Census ACS · ZIP Code Tabulation Area

55316 Income Statistics for 2026

Hennepin County, Minnesota

Median household income

$116,102

Median household income ($116,102) is higher than Hennepin County County ($105,541).

55316$116,102
Hennepin County County$105,541
55424$250,001
55356$156,622
55391$174,301
55331$159,450
55436$144,129

Average household income

$133,912

Average household income ($133,912) is lower than Hennepin County County ($140,559).

55316$133,912
Hennepin County County$140,559
55424$350,782
55356$313,991
55391$286,470
55331$259,689
55436$242,131

Per-capita income

$49,956

Per-capita income ($49,956) is lower than Hennepin County County ($59,476).

55316$49,956
Hennepin County County$59,476
55424$124,809
55356$136,506
55391$121,153
55331$101,331
55436$102,973

Households earning $100k+

58.4%

Households earning $100k+ (58.4%) is higher than Hennepin County County (50.0%).

5531658.4%
Hennepin County County50.0%
5542480.0%
5535667.0%
5539169.1%
5533171.8%
5543663.4%

All demographics

Population
23,294
Households
8,604
Median age
41.6 yrs
Median household income
$116,102
Mean household income
$133,912
Per capita income
$49,956
Median home value
$358,700
Median gross rent
$1,689
Owner-occupied housing
88.1%
Bachelor's degree or higher
36.9%
In labor force
71.6%
Poverty rate
7.2%
Households earning $100k+
58.4%
Population under 5
4.7%
Population age 18–34
15.5%
Population age 25–44
24.5%
Population age 45–64
30.8%
Population age 65+
15.1%
Hispanic or Latino
4.6%
Black (non-Hispanic)
9.7%
Asian (non-Hispanic)
4.3%
Unemployment rate
3.6%
Open in interactive explorer

County and peer ZIP comparisons use population-weighted aggregates from other ZCTAs in the same county. Source: US Census Bureau ACS 5-year estimates. Page URL: https://resource.skyrocketbpo.com/tools/market-research/us-income-demographics-by-zip-code/minnesota/55316

Link to this page

Permanent URL backed by Census ACS data in PocketBase.

← Back to Minnesota income overview