55114 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 55114 is White. The majority race/ethnicity attending public schools in 55114 is White. The current unemployment level in 55114 is 4.9%.
| Population | 3,588 |
| Population Growth Rate | -5.3% |
| Population Density | 2,987 People per Square Mile |
| Total Households | 1,477 |
| Percentage High Income Households | 0.7% |
| Median Household Income (2021) | $63,651 |
| Average Adjusted Gross Income (2021) | $511,900 |
| Current Unemployment Rate (May 2026) | 4.9% |
| Sales Tax Rate (2025) | 9.9% |
| Majority Race/Ethnicity | White - 71.05% |
| Public School Majority Race/Ethnicity | White - 64.12% |
55114 Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 2,223 | 70.59% |
| Black | 357 | 11.34% |
| Hispanic | 172 | 5.46% |
| Asian | 377 | 11.97% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 20 | 0.64% |
55114 Public School Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 352 | 69.16% |
| Black | 64 | 12.57% |
| Hispanic | 44 | 8.64% |
| Asian | 14 | 2.75% |
| Native American | 33 | 6.48% |
| Hawaiian/Pac. Islander | 2 | 0.39% |
55114 Educational Attainment Levels
| Highest Education Level | Total | Percentage |
|---|
| Less Than 1 Year of College | 82 | 4.78% |
| Bachelor Degree | 700 | 40.84% |
| High School Diploma | 134 | 7.82% |
| No High School Diploma | 28 | 1.63% |
| GED or Alternate | 69 | 4.03% |
| 1 or More Years of College | 262 | 15.29% |
| Associates Degree | 82 | 4.78% |
| Masters Degree | 253 | 14.76% |
| Professional Degree | 23 | 1.34% |
| Doctorate Degree | 81 | 4.73% |
