ZIP 55428 - 860Z200US55428 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 55428, located in the Minneapolis-St. Paul metro area, this demographic and housing snapshot offers a clear picture of the community. With data from 2023, we’ll break down population trends, household dynamics, income levels, housing costs, and racial composition to help you make informed decisions. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights into ZIP 55428 will guide your next steps with confidence.

Population & Households

ZIP 55428 is home to a population of 32,679 residents, making it a moderately sized community with a diverse mix of individuals and families. The area supports 12,889 households, reflecting a strong residential base. With 13,495 total housing units, there’s a slight surplus of available homes compared to occupied households, which could indicate opportunities for buyers or renters looking to settle in this area. This balance suggests a stable housing market with room for growth or investment.

Income & Housing Costs

The median household income in ZIP 55428 stands at $69,004, positioning it as a community with a solid middle-income base. This income level supports a comfortable lifestyle for many residents and indicates purchasing power for local businesses. On the housing front, the median home value is $277,900, which aligns with the income levels and offers a reasonable entry point for homebuyers in the broader metro market. For renters, the median rent is $1,291 per month, reflecting a competitive rental market that may appeal to those not yet ready to buy. These figures provide a balanced view of affordability and value for both residents and investors in ZIP 55428.

Race & Ethnicity

ZIP 55428 boasts a diverse population, with a racial and ethnic composition that enriches the community’s cultural fabric. White residents make up 49.37% of the population, followed by Black residents at 30.29%. Asian individuals account for 7.04%, while Hispanic or Latino residents represent 7.62%. This diversity creates a vibrant, multicultural environment, which can be a draw for families seeking inclusive communities, businesses targeting varied customer bases, or investors looking for dynamic markets. Understanding this mix is key to tailoring services, marketing, or community engagement in ZIP 55428.

Key Facts

• Total population: 32,679 residents, offering a sizable community for engagement or investment.
• Total households: 12,889, indicating a strong residential foundation.
• Total housing units: 13,495, suggesting potential availability for new occupants.
• Median household income: $69,004, reflecting a stable middle-income demographic.
• Median home value: $277,900, a competitive price point in the regional market.
• Median rent: $1,291, providing insight into rental affordability.
• Diverse population: 49.37% White, 30.29% Black, 7.04% Asian, and 7.62% Hispanic.

What This Means for You

For homebuyers, ZIP 55428 offers a promising mix of affordability and community diversity. With a median home value of $277,900 and a slight surplus of housing units, you may find good options to fit your budget and lifestyle in a culturally rich area. Real estate investors and agents can leverage the stable median income of $69,004 and the balanced housing market to target both buyers and renters, especially with a median rent of $1,291 that appeals to a wide audience. Small-business owners will appreciate the diverse population of over 32,000 and the solid income levels, which suggest a customer base with disposable income for goods and services. Finally, analysts can use these metrics to benchmark ZIP 55428 against nearby areas, identifying trends in housing demand or demographic shifts. This data equips you with the insights needed to act strategically, no matter your goal.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 55428? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing, and more, tailored to your needs.
• Use the insights to inform your homebuying, investment, or business decisions with confidence and precision.