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410 W LAKE ST, MINNEAPOLIS, MN 55408 • Hennepin County
(651) 582-8204

Local Area Demographics & Housing Comparison (ZIP 55408)

Comparative socio-economic indicators across local, municipal, county, state, and national benchmarks.

Census ACS 5-Year Data
Median Household Income Median Home Value Poverty Rate (%)
Peak Value: $500,000
$0k 0% $125k 5% $250k 10% $375k 15% $500k 20% ZIP 55408 Income: $72,421 $72k ZIP 55408 Home Value: $387,500 $388k ZIP 55408 This ZIP Minneapolis Income: $86,003 $86k Minneapolis Home Value: $357,009 $357k Minneapolis City Average Hennepin County Income: $110,348 $110k Hennepin County Home Value: $421,454 $421k Hennepin County County Average Minnesota Income: $84,221 $84k Minnesota Home Value: $263,778 $264k Minnesota State Average United States Income: $76,308 $76k United States Home Value: $277,906 $278k United States U.S. National ZIP 55408 Poverty Rate: 15.3% 15.3% Minneapolis Poverty Rate: 14.1% 14.1% Hennepin County Poverty Rate: 9.8% 9.8% Minnesota Poverty Rate: 9.0% 9.0% United States Poverty Rate: 12.4% 12.4%
Geographic Area Median
Household Income		 Median
Home Value		 Poverty
Rate		 Total
Population
ZIP 55408 Current ZIP
$72,421 $387,500 15.3% 32,534
Minneapolis (City Average)
$86,003 $357,009 14.1% 568,842
Hennepin County (County Average)
$110,348 $421,454 9.8% 1,259,707
Minnesota (State Average)
$84,221 $263,778 9.0% 5,437,551
United States (U.S. National)
$76,308 $277,906 12.4% 335,555,510