55416
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.
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.
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DATA: US CENSUS BUREAU ACS 5-YEAR · ZCTA · UPDATED 2024