Minneapolis, MN
55406
Hennepin County County · Minnesota · Pop. 36,780
Last updated: May 2026
Minneapolis, Minnesota (ZIP code 55406) is home to approximately 36,780 residents. The median household income in 55406 is $61,314, which is 13% below the national average of $70,784. The cost of living in 55406 is reflected in its housing market - the median home value is $337,141 and the average rent is $1,326/month. 55406 has a violent crime rate of 370.0 per 100,000 residents, which is 3% below the national average - earning it a safety grade of A+. 55406 is served by with an average school rating of 6.9/10. Air quality in 55406 is rated Good with an average AQI of 31.1. The average commute time in 55406 is 21 minutes, 6 minutes below the national average. Compare 55406 vs national averages and nearby neighborhoods using our free ZipScore intelligence platform.
On This Page
👥 Demographics
Race & Ethnicity
💰 Income & Economy
Affordability Assessment: Renters spend about 26% of income on rent - within the affordable range. Home prices are relatively high at 5.5x the median income.
🏠 Housing
🔒 Safety & Crime
Minneapolis (55406) has violent crime rates close to the national average. Exercise normal precautions as you would in any US city.
🎓 Schools & Education
Top Schools in 55406
| School | Type | Rating | Students |
|---|---|---|---|
| Minneapolis High School | public | 8/10 | 576 |
| St. Mary's School of Minneapolis | public | 8/10 | 447 |
| Minneapolis Academy | public | 7/10 | 465 |
| Minneapolis Charter School | public | 7/10 | 735 |
🌡️ Climate & Weather
🌫️ Air Quality
⚠️ Natural Disaster Risk
🚗 Commute
Nearby ZIP Codes
Compare 55406 With Another ZIP
Pros and Cons of Living in Minneapolis, MN (55406)
Based on crime, housing, income, schools, and air quality data
✅ Pros
- + Good air quality - average AQI of 31.1 (rated "Good" by EPA standards)
- + 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 55406
What is the population of 55406? ▼
The population of ZIP code 55406 in Minneapolis, Minnesota is approximately 36,780 people.
Is 55406 safe to live in? ▼
Minneapolis (55406) has violent crime rates close to the national average. Exercise normal precautions as you would in any US city. Safety Grade: A+.
What is the median income in 55406? ▼
The median household income in 55406 (Minneapolis, Minnesota) is $61,314. The per capita income is $39,854. The US national median household income is $70,784.
What is the cost of living in 55406? ▼
Renters spend about 26% of income on rent - within the affordable range. Home prices are relatively high at 5.5x the median income. Median home value: $337,141. Average rent: $1,326/month.
What are schools like in 55406? ▼
Schools in 55406 receive an Education Grade of B. There are 4 schools with an average rating of 6.9/10 and a student-teacher ratio of 17:1. See the full schools section above for individual school listings.
What is the crime rate in 55406? ▼
The violent crime rate in 55406 is 370.0 per 100,000 residents, which is below the national average of 380.7. Property crime rate: 1821.0 per 100k (national avg: 1,958.2).
What is the average rent in 55406? ▼
The median monthly rent in 55406 (Minneapolis, Minnesota) is $1,326/month. The national median rent is $1,163/month.
What is the median home value in 55406? ▼
The median home value in 55406 (Minneapolis, Minnesota) is $337,141. The national median home value is $303,400.
Is 55406 a good place to live? ▼
55406 (Minneapolis, Minnesota) has a ZipScore of 62/100 - 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 55406? ▼
The average Air Quality Index (AQI) in 55406 is 31.1 - rated Good by EPA standards. Average PM2.5 level: 5.1 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