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AREA INFORMATION

55420 (Minneapolis, MN)

Explore the real estate in 55420 (Minneapolis, MN)

Area Highlights

55420 (Minneapolis, MN) residents have a median age of 40.8 years old, with employment highest in the administrative support and sales industries.

23,632 Population

9,834 Households

$70,954 /yr
Median Household Income

$336,500
Median Home Sale Price

21m Median Commute Time

Most people in this area drive to work.

Area Map

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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

40.8 Median Age

Average Household Size

2.4
persons per
household

39.9%

Married Households

Community Population By Education

High School Graduate 25%
Bachelors Degree 23%
Some College 21%
Associates Degree 12%
Some High School 11%
Graduate Degree 8%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 25% 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)
30.3% of households have children

Area Schools

9-12
0.6 MILES
Beacon Alp Intermediate School
9-12
0.6 MILES
D+
Kennedy High School
9-12
0.6 MILES
D
Beacon Alp
KG-5
0.6 MILES
D
Valley View Elementary School
6-8
0.6 MILES
C
Valley View Middle School
KG-5
1.1 MILES
C
Indian Mounds Elementary School
PK-8
1.1 MILES
Nativity Of Mary School
KG-7
1.4 MILES
D+
Success Academy

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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Economics

$70,954 /yr
Median Household Income
$336,500
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 $50-74,999k representing 15.97% of the households.

Transportation to Work

  • Drive 78%
  • Work from Home 12%
  • Public Transit 7%
  • Walk or Bike 3%

Occupancy by Type

Owned 6,325 62%
Rented 3,509 35%
Vacant 332 3%

White vs Blue Collar Jobs







White Collar 74%
Blue Collar 26%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 40.8 years old. The smallest percentage group is 35-44 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 56%
Hispanic 16%
Black 14%
Other 11%
Asian 8%
Native American 1%
The most prevalent ethnicity is White at 56%, followed by Hispanic at 16%, Black at 14%, and Other at 11%.

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
4° 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
4°
23°
Feb
9°
28°
Mar
21°
40°
Apr
35°
57°
May
47°
70°
Jun
57°
79°
Jul
62°
84°
Aug
60°
81°
Sep
51°
72°
Oct
40°
60°
Nov
25°
41°
Dec
11°
28°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$369,900
For sale
3 beds • 1 baths • 934 sqft

8801 Girard Ave S
Bloomington, MN 55420

$399,900
For sale
4 beds • 2 baths • 1,932 sqft

9936 Elliot Avenue S
Bloomington, MN 55420

$199,900
For sale
2 beds • 2 baths • 1,325 sqft

9700 Portland Avenue S 237
Bloomington, MN 55420

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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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