ZIP Code 55016
ZIP / ZCTAPopulation: 39,925
ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes. Boundaries may differ slightly from postal delivery areas, and estimates for less-populated ZCTAs carry higher margins of error.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — 55016
- What is the median household income in 55016?
- The median household income in 55016 is $121,295 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in 55016?
- The poverty rate in 55016 is 2.7% (U.S. Census Bureau ACS 2023).
- What is the median home value in 55016?
- $358,800 (U.S. Census Bureau ACS 2023).
- What is the average rent in 55016?
- The median gross rent in 55016 is $1,653 per month (U.S. Census Bureau ACS 2023).
- What percentage of 55016 residents have a college degree?
- 39.2% of adults in 55016 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
39,925
Median Income
$121,295
Median Home Value
$358,800
Poverty Rate
2.7%
Unemployment (ACS 2023)
3.5%
Median Age
36.0 yrs
Since 2019
Median Income:
+$19,822 (+19.5%)
Home Value:
+$110,000 (+44.2%)
Poverty Rate:
+1.3 pp (+92.9%)
Bachelor's+:
+3.2 pp (+8.9%)
Unemployment:
+1.7 pp (+94.4%)
Demographics
Total Population
39,925
Median Age
36.0
Female
49.6%
Race & Ethnicity
Hispanic or Latino 6.8%
White (non-Hisp.) 76.0%
Black 5.7%
Asian 6.6%
Two or More 8.0%
Other 2.7%
Asian Subgroups (% of total pop.)
Vietnamese
0.5%
Indian
0.3%
Chinese
0.1%
Filipino
0.1%
Hispanic Subgroups (% of total pop.)
Mexican
4.8%
Puerto Rican
0.4%
Cuban
0.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$121,295
±$6,525
Per Capita Income
$140,928
Median Family Income
$130,034
Poverty Rate
2.7%
Child Poverty Rate
2.3%
Working-Age Poverty Rate
—
SNAP Recipients
4.0%
Social Security Income
—
Retirement Income
29.5%
Household Income Distribution
< $10k
1.2%
$10–15k
1.3%
$15–25k
2.0%
$25–35k
3.3%
$35–50k
3.9%
$50–75k
12.8%
$75–100k
12.5%
$100–150k
27.8%
$150–200k
18.6%
$200k+
16.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
13,953
Owner-Occupied
88.4%
Renter-Occupied
11.6%
Vacancy Rate
1.1%
Median Home Value
$358,800
Median Gross Rent
$1,653
Owner Cost Burden (30%+)
13.0%
Renter Cost Burden (30%+)
46.6%
Home Value Distribution
< $50k
1.8%
$100–200k
1.1%
$200–300k
24.4%
$300–500k
50.6%
$500k–$1M
18.1%
$1M+
0.9%
Gross Rent Distribution
< $500
0.9%
$500–1k
1.4%
$1–1.5k
39.8%
$1.5–2k
25.9%
$2–2.5k
23.1%
$2.5–3.5k
4.4%
$3.5k+
4.5%
Vehicle Availability
No vehicle
2.5%
1 vehicle
21.7%
2 vehicles
47.9%
3+
27.8%
Housing Type
Single-fam. det.
80.5%
Single-fam. att.
11.7%
2–4 units
0.4%
5–19 units
1.2%
20+ units
3.7%
Mobile home
0.4%
Housing Age
Pre-1940
1.0%
1940–1969
0.9%
1970–1999
15.0%
2000–2009
14.6%
2010+
8.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
95.4%
Bachelor's or Higher
39.2%
Graduate Degree
11.7%
Some College / Associate
20.1%
Less Than High School
2.1%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
72.9%
Unemployment Rate
3.5%
Work from Home
19.4%
Self-Employed
3.5%
Government Workers
16.8%
Private For-Profit
79.6%
Industry
Edu/Health
25.5%
Manufacturing
14.6%
Retail
10.7%
Finance
8.6%
Prof. Services
8.5%
Public Admin
7.1%
Construction
6.5%
Transportation
5.9%
Arts/Entmt.
4.8%
Wholesale
2.4%
Information
0.8%
Agriculture
0.8%
Occupation
Management
46.5%
Sales
19.8%
Food Prep
13.4%
Production
12.5%
Construction
7.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
24.6 min
Drove Alone
71.4%
Carpool
7.2%
Public Transit
0.8%
Work from Home
19.4%
Walked
0.5%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
13,793
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
63.6%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
28.9%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
7.4%
5–9
6.7%
10–14
8.1%
15–19
6.7%
20–24
5.1%
25–34
12.3%
35–44
17.0%
45–54
11.5%
55–64
6.3%
65–74
5.3%
75–84
8.3%
85+
3.7%
Under 18: 26.6%
Working age (18–64): 73.4%
65 and over: 13.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
7.8%
Naturalized Citizen
69.8%
Speaks English Less Than Very Well
4.4%
Foreign-Born Origin
Asia
44.3%
Latin America
23.4%
Africa
21.3%
Europe
8.1%
Veterans & Disability
Veteran
6.6%
With a Disability
9.1%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
97.4%
Uninsured
2.6%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
95.0%
Has a Computer
97.0%
Same House 1 Year Ago
89.2%
Moved from Abroad
0.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023