55407 receives the higher standardized Area Score. That reflects AreaProfile's weighting, not a judgment about which place is better to live in.
Signals
55408
55407
Opportunity
47 · Bottom 34%
vs49 · Bottom 38%
Growth
31 · Bottom 19%
vs31 · Bottom 19%
Climate
55 · Bottom 5%
vs55 · Bottom 5%
Physical resilience
93 · Top 7%
vs93 · Top 7%
Housing affordability
62 · Bottom 25%
vs82 · Top 48%
Schools
28 · Bottom 20%
vs22 · Bottom 13%
Access
97 · Top 32%
vs97 · Top 32%
Economic stability
63 · Top 44%
vs57 · Bottom 44%
Measured values
| Metric | 55408 | 55407 | Source period |
|---|---|---|---|
| Population | 31,507 | 37,667 | 2024 ACS 5-Year |
| Median household income | $70,326 | $78,464 | 2024 ACS 5-Year |
| Per capita income | $54,669 | $40,979 | 2024 ACS 5-Year |
| Population density | 11,726/sq mi | 9,384/sq mi | 2024 ACS 5-Year |
| Median home value | $396,100 | $335,400 | 2024 ACS 5-Year |
| Median gross rent | $1,364 | $1,291 | 2024 ACS 5-Year |
| Homeownership rate | 23.6% | 58.9% | 2024 ACS 5-Year |
| Unemployment rate | 4.2% | 4.2% | June 2026 |
| Employment change (year over year) | -2.1% | -2.1% | June 2026 |
| Bachelor's degree or higher | 56.4% | 49.0% | 2024 ACS 5-Year |
| Poverty rate | 16.4% | 17.4% | 2024 ACS 5-Year |
| Housing units permitted (12 months) | 415 | 415 | 12 months ending July 2026 |
| Permits per 1,000 residents | 1.0 | 1.0 | 12 months ending July 2026 |
| Permit change (year over year) | 40.7% | 40.7% | 12 months ending July 2026 |
| Average July high | 83°F | 83°F | 1991-2020 Normals |
| Average January low | 9°F | 9°F | 1991-2020 Normals |
| Annual precipitation | 31.6" | 31.6" | 1991-2020 Normals |
| Distance to major airport | 6 mi | 4 mi | NASR current cycle |
| Average commute | 26.1 min | 24.8 min | 2024 ACS 5-Year |
| Median age | 30.9 | 33.8 | 2024 ACS 5-Year |
| Public schools | 2 | 15 | 2024-25 school year |
| Students per teacher | 12.47 | 12.26 | 2024-25 school year |
| Math proficiency | 24.1% | 16.3% | 2019-20 school year |
| Reading proficiency | 29.6% | 21.9% | 2019-20 school year |
| Free or reduced-price lunch eligibility | 65.6% | 73.9% | 2024-25 school year |
A bolded value is the more favorable of the two where the metric has a clear direction. Metrics like population and density have no inherent better or worse and are shown unweighted.
Physical risk tradeoff
55408
Elevated or high exposure: hail.
55407
Elevated or high exposure: hail.
Full profiles: 55408 — Minneapolis, MN · 55407 — Minneapolis, MN · How this is calculated: methodology