8 years old, with employment highest in the healthcare practitioners and administrative support industries.
36,845 Population
14,580 Households
$73,527 /yr
Median Household Income
$345,000
Median Home Sale Price
23m Median Commute Time
Most people in this area drive to work.
Area Map
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CHOOSE DEMOGRAPHIC
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
Average Household Size
household
37.4%
Community Population By Education
| Bachelors Degree | 32% |
| Graduate Degree | 17% |
| Some College | 16% |
| High School Graduate | 14% |
| Some High School | 13% |
| Associates Degree | 8% |
Household Family Expenses vs National Average
Area Schools
Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
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Find a Local AgentEconomics
Household Expenses vs National Average
Household by Income
Transportation to Work
- Drive 65%
- Work from Home 17%
- Public Transit 10%
- Walk or Bike 9%
Occupancy by Type
| Owned | 8,946 | 59% |
| Rented | 5,634 | 37% |
| Vacant | 666 | 4% |
White vs Blue Collar Jobs
| White Collar | 83% |
| Blue Collar | 17% |
Employment
Employees by Industry
Employees by Occupation
Demographics
Community Population By Age
Community Population By Ethnicity
| White | 47% |
| Hispanic | 25% |
| Black | 19% |
| Other | 17% |
| Native American | 3% |
| Asian | 3% |
Crime & Pollution
Crime vs National Average
Pollution vs National Average
Weather
Severe Weather
Average Temperature by Month
Average Temperature in Degrees Fahrenheit
Precipitation
| Precipitation (inch) |
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* 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.
