55116 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 55116 is White. The majority race/ethnicity attending public schools in 55116 is White. The current unemployment level in 55116 is 3.1%.
| Population | 26,595 |
| Population Growth Rate | 7.66% |
| Population Density | 4,255 People per Square Mile |
| Total Households | 11,254 |
| Percentage High Income Households | 9.3% |
| Median Household Income (2021) | $70,036 |
| Average Adjusted Gross Income (2020) | $101,240 |
| Current Unemployment Rate (April 2024) | 3.1% |
| Majority Race/Ethnicty | White - 76.72% |
| Public School Majority Race/Ethnicty | White - 38.10% |
55116 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 19,486 | 76.72% |
| Black | 3,814 | 15.02% |
| Hispanic | 985 | 3.88% |
| Asian | 1,058 | 4.17% |
| Native American | 57 | 0.22% |
| Hawaiian/Pac. Islander | 0 | 0% |
55116 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 1,752 | 41.58% |
| Black | 977 | 23.18% |
| Hispanic | 689 | 16.35% |
| Asian | 777 | 18.44% |
| Native American | 19 | 0.45% |
| Hawaiian/Pac. Islander | 0 | 0% |
55116 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 749 | 4.55% |
| Bachelor Degree | 5,355 | 32.5% |
| High School Diploma | 2,236 | 13.57% |
| No High School Diploma | 128 | 0.78% |
| GED or Alternate | 262 | 1.59% |
| 1 or More Years of College | 2,272 | 13.79% |
| Associates Degree | 1,003 | 6.09% |
| Masters Degree | 2,871 | 17.42% |
| Professional Degree | 879 | 5.33% |
| Doctorate Degree | 724 | 4.39% |