ZIP Code 55413 is associated with the city of Minneapolis in Minnesota (Hennepin County) in the U.S. Median househould income is at $70,062, with an estimated 13% of the population living below the poverty line. The median age in 55413 is estimated to at 33.3 years, and about 16.0% of residents are aged 62 years and older. About 92.2% of residents in this Minnesota region have a high school degree or higher, while the per capita income is estimated at $41,990. The current population estimate is 14,261.
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The median household income in ZIP Code 55413 is $70,062, while the region's mean household income is $86,368. Breaking income down further, per capita income in the region is $41,990. The per capita income in ZIP Code 55413 of $41,990 is approximately 11.6% more than the per capita income in Minnesota overall of $37,625. An estimated 13.0% of the population is living below the poverty line in this region. This rate is approximately36.84% higher than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 18.3% of the population in 55413 earn $100,000 to $149,999 per year, while an estimated 15.7% earn $75,000 to $99,999 per year, and 5.8% of 55413 residents earn $25,000 to $34,999 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 6.0% |
| $10,000 to $14,999 per year | 8.5% |
| $15,000 to $24,999 per year | 9.6% |
| $25,000 to $34,999 per year | 5.8% |
| $35,000 to $49,999 per year | 10.4% |
| $50,000 to $74,999 per year | 12.7% |
| $75,000 to $99,999 per year | 15.7% |
| $100,000 to $149,999 per year | 18.3% |
| $150,000 to $199,999 per year | 6.8% |
| $200,000 or more per year | 6.2% |
In ZIP Code 55413, 92.2% of the population graduated high school, while 50.5% have a bachelor's degree or higher. In this region, 4.2% achieved an education level less than 9th grade, while 15.1% hold a graduate or professional degree. Approximately 15.1% in this Hennepin County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 4.2% |
| 9th to 12th grade, no diploma | 3.6% |
| High school graduate (includes equivalency) | 15.1% |
| Some college, no degree | 18.4% |
| Associate's degree | 8.2% |
| Bachelor's degree | 35.5% |
| Graduate or professional degree | 15.1% |
Looking at race in the population that makes up ZIP Code 55413, 95.4% is one race, while 4.6% are two or more races. Approximately 10.1% of 55413 residents are hispanic or Latino (of any race). The most common race in 55413 (race alone or in combination with one or more other races), is White (75.6%), followed by Black or African American (16.1%) .
| Industry | Percent |
|---|---|
| White | 75.6% |
| Black or African American | 16.1% |
| American Indian and Alaska Native | 1.5% |
| Asian | 5.2% |
| Native Hawaiian and Other Pacific Islander | 0.1% |
| Some other race | 6.4% |
Residents of ZIP Code 55413 are younger than average. The median age of 33.3 years in ZIP Code 55413 is approximately 12.6% lower than the overall median age in the U.S. of 38.1 years. About 86.6% of residents are aged 18 years and older, and 16.0% of residents are 62 years and over. Approximately 31.3% of the population in 55413 falls in the age group 25 to 34 years, while an estimated 14.6% are aged 35 to 44 years. On the low end of the scale, 1.8% of 55413 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 4.3% |
| 5 to 9 years | 4.2% |
| 10 to 14 years | 3.1% |
| 15 to 19 years | 2.7% |
| 20 to 24 years | 7.4% |
| 25 to 34 years | 31.3% |
| 35 to 44 years | 14.6% |
| 45 to 54 years | 9.8% |
| 55 to 59 years | 4.5% |
| 60 to 64 years | 4.6% |
| 65 to 74 years | 8.8% |
| 75 to 84 years | 3.0% |
| 85 years and over | 1.8% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 55413 is current access to health insurance, as an estimated 93.4% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 55413 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 93.4% |
| Risk Behavior | Percent of adults* |
|---|
Regarding the age of homes in ZIP Code 55413, an estimated 50.6% of homes were built in 1939 or earlier. Additionally, 10.4% of homes in the region were built between 1980 and 1989, while an estimated 2.0% of homes were built between 2010 and 2013 in this Hennepin County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 2.0% |
| Built between 2010 and 2013 | 2.0% |
| Built between 2000 and 2009 | 7.3% |
| Built between 1990 and 1999 | 3.4% |
| Built between 1980 and 1989 | 10.4% |
| Built between 1970 and 1979 | 9.7% |
| Built between 1960 and 1969 | 6.0% |
| Built between 1950 and 1959 | 5.7% |
| Built between 1940 and 1949 | 2.9% |
| Built in 1939 or earlier | 50.6% |
In 55413, 76.4% of the population is in the labor force. Recent estimates place 6.4% as working from home, while the total labor force in the region has a mean travel to time to work of 21.4 minutes. Approximately 23.8% of the employed population 16 years and over in 55413 work in educational services, and health care and social assistance, while an estimated 15.3% work in professional, scientific, management, and administrative. On the lower end of the scale, just 0.4% of 55413 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.4% |
| Construction | 2.4% |
| Manufacturing | 10.3% |
| Wholesale trade | 1.7% |
| Retail trade | 9.9% |
| Transportation and warehousing, and utilities | 3.1% |
| Information | 2.8% |
| Finance and insurance, and real estate and rental and leasing | 7.6% |
| Professional, scientific, management, and administrative | 15.3% |
| Educational services, and health care and social assistance | 23.8% |
| Arts, entertainment, and recreation, and accommodation and food services | 15.1% |
| Other services, except public administration | 5.4% |
| Public administration | 2.2% |
In ZIP Code 55413, 78.2% of the population lists "English only" as the language spoken in home, while 9.0% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 4.4% of homes, and other Indo-European languages are spoken in 1.5% of homes. Lastly, 6.9% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Hennepin County region.
| Language Spoken | Percent |
|---|---|
| English only | 78.2% |
| Spanish | 9.0% |
| Other Indo-European languages | 4.4% |
| Asian and Pacific Islander languages | 1.5% |
| Other languages | 6.9% |
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 55413 | 11.48¢/kWh | 8.73¢/kWh | 6.83¢/kWh |
| Minnesota | 16.32¢/kWh | 13.1¢/kWh | 9.79¢/kWh |
| United States | 16.62¢/kWh | 13.58¢/kWh | 8.81¢/kWh |
| Month | ZIP Code 55413 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 1.9 | 5.84 | |
| Feb | 3 | 6.31 | |
| Mar | 3.65 | 7.02 | |
| Apr | 5.13 | 7.3 | |
| May | 5.17 | 7.13 | |
| Jun | 5.72 | 6.95 | |
| Jul | 6.22 | 6.51 | |
| Aug | 6.08 | 6.65 | |
| Sep | 5.15 | 7.02 | |
| Oct | 3.32 | 6.92 | |
| Nov | 2.33 | 5.99 | |
| Dec | 1.78 | 5.46 |
Regarding consumer complaints about financial products in ZIP Code 55413, credit reporting or credit repair services have received the most complaints in 55413 in the past 12 months. Student loan received the second most complaints. The most frequent complaint overall in this Hennepin County region was dealing with a lender or servicer.
| Complaint Product | Number of Complaints* |
|---|---|
| Credit reporting or credit repair services | 4 |
| Student loan | 4 |
| Debt collection | 3 |
| Checking or savings account | 2 |
| Credit reporting or other personal consumer reports | 2 |
| Other | 4 |
| Complaint Issue | Number of Complaints* |
|---|---|
| Dealing with your lender or servicer | 4 |
| Improper use of your report | 3 |
| Attempts to collect debt not owed | 1 |
| Communication tactics | 1 |
| Fraud or scam | 1 |
| Other | 9 |