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
33,467
-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 33,467 people for 2025 zip code 55414 Minneapolis, MN will generate a good demand for housing, which is expected to have an excess of -1,297 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
11,942
Total homes balance inventory
-1,297

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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Drinking water violations

How is the quality of drinking water in Zip code 55414 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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