Zip Code

55428

City

Minneapolis, MN

Population & Migration

What is the forecasted population for Zip code 55428 Minneapolis, MN?

Population census 2020
32,251
Forecasted population 2025
34,493
7% vs. 2020
Forecasted population 2030
36,223
12.3% vs. 2020

Zip code 55428 Minneapolis, MN population is forecasted to grow 7% by 2025 (2.3 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 34,493 people for 2025 zip code 55428 Minneapolis, MN will generate a good demand for housing, which is expected to have a deficit of 1,600 houses for 2030. Vacancy rate is 6.8 points below national US average.

Total homes available 2020
12,989
Estimated total home demand in 2030
14,589
Total homes balance inventory
1,600

Average Household Income in zip code 55428 Minneapolis, MN
from Internal Revenue Service

Average household income in 2021
$78,687

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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Drinking water violations

How is the quality of drinking water in Zip code 55428 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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