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AREA INFORMATION

55421 (Minneapolis, MN)

Explore the real estate in 55421 (Minneapolis, MN)

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Area Highlights

55421 (Minneapolis, MN) residents have a median age of 38.4 years old, with employment highest in the administrative support and sales industries.

30,216 Population

The population has increased by 0.9% since the year 2010.

12,807 Households

$67,252 /yr
Median Household Income

$261,600
Median Home Sale Price

21m Median Commute Time

Most people in this area drive to work.

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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

38.4 Median Age

Average Household Size

2.3
persons per
household

36.5%

Married Households

Community Population By Education

High School Graduate 30%
Bachelors Degree 23%
Some College 21%
Associates Degree 10%
Some High School 9%
Graduate Degree 8%

Household Family Expenses vs National Average

23.4% of households have children

Economics

$67,252 /yr
Median Household Income
$261,600
Median Sales Price
21 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 68%
  • Work from Home 23%
  • Public Transit 6%
  • Walk or Bike 3%

Occupancy by Type

Owned 7,513 56%
Rented 5,294 39%
Vacant 612 5%

White vs Blue Collar Jobs







White Collar 70%
Blue Collar 30%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

Community Population By Ethnicity

White 55%
Black 20%
Hispanic 14%
Other 9%
Asian 6%
Native American 2%

Crime & Pollution

Crime vs National Average

Pollution vs National Average

Weather

84° July
Hottest Average Month
3° January
Coldest Average Month

Severe Weather

Average Temperature by Month

Low (°F)
High (°F)
Jan
3°
22°
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
10°
27°

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.

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