Zip Code

55411

City

Minneapolis, MN

Population & Migration

What is the forecasted population for Zip code 55411 Minneapolis, MN?

Population census 2020
31,685
Forecasted population 2025
30,164
-0.05% vs. 2020
Forecasted population 2030
30,798
-0.03% vs. 2020

Zip code 55411 Minneapolis, MN population is forecasted to decrease -0.05% by 2025 (-9.5 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 30,164 people for 2025 zip code 55411 Minneapolis, MN will generate a good demand for housing, which is expected to have an excess of -293 houses for 2030. Vacancy rate is 1.5 points below national US average.

Total homes available 2020
10,500
Estimated total home demand in 2030
10,206
Total homes balance inventory
-293

Average Household Income in zip code 55411 Minneapolis, MN
from Internal Revenue Service

Average household income in 2021
$65,163

Affordability

Affordability Index
3

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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Drinking water violations

How is the quality of drinking water in Zip code 55411 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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