55431 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 55431 is White. The majority race/ethnicity attending public schools in 55431 is White. The current unemployment level in 55431 is 4.9%.
| Population | 19,477 |
| Population Growth Rate | 0.00% |
| Population Density | 2,429 People per Square Mile |
| Total Households | 7,774 |
| Percentage High Income Households | 3.8% |
| Median Household Income (2021) | $96,486 |
| Average Adjusted Gross Income (2021) | $341,760 |
| Current Unemployment Rate (May 2026) | 4.9% |
| Sales Tax Rate (2025) | 9.0% |
| Majority Race/Ethnicty | White - 83.65% |
| Public School Majority Race/Ethnicty | White - 47.69% |
55431 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 15,430 | 83.65% |
| Black | 899 | 4.87% |
| Hispanic | 897 | 4.86% |
| Asian | 1,164 | 6.31% |
| Native American | 55 | 0.3% |
| Hawaiian/Pac. Islander | 0 | 0% |
55431 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 1,261 | 52.7% |
| Black | 536 | 22.4% |
| Hispanic | 423 | 17.68% |
| Asian | 154 | 6.44% |
| Native American | 15 | 0.63% |
| Hawaiian/Pac. Islander | 4 | 0.17% |
55431 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 734 | 5.83% |
| Bachelor Degree | 3,443 | 27.34% |
| High School Diploma | 2,778 | 22.06% |
| No High School Diploma | 219 | 1.74% |
| GED or Alternate | 385 | 3.06% |
| 1 or More Years of College | 2,356 | 18.71% |
| Associates Degree | 1,149 | 9.12% |
| Masters Degree | 1,212 | 9.62% |
| Professional Degree | 217 | 1.72% |
| Doctorate Degree | 102 | 0.81% |