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US ZIP Code Profile

ZIP Code 55407
Minneapolis, Minnesota

ZIP code 55407 is in Minneapolis, located in Hennepin County, Minnesota, within the Minneapolis-St. Paul-Bloomington metro area. Its 2020 Census population was 38,506. The estimated median adjusted gross income per tax return is $45,992, and about 3% of filers report $200,000 or more.

2020 Population
38,506
Census ZCTA
County
Hennepin
FIPS 27053
Median income (est.)
$45,992
IRS SOI 2022
Land Area
4.041 mi²
+ 0.101 mi² water

01Location & Geography

Authoritative geographic identifiers from the U.S. Census Bureau, ANSI, and FIPS standards.

Primary CityMinneapolis, MN
CountyHennepin County (FIPS 27053)
StateMinnesota (FIPS 27)
Metro Area (MSA)Minneapolis-St. Paul-Bloomington, MN-WI Metro Area (33460)
Census Region / DivisionMidwest Region · West North Central Division
Coordinates44.935036, -93.25303
Land / Water Area4.041 mi² land · 0.101 mi² water

02Income & Economics

Distribution of the 17,480 individual tax returns filed in 55407 by adjusted gross income bracket (IRS SOI, 2022).

< $25K
27.2%
$25K–$50K
27.1%
$50K–$75K
17.7%
$75K–$100K
9.8%
$100K–$200K
14.6%
$200K+
3.5%
The $200,000+ bracket accounts for 16% of 55407's total adjusted gross income, from 3% of returns — a concentration that drives the gap between the median ($45,992) and the average.
Estimated median = median adjusted gross income per tax return, interpolated from IRS SOI brackets. Differs from U.S. Census household income.

03Income Over Time

Year-over-year change in 55407's IRS income metrics, 2020–2022.

Median income (2021→2022)
$45,992
▲ 5.2%
Filers earning $200K+
3.5%
▲ 0.6 pt
Total filers
17,480
▲ 0.9%
GET /zipc/v2/zipcodes/55407/soi?year=… $40K 2020 $44K 2021 $46K 2022
Median = adjusted gross income per return, interpolated from IRS SOI brackets. Figures are nominal (not inflation-adjusted).

04Population Trend

Decennial U.S. Census population for the 55407 ZCTA.

2000
37,879
 
2010
37,881
▲ +0.0%
2020
38,506
▲ +1.6%

05Nearby ZIP Codes — Live Radius Search

Drag the slider to filter ZIP codes by distance from 55407. Powered by the same radius endpoint developers call from the API.

GET /zipc/v2/radius

ZIP codes within range of 55407

Minneapolis and its immediate neighbors, sorted by distance.

3 mi
GET /zipc/v2/distance

Distance from 55407 to any ZIP

Enter a 5-digit ZIP to calculate the distance.

06USPS Postal Details

Delivery and facility attributes from the monthly USPS dataset.

ZIP ClassificationNon-Unique Zip
Facility TypePost Office
Carrier Route SortD
USPS Finance Number266360
City AliasesMinneapolis

07Frequently Asked Questions

What county is ZIP code 55407 in?

ZIP code 55407 is in Hennepin County, Minnesota (county FIPS code 27053).

What city is ZIP code 55407?

The primary USPS city for 55407 is Minneapolis, MN.

What metro area (MSA) is 55407 in?

55407 is part of the Minneapolis-St. Paul-Bloomington, MN-WI Metro Area (MSA code 33460).

What is the population of ZIP code 55407?

The 2020 Census population of 55407 was 38,506 residents.

What is the median income in ZIP code 55407?

Based on IRS Statistics of Income data, the estimated median adjusted gross income per tax return in 55407 is about $45,992, with around 3% of filers reporting $200,000 or more. Note that adjusted gross income is a tax measure and differs from U.S. Census household income.