55118 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 55118 is White. The majority race/ethnicity attending public schools in 55118 is White. The current unemployment level in 55118 is 4.9%.
| Population | 29,026 |
| Population Growth Rate | 1.58% |
| Population Density | 2,604 People per Square Mile |
| Total Households | 12,269 |
| Percentage High Income Households | 7.4% |
| Median Household Income (2021) | $72,938 |
| Average Adjusted Gross Income (2021) | $742,330 |
| Current Unemployment Rate (May 2026) | 4.9% |
| Sales Tax Rate (2025) | 9.9% |
| Majority Race/Ethnicty | White - 78.84% |
| Public School Majority Race/Ethnicty | White - 50.38% |
55118 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 23,313 | 78.84% |
| Black | 898 | 3.04% |
| Hispanic | 4,560 | 15.42% |
| Asian | 689 | 2.33% |
| Native American | 109 | 0.37% |
| Hawaiian/Pac. Islander | 0 | 0% |
55118 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 2,097 | 53.6% |
| Black | 416 | 10.63% |
| Hispanic | 1,228 | 31.39% |
| Asian | 119 | 3.04% |
| Native American | 48 | 1.23% |
| Hawaiian/Pac. Islander | 4 | 0.1% |
55118 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 1,207 | 6.35% |
| Bachelor Degree | 4,793 | 25.22% |
| High School Diploma | 4,793 | 25.22% |
| No High School Diploma | 285 | 1.5% |
| GED or Alternate | 532 | 2.8% |
| 1 or More Years of College | 2,932 | 15.43% |
| Associates Degree | 1,632 | 8.59% |
| Masters Degree | 1,731 | 9.11% |
| Professional Degree | 842 | 4.43% |
| Doctorate Degree | 258 | 1.36% |