I’m a realtor here in Minnesota currently serving the Twin cities and surrounding area. I am passionate and dedicated in helping clients reaching their real estate needs, whether it be buying or selling. I strive to see the beautiful smiling faces of when things are done, and done right, because at the end of the day, it’s all about my clients.
About 55432, Minnesota
The zip code 55432 located in the southeast part of Minnesota and currently home to over 30,740 people. White people account for almost 66% of the population while the area is also home to 13% of Black people. The median age in this neighborhood is 38, indicating that it has a significant number of young adults in this part of town. The 55432 zip code region has a land area of 9.88 square miles, which is slightly lower compared to other nearby zip codes. This zip code has an above average population density of 3040 persons living per square mile in this section of Minneapolis.
Real Estate Market of 55432, Minnesota
The typical house value in the 55432 zip code is $295,000 and the residents of 55432 have a median household income of just over $54,410. Currently, only 5% of the homes in this zip code are vacant while 45% of the residential real estate is acquired through a mortgage by the residents. Nearly 54% of the unoccupied homes are available for rent, while just 16% are up for sale. The majority of the residences in the 55432 zip code were built in the 1960s and 1970s. Out of a total 13,027 residential units, homeowners have occupied 12,342 units. This area of Minneapolis now has a low unemployment rate of around 5.2%, which is smaller than the state rate as well as the national average.