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Census ACS · ZIP Code Tabulation Area

55408 Income Statistics for 2026

Hennepin County, Minnesota

Median household income

$70,326

Median household income ($70,326) is lower than Hennepin County County ($105,541).

55408$70,326
Hennepin County County$105,541
55424$250,001
55356$156,622
55391$174,301
55331$159,450
55436$144,129

Average household income

$98,219

Average household income ($98,219) is lower than Hennepin County County ($140,559).

55408$98,219
Hennepin County County$140,559
55424$350,782
55356$313,991
55391$286,470
55331$259,689
55436$242,131

Per-capita income

$54,669

Per-capita income ($54,669) is lower than Hennepin County County ($59,476).

55408$54,669
Hennepin County County$59,476
55424$124,809
55356$136,506
55391$121,153
55331$101,331
55436$102,973

Households earning $100k+

32.2%

Households earning $100k+ (32.2%) is lower than Hennepin County County (50.0%).

5540832.2%
Hennepin County County50.0%
5542480.0%
5535667.0%
5539169.1%
5533171.8%
5543663.4%

All demographics

Population
31,507
Households
17,344
Median age
30.9 yrs
Median household income
$70,326
Mean household income
$98,219
Per capita income
$54,669
Median home value
$396,100
Median gross rent
$1,364
Owner-occupied housing
23.6%
Bachelor's degree or higher
56.4%
In labor force
81.8%
Poverty rate
16.4%
Households earning $100k+
32.2%
Population under 5
4.8%
Population age 18–34
47.2%
Population age 25–44
49.2%
Population age 45–64
17.0%
Population age 65+
8.0%
Hispanic or Latino
12.3%
Black (non-Hispanic)
18.6%
Asian (non-Hispanic)
4.5%
Unemployment rate
7.4%
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/55408

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Permanent URL backed by Census ACS data in PocketBase.

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