55406 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 55406 is White. The majority race/ethnicity attending public schools in 55406 is African American. The current unemployment level in 55406 is 3.8%.
| Population | 35,726 |
| Population Growth Rate | 8.11% |
| Population Density | 6,036 People per Square Mile |
| Total Households | 14,988 |
| Percentage High Income Households | 3.1% |
| Median Household Income (2021) | $77,888 |
| Average Adjusted Gross Income (2021) | $385,060 |
| Current Unemployment Rate (September 2024) | 3.8% |
| Majority Race/Ethnicty | White - 73.51% |
| Public School Majority Race/Ethnicty | African American - 42.42% |
55406 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 25,887 | 73.45% |
| Black | 5,077 | 14.41% |
| Hispanic | 2,857 | 8.11% |
| Asian | 1,038 | 2.95% |
| Native American | 356 | 1.01% |
| Hawaiian/Pac. Islander | 27 | 0.08% |
55406 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 1,905 | 34.09% |
| Black | 2,509 | 44.9% |
| Hispanic | 700 | 12.53% |
| Asian | 106 | 1.9% |
| Native American | 365 | 6.53% |
| Hawaiian/Pac. Islander | 3 | 0.05% |
55406 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 1,004 | 4.54% |
| Bachelor Degree | 6,855 | 30.97% |
| High School Diploma | 3,880 | 17.53% |
| No High School Diploma | 301 | 1.36% |
| GED or Alternate | 791 | 3.57% |
| 1 or More Years of College | 3,036 | 13.72% |
| Associates Degree | 1,656 | 7.48% |
| Masters Degree | 3,040 | 13.73% |
| Professional Degree | 936 | 4.23% |
| Doctorate Degree | 635 | 2.87% |