Minneapolis (zip 55406), Minnesota 

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Population

33,298

+3.7% since 2010

Unemployment Rate

2.5%

Median Income

$59,464

Median Home Price

$253,300

Best Places to Live in Minneapolis (zip 55406), Minnesota

Regional-center complex/Capital city - Southeast Minnesota along upper Mississippi River, 20 miles west of Wisconsin border
Pros
-Education
-Attractive downtown
-Attractive neighborhoods
Cons
-Growth and sprawl
-Cost of living
-Harsh winters

Local Listings in 55406
 $289,900 
3808 46th Ave S
Bed 2 | Bath 2.0 | 1500 SqFt
 $289,900 
3808 46th Ave S
Bed 2 | Bath 2.0 | 1500 SqFt
 $230,000 
4054 Nokomis Ave
Bed 2 | Bath 2.0 | 1092 SqFt
 $259,900 
4120 39th Ave S
Bed 3 | Bath 1.0 | 1277 SqFt

What Bert Has To Say About Minneapolis-St. Paul-Bloomington Metro Area

The “twin cities” serve as a regional center for the upper Midwest and northern Great Plains. The fully cosmopolitan area is a balanced industrial, commercial, educational, and cultural center, and functions much as one city. The area is one of the most economically diverse in the country, serving as headquarters to large firms in agriculture, food, banking, technology, retailing, healthcare, and transportation. A few of the well-known companies include General Mills, 3M, US Bancorp, United Healthcare, and retailers Target and Best Buy. Job growth is still fairly modest, but overall, the Twin Cities have have a strong and prosperous feel.


QUICK FACTS

Real Estate: For Sale  For Rent
Country: United States
State: Minnesota
County: Hennepin County
Metro Area: Minneapolis-St. Paul-Bloomington Metro Area
Political Ideology: Somewhat liberal
City: Minneapolis
Zip Codes: Minneapolis (zip 55406)
Time zone: Central Standard Time (CST)
Elevation: 838 ft above sea level

Highlights

ECONOMY
The unemployment rate in Minneapolis (zip 55406) is 2.5% (U.S. avg. is 3.9%). Recent job growth is Positive. Minneapolis (zip 55406) jobs have increased by 1.80%. More Economy

COST OF LIVING
Compared to the rest of the country, Minneapolis (zip 55406)'s cost of living is 15.80% higher than the U.S. average. More Cost of Living or Compare Minneapolis (zip 55406)'s Cost of Living

VOTING
Hennepin county voted Democratic in the previous five Presidential elections. More Voting Stats

POPULATION
Minneapolis (zip 55406)'s population is 33,298 people. Since 2010, it has had a population growth of 3.69%. Learn More...

TRANSPORTATION
Average Commute time is 22 minutes. The National Average is 26 minutes. Learn More...

REAL ESTATE
The median home cost in Minneapolis (zip 55406) is $253,300. Home appreciation the last 10 years has been 10.29%. Check out the homes in the area or Find top agents in Minneapolis (zip 55406)

SCHOOLS
Minneapolis (zip 55406) public schools spend $18,026 per student. The average school expenditure in the U.S. is $12,383. There are about 15 students per teacher in Minneapolis (zip 55406). More Education


Best Places to Live in Minneapolis Rankings


Housing Market in Minneapolis

It's a good time to buy in Minneapolis. Home Appreciation is up 6.8% in the last 12 months. Browse Minneapolis Real Estate or Find top agents in Minneapolis

The median home price in Minneapolis is $253,300. Browse Homes in this Range.


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MAPS OF MINNEAPOLIS (ZIP 55406), MINNESOTA
Minneapolis,Minnesota County Map
ZIP CODES IN MINNEAPOLIS (ZIP 55406), MINNESOTA
Minneapolis (zip 55406)

PREMIUM SUBSCRIPTION

Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.

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NEW LISTINGS IN 55406
$289,900
3808 46th Ave S
Bed 2 | Bath 2.0 |

$230,000
4054 Nokomis Ave
Bed 2 | Bath 2.0 |

$259,900
4120 39th Ave S
Bed 3 | Bath 1.0 |

$235,000
4529 32nd Ave S
Bed 2 | Bath 1.0 |

$249,900
4516 41st Ave S
Bed 2 | Bath 1.0 |

$275,000
4101 31st Ave S
Bed 3 | Bath 3.0 |

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