Population 25,584 · Census ACS 2020–24
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Population and households in ZIP 55116
Household size in ZIP 55116
| Period | ZIP 55116 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.17 | 2.58 | 2.52 | 2.68 |
| 2010–14 | 2.18 | 2.61 | 2.54 | 2.73 |
| 2015–19 | 2.21 | 2.63 | 2.55 | 2.71 |
| 2020–24 | 2.06 | 2.58 | 2.52 | 2.65 |
| Change | −0.11 | −0.00 | +0.00 | −0.03 |
ZIP 55116 is a place of small households, averaging 2.06 people against 2.65 for the U.S., which points to many singles, couples and roommates and relatively few children. Since 2006–10, household size has dropped from 2.17, a much bigger shift than nationally. Only 16 of the 257 Minnesota ZIP codes with 5,000+ people have smaller households.
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 55116
| Period | ZIP 55116 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 36.7 | 36.8 | 37.9 | 37.7 |
| 2010–14 | 39.2 | 37.8 | 38.9 | 38.6 |
| 2015–19 | 38.8 | 38.6 | 39.6 | 39.6 |
| 2020–24 | 42.7 | 39.2 | 40.0 | 40.1 |
| Change | +5.9 | +2.5 | +2.1 | +2.3 |
The median resident of ZIP 55116 is 42.7 years old, a bit older than the national median of 40.1. The median age has climbed from 36.7 in 2006–10, in line with the national trend. The youngest areas are in the southwest, the oldest in the southeast.
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 55116
| Period | ZIP 55116 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 7.0% | 10.2% | 9.9% | 12.3% |
| 2010–14 | 7.9% | 10.6% | 10.2% | 12.3% |
| 2015–19 | 7.7% | 9.9% | 9.7% | 11.6% |
| 2020–24 | 8.1% | 9.8% | 9.6% | 11.6% |
| Change | +1.2 pts | −0.4 pts | −0.3 pts | −0.6 pts |
Single parents head only 8.1% of households in ZIP 55116, well below the national share of 11.6%. The single-parent share is up 1.2 points from 2006–10, even as the national share fell.
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 55116
Renters in ZIP 55116
| Period | ZIP 55116 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 47.3% | 27.3% | 25.8% | 33.3% |
| 2010–14 | 49.6% | 29.6% | 27.9% | 35.6% |
| 2015–19 | 48.1% | 30.0% | 28.4% | 36.0% |
| 2020–24 | 50.6% | 29.3% | 27.8% | 34.8% |
| Change | +3.3 pts | +2.0 pts | +2.0 pts | +1.5 pts |
Most households in ZIP 55116 rent: 50.6% of occupied homes are rented, far above the national share of 34.8%. Expect more apartments, and more turnover, than in owner-heavy areas. Among homeowners, 36.6% have no mortgage at all, below the national share of 39.8%. Since 2006–10, the renter share has risen 3.3 points, 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 55116
| Period | ZIP 55116 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 6.0% | 7.0% | 9.2% | 11.4% |
| 2010–14 | 7.3% | 6.2% | 9.0% | 11.4% |
| 2015–19 | 6.3% | 5.5% | 8.7% | 11.1% |
| 2020–24 | 5.0% | 5.7% | 8.3% | 9.6% |
| Change | −1.0 pts | −1.3 pts | −0.9 pts | −1.8 pts |
Only 5.0% of homes in ZIP 55116 are vacant, far below the national rate of 9.6%, which usually means strong demand for housing. That is in line with the rest of the Minneapolis area. Vacancy is down 1.0 points from 2006–10, as it has nationally.
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 55116
| Period | ZIP 55116 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 1956 | 1975 | 1973 | 1974 |
| 2010–14 | 1957 | 1976 | 1974 | 1975 |
| 2015–19 | 1957 | 1977 | 1975 | 1977 |
| 2020–24 | 1960 | 1980 | 1978 | 1980 |
| Change | +4 | +4 | +5 | +6 |
ZIP 55116 is a place of older homes: half were built before 1960, while the national median is 1980. That means established neighborhoods, and more houses that may need updating. The median year built has moved up from 1956 in 2006–10, a sign of steady new building. Newer construction is concentrated in the southeast, while the north 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 55116
| Period | ZIP 55116 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | $837 | $1,007 | $882 | $965 |
| 2010–14 | $887 | $1,077 | $953 | $1,040 |
| 2015–19 | $1,181 | $1,258 | $1,099 | $1,213 |
| 2020–24 | $1,482 | $1,603 | $1,404 | $1,571 |
| Change | +$645 | +$597 | +$522 | +$606 |
A typical rental in ZIP 55116 costs $1,482 a month with utilities, below the national median of $1,571. Rents are up $645 a month from 2006–10, a 77% jump, faster than rents rose nationally. The typical renter here spends 33.6% of household income on rent, well over the 30% mark often used to define affordable rent, so many renters here are stretched. Renters on a budget will find the lowest rents in the south; the highest are in the northwest.
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 55116
Bachelor's degrees in ZIP 55116
| Period | ZIP 55116 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 58.6% | 37.2% | 32.1% | 28.4% |
| 2010–14 | 58.2% | 39.1% | 33.7% | 29.6% |
| 2015–19 | 61.4% | 41.8% | 36.2% | 32.1% |
| 2020–24 | 61.6% | 45.4% | 39.6% | 35.6% |
| Change | +3.0 pts | +8.1 pts | +7.4 pts | +7.2 pts |
ZIP 55116 is highly educated: about six in ten adults 25 and older (61.6%) hold at least a bachelor's degree, far above the national share of 35.6%. The share with a degree has risen 3.0 points since 2006–10, as it has nationally. College graduates are most concentrated in the north and least in the south.
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 55116
| Period | ZIP 55116 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 93.8% | 92.4% | 91.4% | 84.9% |
| 2010–14 | 95.0% | 92.9% | 92.2% | 86.1% |
| 2015–19 | 94.4% | 93.5% | 93.0% | 87.7% |
| 2020–24 | 95.8% | 94.0% | 93.7% | 89.3% |
| Change | +2.0 pts | +1.6 pts | +2.3 pts | +4.3 pts |
High school completion is high in ZIP 55116: 95.8% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%. The share with a diploma has risen 2.0 points since 2006–10, in line with the national trend.
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 55116
| Period | ZIP 55116 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 6.6% | 6.7% | 6.5% | 8.1% |
| 2010–14 | 6.5% | 6.8% | 6.5% | 9.4% |
| 2015–19 | 1.8% | 3.6% | 3.7% | 5.6% |
| 2020–24 | 3.9% | 4.0% | 4.1% | 5.4% |
| Change | −2.6 pts | −2.7 pts | −2.4 pts | −2.7 pts |
Jobs have been easier to find in ZIP 55116 than nationally: unemployment was 3.9%, against 5.4%. Unemployment has fallen 2.6 points since 2006–10, as it has nationally. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current 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 55116 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 55116 | 2.06 | 42.7 | 8.1% | 50.6% | 5.0% | 1960 | $1,482 | 61.6% | 95.8% | 3.9% |
| ZIP 55105 | 2.23 | 37.6 | 4.4% | 33.8% | 6.1% | 1940 | $1,369 | 77.3% | 98.3% | 3.0% |
| ZIP 55111 | 1.27 | 57.0 | 7.9% | 100.0% | 9.4% | 1986 | $858 | 28.3% | 80.6% | 9.0% |
| ZIP 55150 | 2.00 | 64.8 | 1.6% | 24.4% | 10.0% | 1980 | $2,183 | 59.9% | 98.9% | 3.5% |
| ZIP 55104 | 2.37 | 32.7 | 10.2% | 47.0% | 9.8% | 1945 | $1,301 | 56.4% | 93.2% | 6.9% |
| ZIP 55406 | 2.17 | 40.7 | 7.8% | 34.2% | 7.1% | 1945 | $1,397 | 56.2% | 92.3% | 6.0% |
| ZIP 55102 | 1.79 | 42.2 | 6.7% | 54.5% | 10.3% | 1951 | $1,349 | 54.4% | 94.6% | 9.0% |
| ZIP 55417 | 2.27 | 41.0 | 8.3% | 16.0% | 7.4% | 1947 | $1,630 | 64.8% | 95.4% | 3.5% |
| ZIP 55120 | 2.40 | 43.4 | 10.3% | 38.7% | 1.0% | 1988 | $1,697 | 59.5% | 95.9% | 0.7% |
| ZIP 55118 | 2.25 | 43.9 | 7.1% | 35.5% | 6.4% | 1970 | $1,567 | 44.3% | 93.9% | 4.1% |
| ZIP 55114 | 1.82 | 30.9 | 5.1% | 79.6% | 10.1% | 1999 | $1,586 | 60.8% | 94.3% | 1.0% |
All figures 2020–24.
Zip codes with similar populations: 78728, TX · 35640, AL · 37388, TN · 37716, TN · 40403, KY · 53144, WI · 72223, AR · 76114, TX · 77545, TX · 77598, TX
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 55116. 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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