Best Places55416, MN Best Neighborhoods
2026–2027 edition · Data updated July 2026
Every neighborhood inside ZIP code 55416, scored on 40 measures of daily life and ranked to fit what matters to you. Local pay runs high here, and housing takes the biggest bite out of it. To work out which city fits you best, start with the best places to live tool.
55416 ranks 1,253rd of 33,110 U.S. zip codes on the BestNeighborhood index. It scores highest on fast internet by a wide margin, and childcare costs are the weak spot.
The best neighborhoods in 55416
BestNeighborhood is the only ranking that scores 40 measures of daily life neighborhood by neighborhood and lets you re-weight every one of them yourself.
55416's strengths and weaknesses
Where 55416 ranks high
- Internet speedBetter than 99% of zip codes
- Health outlookBetter than 99% of zip codes
- BikingBetter than 97% of zip codes
- Educational attainmentBetter than 97% of zip codes
- Cost of living vs incomeBetter than 96% of zip codes
Where 55416 ranks low
- Cheap childcare$1,682 a month, better than only 3% of zip codes
- QuietBetter than only 4% of zip codes
- Crime safetyBetter than only 18% of zip codes
- Low income/sales/gas taxBetter than only 22% of zip codes
- Low property taxBetter than only 25% of zip codes
What it costs to buy a home in 55416
A household needs to earn about $142,000 a year to comfortably buy the median 55416 home, at 20% down and today's 30-year rate. That runs well above the area's median income of $123,750, so buying stretches a typical household.
Where the monthly payment goes
Assumes a 20% down payment, a 6.6% 30-year fixed rate, and a 28% share of income going to the payment. The rate is the 2026-07-23 30-year fixed average, series MORTGAGE30US from the St. Louis Fed, which publishes Freddie Mac's weekly survey. Against the median home value, property tax uses 55416's effective rate of 1.19%, and insurance is estimated at 0.4% of home value a year.
Renting versus buying
At today's prices and rents, renting stays cheaper than buying across the first 10 years here, so the case for buying rests on staying much longer or on prices rising faster than assumed. The chart tracks the running cost of each.
Who lives in 55416
55416 runs younger than the country, and households here run smaller than average.
Residents by age
Racial and ethnic makeup has its own map. See the race and diversity map for 55416.
Who works in 55416, and how
Work in 55416 centers on professional & technical and health care & social. Unemployment is low, and employment has held roughly flat.
Largest industries
How people get to work
- Drive or carpool 59%
- Work from home 34%
- Transit, walk, or bike 7%
Life in 55416
55416 has more parkland per resident than 94% of zip codes and more late-night spots per resident than 74% of zip codes. Dining, parks, and nightlife concentrates in some parts of 55416 and thins out in others, which the map shows.
What the weather is like in 55416, month by month
55416 sees roughly 108 pleasant days a year. July highs average about 87 degrees. January highs sit near 27, with lows near 10. The comfortable stretch runs May through September.
Show the monthly temperatures
| Month | Avg high | Avg | Avg low |
|---|---|---|---|
| January | 27° | 18° | 10° |
| April | 58° | 46° | 35° |
| July | 87° | 75° | 65° |
| October | 62° | 51° | 41° |
Flying in and out of 55416
Minneapolis-St Paul International/Wold-Chamberlain sits about 7 miles away. It is a large hub and boarded 17.5 million passengers in 2025, with 195 nonstop destinations.
The best schools in and around 55416
Schools across 55416 average a B, better than 63% of zip codes.
Top elementary schools
- Xinxing AcademyA · 70% proficient
- Highlands ElementaryA · 70% proficient
- Park Spanish Immersion ElementaryA− · 58% proficient
Top middle schools
- South View MiddleA− · 58% proficient
- Hopkins North Junior HighB+ · 49% proficient
- St. Louis Park Middle SchoolB− · 41% proficient
Top high schools
- Edina Senior HighA · 75% proficient
- Hopkins Senior HighB+ · 55% proficient
- St. Louis Park Senior HighB · 47% proficient
Grades come from K-12 test scores, with scores projected for schools missing data. See every 55416 school and its grade on SchoolGrade.
55416 measure by measure
Cards are ordered by how much each measure matters to you, so the ones you weighted highest come first. Expand to see every measure. Percentages compare 55416 against the other 33,109 zip codes.
Who 55416 suits
Remote workers
Cost of living against local pay beats 96% of zip codes, internet is fast and widely advertised, and 34% already work from home.
Retirees
The weather beats 69% of zip codes and health care access beats 82%.
Common questions about living in 55416
Is 55416 a good place to live?
Using BestNeighborhood's default rankings, 55416 ranks 1,253rd of 33,110 zip codes. It scores highest on fast internet, population health, and biking, and lowest on childcare costs and noise. How good it is for you depends on which of those you weight most, which the map lets you set.
Is 55416 expensive to live in?
The median home is worth $514,403. The overall cost of living runs about 8% below the national average. Set against a $123,750 median income, cost of living beats 96% of zip codes.
Is 55416 safe?
55416 is safer than 18% of zip codes. Safety varies a lot by neighborhood. Crime costs an estimated $508 per resident a year.
What is the weather like in 55416?
July highs average about 87 degrees, and January highs near 27 with lows near 10. That works out to about 108 pleasant days a year, more than 69% of zip codes.
Is 55416 good for families?
Schools beat 63% of zip codes, crime safety beats 18%, and childcare runs $1,682 a month.
Compare 55416 with other zip codes
Sources and methodology
Every measure on this page is scored for each neighborhood, then rolled up to 55416. Scores are absolute rather than ranked, which means a 60 in 55416 represents the same real quantity as a 60 anywhere else, and the ranking is a weighted average of those absolutes. The map colors come from a national scale calibrated against a population weighted random sample of 5,000 neighborhoods. That absolute scoring is what no other places-to-live ranking does: it puts a single neighborhood, a town, a metro, and a state on one scale, so the same 40 measures answer both which metro to move to and which street inside it to buy on. Read the full methodology.
55416 detail on BestNeighborhood maps:
- Walk Grade for 55416: walkability, transit, and biking, measured on the real street network rather than by straight line distance.
- Noise in 55416: road, rail, and aviation sound modeling calibrated against federal ground truth measurements.
- Conservative vs liberal map of 55416: precinct level election results apportioned to neighborhoods.
- Mobile and cell coverage in 55416: carrier by carrier coverage behind the cell score.
55416 detail on related sites:
- CrimeGrade: neighborhood crime rates behind the crime safety score.
- ISPreports.org: provider by provider internet availability and advertised speeds.
- CoverageWatch: the car insurance premiums behind the cheap car insurance score.
Federal and public data:
- U.S. Census Bureau American Community Survey: income, home value, rent, vacancy, commute time and mode, educational attainment, home age, age structure, household type, industry, and race.
- NOAA Global Surface Summary of the Day: the daily station record behind the monthly temperatures and the pleasant-day count.
- FAA Passenger Boarding Data: airport size and annual passenger counts.
- Freddie Mac Primary Mortgage Market Survey: the 30-year fixed rate used in the cost-to-buy estimate.
- FBI Crime Data Explorer: reported offenses behind the tangible crime cost estimate.
- U.S. EPA Air Quality System: five year average air quality index.
- FEMA National Risk Index: expected annual loss from natural hazards.
- CDC PLACES: disease burden, preventable risk, and barriers to care.
- National Center for Education Statistics: school enrollment and assessment inputs behind the school grade.
- FCC National Broadband Map: internet and wireless availability.
- U.S. Bureau of Labor Statistics: employment and job growth behind the local economy score.
- Religious activity uses a proprietary religious signal measurement.
Your priorities
Move a slider to say how much a measure matters. Zero turns it off.