Population 39,290 · Census ACS 2020–24
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Population and households in ZIP 55016
Household size in ZIP 55016
| Period | ZIP 55016 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.99 | 2.58 | 2.52 | 2.68 |
| 2010–14 | 2.98 | 2.61 | 2.54 | 2.73 |
| 2015–19 | 3.02 | 2.63 | 2.55 | 2.71 |
| 2020–24 | 2.86 | 2.58 | 2.52 | 2.65 |
| Change | −0.13 | −0.00 | +0.00 | −0.03 |
Households in ZIP 55016 average 2.86 people, above the national 2.65, so families with children are more common here. Household size has dropped from 2.99 in 2006–10, a much bigger shift than nationally. Households are largest in the center and smallest in the west.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in ZIP 55016
| Period | ZIP 55016 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 34.7 | 36.8 | 37.9 | 37.7 |
| 2010–14 | 36.2 | 37.8 | 38.9 | 38.6 |
| 2015–19 | 38.0 | 38.6 | 39.6 | 39.6 |
| 2020–24 | 37.6 | 39.2 | 40.0 | 40.1 |
| Change | +3.0 | +2.5 | +2.1 | +2.3 |
ZIP 55016 is a little younger than the country as a whole: its median age is 37.6, against 40.1 nationally. Since 2006–10, the median age has climbed from 34.7, mirroring the country. Residents skew youngest in the northeast and oldest in the south.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in ZIP 55016
| Period | ZIP 55016 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 11.7% | 10.2% | 9.9% | 12.3% |
| 2010–14 | 10.0% | 10.6% | 10.2% | 12.3% |
| 2015–19 | 8.3% | 9.9% | 9.7% | 11.6% |
| 2020–24 | 11.3% | 9.8% | 9.6% | 11.6% |
| Change | −0.4 pts | −0.4 pts | −0.3 pts | −0.6 pts |
Single-parent households are about as common in ZIP 55016 as they are nationally: 11.3%, against 11.6%. Single parents are more common here than in the wider Minneapolis area (9.8%).
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in ZIP 55016
Renters in ZIP 55016
| Period | ZIP 55016 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 9.8% | 27.3% | 25.8% | 33.3% |
| 2010–14 | 11.6% | 29.6% | 27.9% | 35.6% |
| 2015–19 | 13.2% | 30.0% | 28.4% | 36.0% |
| 2020–24 | 12.1% | 29.3% | 27.8% | 34.8% |
| Change | +2.3 pts | +2.0 pts | +2.0 pts | +1.5 pts |
Only 12.1% of households in ZIP 55016 rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Nearly three in ten owners (28.4%) have paid off their mortgages, well below the national share of 39.8%. Renting is most common in the west and least common in the east. The renter share is up 2.3 points from 2006–10, as it has nationally.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in ZIP 55016
| Period | ZIP 55016 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 6.1% | 7.0% | 9.2% | 11.4% |
| 2010–14 | 5.5% | 6.2% | 9.0% | 11.4% |
| 2015–19 | 5.4% | 5.5% | 8.7% | 11.1% |
| 2020–24 | 1.2% | 5.7% | 8.3% | 9.6% |
| Change | −4.9 pts | −1.3 pts | −0.9 pts | −1.8 pts |
Empty homes are scarce in ZIP 55016: just 1.2% sit vacant, compared with 9.6% nationally, a sign of a tight housing market. Vacancy is down 4.9 points from 2006–10, in line with the national trend. ZIP 55016 has the lowest vacancy rate of any Minnesota ZIP code with 5,000+ people.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in ZIP 55016
| Period | ZIP 55016 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 1984 | 1975 | 1973 | 1974 |
| 2010–14 | 1984 | 1976 | 1974 | 1975 |
| 2015–19 | 1986 | 1977 | 1975 | 1977 |
| 2020–24 | 1990 | 1980 | 1978 | 1980 |
| Change | +6 | +4 | +5 | +6 |
ZIP 55016 has newer housing than the country as a whole: the median home was built in 1990, versus 1980 nationally. The median year built has moved up from 1984 in 2006–10, a sign of steady new building. Newer construction is concentrated in the northwest, while the south has the oldest housing.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in ZIP 55016
| Period | ZIP 55016 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | $1,142 | $1,007 | $882 | $965 |
| 2010–14 | $1,202 | $1,077 | $953 | $1,040 |
| 2015–19 | $1,454 | $1,258 | $1,099 | $1,213 |
| 2020–24 | $1,880 | $1,603 | $1,404 | $1,571 |
| Change | +$738 | +$597 | +$522 | +$606 |
A typical rental in ZIP 55016 costs $1,880 a month with utilities, above the national median of $1,571. Rent has climbed $738 a month since 2006–10, up 65%, roughly in step with the nation. The typical renter here spends 33.2% of household income on rent, well over the 30% mark often used to define affordable rent, so many renters here are stretched. Rents run highest in the southwest and lowest in the southeast.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in ZIP 55016
Bachelor's degrees in ZIP 55016
| Period | ZIP 55016 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 32.6% | 37.2% | 32.1% | 28.4% |
| 2010–14 | 31.7% | 39.1% | 33.7% | 29.6% |
| 2015–19 | 36.7% | 41.8% | 36.2% | 32.1% |
| 2020–24 | 40.8% | 45.4% | 39.6% | 35.6% |
| Change | +8.2 pts | +8.1 pts | +7.4 pts | +7.2 pts |
About four in ten adults 25 and older in ZIP 55016 (40.8%) have a bachelor's degree or higher, a bit above the national share of 35.6%. Locally, though, the share is lower than in the Minneapolis area overall (45.4%). The share with a degree is up 8.2 points from 2006–10, mirroring the country.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in ZIP 55016
| Period | ZIP 55016 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 95.2% | 92.4% | 91.4% | 84.9% |
| 2010–14 | 95.6% | 92.9% | 92.2% | 86.1% |
| 2015–19 | 96.0% | 93.5% | 93.0% | 87.7% |
| 2020–24 | 95.1% | 94.0% | 93.7% | 89.3% |
| Change | −0.1 pts | +1.6 pts | +2.3 pts | +4.3 pts |
High school completion is high in ZIP 55016: 95.1% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%. That is in line with the rest of the Minneapolis area.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in ZIP 55016
| Period | ZIP 55016 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 5.9% | 6.7% | 6.5% | 8.1% |
| 2010–14 | 5.3% | 6.8% | 6.5% | 9.4% |
| 2015–19 | 1.8% | 3.6% | 3.7% | 5.6% |
| 2020–24 | 4.0% | 4.0% | 4.1% | 5.4% |
| Change | −1.8 pts | −2.7 pts | −2.4 pts | −2.7 pts |
Unemployment in ZIP 55016 runs below the national rate: 4.0% of the labor force was out of work and looking, against 5.4% nationally. Unemployment has fallen 1.8 points since 2006–10, in line with the national trend. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
ZIP 55016 compared with nearby ZIP codes
| ZIP code | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| ZIP 55016 | 2.86 | 37.6 | 11.3% | 12.1% | 1.2% | 1990 | $1,880 | 40.8% | 95.1% | 4.0% |
| ZIP 55071 | 2.36 | 41.1 | 11.6% | 20.5% | 4.4% | 1981 | $2,184 | 28.7% | 92.6% | 1.7% |
| ZIP 55055 | 2.19 | 37.8 | 5.2% | 33.0% | 3.5% | 1973 | $1,167 | 27.4% | 90.9% | 4.4% |
| ZIP 55076 | 2.29 | 44.3 | 10.8% | 13.6% | 4.9% | 1985 | $1,357 | 39.8% | 95.4% | 3.5% |
| ZIP 55129 | 2.98 | 37.8 | 5.8% | 21.1% | 4.2% | 2009 | $2,151 | 67.0% | 96.7% | 1.6% |
| ZIP 55125 | 2.56 | 40.4 | 8.3% | 23.2% | 2.8% | 1991 | $1,931 | 56.6% | 97.2% | 4.7% |
| ZIP 55075 | 2.48 | 38.7 | 11.4% | 29.5% | 3.6% | 1959 | $1,220 | 32.1% | 92.4% | 5.7% |
| ZIP 55077 | 2.67 | 40.5 | 12.8% | 38.9% | 1.7% | 1996 | $1,703 | 51.0% | 96.7% | 4.3% |
| ZIP 55001 | 2.53 | 51.1 | 2.2% | 1.6% | 4.0% | 1979 | $2,125 | 58.8% | 99.4% | 3.3% |
| ZIP 55033 | 2.52 | 42.8 | 6.9% | 19.4% | 4.4% | 1983 | $1,355 | 32.1% | 95.5% | 4.3% |
| ZIP 55119 | 2.89 | 35.5 | 14.1% | 34.6% | 5.0% | 1969 | $1,491 | 33.6% | 88.2% | 4.3% |
All figures 2020–24.
Zip codes with similar populations: 60060, IL · 17013, PA · 40272, KY · 45342, OH · 89141, NV · 72023, AR · 63011, MO · 94404, CA · 60101, IL · 00728, PR
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up ZIP 55016. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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