Zip Code

55417

City

Minneapolis, MN

Population & Migration

What is the forecasted population for Zip code 55417 Minneapolis, MN?

Population census 2020
26,035
Forecasted population 2025
25,452
-2.2% vs. 2020
Forecasted population 2030
25,763
-1% vs. 2020

Zip code 55417 Minneapolis, MN population is forecasted to decrease -2.2% by 2025 (-6.9 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 25,452 people for 2025 zip code 55417 Minneapolis, MN will generate a good demand for housing, which is expected to have an excess of -115 houses for 2030. Vacancy rate is 5.7 points below national US average.

Total homes available 2020
11,095
Estimated total home demand in 2030
10,979
Total homes balance inventory
-115

Average Household Income in zip code 55417 Minneapolis, MN
from Internal Revenue Service

Average household income in 2021
$124,070

Affordability

Affordability Index
2

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 55417 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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