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AREA INFORMATION

55414 (Minneapolis, MN)

Explore the real estate in 55414 (Minneapolis, MN)

Area Highlights

55414 (Minneapolis, MN) residents have a median age of 25.6 years old, with employment highest in the food and administrative support industries.

33,032 Population

14,456 Households

$53,551 /yr
Median Household Income

$309,000
Median Home Sale Price

17m 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

25.6 Median Age

Average Household Size

2.1
persons per
household

15.3%

Married Households

Community Population By Education

Bachelors Degree 39%
Graduate Degree 30%
Some College 12%
High School Graduate 9%
Some High School 5%
Associates Degree 5%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 39.14% 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)
6.9% of households have children

Area Schools

6-12
0.5 MILES
D
Venture Academy
9-12
0.6 MILES
D
Mts Pease Academy
KG-12
0.6 MILES
Ronald Mcdonald House
PK-KG
0.7 MILES
Miniapple International Montessori
9-12
0.7 MILES
D+
Heritage Stem Academy
PK-5
0.9 MILES
C-
Pratt Community School
KG-8
1.3 MILES
Marcy Open Elementary School

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

$53,551 /yr
Median Household Income
$309,000
Median Sales Price
17 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 18.86% of the households.

Transportation to Work

  • Drive 41%
  • Work from Home 24%
  • Walk or Bike 20%
  • Public Transit 15%

Occupancy by Type

Rented 12,232 80%
Owned 2,225 15%
Vacant 824 5%

White vs Blue Collar Jobs







White Collar 88%
Blue Collar 12%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 25.6 years old. The smallest percentage group is 18-24 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 65%
Asian 16%
Black 9%
Hispanic 5%
Other 2%
Native American <1%
The most prevalent ethnicity is White at 65%, followed by Asian at 16%, Black at 9%, and Hispanic at 5%.

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°
23°
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

$399,900
For sale
4 beds • 2 baths • 1,454 sqft

1720 Rollins Avenue SE
Minneapolis, MN 55414

$669,900
For sale
4 beds • 3 baths • 3,090 sqft

809 Superior Street SE
Minneapolis, MN 55414

$349,900
For sale
4 beds • 3 baths • 1,342 sqft

2600 University Avenue SE 301
Minneapolis, MN 55414

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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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