Census ACS · ZIP Code Tabulation Area

55616 Income Statistics for 2026

Lake County, Minnesota

Median household income

$76,127

Median household income ($76,127) is higher than Lake County County ($74,739).

55616$76,127
Lake County County$74,739
55607$87,857
55614$72,981
55603$61,875
55601$56,250
55609$78,208

Average household income

$91,022

Average household income ($91,022) is higher than Lake County County ($89,258).

55616$91,022
Lake County County$89,258
55607$92,289
55614$90,584
55603$68,591
55601$65,600
55609$62,496

Per-capita income

$39,638

Per-capita income ($39,638) is lower than Lake County County ($40,691).

55616$39,638
Lake County County$40,691
55607$41,087
55614$45,373
55603$34,812
55601$34,602
55609$37,484

Households earning $100k+

35.9%

Households earning $100k+ (35.9%) is higher than Lake County County (35.0%).

5561635.9%
Lake County County35.0%
5560735.1%
5561434.3%
5560326.7%
5560127.0%
556099.3%

All demographics

Population
7,250
Households
3,070
Median age
44.3 yrs
Median household income
$76,127
Mean household income
$91,022
Per capita income
$39,638
Median home value
$259,200
Median gross rent
$1,096
Owner-occupied housing
80.3%
Bachelor's degree or higher
25.0%
In labor force
60.0%
Poverty rate
7.9%
Households earning $100k+
35.9%
Population under 5
4.9%
Population age 18–34
16.3%
Population age 25–44
23.2%
Population age 45–64
26.3%
Population age 65+
22.6%
Hispanic or Latino
1.3%
Black (non-Hispanic)
0.3%
Asian (non-Hispanic)
0.4%
Unemployment rate
1.9%

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/55616

Link to this page

Permanent URL backed by Census ACS data in PocketBase.

Context & methodology

About ZIP 55616 income statistics ($76,127 median)

ZIP Code Tabulation Area 55616 in Minnesota is defined by the U.S. Census Bureau for statistical reporting. It closely matches USPS ZIP code 55616 but may differ slightly at edges — use these ACS figures as demographic benchmarks, not exact postal boundaries.

An estimated 7,250 people live in this ZCTA. Median household income here ($76,127) is higher than Lake County County ($74,739). Operators sizing a local market often pair median income with mean income ($91,022) and the share of households earning $100k+ to gauge both typical and upscale demand.

The neighboring ZIP comparison table above lists adjacent ZCTAs with their own ACS estimates. Large gaps between adjacent ZIP codes are common — a few miles can separate very different income profiles, which matters for retail trade areas, service radius, and competitive positioning.

Small-area ACS estimates carry wider margins of error than state or county totals. The Census Bureau publishes guidance on interpreting confidence intervals (linked below). When a figure is critical to your analysis, download the underlying table from data.census.gov and review the margin of error column before citing it in a business plan or press release.

Data vintage: Census ACS 2024 5-year estimates (published 2026). Tables: B19013 (median HH income), B19001 (distribution), B19049 (income by age of householder).

Authoritative sources & further reading

Primary government data and reference pages for verifying and extending this analysis.

Related market research tools

Combine ZIP-level income with these free Resource tools for fuller market pictures.

All ZIP codes·Minnesota·ZIP codes in Lake County