Census ACS · ZIP Code Tabulation Area

55418 Income Statistics for 2026

Hennepin County, Minnesota

Median household income

$99,397

Median household income ($99,397) is lower than Hennepin County County ($105,541).

55418$99,397
Hennepin County County$105,541
55424$250,001
55356$156,622
55391$174,301
55331$159,450
55436$144,129

Average household income

$126,804

Average household income ($126,804) is lower than Hennepin County County ($140,559).

55418$126,804
Hennepin County County$140,559
55424$350,782
55356$313,991
55391$286,470
55331$259,689
55436$242,131

Per-capita income

$57,144

Per-capita income ($57,144) is lower than Hennepin County County ($59,476).

55418$57,144
Hennepin County County$59,476
55424$124,809
55356$136,506
55391$121,153
55331$101,331
55436$102,973

Households earning $100k+

49.6%

Households earning $100k+ (49.6%) is lower than Hennepin County County (50.0%).

5541849.6%
Hennepin County County50.0%
5542480.0%
5535667.0%
5539169.1%
5533171.8%
5543663.4%

All demographics

Population
31,505
Households
14,148
Median age
37.2 yrs
Median household income
$99,397
Mean household income
$126,804
Per capita income
$57,144
Median home value
$348,700
Median gross rent
$1,425
Owner-occupied housing
66.3%
Bachelor's degree or higher
54.3%
In labor force
74.4%
Poverty rate
6.6%
Households earning $100k+
49.6%
Population under 5
7.5%
Population age 18–34
25.4%
Population age 25–44
36.9%
Population age 45–64
22.4%
Population age 65+
14.6%
Hispanic or Latino
7.2%
Black (non-Hispanic)
9.5%
Asian (non-Hispanic)
3.0%
Unemployment rate
3.6%

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/55418

Link to this page

Permanent URL backed by Census ACS data in PocketBase.

Context & methodology

About ZIP 55418 income statistics ($99,397 median)

ZIP Code Tabulation Area 55418 in Minnesota is defined by the U.S. Census Bureau for statistical reporting. It closely matches USPS ZIP code 55418 but may differ slightly at edges — use these ACS figures as demographic benchmarks, not exact postal boundaries.

An estimated 31,505 people live in this ZCTA. Median household income here ($99,397) is lower than Hennepin County County ($105,541). Operators sizing a local market often pair median income with mean income ($126,804) 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