Zip Code
55403
City
Minneapolis, MN
Population & Migration
What is the forecasted population for Zip code 55403 Minneapolis, MN?
- Population census 2020
- 16,437
- Forecasted population 2025
- 17,682
- 7.6% vs. 2020
- Forecasted population 2030
- 18,546
- 12.8% vs. 2020
Zip code 55403 Minneapolis, MN population is forecasted to grow 7.6% by 2025 (2.9 points above the 4.7% national average).
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Housing and Affordability
With a forecasted population of 17,682 people for 2025 zip code 55403 Minneapolis, MN will generate a good demand for housing, which is expected to have a deficit of 1,607 houses for 2030. Vacancy rate is 0.5 points above national US average.
- Total homes available 2020
- 12,532
- Estimated total home demand in 2030
- 14,139
- Total homes balance inventory
- 1,607
Average Household Income in zip code 55403 Minneapolis, MN
from Internal Revenue Service
- Average household income in 2021
- $89,763
Affordability
- Affordability Index
- 1
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 55403 Minneapolis, MN?
County total number of drinking water violations
54
-78%
244
County total number of drinking water contaminations
9
-63%
24
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