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    Zip Code 55423

    Minneapolis, Minnesota — Hennepin County

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    📍 ZIP code 55423 is in Minneapolis, Hennepin County, Minnesota.

    ZIP code 55423 is located in Minneapolis, Hennepin County, Minnesota. It is a zip code in the Central (CST/CDT) Time Zone with an estimated population of 36,779. The area code for ZIP code 55423 is 612.

    Quick Answer

    Zip code 55423 is in Minneapolis, Minnesota (Hennepin County). It has a population of 36,779, median household income of $84,102, and median home value of $320,300.

    Population

    36,779

    Income

    $84,102

    Home Value

    $320,300

    Climate

    83°F / 9°F

    About Zip Code 55423

    Zip code 55423 is located in Minneapolis, Minnesota, within Hennepin County. Home to approximately 36,779 residents, this area sits at an elevation of 842 ft and falls within the Central (CST/CDT) timezone. The local area code is 612.

    The median household income is $84,102 per year, which is above the national median of $70,784. Homes in this zip code have a median value of $320,300, and the cost of living index is 106 (6% above the national average of 100).

    Summers average a high of 83°F while winters drop to 9°F. The area receives about 32 in of rain and 51 in of snow annually. The zip code covers 7 square miles of land area and 0.1 square miles of water.

    Key Statistics

    Population

    36,779

    Median Income

    $84,102

    Median Home Value

    $320,300

    Timezone

    Central (CST/CDT)

    Area Code

    612

    Elevation

    842 ft

    Land Area

    7 sq mi

    Median Age

    38.9

    Housing Units

    16,792

    Compare With Nearby Zip Codes

    Metric554235541955435554505542055410
    CityMinneapolis, MNMinneapolis, MNMinneapolis, MNMinneapolis, MNMinneapolis, MNMinneapolis, MN
    Population36,77929,72813,698024,00820,361
    Median Income$84,102$143,254$75,829$0$77,539$144,973
    Home Value$320,300$479,000$340,600$0$306,600$597,400
    Cost of Living106173106100100201
    Median Age38.937.849.2-66666666638.840.4

    Cost of Living

    Cost of Living Index106

    100 = National Average. Minneapolis's cost of living is 6% above the national average.

    vs. State Avg

    Above

    Affordability

    Moderate

    Income-to-Home

    3.8x

    Demographics

    Zip code 55423 has a population of 36,779 people with a median age of 38.9. There are 16,792 housing units in this area.

    Racial & Ethnic Composition

    white61%
    black10%
    hispanic18%
    asian6%
    other5%

    Source: U.S. Census Bureau American Community Survey estimates.

    Population History

    Minneapolis (55423) population trend from 2010 to 2024

    ↑ 5.3%
    2010201220142016201820202022202431k36k41k50k

    Source: U.S. Census Bureau estimates and American Community Survey data.

    Climate & Weather

    Summer High

    83°F

    Winter Low

    9°F

    Annual Rainfall

    32 in

    Annual Snowfall

    51 in

    Minneapolis experiences warm summers with average highs around 83°F. Winters are cold with lows averaging 9°F. With 51 in of annual snowfall, residents should be prepared for significant winter weather.

    Housing & Economy

    Median Home Value

    $320,300

    Median Household Income

    $84,102

    With 16,792 housing units across 7 square miles, 55423 has a housing density of 2,399 units per square mile. The home price-to-income ratio is 3.8x.

    Location & Geography

    Latitude

    44.8744°

    Longitude

    -93.2824°

    Land Area

    7 sq mi

    Water Area

    0.1 sq mi

    44.8744, -93.2824Open in Google Maps →

    Nearby Zip Codes

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    ZIP Codes with Similar Income Nationwide

    The five U.S. ZIP codes whose median household income is closest to 55423's $84,102. A way to compare Minneapolis to economically similar communities elsewhere in the country.

    Computed from U.S. Census Bureau ACS 5-Year Estimates by the Zip Code Near Me Data Team.

    ZIP Codes with Similar Demographics

    The five U.S. ZIP codes whose racial and ethnic composition most closely matches 55423 (Minneapolis, MN). Similarity is measured by cosine distance on the five-category ACS demographic vector.

    Computed from U.S. Census Bureau ACS 5-Year Estimates by the Zip Code Near Me Data Team.

    Explore Minnesota

    Popular "Near Me" Searches

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    People Also Ask

    What zip code is Minneapolis, Minnesota?

    Minneapolis, Minnesota uses zip code 55423 along with 12 other zip codes.

    What county is zip code 55423 in?

    Zip code 55423 is located in Hennepin County, Minnesota.

    What is the population of zip code 55423?

    The population of zip code 55423 is 36,779 with a median age of 38.9.

    Is 55423 in Minneapolis, Minnesota?

    Yes, zip code 55423 is in Minneapolis, Hennepin County, Minnesota. The area code is 612.

    Frequently Asked Questions

    What city is zip code 55423 in?

    Zip code 55423 is in Minneapolis, Minnesota. It is part of Hennepin County and uses the Central (CST/CDT) timezone.

    What is zip code 55423?

    Zip code 55423 is a U.S. postal code in Minneapolis, Minnesota (Hennepin County). It has a population of 36,779 and covers 7 square miles.

    What is the population of zip code 55423?

    The population of zip code 55423 (Minneapolis, MN) is 36,779 with a median age of 38.9. There are approximately 16,792 housing units in this area.

    What is the median income in zip code 55423?

    The median household income in zip code 55423 (Minneapolis, MN) is $84,102 per year. The cost of living index is 106 (100 = national average).

    What is the average home price in zip code 55423?

    The median home value in zip code 55423 (Minneapolis, MN) is $320,300. The cost of living index is 106 compared to the national average of 100.

    What county is zip code 55423 in?

    Zip code 55423 is located in Hennepin County, Minnesota. The primary city is Minneapolis.

    What is the area code for zip code 55423?

    Zip code 55423 in Minneapolis, MN uses area code 612. It is located in the Central (CST/CDT) timezone.

    Is zip code 55423 a good place to live?

    Zip code 55423 (Minneapolis, MN) has a cost of living index of 106 (100 = national average), a median household income of $84,102, and median home values of $320,300. The median age is 38.9. Visit the full page for demographics, climate, and nearby zip code comparisons.

    What is the cost of living in zip code 55423?

    The cost of living index for zip code 55423 (Minneapolis, MN) is 106, where 100 represents the national average. This area is above the national average. Median home value: $320,300.

    What schools serve zip code 55423?

    Zip code 55423 in Minneapolis, Minnesota is served by the local school district of Hennepin County. For specific school information, check your state's department of education or GreatSchools.org.

    All demographic data on this page is sourced from the U.S. Census Bureau American Community Survey (ACS) 5-Year Estimates. ZIP code boundary and delivery data is sourced from the United States Postal Service (USPS). Data is updated periodically and may not reflect the most current figures. Census Bureau ZIP Code Tabulation Areas (ZCTAs) may differ slightly from USPS ZIP code boundaries.

    People Also Searched For

    Data Sources

    Population, income, housing, age, and demographics
    U.S. Census Bureau, American Community Survey 5-Year Estimates, 2019-2023 vintage.
    ZIP to city and county mapping
    USPS and HUD-USPS ZIP-County Crosswalk.
    Time zones and area codes
    IANA tz database and NANPA.
    Elevation
    U.S. Geological Survey National Elevation Dataset (NED), via the USGS Elevation Point Query Service. Mapped to each ZCTA centroid coordinates. Last refreshed 2026-05-19.
    Last refreshed
    2026-05-18.

    Methodology