Census ACS · ZIP Code Tabulation Area

55416 Income Statistics for 2026

Hennepin County, Minnesota

Median household income

$105,958

Median household income ($105,958) is higher than Hennepin County County ($105,541).

55416$105,958
Hennepin County County$105,541
55424$250,001
55356$156,622
55391$174,301
55331$159,450
55436$144,129

Average household income

$143,601

Average household income ($143,601) is higher than Hennepin County County ($140,559).

55416$143,601
Hennepin County County$140,559
55424$350,782
55356$313,991
55391$286,470
55331$259,689
55436$242,131

Per-capita income

$74,220

Per-capita income ($74,220) is higher than Hennepin County County ($59,476).

55416$74,220
Hennepin County County$59,476
55424$124,809
55356$136,506
55391$121,153
55331$101,331
55436$102,973

Households earning $100k+

52.0%

Households earning $100k+ (52.0%) is higher than Hennepin County County (50.0%).

5541652.0%
Hennepin County County50.0%
5542480.0%
5535667.0%
5539169.1%
5533171.8%
5543663.4%

All demographics

Population
35,015
Households
18,055
Median age
35.6 yrs
Median household income
$105,958
Mean household income
$143,601
Per capita income
$74,220
Median home value
$461,500
Median gross rent
$1,755
Owner-occupied housing
49.9%
Bachelor's degree or higher
71.4%
In labor force
75.0%
Poverty rate
5.9%
Households earning $100k+
52.0%
Population under 5
4.7%
Population age 18–34
32.7%
Population age 25–44
36.5%
Population age 45–64
21.9%
Population age 65+
16.9%
Hispanic or Latino
8.0%
Black (non-Hispanic)
4.7%
Asian (non-Hispanic)
2.9%
Unemployment rate
3.3%
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/55416

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Permanent URL backed by Census ACS data in PocketBase.

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