Zip Code
55408
City
Minneapolis, MN
Population & Migration
What is the forecasted population for Zip code 55408 Minneapolis, MN?
- Population census 2020
- 32,276
- Forecasted population 2025
- 33,452
- 3.6% vs. 2020
- Forecasted population 2030
- 35,177
- 9% vs. 2020
Zip code 55408 Minneapolis, MN population is forecasted to decrease 3.6% by 2025 (-1.1 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 33,452 people for 2025 zip code 55408 Minneapolis, MN will generate a good demand for housing, which is expected to have a deficit of 1,513 houses for 2030. Vacancy rate is 3.9 points below national US average.
- Total homes available 2020
- 16,841
- Estimated total home demand in 2030
- 18,354
- Total homes balance inventory
- 1,513
Average Household Income in zip code 55408 Minneapolis, MN
from Internal Revenue Service
- Average household income in 2021
- $89,090
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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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 55408 Minneapolis, MN?
County total number of drinking water violations
50
-78%
226
County total number of drinking water contaminations
9
-61%
23
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