55016 ZIP Code – Cottage Grove, Minnesota

55016 is a ZIP code serving Cottage Grove, Minnesota in Washington County with a population of approximately 38,842 residents. At $117,255, the median household income here runs well above the Minnesota average and well above the U.S. average. Homes in this ZIP code have a median value of $335,900, above the national average, with 88.2% owner-occupied housing (decreasing). . Median rent is $1,604, which is above the U.S. average. Housing consists of 91% single-family (decreasing), 7% apartments (increasing).

Unemployment stands at 3.5%, which is below the U.S. rate. The poverty rate is 4.2%, well below the national average. An estimated 39.2% of adults hold a bachelor's degree or higher, above the national average. At 36.8, the median age is near the national figure. ZIP codes in the surrounding area include 55071, 55076, 55055.

ZIP Code 55016 Data

Population 38,842
Median Household Income $117,255
Median Home Value $335,900
Median Rent $1,604
Median Age 36.8
Unemployment Rate 3.5%
Poverty Rate 4.2%
Bachelor's Degree or Higher 39.2%
State Minnesota

ZIP 55016 vs. Minnesota vs. U.S.

MetricZIP 55016MN Avg.U.S. Avg.
Population38k6,53110k
Median Household Income$117k$77k$73k
Median Home Value$335k$223k$258k
Median Rent$1,604$954$1,088
Median Age36.843.243.2
Unemployment Rate3.5%4.0%5.0%
Poverty Rate4.2%9.9%13.3%
Bachelor's Degree or Higher39.2%26.4%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
55071 SAINT PAUL PARK 5,895 $93,049
55076 INVER GROVE HEIGHTS 21,771 $92,946
55055 NEWPORT 4,163 $62,039
55129 SAINT PAUL 29,714 $152,532
55077 INVER GROVE HEIGHTS 13,910 $104,425