CensusEasy
ZIP CODE TABULATION AREA

55416

Minnesota · 35,015 residents · 7.336 sq mi
Compare

ZIP 55416 is wealthier than most US places, with a median household income of $105,958. Population has held roughly steady since 2024. 71% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $461,500. Poverty is rare here, at 5.9% of residents. Among the 64 ZIP codes in Hennepin County, 55416 ranks 30th by median household income.

$105,958
US average: $82,259
$461,500
US average: $376,019
71.4%
US average: 35.6%
Age, sex & households
Under 18
16.4%
Age 65+
16.9%
49.6%
50.4%
1.92 people
Race & ethnicity · 2024
2024
White, non-Hispanic78.3%(27,424)
Black4.7%(1,629)
Hispanic / Latino8%(2,800)
Asian2.9%(1,005)
Other6.2%(2,157)
Diversity Score46.7%(16,344)
Housing
Commute & vehicles
Work & employment
People & community
Affordability & inequality
Within Hennepin County
Income rank vs other ZIPs
LOWEST30TH OF 64HIGHEST
Adjacent ZIPs
55305$104,914
55311$153,568
55316$116,102
Frequently asked

How many people live in ZIP code 55416?

ZIP code 55416 has about 35,015 residents according to the 2024 American Community Survey.

What is the median household income in ZIP code 55416?

The typical household in ZIP code 55416 earns about $105,958 a year. Half of households make more than that, and half make less.

Is ZIP code 55416 expensive?

In ZIP code 55416, the median home is worth about $461,500, and the typical rent is about $1,755 a month.

How educated are people in ZIP code 55416?

About 71.4% of adults age 25 and over in ZIP code 55416 hold a bachelor's degree or higher.

What is the poverty rate in ZIP code 55416?

About 5.9% of people in ZIP code 55416 live below the federal poverty line.

Keep going

Explore from here

DATA: US CENSUS BUREAU ACS 5-YEAR · ZCTA · UPDATED 2024