ZIP code 55416: Minneapolis, MN
55416 is a ZIP code in Minneapolis, Minnesota, mainly in Hennepin County, part of the Minneapolis-St. Paul-Bloomington, MN-WI metro area. About 35,015 people live here.
- Population
- 35,015
- Median household income
- $105,958
- Typical home value
- $407,800-0.7% in 12 months
- Median rent
- $1,755gross, per month
- Median age
- 35.6
- Homeowners
- 49.9%of occupied homes
Shaded: ZIP code 55416's area. Click anywhere on the map to see which ZIP code it's in.
ZIP codes within 10 milesWithin 25 miles
ZIP code 55416 details
| City | Minneapolis |
|---|---|
| State | Minnesota |
| County | Hennepin County |
| Metro area | Minneapolis-St. Paul-Bloomington, MN-WI |
| Time zone | Central Time (UTC−6), observes daylight saving time |
| Type | Standard (delivery area) |
| Land area | 7.3 sq mi, plus 0.4 sq mi of water |
| Population density | 4,770 people per sq mi |
| Bachelor's degree or higher | 71.4% of adults 25+ |
| Average commute | 20.2 minutes |
| Center coordinates | 44.94937, -93.34099 |
Median rent in 55416 by bedrooms
| Size | Median gross rent |
|---|---|
| Studio | $1,440/mo |
| 1 bedroom | $1,632/mo |
| 2 bedrooms | $2,049/mo |
| 3 bedrooms | $2,592/mo |
| 4 bedrooms | $1,611/mo |
Gross rent includes utilities paid by the tenant. ACS 2020–2024; sizes with too few rentals to estimate are left out.
ZIP codes near 55416
| ZIP code | City | Distance | Population |
|---|---|---|---|
| 55426 | Minneapolis, MN | 2.0 mi | 25,251 |
| 55408 | Minneapolis, MN | 2.3 mi | 31,507 |
| 55405 | Minneapolis, MN | 2.5 mi | 17,198 |
| 55410 | Minneapolis, MN | 2.8 mi | 20,422 |
| 55424 | Minneapolis, MN | 3.1 mi | 10,289 |
| 55403 | Minneapolis, MN | 3.1 mi | 17,601 |
| 55409 | Minneapolis, MN | 3.2 mi | 11,188 |
| 55436 | Minneapolis, MN | 3.4 mi | 14,462 |
Population and median household income: ACS 2020–2024 5-year estimates. Typical home value: Zillow Home Value Index (September 2026) where available, otherwise the ACS median owner-reported value. "PO Box" marks ZIP codes with no delivery area of their own. Methodology
Buying a home in 55416?
A typical home in ZIP code 55416 is worth about $407,800 (Zillow Home Value Index). The median household here earns $105,958 a year. See what buying here would cost per month, with Minnesota average taxes and insurance filled in.
Monthly payment for a $407,800 homeWhat can a $105,958 income afford?Rental property numbers
About ZIP code 55416
What city is ZIP code 55416?
ZIP code 55416 is in Minneapolis, MN, in Hennepin County.
What county is ZIP code 55416 in?
55416 is mainly in Hennepin County, Minnesota.
What is the population of ZIP code 55416?
About 35,015 people live in ZIP code 55416, according to the American Community Survey 2020–2024 5-year estimates.
What time zone is ZIP code 55416 in?
55416 is in Central Time (UTC−6). It observes daylight saving time.
What other ZIP codes does Minneapolis have?
Minneapolis, MN also uses 55401, 55402, 55403, 55404, 55405, 55406, 55407, 55408, 55409, 55410, 55411, 55412, 55413, 55414, 55415, 55417, 55418, 55419, 55420, 55421, 55422, 55423, 55424, 55425, 55426, 55427, 55428, 55429, 55430, 55431, 55432, 55433, 55434, 55435, 55436, 55437, 55438, 55439, 55440, 55441, 55442, 55443, 55444, 55445, 55446, 55447, 55448, 55449, 55450, 55454, 55455, 55458, 55459, 55460, 55467, 55470, 55472, 55473, 55474, 55478, 55479, 55480, 55483, 55484, 55485, 55486, 55487 and 55488.