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ZIP Code 55408

ZIP / ZCTA

Population: 32,534

ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes. Boundaries may differ slightly from postal delivery areas, and estimates for less-populated ZCTAs carry higher margins of error.

Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — 55408

What is the median household income in 55408?
The median household income in 55408 is $72,421 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in 55408?
The poverty rate in 55408 is 11.4% (U.S. Census Bureau ACS 2023).
What is the median home value in 55408?
$387,500 (U.S. Census Bureau ACS 2023).
What is the average rent in 55408?
The median gross rent in 55408 is $1,385 per month (U.S. Census Bureau ACS 2023).
What percentage of 55408 residents have a college degree?
58.9% of adults in 55408 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
32,534
Median Income
$72,421
Median Home Value
$387,500
Poverty Rate
11.4%
Unemployment (ACS 2023)
6.1%
Median Age
30.0 yrs
Since 2019 Median Income: +$12,504 (+20.9%) Home Value: +$101,300 (+35.4%) Poverty Rate: +1.4 pp (+14%) Bachelor's+: +5.8 pp (+10.9%) Unemployment: +2.5 pp (+69.4%)

Demographics

Total Population 32,534
Median Age 30.0
Female 48.4%
Race & Ethnicity
Hispanic or Latino 11.3% White (non-Hisp.) 59.4% Black 17.4% Asian 4.8% Two or More 9.3% Other 4.7%
Asian Subgroups (% of total pop.)
Indian
1.4%
Vietnamese
0.6%
Chinese
0.5%
Korean
0.4%
Filipino
0.1%
Hispanic Subgroups (% of total pop.)
Mexican
6.7%
Puerto Rican
0.4%
Cuban
0.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $72,421 ±$4,628
Per Capita Income $96,791
Median Family Income $104,052
Poverty Rate 11.4%
Child Poverty Rate 22.2%
Working-Age Poverty Rate
SNAP Recipients 9.6%
Social Security Income
Retirement Income 8.9%
Household Income Distribution
< $10k
5.1%
$10–15k
2.3%
$15–25k
6.0%
$25–35k
6.0%
$35–50k
11.3%
$50–75k
20.6%
$75–100k
14.8%
$100–150k
17.1%
$150–200k
6.4%
$200k+
10.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 17,874
Owner-Occupied 24.8%
Renter-Occupied 75.2%
Vacancy Rate 4.0%
Median Home Value $387,500
Median Gross Rent $1,385
Owner Cost Burden (30%+) 27.9%
Renter Cost Burden (30%+) 32.2%
Home Value Distribution
< $50k
0.1%
$50–100k
1.6%
$100–200k
3.2%
$200–300k
23.4%
$300–500k
40.1%
$500k–$1M
22.4%
$1M+
4.4%
Gross Rent Distribution
< $500
2.3%
$500–1k
11.5%
$1–1.5k
42.6%
$1.5–2k
25.4%
$2–2.5k
11.7%
$2.5–3.5k
3.5%
$3.5k+
2.9%
Vehicle Availability
No vehicle
13.5%
1 vehicle
56.7%
2 vehicles
22.9%
3+
6.9%
Housing Type
Single-fam. det.
16.2%
Single-fam. att.
2.7%
2–4 units
10.0%
5–19 units
9.1%
20+ units
38.7%
Housing Age
Pre-1940
45.8%
1940–1969
3.3%
1970–1999
8.5%
2000–2009
5.9%
2010+
11.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 90.8%
Bachelor's or Higher 58.9%
Graduate Degree 20.0%
Some College / Associate 13.1%
Less Than High School 4.9%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 81.8%
Unemployment Rate 6.1%
Work from Home 23.8%
Self-Employed 5.3%
Government Workers 12.0%
Private For-Profit 82.7%
Industry
Edu/Health
22.3%
Prof. Services
16.0%
Arts/Entmt.
10.7%
Retail
10.4%
Finance
9.2%
Manufacturing
8.5%
Transportation
4.0%
Public Admin
4.0%
Information
3.2%
Construction
2.9%
Wholesale
2.2%
Agriculture
1.2%
Occupation
Management
60.1%
Sales
16.9%
Food Prep
13.0%
Production
7.5%
Construction
2.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 23.8 min
Drove Alone 54.5%
Carpool 4.1%
Public Transit 9.4%
Work from Home 23.8%
Walked 3.4%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 17,153
Avg. Household Size 1.00
Avg. Family Size
Married-Couple Households 18.5%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 6.7%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
5.0%
5–9
3.4%
10–14
3.0%
15–19
4.1%
20–24
13.3%
25–34
33.6%
35–44
12.8%
45–54
9.2%
55–64
4.7%
65–74
3.7%
75–84
4.7%
85+
1.6%
Under 18: 13.6% Working age (18–64): 86.4% 65 and over: 7.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 15.3%
Naturalized Citizen 52.8%
Speaks English Less Than Very Well 8.2%
Foreign-Born Origin
Africa
49.1%
Latin America
21.0%
Asia
17.0%
Europe
10.5%

Veterans & Disability

Veteran 2.5%
With a Disability 10.6%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 92.1%
Uninsured 7.9%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 94.3%
Has a Computer 97.7%
Same House 1 Year Ago 70.9%
Moved from Abroad 0.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023