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
- 34,310
- -4.7% vs. 2020
- Forecasted population 2030
- 35,551
- -1.3% vs. 2020
Zip code 55414 Minneapolis, MN population is forecasted to decrease -4.7% by 2025 (-9.4 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 34,310 people for 2025 zip code 55414 Minneapolis, MN will generate a good demand for housing, which is expected to have an excess of -171 houses for 2030. Vacancy rate is 1.2 points above national US average.
- Total homes available 2020
- 13,240
- Estimated total home demand in 2030
- 13,068
- Total homes balance inventory
- -171
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
51
-78%
234
County total number of drinking water contaminations
9
-61%
23
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