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

Population 23,666
Median Household Income $113,570
Median Home Value $320,100
Median Rent $1,478
Median Age 41.1
Unemployment Rate 3.2%
Poverty Rate 7.0%
Bachelor's Degree or Higher 36.6%
State Minnesota

ZIP 55316 vs. Minnesota vs. U.S.

MetricZIP 55316MN Avg.U.S. Avg.
Population23k6,53110k
Median Household Income$113k$77k$73k
Median Home Value$320k$223k$258k
Median Rent$1,478$954$1,088
Median Age41.143.243.2
Unemployment Rate3.2%4.0%5.0%
Poverty Rate7.0%9.9%13.3%
Bachelor's Degree or Higher36.6%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
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