ZIP 55416 vs ZIP 55423
A side-by-side comparison of ZIP Code 55416 and ZIP Code 55423: population, income, housing, and more.
ZIP 55416 and ZIP 55423 are ZIP Code areas in Minnesota. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.
ZIP 55423 has the higher population (36,779 vs 34,905 in ZIP 55416). ZIP 55416 has the higher median household income ($105,926 vs $84,102 in ZIP 55423). ZIP 55416 has the higher median home value ($457,300 vs $320,300 in ZIP 55423).
Population, income & housing
| ZIP 55416 | ZIP 55423 | |
|---|---|---|
| Population | 34,905 | 36,779 |
| Median age | 35.8 yrs | 38.9 yrs |
| Median household income | $105,926 | $84,102 |
| Median home value | $457,300 | $320,300 |
| Median gross rent | $1,701 | $1,334 |
| Housing units | 19,197 | 16,792 |
| Homeownership rate | 49.8% | 62.5% |
| Bachelor's degree or higher | 73.2% | 44.3% |
| Unemployment rate | 2.9% | 5.1% |
Trends (ACS 5-year, 2019–2023)
| ZIP 55416 | ZIP 55423 | |
|---|---|---|
| Population | 33,036 → 34,905 (+5.7%) | 36,300 → 36,779 (+1.3%) |
| Median household income | $85,108 → $105,926 (+24.5%) | $66,852 → $84,102 (+25.8%) |
| Median home value | $355,400 → $457,300 (+28.7%) | $225,200 → $320,300 (+42.2%) |
| Median gross rent | $1,332 → $1,701 (+27.7%) | $1,078 → $1,334 (+23.7%) |
ZIP 55416
33,03634,905
$85,108$105,926
$355,400$457,300
$1,332$1,701
ZIP 55423
36,30036,779
$66,852$84,102
$225,200$320,300
$1,078$1,334
Age & race/ethnicity
Age distribution (share)
| ZIP 55416 | ZIP 55423 | |
|---|---|---|
| Under 5 | 4.2% | 5.2% |
| 5 to 17 | 12.2% | 13.5% |
| 18 to 24 | 7.9% | 7.0% |
| 25 to 34 | 24.6% | 17.3% |
| 35 to 44 | 12.4% | 17.3% |
| 45 to 54 | 11.3% | 9.7% |
| 55 to 64 | 11.4% | 11.3% |
| 65 to 74 | 10.0% | 11.3% |
| 75 and over | 6.2% | 7.5% |
Race & ethnicity (share)
| ZIP 55416 | ZIP 55423 | |
|---|---|---|
| White (non-Hispanic) | 78.8% | 61.1% |
| Black or African American | 4.9% | 9.8% |
| American Indian & Alaska Native | 0.0% | 0.4% |
| Asian | 3.6% | 6.2% |
| Native Hawaiian & Pacific Islander | 0.0% | 0.0% |
| Some other race | 0.2% | 0.7% |
| Two or more races | 4.9% | 3.5% |
| Hispanic or Latino | 7.6% | 18.4% |
Educational attainment (age 25+)
Share of adults 25+
| ZIP 55416 | ZIP 55423 | |
|---|---|---|
| No high school diploma | 2.2% | 8.6% |
| High school graduate | 7.2% | 19.7% |
| Some college or associate's | 17.4% | 27.5% |
| Bachelor's degree | 45.2% | 31.4% |
| Graduate or professional degree | 28.0% | 13.0% |
Commute to work
How workers get to work (share)
| ZIP 55416 | ZIP 55423 | |
|---|---|---|
| Drove alone | 57.9% | 68.1% |
| Carpooled | 4.5% | 6.8% |
| Public transit | 3.2% | 4.3% |
| Walked | 2.3% | 2.6% |
| Bicycle | 0.4% | 0.3% |
| Worked from home | 30.8% | 15.8% |
| Other means | 0.9% | 2.1% |
Housing
Units in structure (share)
| ZIP 55416 | ZIP 55423 | |
|---|---|---|
| 1-unit, detached | 37.9% | 59.2% |
| 1-unit, attached | 4.4% | 2.3% |
| 2 to 4 units | 2.7% | 2.5% |
| 5 to 19 units | 10.4% | 11.0% |
| 20 or more units | 44.5% | 24.7% |
| Mobile home & other | 0.0% | 0.2% |
Poverty & households
| ZIP 55416 | ZIP 55423 | |
|---|---|---|
| Poverty rate | 5.4% | 7.3% |
| Average household size | 1.94 | 2.24 |
| Mean commute (minutes) | 21 | 23 |
| Median year structure built | 1974 | 1959 |