Population 23,294 · Census ACS 2020–24
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Population and households in ZIP 55316
Household size in ZIP 55316
| Period | ZIP 55316 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.81 | 2.58 | 2.52 | 2.68 |
| 2010–14 | 2.72 | 2.61 | 2.54 | 2.73 |
| 2015–19 | 2.71 | 2.63 | 2.55 | 2.71 |
| 2020–24 | 2.77 | 2.58 | 2.52 | 2.65 |
| Change | −0.04 | −0.00 | +0.00 | −0.03 |
The typical household in ZIP 55316 holds 2.77 people, slightly more than the U.S. average of 2.65. Since 2006–10, household size has edged down from 2.81, mirroring the country. ZIP 55316 has larger households than at least four in five Minnesota ZIP codes.
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 55316
| Period | ZIP 55316 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 36.6 | 36.8 | 37.9 | 37.7 |
| 2010–14 | 39.3 | 37.8 | 38.9 | 38.6 |
| 2015–19 | 40.4 | 38.6 | 39.6 | 39.6 |
| 2020–24 | 42.6 | 39.2 | 40.0 | 40.1 |
| Change | +6.0 | +2.5 | +2.1 | +2.3 |
The median resident of ZIP 55316 is 42.6 years old, a bit older than the national median of 40.1. Since 2006–10, the median age has climbed from 36.6, mirroring the country. The youngest areas are in the south, the oldest in the northwest.
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 55316
| Period | ZIP 55316 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 10.0% | 10.2% | 9.9% | 12.3% |
| 2010–14 | 7.9% | 10.6% | 10.2% | 12.3% |
| 2015–19 | 7.8% | 9.9% | 9.7% | 11.6% |
| 2020–24 | 12.0% | 9.8% | 9.6% | 11.6% |
| Change | +2.0 pts | −0.4 pts | −0.3 pts | −0.6 pts |
Single-parent households are about as common in ZIP 55316 as they are nationally: 12.0%, against 11.6%. Single parents are more common here than in the Minneapolis area overall (9.8%). Since 2006–10, the single-parent share has risen 2.0 points, 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 55316
Renters in ZIP 55316
| Period | ZIP 55316 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 12.8% | 27.3% | 25.8% | 33.3% |
| 2010–14 | 13.1% | 29.6% | 27.9% | 35.6% |
| 2015–19 | 13.2% | 30.0% | 28.4% | 36.0% |
| 2020–24 | 11.9% | 29.3% | 27.8% | 34.8% |
| Change | −0.8 pts | +2.0 pts | +2.0 pts | +1.5 pts |
ZIP 55316 is overwhelmingly a place of homeowners: only 11.9% of households rent, far below the national share of 34.8%. Owner-heavy areas like this tend to see less turnover. Among homeowners, 27.7% have no mortgage at all, well below the national share of 39.8%. Since 2006–10, the renter share has edged down 0.8 points, even as the national share rose.
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 55316
| Period | ZIP 55316 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 4.3% | 7.0% | 9.2% | 11.4% |
| 2010–14 | 4.6% | 6.2% | 9.0% | 11.4% |
| 2015–19 | 1.6% | 5.5% | 8.7% | 11.1% |
| 2020–24 | 3.8% | 5.7% | 8.3% | 9.6% |
| Change | −0.5 pts | −1.3 pts | −0.9 pts | −1.8 pts |
Empty homes are scarce in ZIP 55316: just 3.8% sit vacant, compared with 9.6% nationally, a sign of a tight housing market. Since 2006–10, vacancy has edged down 0.5 points, a smaller shift than nationally. ZIP 55316 has a lower vacancy rate than at least four in five Minnesota ZIP codes.
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 55316
| Period | ZIP 55316 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 1986 | 1975 | 1973 | 1974 |
| 2010–14 | 1986 | 1976 | 1974 | 1975 |
| 2015–19 | 1986 | 1977 | 1975 | 1977 |
| 2020–24 | 1988 | 1980 | 1978 | 1980 |
| Change | +2 | +4 | +5 | +6 |
ZIP 55316 has newer housing than the country as a whole: the median home was built in 1988, versus 1980 nationally. Compared with other Minnesota ZIP codes, ZIP 55316 has newer homes than most.
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 55316
| Period | ZIP 55316 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | $1,168 | $1,007 | $882 | $965 |
| 2010–14 | $1,161 | $1,077 | $953 | $1,040 |
| 2015–19 | $1,359 | $1,258 | $1,099 | $1,213 |
| 2020–24 | $1,785 | $1,603 | $1,404 | $1,571 |
| Change | +$617 | +$597 | +$522 | +$606 |
The median renter in ZIP 55316 pays $1,785 a month for rent and utilities, above the national median of $1,571. Rent has climbed $617 a month since 2006–10, up 53%, a slower climb than the nation's. The typical renter here spends 30.2% of household income on rent, just over the 30% mark often used to define affordable rent. Rents run highest in the south and lowest in the west.
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 55316
Bachelor's degrees in ZIP 55316
| Period | ZIP 55316 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 33.9% | 37.2% | 32.1% | 28.4% |
| 2010–14 | 35.1% | 39.1% | 33.7% | 29.6% |
| 2015–19 | 39.7% | 41.8% | 36.2% | 32.1% |
| 2020–24 | 37.9% | 45.4% | 39.6% | 35.6% |
| Change | +3.9 pts | +8.1 pts | +7.4 pts | +7.2 pts |
Nearly four in ten adults 25 and older in ZIP 55316 (37.9%) hold at least a bachelor's degree, close to the national share of 35.6%. The share is lower than in the Minneapolis area overall (45.4%). The share with a degree has risen 3.9 points since 2006–10, as it has nationally.
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 55316
| Period | ZIP 55316 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 96.5% | 92.4% | 91.4% | 84.9% |
| 2010–14 | 96.2% | 92.9% | 92.2% | 86.1% |
| 2015–19 | 97.3% | 93.5% | 93.0% | 87.7% |
| 2020–24 | 97.3% | 94.0% | 93.7% | 89.3% |
| Change | +0.8 pts | +1.6 pts | +2.3 pts | +4.3 pts |
Finishing high school is nearly universal in ZIP 55316: 97.3% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%. The share with a diploma has edged up 0.8 points since 2006–10, a smaller shift than nationally. ZIP 55316 has a higher share of high school graduates than at least four in five Minnesota ZIP codes.
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 55316
| Period | ZIP 55316 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 5.2% | 6.7% | 6.5% | 8.1% |
| 2010–14 | 3.7% | 6.8% | 6.5% | 9.4% |
| 2015–19 | 2.7% | 3.6% | 3.7% | 5.6% |
| 2020–24 | 3.9% | 4.0% | 4.1% | 5.4% |
| Change | −1.3 pts | −2.7 pts | −2.4 pts | −2.7 pts |
Unemployment in ZIP 55316 runs below the national rate: 3.9% of the labor force was out of work and looking, against 5.4% nationally. Unemployment is down 1.3 points from 2006–10, mirroring the country. 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 55316 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 55316 | 2.77 | 42.6 | 12.0% | 11.9% | 3.8% | 1988 | $1,785 | 37.9% | 97.3% | 3.9% |
| ZIP 55433 | 2.45 | 39.3 | 14.2% | 32.0% | 3.4% | 1980 | $1,510 | 24.2% | 92.6% | 4.5% |
| ZIP 55445 | 2.97 | 35.3 | 10.8% | 18.8% | 5.4% | 1992 | $1,743 | 39.5% | 90.5% | 3.4% |
| ZIP 55327 | 2.70 | 43.3 | 7.7% | 5.5% | 3.3% | 2011 | $1,679 | 38.4% | 95.7% | 2.0% |
| ZIP 55443 | 2.96 | 38.4 | 13.2% | 26.4% | 4.8% | 1989 | $1,682 | 36.5% | 90.4% | 3.1% |
| ZIP 55369 | 2.45 | 41.3 | 5.9% | 24.2% | 4.8% | 1990 | $1,945 | 53.4% | 96.9% | 3.2% |
| ZIP 55448 | 2.83 | 39.7 | 10.6% | 15.9% | 2.4% | 1981 | $1,709 | 29.8% | 94.9% | 4.4% |
| ZIP 55303 | 2.63 | 41.0 | 11.4% | 24.3% | 4.5% | 1987 | $1,569 | 31.7% | 95.8% | 4.1% |
| ZIP 55444 | 3.23 | 36.7 | 19.9% | 9.8% | 5.7% | 1979 | $2,127 | 33.3% | 90.8% | 4.4% |
| ZIP 55434 | 2.79 | 37.0 | 12.1% | 17.8% | 4.7% | 1983 | $1,627 | 25.9% | 92.9% | 4.9% |
| ZIP 55311 | 2.81 | 41.4 | 5.8% | 13.0% | 4.3% | 1998 | $1,926 | 63.1% | 97.8% | 3.7% |
All figures 2020–24.
Zip codes with similar populations: 03431, NH · 06042, CT · 07016, NJ · 08037, NJ · 08088, NJ · 08638, NJ · 13069, NY · 15136, PA · 23324, VA · 24017, VA
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 55316. 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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