55416 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 55416 is White. The majority race/ethnicity attending public schools in 55416 is White. The current unemployment level in 55416 is 2.9%.
Population | 34,715 |
Population Growth Rate | 0.00% |
Population Density | 4,647 People per Square Mile |
Total Households | 14,767 |
Percentage High Income Households | 11.8% |
Median Household Income (2021) | $93,875 |
Average Adjusted Gross Income (2021) | $579,590 |
Current Unemployment Rate (January 2025) | 2.9% |
Majority Race/Ethnicty | White - 86.33% |
Public School Majority Race/Ethnicty | White - 56.56% |
55416 Race/Ethnicty Breakdown
Race/Ethnicty | Total | Percentage |
White | 28,960 | 86.3% |
Black | 1,502 | 4.48% |
Hispanic | 1,742 | 5.19% |
Asian | 1,222 | 3.64% |
Native American | 120 | 0.36% |
Hawaiian/Pac. Islander | 10 | 0.03% |
55416 Public School Race/Ethnicty Breakdown
Race/Ethnicty | Total | Percentage |
White | 319 | 61.46% |
Black | 108 | 20.81% |
Hispanic | 61 | 11.75% |
Asian | 25 | 4.82% |
Native American | 4 | 0.77% |
Hawaiian/Pac. Islander | 2 | 0.39% |
55416 Educational Attainment Levels
Highest Education Level Attained | Total | Percentage |
Less Than 1 Year of College | 907 | 4.16% |
Bachelor Degree | 8,992 | 41.26% |
High School Diploma | 1,939 | 8.9% |
No High School Diploma | 147 | 0.67% |
GED or Alternate | 377 | 1.73% |
1 or More Years of College | 2,457 | 11.28% |
Associates Degree | 1,419 | 6.51% |
Masters Degree | 3,216 | 14.76% |
Professional Degree | 1,338 | 6.14% |
Doctorate Degree | 999 | 4.58% |