Zip Code
55429
City
Minneapolis, MN
Population & Migration
What is the forecasted population for Zip code 55429 Minneapolis, MN?
- Population census 2020
- 28,257
- Forecasted population 2025
- 29,164
- 3.2% vs. 2020
- Forecasted population 2030
- 30,354
- 7.4% vs. 2020
Zip code 55429 Minneapolis, MN population is forecasted to decrease 3.2% by 2025 (-1.5 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 29,164 people for 2025 zip code 55429 Minneapolis, MN will generate a good demand for housing, which is expected to have a deficit of 766 houses for 2030. Vacancy rate is 7.8 points below national US average.
- Total homes available 2020
- 10,327
- Estimated total home demand in 2030
- 11,093
- Total homes balance inventory
- 766
Average Household Income in zip code 55429 Minneapolis, MN
from Internal Revenue Service
- Average household income in 2021
- $77,759
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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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 55429 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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