55123 can be classified socioeconomically as 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 55123 is White. The majority race/ethnicity attending public schools in 55123 is White. The current unemployment level in 55123 is 2.8%.
Population | 27,821 |
Population Growth Rate | 8.36% |
Population Density | 2,328 People per Square Mile |
Total Households | 9,130 |
Percentage High Income Households | 12.2% |
Median Household Income (2021) | $123,393 |
Average Adjusted Gross Income (2021) | $434,200 |
Current Unemployment Rate (November 2024) | 2.8% |
Majority Race/Ethnicty | White - 82.32% |
Public School Majority Race/Ethnicty | White - 63.57% |
55123 Race/Ethnicty Breakdown
Race/Ethnicty | Total | Percentage |
White | 22,866 | 82.32% |
Black | 831 | 2.99% |
Hispanic | 1,241 | 4.47% |
Asian | 2,780 | 10.01% |
Native American | 58 | 0.21% |
Hawaiian/Pac. Islander | 0 | 0% |
55123 Public School Race/Ethnicty Breakdown
Race/Ethnicty | Total | Percentage |
White | 4,116 | 67.48% |
Black | 523 | 8.57% |
Hispanic | 640 | 10.49% |
Asian | 794 | 13.02% |
Native American | 24 | 0.39% |
Hawaiian/Pac. Islander | 3 | 0.05% |
55123 Educational Attainment Levels
Highest Education Level Attained | Total | Percentage |
Less Than 1 Year of College | 868 | 5.43% |
Bachelor Degree | 6,265 | 39.2% |
High School Diploma | 1,768 | 11.06% |
No High School Diploma | 113 | 0.71% |
GED or Alternate | 128 | 0.8% |
1 or More Years of College | 1,890 | 11.82% |
Associates Degree | 1,557 | 9.74% |
Masters Degree | 2,340 | 14.64% |
Professional Degree | 702 | 4.39% |
Doctorate Degree | 353 | 2.21% |