Minneapolis, MN
55401
Hennepin County County · Minnesota · Pop. 9,840
Last updated: May 2026
Minneapolis, Minnesota (ZIP code 55401) is home to approximately 9,840 residents. The median household income in 55401 is $67,502, which is 5% below the national average of $70,784. The cost of living in 55401 is reflected in its housing market - the median home value is $283,097 and the average rent is $1,134/month. 55401 has a violent crime rate of 204.0 per 100,000 residents, which is 46% below the national average - earning it a safety grade of A+. 55401 is served by with an average school rating of 6.1/10. Air quality in 55401 is rated Good with an average AQI of 33.5. The average commute time in 55401 is 19 minutes, 8 minutes below the national average. Compare 55401 vs national averages and nearby neighborhoods using our free ZipScore intelligence platform.
On This Page
👥 Demographics
Race & Ethnicity
💰 Income & Economy
Affordability Assessment: Renters in this area spend approximately 20% of their income on rent, which is considered very affordable. Home prices are moderately affordable at 4.2x the median income.
🏠 Housing
🔒 Safety & Crime
Minneapolis (55401) has lower-than-average violent crime rates - 46% below the national average - making it a relatively safe place to live.
🎓 Schools & Education
Top Schools in 55401
| School | Type | Rating | Students |
|---|---|---|---|
| Heritage Academy | public | 7/10 | 800 |
| Riverside Elementary | public | 7/10 | 907 |
| Minneapolis Elementary School | public | 7/10 | 614 |
| Minneapolis STEM Academy | public | 5/10 | 834 |
🌡️ Climate & Weather
🌫️ Air Quality
⚠️ Natural Disaster Risk
🚗 Commute
Nearby ZIP Codes
Compare 55401 With Another ZIP
Pros and Cons of Living in Minneapolis, MN (55401)
Based on crime, housing, income, schools, and air quality data
✅ Pros
- + Low crime rate - violent crime is 46% below the national average
- + Good air quality - average AQI of 33.5 (rated "Good" by EPA standards)
- + Short commute times - average 19 minutes
- + Low natural disaster risk - minimal risk of flooding, earthquakes, and severe weather
⚠️ Cons
No significant concerns identified based on available data.
Data sourced from US Census Bureau, FBI Crime Statistics, and EPA. Individual experiences may vary.
Frequently Asked Questions about ZIP Code 55401
What is the population of 55401? ▼
The population of ZIP code 55401 in Minneapolis, Minnesota is approximately 9,840 people.
Is 55401 safe to live in? ▼
Minneapolis (55401) has lower-than-average violent crime rates - 46% below the national average - making it a relatively safe place to live. Safety Grade: A+.
What is the median income in 55401? ▼
The median household income in 55401 (Minneapolis, Minnesota) is $67,502. The per capita income is $43,876. The US national median household income is $70,784.
What is the cost of living in 55401? ▼
Renters in this area spend approximately 20% of their income on rent, which is considered very affordable. Home prices are moderately affordable at 4.2x the median income. Median home value: $283,097. Average rent: $1,134/month.
What are schools like in 55401? ▼
Schools in 55401 receive an Education Grade of C. There are 4 schools with an average rating of 6.1/10 and a student-teacher ratio of 18:1. See the full schools section above for individual school listings.
What is the crime rate in 55401? ▼
The violent crime rate in 55401 is 204.0 per 100,000 residents, which is below the national average of 380.7. Property crime rate: 1550.0 per 100k (national avg: 1,958.2).
What is the average rent in 55401? ▼
The median monthly rent in 55401 (Minneapolis, Minnesota) is $1,134/month. The national median rent is $1,163/month. This ZIP code is more affordable than the national average for renters.
What is the median home value in 55401? ▼
The median home value in 55401 (Minneapolis, Minnesota) is $283,097. The national median home value is $303,400. Homes in this ZIP code are more affordable than the national average.
Is 55401 a good place to live? ▼
55401 (Minneapolis, Minnesota) has a ZipScore of 67/100 - our composite score based on safety (25%), affordability (20%), schools (15%), air quality (10%), climate (10%), commute (10%), and disaster risk (10%). This is a good neighborhood with solid fundamentals.
What is the air quality in 55401? ▼
The average Air Quality Index (AQI) in 55401 is 33.5 - rated Good by EPA standards. Average PM2.5 level: 5.7 µg/m³.
Data sourced from U.S. Census Bureau (ACS), FBI Uniform Crime Report, EPA AirNow, FEMA National Risk Index, and Open-Meteo. Last updated: May 2026