55418 receives the higher standardized Area Score. That reflects AreaProfile's weighting, not a judgment about which place is better to live in.
Signals
55418
55406
Opportunity
53 · Bottom 47%
vs53 · Bottom 46%
Growth
31 · Bottom 19%
vs31 · Bottom 19%
Climate
54 · Bottom 3%
vs55 · Bottom 5%
Physical resilience
93 · Top 6%
vs93 · Top 7%
Housing affordability
94 · Top 22%
vs91 · Top 29%
Schools
39 · Bottom 34%
vs31 · Bottom 23%
Access
97 · Top 32%
vs97 · Top 32%
Economic stability
78 · Top 14%
vs73 · Top 25%
Measured values
| Metric | 55418 | 55406 | Source period |
|---|---|---|---|
| Population | 31,505 | 36,581 | 2024 ACS 5-Year |
| Median household income | $99,397 | $93,910 | 2024 ACS 5-Year |
| Per capita income | $57,144 | $54,006 | 2024 ACS 5-Year |
| Population density | 4,508/sq mi | 7,309/sq mi | 2024 ACS 5-Year |
| Median home value | $348,700 | $354,100 | 2024 ACS 5-Year |
| Median gross rent | $1,425 | $1,281 | 2024 ACS 5-Year |
| Homeownership rate | 66.3% | 66.0% | 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 | 54.3% | 57.3% | 2024 ACS 5-Year |
| Poverty rate | 6.6% | 9.5% | 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 | 7°F | 9°F | 1991-2020 Normals |
| Annual precipitation | 30.7" | 31.6" | 1991-2020 Normals |
| Distance to major airport | 10 mi | 4 mi | NASR current cycle |
| Average commute | 24.4 min | 23.5 min | 2024 ACS 5-Year |
| Median age | 37.2 | 39.8 | 2024 ACS 5-Year |
| Public schools | 12 | 21 | 2024-25 school year |
| Students per teacher | 13.19 | 14.33 | 2024-25 school year |
| Math proficiency | 33.2% | 28.7% | 2019-20 school year |
| Reading proficiency | 44.3% | 38.5% | 2019-20 school year |
| Free or reduced-price lunch eligibility | 48.7% | 60.2% | 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
55418
Elevated or high exposure: hail.
55406
Elevated or high exposure: hail.
Full profiles: 55418 — Minneapolis, MN · 55406 — Minneapolis, MN · How this is calculated: methodology