AreaProfile

55419Minneapolis, Minnesota

Area Profile

Income, jobs, climate, physical risk and development data for ZIP code 55419.

71
Area Score
Top 16% of 695 published profiles

How we calculate this

How this area ranks
OpportunityTop 35% of 727 published ZIP areas62
Growth612th of 701 published ZIP areas23
Housing affordabilityTop 7% of 800 published ZIP areas96
Climate725th of 779 published ZIP areas55
Physical resilienceTop 6% of 800 published ZIP areas93
AccessTop 46% of 779 published ZIP areas97
Economic stabilityTop 1% of 800 published ZIP areas86
The quick read

Housing is more affordable relative to local incomes than in most published city profiles, with rent taking 13% of median household income.

Natural-hazard exposure is lower than in most comparable published ZIP profiles, placing 55419 in the top 6% for physical resilience.

A major airport is 4 miles away, giving the area unusually direct access to the national air network.

At a glance

Population
29,738
2024 ACS 5-Year
Median household income
$148,350
Top 4% nationally
Density
7,084/sq mi
4.2 sq mi of land
Median age
38.7
2024 ACS 5-Year
City
Minneapolis
Minnesota
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
Nearest major airport
MSP
4 mi · Minneapolis-St Paul Intl/Wold-Chamberlain
Median home value
$495,000
2024 ACS 5-Year

Jobs & opportunity

Unemployment of 4.2% is lower than 76% of the 1,061 measured US ZIP areas.

Employment fell 2.1% over the past year, to 241,666 employed residents.

75% of adults hold a four-year degree, higher than 98% of measured US ZIP areas.

Household income is higher than at least 96% of measured US ZIP areas.

MetricValueCompared with peersSource period
Median household income ±$9,721$148,350Top 4%2024 ACS 5-Year
Per capita income ±$5,835$77,923Top 4%2024 ACS 5-Year
Poverty rate5.0%Bottom 19%2024 ACS 5-Year
Average commute22.2 minBottom 21%2024 ACS 5-Year
Bachelor's degree or higher75.1%Top 2%2024 ACS 5-Year
Employment241,666Bottom 49%June 2026
Employment change (3 years)-2.3%Bottom 13%June 2026
Employment change (year over year)-2.1%Bottom 16%June 2026
Labor force252,273Bottom 48%June 2026
Labor force participation74.2%Top 7%2024 ACS 5-Year
Mean annual wage$74,580Top 23%2025 OEWS
Median annual wage$59,320Top 15%2025 OEWS
Unemployment change (year over year)0.3%Top 39%June 2026
Unemployment rate4.2%Bottom 24%June 2026
Median household income, successive ACS releases
2021202220232024148k120k
Each point is a separate five-year estimate, most recently $148,350 in the 2024 ACS 5-Year. Consecutive releases share four years of sample, so AreaProfile shows them as a record of successive estimates and does not compute a year-over-year change from them.
Largest occupations — Minneapolis-St. Paul-Bloomington, MN-WI
OccupationPeople employedMedian annual wage
Home Health and Personal Care Aides93,560$38,860
Retail Salespersons51,180$36,670
General and Operations Managers44,890$103,570
Registered Nurses43,600$103,040
Customer Service Representatives38,630$49,480
Fast Food and Counter Workers37,920$33,040

Occupational employment and wages are published for metropolitan areas rather than for individual cities or ZIP areas, so these describe the wider labor market this location sits in. 2025 OEWS, U.S. Bureau of Labor Statistics.

The Bureau of Labor Statistics does not publish labor-force data for ZIP areas. This is the figure for Minneapolis, MN, the city containing this ZIP code.

Housing & affordability

How it’s calculated →

Median rent of $1,609 takes 13% of median household income, below the 30% threshold at which a household is considered cost-burdened.

A median home costs 3.3 times median household income here, above the historic benchmark of about three times income.

Rent as a share of income
13.0%
Below the 30% cost-burdened threshold
Home price to income
3.3×
median home value ÷ median income
Median gross rent
$1,609
2024 ACS 5-Year
Median home value
$495,000
2024 ACS 5-Year
MetricValueCompared with peersSource period
Home price to income3.34Top 43%2024 ACS 5-Year
Homeownership rate81.7%Top 42%2024 ACS 5-Year
Housing units ±52612,385Top 12%2024 ACS 5-Year
Median gross rent ±$224$1,609Top 19%2024 ACS 5-Year
Median home value ±$16,938$495,000Top 13%2024 ACS 5-Year
Rent as a share of income13.0%Bottom 17%2024 ACS 5-Year
Vacancy rate3.5%Bottom 15%2024 ACS 5-Year

Both affordability measures come from the same ACS release as the income they are compared with, so the comparison is like for like. They describe housing cost against local earnings and are not a cost-of-living index — transport, groceries, healthcare, insurance and taxes are not included, and a place can look affordable here and still be expensive to live in for reasons this does not capture.

Growth & development

How it’s calculated →
Development Momentum
23/ 100
Ranks 612 of 701 published city profiles

An AreaProfile calculation combining permit volume per resident, its direction over one and three years, population change and employment growth. Permit volume alone is not the measure.

71% of recently permitted units are in buildings of five or more homes, so new supply is concentrated in apartments and condominiums rather than detached houses.

At 1.0 permitted units per 1,000 residents, building activity is below the median for measured US ZIP areas.

Units permitted
415
12 months ending July 2026
Per 1,000 residents
1.0
Bottom 9% nationally
Year over year
+41%
vs the prior twelve months
Multifamily share
70.8%
units in 5+ unit buildings

The Building Permits Survey is not published for ZIP areas. This is the figure for Minneapolis, MN, the city containing this ZIP code.

Weather & climate

5 of the twelve months have a normal average temperature between 55°F and 80°F. July averages a high of 83°F and January a low of 9°F.

Normal annual precipitation is 31.6 inches, including 51.2 inches of snow.

0°20°40°60°80°JFMAMJJASOND
Solid line: normal daily high. Dashed line: normal daily low. 1991-2020 normals from NOAA station MINNEAPOLIS/ST PAUL AP, 3.3 miles from this location.
Precipitation
JFMAMJJASOND4.6"
Normal monthly precipitation, in inches.
MetricValueSource period
Annual precipitation31.6"1991-2020 Normals
Annual snowfall51.2"1991-2020 Normals
Average January low9°F1991-2020 Normals
Average July high83°F1991-2020 Normals
Comfortable months51991-2020 Normals
Seasonal temperature swing58°F1991-2020 Normals

Climate figures are thirty-year normals, not current conditions. They describe what a typical year looks like rather than what the weather is doing today.

Physical risk

93 / 100
Physical resilience

The hazards accounting for most of this area's expected annual loss are tornado, hail and strong wind.

TornadoModerate
HailElevated
Strong windModerate

Low or minimal exposure: cold wave, heat wave, inland flooding, winter weather, lightning, landslide, ice storm, wildfire, earthquake, drought.

Hazard ratings are AreaProfile calculations derived from the FEMA National Risk Index v1.20.0 (December 2025). FEMA publishes at county level. ZIP values are the land-area-weighted mean of the counties the ZIP Code Tabulation Area intersects. Expected annual loss is not allocated below county level. FEMA does not endorse this presentation. Higher physical resilience means lower exposure.

Taxes

AreaProfile does not yet publish tax comparisons. No tax dataset has met the source admission test for coverage, methodology transparency and update cadence, and the product rule is to omit a dimension rather than estimate it. The Area Score is calculated without a tax component and the weighting is documented on the methodology page.

Nothing on AreaProfile is individualized tax advice.

Access

3 major airports lie within 100 miles, the nearest 4 miles away.

AirportCodeDistanceLongest runway
Minneapolis-St Paul Intl/Wold-ChamberlainMSP4 mi11,006 ft
Rochester IntlRST79 mi9,034 ft
Chippewa Valley RgnlEAU88 mi8,101 ft

Airport identity, position and runway data come from the FAA. “Major airport” is an AreaProfile classification — a public-use civil airport with a paved runway of at least 8,000 feet — not an FAA hub designation. Distances are straight-line, not driving distance.

Customize your score

What matters to you?

Choose what you weight most heavily. Nothing is saved to an account — your preferences stay in this browser, and the Area Score never changes.

Area Score
71
Your Score

Select one or more priorities to see how this location scores against them.

Data & methodology

Used forSourceSource periodUpdated
AccessFederal Aviation Administration
Airports (NASR) — Aeronautical Data Delivery Service
NASR current cycle28-day NASR cycle
Physical riskFederal Emergency Management Agency
National Risk Index
National Risk Index December 2025 (v1.20.0)Periodic dataset versions (v1.20.0 current)
ClimateNOAA National Centers for Environmental Information
U.S. Climate Normals 1991–2020 (Monthly)
1991-2020 NormalsEvery ten years (next release follows the 2001–2030 period)
JobsU.S. Bureau of Labor Statistics
Local Area Unemployment Statistics
June 2026Monthly
JobsU.S. Bureau of Labor Statistics
Occupational Employment and Wage Statistics
2025 OEWSAnnual (spring release)
DemographicsU.S. Census Bureau
Population Estimates Program
July 1, 2024 estimateAnnual (vintage released each spring)
DevelopmentU.S. Census Bureau
Building Permits Survey
12 months ending July 2026Monthly, roughly three weeks after the reference month
Demographics, Housing, Income, JobsU.S. Census Bureau
American Community Survey 5-Year Estimates (Table-Based Summary File)
2024 ACS 5-YearAnnual (5-year estimates released each December)

Profile recalculated August 29, 2026. Recalculation is not the same as new source data — each figure above shows the period its source actually covers. Read the full methodology or browse every source.

55419 vs Minneapolis

How this ZIP area compares with Minneapolis as a whole. Both figures come from the same ACS release, so the comparison is like for like.

55419
Minneapolis
Median household income
$148,350
vs
$80,846
Per capita income
$77,923
vs
$52,692
Population density
7,084/sq mi
vs
7,912/sq mi
Median home value
$495,000
vs
$362,200
Median gross rent
$1,609
vs
$1,371
Homeownership rate
81.7%
vs
47.7%
Bachelor's degree or higher
75.1%
vs
55.5%
Poverty rate
5.0%
vs
16.0%
Median age
38.7
vs
33.4

Some demographic statistics use Census ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP delivery geography. See the methodology for how AreaProfile maps between them.