55416 Zip Code

April 18, 2024

Zip Code:	55416
City/Town:	St Louis Park
State:	Minnesota

Population:	29,027
Per Capita Income:	$47,549
Mean Household Income:	$89,112

Total Housing Units:	14,837
Median Home Value:	$164,500
Median Year Homes Built:	1958

Land Area:	7.3 sq miles 18.9 sq kilometers
Water Area:	1.0 sq miles 2.6 sq kilometers

Population Information (55416 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

29,027

Male:

13,765

47.4%

49.2%

Female:

15,262

52.6%

50.8%

Median Age:

36.7 yrs

37.2 yrs

Under 5 years:

1,643

5.7%

6.5%

5 to 9 years:

1,419

3.4%

6.6%

10 to 19 years:

2,212

7.6%

13.8%

20 to 29 years:

5,670

19.5%

13.8%

30 to 39 years:

4,902

16.9%

13.0%

40 to 49 years:

3,972

13.7%

14.2%

50 to 59 years:

3,899

13.4%

13.6%

60 to 69 years:

2,561

8.8%

9.4%

70 to 79 years:

1,243

4.3%

5.4%

80 years and over:

1,506

5.2%

3.7%

Housing Information (55416 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$164,500

$119,600

Median year homes build:

1958

1971

Median real estate taxes:

$1,980 / yr.

$1,334 / yr.

Median rent:

$698 / mo.

$519 / mo.

Total households:

14,837

Family households:

6,420

43.3%

66.4%

Nonfamily households:

8,417

56.7%

33.6%

Households with individuals under 18 years:

2,802

18.9%

33.4%

Households with individuals 65 years and over:

2,731

18.4%

24.9%

Average household size:

1.9

Average family size:

2.8

Total housing units:

16,125

Occupied housing units:

14,837

92.0%

88.6%

Vacant housing units:

1,288

8.0%

11.4%

For rent:

634

3.9%

3.1%

Rented, not occupied:

0.3%

0.2%

For sale only:

194

1.2%

1.4%

Sold, not occupied:

0.3%

For seasonal, recreational, or occasional use:

202

1.3%

3.5%

All other vacants:

161

1.0%

2.8%

Homeowner vacancy rate:

2.2%

2.4%

Rental vacancy rate:

8.9%

9.2%

Owner-occupied housing units:

8,401

Population in owner-occupied housing units:

18,331

Average household size of owner-occupied units:

2.2

2.65

Renter-occupied housing units:

6,436

Population in renter-occupied housing units:

10,394

Average household size of renter-occupied units:

1.6

2.44

Educational Attainment (55416 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

20,491

Less than 9th grade:

202

1.0%

6.2%

9th to 12th grade, no diploma:

609

3.0%

8.7%

High school graduate (includes equivalency):

2,974

14.5%

29.0%

Some college, no degree:

4,090

20.0%

20.6%

Associate degree:

1,080

5.3%

7.5%

Bachelor's degree:

7,727

37.7%

17.6%

Graduate or professional degree:

3,809

18.6%

10.3%

Percent high school graduate or higher:

96.0%

85.0%

Percent bachelor's degree or higher:

56.3%

27.9%

Income Information (55416 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

10,829

37.3%

50.4%

Median income:

$39,877 / yr.

$27,932 / yr.

Full-time, year-round workers:

6,819

23.5%

59.7%

Median income:

$49,647 / yr.

$38,349 / yr.

Females 15 years and over with income:

11,418

39.3%

49.6%

Median income:

$28,274 / yr.

$16,327 / yr.

Full-time, year-round workers:

5,350

18.4%

40.3%

Median income:

$36,899 / yr.

$28,135 / yr.

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