55316 ZIP Code – Champlin, Minnesota
ZIP code 55316 is a large ZIP code located in Champlin, Minnesota, within Hennepin County with a population of approximately 23,666 residents. Residents earn a median household income of $113,570, which is above the Minnesota average and well above the national figure. Homes in this ZIP code have a median value of $320,100, above the national average, with 88.1% owner-occupied housing (decreasing). . Median rent is $1,478, which is above the U.S. average. Housing consists of 89% single-family (decreasing), 10% apartments (increasing).
The area reports an unemployment rate of 3.2%, below the national average. The poverty rate is 7.0%, well below the national average. 36.6% of adults hold a bachelor's degree or higher, above the U.S. average. Residents have a median age of 41.1, near the U.S. median. ZIP codes in the surrounding area include 55445, 55433, 55369.
ZIP Code 55316 Data
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ZIP 55316 vs. Minnesota vs. U.S.
| Metric | ZIP 55316 | MN Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 23k | 6,531 | 10k |
| Median Household Income | $113k | $77k | $73k |
| Median Home Value | $320k | $223k | $258k |
| Median Rent | $1,478 | $954 | $1,088 |
| Median Age | 41.1 | 43.2 | 43.2 |
| Unemployment Rate | 3.2% | 4.0% | 5.0% |
| Poverty Rate | 7.0% | 9.9% | 13.3% |
| Bachelor's Degree or Higher | 36.6% | 26.4% | 26.9% |
Demographics Charts
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Education Level (adults 25+)
Nearby ZIP Codes
- 55445 – Minneapolis
- 55433 – Minneapolis
- 55369 – Osseo
- 55443 – Minneapolis
- 55448 – Minneapolis
- 55327 – Dayton
- 55444 – Minneapolis
- 55311 – Maple Grove
- 55434 – Minneapolis
- 55428 – Minneapolis
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 55445 | MINNEAPOLIS | 13,459 | $101,820 |
| 55433 | MINNEAPOLIS | 34,126 | $77,721 |
| 55369 | OSSEO | 37,983 | $109,543 |
| 55443 | MINNEAPOLIS | 32,912 | $87,306 |
| 55448 | MINNEAPOLIS | 29,170 | $92,596 |