55401 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 55401 is White. The majority race/ethnicity attending public schools in 55401 is African American. The current unemployment level in 55401 is 4.9%.
| Population | 11,510 |
| Population Growth Rate | 24.54% |
| Population Density | 13,144 People per Square Mile |
| Total Households | 4,691 |
| Percentage High Income Households | 11.6% |
| Median Household Income (2021) | $106,756 |
| Average Adjusted Gross Income (2021) | $827,580 |
| Current Unemployment Rate (May 2026) | 4.9% |
| Sales Tax Rate (2025) | 9.0% |
| Majority Race/Ethnicty | White - 76.49% |
| Public School Majority Race/Ethnicty | African American - 85.02% |
55401 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 8,494 | 76.41% |
| Black | 587 | 5.28% |
| Hispanic | 805 | 7.24% |
| Asian | 1,182 | 10.63% |
| Native American | 37 | 0.33% |
| Hawaiian/Pac. Islander | 11 | 0.1% |
55401 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 169 | 13.82% |
| Black | 1,044 | 85.36% |
| Hispanic | 4 | 0.33% |
| Asian | 0 | 0% |
| Native American | 6 | 0.49% |
| Hawaiian/Pac. Islander | 0 | 0% |
55401 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 171 | 2.83% |
| Bachelor Degree | 2,830 | 46.77% |
| High School Diploma | 425 | 7.02% |
| No High School Diploma | 29 | 0.48% |
| GED or Alternate | 62 | 1.02% |
| 1 or More Years of College | 626 | 10.35% |
| Associates Degree | 159 | 2.63% |
| Masters Degree | 1,004 | 16.59% |
| Professional Degree | 505 | 8.35% |
| Doctorate Degree | 240 | 3.97% |