Frequently Asked Questions About ZIP Code 55416
FAQs and quick facts about the 55416 ZIP Code
Find answers to frequently asked questions about 55416 (Minneapolis, MN)
1
What region of the U.S. is ZIP Code 55416 associated with?
The 55416 ZIP Code is primarily associated with Minneapolis, MN in the United States.
2
What U.S. county is ZIP Code 55416 located in?
The 55416 ZIP Code is located in Hennepin County in the state of Minnesota.
3
What is the current population estimate for ZIP Code 55416?
The ZIP Code 55416 has a current population estimate of 33,036, according to the U.S. Census Bureau.
5
What is the per capita income in ZIP Code 55416?
The per capita income in ZIP Code 55416 of $63,855 is approximately 87.24% more than the per capita income in the U.S. overall of $34,103.
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6
What income range is most common for those living in ZIP Code 55416?
An estimated 17.3% of the residents in 55416 earn $100,000 to $149,999 per year, the highest percentage of any range, while 15.7% earn $200,000 or more per year.
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7
Are any residents of ZIP Code 55416 living below the poverty line?
An estimated 3.2% of the population is living below the poverty line in this region. This rate is approximately 66.32% lower than the overall poverty rate in the U.S. of 9.5%.
8
What is the average home price in ZIP Code 55416?
The median home value in ZIP Code 55416 in January 2025 was $468,556. That recent median value is approximately 2% higher than the $459,590 median value in the region 12 months earlier in February 2024.
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9
When were most homes built in ZIP Code 55416?
Approximately 13.8% of homes in ZIP Code 55416 were built between 1950 and 1959. This is, relatively speaking, the largest of percentage of any time range. Additionally, 13.3% of homes in the region were built in 1939 or earlier.
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10
What is the racial composition of ZIP Code 55416?
The most common race in 55416 (race alone or in combination with one or more other races), is White (88.7%), followed by Black or African American (6.0%) . In this region, 97.4% of residents are one race, while 2.6% are two or more races.
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11
Are there more females or males in ZIP Code 55416?
There are more females than males in ZIP Code 55416. Females comprise approximately 51.9% of the population, while males make up an estimated 48.1%.
12
What is the average age of residents in ZIP Code 55416?
Residents of ZIP Code 55416 have a median age of 35.4 years. People aged 25 to 34 years make up approximately 26.5% of the population in 55416, the largest percentage of any age group.
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13
Is the population in ZIP Code 55416 older or younger than average?
Residents of ZIP Code 55416 are younger than average. The median age of 35.4 years in ZIP Code 55416 is approximately 7.09% lower than the overall median age in the U.S. of 38.1 years.
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14
How many residents in ZIP Code 55416 are senior citizens?
An estimated 19.1% of residents in ZIP Code 55416 are of age 62 years and older.
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15
What portion of the population in ZIP Code 55416 is of voting age?
According to U.S. Census Bureau data, approximately 84% of residents in the 55416 ZIP Code are in the voting age population (18 and over).
16
How many people in ZIP Code 55416 do not have health insurance?
Approximately 4.5% of adults aged 18 to 64 in ZIP Code 55416 are uninsured and do not have health insurance.
17
How many residents in ZIP Code 55416 are high school graduates?
In ZIP Code 55416, 98.0% of the population graduated high school. In this region, 0.7% achieved an education level less than 9th grade, while 1.3% attended 9th to 12th grade, but did not receive a diploma.
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18
How many residents in ZIP Code 55416 are college graduates?
In ZIP Code 55416, 70.2% of the population has a Bachelor's degree or higher. An estimated 12.6% attended some college, but did not receive a degree.
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19
What is the highest level of education attained for the typical resident in ZIP Code 55416?
An estimated 41.5% of the residents in 55416 reached the level of bachelor's degree, the highest percentage of any level. Additionally, 28.7% reached the level of graduate or professional degree.
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20
What is the most frequent language spoken in home in ZIP Code 55416?
In ZIP Code 55416, approximately 88.5% of the population in 55416 list "English only" as the language spoken in home. This is the most common in-home language spoken in the region.
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21
Other than English, what is the most common language spoken in home in the 55416 ZIP Code?
An estimated 4.7% of residents in ZIP Code 55416 speak Other Indo-European languages at home. This is the most common language spoken in home, other than English.
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22
Which area codes are associated with ZIP Code 55416?
Telephone area codes that are frequently associated with ZIP Code 55416 include: No associated area codes were found for ZIP Code 55416.
23
Does ZIP Code 55416 have good solar power potential?
The 55416 ZIP Code has below average solar power potential when compared to the U.S. as a whole. This region's average solar radiation level of 4.88kWh/m2/day is 1.41% less than the overall U.S. daily average.
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24
What job industry do residents of ZIP Code 55416 work in most frequently?
An estimated 24.7% of the employed population 16 years and over in ZIP Code 55416 work in educational services, and health care and social assistance. This is the largest percentage of any job industry.
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25
How is the air quality in ZIP Code 55416?
The current air quality level in ZIP Code 55416, according to the Common Air Quality Index (CAQI) air quality index, is: Good.
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26
How common is broadband Internet service in ZIP Code 55416?
An estimated 89.5% of households in ZIP Code 55416 have broadband Internet service. Approximately 94.3% of households in the region have a computer in home.
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