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Demographics
Population
Population Density
Zip code 55402 in Minneapolis, Minnesota, demonstrates characteristics of a highly urbanized area with a dense population and significant development trends. The population in this zip code increased from 765 to 1,469 residents between 2010 and 2022. This growth indicates urbanization and suggests ongoing development of residential and commercial spaces.
The population density in 2022 was 9,181.25 people per square mile, indicative of an urban environment. This density suggests a prevalence of multi-story residential and commercial structures, typical of city centers. Residents in such areas often inhabit smaller living spaces.
The lifestyle in this zip code is likely urban, characterized by extensive public transportation, diverse dining options, cultural venues, and proximity to business districts. The high density implies many amenities and services are within walking distance.
The rapid population growth and high density suggest significant vertical development, with new high-rise buildings constructed to accommodate the influx of residents. This growth pattern indicates a strong local economy and job market.
The estimated number of housing units (approximately 563 based on the 2022 population) in relation to the small area (0.16 square miles) further supports the likelihood of vertical, high-density residential structures dominating the landscape.
In conclusion, zip code 55402 in Minneapolis represents a highly urbanized area experiencing rapid growth and densification. The area likely offers the conveniences and cultural aspects associated with city center living, while facing challenges of managing high-density urban environments.