Zip Code
55434
City
Minneapolis, MN
Population & Migration
What is the forecasted population for Zip code 55434 Minneapolis, MN?
- Population census 2020
- 31,267
- Forecasted population 2025
- 33,843
- 8.2% vs. 2020
- Forecasted population 2030
- 35,946
- 15% vs. 2020
Zip code 55434 Minneapolis, MN population is forecasted to grow 8.2% by 2025 (3.5 points above the 4.7% national average).
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Housing and Affordability
With a forecasted population of 33,843 people for 2025 zip code 55434 Minneapolis, MN will generate a good demand for housing, which is expected to have a deficit of 869 houses for 2030. Vacancy rate is 5.8 points below national US average.
- Total homes available 2020
- 11,732
- Estimated total home demand in 2030
- 12,601
- Total homes balance inventory
- 869
Average Household Income in zip code 55434 Minneapolis, MN
from Internal Revenue Service
- Average household income in 2021
- $88,832
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 55434 Minneapolis, MN?
County total number of drinking water violations
41
-80%
200
County total number of drinking water contaminations
18
-14%
21
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