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Demographics
Population
Median Income
Racial Distributions
The 55409 zip code in Minneapolis, Minnesota, is classified as a "White Majority" community with moderate diversity as of 2022. The area has a population of 11,865 and a median income of $89,399. The white population comprises 68% of residents, with significant representation from Black (13%) and Hispanic (11%) communities.
Over the past decade, this zip code has maintained its "White Majority" status, with the white population percentage remaining relatively stable between 65-70%. Subtle shifts indicate a trend towards increased diversity. The Black population has increased from 10% in 2013 to 13% in 2022. The Hispanic population has decreased from 17% in 2013 to 11% in 2022. The percentage of residents identifying as two or more races has increased from 2% in 2013 to 6% in 2022, suggesting a trend towards a more multiracial community.
The median income in this zip code has shown an upward trend over the past decade. In 2013, the median income was $76,117. By 2022, it had risen to $89,399, an increase of about 17.5%. The peak was observed in 2021 at $94,795. This increase in median income correlates with the subtle demographic shifts. As the community has become slightly more diverse, it has also become more affluent.
The population has remained relatively stable over this period, decreasing slightly from 12,512 in 2013 to 11,865 in 2022. This minor population decrease, coupled with rising incomes, might indicate a trend towards smaller, more affluent households.
These trends align with broader patterns observed in many urban areas across the United States. These include gradual increases in diversity, particularly in previously predominantly white neighborhoods; rising median incomes in urban areas, often associated with gentrification and the influx of higher-earning professionals; and slight decreases in population in some urban areas, potentially due to rising housing costs pushing out lower-income residents.
The zip code's evolution reflects a common pattern in many American cities: a traditionally white majority area slowly becoming more diverse while simultaneously experiencing economic growth. This pattern often brings both opportunities and challenges that local policymakers and community leaders may need to address to ensure equitable development and maintain community cohesion.