55429 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 55429 is White. The majority race/ethnicity attending public schools in 55429 is African American. The current unemployment level in 55429 is 4.9%.
| Population | 28,392 |
| Population Growth Rate | 0.00% |
| Population Density | 4,305 People per Square Mile |
| Total Households | 10,057 |
| Percentage High Income Households | 1.4% |
| Median Household Income (2021) | $59,120 |
| Average Adjusted Gross Income (2021) | $308,870 |
| Current Unemployment Rate (May 2026) | 4.9% |
| Sales Tax Rate (2025) | 9.0% |
| Majority Race/Ethnicty | White - 38.32% |
| Public School Majority Race/Ethnicty | African American - 37.60% |
55429 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 11,130 | 38.32% |
| Black | 10,066 | 34.66% |
| Hispanic | 2,953 | 10.17% |
| Asian | 4,659 | 16.04% |
| Native American | 238 | 0.82% |
| Hawaiian/Pac. Islander | 0 | 0% |
55429 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 306 | 8.37% |
| Black | 1,443 | 39.47% |
| Hispanic | 545 | 14.91% |
| Asian | 1,347 | 36.84% |
| Native American | 14 | 0.38% |
| Hawaiian/Pac. Islander | 1 | 0.03% |
55429 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 1,209 | 8.22% |
| Bachelor Degree | 2,597 | 17.65% |
| High School Diploma | 4,487 | 30.5% |
| No High School Diploma | 454 | 3.09% |
| GED or Alternate | 707 | 4.81% |
| 1 or More Years of College | 2,935 | 19.95% |
| Associates Degree | 1,693 | 11.51% |
| Masters Degree | 447 | 3.04% |
| Professional Degree | 145 | 0.99% |
| Doctorate Degree | 38 | 0.26% |