ZIP code
55416 · Minneapolis, MN
About 34,905 residents. Ranks #6 of 21 Minneapolis ZIP codes by household income.
This ZIP code also covers part of St. Louis Park, MN, Golden Valley, MN . Figures describe the whole ZIP code area.
| Measure | 55416 | Minneapolis |
|---|---|---|
| Median household income | $105,926 | $80,269 |
| Median rent | $1,701 / mo | $1,329 / mo |
| Median home value | $457,300 | $345,600 |
| Rent as share of income | 19.3% | 19.9% |
| Median age | 35.8 | 33.0 |
| Poverty rate | 5.4% | 16.4% |
| Unemployment | 2.9% | 5.7% |
| Bachelor's degree or higher | 73.2% | 54.5% |
| Renter-occupied homes | 50.3% | 52.0% |
| Households with broadband | 95.9% | 90.3% |
| Average commute | 20.7 min | 22.5 min |
| Work from home | 30.8% | 23.3% |
| Commute by transit | 3.2% | 7.5% |
| Commute on foot | 2.3% | 6.0% |
Green marks the better value. Estimates are for the ZIP Code Tabulation Area, which approximates the ZIP code, and carry a margin of error that grows as the population shrinks.
ZIP codes in Minneapolis
| ZIP | Income | Rent | Home value |
|---|---|---|---|
| 55410 | $144,973 | $1,622 | $597,400 |
| 55419 | $143,254 | $1,476 | $479,000 |
| 55415 | $126,480 | $1,836 | $581,500 |
| 55417 | $122,639 | $1,377 | $368,400 |
| 55401 | $115,651 | $2,010 | $401,500 |
| 55416 | $105,926 | $1,701 | $457,300 |
| 55409 | $98,056 | $1,364 | $365,500 |
| 55418 | $95,630 | $1,349 | $332,500 |
| 55406 | $91,865 | $1,276 | $335,500 |
| 55413 | $84,252 | $1,497 | $354,200 |
| 55407 | $78,206 | $1,219 | $317,000 |
| 55430 | $77,385 | $1,370 | $243,800 |
| 55408 | $72,421 | $1,385 | $387,500 |
| 55412 | $71,905 | $1,340 | $226,400 |
| 55405 | $70,425 | $1,188 | $450,200 |
| 55402 | $69,808 | $1,650 | — |
| 55403 | $59,928 | $1,199 | $285,200 |
| 55411 | $53,368 | $1,220 | $233,500 |
| 55414 | $47,004 | $1,368 | $454,200 |
| 55404 | $43,932 | $1,063 | $294,200 |
| 55454 | $26,429 | $947 | $184,700 |