Minneapolis (zip 55407), Minnesota 

2 Reviews | Review This PlaceHomes For Sale

Population

43,103

+8.0% since 2020

Unemployment Rate

4.5%

Median Income

$49,253

Median Home Price

$312,800

Minneapolis Gifts

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. August, June and July are the most pleasant months in the 55407 zip code, while January and December are the least comfortable months.

Minneapolis, MN Housing Market
Lowest Priced HomesHOMES UNDER $250,000
Most Expensive ListingsHOMES $250,001 to $500,000
Largest HomesHOMES $500,001 to $750,000
Median Priced HomesHOMES $750,001 to $1,000,000
Pros
Education
Attractive downtown
Attractive neighborhoods
Cons
Growth and sprawl
Cost of living
Harsh winters


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: See Homes
Country: United States
State: Minnesota
County: Hennepin County
Metro Area: Minneapolis-St. Paul-Bloomington Metro Area
Political Ideology: Strongly liberal
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 4.5% (U.S. avg. is 6.0%). Recent job growth is Positive. Minneapolis (zip 55407) jobs have increased by 1.8%. More Economy

COST OF LIVING
Compared to the rest of the country, Minneapolis (zip 55407)'s cost of living is 5.7% higher than the U.S. average. More Cost of Living or Compare Minneapolis (zip 55407)'s Cost of Living

WEATHER & CLIMATE
#WeatherDataText# Today's Weather | Climate Averages

VOTING
In the last Presidential election, Hennepin county remained overwhelmingly Democratic, 70.5% to 27.2%. More Voting Stats

POPULATION
Minneapolis (zip 55407)'s population is 43,103 people. Since 2020, it has had a population growth of 8.0%. Learn More...

TRANSPORTATION
Average Commute time is 23.9 minutes. The National Average is 26.4 minutes. Learn More...

REAL ESTATE
The median home cost in Minneapolis (zip 55407) is Real Estate: $312,800. Home appreciation the last 10 years has been 6.8%.

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). 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 9.4% in the last 12 months.
The median home price in Minneapolis is $312,800.

View More Data >

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


View More Data >

COMPARE COST OF LIVING
Compare Minneapolis (zip 55407), Minnesota to any other place in the USA.


MAPS OF MINNEAPOLIS (ZIP 55407), MINNESOTA
Minneapolis,Minnesota County Map
ZIP CODES IN MINNEAPOLIS (ZIP 55407), MINNESOTA
Minneapolis (zip 55407)

PREMIUM MEMBERSHIP

Members receive 10 FREE city profile downloads a month, unlimited access to our detailed cost of living calculator and analysis, unlimited access to our DataEngine, and more.

Try Now

Join BestPlaces