55423 and 55406 receive effectively the same standardized Area Score. Which fits you better depends on which dimensions you weight — the differences below are where they actually diverge.
Signals
55423
55406
Opportunity
51 · Bottom 42%
vs53 · Bottom 46%
Growth
37 · Bottom 29%
vs31 · Bottom 19%
Climate
55 · Bottom 5%
vs55 · Bottom 5%
Physical resilience
93 · Top 7%
vs93 · Top 7%
Housing affordability
85 · Top 43%
vs91 · Top 29%
Schools
37 · Bottom 31%
vs31 · Bottom 23%
Access
97 · Top 32%
vs97 · Top 32%
Economic stability
76 · Top 19%
vs73 · Top 25%
Measured values
| Metric | 55423 | 55406 | Source period |
|---|---|---|---|
| Population | 36,724 | 36,581 | 2024 ACS 5-Year |
| Median household income | $85,182 | $93,910 | 2024 ACS 5-Year |
| Per capita income | $47,924 | $54,006 | 2024 ACS 5-Year |
| Population density | 5,197/sq mi | 7,309/sq mi | 2024 ACS 5-Year |
| Median home value | $343,900 | $354,100 | 2024 ACS 5-Year |
| Median gross rent | $1,393 | $1,281 | 2024 ACS 5-Year |
| Homeownership rate | 61.6% | 66.0% | 2024 ACS 5-Year |
| Unemployment rate | 4.0% | 4.2% | June 2026 |
| Employment change (year over year) | -2.1% | -2.1% | June 2026 |
| Bachelor's degree or higher | 43.8% | 57.3% | 2024 ACS 5-Year |
| Poverty rate | 8.2% | 9.5% | 2024 ACS 5-Year |
| Housing units permitted (12 months) | 44 | 415 | 12 months ending July 2026 |
| Permits per 1,000 residents | 1.2 | 1.0 | 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 | 3 mi | 4 mi | NASR current cycle |
| Average commute | 24.5 min | 23.5 min | 2024 ACS 5-Year |
| Median age | 39.4 | 39.8 | 2024 ACS 5-Year |
| Public schools | 22 | 21 | 2024-25 school year |
| Students per teacher | 12.02 | 14.33 | 2024-25 school year |
| Math proficiency | 31.3% | 28.7% | 2019-20 school year |
| Reading proficiency | 38.0% | 38.5% | 2019-20 school year |
| Free or reduced-price lunch eligibility | 59.0% | 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
55423
Elevated or high exposure: hail.
55406
Elevated or high exposure: hail.
Full profiles: 55423 — Richfield, MN · 55406 — Minneapolis, MN · How this is calculated: methodology