Zip Code

55432

City

Minneapolis, MN

Population & Migration

What is the forecasted population for Zip code 55432 Minneapolis, MN?

Population census 2020
30,401
Forecasted population 2025
33,753
11% vs. 2020
Forecasted population 2030
35,716
17.5% vs. 2020

Zip code 55432 Minneapolis, MN population is forecasted to grow 11% by 2025 (6.3 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 33,753 people for 2025 zip code 55432 Minneapolis, MN will generate a good demand for housing, which is expected to have a deficit of 2,145 houses for 2030. Vacancy rate is 5.9 points below national US average.

Total homes available 2020
12,273
Estimated total home demand in 2030
14,418
Total homes balance inventory
2,145

Average Household Income in zip code 55432 Minneapolis, MN
from Internal Revenue Service

Average household income in 2021
$81,370

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 55432 Minneapolis, MN?

County total number of drinking water violations

43

-81%

226

County total number of drinking water contaminations

19

-17%

23

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