Census ACS · ZIP Code Tabulation Area

55404 Income Statistics for 2026

Hennepin County, Minnesota

Median household income

$41,940

Median household income ($41,940) is lower than Hennepin County County ($105,541).

55404$41,940
Hennepin County County$105,541
55424$250,001
55356$156,622
55391$174,301
55331$159,450
55436$144,129

Average household income

$62,567

Average household income ($62,567) is lower than Hennepin County County ($140,559).

55404$62,567
Hennepin County County$140,559
55424$350,782
55356$313,991
55391$286,470
55331$259,689
55436$242,131

Per-capita income

$28,991

Per-capita income ($28,991) is lower than Hennepin County County ($59,476).

55404$28,991
Hennepin County County$59,476
55424$124,809
55356$136,506
55391$121,153
55331$101,331
55436$102,973

Households earning $100k+

17.2%

Households earning $100k+ (17.2%) is lower than Hennepin County County (50.0%).

5540417.2%
Hennepin County County50.0%
5542480.0%
5535667.0%
5539169.1%
5533171.8%
5543663.4%

All demographics

Population
28,920
Households
13,073
Median age
30.9 yrs
Median household income
$41,940
Mean household income
$62,567
Per capita income
$28,991
Median home value
$291,600
Median gross rent
$1,082
Owner-occupied housing
17.5%
Bachelor's degree or higher
36.1%
In labor force
66.6%
Poverty rate
32.1%
Households earning $100k+
17.2%
Population under 5
6.3%
Population age 18–34
33.5%
Population age 25–44
32.7%
Population age 45–64
20.4%
Population age 65+
10.0%
Hispanic or Latino
16.9%
Black (non-Hispanic)
39.1%
Asian (non-Hispanic)
3.6%
Unemployment rate
10.0%

County and peer ZIP comparisons use population-weighted aggregates from other ZCTAs in the same county. Source: US Census Bureau ACS 5-year estimates. Page URL: https://resource.skyrocketbpo.com/tools/market-research/us-income-demographics-by-zip-code/minnesota/55404

Link to this page

Permanent URL backed by Census ACS data in PocketBase.

Context & methodology

About ZIP 55404 income statistics ($41,940 median)

ZIP Code Tabulation Area 55404 in Minnesota is defined by the U.S. Census Bureau for statistical reporting. It closely matches USPS ZIP code 55404 but may differ slightly at edges — use these ACS figures as demographic benchmarks, not exact postal boundaries.

An estimated 28,920 people live in this ZCTA. Median household income here ($41,940) is lower than Hennepin County County ($105,541). Operators sizing a local market often pair median income with mean income ($62,567) and the share of households earning $100k+ to gauge both typical and upscale demand.

The neighboring ZIP comparison table above lists adjacent ZCTAs with their own ACS estimates. Large gaps between adjacent ZIP codes are common — a few miles can separate very different income profiles, which matters for retail trade areas, service radius, and competitive positioning.

Small-area ACS estimates carry wider margins of error than state or county totals. The Census Bureau publishes guidance on interpreting confidence intervals (linked below). When a figure is critical to your analysis, download the underlying table from data.census.gov and review the margin of error column before citing it in a business plan or press release.

Data vintage: Census ACS 2024 5-year estimates (published 2026). Tables: B19013 (median HH income), B19001 (distribution), B19049 (income by age of householder).

Authoritative sources & further reading

Primary government data and reference pages for verifying and extending this analysis.

Related market research tools

Combine ZIP-level income with these free Resource tools for fuller market pictures.

All ZIP codes·Minnesota·ZIP codes in Hennepin County