USA.com / Minnesota / Hennepin County / Minneapolis, MN / 55429 / Housing

55429 Zip Code Housing

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As of 2010-2014, median price of a house in 55429 Zip Code is $141,200, which is lower than the state average of $185,200 and is lower than the national average of $175,700. The 55429 Zip Code median house value has grown by 30.98% since 2000. The growth rate for the price of a house in 55429 Zip Code is lower than the state average rate of 51.31% and is lower than the national average rate of 46.91%. The median year that a house in 55429 Zip Code was built is 1964, which is older than the median year for a house built in the state which is 1975 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 5,433 Owner Occupied Houses in 55429 Zip Code, see rank

55429 Zip Code	141,200 USD
Minnesota	185,200 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

55429 Zip Code	30.98%
Minnesota	51.31%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	55429 Zip Code	Minnesota	U.S.
Total Housing Units	10,776, see rank, 100%	2,364,149	132,741,033
Occupied Housing Units	10,050, 93.26%, see rank	89.48%	87.55%
Owner Occupied	5,433, 50.42%, see rank	64.51%	56.34%
Renter Occupied	4,617, 42.85%, see rank	24.96%	31.21%
Vacant Housing Units	726, 6.74%, see rank	10.52%	12.45%
For Rent	133, 1.23%, see rank	1.22%	2.34%
For Sale Only	286, 2.65%, see rank	0.96%	1.20%
Rented or Sold, Not Occupied	109, 1.01%, see rank	0.68%	0.92%
For Seasonal, Recreational, or Occasional Use	8, 0.07%, see rank	5.29%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.01%	0.03%
Other Vacant	190, 1.76%, see rank	2.36%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #530

55429 Zip Code	Minnesota	U.S.
1964	1975	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	55429 Zip Code	%	Minnesota	U.S.
Owner-Occupied Units	5,433	100%	1,525,201	74,787,460
With a Mortgage	3,981	73.27%, see rank	68.78%	65.58%
Without a Mortgage	1,452	26.73%, see rank	31.22%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

55429 Zip Code	1,364 USD
Minnesota	1,526 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	55429 Zip Code	%	Minnesota	U.S.
$299 or Less	7	0.18%, see rank	0.18%	0.20%
$300 to $499	48	1.21%, see rank	1.30%	1.59%
$500 to $699	167	4.19%, see rank	4.08%	5.01%
$700 to $999	424	10.65%, see rank	12.50%	14.32%
$1,000 to $1,499	1,894	47.58%, see rank	30.43%	27.90%
$1,500 to $1,999	1,008	25.32%, see rank	25.36%	20.35%
$2,000 to $2,999	408	10.25%, see rank	19.32%	19.52%
$3,000 or More	25	0.63%, see rank	6.84%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

55429 Zip Code	24.80% of the Total Income
Minnesota	22.50% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	55429 Zip Code	%	Minnesota	U.S.
10% or Less	161	4.04%, see rank	6.13%	5.86%
10% to 20%	1,086	27.28%, see rank	35.03%	31.95%
20% to 30%	1,314	33.01%, see rank	30.01%	27.64%
30% to 40%	550	13.82%, see rank	12.88%	13.74%
40% or More	848	21.30%, see rank	15.67%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

55429 Zip Code	455 USD
Minnesota	475 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	55429 Zip Code	%	Minnesota	U.S.
$199 or Less	36	2.48%, see rank	4.45%	7.76%
$200 to $299	75	5.17%, see rank	10.96%	14.70%
$300 to $499	807	55.58%, see rank	39.99%	34.63%
$500 to $699	428	29.48%, see rank	27.38%	21.16%
$700 or More	106	7.30%, see rank	17.23%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

55429 Zip Code	13.40% of the Total Income
Minnesota	11.50% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	55429 Zip Code	%	Minnesota	U.S.
10% or Less	552	38.02%, see rank	43.57%	40.19%
10% to 20%	420	28.93%, see rank	31.28%	31.47%
20% to 30%	187	12.88%, see rank	11.58%	12.24%
30% to 40%	143	9.85%, see rank	5.05%	5.64%
40% or More	134	9.23%, see rank	7.69%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	55429 Zip Code	Minnesota	U.S.
Total Housing Units	10,776, 100%	2,364,149	132,741,033
1-unit, Detached	5,832, 54.12%, see rank	67.25%	61.65%
1-unit, Attached	963, 8.94%, see rank	7.45%	5.82%
2 Units	126, 1.17%, see rank	2.34%	3.75%
3 or 4 Units	135, 1.25%, see rank	2.08%	4.43%
5 to 9 Units	307, 2.85%, see rank	2.23%	4.78%
10 or More Units	3,366, 31.24%, see rank	15.14%	13.08%
Mobile Home, Boat, RV, Van, etc.	47, 0.44%, see rank	3.52%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	55429 Zip Code	Minnesota	U.S.
Total Housing Units	10,776, 100%	2,364,149	132,741,033
1 Room	136, 1.26%, see rank	1.54%	1.95%
2 Rooms	248, 2.30%, see rank	2.83%	2.48%
3 Rooms	1,720, 15.96%, see rank	9.20%	9.13%
4 Rooms	2,112, 19.60%, see rank	14.05%	16.60%
5 Rooms	1,679, 15.58%, see rank	15.52%	20.41%
6 Rooms	1,846, 17.13%, see rank	14.98%	18.06%
7 Rooms	1,210, 11.23%, see rank	12.86%	12.27%
8 Rooms	755, 7.01%, see rank	11.01%	8.48%
9 Rooms or More	1,070, 9.93%, see rank	18.01%	10.60%
Median Rooms	5.20, see rank	6.00	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	55429 Zip Code	Minnesota	U.S.
Total Housing Units	10,776, 100%	2,364,149	132,741,033
No Bedroom	147, 1.36%, see rank	1.76%	2.17%
1 Bedroom	2,340, 21.71%, see rank	11.71%	11.16%
2 Bedrooms	3,072, 28.51%, see rank	26.64%	26.69%
3 Bedrooms	3,764, 34.93%, see rank	34.15%	39.70%
4 Bedrooms	1,226, 11.38%, see rank	19.81%	16.05%
5 or More Bedrooms	227, 2.11%, see rank	5.94%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	55429 Zip Code	Minnesota	U.S.
Total Housing Units	10,050, 100%	2,115,337	116,211,092
Utility Gas	8,336, 82.95%, see rank	66.78%	48.85%
Bottled, Tank, or LP Gas	107, 1.06%, see rank	10.05%	4.86%
Electricity	1,451, 14.44%, see rank	16.13%	36.68%
Fuel Oil, Kerosene, etc.	40, 0.40%, see rank	2.62%	5.86%
Coal or Coke	0, 0.00%, see rank	0.03%	0.12%
Wood	15, 0.15%, see rank	2.55%	2.12%
Solar Energy	0, 0.00%, see rank	0.02%	0.05%
Other Fuel	51, 0.51%, see rank	1.17%	0.47%
No Fuel Used	50, 0.50%, see rank	0.65%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	55429 Zip Code	Minnesota	U.S.
Occupied Units Paying Rent	4,538, 100%	562,198	39,201,928
$199 or Less	47, 1.04%, see rank	2.46%	1.50%
$200 to $299	110, 2.42%, see rank	4.66%	3.18%
$300 to $499	218, 4.80%, see rank	9.32%	7.37%
$500 to $699	885, 19.50%, see rank	17.06%	16.01%
$700 to $999	2,091, 46.08%, see rank	33.30%	29.17%
$1,000 to $1,499	816, 17.98%, see rank	23.49%	26.88%
$1,500 to $1,999	302, 6.65%, see rank	7.02%	9.79%
$2,000 or More	69, 1.52%, see rank	2.69%	6.10%
Median	$787, see rank	$835	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	55429 Zip Code	Minnesota	U.S.
Occupied Housing Units	10,050, 100%	2,115,337	116,211,092
No Vehicles Available	1,356, 13.49%, see rank	7.25%	9.12%
1 Vehicles Available	3,793, 37.74%, see rank	30.11%	33.80%
2 Vehicles Available	3,503, 34.86%, see rank	40.67%	37.48%
3 or More Vehicles Available	1,398, 13.91%, see rank	21.97%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.