Census ACS · ZIP Code Tabulation Area

55407 Income Statistics for 2026

Hennepin County, Minnesota

Median household income

$78,464

Median household income ($78,464) is lower than Hennepin County County ($105,541).

55407$78,464
Hennepin County County$105,541
55424$250,001
55356$156,622
55391$174,301
55331$159,450
55436$144,129

Average household income

$102,910

Average household income ($102,910) is lower than Hennepin County County ($140,559).

55407$102,910
Hennepin County County$140,559
55424$350,782
55356$313,991
55391$286,470
55331$259,689
55436$242,131

Per-capita income

$40,979

Per-capita income ($40,979) is lower than Hennepin County County ($59,476).

55407$40,979
Hennepin County County$59,476
55424$124,809
55356$136,506
55391$121,153
55331$101,331
55436$102,973

Households earning $100k+

39.8%

Households earning $100k+ (39.8%) is lower than Hennepin County County (50.0%).

5540739.8%
Hennepin County County50.0%
5542480.0%
5535667.0%
5539169.1%
5533171.8%
5543663.4%

All demographics

Population
37,667
Households
14,789
Median age
33.8 yrs
Median household income
$78,464
Mean household income
$102,910
Per capita income
$40,979
Median home value
$335,400
Median gross rent
$1,291
Owner-occupied housing
58.9%
Bachelor's degree or higher
49.0%
In labor force
71.9%
Poverty rate
17.4%
Households earning $100k+
39.8%
Population under 5
6.3%
Population age 18–34
27.3%
Population age 25–44
39.1%
Population age 45–64
20.2%
Population age 65+
9.5%
Hispanic or Latino
23.5%
Black (non-Hispanic)
17.7%
Asian (non-Hispanic)
2.1%
Unemployment rate
6.5%
Open in interactive explorer

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/55407

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