ZIP Code 55416
ZIP / ZCTAPopulation: 34,905
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 — 55416
- What is the median household income in 55416?
- The median household income in 55416 is $105,926 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in 55416?
- The poverty rate in 55416 is 2.1% (U.S. Census Bureau ACS 2023).
- What is the median home value in 55416?
- $457,300 (U.S. Census Bureau ACS 2023).
- What is the average rent in 55416?
- The median gross rent in 55416 is $1,701 per month (U.S. Census Bureau ACS 2023).
- What percentage of 55416 residents have a college degree?
- 73.2% of adults in 55416 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
34,905
Median Income
$105,926
Median Home Value
$457,300
Poverty Rate
2.1%
Unemployment (ACS 2023)
2.9%
Median Age
35.0 yrs
Since 2019
Median Income:
+$20,818 (+24.5%)
Home Value:
+$101,900 (+28.7%)
Poverty Rate:
-1.1 pp (-34.4%)
Bachelor's+:
+3.0 pp (+4.3%)
Unemployment:
+0.4 pp (+16%)
Demographics
Total Population
34,905
Median Age
35.0
Female
51.3%
Race & Ethnicity
Hispanic or Latino 7.6%
White (non-Hisp.) 78.8%
Black 5.0%
Asian 3.6%
Two or More 8.5%
Other 0.9%
Asian Subgroups (% of total pop.)
Indian
1.0%
Chinese
0.9%
Korean
0.4%
Vietnamese
0.3%
Japanese
0.2%
Filipino
0.1%
Hispanic Subgroups (% of total pop.)
Mexican
4.2%
Cuban
0.4%
Puerto Rican
0.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$105,926
±$6,993
Per Capita Income
$146,457
Median Family Income
$171,043
Poverty Rate
2.1%
Child Poverty Rate
3.2%
Working-Age Poverty Rate
—
SNAP Recipients
2.1%
Social Security Income
—
Retirement Income
18.9%
Household Income Distribution
< $10k
2.8%
$10–15k
1.4%
$15–25k
3.2%
$25–35k
3.5%
$35–50k
6.9%
$50–75k
16.5%
$75–100k
13.5%
$100–150k
18.3%
$150–200k
11.9%
$200k+
22.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
19,197
Owner-Occupied
49.8%
Renter-Occupied
50.2%
Vacancy Rate
7.2%
Median Home Value
$457,300
Median Gross Rent
$1,701
Owner Cost Burden (30%+)
14.4%
Renter Cost Burden (30%+)
27.7%
Home Value Distribution
< $50k
1.1%
$50–100k
0.9%
$100–200k
1.4%
$200–300k
10.9%
$300–500k
38.9%
$500k–$1M
35.9%
$1M+
6.5%
Gross Rent Distribution
< $500
1.7%
$500–1k
3.0%
$1–1.5k
31.7%
$1.5–2k
33.9%
$2–2.5k
15.5%
$2.5–3.5k
8.1%
$3.5k+
6.2%
Vehicle Availability
No vehicle
5.3%
1 vehicle
48.8%
2 vehicles
36.8%
3+
9.2%
Housing Type
Single-fam. det.
37.9%
Single-fam. att.
4.4%
2–4 units
2.1%
5–19 units
5.0%
20+ units
44.5%
Housing Age
Pre-1940
13.1%
1940–1969
10.4%
1970–1999
11.9%
2000–2009
10.1%
2010+
14.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
97.8%
Bachelor's or Higher
73.2%
Graduate Degree
28.0%
Some College / Associate
11.1%
Less Than High School
1.1%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
75.2%
Unemployment Rate
2.9%
Work from Home
30.8%
Self-Employed
5.7%
Government Workers
10.4%
Private For-Profit
83.7%
Industry
Edu/Health
26.4%
Prof. Services
18.4%
Manufacturing
11.8%
Finance
11.0%
Retail
9.3%
Arts/Entmt.
4.5%
Transportation
4.2%
Wholesale
3.5%
Construction
2.9%
Public Admin
2.5%
Information
1.9%
Agriculture
0.3%
Occupation
Management
67.1%
Sales
19.0%
Food Prep
6.4%
Production
5.5%
Construction
1.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
20.7 min
Drove Alone
57.9%
Carpool
4.5%
Public Transit
3.2%
Work from Home
30.8%
Walked
2.3%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
17,816
Avg. Household Size
1.00
Avg. Family Size
—
Married-Couple Households
34.0%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
14.1%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
4.2%
5–9
5.1%
10–14
4.2%
15–19
3.9%
20–24
6.9%
25–34
24.6%
35–44
12.4%
45–54
11.3%
55–64
6.2%
65–74
5.2%
75–84
10.0%
85+
3.2%
Under 18: 16.4%
Working age (18–64): 83.6%
65 and over: 16.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
8.1%
Naturalized Citizen
55.5%
Speaks English Less Than Very Well
2.5%
Foreign-Born Origin
Asia
31.7%
Latin America
23.2%
Europe
20.7%
Africa
19.1%
Veterans & Disability
Veteran
4.6%
With a Disability
8.5%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
97.1%
Uninsured
2.9%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
95.9%
Has a Computer
97.9%
Same House 1 Year Ago
79.9%
Moved from Abroad
0.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023