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55416 ZIP Code

Minneapolis, Minnesota

December 28, 2025
ZIP Code:55416
City/Town:Minneapolis
County:Hennepin
State:Minnesota
ZIP Type:Standard
Population:34,715
Median Household Income:$99,383
Per Capita Income:$67,542
Total Housing Units:18,784
Median Home Value:$434,600
Land Area:7.3 sq miles
19.0 sq km
Water Area:0.4 sq miles
0.9 sq km
Coordinates:44.9494, -93.3410

Population Information (55416 zip code)

#%US
Total Population:34,715----
Male:16,85948.6%49.6%
Female:17,85651.4%50.4%
Median Age:35.3 yrs--38.5 yrs
Under 5 years:1,4354.1%5.7%
5 to 9 years:1,6104.6%6.0%
10 to 14 years:1,4234.1%6.5%
15 to 19 years:1,4254.1%6.6%
20 to 24 years:2,2696.5%6.7%
25 to 34 years:9,01326.0%13.7%
35 to 44 years:4,29412.4%12.9%
45 to 54 years:3,67210.6%12.4%
55 to 59 years:2,1126.1%6.5%
60 to 64 years:1,7325.0%6.4%
65 to 74 years:3,48210.0%9.7%
75 to 84 years:1,1363.3%4.8%
85 years and over:1,1123.2%2.0%

Housing Information (55416 zip code)

#%US
Median home value:$434,600--$281,900
Median rooms:4.5--5.5
Median rent:$1,623 / mo.--$1,268 / mo.
Total housing units:18,784----
Occupied housing units:17,70294.2%38.0%
Vacant housing units:1,0825.8%4.6%
Housing tenure:------
Owner-occupied:8,98150.7%64.8%
Renter-occupied:8,72149.3%35.2%

Educational Attainment (55416 zip code)

#%US
Population 25 years and over:26,553----
Less than 9th grade:3021.1%4.7%
9th to 12th grade, no diploma:2410.9%6.1%
High school graduate:1,9517.3%26.4%
Some college, no degree:3,13411.8%19.7%
Associate degree:1,5765.9%8.7%
Bachelor's degree:12,18545.9%20.9%
Graduate or professional degree:7,16427.0%13.7%
Percent high school graduate or higher:--98.0%89.1%
Percent bachelor's degree or higher:--72.9%34.3%

Income Information (55416 zip code)

ValueUS
Median household income:$99,383 / yr.$75,149 / yr.
Mean household income:$139,346 / yr.$105,833 / yr.
Median family income:$164,583 / yr.$92,646 / yr.
Per capita income:$67,542 / yr.$41,261 / yr.

Employment (55416 zip code)

#%US
In labor force:22,402--63.5%
Employed:21,76397.2%96.4%
Unemployed:6272.8%5.3%
Not in labor force:7,580----
Class of Worker:------
Private wage and salary:18,24683.8%79.7%
Government workers:2,17310.0%14.2%
Self-employed:1,2945.9%5.9%
Unpaid family workers:500.2%0.1%

Race & Ethnicity (55416 zip code)

#%US
Race (one race):------
White:28,98983.5%61.6%
Black or African American:1,6924.9%12.4%
American Indian/Alaska Native:800.2%1.1%
Asian:1,3293.8%6.0%
Native Hawaiian/Pacific Islander:00.0%0.2%
Some other race:5081.5%8.4%
Two or more races:2,1176.1%10.2%
Hispanic or Latino (any race):1,4804.3%18.7%
Mexican:2,0676.0%11.2%
Puerto Rican:1,1053.2%1.8%
Cuban:270.1%0.7%
Other Hispanic or Latino:980.3%5.0%
Not Hispanic or Latino:8372.4%81.1%

Income Distribution (55416 zip code)

Household IncomeHouseholds%US
Less than $10,000:5573.1%4.9%
$10,000 to $14,999:1731.0%3.8%
$15,000 to $24,999:6583.7%7.0%
$25,000 to $34,999:6853.9%7.4%
$35,000 to $49,999:1,3847.8%10.7%
$50,000 to $74,999:2,87416.2%16.1%
$75,000 to $99,999:2,53914.3%12.8%
$100,000 to $149,999:3,17317.9%17.1%
$150,000 to $199,999:1,94811.0%8.8%
$200,000 or more:3,71121.0%11.4%

Commute to Work (55416 zip code)

Commute MethodWorkers%US
Drove alone:13,17860.6%67.8%
Carpooled:8954.1%8.7%
Public transportation:9244.2%4.2%
Walked:4592.1%2.5%
Other means:4452.0%0.9%
Worked from home:5,62025.8%13.8%
Mean travel time to work:20.8 min--26.7 min

Industry (55416 zip code)

Industry SectorWorkers%US
Agriculture, forestry, fishing, mining:780.4%1.6%
Construction:5782.7%6.9%
Manufacturing:2,25210.3%10.0%
Wholesale trade:7853.6%2.4%
Retail trade:1,9999.2%11.0%
Transportation, warehousing, utilities:9284.3%5.8%
Information:3991.8%1.9%
Finance, insurance, real estate:2,53411.6%6.7%
Professional, scientific, management:4,24119.5%12.1%
Education, health care, social services:5,66126.0%23.3%
Arts, entertainment, food services:1,0664.9%9.0%
Other services:7373.4%4.7%
Public administration:5052.3%4.7%

Poverty Status (55416 zip code)

#%US
Poverty Rate:--5.2%8.8%
All people below poverty level:------
Under 18 years:----16.3%
18 to 64 years:----11.0%
65 years and over:----10.3%

Health Insurance (55416 zip code)

#%US
With health insurance:33,40796.2%91.3%
Private health insurance:28,71282.7%67.6%
Public health coverage:9,04226.0%35.9%
Without health insurance:1,0453.0%8.7%

Benefits & Assistance (55416 zip code)

Households with:#%US
Earnings:14,64682.7%77.4%
Social Security income:3,96322.4%31.0%
Retirement income:3,17517.9%21.8%
Supplemental Security Income (SSI):5443.1%4.5%
Cash public assistance income:3101.8%1.8%
SNAP (food stamps) benefits:3752.1%11.4%

Housing Types (55416 zip code)

Structure TypeUnits%US
1-unit, detached:7,37439.3%61.4%
1-unit, attached:8184.4%6.1%
2 units:4562.4%3.4%
3 or 4 units:1110.6%4.3%
5 to 9 units:9114.8%4.6%
10 to 19 units:8844.7%4.3%
20 or more units:8,22643.8%9.9%
Mobile home:40.0%5.8%
Boat, RV, van, etc.:00.0%0.1%

Year Structure Built (55416 zip code)

Year BuiltUnits%US
Built 2020 or later:670.4%0.6%
Built 2010 to 2019:2,30512.3%8.2%
Built 2000 to 2009:1,94910.4%13.5%
Built 1990 to 1999:1,0465.6%13.2%
Built 1980 to 1989:2,29112.2%13.2%
Built 1970 to 1979:2,11111.2%14.6%
Built 1960 to 1969:1,6268.7%10.2%
Built 1950 to 1959:2,68114.3%9.9%
Built 1940 to 1949:2,15511.5%4.6%
Built 1939 or earlier:2,55313.6%12.0%

Bedrooms (55416 zip code)

Number of BedroomsUnits%US
No bedroom (studio):9845.2%2.4%
1 bedroom:5,51429.4%3.0%
2 bedrooms:5,02126.7%9.1%
3 bedrooms:3,88220.7%15.9%
4 bedrooms:2,49513.3%18.8%
5 or more bedrooms:8884.7%17.6%

Heating Fuel (55416 zip code)

Fuel TypeUnits%US
Utility gas:12,15168.6%47.1%
Bottled, tank, or LP gas:5122.9%4.9%
Electricity:4,67126.4%40.2%
Fuel oil, kerosene, etc.:360.2%4.2%
Coal or coke:00.0%0.1%
Wood:110.1%1.5%
Solar energy:00.0%0.1%
Other fuel:1320.7%0.5%
No fuel used:1891.1%0.2%

Vehicles Available (55416 zip code)

VehiclesHouseholds%US
No vehicle available:9255.2%8.3%
1 vehicle available:8,66448.9%32.6%
2 vehicles available:6,56237.1%37.0%
3 or more vehicles available:1,5518.8%22.1%

Home Value Distribution (55416 zip code)

Value RangeOwner Units%US
Less than $50,000:600.7%5.7%
$50,000 to $99,999:901.0%7.8%
$100,000 to $149,999:2442.7%9.2%
$150,000 to $199,999:4204.7%10.8%
$200,000 to $299,999:1,17313.1%19.9%
$300,000 to $499,999:3,43438.2%24.1%
$500,000 to $999,999:3,09634.5%17.0%
$1,000,000 or more:4645.2%5.6%

Housing Costs (55416 zip code)

ValueUS
Median owner costs (with mortgage):$2,361 / mo.$1,828 / mo.
Median owner costs (no mortgage):$890 / mo.$584 / mo.
Median gross rent:$1,623 / mo.$1,268 / mo.
Average household size (owner-occupied):2.242.53
Average household size (renter-occupied):1.632.38

Households (55416 zip code)

#%US
Total households:17,702----
Married-couple households:5,92133.4%47.5%
Cohabiting couple households:2,43713.8%7.0%
Male householder, no spouse:4,22423.9%5.4%
Female householder, no spouse:6,03334.1%12.7%
Householder living alone:3,14817.8%28.6%
65 years and over living alone:4,26524.1%11.8%
Average household size:1.94--2.53
Average family size:2.86----

Marital Status (55416 zip code)

Population 15 years and over#%US
Total:14,512----
Never married:6,93947.8%37.0%
Now married:6,36943.9%49.5%
Separated:2011.4%1.5%
Widowed:9096.3%2.6%
Divorced:6,84747.2%9.3%

School Enrollment (55416 zip code)

Population 3 years and over#%US
Enrolled in school:6,300----
Nursery school, preschool:4577.3%5.8%
Kindergarten:3946.3%5.0%
Elementary school (grades 1-8):2,40138.1%40.5%
High school (grades 9-12):1,40722.3%21.4%
College or graduate school:1,64126.0%27.3%

Veterans & Disability (55416 zip code)

#%US
Civilian population 18 years and over:29,198----
Veterans:1,1924.1%6.3%
Civilian noninstitutionalized population:34,452----
With a disability:2,9488.6%13.4%
Under 18 with disability:2117.2%5.8%
18 to 64 with disability:1,33945.4%10.4%
65 and over with disability:1,39847.4%33.4%

Mobility (Residence 1 Year Ago) (55416 zip code)

Population 1 year and over#%US
Same house:27,68879.8%86.9%
Different house:6,72819.4%13.1%
Same county:3,83457.0%7.0%
Different county:2,81141.8%3.2%
Different state:1,68325.0%2.5%
Abroad:831.2%0.4%

Place of Birth (55416 zip code)

#%US
Native born:31,54090.9%86.2%
Foreign born:3050.9%13.9%
Naturalized citizen:3,1751041.0%52.7%
Not a citizen:3,1751041.0%47.3%
Foreign-born by region:------
Europe:3,1751041.0%10.5%
Asia:669219.3%31.3%
Africa:596195.4%5.5%
Oceania:00.0%0.5%
Latin America:706231.5%50.0%
Northern America:19563.9%2.2%

Language Spoken at Home (55416 zip code)

Population 5 years and over#%US
Total:33,280----
English only:29,47588.6%78.3%
Language other than English:3,80511.4%21.5%
By language:------
Spanish:1,0693.2%13.3%
Other Indo-European languages:1,3674.1%3.5%
Asian/Pacific Island languages:5971.8%3.5%
Other languages:7722.3%1.0%

Computers & Internet (55416 zip code)

Households%US
Households with a computer:17,702100.0%93.1%
Households with broadband internet:17,18997.1%89.4%