ZIP Code 55416
Located in Minneapolis, MN (Hennepin County)
ZIP Code 55416 (Minneapolis, MN): Quick Facts & Overview
- Population: 35,015 residents (1,843 people per sq. mi.)
- Average House Price: $458,085
- Average Household Income: $105,958
ZIP code 55416 primarily serves Minneapolis, MN in Hennepin County. An estimated 35,015 people live within this area, with about 1,843 residents living in every square mile.
If you are looking for a home in ZIP code 55416, the average price is around $458,085. That makes local housing 76% higher than the Minnesota average of $260,056, and 48% higher than the national average of $308,592.
The average household in 55416 earns about $105,958 a year. This income is 29% higher than the average family in Minnesota ($82,068), and 35% higher than the national average ($78,686).
Population
35,015
Median Household Income
$105,958
Median Home Value
$458,085
Median Age
35.6 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $69,816 |
| Labor Force Participation | 75.0% |
| Unemployment Rate | 3.3% |
| Average Commute Time | 20.2 mins |
Housing & Community Metrics
| Home Ownership Rate | 49.9% |
| Median Rent | $1,755 |
| Rent Burdened (>30% Income) | 25.8% |
| Total Housing Units | 18,055 |
Additional Census & Housing Profile
Geographic Overview
| Primary City | Minneapolis |
| County | Hennepin |
| County FIPS | 27053 |
| Metro Area (CBSA) | Minneapolis-St. Paul-Bloomington, MN-WI |
| Combined Area (CSA) | Minneapolis-St. Paul, MN-WI |
| Population Density | 1,842.9/sq mi |
| Coordinates (lat/lng) | 44.9496, -93.3416 |
| Timezone | America/Chicago |
Household Structure
| Average Family Size | 2.90 |
| Dual Income Families | 64.4% |
Marital Status
| Married | 40.1% |
| Never Married | 45.9% |
| Divorced | 10.0% |
| Widowed | 4.0% |
Gender
| Male | 49.6% |
| Female | 50.4% |
Health & Poverty
| Uninsured Rate (Health) | 3.7% |
| Poverty Rate | 5.9% |
Key Population Groups
| Veterans | 4.6% |
| Disabled Population | 8.8% |
| Limited English Proficiency | 2.4% |
All ZIP Codes in Minneapolis
Showing 10 of 65| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 55407 | 37,667 | $78,464 | $335,385 |
| 55423 | 36,724 | $85,182 | $343,371 |
| 55406 | 36,581 | $93,910 | $354,005 |
| 55416 Current | 35,015 | $105,958 | $458,085 |
| 55414 | 35,007 | $51,966 | $446,523 |
| 55433 | 34,463 | $78,054 | $296,832 |
| 55449 | 34,443 | $131,832 | $438,331 |
| 55432 | 33,672 | $79,520 | $301,031 |
| 55443 | 33,660 | $95,082 | $373,190 |
| 55434 | 33,029 | $90,336 | $291,810 |
| 55428 | 32,499 | $74,860 | $299,286 |
| 55408 | 31,507 | $70,326 | $395,728 |
| 55418 | 31,505 | $99,397 | $347,792 |
| 55421 | 30,843 | $70,772 | $273,477 |
| 55419 | 29,738 | $148,350 | $497,754 |
| 55448 | 29,005 | $103,461 | $315,823 |
| 55404 | 28,920 | $41,940 | $291,510 |
| 55422 | 28,452 | $93,914 | $324,868 |
| 55446 | 28,247 | $170,625 | $582,907 |
| 55411 | 27,741 | $60,225 | $246,777 |
| 55429 | 27,024 | $72,253 | $279,250 |
| 55426 | 25,251 | $99,347 | $365,681 |
| 55417 | 25,102 | $126,261 | $382,666 |
| 55427 | 24,764 | $92,821 | $360,684 |
| 55412 | 24,460 | $68,682 | $232,798 |
| 55420 | 24,451 | $82,170 | $327,985 |
| 55430 | 22,749 | $75,716 | $256,194 |
| 55447 | 20,931 | $133,555 | $471,378 |
| 55410 | 20,422 | $146,425 | $617,153 |
| 55437 | 18,881 | $95,718 | $381,382 |
| 55431 | 18,664 | $101,484 | $373,359 |
| 55441 | 17,944 | $101,981 | $479,662 |
| 55403 | 17,601 | $60,873 | $305,870 |
| 55405 | 17,198 | $73,053 | $467,398 |
| 55444 | 16,559 | $117,198 | $330,177 |
| 55438 | 15,701 | $106,432 | $414,215 |
| 55413 | 14,655 | $85,282 | $371,754 |
| 55436 | 14,462 | $144,129 | $643,693 |
| 55435 | 14,192 | $79,884 | $397,560 |
| 55445 | 13,546 | $104,150 | $327,950 |
| 55442 | 12,694 | $123,859 | $459,048 |
| 55401 | 11,816 | $113,522 | $399,550 |
| 55409 | 11,188 | $98,305 | $378,965 |
| 55425 | 10,908 | $76,274 | $341,623 |
| 55424 | 10,289 | $250,000+ | $991,752 |
| 55439 | 9,459 | $168,693 | $643,549 |
| 55454 | 8,880 | $23,100 | $207,394 |
| 55415 | 6,900 | $124,921 | $625,000 |
| 55455 | 5,390 | - | - |
| 55402 | 667 | $62,105 | - |
| 55450 | 124 | - | - |
| 55470 | - | - | - |
| 55488 | - | - | - |
| 55487 | - | - | - |
| 55486 | - | - | - |
| 55485 | - | - | - |
| 55484 | - | - | - |
| 55483 | - | - | - |
| 55479 | - | - | - |
| 55474 | - | - | - |
| 55467 | - | - | - |
| 55480 | - | - | - |
| 55459 | - | - | - |
| 55458 | - | - | - |
| 55440 | - | - | - |
Nearby ZIP Codes
| ZIP Code | City / State | Distance | Population |
|---|---|---|---|
| 55426 | Minneapolis, MN | 2 miles | 25,251 |
| 55405 | Minneapolis, MN | 2.3 miles | 17,198 |
| 55408 | Minneapolis, MN | 2.4 miles | 31,507 |
| 55410 | Minneapolis, MN | 2.8 miles | 20,422 |
| 55403 | Minneapolis, MN | 3.1 miles | 17,601 |
| 55424 | Minneapolis, MN | 3.1 miles | 10,289 |
| 55409 | Minneapolis, MN | 3.2 miles | 11,188 |
| 55436 | Minneapolis, MN | 3.6 miles | 14,462 |
| 55402 | Minneapolis, MN | 3.9 miles | 667 |
| 55404 | Minneapolis, MN | 4 miles | 28,920 |
| 55411 | Minneapolis, MN | 4 miles | 27,741 |
| 55419 | Minneapolis, MN | 4 miles | 29,738 |
| 55422 | Minneapolis, MN | 4.1 miles | 28,452 |
| 55401 | Minneapolis, MN | 4.3 miles | 11,816 |
| 55343 | Hopkins, MN | 4.4 miles | 27,102 |
| 55415 | Minneapolis, MN | 4.4 miles | 6,900 |
| 55427 | Minneapolis, MN | 4.4 miles | 24,764 |
| 55305 | Hopkins, MN | 4.5 miles | 21,068 |
| 55407 | Minneapolis, MN | 4.5 miles | 37,667 |
| 55454 | Minneapolis, MN | 5 miles | 8,880 |
| 55435 | Minneapolis, MN | 5.3 miles | 14,192 |
| 55439 | Minneapolis, MN | 5.4 miles | 9,459 |
| 55455 | Minneapolis, MN | 5.5 miles | 5,390 |
| 55412 | Minneapolis, MN | 5.7 miles | 24,460 |
| 55441 | Minneapolis, MN | 5.7 miles | 17,944 |
| 55423 | Minneapolis, MN | 5.8 miles | 36,724 |
| 55413 | Minneapolis, MN | 5.9 miles | 14,655 |
| 55406 | Minneapolis, MN | 6 miles | 36,581 |
| 55414 | Minneapolis, MN | 6 miles | 35,007 |
| 55417 | Minneapolis, MN | 6 miles | 25,102 |
| 55418 | Minneapolis, MN | 6.9 miles | 31,505 |
| 55114 | Saint Paul, MN | 7.3 miles | 5,049 |
| 55344 | Eden Prairie, MN | 7.3 miles | 14,034 |
| 55345 | Minnetonka, MN | 7.4 miles | 20,789 |
| 55450 | Minneapolis, MN | 7.5 miles | 124 |
| 55429 | Minneapolis, MN | 7.9 miles | 27,024 |
| 55442 | Minneapolis, MN | 8 miles | 12,694 |
| 55447 | Minneapolis, MN | 8 miles | 20,931 |
| 55428 | Minneapolis, MN | 8.1 miles | 32,499 |
| 55430 | Minneapolis, MN | 8.1 miles | 22,749 |
| 55421 | Minneapolis, MN | 8.2 miles | 30,843 |
| 55108 | Saint Paul, MN | 8.4 miles | 15,224 |
| 55111 | Saint Paul, MN | 8.4 miles | 233 |
| 55346 | Eden Prairie, MN | 8.4 miles | 18,588 |
| 55420 | Minneapolis, MN | 8.5 miles | 24,451 |
| 55105 | Saint Paul, MN | 8.6 miles | 28,617 |
| 55104 | Saint Paul, MN | 8.7 miles | 45,762 |
| 55431 | Minneapolis, MN | 8.7 miles | 18,664 |
| 55437 | Minneapolis, MN | 8.7 miles | 18,881 |
| 55116 | Saint Paul, MN | 8.8 miles | 25,918 |
| 55438 | Minneapolis, MN | 8.8 miles | 15,701 |
| 55425 | Minneapolis, MN | 9 miles | 10,908 |
| 55446 | Minneapolis, MN | 9.7 miles | 28,247 |
| 55150 | Mendota, MN | 9.8 miles | 201 |
| 55391 | Wayzata, MN | 9.8 miles | 15,502 |
| 55113 | Saint Paul, MN | 10.1 miles | 40,819 |
| 55347 | Eden Prairie, MN | 10.3 miles | 30,429 |
| 55103 | Saint Paul, MN | 10.7 miles | 13,125 |
| 55102 | Saint Paul, MN | 10.8 miles | 19,630 |
| 55120 | Saint Paul, MN | 10.8 miles | 5,058 |
| 55432 | Minneapolis, MN | 11 miles | 33,672 |
| 55444 | Minneapolis, MN | 11.1 miles | 16,559 |
| 55112 | Saint Paul, MN | 11.3 miles | 45,346 |
| 55121 | Saint Paul, MN | 11.4 miles | 9,198 |
| 55443 | Minneapolis, MN | 11.7 miles | 33,660 |
| 55317 | Chanhassen, MN | 12.1 miles | 22,299 |
| 55445 | Minneapolis, MN | 12.1 miles | 13,546 |
| 55118 | Saint Paul, MN | 12.2 miles | 29,564 |
| 55101 | Saint Paul, MN | 12.4 miles | 7,911 |
| 55117 | Saint Paul, MN | 12.4 miles | 44,697 |
| 55122 | Saint Paul, MN | 12.4 miles | 32,261 |
| 55337 | Burnsville, MN | 12.4 miles | 47,633 |
| 55356 | Long Lake, MN | 12.4 miles | 5,696 |
| 55130 | Saint Paul, MN | 12.8 miles | 17,775 |
| 55107 | Saint Paul, MN | 12.9 miles | 15,377 |
| 55311 | Maple Grove, MN | 13.1 miles | 38,472 |
| 55369 | Osseo, MN | 13.4 miles | 39,290 |
| 55378 | Savage, MN | 13.4 miles | 32,162 |
| 55331 | Excelsior, MN | 13.5 miles | 19,805 |
| 55126 | Saint Paul, MN | 13.8 miles | 27,456 |
| 55123 | Saint Paul, MN | 14.2 miles | 26,501 |
| 55384 | Spring Park, MN | 14.2 miles | 1,896 |
| 55106 | Saint Paul, MN | 14.4 miles | 56,708 |
| 55340 | Hamel, MN | 14.4 miles | 10,183 |
| 55433 | Minneapolis, MN | 14.7 miles | 34,463 |
| 55075 | South Saint Paul, MN | 15.3 miles | 20,714 |
| 55306 | Burnsville, MN | 15.3 miles | 16,830 |
| 55316 | Champlin, MN | 15.4 miles | 23,294 |
| 55124 | Saint Paul, MN | 15.7 miles | 55,658 |
| 55127 | Saint Paul, MN | 15.7 miles | 18,090 |
| 55434 | Minneapolis, MN | 15.7 miles | 33,029 |
| 55077 | Inver Grove Heights, MN | 15.8 miles | 14,503 |
| 55379 | Shakopee, MN | 16 miles | 50,041 |
| 55109 | Saint Paul, MN | 16.1 miles | 33,461 |
| 55364 | Mound, MN | 16.3 miles | 14,097 |
| 55119 | Saint Paul, MN | 16.4 miles | 44,567 |
| 55448 | Minneapolis, MN | 16.8 miles | 29,005 |
| 55386 | Victoria, MN | 17 miles | 10,077 |
| 55449 | Minneapolis, MN | 17 miles | 34,443 |
| 55076 | Inver Grove Heights, MN | 17.1 miles | 21,374 |