55403 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 55403 is White. The majority race/ethnicity attending public schools in 55403 is Hispanic. The current unemployment level in 55403 is 3.8%.
Population | 17,161 |
Population Growth Rate | 0.18% |
Population Density | 11,834 People per Square Mile |
Total Households | 9,836 |
Percentage High Income Households | 4.8% |
Median Household Income (2021) | $55,520 |
Average Adjusted Gross Income (2021) | $938,420 |
Current Unemployment Rate (August 2024) | 3.8% |
Majority Race/Ethnicty | White - 75.75% |
Public School Majority Race/Ethnicty | Hispanic - 37.80% |
55403 Race/Ethnicty Breakdown
Race/Ethnicty | Total | Percentage |
White | 12,344 | 75.75% |
Black | 2,054 | 12.61% |
Hispanic | 1,138 | 6.98% |
Asian | 631 | 3.87% |
Native American | 128 | 0.79% |
Hawaiian/Pac. Islander | 0 | 0% |
55403 Public School Race/Ethnicty Breakdown
Race/Ethnicty | Total | Percentage |
White | 186 | 18.73% |
Black | 365 | 36.76% |
Hispanic | 398 | 40.08% |
Asian | 15 | 1.51% |
Native American | 28 | 2.82% |
Hawaiian/Pac. Islander | 1 | 0.1% |
55403 Educational Attainment Levels
Highest Education Level Attained | Total | Percentage |
Less Than 1 Year of College | 478 | 4.51% |
Bachelor Degree | 4,733 | 44.65% |
High School Diploma | 1,113 | 10.5% |
No High School Diploma | 72 | 0.68% |
GED or Alternate | 293 | 2.76% |
1 or More Years of College | 1,382 | 13.04% |
Associates Degree | 379 | 3.58% |
Masters Degree | 1,226 | 11.56% |
Professional Degree | 657 | 6.2% |
Doctorate Degree | 268 | 2.53% |