ZIP code 55416
55416 is in Hennepin County, Minnesota.
35,015Residents
$105,958Median household income
$1,755/moMedian gross rent
$461,500Median home value
35.6Median age
71%Adults with a bachelor’s degree or higher
50%Homes lived in by their owners
4.4×Home value to household income
Median rent takes about 20% of the median household income in ZIP 55416.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $70,000 a year. In Minnesota that leaves roughly $4,443 a month after tax. See the full paycheck breakdown for $70,000.
Other ZIP codes in Hennepin County
- 55369 $112,144
- 55311 $153,568
- 55407 $78,464
- 55423 $85,182
- 55406 $93,910
- 55414 $51,966
- 55443 $95,082
- 55428 $74,860
- 55408 $70,326
- 55418 $99,397
- 55347 $155,430
- 55419 $148,350
All ZIP codes in Minnesota · Highest-paying jobs in Minnesota
Source: Census ACS 2024 ACS 5-year, ZIP code tabulation areas. ZCTAs approximate postal ZIP codes and can differ from them. Small areas carry larger margins of error.