Minneapolis (zip 55407), Minnesota 

2 Reviews | Review This Place

Population

38,596

9% Growth

Unemployment Rate

3.7%

Median Income

$49,253

Avg. Home Price

$243,000

Best Places to Live in Minneapolis (zip 55407), 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

Find your Best Mortgage in Minneapolis: Fixed Rate, Adjustable Rate, 30 years, 15 years

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

City: Minneapolis
Zip Codes: Minneapolis (zip 55407)
Time zone: Central Standard Time (CST)
Elevation: 838 ft above sea level

Highlights

ECONOMY
The unemployment rate in Minneapolis (zip 55407) is 3.7% (U.S. avg. is 5.2%). Recent job growth is Positive. Minneapolis (zip 55407) jobs have increased by 1.24%. Learn More...
COST OF LIVING
Compared to the rest of the country, Minneapolis (zip 55407)'s cost of living is 5.30% higher than the U.S. average. Learn More... or Compare Minneapolis (zip 55407)'s Cost of Living
POPULATION
Minneapolis (zip 55407)'s population is 38,596 people. Since 2000, it has had a population growth of 9.32%. Learn More...
TRANSPORTATION
Average Commute time is 31 minutes. The National Average is 26 minutes. Learn More...
REAL ESTATE
The median home cost in Minneapolis (zip 55407) is $243,000. Home appreciation the last 10 years has been 8.05%. Check out the homes in the area.
SCHOOLS
Minneapolis (zip 55407) 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 55407). Learn More...

Best Places to Live in Minneapolis Rankings


Housing Market in Minneapolis

It's a good time to buy in Minneapolis. Home Appreciation is up 8.1% in the last 12 months. Browse Minneapolis Real Estate.

The median home price in Minneapolis is $243,000. Browse Homes in this Range.


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Reviews for Minneapolis   2 Reviews
Powderhorn Park in Minneapolis is divine! - 7/17/2009
The neighborhood has a range of socio-economic levels, a liberal political slat, a very active neighborhood association, a lovely park with lots of great activities all... Read More

Start Your Review of Minneapolis


Powderhorn Park - 11/6/2007
This is an area for those who want access to public transportation, park access within a few blocks and appreciate... Read More


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MORTGAGE RATES IN MINNEAPOLIS
30 Yr Fixed
15 Yr Fixed
7 Yr ARM
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MAPS OF MINNEAPOLIS (ZIP 55407), MINNESOTA
Minneapolis,Minnesota(55407) Zip Code Map
ZIP CODES IN MINNEAPOLIS (ZIP 55407), MINNESOTA
Minneapolis (zip 55407)
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