55101 can be classified socioeconomically as Lower Middle Class class compared to other ZIP Codes in Minnesota based on Median Household Income and Average Adjusted Gross Income. The majority race/ethnicity residing in 55101 is White. The majority race/ethnicity attending public schools in 55101 is Asian. The current unemployment level in 55101 is 3.8%.
| Population | 7,575 |
| Population Growth Rate | 6.18% |
| Population Density | 7,803 People per Square Mile |
| Total Households | 3,620 |
| Percentage High Income Households | 3.0% |
| Median Household Income (2021) | $66,292 |
| Average Adjusted Gross Income (2021) | $1,984,870 |
| Current Unemployment Rate (September 2024) | 3.8% |
| Majority Race/Ethnicty | White - 73.86% |
| Public School Majority Race/Ethnicty | Asian - 39.36% |
55101 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 5,323 | 73.81% |
| Black | 615 | 8.53% |
| Hispanic | 228 | 3.16% |
| Asian | 960 | 13.31% |
| Native American | 81 | 1.12% |
| Hawaiian/Pac. Islander | 5 | 0.07% |
55101 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 507 | 32.52% |
| Black | 228 | 14.62% |
| Hispanic | 153 | 9.81% |
| Asian | 657 | 42.14% |
| Native American | 14 | 0.9% |
| Hawaiian/Pac. Islander | 0 | 0% |
55101 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 376 | 8.36% |
| Bachelor Degree | 1,689 | 37.54% |
| High School Diploma | 469 | 10.42% |
| No High School Diploma | 72 | 1.6% |
| GED or Alternate | 211 | 4.69% |
| 1 or More Years of College | 684 | 15.2% |
| Associates Degree | 296 | 6.58% |
| Masters Degree | 465 | 10.34% |
| Professional Degree | 190 | 4.22% |
| Doctorate Degree | 47 | 1.04% |