Zip Code
55414
City
Minneapolis, MN
Population & Migration
What is the forecasted population for Zip code 55414 Minneapolis, MN?
- Population census 2020
- 36,017
- Forecasted population 2025
- 33,465
- -7.1% vs. 2020
- Forecasted population 2030
- 32,487
- -9.8% vs. 2020
Zip code 55414 Minneapolis, MN population is forecasted to decrease -7.1% by 2025 (-11.8 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 33,465 people for 2025 zip code 55414 Minneapolis, MN will generate a good demand for housing, which is expected to have a deficit of 1,761 houses for 2030. Vacancy rate is 1.2 points below national US average.
- Total homes available 2020
- 13,240
- Estimated total home demand in 2030
- 15,001
- Total homes balance inventory
- 1,761
Average Household Income in zip code 55414 Minneapolis, MN
from Internal Revenue Service
- Average household income in 2021
- $68,136
Affordability
- Affordability Index
- 4
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 55414 Minneapolis, MN?
County total number of drinking water violations
41
-80%
200
County total number of drinking water contaminations
6
-71%
21
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